Nearly 20 leading global banks and investors, totalling $6.6 trillion in assets, have launched a UN-backed global framework aimed at channelling the money they manage towards clean, low carbon and inclusive projects.
The Secretary-General said he was particularly interested in the “alignment of the core business of the private sector with the strategic goals of the international community.”
Further deepening Asian transport connectivity requires that we ensure that regional connectivity is seamless.
"This global initiative can support the identification and piloting of innovative finance instruments that can drive investment and support well thought-out SDG interventions," Ban Ki-moon said.
“Solutions will involve everything from regulation to disruptive innovation – and everyone from world leaders and chief executives, to educators, activists and citizens,” Mr. Ban said.
Speaking at the opening of the UN Climate Change Conference in Bonn (16 to 26 May), the UN’s top climate change official Christiana Figueres said that following the successful conclusion of the historic Paris Climate Change Agreement in Paris last year, governments are leaving behind the phase of negotiations and entering a new era of collaboration.
Economic activity in the world economy remains lacklustre, with little prospect for a turnaround in 2016, says the United Nations World Economic Situation and Prospects as of mid-2016 report, launched today.
Opening the inaugural session of the Forum on Financing for Development Follow-up, Mr. Ban said that the Addis Ababa Action Agenda, together with the 2030 Agenda for Sustainable Development and the Paris Agreement on climate change, are “triumphs of multilateralism.”
The 3-day Forum aims to track progress and identify gaps and challenges to the means of implementation of the Sustainable Development Goals (SDGs), monitor the financing for development outcomes and promote the sharing of lessons from experiences at the national and regional levels.
Highlighting that people around the world are living at an age of “mega-crises,” Ban Ki-moon welcomed the launch of a new report on finding solutions to the growing gap between the increasing numbers of people in need of assistance and sufficient resources to provide relief.