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Wednesday November 27, 2024

Bilawal urges mobilising resources for SDGs

Bilawal recalled the multiple crises posed by Covid-19 pandemic, climate change and geo-political developments, with disproportionate and devastating impacts on the Global South

By Mariana Baabar
May 10, 2022
Bilawal Bhutto Zardari. Photo: The News/File
Bilawal Bhutto Zardari. Photo: The News/File

ISLAMABAD: In his first high-level meeting, Foreign Minister Bilawal Bhutto Zardari, while calling the international community to mobilise adequate resources for Sustainable Development Goals (SDGs), appreciated China’s initiative to launch the Global Development Initiative (GDI) and termed it a useful platform to accelerate and coordinate efforts for implementing the globally agreed SDGs.

The foreign minister was speaking at the GDI meeting held in virtual format in New York on Monday, said the Foreign Office. “Pakistan resolves to further strengthen its all-weather strategic cooperative partnership with China, including through the rapid implementation of the China-Pakistan Economic Corridor (CPEC), a flagship project of the Belt and Road Initiative (BRI), Pakistan will continue its efforts to enhance cooperation with China through CPEC, to advance its national implementation of SDGs, in addition to participating actively in the work of the GDI Group of Friends to promote the common aspiration of a peaceful, prosperous and shared future for all mankind,” said the foreign minister.

He recalled the multiple crises posed by Covid-19 pandemic, climate change and geo-political developments, with disproportionate and devastating impacts on the Global South. In this regard, he expressed deep concern over the reversal of progress in the implementation of SDGs.

Looking for a way forward, the foreign minister urged the GDI Group of Friends to address the challenges faced by the developing world and support emergency actions to increase cooperation in public health and vaccine equity, ensure food security, enhance energy production, promote global green economy, stimulate trade and industrialisation, and eliminate the digital divide.

He noted that the multiple crises have enlarged the gap in financing for development and called upon the international community to mobilise adequate resources for SDGs and fulfil the commitment of providing at least $100 billion annually in climate finance.

Earlier, President Xi Jinping of China put forward the Global Development Initiative during his address to the 76th session of the UN General Assembly in September 2021. In January 2022, China launched a Group of Friends of GDI in New York – which was joined by Pakistan and more than 50 other countries – as an informal cooperation and coordination mechanism for strengthening policy dialogue, sharing best practices, and promoting practical cooperation on realising the SDGs to advance the objectives of GDI.