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Post at: Jul 28 2021

Sustainable Development Report, 2021

Recent Context

  • On June 14, 2021, the ‘Sustainable Development Report’, 2021 was released by UN Sustainable Development Solution Network (SDSN).
  • The 2021 report shows the first ever reversal in progress since the Sustainable Development Goals (SDGs) were adopted in 2015, driven “to the large extent by increased poverty rates and unemployment” related to the COVID-19 pandemic.
  • The Sustainable Development Report (SDR) synthesizes metrics and data to allow all 193 countries to view how they perform on SDG and how they achieve 2030 agenda.

Key Findings of the Report

  • All countries in the top 20 apart from Croatia are OECD (Organization for Economic Co-operation and Development) countries.
  • The most progress is found in Bangladesh, Afghanistan and Cote ‘d Ivoire.
  • On a regional level, the region with the most progress has been East and South Asia.
  • Countries with the sharpest declines in SDG scores since 2015 include Brazil, Venezuela and Tuvalu.

India & Its Neighbour Countries 

BRICS Countries

Least Progressed Countries

Why Low-Income Developing Countries (LIDCs) have poor progress in SDG-
 

  • Low income developing countries (LIDCs) lack the fiscal space to finance emergency response and investment led recovery plans aligned with the SDGs.
  • COVID-19 has highlighted the limited capacity of LIDCs to tap market financing.
  • While the government of high-income countries have borrowed heavily in response to the pandemic.
  • LIDCs are unable to do so because of their lower market creditworthiness.
  • As a short-term result, rich countries are likely to recover from the pandemic more quickly than poor countries.

How to achieve the SDGs

  • Achieving the SDGs requires success in realizing six major transformations-

 

Yogesh Pratap Singh


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