$50bn SDG-targeted investment proposals at SDG Investment Fair
Over 100 SDG-aligned projects with a total investment scope of $ 50 billion have been presented during the ...
UNDP’s 2022 AHDR: Properly-planned green recovery can contribute to economic growth
The Arab Human Development Report (AHDR) 2022 – issued by the United Nations Development Program (UNDP) – underlined that, if properly planned, green recovery measures can help diversify economies and contribute to growth, generating new and sustainable forms of revenue, creating green job opportunities, and enhancing resilience for communities and the ecosystems on which they depend for people’s lives and livelihoods.
The report – entitled “Expanding Opportunities for an Inclusive and Resilient Recovery in the Post-Covid Era” – issued several recommendations for an integrated and human-development-centered approach to recovery.
The recommendations included investment in enhancing accountability and responsiveness of governance systems and structures, through inclusive and participatory processes to rebuild citizens’ trust in government, strengthen freedoms, human rights and the rule of the law, and leave no one behind. These processes should engage local governments, the private sector, civil society, and citizens, as well as expand the role of local governments in responding to citizen’s needs, delivering services, and combating poverty and inequality.
The recommendations also included fostering economic diversification and resilience, by focusing investments on high-productivity goods and services, expanding exports through greater integration with global value chains, and tackling persistent unemployment and labor markets challenges through promoting job creation in the private sector, with decent working conditions, especially for women. This also entails improving the investment climate, strengthening public financial management through enhanced tax management, and boosting social spending to protect the poor and vulnerable.
The recommendations also called for enhancing social cohesion and inclusion, through inclusive and equitable access to quality social, health and education services; pursuing social cohesion and consensus-building initiatives; enabling greater civic participation and negotiation in the workplace; promoting gender responsive laws and investing in care policies and services; and ensuring inclusion of marginalized and vulnerable groups in all aspects of the recovery, especially women, migrants, refugees and people with disabilities.
The recommendations also urged ensuring that recovery pathways are green, through accelerating and scaling-up clean energy transition initiatives; expanding green transportation and infrastructure investments; closing gaps in water and waste services; incorporating circular economy solutions into local development; and advancing ecological restoration and safeguards for biological systems. The report underlines that, if properly planned, green recovery measures can help diversify economies and contribute to growth, generating new and sustainable forms of revenue, creating green job opportunities, and enhancing resilience for communities and the ecosystems on which they depend for people’s lives and livelihoods.
The AHDR reviewed impacts of the pandemic on human development across the region, as well as actions taken by Arab States to contain the outbreak and mitigate its most adverse impacts on people and the economy.
The AHDR 2022 argues that getting human development back on track in the post-pandemic era will require greater efforts to make governance systems more accountable and responsive, economies more diversified and competitive, and societies more cohesive and inclusive—in order to ensure a resilient recovery for all.
“The Arab States region has been experiencing various vulnerabilities and is notable for a diverse range of development contexts– but the rapid onset of the global pandemic challenged all to varying degrees, presenting new challenges, and exacerbating vulnerabilities. But as the report tells us, vulnerabilities are not our destiny” said Khalida Bouzar, UNDP Assistant Administrator and Director of RBAS. “Full of potential and brimming with innovative efforts, the region adopted many positive response measures that could be expanded and scaled-up beyond the Covid response. Knowledge and solutions to tackle the region’s challenges exist. Many are known and have been tested and shown to work. Our collective endeavor now is to create the conditions to allow these efforts to blossom and reach fruition.”
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