All branches of my family and friends have been questioning techforgood over 70 years now- by which we mean what dad with Economist audiences of 1970s first coined as entrepreneurial revolution: every next child flourishing because every community being invested in through servant leaders and SME innovators- if that's your kind of collaboration please get in touch chris.macrae@yahoo.co.uk MA Stats DAMTP Corpus Christi Cambridge -- currently in Wash DC & Glasgow; as Scots missionaries my parents who served in world war 2 hoped that was the end of tech for the few instead of tech and teach for all.. we're also prepping June 2023 Glasgow as 265th moral sentiments summit on purposes of markets and engineering. WE see 2020s web3 alumni as best chance to cure tragedies of fake media, AND celebrate millennials as first Sustainability Gen -huge thanks to ed3dao.com , SDGmetaverseprize.org, NFTSdgs.com and other benchmarks at worldclassdaos.com - and of course mathematicians like Satoshi since 2008WHY 163? London Scot James Wilson having founded The Economist in 1843, convinced Queen Victoria to launch commonwealth round a bank by and for the quarter of peoples on the India subcontinent. 163 year ago: she told him to go create Charter Bank; arriving in Calcutta 1860 Wilson died within 9 months of diarrhea. Local peoples had to wait another 112+ years until a womens bank was launched by Fazle Abed making end of diarrhea by oral rehydration one of its first educational purposes My father Norman was very lucky. He survived world war 2 as a teenage navigator allied bomber command Burma. Six years later he met V Neuman at Princeton who unluckily only had 6 years left due to cancer from nuclear bombsd. Neuman asked dad will train economist jouranlits to ask the most valuable question in the world: what goods will people do with 100 tukes more etch every decade 1930s to 2020s. Dad and numann had plenty of exambples of bads caused by rapid tech. I was born the same year 1951. To be honest it took me really long time to start to understand dad's next question about what he called peoples entrepreneurial revolution. But he made it clear that community griunded finacing and valuation of tecahers would be make or braeak to 21st c life. So lets start there

Thursday, April 14, 2022

Un report how much of finance is destroying sustainability of generations

https://www.un.org/development/desa/financing/post-news/financing-sustainable-development-report-2022  Guterres As we release this report on financing for sustainable development, the world is under enormous and

growing stress. And we, the international community, are failing to respond adequately. The COVID-19

pandemic is still raging, now in its third year. The climate crisis continues unabated and largely

unaddressed, pollution and biodiversity loss continue to threaten the health of the planet, and multiple

geopolitical conflicts are devastating untold lives.

The war in Ukraine is the latest in a cascade of crises for developing countries that continue to struggle to make

development progress, achieve vaccine equity and achieve a just and safe recovery. The cost of energy, food and

other commodities is rising, further intensifying volatility in global financial markets. There is a great danger that,

as our collective attention shifts to the conflict, we neglect other crises that will not go away.

It would be a tragedy if donors increased their military expenditure at the expense of Official Development Assistance and climate

action. It would also be self-defeating. Without more international support and a strengthened multilateralism, the world will diverge

further, inequality will soar, and prospects for an inclusive and prosperous future will be further undermined.

We must not lose sight of the commitment of the 2030 Agenda to leave no one behind, especially at this perilous moment. Developed

countries have been able to finance a rapid economic recovery from the pandemic, through massive fiscal support and aggressive

monetary policy responses. But most developing countries can afford neither, despite international support. Instead, they continue to

face increasingly high costs of lending and have had to cut their education and health budgets and other SDG investments, undermining

not only their recovery, but also their medium and long-term development prospects.

Finance is both a contributor to the divergence we are seeing between developed and developing countries and a key to overcoming

it. In my report, Our Common Agenda, I have identified key deficiencies in our global financial system that exacerbate inequalities and

drive risk. This year’s report on financing for sustainable development spells out actions designed to overcome the current paralysis of

international policy-making and build a better multilateralism that can address the multiple crises we face.

We must close the financing gaps that prevent so many countries from investing in recovery, climate action and the SDGs. Developed

countries must meet their ODA commitments, particularly to Least Developed Countries. We must take full advantage of our public

development banks to scale up long-term financing. And we must immediately and fully finance the Access to COVID-19 Tools

Accelerator so that vaccines can reach 70 per cent of the world’s population during the first half of 2022.

To build a more sustainable, inclusive and resilient global economy that works for all, we must also reform the international financial

architecture with rules that are inclusive, effective and fair. Our inability to address debt challenges in many countries speaks to the

glaring inequities that continue to characterize our global economic order.

As well as addressing the weaknesses of the Common Framework for Debt Treatment, we must urgently work toward a more

comprehensive solution to sovereign debt challenges. The United Nations can provide a neutral and inclusive venue to bring together

all countries, major creditors, debtors and other relevant stakeholders to discuss how to reform the international debt architecture. This

report provides the basis for such discussions.

It is time to abandon short-term profit maximization for the few and move towards a long-term outlook that integrates economic, social

and environmental justice and opportunity for all. To that end, we must align all financing policies with SDG and climate priorities—

government budgets, tax systems, investments, regulatory frameworks and corporate reporting requirements. And we must change

how we measure, and ultimately think of progress. In a world of interlinked and systemic risk, GDP is no longer an appropriate metric

of how we measure wealth and shared prosperity. We must find ways to take vulnerabilities into account more systematically in the

allocation of concessional financing and actions on debt.

I commend this report’s recommendations on how to close financing gaps and create a better international financing architecture. It is

time to change course.


previously 2018 https://www.youtube.com/watch?v=NmE226XidUg

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