Tuesday, 6 July 2021

7:30 AM - 9:00 AM

Virtual (NY Time)

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Side Event

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This event will explore synergies between SDGs centering around “carbon neutrality” in the Decade of Action. It aims to deepen understanding of both the policies needed to achieve carbon neutrality by 2050, and the transformations required in our economic and social systems. The event will look at possible trade-offs and discuss how to resolve the challenges that such critical changes will entail, with a particular emphasis on a green recovery process and attendant equity implications.

Through panel presentations and discussion, it will consider issues such as stranded assets and implications for fossil-fuel rich economies in the developing world. It will explore the broader social dimensions of decarbonisation, identifying common issues as well as locally contextualised problems. The event will focus on the indispensable role of regional and multilateral cooperation in achieving decarbonisation, and the unique opportunity that COVID-19 presents for reimagining a common and shared future. It will also focus on the role of the private sector as a key strategic partner in the transition to a greener trajectory, through translating policies into sustainable practices, mobilising green investments, and drawing on innovative approaches for low-carbon, resilient development.

Target SDGs will include: SDG 1 (no poverty), SDG 4 (quality education), SDG 5 (gender equality), SDG 7 (affordable & clean energy), SDG 8 (decent work & economic growth), SDG 9 (industry, innovation & infrastructure), SDG 10 (reduced inequality), SDG13 (climate action), and SDG17 (partnerships).

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