Adopted in 2015, the Sustainable Development Goals (SDGs) call on world leaders to end poverty, protect the planet and ensure global peace and prosperity for all by the year 2030. Corruption represents a major obstacle to reaching the 17 goals that 193 countries have committed to achieve under this ambitious global development agenda. Corruption hampers economic growth, increases poverty and fuels political and social instability.
In fact, the UN’s Agenda 2030 for Sustainable Development recognises corruption as a severe impediment to achieving the SDGs. Its introduction to SDG 16 — which covers peace, justice and strong institutions — notes that corruption, bribery, tax evasion and illicit flows deprive developing countries of an estimated US$1.26 trillion per year.