ABSTRACT
No strategy for sustainable development can succeed without financial backing. This is borne out by the experience of Agenda 21, which lost credibility as the gap between what was required and what was available became more apparent.
The pronouncements and programmes of Agenda 21, though individually reasonable and compelling, when taken together and without a reference to sources of financing, appear little more than a wish list of things good to have but beyond our reach.
(Panayotou 1994)