Antonio Guterres
Antonio Guterres

United Nations Secretary-General Antonio Guterres said Friday that some 1.5 trillion U.S. dollars is needed annually to fill the financing gap for the Sustainable Development Goals (SDGs).

“To make serious progress, we need to fill the financing gap for the Sustainable Development Goals – some 1.5 trillion U.S. dollars per annum,” the UN chief said at the opening ceremony of the 43rd Annual Meeting of Ministers for Foreign Affairs of the G77 and China, while voicing his appreciation to the group for its “pledges and commitments” at Monday’s Climate Action Summit, at the Sustainable Development Goals Summit and the High-Level Dialogue on Financing for Development.

“We need a strong focus on resilience, as well as financing for adaptation, including through a significant replenishment of the Green Climate Fund,” he said.

“The G77 and China are on the frontlines of multilateralism and of support for a strong United Nations, consistent with your founding principles,” said the UN chief.

“The G77 has been at the forefront of efforts for the successful implementation of the Paris Agreement and of the 2030 Agenda for Sustainable Development,” he added.

“You have been the most persistent voice in insisting that the international community lives up to its common but differentiated responsibilities,” said the secretary-general. Enditem

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