In progress at UNHQ

Private Sector Placing Profit ahead of People, Undermining Sustainable Development, Speaker Warns, as Forum on Financing for Development Continues

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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.

More Money Needed to Implement Sustainable Development Goals, Secretary-General Tells ECOSOC Financing for Development Forum, Calling 2019 ‘Defining Year’

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Following are UN Secretary-General António Guterres’ opening remarks to the 2019 ECOSOC [Economic and Social Council] Financing for Development Forum in New York today:

Mobilizing Private Investment Can Create Decent Jobs, Drive Growth, Top United Nations Trade Expert Tells Forum on Financing for Development

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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.