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Last week’s United Nations’ Financing for Development Forum in New York was notable for being the first major event to admit in a formal outcome document that at the current pace, the Sustainable Development Goals will not be reached. The Forum - which deals with all aspects of finance and the financial architecture that regulates finance - planned to push reforms that would make finance work for development. Progress was meagre however, as political blockages still need to be overcome.

The outcome document of the 2017 Financing for Development (FfD) Forum paints an alarming picture: “The current global trajectory will not deliver the goal of eradicating poverty in all its forms and dimensions by 2030”. A key reason is the lack of adequate funding for the SDGs. While there is no lack of ‘hot money’ inflating asset prices and speculative bubbles across the globe, there's a failure to transform that money into development finance, not least because governments are failing to reform the financial system. The 2017 FfD Forum pledged to take “immediate action … to implement the Addis Ababa Action Agenda” (the commitments made at the last International Conference on Financing for Development two years ago), but it’s unclear exactly what the substance of that action will be.

Second edition of an interesting research of Isabel Ortiz and colleagues: Options to Expand Social Investments in 187 Countries

Through the NAM’s annual ministerial meetings on health, the NAM has served as a valuable vehicle through which developing countries are able to coordinate their positions in pursuing their efforts to strengthen coordinated global action on global health issues and to enhance the ability of the World Health Organization to deliver on and be more responsive to the needs of developing countries in the health arena.
The South Centre, as the intergovernmental thinktank of developing countries, fully supports the NAM in this endeavour.

The 17 Sustainable Development Goals (SDGs) – collectively drafted and then officially agreed to, at the highest level, by all member states of the UN in September 2015 – involves specific targets to be achieved mainly by 2030. The agenda seeks to “leave no-one behind” and claims roots in universal human rights. Thus, addressing inequalities and discrimination is central to the SDGs. Poverty and Shared Prosperity 2016: Taking on Inequality is the World Bank’s first annual report tracking progress towards the two key SDGs on poverty and inequality.

Annual reporting on poverty, inequality
This particular report evaluates progress towards reducing extreme poverty to 3% of the global population and sustaining per capita income growth of the bottom 40% of the population faster than the national average. According to the bank, with global economic growth slowing, reduction of income inequality will be necessary to ending poverty and enhancing shared prosperity.

With allies like Rwanda’s Paul Kagame, Washington is causing immeasurable suffering on the Congolese people because they happen to sit on $24 trillion worth of resources that are critical to the American war machine.  If Americans want to act in solidarity with the Congolese they should stop pretending that US foreign policy is rooted in justice, and instead support citizen movements like TELEMA that are fighting for change in DRC.

462 military observers, 1,090 police personnel, 18,232 military personnel. At 19,784 uniformed personnel, the United Nations Organization Stabilization Mission in the Democratic Republic of Congo (MONUSCO) is the largest United Nations peacekeeping mission on the planet.


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