Goal 11: Sustainable Cities and Communities

Governments, households, and firms across Europe are grappling with the energy and cost-of-living crisis. The recent decline in natural gas prices has, however, fuelled hopes that massive gas shortages, rationing, and industrial shutdowns can be avoided.

Amid health, climate, food security and geopolitical crises, strengthened and effective multilateral cooperation will remain critical to stimulate growth, support the most vulnerable and put the world economy on track towards sustainable development.

Policies that aim at facilitating the uptake of the lithium-ion battery without compromising environmental impacts should create incentives at various stages of the battery value chain, including the closed-loop recycling system.

The pandemic has exposed systemic vulnerabilities of the world economy. A robust and resilient recovery will require strengthening public finances and improving debt sustainability, combating inequality and expanding social protection, and promoting climate action and environmental sustainability.

while a deeper crisis has been averted in the immediate term, central banks are facing an increasingly challenging operating environment, characterized by structurally weaker economies, greater uncertainty, and more fragile financial systems. This new post-crisis reality may force a rethink of the role of central banks and monetary policy.

The COVID-19 pandemic has created a perfect storm for public finances in developing countries by undermining economic activity and affecting both the revenue and expenditure sides of the budget.

As energy demand is rising globally, it is imperative to transition to clean energy; the status of natural gas as a “transition fuel” is waning; the automotive sector in Europe is undergoing dramatic changes

The EGM brought together selected CDP Members, experts from various parts of the UN system, UN Member States including LDCs representatives, and think tanks to discuss challenges related to access to finance for graduating LDCs.

The severity of plastic pollution is now well-recognized, and countries and communities are looking for innovative solutions for addressing this menace of the modern age.