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With developing countries facing $11.7 trillion in external debt and a $4 trillion SDG financing gap, the urgency is clear. The world does not need us to repeat promises, it needs action. At the 2026 ECOSOC Forum on Financing for Development Follow-up, I stressed that we need to deliver...

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Annalena Baerbock

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10,563 görüntüleme • 2 ay önce •via X (Twitter)

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The Fourth International Conference on Financing for Development adopted the 'Compromiso de Sevilla' as well as a Platform for Action laying the foundation for a renewed global framework to close the $4 trillion financing gap for the #GlobalGoals. Follow our coverage of #FFD4 ⤵️
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The Fourth International Conference on Financing for Development adopted the 'Compromiso de Sevilla' as well as a Platform for Action laying the foundation for a renewed global framework to close the $4 trillion financing gap for the #GlobalGoals. Follow our coverage of #FFD4 ⤵️

UN News

28,529 görüntüleme • 1 yıl önce

Excellencies, Distinguished Delegates, It is an honour to address this Biennial Summit. We gather at a moment when the 2030 Agenda is in peril. It is estimated that we need to close a financing gap of $4 trillion annually if we are to meeting the Sustainable Development Goals. A succession of crises has exposed the fragility of our interconnected economies and revealed deep inequities in our capacity to respond. While some nations are able to mobilise trillions to shield their citizens and economies from pandemics and other emergencies, others are left constrained by debt and denied fair access to global capital. We should use this Summit to push for the full implementation of commitments made across various forums – from the Financing for Development process to the #G20 and Climate Change COP. We must strengthen coordination between the UN, the African Union, the G20, international financial institutions and other global financial actors, embedding inclusivity at the heart of global economic governance. To close the SDG financing gap, we need to undertake the following bold measures: Firstly, we need debt relief and restructuring that is faster, fairer and more comprehensive. Secondly, we need to mobilise affordable, accessible financing from a wide range of sources. Thirdly, we need to rechannel unused Special Drawing Rights to countries in need. Fourthly, we must scale up concessional finance through development banks. Lastly, we must reform global tax rules to curb illicit financial flows Beyond financial instruments, we need confidence that commitments will be honoured and that global rules will be shaped by all members, not just a few. Let us forge a new compact for financing sustainable development rooted in solidarity, equity and mutual accountability. South Africa stands ready to ensure this Summit becomes a turning point in our collective effort to build a sustainable, inclusive and resilient global economy. I thank you. #UNGA80 🇺🇳
7:10

Excellencies, Distinguished Delegates, It is an honour to address this Biennial Summit. We gather at a moment when the 2030 Agenda is in peril. It is estimated that we need to close a financing gap of $4 trillion annually if we are to meeting the Sustainable Development Goals. A succession of crises has exposed the fragility of our interconnected economies and revealed deep inequities in our capacity to respond. While some nations are able to mobilise trillions to shield their citizens and economies from pandemics and other emergencies, others are left constrained by debt and denied fair access to global capital. We should use this Summit to push for the full implementation of commitments made across various forums – from the Financing for Development process to the #G20 and Climate Change COP. We must strengthen coordination between the UN, the African Union, the G20, international financial institutions and other global financial actors, embedding inclusivity at the heart of global economic governance. To close the SDG financing gap, we need to undertake the following bold measures: Firstly, we need debt relief and restructuring that is faster, fairer and more comprehensive. Secondly, we need to mobilise affordable, accessible financing from a wide range of sources. Thirdly, we need to rechannel unused Special Drawing Rights to countries in need. Fourthly, we must scale up concessional finance through development banks. Lastly, we must reform global tax rules to curb illicit financial flows Beyond financial instruments, we need confidence that commitments will be honoured and that global rules will be shaped by all members, not just a few. Let us forge a new compact for financing sustainable development rooted in solidarity, equity and mutual accountability. South Africa stands ready to ensure this Summit becomes a turning point in our collective effort to build a sustainable, inclusive and resilient global economy. I thank you. #UNGA80 🇺🇳

Cyril Ramaphosa 🇿🇦

28,309 görüntüleme • 9 ay önce

As of today, we are $4 trillion short each year of closing the financing gap. Without that money, we will not reach the Sustainable Development Goals. With the ‘Compromiso de Sevilla’, we have defined the path. Now is the time to walk it. #compromisodesevilla #FFD4 #FinancingOurFuture #SDG
1:10

As of today, we are $4 trillion short each year of closing the financing gap. Without that money, we will not reach the Sustainable Development Goals. With the ‘Compromiso de Sevilla’, we have defined the path. Now is the time to walk it. #compromisodesevilla #FFD4 #FinancingOurFuture #SDG

António Costa

10,612 görüntüleme • 1 yıl önce

As we strive towards the 2030 Agenda, the financing gap for Sustainable Development Goals (SDGs) in developing countries has widened to over $4.2 trillion annually post-pandemic, reflecting the widening gap between ambition and reality. - Smt Nirmala Sitharaman during the Flagship Governors Seminar on the theme: 'Challenges for Financing Sustainable Development for the Global South' in Rio de Janeiro, Brazil. PIB India Ministry of Finance India In Brazil #NDBAnnualMeeting #NDBAM25
1:03

As we strive towards the 2030 Agenda, the financing gap for Sustainable Development Goals (SDGs) in developing countries has widened to over $4.2 trillion annually post-pandemic, reflecting the widening gap between ambition and reality. - Smt Nirmala Sitharaman during the Flagship Governors Seminar on the theme: 'Challenges for Financing Sustainable Development for the Global South' in Rio de Janeiro, Brazil. PIB India Ministry of Finance India In Brazil #NDBAnnualMeeting #NDBAM25

Nirmala Sitharaman Office

15,402 görüntüleme • 1 yıl önce

“The first trillion dollars we take in goes to pay the debt. We’re $37 trillion in debt. Balancing the budget has always been paramount for me.” At #HillNationSummit, Rep. Rep. Vern Buchanan emphasized the urgent need for bipartisan action on debt and deficits, calling for a return to fiscal responsibility. Watch the full event:
1:03

“The first trillion dollars we take in goes to pay the debt. We’re $37 trillion in debt. Balancing the budget has always been paramount for me.” At #HillNationSummit, Rep. Rep. Vern Buchanan emphasized the urgent need for bipartisan action on debt and deficits, calling for a return to fiscal responsibility. Watch the full event:

The Hill Events

20,506 görüntüleme • 11 ay önce

"The challenge is on, and I think that for countries such as us, we have to maintain and be determined in that battle against inflation in order to stabilize the economy, bring interest rates down eventually, so you can grow, invest and grow the economy." Wale Edun speaking at the world economic forum on the challenge of inflation and concessional financing.
1:10

"The challenge is on, and I think that for countries such as us, we have to maintain and be determined in that battle against inflation in order to stabilize the economy, bring interest rates down eventually, so you can grow, invest and grow the economy." Wale Edun speaking at the world economic forum on the challenge of inflation and concessional financing.

Nairametrics

13,705 görüntüleme • 2 ay önce

World Investment Report 2023 reveals that developing countries face a $2.2 trillion annual investment gap for the energy transition. UN Trade and Development calls for urgent support to developing countries to attract more investment in clean energy. Explore the report➡️
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World Investment Report 2023 reveals that developing countries face a $2.2 trillion annual investment gap for the energy transition. UN Trade and Development calls for urgent support to developing countries to attract more investment in clean energy. Explore the report➡️

UN Trade and Development

101,303 görüntüleme • 3 yıl önce

🚨🇵🇰📉Pakistan's financial situation is facing a serious crisis, with the country's total debt now reaching 80 trillion rupees, including 36 trillion in external debt, which is linked to the exchange rate of the US dollar. Chief Minister Suhail Afridi stated that most of these external loans have been provided by the IMF, the World Bank, & the Asian Development Bank. Around 70% of Pakistan’s $20 billion in foreign reserves consist of debt or aid from friendly countries. He warned that if these countries demand repayment, the artificially maintained exchange rate of 280 rupees per dollar could surpass 400. Declining exports, heavy debt, & reliance on foreign aid have put Pakistan’s economic stability at serious risk.
3:35

🚨🇵🇰📉Pakistan's financial situation is facing a serious crisis, with the country's total debt now reaching 80 trillion rupees, including 36 trillion in external debt, which is linked to the exchange rate of the US dollar. Chief Minister Suhail Afridi stated that most of these external loans have been provided by the IMF, the World Bank, & the Asian Development Bank. Around 70% of Pakistan’s $20 billion in foreign reserves consist of debt or aid from friendly countries. He warned that if these countries demand repayment, the artificially maintained exchange rate of 280 rupees per dollar could surpass 400. Declining exports, heavy debt, & reliance on foreign aid have put Pakistan’s economic stability at serious risk.

Afghanistan Defense

96,268 görüntüleme • 6 ay önce

America is $36 trillion in debt. We need to cut waste and we need to do it quick. President Donald J. Trump and Elon Musk are delivering the real change that voters asked for in November.
1:27

America is $36 trillion in debt. We need to cut waste and we need to do it quick. President Donald J. Trump and Elon Musk are delivering the real change that voters asked for in November.

Sarah Huckabee Sanders

62,091 görüntüleme • 1 yıl önce

America sends money to 177 out of 193 recognized countries. Thats 91.7% of the world. We are $39 TRILLION in debt and have our own issues that need to be fixed here at home. We shouldn’t send a single penny to other countries.
1:35

America sends money to 177 out of 193 recognized countries. Thats 91.7% of the world. We are $39 TRILLION in debt and have our own issues that need to be fixed here at home. We shouldn’t send a single penny to other countries.

Derrick Evans

56,057 görüntüleme • 21 gün önce

Our gross national debt passed $35 trillion on Monday. The math isn’t partisan. It’s not Republican, nor is it Democrat. Doing the math is MORAL. We need to be willing to have hard conversations to save future generations. And it starts by putting batteries in the calculator.
0:29

Our gross national debt passed $35 trillion on Monday. The math isn’t partisan. It’s not Republican, nor is it Democrat. Doing the math is MORAL. We need to be willing to have hard conversations to save future generations. And it starts by putting batteries in the calculator.

Rep. David Schweikert

98,302 görüntüleme • 1 yıl önce

Are humanoids the largest addressable market in history? Andrew Kang says "to understand that you have to look at what is the total market for human labor. It's something like 50% of GDP, some people put it at $40 trillion or $60 trillion." "The way that I would think about it is a humanoid can do everything that a human can do in the future, but it doesn't need to rest, it doesn't need to take breaks, it doesn't need to go on vacation. It's not going to quit on you, so you don't need to hire and retrain somebody else."
2:09

Are humanoids the largest addressable market in history? Andrew Kang says "to understand that you have to look at what is the total market for human labor. It's something like 50% of GDP, some people put it at $40 trillion or $60 trillion." "The way that I would think about it is a humanoid can do everything that a human can do in the future, but it doesn't need to rest, it doesn't need to take breaks, it doesn't need to go on vacation. It's not going to quit on you, so you don't need to hire and retrain somebody else."

Anthony Pompliano 🌪

107,019 görüntüleme • 1 ay önce

Hoekstra on Trump saying the US doesn't need Canada: Need is one thing. We have needs for lots of things ... It's another thing to say that those needs have to be filled by a particular country -- that it has to be filled by Canada.
1:11

Hoekstra on Trump saying the US doesn't need Canada: Need is one thing. We have needs for lots of things ... It's another thing to say that those needs have to be filled by a particular country -- that it has to be filled by Canada.

Scott Robertson

30,261 görüntüleme • 3 gün önce

Conservatives have proposed that the Transportation Committee conduct hearings into this BC Ferries mess. We need accountability: why is the Liberal Government financing 4 ferries from a State owned shipyard- offshoring steel, aluminium & shipbuilding to China, not in 🇨🇦!
4:29

Conservatives have proposed that the Transportation Committee conduct hearings into this BC Ferries mess. We need accountability: why is the Liberal Government financing 4 ferries from a State owned shipyard- offshoring steel, aluminium & shipbuilding to China, not in 🇨🇦!

Dan Albas

35,386 görüntüleme • 1 yıl önce

Brazil’s🇧🇷 President Lula Da Silva: ‘I will not give up on believing that we need to work on building an alternative currency…I don’t need to be subordinated by the dollar.’ Strangely, it is Lula, not Xi Jinping or Vladimir Putin, that is most in favour of preemptive action against US hegemony over the world’s financial system. Unless BRICS recognises the urgency of building a new financial system for the multipolar world, they will be economically picked off by Washington 1 by 1.
0:43

Brazil’s🇧🇷 President Lula Da Silva: ‘I will not give up on believing that we need to work on building an alternative currency…I don’t need to be subordinated by the dollar.’ Strangely, it is Lula, not Xi Jinping or Vladimir Putin, that is most in favour of preemptive action against US hegemony over the world’s financial system. Unless BRICS recognises the urgency of building a new financial system for the multipolar world, they will be economically picked off by Washington 1 by 1.

Afshin Rattansi

29,926 görüntüleme • 10 ay önce

🧵 We live in one of the wealthiest countries in the world, and yet people in the UK are going without the essentials we all need to get by. We can’t always deal with what life throws at us on our own, and we need a system in place that supports us all. ⤵️
0:35

🧵 We live in one of the wealthiest countries in the world, and yet people in the UK are going without the essentials we all need to get by. We can’t always deal with what life throws at us on our own, and we need a system in place that supports us all. ⤵️

Trussell

153,728 görüntüleme • 3 yıl önce

The US Administration has been extremely generous over many years, and it is within its rights to decide what it supports, and to what extent. But the abrupt cuts in funding from the US are putting at risk decades of progress in various health programmes across the world. We ask the US to engage in dialogue with affected countries so plans can be made to transition to more sustainable solutions, without disruptions that cost lives. We call on other donors and the countries that have relied on US financing to step up -- to the extent they can.
2:39

The US Administration has been extremely generous over many years, and it is within its rights to decide what it supports, and to what extent. But the abrupt cuts in funding from the US are putting at risk decades of progress in various health programmes across the world. We ask the US to engage in dialogue with affected countries so plans can be made to transition to more sustainable solutions, without disruptions that cost lives. We call on other donors and the countries that have relied on US financing to step up -- to the extent they can.

Tedros Adhanom Ghebreyesus

88,226 görüntüleme • 1 yıl önce