New York

18 September 2017

Deputy Secretary-General's remarks at the High-level Event Financing the 2030 Agenda - The Role of the United Nations [as prepared for delivery]

Good morning. I’m so pleased to be here with you today.
 
Financing the 2030 Agenda is fundamental to its successful implementation.
The Addis Ababa Action Agenda (AAAA) on Financing for Development provides a roadmap for shifting capital away from ‘business as usual’ towards investment in increased prosperity, social inclusion and environmental regeneration.
 
We know this has to be done – the challenge, of course, is to do it, at scale, now.
 
Progress is being made, by many of you here in the room but much, much more is needed.
 
Trillions of dollars a year need to be mobilized, that is, the savings of citizens around the world, and channeled to countries, communities and local economies - through ODA, domestic financing and the world’s financial system.
 
The UN has always been engaged in this financing agenda, with its partners, allies and of course member states. Our question is whether we are doing enough, and the answer, in short, is no.
 
So as a core element of our support to the implementation of the 2030 Agenda, we have identified a number of ways in which we can strengthen and amplify our impact, internationally, with member states, and by championing global financing initiatives.
 
This event is therefore timely as it explores the nexus between the financing agenda and the UN - highlighting progress and opportunities from parts of the UN’s leadership team, key partners such as the World Bank, private sector actors, and member states.
 
I invite now the Secretary-General to share with us his vision on how to accelerate the working of the UN in the mobilization of financing for the 2030 agenda.