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Financing for Development

The COVID-19 pandemic is leading to an even more sharply unequal world as the development gains for millions in poor countries are reversed, according to a new report released by the United Nations today.

The Financing for Sustainable Development Report 2021 says the global economy has experienced the worst recession in 90 years, with the most vulnerable segments of societies disproportionately affected. An estimated 114 million jobs have been lost, and about 120 million people have been plunged back into extreme poverty.

Only immediate action can prevent a lost decade for development for many countries.

“What this pandemic has proven beyond all doubt is that we…

Statistics, Sustainable Development

The 15-year global effort to improve the lives of people everywhere through the achievement of the 17 Sustainable Development Goals (SDGs) by 2030 was already off track by the end of 2019. And in only a short period of time, the COVID-19 pandemic has unleashed an unprecedented crisis, causing further disruption to SDG progress, with the world’s poorest and most vulnerable affected the most.

According to the Sustainable Development Goals Report 2020, released by the UN Department of Economic and Social Affairs, the world had been making progress—although uneven and insufficient to meet the Goals — in areas such as improving maternal and child health, expanding access to…

Financing for Development

Governments must take immediate steps to prevent a potentially devastating debt crisis and address the economic and financial havoc wrought by the COVID-19 pandemic – says a new report from the United Nations-led Inter-Agency Task Force on Financing for Development.

The UN System’s 2020 Financing for Sustainable Development Report outlines measures to address the impact of the unfolding global recession and financial turmoil, especially in the world’s poorest countries. Its recommendations are based on joint research and analysis from the UN System, the International Monetary Fund, World Bank Group, and more than 60 UN agencies and international institutions.

Even before…

Sustainable Development

Achieving human well-being and eradicating poverty for all of the Earth’s people—expected to number eight and a half billion by 2030—is still possible, but only if there is a fundamental—and urgent—change in the relationship between people and nature, and a significant reduction in social and gender inequalities between and inside countries, according to a new United Nations report by an independent group of scientists to be launched at the 2019 SDG Summit, but made available today.

The Report, requested by all countries to evaluate progress on the 2030 Sustainable Development Agenda, is the first of its kind since the landmark Sustainable Development Goals (SDGs) were adopted…

Statistics, Sustainable Development

The impacts of climate change and increasing inequality across and within countries are undermining progress on the sustainable development agenda, threatening to reverse many of the gains made over the last decades that have improved people’s lives, warns the  2019 report on the Sustainable Development Goals.

Launched during the UN High-level Political Forum on Sustainable Development, a critical annual stocktaking event, the report, based on the latest available data, remains the cornerstone for measuring progress and identifying gaps in the implementation of all 17 Sustainable Development Goals.

Four years since the adoption of the Sustainable Development Goals --…

Financing for Development

The United Nations Manual for the Negotiation of Bilateral Tax Treaties between Developed and Developing Countries (2019) is a compact training tool for beginners with limited experience in tax treaty negotiation. It seeks to provide practical guidance to tax treaty negotiators in developing countries, in particular those who negotiate based on the United Nations Model Double Taxation Convention between Developed and Developing Countries. It deals with all the basic aspects of tax treaty negotiation and it is focused on the realities and stages of capacity development of developing countries.

While every country should form its own policy considerations and define…

Financing for Development

The 2019 Financing for Sustainable Development Report (FSDR) of the Inter-agency Task Force on Financing for Development warns that mobilizing sufficient financing remains a major challenge in implementing the 2030 Agenda for Sustainable Development. Despite signs of progress, investments that are critical to achieving the Sustainable Development Goals (SDGs) remain underfunded and parts of the multilateral system are under strain.

The FSDR recommends that the international community should use this opportunity to reshape both national and international financial systems in line with sustainable development. If we fail to do so, we will fail to deliver the 2030…

Statistics, Sustainable Development

A fast-changing climate, conflict, inequality, persistent pockets of poverty and hunger and rapid urbanization are challenging countries’ efforts to achieve the Sustainable Development Goals (SDGs), according to the UN’s latest SDG progress report.

The Sustainable Development Goals Report 2018 found that conflict and climate change were major contributing factors leading to growing numbers of people facing hunger and forced displacement, as well as curtailing progress towards universal access to basic water and sanitation services.

For the first time in more than a decade, there were approximately 38 million more hungry people in the world, rising from 777 million in…

Financing for Development

The 2018 report of the Inter-agency Task Force on Financing for Development finds that most types of development financing flows increased in 2017, and that there has been progress across all the action areas of the Addis Ababa Action Agenda. This progress was underpinned by an upturn in the world economy, but at the same time the report warns that risks could derail development progress and structural impediments continue to undermine sustainable development prospects.

The 2018 report provides policy options which, if implemented, would put the world on a sustained and sustainable growth and development path. It also examines the financing challenges to the SDGs under…

Statistics, Sustainable Development

If the world is to eradicate poverty, address climate change and build peaceful, inclusive societies for all by 2030, key stakeholders, including governments, must drive implementation of the Sustainable Development Goals (SDGs) at a faster rate, according to the The Sustainable Development Goals Report 2017, launched by UN Secretary-General Antonio Guterres.

Using the most recent data available, the annual Sustainable Development Goals Report provides an overview of the world’s implementation efforts to date, highlighting areas of progress and areas where more action needs to be taken to ensure no one is left behind. The Sustainable Development Goals Report 2017report found that…

Financing for Development

Continued slow global economic growth is likely to leave about 6.5 per cent of the world population extremely poor in 2030 without national actions supported by international cooperation, according to a new report issued by the United Nations today.

A continuation of the status quo would severely hamper efforts to achieve the Sustainable Development Goals by 2030. The Goals call for eliminating poverty by 2030.

According to the 2017 “Financing for Development: Progress and Prospects” report, under current trends, least developed countries (LDCs) are likely to fall short by large margins.

Projections indicating that global gross product will grow at less than 3…

Statistics, Sustainable Development

Launching the first-ever Sustainable Development Goals report on the new global development agenda adopted in 2015, Secretary-General Ban Ki-moon said that the 15-year undertaking was “off to a good start” but would require all parts of the UN family and its partners to work together.

“We have embarked on a monumental and historic journey,” the Secretary-General told the UN High-level Political Forum on Sustainable Development (HLPF), which opened on 11 July and ended on 20 July 2016, at the UN Headquarters in New York.

“We must all learn, in national governments, in local authorities, in business and civil society, and also at the United Nations, to think differently,” he…