United Nations calls for significant increase in SDG funding NIGERIA |
United Nations calls for significant increase in SDG funding NIGERIA | Facebook Share Button Twitter Share Button Pinterest Share Button Email Share Button Share Button Telegram Share Button WhatsApp Share Button Messenger Share Button Earn Money $500 bil lion a year for developing countries Development Goals (SDGs): These appeals effectively address emergencies related to the disruption of the global financial system, the effects of the current global crisis, the COVID-19 pandemic, the war in Ukraine and o ngoing climate change. The statement cites UN Secretary-General António Guterres as a warning when introducing SDG stimulus. “We must significantly increase long-term financing and improve the lending conditions of multilateral development banks by bringi ng all fiscal flows in line with the SDGs,” said the UN Secretary-General. We are talking about providing at least $500 billion a year and converting short-term loans into long-term debt at a lower interest rate. “In the midd