10 July 2020, 9:00-10:00 am EDT
The mobilization of adequate resources is vital to achieve a resilient and sustainable recovery from Covid-19. Building back better from the economic fallout caused by the pandemic will require aligning economic activity with the 2030 Agenda and targeting resources to sectors that can enable countries to restart the economy and achieve green, sustainable and resilient growth. Reverting to business as usual is not an option—limited resources must be channeled toward the 2030 Agenda. Building adequate fiscal space to invest in the recovery is vital, requiring actions to tackle debt challenges, safeguard tax revenues and scale up concessional financing, particularly for the most vulnerable countries.
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Proposed guiding questions:
- What policy measures and financing options can enable countries to build back better and achieve a resilient and sustainable recovery?
- How can the economy be aligned with the 2030 Agenda and Paris Agreement, and how can the recovery preserve the environment and build resilience to climate change and other global risks?
- What steps are needed at the global level to support the most vulnerable countries and people to achieve a resilient and sustainable recovery?
Chair:
- H.E. Ms. Mona Juul, President of Economic and Social Council
Moderator:
- Ms. Annalisa Prizzon, Senior Research Fellow, Overseas Development Institute (ODI)
Resource persons:
- H.E. Mr. Ryan Straughn, M.P., Minister, Ministry of Finance, Barbados
- Mr. Jorge Moreira da Silva, Director, OECD Development Co-operation Directorate
- Ms. Sharinee Shannon Kalayanamitr, Partner, Gobi Partners, Thailand
Lead discussant:
- Mr. Ambroise Fayolle, Vice-President, European Investment Bank
- Ms. Lidy Nacpil, Coordinator, Asian Peoples’ Movement on Debt and Development, Philippines (Civil Society Financing for Development Group)
Followed by interactive discussion
Respondent:
- H.E. Ms. Marie-Gabrielle Ineichen-Fleisch, State Secretary, Director of the State Secretariat for Economic Affairs, Switzerland