The President of the United Nations Economic and Social Council (ECOSOC), Amar Bendjama, called for strengthening the mobilization of financial resources necessary to achieve the Sustainable Development Goals (SDGs), highlighting the need to address the debt burden weighing on developing countries and limiting their capacity to invest in development.
Speaking during a joint meeting of the Second Committee of the UN General Assembly and ECOSOC held on Monday, Mr. Bendjama noted that the world is now less than four years away from the 2030 deadline set for achieving the SDGs, indicating that “the SDG financing gap in developing countries is estimated at nearly USD 4 trillion per year, which requires mobilizing additional resources and…