PAGE brings forward the debate on policy and investment shifts needed to spark the system-wide socioeconomic transformation

June 15, 2022
PAGE brings forward the debate on policy and investment shifts needed to spark the system-wide socioeconomic transformation

Debate on policy and investment shifts

On June 2nd 2022 UNEPILOUNDPUNIDO and UNITAR under the auspices of the UN Partnership for Action on the Green Economy (PAGE) hosted the event as a part of Stockholm+ 50 Conference aiming to revisit finance and economics and to gear action for accelerating a green economy transformation that could tackle climate change, nature loss, pollution and socioeconomic inequalities in tandem. Representatives from governments, official development bodies, heads of UN agencies, academics and finance institutions gathered to discuss which policy and investment shifts are needed to spark the system-wide socioeconomic transformation to ensure prosperity and well-being for all.

¨Stockholm+50 presents an important opportunity to renew our commitment to the environment agenda in difficult times. PAGE is one of several UN flagship initiatives that are delivering on the desired outcomes of the Stockholm+50 Conference, ¨ stated Nikhil Seth, UN Assistant Secretary-General; Executive Director, United Nations Institute for Training and Research (UNITAR)

The position of the Kyrgyz Republic for the Stockholm+50 Conference underlines the country’s commitment to the implementation of the Agenda 2030 for Sustainable Development and that the quality and standard of living, the rights and obligations of people are at the centre of state policy. Although the socio-economic development of the country has been driven by complex political processes in recent years like the challenges of climate change, the financial crisis, and, of course, the COVID-19 pandemic, Kyrgyzstan puts efforts to restore economic and social stability by adopting a package of priority measures that included elements of a green recovery.

According to Mr.Isanov Almaz, Head of political and economic research department of the Presidential administration of the Kyrgyz Republic, participation of Kyrgyzstan in Stockholm+50 was an important moment to reimagine the creation of a fairer economic system, to think about reinventing the structures that have caused environmental degradation and to look toward a society that offers everyone the opportunity to live a healthy, fair life.

During his speech, Mr.Isanov said - “Kyrgyzstan has declared this year as a year of mountain ecosystem protection and sustainability. As a part of this national campaign, a green legacy for climate sustainability and an intensive increase for forests was initiated. Kyrgyzstan actively supports the development of a special UN programme for mountainous forests and invites the international partners and organizations to support the initiative.”

The Stockholm+50 process for our country is an opportunity to evaluate progress and stimulate activities aimed at achieving the Sustainable Development Goals. The process of forming the Position of the State was accompanied by broad national consultations, including the participation in this process of deputies of the Jogorku Kenesh, the Cabinet of Ministers, government bodies, academic and business communities, representatives of the financial sector, women, youth and representatives of civil society, as well as with the participation of representatives of all seven regions of the country.

PAGE has also supported the Stockholm+50 worldwide consultations under the Leadership dialogue 3: ¨Accelerating the implementation of the environmental dimension of sustainable development in the context of the decade of action and delivery for sustainable development”.

In Kyrgyzstan, PAGE is increasingly working across the UN system and in close collaboration with National partners to respond to the country’s needs on lessening poverty and increasing the effectiveness in reaching Sustainable Development Goals. Linear and fossil-based economic and finance models of the past are no-longer an option in a world of increasing planetary crisis. Times of multiple and interconnected global crises call for broad-based partnerships that address economic, social and environmental dimensions in tandem and create resilience, sufficiency and increased capacities for human wellbeing and prosperity.

The session with prominent leaders invited by PAGE is available here.

The complete position statement of the Kyrgyz Republic for the Stockholm+50 Conference is here.