Publications

GPW Briefing #38

By the GPW Team

In September 2022, heads of state and government spoke at the UN Headquarters on the theme “A watershed moment: transformative solutions to interlocking challenges”.

Secretary-General António Guterres’s message was clear: “Our world is in peril and paralyzed". He launched the High-level General Debate bluntly: “Our world is in big trouble. Divides are growing deeper. Inequalities are growing wider. Challenges are spreading farther.” He urged, “We need action across the board.”

“Let’s have no illusions. We are [...]

GPW Briefing #37

By Marina Durano

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 [...]

Why a fourth International Conference on Financing for Development is overdue

As Agenda 2030 passes its mid-way point, ambitious reforms will be required during its second phase if the Sustainable Development Goals (SDGs) are still to be achieved. A lack of financial resources is one of the main reasons why their implementation has fallen so far behind. The UN’s latest Financing for Sustainable Development Report has identified the “financial divide”, i.e. the lack of access to funds at favourable interest rates for countries of the Global South, as a key problem [...]

GPW Briefing #36

By Antje Hipkins and Elena Marmo

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 [...]

A turning point for development finance?

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. This briefing paper 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.

UN Monitor #30

By Antje Hipkins

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 [...]

GPW Round up #2

This GPW Round Up #2, Ensuring Social Protection for All, highlights the critical importance of universal social protection not only in recovering from the pandemic, but also its vital role to address pre-existing deep-seated inequalities between and within countries. It details gaps in social protection coverage and financing, especially in poor countries, and failures of the targeted, or means-tested approach, often promoted by IMF and World Bank.

The Round Up features comments and debates by Member [...]

GPW Round Up #1

This GPW Round Up #1, entitled “The Debt Crisis and Illicit Financial Flows” looks at the UN Secretary-General’s proposals in his report Our Common Agenda to address this crisis, starting with a Biennial Summit between the G20, ECOSOC and IFIs, and asks “Does Our Common Agenda provide solutions?”

At a time when Africa has lost US$ 1 trillion over 50 years to IFFs, more than it has received in development assistance, the Round Up features Member State statements [...]

How the UN Opened Its Doors to Private Funding and Networked Multilateralism

On 11 March 2022 at United Nations (UN) Headquarters in New York City, Secretary-General António Guterres addressed an audience of Member States, UN staff and other stakeholders at the final consultation meeting on his proposed Our Common Agenda. He urged Member States: “The process surrounding Our Common Agenda is an opportunity to recommit to our fundamental enduring principles while overhauling the practices of multilateralism for a new age.” The report details this new multilateralism to be “an inclusive, networked [...]

Once in a decade, the UN convenes a conference on the least developed countries (LDCs) to negotiate a programme of action, consisting of political agreements and international support measures. Financing for development in all its dimensions is an essential component of these programmes. The process that led to the Fifth UN Conference on Least Developed Countries and the Doha Programme of Action took place under the difficult conditions of the COVID-19 pandemic. Given the limited financial space that LDCs had [...]