Q. -20. Correct the following statement and rewrite :
1
The new sustainable development goals of the World Bank purpose ending poverty of all types by 2030.
Answers
Answer:
Explanation:
The World Bank Group’s Twin Goals, the SDGs, and the 2030 Development Agenda
The World Bank Group has a treaty-based relationship with the United Nations (UN) that dates back to its founding, and through that relationship, works to build a partnership that supports Member States and contributes to effective development outcomes while preserving the distinct mandates of each institution. Over the years, the WBG has collaborated with the UN in nearly every region and sector, and its engagement has deepened since the adoption of the Millennium Development Goals (MDGs), and now with the Sustainable Development Goals (SDGs).
2015 was a historic year with the adoption of a new approach to development finance through the Addis Ababa Action Agenda, the 2030 Agenda and the Sustainable Development Goals, a disaster risk framework in Sendai, and the Paris Climate Agreement at COP21. These efforts will guide the UN system and the UN-World Bank Group partnership through 2030. The SDGs are aligned with the World Bank Group’s twin goals of ending extreme poverty and boosting shared prosperity, and the WBG is working with client countries to deliver on the 2030 agenda through three critical areas: (i) finance, (ii) data, and (iii) implementation – supporting country-led and country-owned policies to attain the SDGs.
The Sustainable Development Goals adopted in 2015 are an historic global achievement. These 17 targets, in areas such as health, gender, jobs, and poverty reduction, are part of a comprehensive global agenda to end poverty in a single generation.
The SDGs, which were formulated with strong participation from the World Bank Group, are fully consistent with the World Bank Group’s own twin goals to end poverty and build shared prosperity in a sustainable manner.
Nearly 800 million people now live in extreme poverty – earning $1.90 per day or less. For the first time, the world has set a deadline for ending extreme poverty -- by 2030. Among the 17 SDGs, ending extreme poverty is goal number one, and it is the same for the World Bank Group.
Over the past years, the World Bank Group has made several commitments related to the 2030 Development Agenda, including, but not limited to: the MDBs agreement in Addis in 2015 to a collective $400 billion in development spending from 2016-2018, as well as measures to promote domestic resource mobilization; at our Annual Meetings in Lima, the Bank Group commitment to Household Budget Surveys for the 78 poorest countries; and the at Paris Agreement talks, the Bank Group’s announced targets for the percentage of our portfolio that will be climate financing.
The World Bank Group can help catalyze the SDGs and the rest of the 2030 agenda through thought leadership, global convening, and country-level uptake.
On thought leadership, a great deal of analytical rigor is required, and it is already underway, from the World Development Indicators, to the Trajectories for Sustainable Development Report, and expected adaptations to the Global Monitoring Report.
Our convening role as an institution will continue to involve us as leaders and members of global partnerships, of course exploiting the Bank’s own comparative advantages, while bringing along other partners to fill gaps, especially the private sector.
Finally, at country-level we need the World Bank Group listens to our country partners that are seeking to reach the SDGs. The SDGs and twin goals help us focus our conversations with country clients around shared goals, and solidify global partnerships to build durable global public goods to address the world’s toughest challenges -- such as fragility, climate change, pandemics, or stunting -- each which has devastating effects on the poor and vulnerable.
Each year will bring new challenges and opportunities for engagement. The Bank Group has unique assets in financing and knowledge which can contribute to the development of more durable global public goods to address global challenges. Each of these require action immediately if we are to have an impact by 2030 – the year we aspire to achieve both the World Bank Group’s twin goals, and the SDGS
Answer:
Taking inequality
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