A “paradigm shift” aligning the private sector with the global goals is needed to address the challenges of the future, including those triggered by COVID-19, the UN chief said on Monday, addressing the Financing for Development (FfD) Forum. |
Secretary-General António Guterres painted a grim picture of the past year during which more than three million have died from the virus. Around 120 million have fallen into extreme poverty and the equivalent of 255 million full-time jobs have been lost.
He noted that as the speed of infections is increasing, “the crisis is far from over”.
“An enormous push at the highest political level” is needed, said Mr. Guterres, to reverse these dangerous trends, prevent successive waves of infection, avoid a lengthy global recession and get back on track to fulfil the 2030 Agenda for Sustainable Development and the 2015 Paris Agreement on climate change.
Advancing an equitable global response to recover from the pandemic is “putting multilateralism to the test”, the UN chief said, adding, “so far, we have failed”.
To illustrate this, he pointed out that just 10 countries globally account for around 75 per cent of COVID vaccinations given, noting that some estimates put the global cost of unequal access and vaccine hoarding at more than $9 trillion.
Mr. Guterres underscored the need for “unity and solidarity” to save lives and prevent catastrophic debt and dysfunction.
— Read on news.un.org/en/story/2021/04/1089542