“Investing in the SDGs [Sustainable Development Goals] is both sensible and feasible: it is a win-win for the world,

as the social and economic rates of return on sustainable development in developing countries is very high.” 

UN Secretary-General António Guterres at the launch of his call for a $500 billion SDG Stimulus

Sustainable Development Goal 17 is about revitalizing the global partnership, including increased financing, for sustainable development. The 2030 Agenda for Sustainable Development is universal and calls for action by all countries – developed and developing – to ensure no one is left behind. It requires partnerships between governments, the private sector, and civil society, as the SDGs can only be realized with a strong commitment to global partnership and cooperation.  

Sustainable development prospects continue to diverge between developed and developing countries. SDG financing needs are growing, but development finance is not keeping pace. The war in Ukraine, sharp increases in food and energy prices, and rapidly tightening financial conditions have increased hunger and poverty and reversed progress on the SDGs. If left unaddressed, a finance divide will translate into a lasting sustainable development divide. 

SDG 17: In Numbers 

  • In 2021, official development assistance (ODA) rose by 8.5 % compared to 2020, to an all-time high of $185.9 billion. 
  • International investment in SDG-related sectors in developing countries increased by 70 per cent in 2021, due to renewable-energy and energy-efficiency projects. However, the share of total SDG investment that went to least developed countries decreased from 19 per cent in 2020 to 15 per cent in 2021.

(See Facts and Figures)

SDG Stimulus  

UN Secretary-General António Guterres issued a call earlier this year for a $500 billion SDG Stimulus.  

The United Nations Secretary-General’s SDG Stimulus to Deliver Agenda 2030 offers recommendations on how to transform the global financial system, calling on the Group of 20 (G20) countries to endorse the SDG Stimulus, which outlines a three-point plan of action:  

  • Tackle the high cost of debt and rising risks of debt distress, including by converting short-term, high interest borrowing into long-term debt at lower interest rates; 
  • Massively scale up affordable long-term financing for development, especially through public development banks, including multilateral development banks, and by aligning all financing flows with the SDGs; and 
  • Expand contingency financing to countries in need. 

[Read UN News story and watch a replay of press briefing about SDG Stimulus launch.] 

With 2023 marking the midpoint of SDG implementation, the international community must accelerate progress on Goal 17, banking on key opportunities, such as the High-level Political Forum on Sustainable Development  in July, and the SDG Summit and the High-level Dialogue on Financing for Development in September.  


What to Watch For

At the halfway point to 2030 Agenda, the 2023 Financing for Sustainable Development Report: Financing Sustainable Transformation will argue that, as vulnerable countries have been left reeling by multiple global shocks, timely investment in sustainable industrial, energy and digital transformations is imperative. The report calls for reform of the international financial architecture, and a new generation of national-level industrial policies to achieve the SDGs. The report also analyses international progress on debt relief, aid delivery, science and technology, taxation, banking regulation, and sustainable public and private investment, and sets out concrete recommendations for Member States.  

Press Briefing: 

What: Launch of the Financing for Sustainable Development Report 2023

Who: UN Deputy Secretary-General Amina Mohammed (via video conference)

When: 11:15 a.m. EDT, 5 April 2023

Where: UN Press Briefing Room, S-237 (Live or on demand at UN WebTV http://webtv.un.org/)

Post-pandemic economic growth in developing Asia-Pacific countries weakened considerably in 2022 and is expected to remain weak in 2023. Not surprisingly, monetary tightening has gathered pace in many economies amid historical high inflation. This will have significant implications for the fiscal and debt positions of developing economies and thus their ability to pursue sustainable development and tackle climate challenges. This year’s Economic and Social Survey of Asia and the Pacific, produced by the UN Economic and Social Commission for Asia and the Pacific (ESCAP), offers new perspectives on fiscal and public debt analysis to help developing countries in the region step up their investments aimed at achieving the SDGs and maintaining public debt sustainability in the longer term. 

Press Briefing: 

What:   Launch of the Economic and Social Survey of Asia and the Pacific 2023

When:   Wednesday, 5 April 2023, 10.30am – 11.30am (UTC+7)

Where:  In-person at the Foreign Correspondents’ Club of Thailand and online via ZOOM

Register your in-person/online attendance here: https://bit.ly/APsurvey2023-launch

Key Speakers: 

  • H.E. Arkhom Termpittayapaisith, Minister of Finance, Thailand
  • Armida Salsiah Alisjahbana, UN Under-Secretary-General and Executive Secretary of ESCAP
  • Hamza Ali Malik, Director, Macroeconomic Policy and Financing for Development Division, ESCAP
  • Vatcharin Sirimaneetham, Chief, Macroeconomic Policy and Analysis Section, ESCAP

For more information: https://www.unescap.org/events/2023/launch-survey-2023-rethinking-public-debt

The 2023 Spring Meetings of the International Monetary Fund and the World Bank Group will take place from Monday, April 10 to Sunday, April 16. At the heart of the Spring Meetings are meetings of the joint World Bank Group/IMF Development Committee and the IMF International Monetary and Financial Committee, where progress on the work of the institutions is discussed. Other featured events include regional briefings, press conferences, and fora focused on international development, issues of debt, economic recovery, and climate. The theme for the Program of Events is “Reshaping Development for a New Era. 

Find a full schedule and registration information here. 

The ECOSOC Forum on Financing for Development follow-up is an intergovernmental process with universal participation mandated to review the Addis Ababa Action Agenda of 2015 and other financing for development outcomes and the means of SDGs implementation. The event, to be held at UN Headquarters in New York, will bring together heads of State and Government, ministers and high-level government officials as well as senior officials of international organizations. Civil society organizations, the business sector and local authorities will also be represented. For more information, visit the Forum site: https://www.un.org/development/desa/financing/what-we-do/ECOSOC/financing-development-forum/FFD-forum-home 

The SDG Investment Fair will take place at UN Headquarters, with the theme of “Making deals happen: Catalyzing Capital for Resilient and Sustainable Recovery”.  Focusing on emerging and frontier markets, the Fair showcases a range of SDG-aligned sustainable investment opportunities in sectors such as clean energy, agriculture, digitalization, and sustainable tourism.  The 8th edition of the Fair will also include coaching session for countries to help them pitch deals prior to the fair and the mini-exposition space for more informal interaction with investors and other agencies that can provide funding and technical support. 

Register here

For more information, visit the event website:  https://www.un.org/development/desa/financing/events/april-2023-sdg-investment-fair 

Coming Up

World Autism Awareness Day (2 April) 

This year, World Autism Awareness Day will be observed with a virtual event on Sunday, 2 April, from 10:00 a.m. to 1:00 p.m. EST. 

The event is organized in close collaboration with autistic people and will feature autistic people from around the world discussing how the transformation in the narrative around neurodiversity can continue to be furthered in order to overcome barriers and improve the lives of autistic people. It will also address the contributions that autistic people make – and can make – to society, and to the achievement of the Sustainable Development Goals. The event will be streamed on the UN’s  YouTube and  Twitterchannels, and on UN WebTV. 

International Day of Sport for Development and Peace (6 April) 

To mark the 10th annual International Day of Sport for Development and Peace (IDSDP) at UN Headquarters in New York, the UN Department of Global Communications in collaboration with UN Department of Economic and Social Affairs and the Permanent Missions of Monaco and Qatar to the United Nations, is hosting an in-person event on Thursday, 6 April 2023 at 10:30am ET in the ECOSOC Chamber. Join for a special event featuring elite athletes and leading figures from the world of sport. Experts from organizations such the International Olympic Committee (IOC), the National Basketball Players Association (NBPA) Foundation, the International Confederation for Professional Footballers (FIFPRO), the US Tennis Association (USTA), PUMA, Bleacher Report, and many others will discuss the creative and innovative ways that sport is helping to tackle climate change and advance sustainable practices; promote gender equality and human rights; and combat racism and hate speech. 

The event will also include a one-on-one conversation with legendary Inter Milan and Argentine footballer Javier Zanetti and a special video message from famed Côte d’Ivoire and Chelsea FC footballer Didier Drogba. Register here: bit.ly/IDSDP2023registration 

For more information, including the full programme and speaker details, please visit un.org/observances/sport-day/events 

World Health Day (7 April) 

On 7 April, the World Health Organization will observe its 75th anniversary. The theme this year is Health For All. In 1948, countries of the world came together and foundedWHO to promote health, keep the world safe and serve the vulnerable – so everyone, everywhere can attain the highest level of health and well-being.    

WHO’s 75thanniversary year is an opportunity to look back at public health successes that have improved quality of life during the last seven decades. It is also an opportunity to motivate action to tackle the health challenges of today  ̶  and tomorrow. For more information, please visit WHO website: https://www.who.int/campaigns/75-years-of-improving-public-health 

22nd Session of the Permanent Forum on Indigenous Issues (17-28 April) 

Indigenous Peoples from around the world will gather in New York for the annual session of the Permanent Forum on Indigenous Issues under the banner “Indigenous Peoples, human health, planetary and territorial health and climate change: a rights-based approach”.    

Speakers anticipated to participate include: 

  • Gustavo Petro, President of Colombia 
  • Deb Haaland, US Secretary of the Interior  
  • António Guterres, UN Secretary-General  
  • Csaba Kőrösi, President of the General Assembly 

From 17-20 April, there will also be a Media Zone, which indigenous and non-indigenous media are welcome to join. Register to join: https://bit.ly/40hLs1g 

International Mother Earth Day (22 April) 

International Mother Earth Day is a moment to encourage each other to live in harmony with nature and the Earth as our common home. Adopted in 2009, the Day recognizes a collective responsibility, as called for in the 1992 Rio Declaration, to promote harmony with nature and the Earth, to achieve a just balance among the economic, social, and environmental needs of the present and future generations of humanity. Learn more about the Day here and see how you can participate in this year’s activities to celebrate our home. 

ECOSOC Youth Forum (25-27 April) 

The Economic and Social Council Youth Forum will take place from 25 to 27 April in a hybrid format in New York. The Forum provides a platform for young people to engage in a dialogue with Member States and other actors to voice their views, concerns and galvanize actions on how to transform the world into a fairer, greener and more sustainable place guided by the Sustainable Development Goals (SDGs). 

The Youth Forum will address the theme of ECOSOC and the 2023 UN High-level Political Forum on sustainable development (HLPF) on “Accelerating the recovery from the coronavirus disease (COVID-19) and the full implementation of the 2030 Agenda for Sustainable Development at levels”. It will also review progress in the areas of clean water and sanitation (SDG 6), affordable and clean energy (SDG 7), industry, innovation and infrastructure (SDG 9), sustainable cities and communities (SDG 11), and partnerships for the goals (SDG17). Young people will also share their recommendations and innovative ideas in preparation of the SDG Summit, which will be held in September 2023. Further details can be found here.  

World Export Development Forum (26–29 June), Ulaanbaatar, Mongolia 

The Forum is the annual flagship event of the International Trade Centre (ITC). This year’s conference, hosted by the Government of Mongolia, explores trade-led solutions to challenges caused by conflict, climate, COVID and rising costs. The theme, “Diversify with Green Trade,” explores organic, digital and sustainable solutions to multiple crises. This year’s event reaches out especially to Asia-Pacific countries as well as landlocked developing countries. Find more information here: https://intracen.org/news-and-events/events/world-export-development-forum-2023 

Multi-Stakeholder Forum on Science, Technology and Innovation for the SDGs (3-4 May 2023) 

The Forum will facilitate discussions on science, technology and innovation cooperation in support of the SDGs. In addition to providing the mandated inputs for the High-Level Political Forum on Sustainable Development in July, the Forum will also take a broader look at the contribution of science, technology and innovation to the achievement of all the SDGs in the lead up to the SDG Summit, which serves as a mid-term review of SDG progress. Accordingly, the theme for the 2023 Forum is: “Science, technology and innovation for accelerating the recovery from the coronavirus disease (COVID-19) and the full implementation of the 2030 Agenda for Sustainable Development at all levels”. It will be held at UN Headquarters in New York. 

For more information, visit the Forum website: https://sdgs.un.org/tfm/STIForum2023