The evaluation of the Financing for Development process from the First International Conference on Financing Sustainable Development indicates that the international financial system is not generating the volume of long-term financing needed to meet the sustainable development goals because of inadequate reforms and cooperation at the international level. The Beirut Consensus on Financing for Development was delivered by Mr. Mounir Tabet, Acting Executive Secretary, United Nations Economic and Social Commission for Western Asia (UNESCWA) at the conclusion of the conference organized by UNESCWA in Beirut on 28-29 November 2018. Read more…

UNHQ, 31 October 2018 — Perceiving this growing crisis for multilateralism, the presidents of the UN Charter bodies hosted a high-level dialogue with Member States: “Reviewing the Commitment to Multilateralism”, convened by the Permanent Missions of Bolivia, Ecuador, and Saint Vincent and the Grenadines, in association with the Center on International Cooperation. The President of the General Assembly (PGA), Ms. María Fernanda Espinosa Garcés emphasized that UN Member States should focus on a synergistic approach to the work of the UN, especially for those issues “which cannot be addressed except through multilateral cooperation”, such as “protracted humanitarian crises, climate change, human trafficking, sustainable development, large scale human rights abuses, and threats to peace and security”.

By Chantal Line Carpentier
Just three years ago our world leaders committed “to working tirelessly” for the full implementation of a “comprehensive, far-reaching and people-centred set of universal and transformative goals and targets” (para 2). The 2030 Agenda for sustainable development, also commonly referred to as the Global Goals, is made up of 17 powerful and, some say, overly ambitious Sustainable Development Goals (SDGs). Taken as a whole, Agenda 2030 envisions a world free of poverty, hunger, inequalities, sickness and war, and the lasting protection of the planet and its natural resources, by 2030. Read more…

By Roberto Bissio
Over the last months multinational corporations have jumped from the ‘economy and business’ pages of world newspapers to the sections on ‘crime and police’: Volkswagen was found guilty of programming its cars to cheat on emission tests enabling it to contaminate while on the streets way beyond the acceptable limits. The sugar industry was exposed as having a long record of fake scientific research aimed at blaming other factors for the health problems that they create. Goldman Sachs helped the Greek government in 2001 to lie about the state of its economy, in order to be admitted into the Eurozone. Between 2012 and 2015 the most powerful banks of the world, including Barclays, Chase Morgan, Citibank, Deutsche Bank, HSBC, Lloyds, Royal Bank of Scotland and others, paid billions of dollars in fines for having manipulated for their own benefit the exchange rates among global currencies and the Libor interest rates that determine the cost of billions of credit operations around the world every day. Read more…

“The world is off-track in terms of achieving sustainable development and fundamental policy changes are necessary to unleash the transformative potential of the SDGs.” This is the main message of the Spotlight Report 2018. At this event, co-organized by UNRISD and FES, some of the key findings and recommendations of this year’s global Spotlight Report will be presented and discussed from various perspectives. Read more…

VNRs and shadow (or spotlight) reporting:
How it is key for meaningful participation and accountability

The national voluntary reporting to the High Level Political Forum of ECOSOC is a practice that has gained traction, as dozens of governments are volunteering each year to participate and contribute their VNRs. A number of CSOs have prepared their own shadow or spotlight reports to follow-up on their governments efforts to implement the 2030-Agenda. Is there a meaningful dialogue between the official and the alternative reports? What is the value of the whole exercise? Read more…

Analyse78-en-v08klAt the United Nations (UN) summit in September 2015, the 2030 Agenda for Sustainable Development with its 17 Sustainable Development Goals (SDGs) was adopted by all UN member states. The Agenda gives a comprehensive framework for a global socio-ecological transformation. Along with governments, various actors have been involved in the development of the SDGs, and are now part of implementation strategies. This is the case for organizations (CSOs) and academia as well as the business sector. As a matter of fact, the 2030 Agenda gives the private sector a significant role. The call for business engagement in the 2030 Agenda has been answered by various corporations and corporate lobby groups. Already during the SDG negotiations, the private sector was intensively engaged through many different channels. Now, with the adoption of the goals, several corporations have pledged their support for the SDGs or evaluated the relevance of the SDGs for their own business activities. The idea of business involvement with the SDG is trending but so far there is little systematic analysis: In which way are businesses engaging with the SDGs? What is the actual impact on sustainability of businesses’ SDG activities? And which strategies are needed in order to better align business activities with the transformative Agenda of the SDGs? Read more…

The world is off-track in terms of achieving sustainable development. Fundamental policy changes are necessary to unleash the transformative potential of the SDGs. In particular, there is a need for more coherent fiscal and regulatory policies and a whole-of-government approach towards sustainability. These are the main messages of the Spotlight Report 2018, the most comprehensive independent assessment of the implementation of the 2030 Agenda. The Spotlight Report 2018 describes policies, resources and actions that are necessary to implement the 2030 Agenda. It highlights strategies and approaches which depart from business-as-usual and prioritize fulfilment of human rights and respect for planetary boundaries. Read more…