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An international plan to finance sustainable development goals
Syrian refugee camp in Erbil, Iraq.
Friday, July 17, 2015
More than 100 countries agreed on a framework agreement to finance a variety of ambitious development goals, ranging from the fight against poverty to address the effects of climate change by 2030.
However, the meeting did not give a global tax body greater powers to help developing countries to extract more revenue from large corporations.
And laid the agreement announced Thursday, in the Ethiopian capital Addis Ababa, the means for developing countries to implement the so-called seventeen goals of sustainable development, mobilizing domestic resources, such as taxes and to mobilize private sector investment and the delivery of foreign aid.
It will be resolved and sustainable development objectives, by the General Assembly of the United Nations to be approved in September, will replace the eight Millennium Development Goals, which helped focus attention on the needs of the poor over the past fifteen years.
Analysts say the fulfillment of the goals of sustainable development by 2030 will costs between $ 3.3 trillion and $ 4.5 trillion a year of government expenditures, investments and aid, an amount roughly equivalent to the federal budget of the United States of 1916, amounting to $ 3.8 trillion.
According to United Nations Conference on Trade and Development (UNCTAD) that the current spending on infrastructure, education and health behind financing gap of about $ 2.5 trillion, would have to be large part of private businesses comes.
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Syrian refugee camp in Erbil, Iraq.
Friday, July 17, 2015
More than 100 countries agreed on a framework agreement to finance a variety of ambitious development goals, ranging from the fight against poverty to address the effects of climate change by 2030.
However, the meeting did not give a global tax body greater powers to help developing countries to extract more revenue from large corporations.
And laid the agreement announced Thursday, in the Ethiopian capital Addis Ababa, the means for developing countries to implement the so-called seventeen goals of sustainable development, mobilizing domestic resources, such as taxes and to mobilize private sector investment and the delivery of foreign aid.
It will be resolved and sustainable development objectives, by the General Assembly of the United Nations to be approved in September, will replace the eight Millennium Development Goals, which helped focus attention on the needs of the poor over the past fifteen years.
Analysts say the fulfillment of the goals of sustainable development by 2030 will costs between $ 3.3 trillion and $ 4.5 trillion a year of government expenditures, investments and aid, an amount roughly equivalent to the federal budget of the United States of 1916, amounting to $ 3.8 trillion.
According to United Nations Conference on Trade and Development (UNCTAD) that the current spending on infrastructure, education and health behind financing gap of about $ 2.5 trillion, would have to be large part of private businesses comes.
[You must be registered and logged in to see this link.]
