evidence: Global flows of foreign direct investment recovered to pre-pandemic levels last year,reaching $1.6 trillion. Cross-border deals and international project finance were particularly strong, encouraged by loose financing conditions and infrastructure stimulus. However, the recovery of greenfield investment in industry remains fragile,especially in developing countries. [...] The World Investment Report supports policymakers by monitoring global and regional investment trends and national and international investment policy developments. The report reviews investment in the Sustainable Development Goals and in climate change mitigation and adaptation. It also looks at sustainable finance trends in capital markets and among institutional investors. [...] I commend this report to all engaged in promoting investment in sustainable development.