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Amid Shrinking National Budgets, Rising Nationalism, Global Solidarity Key to Achieve 2030 Agenda, Economic and Social Council Hears as High-Level Segment Opens

Here’s a breakdown of the key points from the provided text, organized by theme:

1. The Importance of International Partnerships and Funding for SDGs:

Warning about faltering sdgs: Without meaningful international partners, the Sustainable Advancement Goals (SDGs) will falter.
Sobering ODA projections: The region is disheartened by declining projections for Official Development Assistance (ODA).
Call for matching urgency with resources: Partners are needed who match the region’s urgency with their resources, innovation with investment, and determination with political will.
Pacific small Island Developing States’ plea: The representative of Tuvalu, speaking for these states, highlighted that the ocean defines their national identity and economy. Environmental degradation threatens fisheries and tourism, and rising sea levels threaten their lands and livelihoods. They urged acceleration of commitments made at the Ocean Conference.

2. Focus on Children’s Rights:

Children in conflict and poverty: An unprecedented number of children live in conflict, and a billion more live in multidimensional poverty. 300 million children survive on very little ($2.15 a day).
Moral and financial imperative: Scaling up public financing for child-focused social protections is not just a moral imperative but an investment in the future.

3. Focus on Health:

Non-communicable diseases and mental health: Support was expressed for a political declaration on non-communicable diseases and mental health. The growing burden of these diseases was recognized, and global cooperation and best practice sharing were seen as crucial for healthier futures.
tuberculosis (TB) as a current threat: TB is a critically important ongoing issue, with over 10.8 million new cases and 1.25 million deaths in 2023 alone.
Call for commitment against TB: TB must not be treated as a disease of the past, and the highest commitment is needed to scale up financing for its fight.

4. Vulnerability of Least Developed Countries (LDCs):

Economic growth below target: Economic growth in LDCs remains well below the SDG target of 7%.
Continued vulnerability: Statistics and reports consistently highlight the ongoing vulnerability of LDCs.

5. Economic Recovery and Regional Integration:

Democratic Republic of the Congo’s recovery: The DRC has shown signs of clear economic recovery for the past three years, driven by strengthened mining, agriculture, telecommunications, and infrastructure sectors, along with better resource mobilization. This has attracted significant public and private investment.
Eurasian Economic Union’s role: regional economic integration is an additional factor in achieving SDGs. The Eurasian Economic union is a major global exporter and has a lower unemployment rate than many partners.

6. Justice as Key for Development:

Economic cost of not investing in justice: Evidence suggests that the economic cost of not investing in justice is greater than the cost of investing in it.

In essence, the text highlights the interconnectedness of various development challenges and the critical need for international cooperation, adequate financing, and a focus on vulnerable populations to achieve the SDGs. It emphasizes that progress in areas like health, children’s rights, and economic development is hampered by a lack of resources and requires sustained political will.

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