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UN PhotoThe SDG Stimulus: Scaling up long-term affordable financing for the SDGs (SDG Action Weekend, Acceleration Day, High Impact Initiatives)
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01:44:36
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Broadcasting UN Entity
Summary
Implementation of the SDG Stimulus and its elements will require mobilizing broad support from developed and developing countries for ambitious actions in the governing boards of the International Finance Institutions. The session provides an opportunity for champion countries to further demonstrate their support for the SDG Stimulus and its elements and announce concrete steps they intend to take to work towards its implementation in relevant forums and governing boards.
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Leading & Collaborating Agencies:
- UN DESA
- UNDP
- UNCTAD
The SDG Stimulus aims to offset challenging market conditions faced by developing countries — limited access to capital, high cost of borrowing, debt distress, and severe poverty — and accelerate progress towards the SDGs by mobilizing investment in sustainable development and supporting the creation of a new financial architecture that is just, inclusive, and equitable.
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To maximize the SDG Summit's impact, the Secretary General is convening an SDG Action Weekend, which will generate opportunities for stakeholders, UN entities, and Member States to convene inside the United Nations Headquarters and set out specific commitments and contributions to drive SDG transformation between now and 2030.
The SDG Action Weekend will consist of the SDG Mobilization Day on Saturday, 16 September, and the SDG Acceleration Day on Sunday, 17 September at UNHQ in New York.
- The SDG Mobilization Day (16 September) will create an opportunity for stakeholders from all sectors to convene inside the United Nations Headquarters and mobilize towards an ambitious SDG Summit and UN General Assembly High-Level Week.
- The SDG Acceleration Day (17 September 2023) will propel stakeholders from ambition to action by highlighting how the High Impact Initiatives, multigenerational campaigns such as Generation Equality, and cross-SDG impact catalysers such as SDG Digital can accelerate collective achievement.
The SDG Summit on 18-19 September will mark the mid point of the SDGs. It must secure the breakthroughs and momentum needed to change course and achieve the SDGs by 2030. To maximize the Summit's impact, the Secretary General is convening an SDG Action Weekend, which will generate opportunities for stakeholders, UN entities, and Member States to convene inside the United Nations Headquarters and set out specific commitments and contributions to drive SDG transformation between now and 2030.