$500 billion per year from 2024? Seven SDG focus areas


During the closing segment, UN Secretary-General António Guterres called upon leaders to make the most of the discussions held at the Summit by focusing on seven key areas:

  • mobilizing at least USD 500 billion for sustainable development per year, ideally with the help of a leaders’ group to outline concrete steps to get funding flowing in 2024;
  • shifting the focus of Voluntary National Reviews towards accountability of commitments made at the Summit;
  • strengthening support for food security, energy, digitalization, education, social protection and decent jobs, and biodiversity;
  • bringing to life the Global Accelerator on Jobs and Social Protection;
  • fulfilling the goal of 0.7% of gross national income (GNI) for official development assistance (ODA) in 2024;
  • using the next IMF meeting to accelerate progress, including through recapitalization, rechanneling of SDRs, restructuring debt on longer and more affordable terms, and developing concrete proposals for a reform of the global finance architecture in time for the Summit of the Future in 2024; and
  • arriving at the United Nations Framework Convention on Climate Change’s (UNFCCC) 28th meeting of the Conference of the Parties (COP 28) with concrete plans to support developing countries in achieving a just transition to renewable energy and to operationalize the loss and damage fund.

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