Nearly half of the 17 targets are either stalling or going backward, according to the report, which is also known as the annual SDG report card
The world's progress towards accomplishing the 17 Sustainable Development Goals (SDGs) is depicted in the 2024 Sustainable Development Goals (SDG) Report, which was just published by the UN, in a concerning way.
Nearly half of the 17 targets, or over a third, are either stalling or going backward, according to the report, which is also known as the annual SDG report card.
Failing score
During the press conference to introduce the comprehensive stocktake, UN Secretary-General António Guterres said, "The world is getting a failing grade." Development is being hampered by our inability to maintain peace, combat climate change, and increase international finance. We are running out of time to fulfil the Sustainable Development Goals, so we must move quickly.".
Significant Barriers
The COVID-19 pandemic's aftereffects, rising hostilities, geopolitical unrest, and intensifying climate chaos are all listed in the report as significant roadblocks to advancement. It was reported that, in comparison to 2019, 23 million more people were thrust into extreme poverty and over 100 million more people experienced hunger in 2022. Last year, the number of civilian deaths from armed conflict increased dramatically. With global temperatures getting close to the crucial 1.5°C threshold, 2023 was also the warmest year ever recorded.
Urgent Priorities
"We must not let up on our 2030 promise to end poverty, protect the planet, and leave no one behind," said Guterres, underscoring the critical need to increase international cooperation. Key priorities for addressing the deficit were delineated in the report.
Financing for Development
It first emphasised how important funding for development is. $4 trillion is the annual SDG investment gap in developing nations. To unlock funding, it is imperative to quickly expand fiscal room and funding as well as reform the global financial system.
Resolving Conflicts
It is equally important to resolve conflicts through negotiation and diplomacy. The need for peace is greater than ever, with almost 120 million people expected to be forcibly displaced by May 2024 and a 72 percent increase in civilian casualties between 2022 and 2023.
Implementation Surge
There is an urgent need for a surge in implementation in parallel. Adequate funding and strong collaborations are essential for promoting change in important sectors like food, energy, social security, and internet access.
The SDG Report for 2024 is a sobering reminder of how quickly action is required. The report emphasises the value of international cooperation and teamwork in accomplishing the SDGs as the globe struggles with these issues.