“The human consequences of rising debt burdens, escalating trade tensions and steep cuts to official development assistance have been brought into sharp relief this week,” she told the closing session of the pivotal gathering, amid sizzling temperatures across southern Spain. Multilateralism at work But against that backdrop, the conference has...
Development benefits all countries because it is linked to other areas of activity and society, including basic security itself. Without it, there is no hope – and no stability. That is the key message from the Director of the UN Development Programme’s Bureau for Policy and Programme Support (UNDP), Marcos...
On Friday, Deputy Secretary-General Amina Mohammed launched a new report, Confronting the Debt Crisis: 11 Actions to Unlock Sustainable Financing. She was joined by experts Mahmoud Mohieldin and Paolo Gentiloni, along with Rebeca Grynspan, Head of the UN Conference on Trade and Development (UNCTAD). A growing crisis “Borrowing is critical...
The Southeast Asian country has already raised close to $12 billion in thematic bonds, including blue bonds and Islamic investment instruments over the last seven years. These efforts have been supported by development partners, including the United Nations. Putut Hari Satyaka, is the Deputy Minister for Development Financing and Investment at Indonesia’s...
For decades, helping the least developed countries to develop has been seen as beneficial for the international community as a whole, as well as a duty of the countries with more resources. However, this philosophy is being challenged by some wealthy nations, which have decided to reduce or even end...
Every dollar invested in girls’ education yields an average return of $2.80 – translating into billions in additional GDP. Similarly, each dollar spent on water and sanitation saves $4.30 in healthcare costs. Simple math, not miracles These aren’t miracles – they’re measurable outcomes. Maths doesn’t recognize gender or infrastructure; it...
These are part of 17 goals agreed by nearly every country, called the Sustainable Development Goals (SDGs). The plan is to hit these targets by 2030. But we’re falling behind. One big reason? There just isn’t enough consistent funding to make real progress. That’s why world leaders, economists, and other...
Ambassadors met to debate how poverty, inequality, and underdevelopment are fuelling conflict and instability, at a time when hostilities are increasing and demand for humanitarian aid is rising as resources dwindle. Every dollar spent on prevention could save up to $103 in conflict-related costs, according to the International Monetary Fund...
For several decades, human development indicators showed a steady, upward curve and UN researchers predicted that by 2030, a high level of development would be enjoyed by the global population. Those hopes have been dashed in recent years following a period of exceptional crises such as the COVID-19 pandemic –...
Putting sustainable change and social inclusion at the forefront of its effort, the Economic and Social Council (ECOSOC) Youth Forum is the UN’s largest annual gathering of young people. “The urgency of shaping a more sustainable, inclusive and just future for all has never been clearer,” said the President of ECOSOC, Bob...
The initiative is in line with UN Secretary-General António Guterres’s longstanding assertion that “moving beyond GDP is fundamental to building an economic system that gives value to what counts – human well-being – now and in the future, and for everyone”. While GDP has become the gold standard by which...
During a discussion on early childhood development, the High Commissioner for Human Rights underscored that 80 per cent of the human brain is formed in the first three years of life, as he appealed for a reset in youth-centred policy. “Investments in early childhood are one of the smartest ways...
