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&array(2) { [0]=> object(WP_Post)#6058 (24) { ["ID"]=> int(97506) ["post_author"]=> string(1) "5" ["post_date"]=> string(19) "2023-09-28 09:35:41" ["post_date_gmt"]=> string(19) "2023-09-28 07:35:41" ["post_content"]=> string(7233) "Speaking at the summit, German Chancellor Olaf Scholz declared: “Time to get to work”, with German Development Minister Svenja Schulze adding: “It’s high time we caught up.” For his part, UN Secretary-General António Guterres spoke of the “rescue plan” needed for humanity and the planet. As the international community gathered for the UN Sustainable Development Summit in New York on 18 and 19 September 2023, it had originally hoped to be much further along the path to sustainability. Reiner Hoffmann, Chair of the RNE, elaborates: “For all intents and purposes, the international community had been on course to achieve the 2030 Agenda since 2015. However, the multiple crises of recent years – the pandemic, the war of aggression on Ukraine, drastic changes in climate and biodiversity loss – have all seen the SDGs take a back seat. This has to change. It’s time for a rethink. It’s time for us to take widescale action. This fact was clear to all at the SDG Summit in New York.” Eight years ago, the 193 member states of the United Nations resolved to ensure a better life for everyone on this planet by 2030. For example, everyone should have access to sufficient food, reliable medical care and quality education, with women and girls enjoying equal rights to men across the board. In addition, the international community is also committed to limiting the global rise in temperature to 1.5 degrees, as agreed in Paris in 2015. Despite all this, progress on both the 17 goals set by the United Nations and the 167 subgoals for sustainable development, i.e. for social, environmental and economic development, contained therein has been sluggish. The global community is currently on track with just 12 percent of its development goals, while more than 30 percent of the goals have seen no change or even regression. Pandemics, wartime violence, floods and droughts have all left their mark.

Reforming the World Bank

Things are not going to plan. If nothing changes, the United Nations calculates some 575 million people will still be living in extreme poverty by 2030 and more than 600 million people will go hungry. All of this, said German Chancellor Scholz in New York, is reason enough to “act now more than ever”. After all, the clock is ticking on 2030. What is needed now is new momentum, a new dynamic and, above all, money. “Putting the 2030 Agenda into practice lacks the large-scale funding it needs,” writes the German Council for Sustainable Development in its statement “Financing the Transition and Sustainable Development”, where it makes a series of recommendations on what needs to change. Against the backdrop of the 15 percent cut in development aid in the German federal budget, this is in part a matter of state development funds, but also increasingly of a structural reform of the international financial architecture, including reform of the World Bank. Founded in December 1945 and headquartered in Washington, the initial focus of the World Bank was the anticipated need for capital for reconstruction and economic development in the post-war period. Later, its work turned to developing countries and the promotion of their economic development in the fight against poverty. Now, it is time for a new direction. The Bank should, the RNE recommends, “establish business models that are committed to reducing poverty, but also make greater allowances for the impacts of global crises”. But this goes beyond concessionary loans to creating new incentives for private sector investment, i.e. new financing instruments. RNE member Kai Niebert elaborates: “We must succeed in remodelling the World Bank as a transformation bank and enabling sustainable economic activity in and with our partner countries alongside poverty and hunger reduction to at least come close to achieving the SDGs by 2030.”

Fairer wealth distribution

Furthermore, countries in the Global South should, in simple terms, have easier access to money from the International Monetary Fund (IMF) to use for climate change mitigation and other global public goods. The IMF can come to the aid of countries in crisis, for example lending money where countries could otherwise only borrow on the international capital market at very high cost. More specifically, it can issue what are known as special drawing rights (SDRs), a kind of reserve holding that the IMF can use to counter short-term imbalances. To date, however, poorer countries have seen far less benefit from this. “The value of the SDRs provided to Germany in 2021 is higher than the value of the SDRs for the 46 poorest developing countries put together”, notes the RNE, for example. Accordingly, richer countries should reallocate their funds in favour of poorer nations, and the principles for the allocation of special drawing rights should be comprehensively reformed. At the same time, the RNE argues that some one trillion US dollars a year are needed in the developing and emerging economies for sustainable development, including implementing the Paris Agreement. RNE Chair Hoffmann explains that debt relief would play an “indispensable role in setting the course for sustainability and climate change mitigation, including in heavily indebted countries”. In New York, Chancellor Olaf Scholz committed Germany to making around 300 million euros of hybrid capital available to the World Bank with the aim of simplifying access to loans for sustainability projects for countries in the Global South. The 2023 annual meeting of the World Bank and the IMF autumn meeting are now scheduled to take place in Marrakech in mid-October. The many contributions from heads of state and government at the SDG Summit have highlighted the sectors and topics where there is a significant need to step-up implementation of the SDGs, for instance in reducing poverty and the fight against hunger. Next year’s UN Summit of the Future will focus on making the United Nations more robust in the face of the multiple crises of our time, a process that Germany and Namibia are currently jointly coordinating. The aim of the Our Common Agenda process is to make the UN “fit for purpose”, in other words, equipped to see through the implementation of the 2030 Agenda and Paris Agreement as well as cope with future crises on a global scale. The run-up to the Summit of the Future will surely see civil society develop real-world solutions and political demands for implementation and present these to the global public and UN member states in Nairobi in May 2024. The decisive factor then will be the response from the international community. Brazil’s return to the world stage of sustainability along with its hosting of the G20 Summit in 2024 does, however, give cause to hope for an accelerated and cooperative implementation." ["post_title"]=> string(31) "SDG Summit: A question of money" ["post_excerpt"]=> string(257) "The world has some catching up to do, was the overwhelming takeaway from the sustainability summit in New York. So how do we get there? The German Council for Sustainable Development (RNE) calls for urgent reform of the international financial architecture." ["post_status"]=> string(7) "publish" ["comment_status"]=> string(6) "closed" ["ping_status"]=> string(6) "closed" ["post_password"]=> string(0) "" ["post_name"]=> string(30) "sdg-summit-a-question-of-money" ["to_ping"]=> string(0) "" ["pinged"]=> string(0) "" ["post_modified"]=> string(19) "2023-09-28 09:35:41" ["post_modified_gmt"]=> string(19) "2023-09-28 07:35:41" ["post_content_filtered"]=> string(0) "" ["post_parent"]=> int(0) ["guid"]=> string(42) "https://www.nachhaltigkeitsrat.de/?p=97506" ["menu_order"]=> int(0) ["post_type"]=> string(4) "post" ["post_mime_type"]=> string(0) "" ["comment_count"]=> string(1) "0" ["filter"]=> string(3) "raw" } [1]=> object(WP_Post)#6131 (24) { ["ID"]=> int(95138) ["post_author"]=> string(1) "5" ["post_date"]=> string(19) "2022-12-12 11:45:32" ["post_date_gmt"]=> string(19) "2022-12-12 10:45:32" ["post_content"]=> string(4959) "The end result was a joint call to action that doubled down on some of the proposals put forward by UN Secretary-General António Guterres in Our Common Agenda. These include systematically involving young people in political decision-making; improving protection of global commons such as the oceans, the atmosphere and the rainforests through a dedicated global fund; redirecting fossil fuel subsidies towards clean technologies; and making food systems more resilient. These are just some of the demands set out in the since published joint call to action which was drawn up by the councils and similar advisory bodies on sustainable development now established in many countries across the world – not least the German Council for Sustainable Development (RNE) – at their meeting in the South African capital Cape Town back in September. With the Global Forum, the bodies have formed a network to learn from each other and routinely share ideas on how to inspire and boost progress towards the 17 SDGs adopted by the international community in the 2030 Agenda for Sustainable Development. Because the clock is ticking and the world is still a long way from achieving its goals. War, pandemic, hunger, inflation, energy crisis – only recently Guterres issued a stark warning: “Our world is in peril”. But it wasn’t too late to salvage the SDGs, he insisted. So what are our colleagues in other countries doing? What is working well? How can we recruit people to the cause?

Getting trade unions on board

Take Mexico as an example. Felix Meyerhoff, responsible for international processes and the Global Forum at the RNE, believes that “In Mexico the local sustainability council has built up impressive ties with the trade unions”. It is crucial to have the workers and their representatives on side if the economy is to become climate-neutral and more resource-efficient. Although to begin with, Meyerhoff continues, the trade unionists were somewhat reticent. But the Mexican council kept plugging away, seeking talks, listening, not going straight in with demands, and insisting on adherence to the goals. That helped to grow trust and now the two sides are cooperating more and more. It’s the ‘don’t go in all guns blazing’ approach that helped cultivate the connection. Collaborations and inclusive partnerships are key, and in many countries religious communities also play a major role, explains Meyerhoff. One of the aims is to systematically engage first and foremost those in the sustainable development debates and processes who are particularly impacted by the necessary transformations – such as the younger generations. In Kenya, for example, they have a regular civil society caucus that brings together most of the relevant actors in the country to review progress, recognise champions and foster mutual learning. Originating at the UN SDG Summit in 2019, the Global Forum network gathers and explores ideas for strengthening societal discourse and finding consensus on sustainable development. Members also propose how this can be organised and what structures the national governments need to support for this to happen. As such, the final document also states, for example, that governments should have a sustainable development strategy or similar, create marketplaces for ideas and especially also promote local networks. These and many other ideas and projects were discussed at the networking event of the Global Forum from 5 to 7 September 2022. The gathering in Cape Town was attended by more than 30 members and affiliated organisations. Since the network was founded three years ago, the Forum’s administrative office has been run by the RNE, but this has now been handed over to its South African partner and a further organisation. The proposals of the Global Forum have come at a crucial time: after a four-year interval, September 2023 will see the next UN SDG Summit, where the roadmap will be updated. This will be followed a year later by the Summit of the Future, as proposed by UN chief Guterres in ‘Our Common Agenda’. [document id="95126"]" ["post_title"]=> string(36) "Global Forum: RNE in global exchange" ["post_excerpt"]=> string(372) "Engaging young people and getting trade unions involved: the Global Forum for National SDG Advisory Bodies brings together sustainability councils and similar bodies from all over the world to brainstorm the best ideas for giving fresh impetus to the United Nations’ Sustainable Development Goals (SDGs) – as at its recent network meeting in Cape Town, South Africa. 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As the international community gathered for the UN Sustainable Development Summit in New York on 18 and 19 September 2023, it had originally hoped to be much further along the path to sustainability. Reiner Hoffmann, Chair of the RNE, elaborates: “For all intents and purposes, the international community had been on course to achieve the 2030 Agenda since 2015. However, the multiple crises of recent years – the pandemic, the war of aggression on Ukraine, drastic changes in climate and biodiversity loss – have all seen the SDGs take a back seat. This has to change. It’s time for a rethink. It’s time for us to take widescale action. This fact was clear to all at the SDG Summit in New York.” Eight years ago, the 193 member states of the United Nations resolved to ensure a better life for everyone on this planet by 2030. For example, everyone should have access to sufficient food, reliable medical care and quality education, with women and girls enjoying equal rights to men across the board. In addition, the international community is also committed to limiting the global rise in temperature to 1.5 degrees, as agreed in Paris in 2015. Despite all this, progress on both the 17 goals set by the United Nations and the 167 subgoals for sustainable development, i.e. for social, environmental and economic development, contained therein has been sluggish. The global community is currently on track with just 12 percent of its development goals, while more than 30 percent of the goals have seen no change or even regression. Pandemics, wartime violence, floods and droughts have all left their mark.

Reforming the World Bank

Things are not going to plan. If nothing changes, the United Nations calculates some 575 million people will still be living in extreme poverty by 2030 and more than 600 million people will go hungry. All of this, said German Chancellor Scholz in New York, is reason enough to “act now more than ever”. After all, the clock is ticking on 2030. What is needed now is new momentum, a new dynamic and, above all, money. “Putting the 2030 Agenda into practice lacks the large-scale funding it needs,” writes the German Council for Sustainable Development in its statement “Financing the Transition and Sustainable Development”, where it makes a series of recommendations on what needs to change. Against the backdrop of the 15 percent cut in development aid in the German federal budget, this is in part a matter of state development funds, but also increasingly of a structural reform of the international financial architecture, including reform of the World Bank. Founded in December 1945 and headquartered in Washington, the initial focus of the World Bank was the anticipated need for capital for reconstruction and economic development in the post-war period. Later, its work turned to developing countries and the promotion of their economic development in the fight against poverty. Now, it is time for a new direction. The Bank should, the RNE recommends, “establish business models that are committed to reducing poverty, but also make greater allowances for the impacts of global crises”. But this goes beyond concessionary loans to creating new incentives for private sector investment, i.e. new financing instruments. RNE member Kai Niebert elaborates: “We must succeed in remodelling the World Bank as a transformation bank and enabling sustainable economic activity in and with our partner countries alongside poverty and hunger reduction to at least come close to achieving the SDGs by 2030.”

Fairer wealth distribution

Furthermore, countries in the Global South should, in simple terms, have easier access to money from the International Monetary Fund (IMF) to use for climate change mitigation and other global public goods. The IMF can come to the aid of countries in crisis, for example lending money where countries could otherwise only borrow on the international capital market at very high cost. More specifically, it can issue what are known as special drawing rights (SDRs), a kind of reserve holding that the IMF can use to counter short-term imbalances. To date, however, poorer countries have seen far less benefit from this. “The value of the SDRs provided to Germany in 2021 is higher than the value of the SDRs for the 46 poorest developing countries put together”, notes the RNE, for example. Accordingly, richer countries should reallocate their funds in favour of poorer nations, and the principles for the allocation of special drawing rights should be comprehensively reformed. At the same time, the RNE argues that some one trillion US dollars a year are needed in the developing and emerging economies for sustainable development, including implementing the Paris Agreement. RNE Chair Hoffmann explains that debt relief would play an “indispensable role in setting the course for sustainability and climate change mitigation, including in heavily indebted countries”. In New York, Chancellor Olaf Scholz committed Germany to making around 300 million euros of hybrid capital available to the World Bank with the aim of simplifying access to loans for sustainability projects for countries in the Global South. The 2023 annual meeting of the World Bank and the IMF autumn meeting are now scheduled to take place in Marrakech in mid-October. The many contributions from heads of state and government at the SDG Summit have highlighted the sectors and topics where there is a significant need to step-up implementation of the SDGs, for instance in reducing poverty and the fight against hunger. Next year’s UN Summit of the Future will focus on making the United Nations more robust in the face of the multiple crises of our time, a process that Germany and Namibia are currently jointly coordinating. The aim of the Our Common Agenda process is to make the UN “fit for purpose”, in other words, equipped to see through the implementation of the 2030 Agenda and Paris Agreement as well as cope with future crises on a global scale. The run-up to the Summit of the Future will surely see civil society develop real-world solutions and political demands for implementation and present these to the global public and UN member states in Nairobi in May 2024. The decisive factor then will be the response from the international community. Brazil’s return to the world stage of sustainability along with its hosting of the G20 Summit in 2024 does, however, give cause to hope for an accelerated and cooperative implementation." ["post_title"]=> string(31) "SDG Summit: A question of money" ["post_excerpt"]=> string(257) "The world has some catching up to do, was the overwhelming takeaway from the sustainability summit in New York. So how do we get there? The German Council for Sustainable Development (RNE) calls for urgent reform of the international financial architecture." 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