Recovery with care

The pandemic lockdowns and limits to mobility taught painful lessons about the importance of care. First, the pandemic forced us to recognize the value of care workers as essential and that we are dependent on a broad spectrum of essential workers. Second, a significant share of deaths occurred in long-term care homes, exposing the vulnerabilities of a long-neglected sector. Third, parents with school-age children felt the stresses of holding down a job while working from home at the same time that they are caring for their children and family members within a confined space.

Crucial to the achievement of the Sustainable Development Goals (SDGs) of the 2030 Agenda is SDG 17, “Strengthen the means of implementation and revitalize the Global Partnership for Sustainable Development”. Increasingly, discussions now take the form of multistakeholder partnerships and engagement with the business sector as a tool to mobilize finance for the SDGs or generate needed capacity - often to develop a pipeline of bankable projects. This partnership orientation has become a regular feature of the UN agenda, from the Economic and Social Council (ECOSOC) Operational Activities Segment in May 2022 to the High-Level Political Forum (HLPF) in July 2022.

Since the adoption of the 2030 Agenda on Sustainable Development, development finance has operated under conditions of low interest rates and high liquidity in global financial markets. This has changed with the recent turnaround in interest rates. The briefing paper Interest rate turnaround. A turning point for development finance? by Bodo Ellmers, describes the current trends, analyzes the implications for financing sustainable development in the Global South, and formulates policy recommendations on how countries in the Global South and their financing partners in the North can respond to the interest rate increases.

CONTRIBUTIONS TO THE DISCUSSION ON SOCIAL PROTECTION IN SOUTH AMERICA

The second videoconference will be “Los cuidados comunitarios en tiempos de COVID-19” on Wednesday, September 14, 2022 at 2:00 p.m. of Argentina / Brazil / Uruguay, confirm your local time here.

Speakers: Soc. Norma Sanchís (Argentina), Mag. Natalia Moreno (Colombia) y Lic. Alma Colin Colin (México). Moderation will be in charge of Alma Espino.

Since the 2012 United Nations Conference on Sustainable Development (Rio+20), the United Nations has annually convened the High-level Political Forum (HLPF) under the auspices of the UN Economic and Social Council annually and at Summit level under the auspices of the General Assembly every four years. The HLPF is the main mechanism through which UN Member States assess global progress on meeting the Sustainable Development Goals (SDGs) set by the 2030 Agenda for Sustainable Development. Member States can present their country reports on achieving the Sustainable Development Goals through Voluntary National Reviews (VNRs). The main SDGs for review at the 2022 HLPF were SDG 4 on quality education, SDG 5 on gender equality, SDG 14 on life below water, SDG 15 on life on land, and SDG 17 on global partnerships, with an overall theme on how the COVID-19 pandemic has impacted development progress.

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