{"id":272550,"date":"2023-09-20T09:26:39","date_gmt":"2023-09-20T13:26:39","guid":{"rendered":"https:\/\/www.un.org\/pga\/78\/?p=272550"},"modified":"2023-09-20T09:27:00","modified_gmt":"2023-09-20T13:27:00","slug":"pga-remarks-at-the-opening-of-the-general-debate-2","status":"publish","type":"post","link":"https:\/\/www.un.org\/pga\/78\/2023\/09\/20\/pga-remarks-at-the-opening-of-the-general-debate-2\/","title":{"rendered":"PGA remarks at the Opening of the High-Level Dialogue on Financing for Development"},"content":{"rendered":"

[et_pb_section fb_built=”1″ _builder_version=”4.21.2″ _module_preset=”default” custom_margin=”-21px|||||” custom_padding=”0px|||||” global_colors_info=”{}”][et_pb_row _builder_version=”4.21.2″ _module_preset=”default” custom_padding=”7px|||||” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.21.2″ _module_preset=”default” global_colors_info=”{}”][et_pb_text _builder_version=”4.21.2″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n

\n

Remarks by the President of the 78th session of the General Assembly,<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n<\/div>\n

\n

Mr. Dennis Francis,<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n<\/div>\n

\n

at the\u00a0<\/span>Opening<\/span>\u00a0of the High-Level Dialogue on Financing for Development<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n<\/div>\n

\n

[As Delivered]<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n<\/div>\n

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20 September 2023<\/span><\/span>\u00a0<\/span><\/strong><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

Mr. Secretary-General,\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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Excellencies,\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

Ladies and Gentlemen,<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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When we\u00a0<\/span>last\u00a0<\/span>convened<\/span>\u00a0this dialogue in 2019, little did we know that the years ahead would bring forth an unforeseeable cascade of tumultuous events.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

The global pandemic<\/span>,<\/span>\u00a0<\/span>protracted geopolitical tensions and the\u00a0<\/span>relentless march<\/span>\u00a0of the\u00a0<\/span>climate<\/span>\u00a0crisis<\/span>\u00a0<\/span>profoundly transformed<\/span>\u00a0our world and\u00a0<\/span>threw a wrench into\u00a0<\/span>our\u00a0<\/span>progress on the 2030 Agenda.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

To date, o<\/span>nly 15% of the SDG targets are on track,\u00a0<\/span>and<\/span>\u00a0<\/span>nearly\u00a0<\/span>one<\/span>\u00a0third have stalled or gone into reverse.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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About 3.3 billion people<\/span>\u00a0\u2013<\/span>\u00a0<\/span>half of humanity<\/span>\u00a0\u2013\u00a0<\/span>live in countries that spend<\/span>\u00a0<\/span>more on debt servicing than\u00a0<\/span>they do\u00a0<\/span>on health, education<\/span>,<\/span>\u00a0<\/span>or\u00a0<\/span>social protection.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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It is high time for all nations to funnel their financial efforts into realizing the Sustainable Development Agenda,\u00a0<\/span>to collectively\u00a0<\/span>forg<\/span>e\u00a0<\/span>a world where no one is left behind.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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Excellencies<\/span><\/span>,<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

This High-level Dialogue is\u00a0<\/span>therefore\u00a0<\/span>being\u00a0<\/span>convened<\/span>\u00a0at a\u00a0<\/span>pivotal<\/span>\u00a0moment.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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Yesterday, we concluded the SDG Summit where we committed to\u00a0<\/span>fast-track<\/span>\u00a0progress at the highest level<\/span>s<\/span>.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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And t<\/span>oday, we come together to ensure\u00a0<\/span>that\u00a0<\/span>the Summit\u2019s ambition is matched with the necessary resources to make it a reality.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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This crossroad\u00a0<\/span>represents<\/span>\u00a0a momentous window of opportunity for action.<\/span>\u00a0We have experienced the challenges\u00a0<\/span>first-hand<\/span>,\u00a0<\/span>and\u00a0<\/span>we have\u00a0<\/span>identified<\/span>\u00a0the solutions.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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The reform of international financial institutions and the global financial architecture has\u00a0<\/span>reached a point of\u00a0<\/span>urgent necess<\/span>ity<\/span>.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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It\u00a0<\/span>is\u00a0<\/span>a<\/span>bsolutely\u00a0<\/span>clear<\/span>\u00a0that the current financial architecture has fallen short in mobili<\/span>si<\/span>ng the stable, long-term, and\u00a0<\/span>equ<\/span>itable<\/span>\u00a0fi<\/span>nancing\u00a0<\/span>req<\/span>uired<\/span>\u00a0to<\/span>\u00a0achieve the Sustainable Development Goal<\/span>s.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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We can<\/span>\u00a0no longer afford to<\/span>\u00a0bury our head in the sand and ignore the writing on the wall.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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We must fundamentally overhaul our approach to global economic governance.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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Every nation<\/span>\u00a0\u2013\u00a0<\/span>regardless<\/span>\u00a0<\/span>of size or development status<\/span>\u00a0\u2013\u00a0<\/span>must<\/span>\u00a0<\/span>have an equal seat at the table in shaping global economic decisions.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

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\u00a0<\/span><\/p>\n<\/div>\n

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The moment to solidify this commitment is now, and the venue for this imperative action is here<\/span>\u00a0\u2013\u00a0<\/span>a<\/span>t\u00a0<\/span>the highest level<\/span>\u00a0of decision-making<\/span>,\u00a0<\/span>and\u00a0<\/span>by<\/span>\u00a0the institution designed precisely for this purpose.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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Ä¢¹½ÊÓƵ has already taken resolute strides towards embracing this commitment to transformation<\/span>, and i<\/span>ndeed,\u00a0<\/span>I applaud the Secretary-General for\u00a0<\/span>initiating<\/span>\u00a0the SDG Stimulu<\/span>s\u00a0<\/span>\u2013<\/span>\u00a0a plan of immense ambition and urgency.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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Excellencies<\/span><\/span>,\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

Today\u2019s Dialogue\u00a0<\/span>offers\u00a0<\/span>an opportunity to\u00a0<\/span>discuss ongoing\u00a0<\/span>initiatives and to\u00a0<\/span>showcase<\/span>\u00a0new ones that capture<\/span>\u00a0<\/span>our ambition to mobilise resources needed to\u00a0<\/span>realise<\/span>\u00a0the 2030 Agenda.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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We\u00a0<\/span>cannot continue to\u00a0<\/span>neglect the promises made in the Addis Ababa Action Agenda.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

Strengthening international cooperation\u00a0<\/span>\u2013\u00a0<\/span>by<\/span>\u00a0<\/span>ensuring\u00a0<\/span>j<\/span><\/span>ust<\/span>\u00a0and\u00a0<\/span>unrestricted<\/span><\/span>\u00a0<\/span>development\u00a0<\/span>assistance<\/span>, scaling up access to concessional financing,\u00a0<\/span>bolstering<\/span>\u00a0international tax cooperation and\u00a0<\/span>enhancing<\/span>\u00a0debt management\u00a0<\/span>\u2013\u00a0<\/span>must<\/span>\u00a0<\/span>remain the\u00a0<\/span>pri<\/span>orit<\/span>y\u00a0<\/span>objectives<\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

Looking ahead, I hope today will inspire\u00a0<\/span>confidence in\u00a0<\/span>us to act. It<\/span>\u00a0i<\/span>s not too late to get the SDGs back on track.\u00a0<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

However, we must take<\/span>\u00a0bold and<\/span>\u00a0deliberate actions to fulfil our commitments to the means of implementation outlined in the Addis Ababa Action Agenda and the 2030 Agenda itself.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

Today, let<\/span>\u00a0u<\/span>s raise our voices and collectively commit to funding a\u00a0<\/span>fair and just\u00a0<\/span>worl<\/span>d, for all<\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

\n

Thank<\/span>\u00a0<\/span>you<\/span>\u00a0very much<\/span>.<\/span><\/span>\u00a0<\/span><\/p>\n<\/div>\n

\n

\u00a0<\/span><\/p>\n<\/div>\n

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Remarks by the President of the 78th session of the General Assembly,\u00a0 Mr. Dennis Francis,\u00a0 at the\u00a0Opening\u00a0of the High-Level Dialogue on Financing for Development\u00a0 [As Delivered]\u00a0 20 September 2023\u00a0 \u00a0 […]<\/p>\n","protected":false},"author":361,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[111],"tags":[],"class_list":["post-272550","post","type-post","status-publish","format-standard","hentry","category-speeches","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nPGA remarks at the Opening of the High-Level Dialogue on Financing for Development | General Assembly of the United Nations<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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