{"id":19868,"date":"2022-04-19T11:15:04","date_gmt":"2022-04-19T11:15:04","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=19868"},"modified":"2022-04-19T11:15:04","modified_gmt":"2022-04-19T11:15:04","slug":"there-is-hope-of-achieving-sdgs-un-deputy-chief-nigerias-amina-mohammed-says","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/19\/there-is-hope-of-achieving-sdgs-un-deputy-chief-nigerias-amina-mohammed-says\/","title":{"rendered":"There is hope of achieving SDGs, UN deputy chief, Nigeria\u2019s Amina Mohammed, says"},"content":{"rendered":"
\n

\u00a0UN Deputy Secretary-General, Nigeria\u2019s \u00a0Amina Mohammed, has expressed optimism that there is still hope for developing countries to achieve the Sustainable Development Goals (SDGs) by 2030.<\/span><\/h1>\n<\/header>\n
\n

The SDGs are a collection of 17 interlinked global goals designed to be a blueprint to achieve a better and more sustainable future<\/a> for all.<\/p>\n

The UN General Assembly set the goals in 2015 with a target date of attainment fixed at 2030.<\/p>\n

Fielding questions on the possibility of achieving the SDGs, Mohammed stressed to our correspondent in New York on Tuesday, the goals were achievable.<\/p>\n

She said with sustained investments and political will, developing countries could achieve the SDGs in spite of high debt profiles, mass illiteracy, poor health infrastructure, COVID-19<\/a> and poor performance in child rights.<\/p>\n

The deputy secretary had earlier briefed newsmen on the \u201c2022\u202fFinancing for Sustainable Development Report: Bridging the Finance Divide\u2019\u2019 lunched by the UN on April 12.<\/p>\n

The report was produced by the UN Department of Economic and Social Affairs in collaboration with more than 60 international agencies, including the UN System, and international financial institutions.<\/p>\n

The report came at a critical moment for humanity, adding to the compounding crises of climate change, assaults on our natural systems, and the protracted COVID-19 pandemic.<\/p>\n

It also came at a time the world was experiencing the fallout of the war in Ukraine which had been rapidly impacting food, energy, and finance across the globe.<\/p>\n

The deputy secretary-general also noted that the report estimates that in the poorest countries a 20 per cent increase in spending will be required for key sectors.<\/p>\n

Mohammed acknowledged that multiplicity of crises had put developing countries at a disadvantage in making progress in achieving the SDGs when compared with strides made by developed countries.<\/p>\n

\u201cThere is still hope of achieving the goals.<\/p>\n

\u201cEvery day, we work on different scenarios and opportunities for investments and to ride on the back of climate actions and energy transition.<\/p>\n

\u201cWe are looking at the involvement of the private sector and we have seen good signs at COP 26, where unmanaged fund was committed to sustainable investment planning,\u2019\u2019 she said.<\/p>\n

COP26 was the 26th UN<\/a> Climate Change conference held in Glasgow, Scotland, from Oct. 31 to Nov. 13 202.<\/p>\n

It brought parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.<\/p>\n

\u201cWe have looked at commitments made at COP26 and there were lots of commitments.<\/p>\n

\u201cSo, we are pushing; we are targeting G20 and Spring Meetings. We are targeting those meetings to help to mobilise resources and to create the enabling environment<\/a>,\u2019\u2019 Mohammed said.<\/p>\n

According to her, attention is on multilateralism to get different ways to get financing to achieve the goals.<\/p>\n

The deputy secretary-general, however, expressed dissatisfaction at the level of institutional and corporate support for the SDGs in developing countries.<\/p>\n

\u201cWe are not satisfied with what we have seen so far.<\/p>\n

\u201cWe didn\u2019t see that commitment in COVID-19 response,\u2019\u2019 she lamented.<\/p>\n

Mohammed urged leaders in developing countries to deliver on their commitments in achieving the SDGs.<\/p>\n

Earlier, Mohammed said without immediate policy action, the window for delivering the SDGs by 2030 would close.<\/p>\n

She noted that the majority of developing countries would need active and urgent support to get back on track to achieve the SDGs.<\/p>\n

She said an estimated 77 million more people were still living in extreme poverty globally, a worse situation when compared with the pre-COVID-19 era.<\/p>\n

According to her, UN analysis indicates that 1.7 billion people are facing exposure to spiking food prices, energy and fertiliser costs as a result of the on-going war in Ukraine.<\/p>\n

The UN deputy chief assured that the recommendations from the reports pointed on the way forward to revert the threat posed by the COVID-19 and other challenges.<\/p>\n

\u201cFirst, the international community must urgently address financing gaps and rising debt risks and it would be a tragedy if developing countries continue to default at the expense of investments in social services and climate resilience,\u2019\u2019 she noted.<\/p>\n

Mohammed also said that policy makers must ensure that financing is aligned with the SDGs and climate actions.<\/p>\n

\u201cThis includes public budgets, tax systems, regulatory frameworks, and corporate reporting requirements.<\/p>\n

\u201cClimate-related risks should also be integrated into debt contracts and financial frameworks,\u2019\u2019 she stressed.<\/p>\n

She also said developing countries should improve on information ecosystems, as it would help policymakers to improve on planning; to manage risks better and to combat illicit financial flows.<\/p>\n

\u201cIt will also help markets to better evaluate sovereign risks, including the impact of credit ratings.<\/p>\n

\u201cAcross the board, we must also take steps to improve our global financial system to ensure that it reduces inequality while increasing resilience.<\/p>\n

\u201cAs things stand now, those member states that have the power of the global financial system appear to be moving in the opposite direction,\u2019\u2019 the top UN official said.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

\u00a0UN Deputy Secretary-General, Nigeria\u2019s \u00a0Amina Mohammed, has expressed optimism that there is still hope for developing countries to achieve the Sustainable Development Goals (SDGs) by 2030. The SDGs are a collection of 17 interlinked global goals designed to be a blueprint to achieve a better and more sustainable future for all. The UN General Assembly […]<\/p>\n","protected":false},"author":32,"featured_media":19896,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[7],"tags":[1127,399,3533],"class_list":["post-19868","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-abia-state-government","tag-climate-change","tag-un"],"yoast_head":"\nThere is hope of achieving SDGs, UN deputy chief, Nigeria\u2019s Amina Mohammed, says » BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/04\/19\/there-is-hope-of-achieving-sdgs-un-deputy-chief-nigerias-amina-mohammed-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"There is hope of achieving SDGs, UN deputy chief, Nigeria\u2019s Amina Mohammed, says\" \/>\n<meta property=\"og:description\" content=\"\u00a0UN Deputy Secretary-General, Nigeria\u2019s \u00a0Amina Mohammed, has expressed optimism that there is still hope for developing countries to achieve the Sustainable Development Goals (SDGs) by 2030. 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