High-level Event on financing for development and Covid-19, convened by Prime Ministers of Canada and Jamaica, Secretary-General


High-Level Event on Financing for Development in the Era of COVID-19 and Beyond

28 May 2020 (8 a.m - 12 p.m. EST), New York

The COVID-19 pandemic and the social and economic crisis it triggered, will derail our chances to achieve the 2030 Agenda for Sustainable Development – unless we provide a commensurate global response reaching at least 10 percent of global GDP, respond rapidly, provide support to all countries in need, and build back better for more resilient economies and inclusive societies.

In an ideal world, all countries would be able to support their citizens with commensurate strength. In our present situation though, most developing countries do not have sufficient domestic resources and fiscal space to fund adequate COVID-19 response and recovery measures. This makes international cooperation and external finance crucial to heal and prosper together, leaving behind only the scourge of the virus and not lives and livelihoods.

Canada, Jamaica and the Secretary-General are convening a High-Level Event to join forces with Heads of State and Government and international organizations to enable discussions of concrete financing solutions to the COVID-19 health and development emergency for everyone. 

Photo: Julien Riedel (Unsplash)