{"id":5600,"date":"2019-09-27T10:53:04","date_gmt":"2019-09-27T07:53:04","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=5600"},"modified":"2026-01-11T05:30:34","modified_gmt":"2026-01-11T05:30:34","slug":"afdb-calls-for-action-on-sdgs","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/09\/27\/afdb-calls-for-action-on-sdgs\/","title":{"rendered":"AfDB Calls for Action On SDGs"},"content":{"rendered":"\n

By Times Reporter<\/em><\/strong><\/p>\n\n\n\n

With an estimated 390 million\npeople living in extreme poverty, hunger and food insecurity, Africa is in a race\nagainst time to deliver on its regional and global development goals.<\/p>\n\n\n\n

African heads of state and\ngovernments met on the sidelines of the UN General Assembly on Sunday, to\nemphasize urgent collective action and the need for greater collaboration\nbetween the United Nations and the African Development Bank to fast-track\nAfrica\u2019s development.<\/p>\n\n\n\n

The meeting, convened by the\nAfrican Development and the United Nations, is \u201cthe first of its kind\u201d between\nthe two institutions taking place at the UN Headquarters, UN Deputy Secretary\nGeneral Amina Mohammed said.<\/p>\n\n\n\n

Underscoring the strong\nconvergence between the continent\u2019s 2030 Agenda for Sustainable Development,\nthe United Nation\u2019s Sustainable Development Goals and the African Development\nBank\u2019s High 5s, Mohammed said it was time to join forces to deliver.<\/p>\n\n\n\n

\u201cWe are entering into the\ndecade of action to deliver the SDG\u2019s. The investment requirements are vast,\u201d\nMohammed said. \u201cThe role of the African Development Bank is crucial to help\nde-risk investments and attract investment flows. Africa\u2019s premier institution\nneeds much more support\u201d she added.<\/p>\n\n\n\n

The leaders called for\nadditional resources to drive the urgent task of Africa\u2019s development.<\/p>\n\n\n\n

Speaking at the meeting, the\nPresident of the African Development Bank said, \u201cThe clock is ticking, the\nseconds are passing very fast, yet we still have time left on the clock. We can\nstill close the gap. I am fully convinced that with a change of pace, driven by\na greater sense of urgency, and global collective responsibility, Africa can\nstill achieve the SDGs\u201d.<\/p>\n\n\n\n

The two-hour meeting,\nmoderated by the African Development Bank, was attended by seven African\npresidents \u2013 from Chad, Democratic Republic of Congo, Ghana, Guinea, Ethiopia\nand Lesotho, in addition to representatives of some 30 governments.<\/p>\n\n\n\n

The leaders spoke of what had\nworked in their countries – including mainstreaming development goals into\nnational plans, scaling up initiatives, and the implications of harmonising\npolicies and strategic entry points for the implementation of development goals\nat national, regional and global level.<\/p>\n\n\n\n

Ambitious development\ninitiatives undertaken by the Bank with regional collaboration are already\nshowing success, such as Desert to Power, which aims to provide access to\nelectricity for 250 million people across the 11 countries of the Sahel, 90\nmillion of them through off-grid systems.<\/p>\n\n\n\n

Vera Songwe, Executive\nSecretary of the United Nations Economic Commission for Africa, called the SDGs\nAfrica\u2019s \u201chighest challenge.\u201d<\/p>\n\n\n\n

Stemming the tide of illicit\nfinancial flows, public debt and tax evasion would be urgent measures to be\ntaken by leaders if they meant to stay on track, she said.<\/p>\n\n\n\n

Areas for potential\ncollaboration include climate change in Africa, gender mainstreaming, promoting\nprivate sector investment, measures to utilize risk insurance to mitigate\nimpact of natural disasters in Africa and appropriate security arrangements to\nsupport the Bank\u2019s operations in fragile states in on the continent.<\/p>\n\n\n\n

The African Continental Free\nTrade Area, which came into force this year and creates the world\u2019s largest\nfree trade zone, will be another major area for collaboration under the\npartnership.<\/p>\n\n\n\n

An assessment by the United\nNations Development Program has clearly shown that achieving the Bank\u2019s High 5s\nwill allow Africa to achieve about 90 per cent of the SDGs.  \u201cSo, the\nfaster we deliver on the High 5s, the faster we will reach our goal and desired\ndestination,\u201d Adesina said.\n\nRead original\nArticle<\/a> On The New Times.<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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