NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

World falling behind on environment, health and hunger goals, UN report says

Published 06/16/2024, 11:56 PM
Updated 06/17/2024, 12:00 AM
© Reuters. FILE PHOTO: A labourer rests over a pile of recyclables at a yard in Peshawar, Pakistan, August 17, 2017. REUTERS/Fayaz Aziz/File Photo

SINGAPORE (Reuters) - The world is way off track on most of the sustainable development targets agreed in 2015, such as tackling poverty and hunger, says a United Nations report which cites funding shortfalls, geopolitical tensions and the COVID-19 pandemic.

The U.N.'s annual Sustainable Development Report ranks the performance of its 193 member states in implementing 17 wide-ranging "sustainable development goals" (SDGs), which also include improving access to education and health care, providing clean energy and protecting biodiversity.

It found that none of the 17 goals were on course to be met by 2030, with most targets showing "limited or a reversal of progress". It urged countries to address chronic funding shortfalls and also revamp the U.N. system itself.

"What this report is showing is that even before the pandemic hit, progress was already too slow," said Guillaume Lafortune, Vice President at the U.N. Sustainable Development Solutions Network (SDSN) and lead author of the report.

"Once the pandemic hit, and other crises - including military conflicts - then it is a story of stagnation."

The report identified the tackling of hunger, the creation of sustainable cities and the protection of biodiversity on land and water as particular areas of weakness. Political goals like press freedom have also seen a "reversal of progress".

It said Finland, Sweden and Denmark ranked at the top of the list of countries, and China has also made faster than average progress, but the world's poorest countries have fallen further behind.

Lafortune said developing countries needed more access to international finance, adding that institutions like credit rating agencies should be encouraged to take a country's long-term environmental and economic wellbeing into consideration, rather than just its short-term liquidity.

© Reuters. FILE PHOTO: A labourer rests over a pile of recyclables at a yard in Peshawar, Pakistan, August 17, 2017. REUTERS/Fayaz Aziz/File Photo

The report also assessed countries on their willingness to cooperate globally through U.N. institutions. The United States was ranked in last place.

"A large majority of countries are supportive of collaborating… but there are a number of great powers that do not play by the rules of the game," said Lafortune.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.