March 28, 2024 19:58 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Delhi High Court rejects PIL seeking removal of Arvind Kejriwal as CM | MHA extends AFSPA in 3 districts of Arunachal Pradesh for 6 months | Encourage fair, transparent and legal process: US comments again on Kejriwal's arrest | India and China discuss border disengagement: EAM | Indian External Affairs Minister S Jaishankar discusses defence, trade while interacting with Malaysian leaders
‘Done right,’ expanded partnerships can deliver more sustainable results – deputy UN chief
UN Photo/Mark Garten

‘Done right,’ expanded partnerships can deliver more sustainable results – deputy UN chief

India Blooms News Service | @indiablooms | 22 May 2018, 09:16 am

New York, May 22 (IBNS): Cooperation over development is critical in delivering the ambitious 2030 Agenda for Sustainable Development, the UN deputy chief said on Monday, calling for strengthened “multi-stakeholder” partnerships, and better policy coordination.

Speaking at the Development Cooperation Forum – a high-level meeting seeking greater policy coherence – Deputy Secretary-General Amina J. Mohammed said that “done right,” such partnerships can deliver better and more sustainable results.

“They can take inclusiveness to a new level,” she said.

In her remarks, the Deputy Secretary-General also underlined the importance of leveraging the investment, innovation, and technological know-how of the private sector.

“Three years into the [2030 Agenda], diverse efforts offer much for us to learn, particularly on how to do this best in different contexts,” said Mohammed, highlighting also the potential of so-called blended financing.

In doing so, she called for public-private partnerships and investment agreements to be accompanied by solid legal and regulatory frameworks, as well as transparent accounting, and adequate risk-management measures.

Speaking alongside Mohammed, Marie Chatardova, the President of the Economic and Social Council, called on all actors engaged in the field of development to encourage candid discussion over strengthening partnerships.

“Let us not be shy to challenge each other’s ideas. I am convinced that an open discussion will lead to a richer set of ideas and policy recommendations,” she said.

She also called on the participants to explore how different actors can learn from each other to achieve lasting results in the “ever-changing” development landscape.

Also at the opening, Liu Zhenmin, Under-Secretary-General for Economic and Social Affairs, outlined the findings of a new report on trends and progress made in the field of international development cooperation.

Some of the key highlights, he said, included the need for development cooperation to become more “risk informed” as well as strengthening the link between development cooperation and climate action.

He also said that official development assistance (ODA), while limited within the means of implementation overall, remained a distinct and vital source of development finance.

“The [Development Cooperation Forum] should discuss specific steps to ensure that ODA commitments are met, to bring more assistance to least-developed countries and countries in special situations, and to strengthen effective allocation and use of ODA,” he said.

 

 

 

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.