In progress at UNHQ

Development


DSG/SM/1276-DEV/3398

Following are UN Deputy Secretary-General Amina Mohammed’s remarks, as prepared for delivery by Jens Wandel, Special Adviser to the Secretary-General on Reforms, at the opening ceremony of the third edition of the Forum of the Countries of Latin America and the Caribbean on Sustainable Development, in Santiago today:

ECOSOC/6975

Describing a “race to the bottom” in which multinational corporations enjoy lower and lower tax rates around the globe, delegates at the Economic and Social Council’s forum on financing for development follow-up today stressed that such practices are slicing deep into the funds countries need to achieve the Sustainable Development Goals by their 2030 deadline.

ECOSOC/6974

Four years after the roll‑out of the Addis Ababa Action Agenda, the gap in financing the Sustainable Development Goals has widened, the chief United Nations trade expert told the forum on financing for development follow-up today, as participants explored ways to mobilize domestic resources, curb corruption and create enabling environments for increased investment in their economies.