UN / SDG STIMULUS

Presenting the Secretary-General’s Sustainable Development Goals (SDGs) stimulus plan, the Administrator of the United Nations Development Program (UNDP) Achim Steiner said the plan “calls for a measurable increase in resources available to combat the current crisis of at least 500 billion dollars a year through expanded lending, and potentially over 1.8 trillion.” UNIFEED

• Categories: News & Features / News Stories / Unifeed
• Video Length: 00:02:03
• Production Date: 17 February 2023
• Asset Language: English
• Personal Subject: ACHIM STEINER
• Corporate Name: DEPARTMENT OF ECONOMIC AND SOCIAL AFFAIRS - DESA; UNITED NATIONS DEVELOPMENT PROGRAMME - UNDP
• Subject Topical: DEVELOPING COUNTRIES; ECONOMIC CONDITIONS; FINANCIAL CRISIS; SUSTAINABLE DEVELOPMENT GOALS
• MAMS Id: 3012206
• Parent Id: 3012206
• Alternate Title: unifeed230217d

Description

STORY: UN / SDG STIMULUS
TRT: 02:03
SOURCE: UNIFEED
RESTRICTIONS: NONE
LANGUAGES: ENGLISH / NATS

DATELINE: 17 FEBRUARY 2023, NEW YORK CITY / FILE

Shotlist

FILE - NEW YORK CITY

1. Wide shot, exterior un headquarters

17 FEBRUARY 2023, NEW YORK CITY

2. Wide shot, press room dais
3. SOUNDBITE (English) Achim Steiner, Administrator of the United Nations Development Program (UNDP):
“The SDG stimulus plan that we are proud to present today on behalf the Secretary-General, has been in the making for quite some time. It is taking up a series of threads that have been at the forefront of the international community trying to address these multiple financial economic crises, and essentially proposes to put forward a three-point plan. One, to inject liquidity, secondly to restructure sovereign debt, and thirdly, to lower the cost of long-term lending to developing countries. It calls for a measurable increase in resources available to combat the current crisis of at least 500 billion dollars a year through expanded lending, and potentially over 1.8 trillion, if key stakeholders around the world step up, for instance, with paid in capital at scale.”
4. Wide shot, press room dais
5. SOUNDBITE (English) Achim Steiner, Administrator of the United Nations Development Program (UNDP):
“The world needs to consider an SDG stimulus package to address both the poly-crises that currently are afflicting the world at large, but also with the prospects of economic and debt crisis still very much looming on the horizon for this year, and therefore, a time from the Secretary-General's point of view, to call for an SDG stimulus for all countries to exit from this current period of deep uncertainty and increasingly also stressful economic reality.”
6. Wide shot, press room dais
7. SOUNDBITE (English) Li Junhua, Under-Secretary-General for Economic and Social Affairs:
“Financial divide is translating into a sustainable development divide, and the climate goals and SDGs are further slipping out of reach. That is why the Secretary-General proposed this SDG stimulus package. We need to boost the stimulus package to rescue the SDGs.”
8. Wide shot, press room dais, end of briefing

Storyline

Presenting the Secretary-General’s Sustainable Development Goals (SDGs) stimulus plan today (17 Feb), the Administrator of the United Nations Development Program (UNDP) Achim Steiner said the plan “calls for a measurable increase in resources available to combat the current crisis of at least 500 billion dollars a year through expanded lending, and potentially over 1.8 trillion.”

Steiner said the stimulus plan “has been in the making for quite some time” and takes up “a series of threads that have been at the forefront of the international community trying to address these multiple financial economic crises.”

The three-point plan aims to inject liquidity, restructure sovereign debt, and lower the cost of long-term lending to developing countries.

The UNDP Administrator said, “the world needs to consider an SDG stimulus package to address both the poly-crises that currently are afflicting the world at large, but also with the prospects of economic and debt crisis still very much looming on the horizon for this year, and therefore, a time from the Secretary-General's point of view, to call for an SDG stimulus for all countries to exit from this current period of deep uncertainty and increasingly also stressful economic reality.”

The global economy is facing multiple shocks that are threatening to further reverse progress on the Sustainable Development Goals (SDGs). The COVID-19 pandemic, impacts from the war in Ukraine, high inflation and weak economic growth, tightening monetary and financial conditions, and unsustainable debt burdens – along with the escalating climate emergency – are wreaking havoc on economies across the globe.

Also speaking at the launch of the plan, the Under-Secretary-General for Economic and Social Affairs, Li Junhua, said, “financial divide is translating into a sustainable development divide, and the climate goals and SDGs are further slipping out of reach. That is why the Secretary-General proposed this SDG stimulus package. We need to boost the stimulus package to rescue the SDGs.”

The SDG Stimulus aims to offset challenging market conditions faced by developing countries and accelerate progress towards the SDGs, including through investments in renewable energy, universal social protection, decent job creation, healthcare, quality education, sustainable food systems, urban infrastructure, and the digital
transformation.

The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries - developed and developing - in a global partnership. They recognize that ending poverty and other deprivations must go hand-in-hand with strategies that improve health and education, reduce inequality, and spur economic growth – all while tackling climate change and working to preserve our oceans and forests.