Remarks by Ms Beate Trankmann at the Pre-Summit of the Future Dialogue on Accelerating Progress Towards Global Sustainable Development

June 19, 2024

Ms. Beate Trankmann, Resident Representative of UNDP China, delivered remarks at the Pre-Summit of the Future Dialogue on Accelerating Progress Towards Global Sustainable Development in Beijing, China.

尊敬的苗部助, (Excellency Assistant Minister Mr. MIAO )

UN Resident Coordinator Sid Chatterjee,

Excellences Ambassadors,

Colleagues and friends

Good afternoon,

In 2015, the Sustainable Development Goals (SDGs) were adopted by UN member states as a universal call to action, to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030.

However, with less than 6 years to go before the deadline, we face monumental challenges in realizing this global vision. The future of both humanity and our planet hangs in the balance.

The SDGs are severely off track, with not a single goal on pace to be met by 2030. Most alarmingly, progress on all of the climate and environmental targets under SDG 13 – Climate Action -  has either stagnated or is even regressing.

Here in the Asia Pacific region, at our current rate, it will take until 2062 to achieve the Global Goals.[1]

Challenges are multiple and compounding, from the lingering effects of the COVID-19 pandemic, to global conflicts, wars, and economic shocks that have led to growing inequalities and social divisions, amid an uncertain international context.

Effective global cooperation is increasingly critical to our survival, but difficult to achieve in an international atmosphere that lacks trust and is challenged by dated structures, which no longer reflect the political and economic realities of the 21st century.

It is precisely for this reason that the world will come together for the Summit of the Future: to forge a new Pact for the Future and renew international consensus on how to safeguard our world for a better tomorrow, while reinvigorating the multilateral system to tackle both existing and emerging threats to the SDGs.
 
The Summit is also a critical moment for countries to learn from one another on how to navigate a future rife with risks, but also opportunities.[2]

China can play an important role in these discussions, being one of only four countries to have moved from low human development levels in the 1990s to now high human development levels.[3]

As the largest developing economy, China has valuable experience in many aspects of sustainable development. In particular, there are three areas where I think China has the opportunity to make important contributions.

First, given the lack of progress on the environmental dimension of the SDGs and climate action, China can help to support an acceleration in momentum.

The updated Nationally Determined Contributions to be submitted by all countries by 2025 are a critical tool to raise ambitions backed by actionable plans to keep the 1.5-degree warming target of the Paris Agreement alive.

This is also an opportunity to expand climate action to incorporate commitments to biodiversity protection given the importance of intact ecosystems as carbon sinks. This will be critical for the new generation of NDCs to become comprehensive, systemic solutions – addressing the economic, social and environmental dimensions of sustainable development.

"Time is running out to put the SDGs back on track, and ensure a sustainable future for generations to come. No single country can do it alone. The international community as a whole must step up, take action, and respond collectively."

Second, with public budgets around the world being severely squeezed, space for investment into sustainable development is shrinking. The issue of financing for the SDGs and how to arrive at an international financing architecture that is fit for purpose will therefore be front and center at the Summit of the Future.

China can help in promoting access to affordable and long-term SDG financing in a variety of ways:

For example, strengthening international development cooperation including through China’s Global Development Fund, under the Global Development Initiative. When fully aligned with the SDGs, demand-driven and used at scale, such instruments can help to close critical funding gaps and address urgent sustainable development needs in partner countries.

China can also continue to constructively engage in multilateral debt-related initiatives in support of partner countries’ long-term financial sustainability. This could include exploring innovative tools to re-orient sovereign debt towards the SDGs, such as debt-for-development swaps.

Finally, given China’s position as a global pioneer in artificial intelligence, its knowledge and experience are vital to inform discussions on global governance and regulation of AI. In particular, China’s leadership will be key in realizing the Global Digital Compact that is expected to be endorsed by Member States at the Summit.
 
The UN system stands ready to continue working with China to further advance its commitment to international development cooperation and financing for the SDGs, drawing on international best practices and standards, and offering our multilateral platforms.
 
We are keen to take our successful collaboration to the next level, and look forward to supporting China in contributing to relevant areas of the Summit of the Future.
 
Time is running out to put the SDGs back on track, and ensure a sustainable future for generations to come. No single country can do it alone. The international community as a whole must step up, take action, and respond collectively.
 
This September, we have an invaluable opportunity to do just that, and it is one which we simply cannot afford to squander.
 
Thank you!


[1] https://unescap.org/kp/2024/asia-and-pacific-sdg-progress-report-2024
[2] https://china.un.org/en/268575-pre-summit-future-event-think-tanks-changsha-hunan
[3] Human Development Index database. The other three countries are Guyana, Vietnam and Indonesia. https://hdr.undp.org/data-center/documentation-and-downloads