Today, the world faces challenges of unprecedented scale. In addition to the ongoing COVID-19 pandemic, which has disrupted life and caused an enormous loss of jobs and livelihoods, the escalating climate emergency and impacts of the conflict in Ukraine are putting negative pressure on food, energy and finance, adding to immediate and long-term risks to our prosperity.
The Global Accelerator on Jobs and Social Protection for Just Transitions, launched in September 2021 by the UN Secretary-General, signals the UN system's collective response for addressing the multiple challenges that threaten to erase development progress. The aim is to direct investments to help create at least 400 million decent jobs, primarily in the green, digital and care economies, and to extend social protection coverage to the over 4 billion people currently excluded. Efforts over the past year have focused on developing an integrated strategy to promote policy coherence on issues related to employment, formalization, social protection, including health and care work, youth and gender, and developing a financing and governance structure of the Global Accelerator.
The High-level event will convene Heads of State and Government, heads of UN agencies, international financial institutions, and other major leaders to exchange on key actions needed to operationalize the Global Accelerator, to share plans, discuss opportunities for engagement and to express commitments of support.