Importantly, the report notes the large shortfall in financing for developing countries' agricultural plans; the new alliance and its private sector $3bn pledge will not fill this gap.
Meanwhile, global brands like Unilever, Marks & Spencer, and IKEA continue to set an example for the rest of the private sector, making ambitious pledges in the last week to increase their sustainable sourcing efforts and/or shift their operations to 100percentt renewable energy.
Mervyn Davies, the chairman of the Garden Bridge Trust, said: "We have been hugely successful in our efforts to raise funds from the private sector, with £85m pledged to date, and we have agreed that any of the committed funds from TfL spent over the £10m will be treated as a loan.
The USWP is composed of more than 100 partners from government, civil society, and the private sector who have pledged over $1.3 billion to address global water and sanitation challenges.
Sure, private sector actions, from Nike pledging to ban sweatshops in the 1990s to 68 corporations publicly slamming North Carolina for passing an anti-trans bathroom bill, can be a part of huge policy and cultural shifts.
Last weekend, I joined world leaders gathered in Canada as governments and the private sector came together to pledge more than $12.9 billion to the Global Fund to Fight AIDS, Tuberculosis (TB) and Malaria.
At a donor's pledging roundtable, private sector companies and bilateral partners agreed to contribute to the US$24.5 million shortfall by pledging additional funds, logistical support and technical expertise.
The partnership, which brings together aid donors and recipients, emerging economies, civil society organisations, private sector companies and foundations, has pledged to try to eradicate poverty through better co-operation.
What we need is an independent unit — made up of people from governments, the private sector and civil society — to track pledges and progress, not just on aid but also on trade, governance, investment.
On the business side, consultancy firm KPMG - in the shape of its special global adviser Yvo de Boer, former head of the UN climate convention - has highlighted the pledges of the private sector.
