The purpose of this conference is to encourage greater -cut investment for a fair and sustainable world.
For example, on average every dollar in girls’ education gives $ 2.80 returns, billions of dollars produce additional GDP (GDP).
Similarly, every dollar spent on water and hygiene saves $ 4.30 health care.
General mathematics, no miracles
This is not a miracle, but the results are proven by data. Mathematics does not see gender or infrastructure, it only shows the reality in number.
And, these statistics clearly indicate that it is beneficial for all countries that have the lowest resources and are also rich countries among those who benefit from it.
Invested in the right place, only a dollar can bring about a big change. For example, each person spends only $ 1 annually to fight against non-infectious diseases, then the death of nearly millions of millions of millions by 2030.
Similarly, investing $ 1 to reduce the risk of disasters, can save up to $ 15 in repayment.
Nevertheless, despite the evidence of this national view, there is often a misconception about development assistance, where some people consider it only grants, some consider it a means of gaining profit.
No grants, rights
The latest report of the UN Development Program (UNDP) challenges common perceptions about Afghan women’s entrepreneurs.
This report shows that these women are not demanding donations, they just want a fair opportunity, so that they can move forward with their hard work.
When women earn themselves, they become financially self -sufficient and this self -sufficiency also strengthens their communities.
Despite all the disadvantages, these women are creating ways, giving employment and making their own prosperous and whole life.
If women’s access to public and private financial resources is increased, loans are guaranteed, better conditions are provided to the international market and the support network is strengthened, they can not only follow their business but can create a better future for Afghanistan, Ecuador or in any country.
Challenges before the conference
These examples, such as education, health, entrepreneurs and disaster management, give a clear and data-based message that investing better in development is beneficial for everyone.
The same message should be held from June 30 to July 3 (2024) at the Center of the UN Finance Conference (FFD 4) held in Savil City, Spain.
However, the conference is facing a big challenge.
Recently at the UN headquarters in New York, the countries have agreed to a wide document, which will be adopted at the end of the conference and will decide on global development assistance.
However, some countries have already begun to retreat from this document. Specifically, the United States has announced that it will not send any representatives to the Seville Conference.
Although everything is not disappointing, Spain has increased its development money by 12 percent, in view of the uncertainty of the future, UN Secretary -Genral Antonio Guteresh has expressed concern that global cooperation is constantly interrogating.
This disbelief is reflected as a reduction in $ 4 trillion in development finances every year.
In addition, there is a huge decrease in the supply of retreat and support from previous promises, which describes the general secretary as “historical tihassic speed and scale crisis”.
In addition to these, continuous development goals (SDGs) that were jointly adopted by leaders around the world just 10 years ago, they have deviated from their steady path today.
What is the risk at the Sawel Conference?
Jayati Ghosh, a professor of economics at the University of McCusts at Amherst, believes that success in the Sawel Samelle is possible only when other countries of the world fulfill the global leadership empire and show their real commitment to polygon cooperation, because it is compulsory for our existence.
To move this direction, it is most important to improve deep and concrete in the international financial system. The existing structure protects the interests of developed countries, but failed to meet the needs of developing countries.
Just think, developing countries need to pay more interest than developed countries for their loans. Today, the average interest rate on loans taken by the private tors of these countries has reached the highest level of the last 15 years.
LOAN has taken away all …
Developing countries have spent a maximum of $ 1.4 trillion records in the last 20 years to repay the interests of the external Loan in 2023.
In 2021, more than 1.5 billion people in the world are living in countries where more than 20 percent of government revenue is being spent on rep.
At the same time, 2.2 billion people live in countries where this ratio is more than 10 percent.
If two examples are given, the interest paid on this loan creates a barrier to investment in the health structure and education services.
Thus, the debt reorganization is very important because most of the expectations for development are helpful in assisting and then the LOAN.
Development
These are not the main view of ending hunger, increasing gender equality, protecting the environment, fighting climate change and conservation of the ocean.
Although some extremist ideologies call the sustainable development goals (SDGs) a extremist agenda, in fact, these goals are the basis for sharing the entire humanity, which the leaders of that country adopted in the 21st.
Minister Anna Granados Gallindo believes that Sammelan is a symbol of global solidarity for Spain’s international cooperation.
He says that there is not too much voice to oppose development assistance and multilateral cooperation, they are in the minority.