Restore people's trust in global economy by implementing SDGs, urges Ban

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UN Secretary-General Ban Ki-moon at the opening of the 14th Session of the UN Conference on Trade and Development (UNCTAD) in Nairobi, Kenya. UN Webcast

People around the world are increasingly unhappy with the state of the global economy and the Sustainable Development Goals (SDGs) can help change that.

UN Secretary-General Ban Ki-moon made the remarks at the opening of the 14th session of the UN Conference on Trade and Development (UNCTAD) on Sunday.

Many are worried about the future because of issues like high inequality, stagnant incomes and the lack of jobs.

Jocelyne Sambira reports.

Every four years, UNCTAD Conferences bring together Heads of State and Government, ministers, people in business, civil society and academia.

These prominent players try to address issues like economic inequalities in trade, finance, technology and investment.

Delivering on the Sustainable Development Goals (SDGs) will be a major focus of this year's get-together.

The global trade slowdown and lack of investment has sharpened divides between the rich and poor, the Secretary-General warned.

Ban Ki-moon asked current as well as future leaders to reject protectionism and xenophobia, encouraging them to work to change the economic model for the better.

"My message to you today is that the SDGs represent the change we need to restore people’s trust in the global economy. The SDGs represent an enormous opportunity to make our economy work for dignity for all, prosperity for all and a better planet for all. UNCTAD – with its integrated approach to trade and development – has a vital role to play in implementing the interdependent, holistic sustainable development agenda."

The SDGs aim to end poverty in all its forms everywhere, ensuring people live in dignity and prosperity while protecting the plant.

This vision will not succeed, Mr Ban underscored, if the shocks in our global economic and financial system are not addressed.

Jocelyne Sambira, United Nations.

Duration: 1’22”




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