UN conference in Seville: a new hope for achieving sustainable development goals

The decisions made at conferences denote specific steps to reduce the financing deficit of the CUR, which in developing countries is about $ 4 trillion per year. UN conference in Seville: a new hope for achieving sustainable development goals Economic development ~ 60 > fourth international development financing conference ended today in Seville, Spain, with specific steps to transform ambition into real actions. More than 130 initiatives launched in four days are designed to turn the Seville Agreement adopted by the participating countries into an effective platform to overcome the financial crisis and accelerate the achievement of sustainable development goals (CUR). ~ 60 > decisions adopted at the conference denote specific steps to reduce the financing deficiency of the CUR, which in developing countries is about 4 trillion dollars per year. ~ 60 >~ 60 > in the forum, more than 15 thousand people took part in the forum, including almost 60 chapters of state and governments. More than 470 parallel and special events were carried out, including the international business forum and the investment fair in the CUR. decisive answer to the crisis ~ 60 > 62 > 62 > 62 > 62 > 62 > 62 > 62“The consequences of growing debt obligations, aggravated trade disagreements and a sharp reduction in official assistance for the development of steel were extremely obvious this week,” said the First Deputy Secretary of the UN Secretary General of Amin Mohammed. & Amp; nbsp; -And yet, despite this anxious picture, the conference in Seville gave a decisive answer-a unifying final document, concentrated on specific decisions, which confirms the obligations adopted in Addis Ababa ten years ago, revives the achievement of CUR and proves that multilateral cooperation is still important and still important and it is important Effectively 60 > read also: ~ 60 > interview | Seville Agreement: without development, there can be no security According to the General Secretary of the Conference and the Deputy Secretary General of the UN for economic and social issues Lee Zyunhua, the conference in Seville demonstrated the UN ability not only to serve as a dialogue, but also become a platform for real solutions. Seville agreement since 2015 has become the first since 2015 intergovernmental agreement on development financing. It denotes three key directions of further actions: a large -scale attraction of investments in sustainable development, the solution of a debt and financial crisis in countries with a low and average income level, as well as a deep reform of the international financial system. ~ 60 > innovative mechanisms financing Within the framework of the Seville platform of actions, numerous initiatives were presented, covering a wide range of tasks. Among them are new mechanisms for the exchange of debt obligations for investment in development, tax initiatives aimed at increasing revenues from super -rich and premium forms of consumption, platforms for technical assistance and assistance in the preparation of projects, as well as measures to expand lending in national currencies. in particular, was An international coalition was established to include “paragraphs of the suspension” in credit agreements that allow temporarily suspended debt service during crises. It was also announced the formation of the Seville forum on debt issues, which will coordinate the efforts of the countries in the management and restructuring of the debt. 62 > 62 ~To stimulate the influx of investment in sustainable development, several new solutions were represented. Particular attention was paid to the development of national financing platforms built on the basis of strategies formed by the countries themselves, as well as mechanisms to expand access to preventive financing in case of emergency situations. ~ 60 > Private contribution of private sectors ~ 60 > for the first time on the fields of the conference, an international business forum was held, within the framework of which the private sector expressed their readiness to actively participate in the achievement of the CUR. Its participants presented practical decisions to attract capital to the implementation of goals, especially in developing countries, through political dialogs, sessions on innovation and best practices, as well as thematic round tables. ~ 60 >~ 60 > During the Fair in the CUR, the developing countries were presented to investors and international financial organizations for a total of more than 10 billion dollars. key results ~ 60 > 62 > 62 > 62 > 62 > 62 ~Against the background of growing global challenges, the conference in Seville has become an important signal: the international community is still able to find a common language and take collective steps for the sake of a stable future for everyone. Among the key initiatives: ~ 60 > to solve debt problems ~ 60 > center of exchange center for development for development (Debt Swaps for Development Hub), with the support of Spain and the World Bank, to strengthen the potential and scale of debt exchange programs; 60 > program for the development of 230 million euros aimed at investing in projects in African countries; Alliance on the introduction of “Payments of Payments” (DEBT “Pace Clause” Alliance), within the framework of which donors and multilateral development banks (Canada, France, Spain, Great Britain, the Mezhamerikan Bank of the European Investment Bank, the African Development Bank, the Asian Bank for the Development of Latin America and the Caribbean basin) We agreed to include the provisions on the suspension of payments in case of a crisis; ~ 60 > debt forum – a platform for the exchange of experience and coordination of the efforts of countries in managing and restructuring of debt, with the Secretariat of one of the UN structures and with support Spania. to stimulate investment with social effect ~ 60 >~ 60 > coalition for global solidarity taxes, led by France, Kenia and Barbados (with the support of Benin, Somalia, Zambia and Spain), came the initiative with the initiative. High taxes on business class flights and private aircraft to finance climatic initiatives and sustainable development; SCALED mixed financing platform, with the participation of countries (Germany, Canada, France, Great Britain, Denmark, South Africa) and financial institutions (Allianz, Axa Sa, CDPQ, Zurich Insurance Group), for scaling and replicating effective models of mixed Financing; 60 > new FX Edge tools from multilateral currency risk management banks, as well as DELTA platform from the European Bank for Reconstruction and Development to support lending to local currency; ~ 60 > initiative for effective taxation of wealthy persons, led by Brazil and Spain, to ensure fair taxation; 60 > center of development from state development (headed by finance In Common and IDFC), as well as the combined MBR platform for preparation of projects, coordinated by the Asian infrastructure investment bank. 60 > 60 > 62 ~ for financial reform for reforming financial reform Architectures at the national and global levels ~ 60 > new generation of national financing management, with the support of countries (including South Africa and Egypt), the integrated national financial strategies and the fund development banks; 60 > coalition under the leadership of the UK and the Bridgetown Initiative project to increase the share of pre -prepared financing in case of natural disasters from 2 to 20 percent by 2035 year.

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