12 Matching Annotations
- Sep 2021
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estatements.unmeetings.org estatements.unmeetings.org
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Yet we are told time and time again, that our categorisation as middle and high-income countries render us ineligible to access concessionary finance and development support. It is as if the international system, almost by design, perpetuates the conditions that stifle our hard-earned albeit fragile progress
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Our acute susceptibility to climate change stems from our inherently complex structural vulnerabilities as Small Island Developing States that trap us in a mire of compounding risks; sentencing us to a cyclical struggle of recovery, rebuilding and redevelopment.
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www.diplomacy.edu www.diplomacy.edu
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Finance against slavery and trafficking, one of Liechtenstein’skey SDGprojects,places a strong emphasis on the social and corporate governance dimensionFASTis a public-private partnership.Embedded in the UNsystem places financial institutions as the heart of the fight against modern slavery and human trafficking in the areas of compliance, responsible investment, and financial innovation.
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estatements.unmeetings.org estatements.unmeetings.org
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Belize, like other SIDS, is on the frontline of a climate crisis for which we are not responsible. Belize incurs annual losses of close to 4 percent of GDP due to natural disasters. Therefore, we felt an obligation to put forward an ambitious revised Nationally Determined Contribution.
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The Common Framework and Debt Service Suspension Initiative failed to offer forbearance to most middle-income SIDS, including Belize, who were ineligible despite our debt unsustainability. At the same time, most of our countries had no recourse to concessionary financing to fund the immediate health response.
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estatements.unmeetings.org estatements.unmeetings.org
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In their effortstocombat these changes,SIDShave been unableto access climate finance at the pace and scale necessary.
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we will require adequate fiscal space and funding to achieve the SDGsand to be ableto respond and recover from the health, social and economic implications of the pandemic,in light of high debt-servicing requirements
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estatements.unmeetings.org estatements.unmeetings.org
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Denmark will respond to the call of the Secretary-General. And massively scale up Danish grant-based climate finance to at least 500 million USD a year by 2023. And we are dedicating 60 percent to adaptation in poor and vulnerable countries. In addition, we are strengthening our efforts to mobilize public and private finance from other sources.
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estatements.unmeetings.org estatements.unmeetings.org
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wo, adequate financing must be made available to developing countries. This can be ensured through comprehensive debt restructuring; expanded ODA; redistribution of unutilized SDRs, and allotment of a greater proportion of SDRs to developing countries; and finally,provision of climate finance
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estatements.unmeetings.org estatements.unmeetings.org
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Lesotho remains steadfast in calling on the international community to increase funding for sound health services, increased investment in physical infrastructure, scientific and technological development, research and agricultural extension services in least developed countries.
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Lesotho intends to unconditionally lower her net greenhouse gas emissions by 10% by 2030 and to further push for an additional 25% greenhouse gas emission reduction, provided that external support including capacity building is made available to us to cover the full cost of implementing the adaptation and mitigation actions.
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estatements.unmeetings.org estatements.unmeetings.org
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Check Against Delivery 3In this respect, the G20 Debt Standstill Initiative is a welcome response to the fiscal and liquidity challenges faced byleast developed economies. Theagreement on the allocation of $650 billion in Special Drawing Rights is significant, but it is insufficient to meet the extent of the need.South Africathereforereiterates its call for 25% of the total allocation, amounting to around$162 billion, to be made available to the African continent.
Investment to help developing countries achieve SDGs is significant, but there needs to be dedicated help for African countries
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