Investing in the SDGs
Monday, 12 July 2021
9:00 AM - 11:30 AM
Virtually (held New York Time)
Lack of fiscal space and the risk of sovereign debt distress have come into sharp focus as key stumbling blocks to achieving the 2030 Agenda as countries seek to invest in recovery, climate action and the SDGs while maintaining sustainable debt levels. The dedicated session on financing will be geared to advance the dialogue on how to achieve these policy objectives against the backdrop of the COVID-19 recovery and global efforts to get back on track in achieving the SDGs.
The session will explore concrete policy recommendations that can catalyse investments into the SDGs within the context of pressing debt sustainability challenges faced by developing countries across the globe.
Proposed guiding questions:
- What innovative financing and debt instruments can unlock investment in the SDGs in the context of limited fiscal space, including in countries with special situations?
- What steps in addition to the G20 Debt Service Suspension Initiative and Common Framework are needed to improve debt sustainability and free up resources for investments in the SDGs?
- What measures can strengthen global debt sustainability in the long term, including changes to the international debt architecture?
- What role can the private sector play to channel investments towards the investment in the SDGs and contribute to closing the financing gap in developing countries?
- H.E. Mr. Sergiy Kyslytsya (Ukraine), Vice President of ECOSOC
Interactive panel discussion
- Mr. Homi Kharas, Senior Fellow and Deputy Director for the Global Economy and Development program, Brookings Institution
- Ms. Alicia Barcena, Executive Secretary of ECLAC
- Ms. Joyce Chang, Managing Director and Chair, Global Research, JP Morgan
- Ms. Anna Gelpern, Professor at Georgetown University and a non-resident senior fellow at the Peter G. Peterson Institute for International Economics.
- Ms. Nina Angelovska, global UNCTAD advocate for Women in eTrade and former Minister of Finance of North Macedonia
- Mr. Jason Rosario Braganza, Executive Director at The African Forum and Network on Debt and Development (AFRODAD) (Civil Society Financing for Development Group)
- H.E. Ms. Jutta Urpilainen, European Commissioner for International Partnerships
- H.E. Ms. Rania Al-Mashat, Minister for International Cooperation, Egypt
- H.E. Mr. Naadir Hassan, Minister for Finance, Economic Planning and Trade, Seychelles