After a week of substantive deliberations the 72nd session of the Commission has reached a productive end. The Agenda on the table was large, and the deliberations were intense, but the process saw member States strengthening their ownership of the Commission and laying the foundations for the next fifteen years of delivery on the 2030 Agenda and the Sustainable Development Goals.
The Belt and Road will bring a range of socioeconomic benefits to rural and under-served areas in China, as well as to its neighbors in Central Asia, Southeast Asia and beyond. In addition, the Initiative could become a platform for regional cooperation in implementing the 2030 Agenda for Sustainable Development and the Sustainable Development Goals, with a focus on integrating the three dimensions of sustainability across major international corridors to harness growth opportunities through global production networks and value chains.
Our region is widely recognized for its economic and development success. The rich traditions, business acumen and growing integration in Asia and the Pacific, as well as our determination to translate global commitments into national action, will drive implementation of the Sustainable Development Goals and lead the global shifts to more sustainable growth and development.
China deserves our compliments for the enhancement and strategization of the G20 agenda under its Presidency on the theme: “Towards an innovative, invigorated, interconnected and inclusive world economy.”
Financial inclusion is a worthy public policy goal. The broad contours of this objective are access to the full range of financial services – savings, credit, insurance and remittances – for all individuals and businesses, at a reasonable cost, under the umbrella of sound and safe institutions that are governed by clear regulations and industry performance standards.
ESCAP’s Special Body on Least Developed, Landlocked Developing and Pacific Island Developing Countries has been the key platform for our intergovernmental dialogue. Discussing issues of importance to all 36 of our countries with special needs (CSN) assumes more significance given that their special initiatives for development need to be aligned with and reinforce the 2030 Agenda for Sustainable Development.
In conclusion, I would like record the secretariat’s deep appreciation to our donors and development partners, many of whom are represented here. Together, we will further enhance ESCAP’s support to our member States’ implementation of the 2030 Agenda across Asia and the Pacific.
As this is the first Commission session to be held since the adoption, last September, of the 2030 Agenda for Sustainable Development, the focus of our discussions will be the implementation of the Sustainable Development Goals and their supportive tracks, including mobilization and coordination of finance; trade; investment; science, technology and innovation (STI); data and statistics; as well as climate and disaster resilience.
Effective implementation of the mutually reinforcing 2030 Agenda for Sustainable Development, financing for development and climate change agendas, requires revisiting development models, restructuring policies, regulations and institutions, as well as enhancing investment flows, while ensuring policy consistency, coherence and coordination.
Transforming our energy system is mission-critical for achieving sustainable development in Asia and the Pacific. There are many opportunities to rethink how we generate, share and consume energy to support growth, social progress and environmental protection. Regional cooperation is the key to unlocking many of these opportunities, which is why the Commission is so committed to working with you in this area.