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Home ESG Research

The United Nations Releases 2024 Global Sustainable Development Report

by TodayESG
in ESG Research, ESG Knowledge, Global
UN Summit of the Future

UN Summit of the Future

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  • 2024 Global Sustainable Development Report
  • Background of Global Sustainable Development
  • Sustainable Development and United Nations Summit of the Future
  • Recommendations from the United Nations Sustainable Development Solutions Network

2024 Global Sustainable Development Report

The United Nations Sustainable Development Solutions Network (SDSN) releases the 2024 Global Sustainable Development Report, aiming to analyze the current development of the United Nations Sustainable Development Goals.

As an important element of the 2030 Agenda for Sustainable Development, the 17 United Nations Sustainable Development Goals involve multiple aspects such as economy, society, and environment, providing guidance for countries to establish sustainable development frameworks.

Related Post: Introduction and Application of United Nations Sustainable Development Goals (SDGs)

Background of Global Sustainable Development

The United Nations Sustainable Development Solutions Network believes that contemporary sustainable development can be summarized in five words: People, Planet, Prosperity, Peace, and Partnership. Sustainable development is a long-term challenge. The right actions will eliminate poverty, achieve peace, and use digital technology to promote social progress. The wrong actions will deepen climate disasters, reduce human understanding of artificial intelligence development, thus have negative impacts on the economy and society.

Under the current background of global sustainable development, the importance of multilateralism is increasing day by day. Due to the close connections between countries, they need to cooperate with each other in addressing climate crises and promoting energy transition, and cannot achieve sustainable goals alone. From the perspective of public economics, the world needs public goods and needs to develop mechanisms for producing and protecting these products.

Sustainable Development and United Nations Summit of the Future

The United Nations Summit of the Future will become an important turning point in the process of sustainable development. Held in September 2024, the summit will focus on multilateral governance, promote the implementation of existing commitments, and agree on how to address new sustainable challenges. At the summit, countries will jointly sign the Pact for the Future to achieve effective global cooperation.

Global Sustainable Development Report
UN Summit of the Future

The Summit of the Future will be based on the 2023 Sustainable Development Goals Summit and will focus on addressing actual actions deviating from the Sustainable Development Goals. The United Nations Sustainable Development Solutions Network suggests that the summit should make changes in several key areas to help achieve global sustainable development goals in the long run.

Recommendations from the United Nations Sustainable Development Solutions Network

The United Nations Sustainable Development Solutions Network recommends that Summit of the Future can take action from the following aspects:

Sustainable development and financing for development: The United Nations Sustainable Development Goals were originally set between 2016 and 2030, but many goals may be achieved beyond 2030 (such as energy transition). The United Nations Sustainable Development Solutions Network recommends extending the duration of the Sustainable Development Goals to 2050 and recommends that countries develop sustainable financing policies based on their situation to reduce funding gaps.

International peace and security: The United Nations Sustainable Development Solutions Network recommends that countries maintain peace and security and create a suitable environment for sustainable development.

Science, technology, innovation, and digital cooperation: The current global technological progress has provided impetus for economic development but also brought risks. The United Nations Sustainable Development Solutions Network recommends popularizing science and technology to developing countries and emphasizing the important role of public financing in scientific research, especially in sustainable technology research.

Youth and future generations: The return on investment in human capital is crucial for sustainable development. The United Nations Sustainable Development Solutions Network recommends that countries prioritize investing in children, while paying attention to the role of youth in sustainable development. Countries should also promote sustainable development education to the public to strengthen social understandings.

Transforming global governance: The United Nations Sustainable Development Solutions Network recommends the establishment of new UN subsidiaries to strengthen international governance cooperation.

Reference:

Press Release: Sustainable Development Report 2024

Tags: EnglishSustainable DevelopmentUN Sustainable Development GoalsUN Sustainable Development Solutions Network
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