New York, 31 August 2022 (TDI): During, United Nations Developments Programme (UNDP) Board-Dialogue with the UNDP Administrator Achim Steiner on Tuesday, Italy’s Deputy Permanent Representative Stefano Stefanile stated,

“To overcome multidimensional crises, extraordinary efforts & mobilization of funds are needed by all actors. We need committed Governments, UN, IFIs, private sector, and civil society working together.”

The UNDP will provide more complex and cutting-edge development finance knowledge under its future smart Strategic Plan.

Remarks of UNDP Administrator :

The administrator of UNDP, Achim Steiner, stated that “Finance is core to UNDP’s 2022-2025 Strategic Plan.”

“We have set an ambitious but reachable goal of aligning $1 trillion with the Sustainable Development Goals (SDGs), coming from governments, United Nations entities, international financial institutions and private firms.

This is in line with a 2021 performance evaluation that called on us to play a strong and strategic role in influencing development finance policies.

Furthermore, all our solutions are grounded on our principles and their role as a multilateral organization that is widely trusted and owned by all.

Our vision is to transform local and global financing choices so they work for people and the planet at large, not just for a few people or select places.

We are doing this by finding pressure points that trigger shifts in systems of development finance, public and private. These pressure points include those that propel a move from the pursuit of profits to profits with purpose.”

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Italy-UNDP Partnership

Italy is a crucial partner in UNDP’s mission to end extreme poverty, decrease inequality, and accomplish the objectives of the 2030 Agenda for Sustainable Development. Moreover, in 2002 Italy increased substantially its core contributions to the agency.

The work of UNDP and the priorities of the Italian government coincide in many areas, particularly to support countries in achieving the Sustainable Development Goals (SDGs).

Furthermore, Italy also addressed the root causes of migration and fostered resilience to avert and lessen the effects of crisis and conflict.

Additionally, through the opening of the Africa Centre for Sustainable Development in Rome, UNDP assisted Italy in putting its G7 commitments into practice.

The Center’s objective is to spread the best practices for addressing climate change, access to water, food security, and sustainable energy to hasten Africa’s progress toward the SDGs.

Through UNDP, Italian assistance is improving people’s lives by assisting in the stabilization of communities. Moreover, Italy also helps UNDP in the restoration of institutions in some of the most difficult development environments in the world.