Social Watch
Global Policy Forum
The 2030 Agenda requires mobilization of resources, some of which are considered hidden due to lack of policies. The United Nations Conference on Trade and Development (UNCTAD) World Investment Report 2014 estimated that: US$5–7 trillion a year is needed to finance the Sustainable Development Goals (SDGs), the action plan of the 2030 Agenda. The Intergovernmental Committee of Experts on Sustainable Development Financing (ICESDF) calculated US$80–90 trillion in untapped assets for investment and offered blended financing as a major vehicle for ‘crowding in’ corporate funds. Deputy Secretary-General Amina Mohamed said in her first address as DS-G in New York: “Bringing partnerships and agencies together in a coherent and more coordinated manner will further leverage resources and different partnerships in a mobile [development] agenda, this is becoming more complex but it is bringing in more returns.” Is this sustainable development or business development?
The final unedited version of the Secretary-General’s report on the repositioning of the UN development system, as a follow-up to General Assembly resolution 71/243 on the Quadrennial Comprehensive Policy Review of United Nations operational activities for development (QCPR), offers the Secretary-General’s vision on the repositioning of the UN development system to effectively support the 2030 Agenda for Sustainable Development, and responds to the mandates contained in GA/RES/71/243 due by June 2017. The report is the product of extensive consultations with Member States, the UN development system and other stakeholders, and has benefited from in-depth analysis of relevant studies and data on the system’s present functions and capacities to support the 2030 Agenda. Per operative paragraph 45, the Joint Inspection Unit was consulted on options for improving the accountability and overall coordination of the entities of the United Nations development system and their oversight by Member States found at https://www.un.org/ecosoc/sites/www.un.org.ecosoc/files/files/en/qcpr/sg-report-jiu-contribution.pdf. The Secretary-General’s report and all relevant documents are also available on the QCPR website at https://www.un.org/ecosoc/en/node/1213351. A consultants report was supplementally released found at https://www.un.org/ecosoc/sites/www.un.org.ecosoc/files/files/en/qcpr/sg-report-dalberg_unds-outline-of-functions-and-capacities-june-2017.pdf.
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