Media Advisory | After global shocks, new UN report to say trillions of dollars in SDG financing surge urgently needed

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WHO:         UN Deputy Secretary-General Amina J. Mohammed

WHAT:       Launch of the Financing for Sustainable Development Report 2024

Financing challenges are at the heart of the current sustainable development crisis. In the wake of the COVID-19 pandemic, increasing geopolitical tensions and intensifying climate shocks, financing gaps are widening. The 2024 Financing for Sustainable Development Report: Financing for Development at a Crossroads is expected to urgently call for the world to close a trillions of dollars financing gap and reform a global financial system which is not fit for the challenges of the 21st century.

The 2024 Financing for Sustainable Development Report, issued by the UN Secretary-General’s Inter-Agency Task Force on Financing for Development, is expected to offer concrete recommendations to scale up investments in the SDGs and recover lost ground. It will say that the Summit of the Future in September 2024 and the Fourth International Conference on Financing for Development Conference in June 2025 are the final opportunities to change trajectory.

WHEN:       9 April 2024, 12:30 pm (EDT)

after the noon press briefing by the Spokesperson of the UN Secretary-General

WHERE:     UN Press Briefing Room, S-237

Follow live on http://webtv.un.org/

***

Background:

  • The Financing for Sustainable Development Report 2024 is produced by UN DESA in close cooperation with the World Bank Group, IMF, WTO, UNCTAD, and UNDP. It includes the input of the over 60 United Nations Agencies and other international institutions that form the Inter-agency Task Force on Financing for Development.
  • The full report will be available on: https://financing.desa.un.org/iatf/fsdr2024 on 9 April 2024.
  • This report is the basis for discussions at the UN ECOSOC Forum on Financing for Development follow up, for government officials and other stakeholders, from 22 to 25 April 2024. The report also informs the SDG Investment Fair (23-25 April 2024), which brings together government officials and investors.

For more information, please contact:

Rita Ann Wallace, UN Department of Economic and Social Affairs | Mobile: +1 516 707 5570 | rita.wallace@un.org

Sharon Birch, UN Department of Global Communications | birchs@un.org


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