Three years into the 2030 Agenda for Sustainable Development, the world has seen both important progress towards the Sustainable Development Goals (SDGs) and setbacks that require urgent action. “We have only 12 more years until 2030 to fully realize this transformative agenda, but these Goals are absolutely within our reach. It will require policy makers’ unwavering attention, a laser-sharp focus on implementation of these Goals, and a true sense of urgency,” said UN DESA’s Under-Secretary-General Liu Zhenmin at the recent 2018 High-level Political Forum on Sustainable Development.
The 2030 Agenda for Sustainable Development is ambitious and will require trillions of dollars of investment, with cost assessments ranging between $5 to $7 trillion per year. Three years into realizing the Sustainable Development Goals, there have been numerous successes – countries have taken concrete steps to mobilize domestic resources and implement national sustainable development strategies, and interest in sustainable investment is growing. But we face growing challenges as well. Although global growth is positive, there are growing risks and wavering commitments on a range of issues – climate change, trade and economic and financial cooperation.