Media Home
UN Web TV
UN PhotoUnifeed
UN / FINANCING 2030 AGENDA
STORY: UN / FINANCING 2030 AGENDA
TRT: 3:20
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGE: ENGLISH /NATS
DATELINE: 24 SEPTEMBER 2018, NEW YORK CITY
1. Exterior, UN Headquarters
2. Wide shot, meeting room
3. Med shot, Guterres and Lagarde at the podium
4. Med shot, Trudeau posing for photo with a delegate
5. SOUNDBITE (English) Antonio Guterres, Secretary-General of the United Nations:
“This is no easy task. The financing needs of the 2030 Agenda are immense. Globally, investments of $5 - $7 trillion are needed each year to implement the Sustainable Development Goals. We have made some progress in mobilizing resources for the SDGs, but more is needed - much more.”
6. Wide shot, meeting
7. SOUNDBITE (English) Antonio Guterres, Secretary-General of the United Nations:
“We must continue to support developing countries in creating conditions for mobilizing domestic resources, including through tax reform and other good governance measures. At the same time, I call on the international community to take much more effective steps to fight illicit flows of capital, money laundering and tax evasion, which continue to drain desperately needed resources from the developing world.”
8. Cutaway, delegates
9. SOUNDBITE (English) Antonio Guterres, Secretary-General of the United Nations:
“First, we must align global economic policies and financial systems with the 2030 Agenda. This means realigning incentives and reducing market perceptions of risk – moving away from business as usual approaches to genuine and strong commitments to sustainable development.”
10. Wide shot, applause
11. Zoom in, Lagarde speaking
12. Cutaway, delegates
13. SOUNDBITE (English) Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund:
“Low-income developing countries must own the responsibility for achieving the SDGs. Country efforts should focus on strengthening macroeconomic management, enhancing tax capacity, tackling spending inefficiencies, addressing the corruption that undermines inclusive growth, and fostering business environments where the private sector can thrive.”
14. Cutaway, delegates
15. SOUNDBITE (English) Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund:
“The bottom line is that mobilizing financing on this scale will require a strong partnership among all stakeholders—and that is if I recall the 17th principle of the Sustainable Development Goals. So yes, it is a big challenge. But we sort of know how much, we know what are the sources of how-how will be and we just need to also create a general environment where some public common goods will also be necessary for these Sustainable Development Goals to be reached.”
16. Wide shot, applause
17. Med shot, panellist going to podium
18. SOUNDBITE (English) Justin Trudeau, Prime Minister of Canada:
“The time when the western countries could sort of sit back and say: oh, you know, we can give a little bit to charity or development and the world will unfold as it should is now gone. We need to be much more actively engaged and indeed creative about how we pull together solutions that are going to address climate change, move low income economies towards greater prosperity, lift people out of poverty as we’ve seen over the past decades around the world, but there is much more to do.”
19. Wide shot, meeting
Speaking at the high-level meeting on financing the 2030 Agenda for Sustainable Development, the United Nations Secretary-General Antonio Guterres said today “we have made some progress in mobilizing resources for the SDGs, but more is needed - much more.”
The Sustainable Development Goals (SDGs) are a set of seventeen global goals agreed to be reached by 2030 in order to achieve a better and more sustainable future for all. They are related to poverty, inequality, climate, environmental degradation, prosperity, and peace and justice.
Financing for the SDGs – or Agenda 2030, however, represents a major challenge when it comes to attracting and directing public and private investments to areas that support the achievement of the SDGs.
The secretary-general said “this is no easy task. The financing needs of the 2030 Agenda are immense. Globally, investments of $5 - $7 trillion are needed each year to implement the Sustainable Development Goals.”
Financing for sustainable development, guided by the SDGs will require action by diverse actors – Governments fostering enabling environments for financing and investment; the private sector mobilizing for long-term investment; and champions of innovation developing new solutions for financing the SDGs.
Guterres said “we must continue to support developing countries in creating conditions for mobilizing domestic resources, including through tax reform and other good governance measures. At the same time, I call on the international community to take much more effective steps to fight illicit flows of capital, money laundering and tax evasion, which continue to drain desperately needed resources from the developing world.”
Launching his Strategy to support Financing the 2030 Agenda Guterres proposed an urgent action to achieve three objectives. He said “First, we must align global economic policies and financial systems with the 2030 Agenda. This means realigning incentives and reducing market perceptions of risk – moving away from business as usual approaches to genuine and strong commitments to sustainable development.”
Other two objectives in the Secretary-General’s proposal are enhancing sustainable financing solutions, strategies and investments at the regional and country levels as well as seizing the enormous potential of financial innovations, new technologies and digitalization to provide equitable access to finance, especially for those hardest to reach.
Also speaking at the event, Christine Lagarde, Managing Director of the International Monetary Fund (IMF) said that central to a achieving the SDGs in low-income developing countries is additional spending of 14 percent of GDP on average and that the IMF estimate that across 49 low income countries this spending amounts to USD 520 billion a year.
Lagarde said that as a necessary first step, “low-income developing countries must own the responsibility for achieving the SDGs. Country efforts should focus on strengthening macroeconomic management, enhancing tax capacity, tackling spending inefficiencies, addressing the corruption that undermines inclusive growth, and fostering business environments where the private sector can thrive.”
The Managing Director also said “the bottom line is that mobilizing financing on this scale will require a strong partnership among all stakeholders—and that is if I recall the 17th principle of the Sustainable Development Goals. So yes, it is a big challenge. But we sort of know how-much, we know what are the sources of how-how will be and we just need to also create a general environment where some public common goods will also be necessary for these Sustainable Development Goals to be reached.”
Speaking at the same event, the prime Minister of Canada, Justin Trudeau said “the time when the western countries could sort of sit back and say: oh, you know, we can give a little bit to charity or development and the world will unfold as it should is now gone.”
Trudeau called for western, developed countries “to be much more actively engaged and indeed creative about how we pull together solutions that are going to address climate change, move low income economies towards greater prosperity, lift people out of poverty as we’ve seen over the past decades around the world, but there is much more to do.”
Download
There is no media available to download.
