financing for development

‘Inequality virus’ threatens ‘catastrophe for all’ unless crisis can be overcome together

The COVID-19 pandemic is leading to “an even more unequal world”, the Deputy UN chief said on Thursday, speaking at the closing session of the Financing for Development (FfD) Forum, with many lower-income countries now seeing development gains reversed.  

Guterres urges ‘decisive action’ to stave off debt crisis in developing world

Though significant steps have been taken to prevent debt crises across the world sparked by the COVID-19 crisis, they have not been sufficient to restore economic stability in many developing countries, according to a policy brief issued by the UN Secretary-General on Monday. 

Pandemic threatens lost decade for development, UN report reveals

The COVID-19 pandemic has reversed development gains for millions in poor countries, creating an even more sharply unequal world, according to a new UN report released on Thursday.  

COVID disruption will ‘pale in comparison’ if world fails to act on climate change, SDGs

The fifth anniversary of the Paris Agreement and the adoption of the Sustainable Development Goals (SDGs) “go hand in hand”, the UN chief told a major development bank conference on Thursday.

Protect the world from sliding into global recession, urges UN chief

The economic and social consequences of the COVID-19 pandemic “are as bad as we feared”, the UN Secretary-General said, as he warned that the international community must act now if it is stave off a global recession, which could wipe out decades of development gains. 

Governments urged to protect poor against modern slavery, step up development financing

Unless governments act now, millions of the world’s most vulnerable people could be pushed into contemporary forms of slavery and other exploitation due to the COVID-19 pandemic, a UN independent human rights expert has said. 

 

COVID-19: ‘Unparalleled economic shock’ threatens development hopes and gains

As the diverse and severe impacts of the COVID-19 pandemic continue to be felt across the world, an “unparalleled economic shock” is putting development gains at risk, the UN chief told a meeting of high-powered business leaders on Wednesday.

COVID-19: Act now or risk ‘unimaginable devastation’ globally, warns UN chief

Unless countries across the world act together now, the COVID-19 pandemic will cause “unimaginable devastation and suffering around the world”, UN Secretary-General António Guterres said on Thursday at a virtual high-level meeting on financing for development.

New UN finance panel to push Global Goals forward

The President of the UN General Assembly on Tuesday encouraged Member States to support a new panel that has been set up to help make the Sustainable Development Goals (SDGs) a reality, by 2030.  

UN chief sets out roadmap to ‘raise ambition’, fund sustainable development

In his opening remarks to the High-Level Dialogue on Financing for Development, held at UN headquarters in New York on Thursday, UN chief António Guterres outlined his roadmap for financing the 2030 Agenda for Sustainable Development, the UN’s blueprint for the transition to a healthier planet and a fairer world.