SDG remains unachievable without adequate funding: Momen

National Desk//

implementation of Sustainable Development Goals (SDGs) is at stake globally as currently the development partners are extending only three percent fund out of the proposed requirement.

“Unless adequate financing is available, SDGs will remain an unachievable and unfinished agenda goal,” he said.

The minister was speaking at a seminar on “Bangladesh’s Journey to SDGs: From Negotiations to Implementation” organized by the Dhaka University’s Department of International Relations at the foreign service academy in the capital.

He said as per the estimate, it requires 3.5 trillion to 11 trillion US dollars each year for achieving the SDGs worldwide.

“(However) currently, development partners, on average extend 156 billion a year which is nearly 3 percent of the proposed SDG requirement,” he said while terming technology transfer and financing as number one challenge in
means of SDG implementation.

“As the global economy is trying to recover from the supply chain disruption caused by the pandemic, the conflicts and uncertainties surrounding the Ukraine war is widening the already huge gap in financing needed to realize the SDGs,” he said.