{"disclaimer":"Transcripts available through this tool are created by using automatic speech recognition and are not official records nor official documents of the United Nations. Official records and official documents are available on the Official Document System of the United Nations.","url":"https://transcripts.un.org/en/asset/k1j/k1jcg2nklf","llms":{"note":"Plain-text sibling of this page, compact for LLM context. For the full API guide (search, listing, URL grammar) see /llms.txt.","textUrl":"/en/asset/k1j/k1jcg2nklf.txt","guide":"/llms.txt"},"video":{"id":"k1j/k1jcg2nklf","kaltura_id":"1_jcg2nklf","title":"Second Plenary Meeting - 4th International Conference on Financing for Development FFD4 (Sevilla, Spain)","clean_title":"Second Plenary Meeting - 4th International Conference on Financing for Development FFD4 (Sevilla, Spain)","url":"https://webtv.un.org/en/asset/k1j/k1jcg2nklf","date":"2025-06-30T00:00:00.000Z","scheduled_time":"2025-06-30T13:00:00.000Z","status":"finished","duration":"03:21:50","category":"Conferences","body":null,"event_code":null,"event_type":null,"session_number":null,"pv_symbol":null,"pv_part":null,"slug":"asset/k1j/k1jcg2nklf"},"metadata":{"summary":"The plenary meetings of the 4th International Conference on Financing for Development (FFD4) will serve as a central platform for governments and stakeholders to present their statements, share national, regional and institutional perspectives on financing sustainable development, and make global calls to action.","description":"The plenary meetings will be at the heart of the FFD4 Conference. Over eight sessions, world leaders, ministers, and senior officials will share their experiences, challenges, priorities and initiatives for financing the Sustainable Development. The general debate will offer a broad view of how countries are addressing issues such as debt, climate finance, inequality, and the need for stronger international cooperation. It will also be a space to propose ideas, strengthen partnerships, and call for concrete action to close the gap in financing for sustainable development. Through these statements, the plenaries will help set the direction of the Conference, reflect shared concerns, and build momentum around the need for urgent and coordinated efforts to support the 2030 Agenda.","categories":["Meetings & Events","Conferences","International Conference on Financing for Development","Fourth Session"],"geographic_subject":[],"subject_topical":["DEVELOPMENT FINANCE","COOPERATION"],"corporate_name":["INTERNATIONAL CONFERENCE ON FINANCING FOR DEVELOPMENT - FFD","DEPARTMENT OF ECONOMIC AND SOCIAL AFFAIRS - DESA"],"speaker_affiliation":[],"related_documents":[{"title":"More Info","url":"https://financing.desa.un.org/FFD4"}]},"transcript":{"transcript_id":"azure-llm-speech-fc500e1c-08a6-4fbc-80d1-3ce791482c34","language":"en","data":[{"statement_number":1,"start":0.11,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=1","paragraphs":[{"sentences":[{"text":"Statements in the general debate should not exceed five minutes, although there will be some flexibility shown for 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with longer statements are encouraged to read a shorter version of their text and to submit the full length of their statement for posting in the Journal of the United 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assist speakers in managing their time, a timer is being projected on the screen.","start":21.95,"end":28.67,"topics":[],"words":[{"text":"To","start":21.95,"end":22.07},{"text":"assist","start":22.07,"end":22.43},{"text":"speakers","start":22.43,"end":23.23},{"text":"in","start":23.31,"end":23.87},{"text":"managing","start":24.03,"end":24.51},{"text":"their","start":24.51,"end":24.67},{"text":"time,","start":24.67,"end":25.15},{"text":"a","start":25.63,"end":25.67},{"text":"timer","start":25.67,"end":26.43},{"text":"is","start":27.15,"end":27.39},{"text":"being","start":27.39,"end":27.59},{"text":"projected","start":27.59,"end":28.07},{"text":"on","start":28.07,"end":28.19},{"text":"the","start":28.19,"end":28.27},{"text":"screen.","start":28.27,"end":28.67}]},{"text":"I now have the honor to invite His Excellency Jakov Milakovic, the President of Montenegro, to address the 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conference brings us back to what is essential, investing in sustainable development goals, which remain the most compelling roadmap for peace, for stability and for prosperity around the world.","start":160.47,"end":180.23,"topics":[],"words":[{"text":"This","start":160.47,"end":160.95},{"text":"conference","start":160.95,"end":161.75},{"text":"brings","start":163.11,"end":163.51},{"text":"us","start":163.51,"end":163.83},{"text":"back","start":165.27,"end":165.47},{"text":"to","start":165.47,"end":165.63},{"text":"what","start":165.63,"end":165.99},{"text":"is","start":165.99,"end":166.19},{"text":"essential,","start":166.19,"end":166.87},{"text":"investing","start":166.95,"end":167.83},{"text":"in","start":167.91,"end":168.23},{"text":"sustainable","start":168.23,"end":168.75},{"text":"development","start":168.75,"end":169.19},{"text":"goals,","start":169.19,"end":169.67},{"text":"which","start":169.67,"end":170.23},{"text":"remain","start":170.23,"end":171.75},{"text":"the","start":171.99,"end":172.07},{"text":"most","start":172.07,"end":172.63},{"text":"compelling","start":172.79,"end":173.51},{"text":"roadmap","start":173.51,"end":174.31},{"text":"for","start":174.87,"end":175.11},{"text":"peace,","start":175.11,"end":175.67},{"text":"for","start":176.47,"end":176.63},{"text":"stability","start":176.63,"end":177.51},{"text":"and","start":177.67,"end":178.23},{"text":"for","start":178.47,"end":178.87},{"text":"prosperity","start":178.87,"end":179.51},{"text":"around","start":179.51,"end":179.71},{"text":"the","start":179.71,"end":179.79},{"text":"world.","start":179.79,"end":180.23}]},{"text":"And this is not but empty rhetorics, but rather a political goal and the main motivation underpinning the 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choice.","start":191.51,"end":196.23,"topics":[],"words":[{"text":"Eight","start":191.51,"end":191.67},{"text":"years","start":191.67,"end":191.83},{"text":"ago,","start":191.83,"end":192.31},{"text":"Montenegro","start":192.95,"end":193.59},{"text":"made","start":193.59,"end":193.91},{"text":"a","start":193.99,"end":194.07},{"text":"bold","start":194.07,"end":194.71},{"text":"political","start":194.87,"end":195.51},{"text":"choice.","start":195.51,"end":196.23}]},{"text":"We became the world's first constitutionally declared ecological state.","start":197.27,"end":202.63,"topics":[],"words":[{"text":"We","start":197.27,"end":197.47},{"text":"became","start":197.47,"end":197.91},{"text":"the","start":197.91,"end":198.03},{"text":"world's","start":198.03,"end":198.63},{"text":"first","start":198.95,"end":199.35},{"text":"constitutionally","start":199.99,"end":200.75},{"text":"declared","start":200.75,"end":201.35},{"text":"ecological","start":201.39,"end":202.07},{"text":"state.","start":202.07,"end":202.63}]},{"text":"Today, As President of Montenegro, I reaffirm our unwavering commitment to sustainability, not just as a developing pathway, but as the foundation for our democratic values, our future in the European Union, and our global responsibility.","start":203.87,"end":225.59,"topics":[],"words":[{"text":"Today,","start":203.87,"end":204.47},{"text":"As","start":205.19,"end":205.35},{"text":"President","start":205.35,"end":206.07},{"text":"of","start":206.15,"end":206.31},{"text":"Montenegro,","start":206.31,"end":207.03},{"text":"I","start":207.67,"end":207.83},{"text":"reaffirm","start":207.83,"end":208.55},{"text":"our","start":208.71,"end":209.03},{"text":"unwavering","start":209.03,"end":209.91},{"text":"commitment","start":210.31,"end":211.11},{"text":"to","start":211.67,"end":212.07},{"text":"sustainability,","start":212.07,"end":213.11},{"text":"not","start":214.55,"end":214.75},{"text":"just","start":214.75,"end":215.11},{"text":"as","start":215.11,"end":215.31},{"text":"a","start":215.31,"end":215.35},{"text":"developing","start":215.35,"end":215.95},{"text":"pathway,","start":215.95,"end":216.63},{"text":"but","start":217.27,"end":217.43},{"text":"as","start":217.43,"end":217.67},{"text":"the","start":217.67,"end":217.75},{"text":"foundation","start":217.75,"end":218.63},{"text":"for","start":218.71,"end":219.03},{"text":"our","start":219.03,"end":219.19},{"text":"democratic","start":219.19,"end":219.83},{"text":"values,","start":219.83,"end":220.55},{"text":"our","start":221.11,"end":221.27},{"text":"future","start":221.27,"end":221.83},{"text":"in","start":221.83,"end":221.99},{"text":"the","start":221.99,"end":222.11},{"text":"European","start":222.11,"end":222.55},{"text":"Union,","start":222.55,"end":223.03},{"text":"and","start":223.75,"end":223.95},{"text":"our","start":223.95,"end":224.07},{"text":"global","start":224.07,"end":224.47},{"text":"responsibility.","start":224.47,"end":225.59}]},{"text":"And by this occasion, I would like to summarize our vision and commitment to three key messages.","start":226.71,"end":234.55,"topics":[],"words":[{"text":"And","start":226.71,"end":226.83},{"text":"by","start":226.83,"end":226.95},{"text":"this","start":226.95,"end":227.19},{"text":"occasion,","start":227.19,"end":227.75},{"text":"I","start":228.39,"end":228.55},{"text":"would","start":228.55,"end":228.71},{"text":"like","start":228.71,"end":229.27},{"text":"to","start":229.35,"end":229.51},{"text":"summarize","start":229.51,"end":230.31},{"text":"our","start":230.31,"end":230.47},{"text":"vision","start":230.47,"end":231.03},{"text":"and","start":231.35,"end":231.51},{"text":"commitment","start":231.51,"end":232.47},{"text":"to","start":233.03,"end":233.19},{"text":"three","start":233.19,"end":233.51},{"text":"key","start":233.51,"end":233.67},{"text":"messages.","start":233.67,"end":234.55}]},{"text":"Number one, for Montenegro, sustainable development is not just a policy goal, it's a national identity.","start":235.19,"end":243.67,"topics":[],"words":[{"text":"Number","start":235.19,"end":235.51},{"text":"one,","start":235.51,"end":235.91},{"text":"for","start":236.71,"end":236.95},{"text":"Montenegro,","start":236.95,"end":237.67},{"text":"sustainable","start":237.83,"end":238.55},{"text":"development","start":238.55,"end":239.35},{"text":"is","start":239.83,"end":239.99},{"text":"not","start":239.99,"end":240.19},{"text":"just","start":240.19,"end":240.43},{"text":"a","start":240.43,"end":240.47},{"text":"policy","start":240.47,"end":241.03},{"text":"goal,","start":241.03,"end":241.43},{"text":"it's","start":241.91,"end":242.19},{"text":"a","start":242.19,"end":242.23},{"text":"national","start":242.23,"end":242.87},{"text":"identity.","start":242.87,"end":243.67}]},{"text":"Since our declaration on the ecological state, sustainability became embedded in our constitution, society and 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approach through a dedicated office for sustainable development and the National Council for SDGs, linking the government, academia, civil society, and the private 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Two thirds of SDG sub-targets will be fulfilled through the adoption of the EUREP, which is currently taking on 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all these reforms will boost our income convergence with the European standards.","start":447.91,"end":454.15,"topics":[],"words":[{"text":"And","start":447.91,"end":448.07},{"text":"all","start":448.15,"end":448.39},{"text":"these","start":448.39,"end":448.63},{"text":"reforms","start":448.63,"end":449.43},{"text":"will","start":449.91,"end":450.11},{"text":"boost","start":450.11,"end":450.55},{"text":"our","start":450.55,"end":450.79},{"text":"income","start":450.79,"end":451.19},{"text":"convergence","start":451.19,"end":452.07},{"text":"with","start":452.55,"end":452.75},{"text":"the","start":452.75,"end":452.87},{"text":"European","start":452.87,"end":453.35},{"text":"standards.","start":453.35,"end":454.15}]},{"text":"That is what sustainable development means in 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numbers.","start":459.19,"end":465.59,"topics":[],"words":[{"text":"Real","start":459.19,"end":459.75},{"text":"economic","start":459.75,"end":460.71},{"text":"transformation","start":460.95,"end":461.91},{"text":"driven","start":462.31,"end":462.63},{"text":"by","start":462.63,"end":462.87},{"text":"values","start":462.87,"end":463.59},{"text":"and","start":463.83,"end":464.11},{"text":"not","start":464.11,"end":464.39},{"text":"just","start":464.39,"end":464.71},{"text":"by","start":464.71,"end":464.87},{"text":"numbers.","start":464.87,"end":465.59}]},{"text":"Ladies and gentlemen, Montenegro may be small in size, but our resolve is strong and our priorities very much clear.","start":466.47,"end":477.43,"topics":[],"words":[{"text":"Ladies","start":466.47,"end":466.91},{"text":"and","start":466.91,"end":467.07},{"text":"gentlemen,","start":467.07,"end":467.67},{"text":"Montenegro","start":468.15,"end":468.95},{"text":"may","start":469.43,"end":469.59},{"text":"be","start":469.59,"end":469.75},{"text":"small","start":469.75,"end":470.15},{"text":"in","start":470.15,"end":470.23},{"text":"size,","start":470.23,"end":471.03},{"text":"but","start":471.51,"end":471.75},{"text":"our","start":471.83,"end":472.15},{"text":"resolve","start":472.63,"end":473.39},{"text":"is","start":473.75,"end":473.91},{"text":"strong","start":473.91,"end":474.47},{"text":"and","start":474.95,"end":475.15},{"text":"our","start":475.15,"end":475.23},{"text":"priorities","start":475.23,"end":476.15},{"text":"very","start":476.55,"end":476.71},{"text":"much","start":476.71,"end":477.03},{"text":"clear.","start":477.03,"end":477.43}]},{"text":"Thank you very 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such as climate change and the burden of debt persistent social divides and the costs of the energy transition, as well as insecurity, which is affecting Latin America.","start":605.95,"end":618.07,"topics":[],"words":[{"text":"Threats","start":605.95,"end":606.39},{"text":"such","start":606.39,"end":606.59},{"text":"as","start":606.59,"end":606.67},{"text":"climate","start":606.67,"end":607.07},{"text":"change","start":607.07,"end":607.79},{"text":"and","start":608.03,"end":608.35},{"text":"the","start":608.35,"end":608.47},{"text":"burden","start":608.47,"end":609.07},{"text":"of","start":609.19,"end":609.31},{"text":"debt","start":609.31,"end":609.87},{"text":"persistent","start":611.11,"end":611.83},{"text":"social","start":611.83,"end":612.19},{"text":"divides","start":612.19,"end":612.59},{"text":"and","start":612.59,"end":612.71},{"text":"the","start":612.71,"end":612.79},{"text":"costs","start":612.79,"end":613.11},{"text":"of","start":613.11,"end":613.19},{"text":"the","start":613.19,"end":613.31},{"text":"energy","start":613.31,"end":613.59},{"text":"transition,","start":613.59,"end":614.31},{"text":"as","start":614.31,"end":614.47},{"text":"well","start":614.47,"end":614.79},{"text":"as","start":614.79,"end":615.19},{"text":"insecurity,","start":615.51,"end":616.67},{"text":"which","start":616.67,"end":616.95},{"text":"is","start":616.95,"end":617.03},{"text":"affecting","start":617.03,"end":617.51},{"text":"Latin","start":617.51,"end":617.75},{"text":"America.","start":617.75,"end":618.07}]},{"text":"We are at a crucial turning point.","start":618.07,"end":620.23,"topics":[],"words":[{"text":"We","start":618.07,"end":618.27},{"text":"are","start":618.27,"end":618.35},{"text":"at","start":618.35,"end":618.55},{"text":"a","start":618.87,"end":618.91},{"text":"crucial","start":618.91,"end":619.43},{"text":"turning","start":619.43,"end":619.83},{"text":"point.","start":619.83,"end":620.23}]},{"text":"Therefore, it is an opportunity, a historic opportunity, for us to rethink the global international financial pact on the basis of sustainability, solidarity and justice.","start":620.95,"end":631.59,"topics":[],"words":[{"text":"Therefore,","start":620.95,"end":621.39},{"text":"it","start":621.39,"end":621.51},{"text":"is","start":621.51,"end":621.59},{"text":"an","start":621.59,"end":621.67},{"text":"opportunity,","start":621.71,"end":622.55},{"text":"a","start":622.55,"end":622.59},{"text":"historic","start":622.59,"end":623.03},{"text":"opportunity,","start":623.03,"end":623.67},{"text":"for","start":623.67,"end":623.87},{"text":"us","start":623.87,"end":624.07},{"text":"to","start":624.07,"end":624.27},{"text":"rethink","start":624.27,"end":625.51},{"text":"the","start":625.51,"end":625.71},{"text":"global","start":625.75,"end":626.39},{"text":"international","start":626.55,"end":627.07},{"text":"financial","start":627.07,"end":627.75},{"text":"pact","start":627.83,"end":628.27},{"text":"on","start":628.27,"end":628.35},{"text":"the","start":628.35,"end":628.43},{"text":"basis","start":628.43,"end":628.79},{"text":"of","start":628.83,"end":629.03},{"text":"sustainability,","start":629.19,"end":630.23},{"text":"solidarity","start":630.23,"end":630.87},{"text":"and","start":630.87,"end":631.11},{"text":"justice.","start":631.11,"end":631.59}]},{"text":"In order to achieve this, which is a desire that is not just Ecuador's but one of the entire region, we believe it is essential to have multilateral mechanisms for the restructuring of sovereign 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of debt is essential for sustainable development, but our country is caught up in a vicious circle which is eroding our ability to invest in production and social 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we require international solidarity that is not made conditional upon anything or politicized.","start":656.59,"end":663.87,"topics":[],"words":[{"text":"Moreover,","start":656.59,"end":657.15},{"text":"we","start":657.15,"end":657.31},{"text":"require","start":657.31,"end":658.11},{"text":"international","start":659.55,"end":660.07},{"text":"solidarity","start":660.07,"end":660.47},{"text":"that","start":660.47,"end":660.67},{"text":"is","start":660.67,"end":660.75},{"text":"not","start":660.75,"end":661.15},{"text":"made","start":661.15,"end":661.47},{"text":"conditional","start":661.47,"end":661.87},{"text":"upon","start":661.87,"end":662.11},{"text":"anything","start":662.11,"end":662.51},{"text":"or","start":662.83,"end":662.99},{"text":"politicized.","start":662.99,"end":663.87}]},{"text":"The 0.7% of GDP commitment from developed states to contribute to official development assistance must be 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building.","start":671.39,"end":678.27,"topics":[],"words":[{"text":"This","start":671.39,"end":671.71},{"text":"assistance","start":671.71,"end":672.51},{"text":"needs","start":672.51,"end":672.99},{"text":"to","start":672.99,"end":673.23},{"text":"be","start":673.39,"end":673.79},{"text":"sustained","start":673.79,"end":674.59},{"text":"through","start":674.59,"end":674.91},{"text":"efficiency,","start":674.91,"end":675.63},{"text":"national","start":675.63,"end":676.03},{"text":"ownership,","start":676.03,"end":676.59},{"text":"and","start":676.83,"end":677.31},{"text":"capacity","start":677.39,"end":677.87},{"text":"building.","start":677.87,"end":678.27}]},{"text":"We also need a robust international framework of 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does not capture the complexity of development, nor does it reflect structural inequalities.","start":742.31,"end":747.11,"topics":[],"words":[{"text":"GDP","start":742.31,"end":742.87},{"text":"does","start":742.87,"end":743.03},{"text":"not","start":743.03,"end":743.19},{"text":"capture","start":743.19,"end":743.59},{"text":"the","start":743.59,"end":743.67},{"text":"complexity","start":743.67,"end":744.47},{"text":"of","start":744.47,"end":744.71},{"text":"development,","start":744.71,"end":745.23},{"text":"nor","start":745.23,"end":745.35},{"text":"does","start":745.35,"end":745.47},{"text":"it","start":745.47,"end":745.55},{"text":"reflect","start":745.55,"end":745.83},{"text":"structural","start":745.83,"end":746.23},{"text":"inequalities.","start":746.23,"end":747.11}]},{"text":"Climate vulnerability and tax sustainability and situations of insecurity all limit access to concessional finance and technical assistance and other preferential mechanisms.","start":748.31,"end":761.75,"topics":[],"words":[{"text":"Climate","start":748.31,"end":748.71},{"text":"vulnerability","start":748.71,"end":749.59},{"text":"and","start":749.59,"end":749.83},{"text":"tax","start":749.83,"end":750.19},{"text":"sustainability","start":750.19,"end":751.19},{"text":"and","start":751.19,"end":751.47},{"text":"situations","start":751.47,"end":752.23},{"text":"of","start":752.23,"end":752.63},{"text":"insecurity","start":753.19,"end":754.15},{"text":"all","start":754.35,"end":754.71},{"text":"limit","start":754.79,"end":755.19},{"text":"access","start":755.19,"end":755.75},{"text":"to","start":755.75,"end":756.03},{"text":"concessional","start":756.03,"end":756.55},{"text":"finance","start":756.55,"end":757.27},{"text":"and","start":757.27,"end":757.67},{"text":"technical","start":757.67,"end":758.11},{"text":"assistance","start":758.11,"end":758.71},{"text":"and","start":758.71,"end":759.03},{"text":"other","start":759.11,"end":759.59},{"text":"preferential","start":759.99,"end":760.79},{"text":"mechanisms.","start":761.03,"end":761.75}]},{"text":"Therefore, we would like to suggest the adoption of more comprehensive indicators that look at structural inequalities and multidimensional poverty, as well as vulnerability and institutional capacities and resilience and 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would suggest moving forwards decisively towards an approach of development in transition, which recognizes the reality on the ground in our countries.","start":778.23,"end":790.39,"topics":[],"words":[{"text":"We","start":778.23,"end":778.39},{"text":"would","start":778.39,"end":778.51},{"text":"suggest","start":778.51,"end":779.19},{"text":"moving","start":779.27,"end":779.67},{"text":"forwards","start":779.67,"end":780.31},{"text":"decisively","start":781.43,"end":782.39},{"text":"towards","start":782.63,"end":783.35},{"text":"an","start":784.43,"end":784.63},{"text":"approach","start":784.63,"end":785.51},{"text":"of","start":785.91,"end":786.11},{"text":"development","start":786.11,"end":786.55},{"text":"in","start":786.55,"end":786.63},{"text":"transition,","start":786.63,"end":787.23},{"text":"which","start":787.23,"end":787.59},{"text":"recognizes","start":787.59,"end":788.63},{"text":"the","start":788.87,"end":788.99},{"text":"reality","start":789.03,"end":789.35},{"text":"on","start":789.35,"end":789.43},{"text":"the","start":789.43,"end":789.51},{"text":"ground","start":789.51,"end":789.75},{"text":"in","start":789.75,"end":789.83},{"text":"our","start":789.83,"end":789.91},{"text":"countries.","start":789.91,"end":790.39}]},{"text":"We acknowledge the work that has been done in our region through the declaration, which was adopted at the latest Ibero-American Summit, which took place in 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also, we are in favor of moving beyond GDP in order to find more just metrics for measuring 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access to financing for middle-income countries and revising the criteria of rating for rating by multilateral development 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also, we are in favor of innovative financial mechanisms such as blended finance, green bonds, and thematic 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challenges of our time and overcome divides and offer genuine solutions for current and future generations.","start":830.11,"end":843.83,"topics":[],"words":[{"text":"We","start":830.11,"end":830.27},{"text":"are","start":830.27,"end":830.35},{"text":"convinced","start":830.35,"end":831.07},{"text":"that","start":831.07,"end":831.47},{"text":"a","start":831.55,"end":831.59},{"text":"new","start":831.59,"end":832.11},{"text":"financial","start":832.19,"end":833.07},{"text":"pact","start":833.15,"end":833.95},{"text":"is","start":834.55,"end":834.87},{"text":"required","start":834.87,"end":835.31},{"text":"to","start":835.31,"end":835.91},{"text":"meet","start":836.07,"end":836.39},{"text":"the","start":836.39,"end":836.51},{"text":"challenges","start":836.51,"end":837.03},{"text":"of","start":837.03,"end":837.11},{"text":"our","start":837.11,"end":837.19},{"text":"time","start":837.19,"end":837.83},{"text":"and","start":837.83,"end":838.07},{"text":"overcome","start":838.07,"end":838.71},{"text":"divides","start":839.03,"end":839.59},{"text":"and","start":839.59,"end":840.23},{"text":"offer","start":840.23,"end":840.79},{"text":"genuine","start":840.79,"end":841.27},{"text":"solutions","start":841.27,"end":841.95},{"text":"for","start":841.95,"end":842.15},{"text":"current","start":842.15,"end":842.55},{"text":"and","start":842.55,"end":842.71},{"text":"future","start":842.71,"end":843.03},{"text":"generations.","start":843.03,"end":843.83}]},{"text":"Ecuador would like to reiterate its commitment to sustainable development, one that is inclusive and resilient, and we intend to be proactive in proposing the outlines of this new social 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Fourth International Conference on Financing for Development comes at a critical point in the quest for sustainable development for our 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conference is the test of our collective resolve to act and deliver on the promises of sustainable 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and the challenges we have encountered since the third 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remedies.","start":969.87,"end":985.47,"topics":[],"words":[{"text":"Global","start":969.87,"end":970.35},{"text":"advancement","start":970.35,"end":971.39},{"text":"toward","start":972.19,"end":972.87},{"text":"the","start":972.87,"end":972.95},{"text":"2030","start":973.07,"end":974.19},{"text":"agenda","start":974.19,"end":974.83},{"text":"is","start":975.79,"end":976.03},{"text":"nowhere","start":976.03,"end":976.75},{"text":"near","start":977.31,"end":977.91},{"text":"where","start":978.51,"end":978.83},{"text":"we","start":978.83,"end":979.03},{"text":"thought","start":979.03,"end":979.55},{"text":"it","start":979.71,"end":979.87},{"text":"would","start":979.91,"end":980.03},{"text":"be,","start":980.03,"end":980.59},{"text":"and","start":981.31,"end":981.63},{"text":"we","start":981.63,"end":981.95},{"text":"have","start":981.95,"end":982.23},{"text":"an","start":982.23,"end":982.43},{"text":"opportunity","start":982.43,"end":983.31},{"text":"to","start":983.35,"end":983.43},{"text":"find","start":983.43,"end":983.95},{"text":"workable","start":983.95,"end":984.59},{"text":"remedies.","start":984.59,"end":985.47}]},{"text":"Daunting realities of worsening climate crisis, deepened debt, and an uneven and high cost of development finance for countries that need it most have converged to create a storm that threatens the foundations of sustainable development.","start":987.23,"end":1010.83,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. 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Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"Daunting","start":987.23,"end":987.71},{"text":"realities","start":987.71,"end":988.67},{"text":"of","start":988.71,"end":988.99},{"text":"worsening","start":988.99,"end":989.63},{"text":"climate","start":989.63,"end":990.19},{"text":"crisis,","start":990.19,"end":991.07},{"text":"deepened","start":991.83,"end":992.31},{"text":"debt,","start":992.31,"end":992.83},{"text":"and","start":993.63,"end":993.95},{"text":"an","start":993.99,"end":994.19},{"text":"uneven","start":994.19,"end":995.63},{"text":"and","start":995.63,"end":995.79},{"text":"high","start":995.79,"end":996.19},{"text":"cost","start":996.19,"end":996.71},{"text":"of","start":996.71,"end":996.91},{"text":"development","start":996.91,"end":997.79},{"text":"finance","start":998.27,"end":998.95},{"text":"for","start":998.95,"end":999.07},{"text":"countries","start":999.07,"end":999.95},{"text":"that","start":1000.43,"end":1000.67},{"text":"need","start":1000.67,"end":1000.99},{"text":"it","start":1000.99,"end":1001.15},{"text":"most","start":1001.15,"end":1001.79},{"text":"have","start":1002.19,"end":1002.43},{"text":"converged","start":1002.43,"end":1003.19},{"text":"to","start":1003.19,"end":1003.35},{"text":"create","start":1003.95,"end":1004.75},{"text":"a","start":1005.31,"end":1005.35},{"text":"storm","start":1005.35,"end":1005.87},{"text":"that","start":1005.87,"end":1006.15},{"text":"threatens","start":1006.15,"end":1006.83},{"text":"the","start":1006.91,"end":1006.99},{"text":"foundations","start":1006.99,"end":1008.19},{"text":"of","start":1008.59,"end":1008.87},{"text":"sustainable","start":1008.87,"end":1010.03},{"text":"development.","start":1010.03,"end":1010.83}]},{"text":"However, In the face of these concerns, the Kingdom of Eswatini has continued to demonstrate proactive leadership and steadfast commitment to the 2030 Agenda and the Sustainable Development Goals.","start":1011.79,"end":1030.75,"topics":[],"words":[{"text":"However,","start":1011.79,"end":1012.39},{"text":"In","start":1013.31,"end":1013.51},{"text":"the","start":1013.51,"end":1013.59},{"text":"face","start":1013.63,"end":1014.15},{"text":"of","start":1014.15,"end":1014.31},{"text":"these","start":1014.31,"end":1014.67},{"text":"concerns,","start":1014.67,"end":1015.63},{"text":"the","start":1015.63,"end":1015.71},{"text":"Kingdom","start":1015.71,"end":1016.27},{"text":"of","start":1016.27,"end":1016.51},{"text":"Eswatini","start":1016.51,"end":1017.31},{"text":"has","start":1018.03,"end":1018.19},{"text":"continued","start":1018.19,"end":1018.87},{"text":"to","start":1018.87,"end":1019.23},{"text":"demonstrate","start":1019.23,"end":1020.27},{"text":"proactive","start":1020.27,"end":1021.07},{"text":"leadership","start":1021.07,"end":1021.63},{"text":"and","start":1022.51,"end":1022.75},{"text":"steadfast","start":1022.75,"end":1023.63},{"text":"commitment","start":1023.63,"end":1024.51},{"text":"to","start":1025.31,"end":1025.71},{"text":"the","start":1025.71,"end":1025.79},{"text":"2030","start":1025.79,"end":1026.63},{"text":"Agenda","start":1026.63,"end":1027.31},{"text":"and","start":1027.79,"end":1028.07},{"text":"the","start":1028.07,"end":1028.15},{"text":"Sustainable","start":1028.15,"end":1028.99},{"text":"Development","start":1028.99,"end":1029.87},{"text":"Goals.","start":1030.03,"end":1030.75}]},{"text":"Many developing nations have been affected by global challenges and the impacts from unforeseen pandemics like COVID.","start":1032.03,"end":1041.99,"topics":[],"words":[{"text":"Many","start":1032.03,"end":1032.35},{"text":"developing","start":1032.35,"end":1032.91},{"text":"nations","start":1032.91,"end":1033.47},{"text":"have","start":1033.47,"end":1033.67},{"text":"been","start":1033.67,"end":1033.87},{"text":"affected","start":1033.87,"end":1034.43},{"text":"by","start":1034.43,"end":1034.75},{"text":"global","start":1034.75,"end":1035.15},{"text":"challenges","start":1035.15,"end":1035.95},{"text":"and","start":1036.59,"end":1036.91},{"text":"the","start":1036.91,"end":1036.99},{"text":"impacts","start":1036.99,"end":1038.03},{"text":"from","start":1038.11,"end":1038.43},{"text":"unforeseen","start":1038.43,"end":1039.39},{"text":"pandemics","start":1039.39,"end":1040.19},{"text":"like","start":1040.67,"end":1041.07},{"text":"COVID.","start":1041.07,"end":1041.99}]},{"text":"Economies have been hard hit and appeal for much support as they have programs that they need to implement, but due to lack of resources, they cannot meet those obligations.","start":1043.71,"end":1058.51,"topics":[{"key":"oda-and-grants","label":"Official Development Assistance and Grants","description":"Speakers warned that declining official development assistance is undermining development progress in poorer countries. 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reduced our fiscal deficit from 7.5% in 2018 to 2%, meaning that our country was now on a fiscal sustainable track by the end of 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of the conference"}},{"statement_number":8,"start":1551.3,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=1552","paragraphs":[{"sentences":[{"text":"Your Majesty, King of Spain, Secretary General of the United Nations, Presidents, Prime Ministers, Ministers, Excellencies, Ladies and 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outset, I would like to express my gratitude to the Government of Spain for hosting this important international event and for its generous 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years ago, building on the commitments achieved in Monterrey and Doha, we adopted the Addis Ababa Action Agenda, an ambitious and fundamental document shaping a set of guidelines and concrete tools to reform the global financing system with the aim of leaving no one behind.","start":1597.55,"end":1620.63,"topics":[],"words":[{"text":"Ten","start":1597.55,"end":1597.79},{"text":"years","start":1597.79,"end":1597.99},{"text":"ago,","start":1597.99,"end":1598.51},{"text":"building","start":1598.59,"end":1599.07},{"text":"on","start":1599.07,"end":1599.23},{"text":"the","start":1599.23,"end":1599.39},{"text":"commitments","start":1599.39,"end":1600.19},{"text":"achieved","start":1600.75,"end":1601.31},{"text":"in","start":1601.47,"end":1601.79},{"text":"Monterrey","start":1602.27,"end":1602.91},{"text":"and","start":1602.99,"end":1603.27},{"text":"Doha,","start":1603.27,"end":1603.71},{"text":"we","start":1603.79,"end":1604.03},{"text":"adopted","start":1604.03,"end":1604.59},{"text":"the","start":1604.79,"end":1604.87},{"text":"Addis","start":1604.87,"end":1605.23},{"text":"Ababa","start":1605.27,"end":1605.79},{"text":"Action","start":1605.79,"end":1606.19},{"text":"Agenda,","start":1606.27,"end":1606.83},{"text":"an","start":1607.43,"end":1607.55},{"text":"ambitious","start":1607.55,"end":1608.27},{"text":"and","start":1608.83,"end":1609.19},{"text":"fundamental","start":1609.23,"end":1610.03},{"text":"document","start":1610.35,"end":1611.07},{"text":"shaping","start":1611.07,"end":1611.63},{"text":"a","start":1611.63,"end":1611.71},{"text":"set","start":1611.71,"end":1612.15},{"text":"of","start":1612.15,"end":1612.43},{"text":"guidelines","start":1612.95,"end":1613.51},{"text":"and","start":1613.51,"end":1613.71},{"text":"concrete","start":1613.71,"end":1614.35},{"text":"tools","start":1614.35,"end":1614.79},{"text":"to","start":1614.87,"end":1614.99},{"text":"reform","start":1614.99,"end":1615.51},{"text":"the","start":1615.51,"end":1615.59},{"text":"global","start":1615.59,"end":1615.99},{"text":"financing","start":1615.99,"end":1616.51},{"text":"system","start":1616.51,"end":1617.03},{"text":"with","start":1617.35,"end":1617.55},{"text":"the","start":1617.55,"end":1617.63},{"text":"aim","start":1617.83,"end":1618.15},{"text":"of","start":1618.47,"end":1618.71},{"text":"leaving","start":1618.71,"end":1619.11},{"text":"no","start":1619.43,"end":1619.75},{"text":"one","start":1619.75,"end":1620.07},{"text":"behind.","start":1620.07,"end":1620.63}]},{"text":"However, despite significant achievements, we still face more questions than answers.","start":1621.27,"end":1630.39,"topics":[],"words":[{"text":"However,","start":1621.27,"end":1621.83},{"text":"despite","start":1622.71,"end":1623.27},{"text":"significant","start":1624.07,"end":1625.03},{"text":"achievements,","start":1625.27,"end":1626.07},{"text":"we","start":1626.39,"end":1626.55},{"text":"still","start":1626.55,"end":1627.03},{"text":"face","start":1627.11,"end":1627.75},{"text":"more","start":1628.15,"end":1628.47},{"text":"questions","start":1628.47,"end":1629.07},{"text":"than","start":1629.35,"end":1629.67},{"text":"answers.","start":1629.83,"end":1630.39}]},{"text":"Global challenges that have emerged In the recent years, such as the COVID-19 pandemic, the increasing impact of climate change, rising geopolitical tension, growing number of conflicts, have revealed serious gaps in the Addis Ababa Action Agenda, requiring immediate action for two further advance the reform of international finance architecture and adapt it to new realities.","start":1631.03,"end":1661.83,"topics":[],"words":[{"text":"Global","start":1631.03,"end":1631.43},{"text":"challenges","start":1631.43,"end":1632.15},{"text":"that","start":1632.31,"end":1632.59},{"text":"have","start":1632.59,"end":1632.79},{"text":"emerged","start":1633.27,"end":1633.79},{"text":"In","start":1634.47,"end":1634.63},{"text":"the","start":1634.63,"end":1634.75},{"text":"recent","start":1634.75,"end":1635.27},{"text":"years,","start":1635.27,"end":1635.55},{"text":"such","start":1635.55,"end":1635.83},{"text":"as","start":1635.83,"end":1635.91},{"text":"the","start":1635.91,"end":1635.99},{"text":"COVID-19","start":1635.99,"end":1637.03},{"text":"pandemic,","start":1637.03,"end":1637.67},{"text":"the","start":1637.91,"end":1638.03},{"text":"increasing","start":1638.03,"end":1638.63},{"text":"impact","start":1638.71,"end":1639.19},{"text":"of","start":1639.23,"end":1639.35},{"text":"climate","start":1639.35,"end":1639.79},{"text":"change,","start":1639.79,"end":1640.23},{"text":"rising","start":1640.63,"end":1641.19},{"text":"geopolitical","start":1641.31,"end":1642.07},{"text":"tension,","start":1642.07,"end":1642.71},{"text":"growing","start":1642.87,"end":1643.43},{"text":"number","start":1643.43,"end":1643.87},{"text":"of","start":1643.87,"end":1643.99},{"text":"conflicts,","start":1643.99,"end":1644.55},{"text":"have","start":1644.79,"end":1645.27},{"text":"revealed","start":1645.51,"end":1646.15},{"text":"serious","start":1646.31,"end":1646.87},{"text":"gaps","start":1646.87,"end":1647.51},{"text":"in","start":1647.75,"end":1647.91},{"text":"the","start":1647.91,"end":1648.07},{"text":"Addis","start":1648.27,"end":1648.59},{"text":"Ababa","start":1648.59,"end":1648.95},{"text":"Action","start":1649.03,"end":1649.43},{"text":"Agenda,","start":1649.43,"end":1649.99},{"text":"requiring","start":1650.63,"end":1651.35},{"text":"immediate","start":1651.59,"end":1652.23},{"text":"action","start":1652.31,"end":1652.87},{"text":"for","start":1653.03,"end":1653.43},{"text":"two","start":1653.43,"end":1653.75},{"text":"further","start":1653.75,"end":1654.39},{"text":"advance","start":1654.55,"end":1655.35},{"text":"the","start":1655.67,"end":1655.83},{"text":"reform","start":1655.83,"end":1656.39},{"text":"of","start":1656.47,"end":1656.63},{"text":"international","start":1656.63,"end":1657.35},{"text":"finance","start":1657.35,"end":1657.71},{"text":"architecture","start":1658.07,"end":1658.95},{"text":"and","start":1659.11,"end":1659.35},{"text":"adapt","start":1659.35,"end":1659.91},{"text":"it","start":1660.23,"end":1660.43},{"text":"to","start":1660.43,"end":1660.55},{"text":"new","start":1660.55,"end":1660.95},{"text":"realities.","start":1660.95,"end":1661.83}]},{"text":"The decline in official development assistance has had devastating consequences for developing countries, risking to reverse their hard-won progress.","start":1662.35,"end":1673.79,"topics":[],"words":[{"text":"The","start":1662.35,"end":1662.47},{"text":"decline","start":1662.47,"end":1663.07},{"text":"in","start":1663.31,"end":1663.47},{"text":"official","start":1663.55,"end":1664.03},{"text":"development","start":1664.03,"end":1664.75},{"text":"assistance","start":1664.75,"end":1665.39},{"text":"has","start":1665.71,"end":1665.95},{"text":"had","start":1665.95,"end":1666.35},{"text":"devastating","start":1666.75,"end":1667.71},{"text":"consequences","start":1667.95,"end":1668.91},{"text":"for","start":1668.91,"end":1669.15},{"text":"developing","start":1669.15,"end":1669.67},{"text":"countries,","start":1669.67,"end":1670.27},{"text":"risking","start":1670.59,"end":1671.07},{"text":"to","start":1671.07,"end":1671.23},{"text":"reverse","start":1671.23,"end":1671.87},{"text":"their","start":1671.95,"end":1672.27},{"text":"hard-won","start":1672.27,"end":1673.07},{"text":"progress.","start":1673.15,"end":1673.79}]},{"text":"The worrying trends in the global development agenda have a particularly severe impact on countries in special situation.","start":1674.67,"end":1682.99,"topics":[],"words":[{"text":"The","start":1674.67,"end":1674.87},{"text":"worrying","start":1674.91,"end":1675.31},{"text":"trends","start":1675.31,"end":1675.95},{"text":"in","start":1676.19,"end":1676.35},{"text":"the","start":1676.35,"end":1676.43},{"text":"global","start":1676.43,"end":1676.83},{"text":"development","start":1676.83,"end":1677.47},{"text":"agenda","start":1677.47,"end":1678.03},{"text":"have","start":1678.51,"end":1678.75},{"text":"a","start":1678.75,"end":1678.83},{"text":"particularly","start":1678.83,"end":1679.55},{"text":"severe","start":1679.55,"end":1680.19},{"text":"impact","start":1680.35,"end":1680.83},{"text":"on","start":1680.95,"end":1681.15},{"text":"countries","start":1681.15,"end":1681.63},{"text":"in","start":1681.63,"end":1681.79},{"text":"special","start":1681.79,"end":1682.31},{"text":"situation.","start":1682.31,"end":1682.99}]},{"text":"least developed countries, landlocked developing countries, and small developing states, whose systematic vulnerability hinders the efforts to achieve sustainable development goals.","start":1683.55,"end":1699.55,"topics":[],"words":[{"text":"least","start":1683.55,"end":1683.95},{"text":"developed","start":1683.95,"end":1684.51},{"text":"countries,","start":1684.75,"end":1685.39},{"text":"landlocked","start":1685.47,"end":1686.07},{"text":"developing","start":1686.23,"end":1686.75},{"text":"countries,","start":1686.75,"end":1687.31},{"text":"and","start":1687.55,"end":1687.75},{"text":"small","start":1687.75,"end":1688.43},{"text":"developing","start":1688.67,"end":1689.23},{"text":"states,","start":1689.23,"end":1689.71},{"text":"whose","start":1689.95,"end":1690.23},{"text":"systematic","start":1690.23,"end":1691.15},{"text":"vulnerability","start":1692.63,"end":1693.47},{"text":"hinders","start":1693.47,"end":1693.95},{"text":"the","start":1694.07,"end":1694.15},{"text":"efforts","start":1694.27,"end":1694.67},{"text":"to","start":1694.67,"end":1694.83},{"text":"achieve","start":1694.91,"end":1695.47},{"text":"sustainable","start":1695.47,"end":1697.15},{"text":"development","start":1698.51,"end":1699.11},{"text":"goals.","start":1699.11,"end":1699.55}]},{"text":"The situation is also difficult for the middle-income countries, often finding themselves in the middle income trap due to the shortcoming of the current international financial system.","start":1700.11,"end":1712.79,"topics":[],"words":[{"text":"The","start":1700.11,"end":1700.19},{"text":"situation","start":1700.19,"end":1700.83},{"text":"is","start":1700.83,"end":1701.07},{"text":"also","start":1701.07,"end":1701.39},{"text":"difficult","start":1701.39,"end":1701.87},{"text":"for","start":1701.87,"end":1702.15},{"text":"the","start":1702.15,"end":1702.27},{"text":"middle-income","start":1702.27,"end":1702.99},{"text":"countries,","start":1702.99,"end":1703.63},{"text":"often","start":1703.99,"end":1704.39},{"text":"finding","start":1704.39,"end":1704.87},{"text":"themselves","start":1704.87,"end":1705.59},{"text":"in","start":1705.91,"end":1706.15},{"text":"the","start":1706.15,"end":1706.31},{"text":"middle","start":1706.31,"end":1706.79},{"text":"income","start":1706.79,"end":1707.35},{"text":"trap","start":1707.35,"end":1707.75},{"text":"due","start":1708.15,"end":1708.55},{"text":"to","start":1708.55,"end":1708.75},{"text":"the","start":1708.79,"end":1708.91},{"text":"shortcoming","start":1709.35,"end":1710.15},{"text":"of","start":1710.27,"end":1710.39},{"text":"the","start":1710.39,"end":1710.55},{"text":"current","start":1710.55,"end":1711.07},{"text":"international","start":1711.07,"end":1711.83},{"text":"financial","start":1711.83,"end":1712.31},{"text":"system.","start":1712.31,"end":1712.79}]},{"text":"Take my country as an example.","start":1712.87,"end":1715.03,"topics":[],"words":[{"text":"Take","start":1712.87,"end":1713.11},{"text":"my","start":1713.11,"end":1713.27},{"text":"country","start":1713.27,"end":1713.83},{"text":"as","start":1714.15,"end":1714.31},{"text":"an","start":1714.31,"end":1714.39},{"text":"example.","start":1714.39,"end":1715.03}]},{"text":"Armenia is classified as an upper middle income country.","start":1715.39,"end":1719.23,"topics":[],"words":[{"text":"Armenia","start":1715.39,"end":1715.91},{"text":"is","start":1715.91,"end":1715.99},{"text":"classified","start":1715.99,"end":1716.63},{"text":"as","start":1716.99,"end":1717.23},{"text":"an","start":1717.31,"end":1717.39},{"text":"upper","start":1717.43,"end":1717.71},{"text":"middle","start":1717.71,"end":1718.11},{"text":"income","start":1718.27,"end":1718.67},{"text":"country.","start":1718.67,"end":1719.23}]},{"text":"At the same time, Armenia is a landlocked developing country facing multidimensional challenges such as the influx of the 150,000 refugees forcibly displaced from Nagorno-Karabakh, making up 4% of the country's total population, the recurring disasters caused by climate change, difficulties with to global markets and value chains.","start":1719.47,"end":1748.27,"topics":[],"words":[{"text":"At","start":1719.47,"end":1719.55},{"text":"the","start":1719.55,"end":1719.67},{"text":"same","start":1719.67,"end":1720.03},{"text":"time,","start":1720.03,"end":1720.43},{"text":"Armenia","start":1720.75,"end":1721.23},{"text":"is","start":1721.23,"end":1721.47},{"text":"a","start":1721.47,"end":1721.55},{"text":"landlocked","start":1721.63,"end":1722.35},{"text":"developing","start":1722.51,"end":1723.11},{"text":"country","start":1723.11,"end":1723.63},{"text":"facing","start":1723.95,"end":1724.75},{"text":"multidimensional","start":1725.15,"end":1726.51},{"text":"challenges","start":1726.51,"end":1727.31},{"text":"such","start":1727.47,"end":1727.83},{"text":"as","start":1727.83,"end":1728.03},{"text":"the","start":1728.03,"end":1728.15},{"text":"influx","start":1728.91,"end":1729.63},{"text":"of","start":1729.83,"end":1729.91},{"text":"the","start":1729.95,"end":1730.11},{"text":"150,000","start":1730.11,"end":1731.55},{"text":"refugees","start":1731.79,"end":1732.59},{"text":"forcibly","start":1732.75,"end":1733.71},{"text":"displaced","start":1734.03,"end":1734.67},{"text":"from","start":1734.67,"end":1734.99},{"text":"Nagorno-Karabakh,","start":1734.99,"end":1735.95},{"text":"making","start":1735.95,"end":1736.35},{"text":"up","start":1737.07,"end":1737.39},{"text":"4%","start":1737.71,"end":1737.75},{"text":"of","start":1737.75,"end":1737.83},{"text":"the","start":1737.83,"end":1737.95},{"text":"country's","start":1737.95,"end":1738.51},{"text":"total","start":1738.51,"end":1738.83},{"text":"population,","start":1738.83,"end":1739.47},{"text":"the","start":1739.95,"end":1740.15},{"text":"recurring","start":1740.43,"end":1741.23},{"text":"disasters","start":1741.51,"end":1742.35},{"text":"caused","start":1742.35,"end":1742.87},{"text":"by","start":1742.87,"end":1743.07},{"text":"climate","start":1743.07,"end":1743.55},{"text":"change,","start":1743.55,"end":1743.95},{"text":"difficulties","start":1744.19,"end":1744.83},{"text":"with","start":1744.83,"end":1745.03},{"text":"to","start":1745.39,"end":1745.67},{"text":"global","start":1746.27,"end":1746.75},{"text":"markets","start":1746.75,"end":1747.23},{"text":"and","start":1747.23,"end":1747.39},{"text":"value","start":1747.39,"end":1747.79},{"text":"chains.","start":1747.79,"end":1748.27}]},{"text":"However, Armenia is forced to focus its limited resources on servicing its national debt exceeding $30 billion, rather than investing in humanitarian, climate mitigation, and sustainable development needs.","start":1749.15,"end":1766.11,"topics":[],"words":[{"text":"However,","start":1749.15,"end":1749.79},{"text":"Armenia","start":1749.79,"end":1750.11},{"text":"is","start":1750.11,"end":1750.19},{"text":"forced","start":1750.19,"end":1750.67},{"text":"to","start":1750.83,"end":1750.99},{"text":"focus","start":1750.99,"end":1751.47},{"text":"its","start":1751.47,"end":1751.71},{"text":"limited","start":1751.71,"end":1752.27},{"text":"resources","start":1752.27,"end":1752.91},{"text":"on","start":1753.23,"end":1753.31},{"text":"servicing","start":1753.31,"end":1753.95},{"text":"its","start":1753.95,"end":1754.27},{"text":"national","start":1754.27,"end":1754.79},{"text":"debt","start":1754.79,"end":1755.07},{"text":"exceeding","start":1755.39,"end":1756.03},{"text":"$30","start":1756.99,"end":1757.03},{"text":"billion,","start":1757.03,"end":1757.79},{"text":"rather","start":1758.27,"end":1759.15},{"text":"than","start":1759.23,"end":1759.55},{"text":"investing","start":1759.79,"end":1760.43},{"text":"in","start":1760.83,"end":1761.63},{"text":"humanitarian,","start":1761.63,"end":1762.43},{"text":"climate","start":1762.43,"end":1763.15},{"text":"mitigation,","start":1763.31,"end":1764.11},{"text":"and","start":1764.31,"end":1764.43},{"text":"sustainable","start":1764.43,"end":1765.07},{"text":"development","start":1765.07,"end":1765.63},{"text":"needs.","start":1765.75,"end":1766.11}]},{"text":"In this context, we believe that targeted and action-oriented steps are essential to overcome current and Current inequalities and systematic gaps in the international financial architecture.","start":1766.51,"end":1782.39,"topics":[],"words":[{"text":"In","start":1766.51,"end":1766.63},{"text":"this","start":1766.63,"end":1766.83},{"text":"context,","start":1766.83,"end":1767.39},{"text":"we","start":1767.55,"end":1767.67},{"text":"believe","start":1767.71,"end":1768.03},{"text":"that","start":1768.51,"end":1768.79},{"text":"targeted","start":1768.79,"end":1769.47},{"text":"and","start":1769.47,"end":1769.63},{"text":"action-oriented","start":1769.63,"end":1770.75},{"text":"steps","start":1770.75,"end":1771.31},{"text":"are","start":1771.55,"end":1771.79},{"text":"essential","start":1771.79,"end":1772.51},{"text":"to","start":1772.51,"end":1772.79},{"text":"overcome","start":1772.79,"end":1773.39},{"text":"current","start":1773.71,"end":1774.27},{"text":"and","start":1774.51,"end":1774.75},{"text":"Current","start":1776.15,"end":1776.55},{"text":"inequalities","start":1776.55,"end":1777.35},{"text":"and","start":1777.35,"end":1777.59},{"text":"systematic","start":1777.59,"end":1778.39},{"text":"gaps","start":1779.03,"end":1779.51},{"text":"in","start":1779.51,"end":1779.63},{"text":"the","start":1779.63,"end":1779.71},{"text":"international","start":1779.71,"end":1780.39},{"text":"financial","start":1780.39,"end":1780.95},{"text":"architecture.","start":1780.95,"end":1782.39}]},{"text":"Armenia strongly advocates the important introduction of complementary criteria beyond GDP, reducing dependence on in-market financing, and strengthening the capacities of the United Nations development system for timely and efficient response to the needs of countries and people in vulnerable 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from international community to strengthen democratic institution, promote good governance, ensure transparency, and uphold the rule of law is important to bring countries in special situation and middle-income countries back on track towards sustainable 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is crucial to ensure equal and fair access to new technologies, close the digital divide, and mobilize the necessary resources to address climate change, biodiversity, loss and 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a host of the 17th Conference of the Parties to the Convention on Biodiversity next year, Armenia is ready to work closely with all partners to fill the gaps in biodiversity 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hope that Compromisso de Sevilla, with its forward-looking commitments, will provide new impetus to the efforts of international community to reform the international finance architecture, enhance its resilience and effectiveness and make financial resources more accessible and affordable for the most 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are convinced that multilateralism is not an option, but rather it is the only viable way to build sustainable and fair solutions for the well-being of our 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eradication of poverty must be put back at the heart of the global pact, and investment for development cannot be mere words, but it should translate into decent employment, accessible public services, decent living conditions, and real opportunities for getting out of poverty in full respect of human 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welcome the impetus given to innovative financial instruments such as sustainable bonds or debt swaps as specific alternatives for bridging the debt 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like to underline that these instruments need to be accompanied by a regulatory framework that allows for public strategies to be aligned on private investments on the basis of sustainability, traceability, and impact on the 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are at the heart of our actions, and we want to continue combating inequalities.","start":2162.07,"end":2167.19,"topics":[],"words":[{"text":"People","start":2162.07,"end":2162.55},{"text":"are","start":2162.87,"end":2163.23},{"text":"at","start":2163.23,"end":2163.35},{"text":"the","start":2163.35,"end":2163.43},{"text":"heart","start":2163.43,"end":2163.71},{"text":"of","start":2163.71,"end":2163.83},{"text":"our","start":2163.83,"end":2163.91},{"text":"actions,","start":2163.91,"end":2164.47},{"text":"and","start":2164.47,"end":2164.59},{"text":"we","start":2164.59,"end":2164.71},{"text":"want","start":2164.71,"end":2164.91},{"text":"to","start":2164.91,"end":2164.99},{"text":"continue","start":2164.99,"end":2165.79},{"text":"combating","start":2165.79,"end":2166.27},{"text":"inequalities.","start":2166.27,"end":2167.19}]},{"text":"We understand that social investment and education above all, as well as healthcare and the care system, are strategic priorities if we are to bridge the divides that still exist within our 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instance, Uruguay would like to reaffirm its commitment to the defense and protection of human rights, fundamental freedoms, and human dignity without any distinction or 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are even more convinced now that multilateralism is the way forward in order to focus our efforts jointly and in a coordinated fashion so as to build common solutions that are sustainable and fair for the well-being of our peoples and so that we can deliver on the goals of the 2030 Agenda to ensure that nobody is left 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of the conference"}},{"statement_number":12,"start":2271.43,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=2272","paragraphs":[{"sentences":[{"text":"Excellencies, distinguished delegates, ladies and gentlemen, it is a great honor to address you 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us, achieving the Sustainable Development Goals is not merely a policy ambition.","start":2288.15,"end":2292.63,"topics":[],"words":[{"text":"For","start":2288.15,"end":2288.39},{"text":"us,","start":2288.39,"end":2288.55},{"text":"achieving","start":2288.55,"end":2289.03},{"text":"the","start":2289.03,"end":2289.11},{"text":"Sustainable","start":2289.11,"end":2289.79},{"text":"Development","start":2289.79,"end":2290.35},{"text":"Goals","start":2290.35,"end":2290.71},{"text":"is","start":2290.71,"end":2290.95},{"text":"not","start":2290.95,"end":2291.19},{"text":"merely","start":2291.19,"end":2291.55},{"text":"a","start":2291.55,"end":2291.59},{"text":"policy","start":2291.59,"end":2292.11},{"text":"ambition.","start":2292.11,"end":2292.63}]},{"text":"It is an imperative for the prosperity, stability, and dignity of our 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ambitions?","start":2298.91,"end":2304.83,"topics":[],"words":[{"text":"At","start":2298.91,"end":2298.99},{"text":"the","start":2298.99,"end":2299.11},{"text":"core","start":2299.11,"end":2299.47},{"text":"of","start":2299.47,"end":2299.55},{"text":"this","start":2299.55,"end":2299.79},{"text":"agenda","start":2299.79,"end":2300.35},{"text":"lies","start":2300.59,"end":2300.95},{"text":"a","start":2300.95,"end":2300.99},{"text":"fundamental","start":2300.99,"end":2301.63},{"text":"question:","start":2301.63,"end":2302.19},{"text":"how","start":2302.35,"end":2302.59},{"text":"do","start":2302.59,"end":2302.79},{"text":"we","start":2302.79,"end":2302.91},{"text":"finance","start":2302.91,"end":2303.55},{"text":"our","start":2303.55,"end":2303.71},{"text":"shared","start":2303.71,"end":2304.11},{"text":"ambitions?","start":2304.11,"end":2304.83}]},{"text":"For Bosnia and Herzegovina, this question has become a central tenet of the strategic planning processes within the country, especially in both entities.","start":2305.07,"end":2314.11,"topics":[],"words":[{"text":"For","start":2305.07,"end":2305.23},{"text":"Bosnia","start":2305.23,"end":2305.59},{"text":"and","start":2305.59,"end":2305.71},{"text":"Herzegovina,","start":2305.71,"end":2306.43},{"text":"this","start":2306.59,"end":2306.87},{"text":"question","start":2306.87,"end":2307.27},{"text":"has","start":2307.27,"end":2307.47},{"text":"become","start":2307.47,"end":2307.87},{"text":"a","start":2307.87,"end":2307.95},{"text":"central","start":2307.95,"end":2308.43},{"text":"tenet","start":2308.43,"end":2308.91},{"text":"of","start":2309.07,"end":2309.23},{"text":"the","start":2309.23,"end":2309.35},{"text":"strategic","start":2309.35,"end":2309.95},{"text":"planning","start":2309.95,"end":2310.35},{"text":"processes","start":2310.35,"end":2311.07},{"text":"within","start":2311.07,"end":2311.39},{"text":"the","start":2311.39,"end":2311.47},{"text":"country,","start":2311.47,"end":2312.03},{"text":"especially","start":2312.27,"end":2312.99},{"text":"in","start":2312.99,"end":2313.15},{"text":"both","start":2313.15,"end":2313.39},{"text":"entities.","start":2313.39,"end":2314.11}]},{"text":"Although classified as an upper-middle-income country, we continue to face significant fiscal and structural constraints.","start":2314.59,"end":2322.67,"topics":[],"words":[{"text":"Although","start":2314.59,"end":2314.91},{"text":"classified","start":2314.91,"end":2315.71},{"text":"as","start":2315.95,"end":2316.23},{"text":"an","start":2316.23,"end":2316.43},{"text":"upper-middle-income","start":2316.43,"end":2317.79},{"text":"country,","start":2317.79,"end":2318.35},{"text":"we","start":2318.51,"end":2318.67},{"text":"continue","start":2318.67,"end":2319.23},{"text":"to","start":2319.23,"end":2319.39},{"text":"face","start":2319.39,"end":2319.67},{"text":"significant","start":2319.67,"end":2320.43},{"text":"fiscal","start":2320.43,"end":2320.99},{"text":"and","start":2320.99,"end":2321.23},{"text":"structural","start":2321.23,"end":2321.87},{"text":"constraints.","start":2321.87,"end":2322.67}]},{"text":"Our per capita investment in the SDGs remains 62% below the average for our income 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despite these limitations, we have acted decisively.","start":2340.79,"end":2344.47,"topics":[],"words":[{"text":"Yet","start":2340.79,"end":2340.95},{"text":"despite","start":2340.95,"end":2341.51},{"text":"these","start":2341.51,"end":2341.83},{"text":"limitations,","start":2341.83,"end":2342.71},{"text":"we","start":2342.79,"end":2343.03},{"text":"have","start":2343.03,"end":2343.27},{"text":"acted","start":2343.27,"end":2343.63},{"text":"decisively.","start":2343.63,"end":2344.47}]},{"text":"Over the past three years, the governments of Republika Srpska, the Federation of Bosnia and Herzegovina, the Brcko District, and the Council of Ministers have adopted Bosnia and Herzegovina's first-ever sustainable development goals financing 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is a landmark strategic document that articulates a shared vision for mobilizing new and innovative financial resources in alignment with priorities of different governments in the 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with support from the United Nations system, this framework lays out concrete pathways to expand fiscal space and attract sustainable investment, particularly in three priority sectors: clean and affordable energy and infrastructure, digital transformation, and research and 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introduces a range of new instruments.","start":2393.27,"end":2395.83,"topics":[],"words":[{"text":"It","start":2393.27,"end":2393.51},{"text":"introduces","start":2393.51,"end":2394.31},{"text":"a","start":2394.31,"end":2394.39},{"text":"range","start":2394.39,"end":2394.71},{"text":"of","start":2394.71,"end":2394.79},{"text":"new","start":2394.79,"end":2395.03},{"text":"instruments.","start":2395.03,"end":2395.83}]},{"text":"green and SDG bonds, strategic investment funds, and energy performance contracting through ESCO models.","start":2396.43,"end":2404.35,"topics":[],"words":[{"text":"green","start":2396.43,"end":2396.91},{"text":"and","start":2396.91,"end":2397.23},{"text":"SDG","start":2397.23,"end":2397.95},{"text":"bonds,","start":2397.95,"end":2398.35},{"text":"strategic","start":2398.35,"end":2398.99},{"text":"investment","start":2398.99,"end":2399.51},{"text":"funds,","start":2399.51,"end":2400.03},{"text":"and","start":2400.11,"end":2400.35},{"text":"energy","start":2400.35,"end":2400.75},{"text":"performance","start":2400.75,"end":2401.47},{"text":"contracting","start":2401.47,"end":2402.27},{"text":"through","start":2402.59,"end":2402.99},{"text":"ESCO","start":2403.15,"end":2403.71},{"text":"models.","start":2403.71,"end":2404.35}]},{"text":"It also anticipates the greater deployment of blended finance mechanisms, social impact bonds, and apex financing facilities to unlock the full potential of both domestic and international capital 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proposing tools, the framework integrates policy, budget, and investment incentives to drive our long-term development 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level.","start":2433.35,"end":2437.75,"topics":[],"words":[{"text":"Feasibility","start":2433.35,"end":2434.03},{"text":"studies","start":2434.03,"end":2434.55},{"text":"for","start":2434.55,"end":2434.79},{"text":"SDG","start":2434.79,"end":2435.35},{"text":"bonds","start":2435.35,"end":2435.83},{"text":"are","start":2435.83,"end":2436.03},{"text":"underway","start":2436.03,"end":2436.63},{"text":"at","start":2436.63,"end":2436.71},{"text":"the","start":2436.71,"end":2436.83},{"text":"entity","start":2436.83,"end":2437.27},{"text":"level.","start":2437.27,"end":2437.75}]},{"text":"Interest-free loan schemes, co-financed by development partners, are supporting small and medium-sized enterprises in adopting green technologies.","start":2438.07,"end":2447.99,"topics":[],"words":[{"text":"Interest-free","start":2438.07,"end":2438.87},{"text":"loan","start":2438.87,"end":2439.27},{"text":"schemes,","start":2439.27,"end":2439.91},{"text":"co-financed","start":2440.07,"end":2440.87},{"text":"by","start":2440.87,"end":2441.07},{"text":"development","start":2441.07,"end":2441.71},{"text":"partners,","start":2441.71,"end":2442.31},{"text":"are","start":2442.31,"end":2442.47},{"text":"supporting","start":2442.47,"end":2443.07},{"text":"small","start":2443.07,"end":2443.47},{"text":"and","start":2443.47,"end":2443.63},{"text":"medium-sized","start":2443.63,"end":2444.51},{"text":"enterprises","start":2444.71,"end":2445.67},{"text":"in","start":2445.67,"end":2445.75},{"text":"adopting","start":2445.75,"end":2446.39},{"text":"green","start":2446.63,"end":2447.03},{"text":"technologies.","start":2447.03,"end":2447.99}]},{"text":"Plans for biodiversity financing and digital transition schemes are being developed to improve our readiness for a sustainable 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be clear, financing development is not the sole responsibility of governments.","start":2457.23,"end":2463.47,"topics":[],"words":[{"text":"However,","start":2457.23,"end":2457.79},{"text":"let","start":2457.79,"end":2458.19},{"text":"me","start":2458.19,"end":2458.31},{"text":"be","start":2458.31,"end":2458.51},{"text":"clear,","start":2458.51,"end":2458.99},{"text":"financing","start":2459.23,"end":2460.03},{"text":"development","start":2460.03,"end":2460.91},{"text":"is","start":2460.91,"end":2461.15},{"text":"not","start":2461.15,"end":2461.31},{"text":"the","start":2461.31,"end":2461.47},{"text":"sole","start":2461.47,"end":2461.71},{"text":"responsibility","start":2461.71,"end":2462.67},{"text":"of","start":2462.67,"end":2462.83},{"text":"governments.","start":2462.83,"end":2463.47}]},{"text":"Our success will hinge upon enduring partnership with international financial institutions, development partners, and crucially, the private sector.","start":2463.95,"end":2473.71,"topics":[],"words":[{"text":"Our","start":2463.95,"end":2464.11},{"text":"success","start":2464.11,"end":2464.83},{"text":"will","start":2465.15,"end":2465.47},{"text":"hinge","start":2465.71,"end":2466.03},{"text":"upon","start":2466.11,"end":2466.39},{"text":"enduring","start":2466.39,"end":2466.99},{"text":"partnership","start":2466.99,"end":2467.79},{"text":"with","start":2468.03,"end":2468.19},{"text":"international","start":2468.19,"end":2468.83},{"text":"financial","start":2468.83,"end":2469.35},{"text":"institutions,","start":2469.35,"end":2470.19},{"text":"development","start":2470.27,"end":2470.91},{"text":"partners,","start":2470.91,"end":2471.47},{"text":"and","start":2471.63,"end":2471.87},{"text":"crucially,","start":2471.87,"end":2472.47},{"text":"the","start":2472.47,"end":2472.63},{"text":"private","start":2472.63,"end":2473.15},{"text":"sector.","start":2473.15,"end":2473.71}]},{"text":"In this regard, it is essential that our partners understand that unique constitutional architecture of our country, one that is highly decentralized and shaped by the principles of our peace framework.","start":2474.11,"end":2485.71,"topics":[],"words":[{"text":"In","start":2474.11,"end":2474.27},{"text":"this","start":2474.27,"end":2474.51},{"text":"regard,","start":2474.51,"end":2475.07},{"text":"it","start":2475.07,"end":2475.23},{"text":"is","start":2475.23,"end":2475.39},{"text":"essential","start":2475.39,"end":2476.03},{"text":"that","start":2476.03,"end":2476.19},{"text":"our","start":2476.23,"end":2476.43},{"text":"partners","start":2476.43,"end":2476.91},{"text":"understand","start":2476.91,"end":2477.63},{"text":"that","start":2477.95,"end":2478.19},{"text":"unique","start":2478.19,"end":2478.47},{"text":"constitutional","start":2478.63,"end":2479.31},{"text":"architecture","start":2479.31,"end":2480.11},{"text":"of","start":2480.27,"end":2480.43},{"text":"our","start":2480.43,"end":2480.51},{"text":"country,","start":2480.51,"end":2481.07},{"text":"one","start":2481.07,"end":2481.39},{"text":"that","start":2481.39,"end":2481.63},{"text":"is","start":2481.63,"end":2481.79},{"text":"highly","start":2481.79,"end":2482.15},{"text":"decentralized","start":2482.15,"end":2483.07},{"text":"and","start":2483.07,"end":2483.19},{"text":"shaped","start":2483.19,"end":2483.55},{"text":"by","start":2483.55,"end":2483.71},{"text":"the","start":2483.71,"end":2483.87},{"text":"principles","start":2483.87,"end":2484.51},{"text":"of","start":2484.51,"end":2484.67},{"text":"our","start":2484.67,"end":2484.83},{"text":"peace","start":2484.83,"end":2485.15},{"text":"framework.","start":2485.15,"end":2485.71}]},{"text":"We seek cooperation that respects the structure and supports our development goals without the intention of altering the constitutional foundation of the country.","start":2486.11,"end":2495.71,"topics":[],"words":[{"text":"We","start":2486.11,"end":2486.27},{"text":"seek","start":2486.27,"end":2486.55},{"text":"cooperation","start":2486.55,"end":2487.23},{"text":"that","start":2487.23,"end":2487.63},{"text":"respects","start":2487.63,"end":2488.19},{"text":"the","start":2488.19,"end":2488.31},{"text":"structure","start":2488.31,"end":2488.99},{"text":"and","start":2488.99,"end":2489.15},{"text":"supports","start":2489.15,"end":2489.71},{"text":"our","start":2489.71,"end":2489.87},{"text":"development","start":2489.87,"end":2490.51},{"text":"goals","start":2490.51,"end":2490.91},{"text":"without","start":2491.15,"end":2491.63},{"text":"the","start":2491.63,"end":2491.79},{"text":"intention","start":2491.79,"end":2492.39},{"text":"of","start":2492.39,"end":2492.59},{"text":"altering","start":2492.75,"end":2493.47},{"text":"the","start":2493.47,"end":2493.59},{"text":"constitutional","start":2493.59,"end":2494.31},{"text":"foundation","start":2494.31,"end":2494.91},{"text":"of","start":2494.91,"end":2495.03},{"text":"the","start":2495.03,"end":2495.15},{"text":"country.","start":2495.15,"end":2495.71}]},{"text":"We view this conference as an opportunity not only to reaffirm our engagement, but to declare our readiness to lead constructively, cooperatively, and credibly.","start":2496.11,"end":2506.51,"topics":[],"words":[{"text":"We","start":2496.11,"end":2496.27},{"text":"view","start":2496.27,"end":2496.51},{"text":"this","start":2496.51,"end":2496.75},{"text":"conference","start":2496.75,"end":2497.39},{"text":"as","start":2497.39,"end":2497.55},{"text":"an","start":2497.55,"end":2497.67},{"text":"opportunity","start":2497.67,"end":2498.35},{"text":"not","start":2498.35,"end":2498.67},{"text":"only","start":2498.67,"end":2498.91},{"text":"to","start":2498.91,"end":2499.11},{"text":"reaffirm","start":2499.11,"end":2499.87},{"text":"our","start":2499.87,"end":2500.07},{"text":"engagement,","start":2500.07,"end":2500.75},{"text":"but","start":2500.99,"end":2501.27},{"text":"to","start":2501.27,"end":2501.35},{"text":"declare","start":2501.47,"end":2502.03},{"text":"our","start":2502.03,"end":2502.31},{"text":"readiness","start":2502.31,"end":2502.91},{"text":"to","start":2502.91,"end":2503.03},{"text":"lead","start":2503.03,"end":2503.39},{"text":"constructively,","start":2503.87,"end":2504.75},{"text":"cooperatively,","start":2504.75,"end":2505.71},{"text":"and","start":2505.71,"end":2505.91},{"text":"credibly.","start":2505.91,"end":2506.51}]},{"text":"Ladies and gentlemen, the journey to 2030 is not a race between nations.","start":2506.75,"end":2511.63,"topics":[],"words":[{"text":"Ladies","start":2506.75,"end":2507.27},{"text":"and","start":2507.27,"end":2507.39},{"text":"gentlemen,","start":2507.39,"end":2508.03},{"text":"the","start":2508.03,"end":2508.23},{"text":"journey","start":2508.27,"end":2508.47},{"text":"to","start":2508.59,"end":2508.95},{"text":"2030","start":2508.99,"end":2509.47},{"text":"is","start":2509.47,"end":2509.87},{"text":"not","start":2509.87,"end":2510.07},{"text":"a","start":2510.07,"end":2510.11},{"text":"race","start":2510.11,"end":2510.51},{"text":"between","start":2510.51,"end":2510.95},{"text":"nations.","start":2510.95,"end":2511.63}]},{"text":"It is a test of our shared resolve, solidarity, and vision.","start":2512.03,"end":2516.19,"topics":[],"words":[{"text":"It","start":2512.03,"end":2512.27},{"text":"is","start":2512.27,"end":2512.43},{"text":"a","start":2512.43,"end":2512.51},{"text":"test","start":2512.51,"end":2512.99},{"text":"of","start":2513.23,"end":2513.47},{"text":"our","start":2513.47,"end":2513.63},{"text":"shared","start":2513.63,"end":2514.07},{"text":"resolve,","start":2514.07,"end":2514.59},{"text":"solidarity,","start":2514.59,"end":2515.55},{"text":"and","start":2515.55,"end":2515.75},{"text":"vision.","start":2515.75,"end":2516.19}]},{"text":"Bosnia and Herzegovina may be modest in scale, but it's resolute in action.","start":2516.59,"end":2521.87,"topics":[],"words":[{"text":"Bosnia","start":2516.59,"end":2517.03},{"text":"and","start":2517.03,"end":2517.15},{"text":"Herzegovina","start":2517.23,"end":2517.79},{"text":"may","start":2517.79,"end":2518.19},{"text":"be","start":2518.19,"end":2518.35},{"text":"modest","start":2518.35,"end":2518.79},{"text":"in","start":2518.79,"end":2518.91},{"text":"scale,","start":2518.91,"end":2519.47},{"text":"but","start":2519.63,"end":2519.79},{"text":"it's","start":2519.79,"end":2520.11},{"text":"resolute","start":2520.11,"end":2520.91},{"text":"in","start":2521.23,"end":2521.39},{"text":"action.","start":2521.39,"end":2521.87}]},{"text":"We stand ready to walk this path with all of you, side by side, with purpose and ambition.","start":2522.19,"end":2527.87,"topics":[],"words":[{"text":"We","start":2522.19,"end":2522.35},{"text":"stand","start":2522.35,"end":2522.75},{"text":"ready","start":2522.75,"end":2523.15},{"text":"to","start":2523.15,"end":2523.55},{"text":"walk","start":2523.55,"end":2523.87},{"text":"this","start":2523.87,"end":2524.11},{"text":"path","start":2524.11,"end":2524.51},{"text":"with","start":2524.51,"end":2524.67},{"text":"all","start":2524.67,"end":2524.95},{"text":"of","start":2524.95,"end":2525.07},{"text":"you,","start":2525.07,"end":2525.31},{"text":"side","start":2525.31,"end":2525.71},{"text":"by","start":2525.71,"end":2525.87},{"text":"side,","start":2525.87,"end":2526.35},{"text":"with","start":2526.35,"end":2526.59},{"text":"purpose","start":2526.59,"end":2527.23},{"text":"and","start":2527.23,"end":2527.39},{"text":"ambition.","start":2527.39,"end":2527.87}]},{"text":"Thank you for your attention.","start":2527.87,"end":2529.07,"topics":[],"words":[{"text":"Thank","start":2527.87,"end":2528.11},{"text":"you","start":2528.11,"end":2528.27},{"text":"for","start":2528.27,"end":2528.43},{"text":"your","start":2528.43,"end":2528.55},{"text":"attention.","start":2528.55,"end":2529.07}]}]}],"speaker":{"name":"Jelica Cvijanovic","affiliation":"BIH","affiliation_full":"Bosnia and Herzegovina","group":null,"function":"Chairman of the Presidency"}},{"statement_number":13,"start":2538.99,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=2539","paragraphs":[{"sentences":[{"text":"I would like to thank the Chairman of the Presidency of Bosnia and Herzegovina.","start":2538.99,"end":2543.15,"topics":[],"words":[{"text":"I","start":2538.99,"end":2539.07},{"text":"would","start":2539.07,"end":2539.19},{"text":"like","start":2539.19,"end":2539.35},{"text":"to","start":2539.35,"end":2539.59},{"text":"thank","start":2539.63,"end":2540.19},{"text":"the","start":2540.27,"end":2540.47},{"text":"Chairman","start":2540.51,"end":2540.91},{"text":"of","start":2540.91,"end":2540.99},{"text":"the","start":2540.99,"end":2541.07},{"text":"Presidency","start":2541.07,"end":2541.87},{"text":"of","start":2541.87,"end":2542.03},{"text":"Bosnia","start":2542.03,"end":2542.31},{"text":"and","start":2542.31,"end":2542.43},{"text":"Herzegovina.","start":2542.43,"end":2543.15}]},{"text":"And I now have the honour of inviting His Excellency Mohamed Yunis Ammenni, President of the Presidential Council of the State of Libya, to address the conference.","start":2543.63,"end":2554.27,"topics":[],"words":[{"text":"And","start":2543.63,"end":2543.79},{"text":"I","start":2543.79,"end":2543.87},{"text":"now","start":2543.87,"end":2544.03},{"text":"have","start":2544.03,"end":2544.19},{"text":"the","start":2544.19,"end":2544.31},{"text":"honour","start":2544.35,"end":2544.75},{"text":"of","start":2544.75,"end":2544.95},{"text":"inviting","start":2544.95,"end":2545.71},{"text":"His","start":2545.71,"end":2545.91},{"text":"Excellency","start":2545.91,"end":2546.75},{"text":"Mohamed","start":2547.07,"end":2547.71},{"text":"Yunis","start":2547.71,"end":2548.19},{"text":"Ammenni,","start":2548.19,"end":2548.83},{"text":"President","start":2549.55,"end":2550.11},{"text":"of","start":2550.11,"end":2550.19},{"text":"the","start":2550.19,"end":2550.27},{"text":"Presidential","start":2550.27,"end":2550.91},{"text":"Council","start":2550.91,"end":2551.43},{"text":"of","start":2551.43,"end":2551.55},{"text":"the","start":2551.55,"end":2551.63},{"text":"State","start":2551.63,"end":2551.99},{"text":"of","start":2551.99,"end":2552.11},{"text":"Libya,","start":2552.11,"end":2552.51},{"text":"to","start":2552.51,"end":2552.99},{"text":"address","start":2552.99,"end":2553.47},{"text":"the","start":2553.47,"end":2553.55},{"text":"conference.","start":2553.55,"end":2554.27}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"President of the conference"}},{"statement_number":14,"start":2578.99,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=2579","paragraphs":[{"sentences":[{"text":"Madam Chair of the conference, Your Majesty, Your Highnesses, Your Excellencies, ladies and gentlemen, peace be upon you all.","start":2578.99,"end":2588.11,"topics":[],"words":[{"text":"Madam","start":2578.99,"end":2579.63},{"text":"Chair","start":2580.51,"end":2580.99},{"text":"of","start":2581.27,"end":2581.43},{"text":"the","start":2581.43,"end":2581.55},{"text":"conference,","start":2581.55,"end":2582.19},{"text":"Your","start":2582.91,"end":2583.35},{"text":"Majesty,","start":2583.35,"end":2584.27},{"text":"Your","start":2584.27,"end":2584.51},{"text":"Highnesses,","start":2584.51,"end":2585.23},{"text":"Your","start":2585.23,"end":2585.43},{"text":"Excellencies,","start":2585.43,"end":2585.99},{"text":"ladies","start":2585.99,"end":2586.31},{"text":"and","start":2586.31,"end":2586.47},{"text":"gentlemen,","start":2586.47,"end":2586.83},{"text":"peace","start":2586.83,"end":2587.07},{"text":"be","start":2587.23,"end":2587.43},{"text":"upon","start":2587.43,"end":2587.71},{"text":"you","start":2587.71,"end":2587.79},{"text":"all.","start":2587.87,"end":2588.11}]},{"text":"I am pleased to speak to you today in this important gathering, which is the fourth international conference on Famine, Drought, and Disaster Relief.","start":2589.71,"end":2601.35,"topics":[],"words":[{"text":"I","start":2589.71,"end":2589.87},{"text":"am","start":2589.87,"end":2590.11},{"text":"pleased","start":2590.75,"end":2591.39},{"text":"to","start":2591.63,"end":2591.87},{"text":"speak","start":2592.03,"end":2592.43},{"text":"to","start":2592.43,"end":2592.55},{"text":"you","start":2592.55,"end":2592.67},{"text":"today","start":2592.67,"end":2593.07},{"text":"in","start":2593.07,"end":2593.19},{"text":"this","start":2593.19,"end":2593.55},{"text":"important","start":2593.63,"end":2594.43},{"text":"gathering,","start":2594.51,"end":2595.07},{"text":"which","start":2595.55,"end":2595.87},{"text":"is","start":2595.87,"end":2596.35},{"text":"the","start":2596.91,"end":2597.11},{"text":"fourth","start":2597.71,"end":2598.19},{"text":"international","start":2598.19,"end":2598.75},{"text":"conference","start":2598.75,"end":2599.23},{"text":"on","start":2599.23,"end":2599.31},{"text":"Famine,","start":2599.31,"end":2599.51},{"text":"Drought,","start":2599.51,"end":2599.67},{"text":"and","start":2599.67,"end":2599.79},{"text":"Disaster","start":2599.79,"end":2600.11},{"text":"Relief.","start":2601.15,"end":2601.35}]},{"text":"Financing for Development in Sevilla, this symbol of civilizational and cultural diversity.","start":2601.43,"end":2607.19,"topics":[],"words":[{"text":"Financing","start":2601.43,"end":2602.11},{"text":"for","start":2602.11,"end":2602.27},{"text":"Development","start":2602.27,"end":2602.99},{"text":"in","start":2603.07,"end":2603.47},{"text":"Sevilla,","start":2603.71,"end":2604.35},{"text":"this","start":2604.35,"end":2604.87},{"text":"symbol","start":2604.87,"end":2605.15},{"text":"of","start":2605.19,"end":2605.31},{"text":"civilizational","start":2605.31,"end":2606.15},{"text":"and","start":2606.15,"end":2606.27},{"text":"cultural","start":2606.27,"end":2606.63},{"text":"diversity.","start":2606.63,"end":2607.19}]},{"text":"And I'd like to thank the UN and the government of Spain for organizing and hosting this summit, which brings us together to discuss the important issue of the future of development in the world.","start":2607.19,"end":2617.99,"topics":[],"words":[{"text":"And","start":2607.19,"end":2607.31},{"text":"I'd","start":2607.31,"end":2607.51},{"text":"like","start":2607.51,"end":2607.63},{"text":"to","start":2607.63,"end":2607.75},{"text":"thank","start":2607.79,"end":2608.11},{"text":"the","start":2608.11,"end":2608.23},{"text":"UN","start":2608.23,"end":2608.75},{"text":"and","start":2608.75,"end":2609.07},{"text":"the","start":2609.15,"end":2609.23},{"text":"government","start":2609.23,"end":2609.67},{"text":"of","start":2609.67,"end":2609.79},{"text":"Spain","start":2609.79,"end":2610.19},{"text":"for","start":2610.19,"end":2610.51},{"text":"organizing","start":2610.51,"end":2611.31},{"text":"and","start":2611.31,"end":2611.43},{"text":"hosting","start":2611.43,"end":2611.95},{"text":"this","start":2611.95,"end":2612.31},{"text":"summit,","start":2612.31,"end":2612.67},{"text":"which","start":2612.79,"end":2613.07},{"text":"brings","start":2613.07,"end":2613.31},{"text":"us","start":2613.31,"end":2613.47},{"text":"together","start":2613.47,"end":2613.87},{"text":"to","start":2613.87,"end":2613.99},{"text":"discuss","start":2613.99,"end":2614.67},{"text":"the","start":2614.67,"end":2614.79},{"text":"important","start":2614.79,"end":2615.43},{"text":"issue","start":2615.43,"end":2615.79},{"text":"of","start":2615.99,"end":2616.11},{"text":"the","start":2616.11,"end":2616.23},{"text":"future","start":2616.23,"end":2616.79},{"text":"of","start":2616.79,"end":2616.91},{"text":"development","start":2616.91,"end":2617.43},{"text":"in","start":2617.43,"end":2617.51},{"text":"the","start":2617.51,"end":2617.59},{"text":"world.","start":2617.59,"end":2617.99}]},{"text":"Ladies and gentlemen, let me quote from Nelson Mandela.","start":2619.23,"end":2622.43,"topics":[],"words":[{"text":"Ladies","start":2619.23,"end":2619.63},{"text":"and","start":2619.63,"end":2619.79},{"text":"gentlemen,","start":2619.79,"end":2620.35},{"text":"let","start":2620.83,"end":2620.95},{"text":"me","start":2620.95,"end":2621.07},{"text":"quote","start":2621.07,"end":2621.43},{"text":"from","start":2621.43,"end":2621.59},{"text":"Nelson","start":2621.59,"end":2621.91},{"text":"Mandela.","start":2621.91,"end":2622.43}]},{"text":"\"It all seems impossible until it is done.\"","start":2623.31,"end":2626.67,"topics":[],"words":[{"text":"\"It","start":2623.31,"end":2623.47},{"text":"all","start":2623.47,"end":2623.79},{"text":"seems","start":2623.79,"end":2624.19},{"text":"impossible","start":2624.19,"end":2624.75},{"text":"until","start":2624.75,"end":2625.23},{"text":"it","start":2625.87,"end":2626.03},{"text":"is","start":2626.03,"end":2626.19},{"text":"done.\"","start":2626.19,"end":2626.67}]},{"text":"This is a quote that resonates deeply in the hearts of Libyans as we embark on our journey towards peace, stability, development, and 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has faced grave challenges over the past years.","start":2638.59,"end":2643.23,"topics":[],"words":[{"text":"Libya","start":2638.59,"end":2638.99},{"text":"has","start":2638.99,"end":2639.23},{"text":"faced","start":2639.23,"end":2639.87},{"text":"grave","start":2639.95,"end":2640.59},{"text":"challenges","start":2641.47,"end":2642.03},{"text":"over","start":2642.03,"end":2642.19},{"text":"the","start":2642.19,"end":2642.31},{"text":"past","start":2642.31,"end":2642.67},{"text":"years.","start":2642.67,"end":2643.23}]},{"text":"This included political instability and economic difficulties, in addition to the Daniel hurricane in Derna City and its 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our people's resolve, but it never got to our morale.","start":2653.95,"end":2661.43,"topics":[],"words":[{"text":"This","start":2653.95,"end":2654.19},{"text":"has","start":2654.19,"end":2654.35},{"text":"tested","start":2654.35,"end":2654.99},{"text":"our","start":2655.71,"end":2656.03},{"text":"people's","start":2656.95,"end":2657.43},{"text":"resolve,","start":2658.23,"end":2658.71},{"text":"but","start":2658.71,"end":2658.95},{"text":"it","start":2658.95,"end":2659.03},{"text":"never","start":2659.11,"end":2659.75},{"text":"got","start":2659.83,"end":2660.31},{"text":"to","start":2660.47,"end":2660.71},{"text":"our","start":2660.71,"end":2660.87},{"text":"morale.","start":2660.87,"end":2661.43}]},{"text":"We are a resilient people that is eager to rebuild, to build a prosperous and sustainable 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our economy is still vulnerable and exposed to shrinkages.","start":2689.39,"end":2694.19,"topics":[],"words":[{"text":"Yet,","start":2689.39,"end":2689.87},{"text":"our","start":2689.95,"end":2690.31},{"text":"economy","start":2690.31,"end":2690.83},{"text":"is","start":2690.83,"end":2691.03},{"text":"still","start":2691.03,"end":2691.23},{"text":"vulnerable","start":2691.23,"end":2691.87},{"text":"and","start":2692.11,"end":2692.59},{"text":"exposed","start":2692.59,"end":2693.27},{"text":"to","start":2693.27,"end":2693.47},{"text":"shrinkages.","start":2693.47,"end":2694.19}]},{"text":"And, uh, this means that we need to engage, uh, economic diversification and, uh, 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and gentlemen, we don't lack financial support.","start":2808.75,"end":2812.03,"topics":[],"words":[{"text":"Ladies","start":2808.75,"end":2809.11},{"text":"and","start":2809.11,"end":2809.23},{"text":"gentlemen,","start":2809.23,"end":2809.63},{"text":"we","start":2810.11,"end":2810.27},{"text":"don't","start":2810.27,"end":2810.71},{"text":"lack","start":2810.71,"end":2811.07},{"text":"financial","start":2811.07,"end":2811.47},{"text":"support.","start":2811.47,"end":2812.03}]},{"text":"We are a rich country in natural resources and we have a robust sovereign fund and we have contributions in Africa and other places around the world, and we have a strategic location in Africa right on the shores of the Mediterranean, standing as a bridge for unlimited cooperation between Europe and Africa, and we have a rich cultural heritage as 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of these advantages make of Libya a valuable partner in regional and international development, and we are eager to continue on the path of collective progress and to learn from 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have solved the recent crisis within the Libyan Central Bank, and we have brought back oil production to the right levels, but we still require international 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and gentlemen, I stand here before you with a simple but urgent request: Support the efforts of Libya in development, whether through political support to ensure more stability in the country, or through investments or partnership, or even moral 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want your support in order to ensure that Libya stands for its national ownership in the world.","start":2882.31,"end":2889.43,"topics":[],"words":[{"text":"We","start":2882.31,"end":2882.55},{"text":"want","start":2882.55,"end":2883.19},{"text":"your","start":2883.27,"end":2883.59},{"text":"support","start":2883.59,"end":2884.15},{"text":"in","start":2884.15,"end":2884.31},{"text":"order","start":2884.31,"end":2884.55},{"text":"to","start":2884.55,"end":2884.87},{"text":"ensure","start":2885.39,"end":2885.75},{"text":"that","start":2885.75,"end":2885.91},{"text":"Libya","start":2885.91,"end":2886.31},{"text":"stands","start":2886.71,"end":2887.15},{"text":"for","start":2887.15,"end":2887.31},{"text":"its","start":2887.31,"end":2887.43},{"text":"national","start":2887.43,"end":2887.91},{"text":"ownership","start":2887.91,"end":2888.47},{"text":"in","start":2888.63,"end":2888.87},{"text":"the","start":2888.87,"end":2889.03},{"text":"world.","start":2889.03,"end":2889.43}]},{"text":"And we'd like to express our deep gratitude to all our partners who supported Libya on this path.","start":2889.51,"end":2895.19,"topics":[],"words":[{"text":"And","start":2889.51,"end":2889.71},{"text":"we'd","start":2889.71,"end":2889.95},{"text":"like","start":2889.95,"end":2890.07},{"text":"to","start":2890.07,"end":2890.19},{"text":"express","start":2890.19,"end":2890.71},{"text":"our","start":2890.71,"end":2890.87},{"text":"deep","start":2890.87,"end":2891.27},{"text":"gratitude","start":2891.27,"end":2891.87},{"text":"to","start":2891.87,"end":2891.99},{"text":"all","start":2891.99,"end":2892.19},{"text":"our","start":2892.19,"end":2892.31},{"text":"partners","start":2892.31,"end":2892.91},{"text":"who","start":2892.91,"end":2893.03},{"text":"supported","start":2893.03,"end":2893.51},{"text":"Libya","start":2893.51,"end":2893.99},{"text":"on","start":2894.31,"end":2894.55},{"text":"this","start":2894.55,"end":2894.79},{"text":"path.","start":2894.79,"end":2895.19}]},{"text":"We'd like to seize this opportunity, as we prepared for our presence here, to rebuild the to insist on the importance of rebuilding the global financial 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countries have needs.","start":2907.99,"end":2909.43,"topics":[],"words":[{"text":"Developing","start":2907.99,"end":2908.39},{"text":"countries","start":2908.39,"end":2908.79},{"text":"have","start":2908.79,"end":2909.11},{"text":"needs.","start":2909.11,"end":2909.43}]},{"text":"This includes the alleviation of the debt burden and the reduction of the cost of the debt service among African 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want the Seville commitment to turn into the real world.","start":2918.39,"end":2923.43,"topics":[],"words":[{"text":"We","start":2918.39,"end":2918.63},{"text":"want","start":2918.63,"end":2919.11},{"text":"the","start":2919.11,"end":2919.23},{"text":"Seville","start":2919.43,"end":2919.99},{"text":"commitment","start":2919.99,"end":2920.71},{"text":"to","start":2920.79,"end":2920.95},{"text":"turn","start":2920.95,"end":2921.43},{"text":"into","start":2921.43,"end":2921.75},{"text":"the","start":2921.75,"end":2921.91},{"text":"real","start":2922.47,"end":2922.95},{"text":"world.","start":2922.95,"end":2923.43}]},{"text":"We want to translate its terms into reality, and we'd like to build a better future for Libya, for Africa, and for the 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you very much.","start":2930.51,"end":2931.27,"topics":[],"words":[{"text":"Thank","start":2930.51,"end":2930.71},{"text":"you","start":2930.71,"end":2930.79},{"text":"very","start":2930.79,"end":2930.95},{"text":"much.","start":2930.95,"end":2931.27}]}]}],"speaker":{"name":"Mohamed Yunis Ammenni","affiliation":"LBY","affiliation_full":"Libya","group":null,"function":"President of the Presidential Council"}},{"statement_number":15,"start":2939.35,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=2940","paragraphs":[{"sentences":[{"text":"I thank the President of the Presidential Council of the State of Libya, and I have the honor of inviting His Excellency Bajram Begaj, President of the Republic of Albania, to address the 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supports enhanced liquidity mechanism, a fair allocation and regionaling of special drawing rights, and the expansion of concessional financing windows to include middle-income countries and high exposure to external 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also support for comprehensive and inclusive international tax cooperation.","start":3158.27,"end":3163.71,"topics":[],"words":[{"text":"We","start":3158.27,"end":3158.47},{"text":"also","start":3158.47,"end":3158.83},{"text":"support","start":3158.83,"end":3159.43},{"text":"for","start":3159.43,"end":3159.63},{"text":"comprehensive","start":3159.63,"end":3160.59},{"text":"and","start":3160.91,"end":3161.19},{"text":"inclusive","start":3161.19,"end":3161.79},{"text":"international","start":3161.79,"end":3162.59},{"text":"tax","start":3162.59,"end":3162.99},{"text":"cooperation.","start":3162.99,"end":3163.71}]},{"text":"Albania supports the establishment of the United Nations-led framework on tax matters one that ensures full and equal participation of all countries, regardless of economic weight or negotiation capacity.","start":3164.23,"end":3180.71,"topics":[],"words":[{"text":"Albania","start":3164.23,"end":3164.63},{"text":"supports","start":3164.63,"end":3165.15},{"text":"the","start":3165.15,"end":3165.31},{"text":"establishment","start":3165.39,"end":3166.55},{"text":"of","start":3166.55,"end":3166.67},{"text":"the","start":3166.67,"end":3166.79},{"text":"United","start":3166.79,"end":3167.23},{"text":"Nations-led","start":3167.23,"end":3167.95},{"text":"framework","start":3167.95,"end":3168.55},{"text":"on","start":3168.91,"end":3169.15},{"text":"tax","start":3169.15,"end":3169.63},{"text":"matters","start":3169.63,"end":3170.19},{"text":"one","start":3170.63,"end":3170.79},{"text":"that","start":3170.79,"end":3171.11},{"text":"ensures","start":3171.11,"end":3171.83},{"text":"full","start":3171.83,"end":3172.15},{"text":"and","start":3172.15,"end":3172.47},{"text":"equal","start":3172.47,"end":3173.03},{"text":"participation","start":3173.27,"end":3174.47},{"text":"of","start":3175.15,"end":3175.35},{"text":"all","start":3175.35,"end":3175.59},{"text":"countries,","start":3175.59,"end":3176.23},{"text":"regardless","start":3176.47,"end":3177.27},{"text":"of","start":3177.27,"end":3177.47},{"text":"economic","start":3177.47,"end":3178.07},{"text":"weight","start":3178.07,"end":3178.47},{"text":"or","start":3178.95,"end":3179.19},{"text":"negotiation","start":3179.19,"end":3180.07},{"text":"capacity.","start":3180.07,"end":3180.71}]},{"text":"Distinguished colleagues, sustainable development financing must place people at the center.","start":3181.31,"end":3186.87,"topics":[],"words":[{"text":"Distinguished","start":3181.31,"end":3181.91},{"text":"colleagues,","start":3181.91,"end":3182.47},{"text":"sustainable","start":3182.71,"end":3183.39},{"text":"development","start":3183.39,"end":3183.99},{"text":"financing","start":3183.99,"end":3184.71},{"text":"must","start":3184.95,"end":3185.27},{"text":"place","start":3185.27,"end":3185.59},{"text":"people","start":3185.59,"end":3185.99},{"text":"at","start":3185.99,"end":3186.23},{"text":"the","start":3186.23,"end":3186.35},{"text":"center.","start":3186.35,"end":3186.87}]},{"text":"We cannot separate economic policy from social justice.","start":3187.19,"end":3192.39,"topics":[],"words":[{"text":"We","start":3187.19,"end":3187.39},{"text":"cannot","start":3187.39,"end":3187.71},{"text":"separate","start":3187.71,"end":3188.31},{"text":"economic","start":3188.31,"end":3188.87},{"text":"policy","start":3188.87,"end":3189.51},{"text":"from","start":3189.83,"end":3190.15},{"text":"social","start":3190.31,"end":3191.67},{"text":"justice.","start":3191.67,"end":3192.39}]},{"text":"In Albania, we are investing in skills development and youth empowerment, expanding social protection coverage, and improving access to quality healthcare and education, particularly in rural and underserved communities.","start":3193.31,"end":3208.63,"topics":[],"words":[{"text":"In","start":3193.31,"end":3193.47},{"text":"Albania,","start":3193.47,"end":3194.07},{"text":"we","start":3194.39,"end":3194.63},{"text":"are","start":3194.63,"end":3194.79},{"text":"investing","start":3194.79,"end":3195.27},{"text":"in","start":3195.27,"end":3195.43},{"text":"skills","start":3195.43,"end":3195.83},{"text":"development","start":3195.83,"end":3196.51},{"text":"and","start":3196.55,"end":3196.87},{"text":"youth","start":3196.87,"end":3197.19},{"text":"empowerment,","start":3197.19,"end":3197.95},{"text":"expanding","start":3198.23,"end":3198.87},{"text":"social","start":3198.87,"end":3199.43},{"text":"protection","start":3199.43,"end":3200.03},{"text":"coverage,","start":3200.03,"end":3200.71},{"text":"and","start":3200.95,"end":3201.19},{"text":"improving","start":3201.19,"end":3201.75},{"text":"access","start":3201.75,"end":3202.23},{"text":"to","start":3202.23,"end":3202.39},{"text":"quality","start":3202.39,"end":3202.87},{"text":"healthcare","start":3202.87,"end":3203.51},{"text":"and","start":3203.51,"end":3203.75},{"text":"education,","start":3203.75,"end":3204.47},{"text":"particularly","start":3204.79,"end":3205.67},{"text":"in","start":3206.07,"end":3206.31},{"text":"rural","start":3206.31,"end":3206.95},{"text":"and","start":3206.95,"end":3207.23},{"text":"underserved","start":3207.23,"end":3207.91},{"text":"communities.","start":3207.91,"end":3208.63}]},{"text":"Albania have also made climate adaptation and environment resilience a national priority.","start":3209.03,"end":3216.07,"topics":[],"words":[{"text":"Albania","start":3209.03,"end":3209.67},{"text":"have","start":3209.91,"end":3210.15},{"text":"also","start":3210.15,"end":3210.47},{"text":"made","start":3210.47,"end":3210.87},{"text":"climate","start":3210.87,"end":3211.51},{"text":"adaptation","start":3211.51,"end":3212.47},{"text":"and","start":3212.87,"end":3213.27},{"text":"environment","start":3213.27,"end":3213.95},{"text":"resilience","start":3213.95,"end":3214.63},{"text":"a","start":3214.63,"end":3214.71},{"text":"national","start":3214.71,"end":3215.27},{"text":"priority.","start":3215.27,"end":3216.07}]},{"text":"Albania is rich in biodiversity and renewable energy potential.","start":3216.83,"end":3221.91,"topics":[],"words":[{"text":"Albania","start":3216.83,"end":3217.27},{"text":"is","start":3217.27,"end":3217.43},{"text":"rich","start":3217.43,"end":3217.99},{"text":"in","start":3218.31,"end":3218.71},{"text":"biodiversity","start":3218.71,"end":3219.75},{"text":"and","start":3219.75,"end":3219.99},{"text":"renewable","start":3219.99,"end":3220.71},{"text":"energy","start":3220.71,"end":3221.19},{"text":"potential.","start":3221.19,"end":3221.91}]},{"text":"particularly hydropower and solar.","start":3222.51,"end":3225.51,"topics":[],"words":[{"text":"particularly","start":3222.51,"end":3223.35},{"text":"hydropower","start":3223.99,"end":3224.79},{"text":"and","start":3224.79,"end":3225.03},{"text":"solar.","start":3225.03,"end":3225.51}]},{"text":"We are advancing green transition strategies and aligning our national budgeting with environment and climate objectives.","start":3225.91,"end":3233.83,"topics":[],"words":[{"text":"We","start":3225.91,"end":3226.15},{"text":"are","start":3226.15,"end":3226.31},{"text":"advancing","start":3226.31,"end":3226.79},{"text":"green","start":3226.79,"end":3227.11},{"text":"transition","start":3227.11,"end":3227.63},{"text":"strategies","start":3227.63,"end":3228.39},{"text":"and","start":3228.39,"end":3228.55},{"text":"aligning","start":3228.55,"end":3229.03},{"text":"our","start":3229.03,"end":3229.27},{"text":"national","start":3229.27,"end":3229.75},{"text":"budgeting","start":3229.75,"end":3230.47},{"text":"with","start":3230.87,"end":3231.27},{"text":"environment","start":3231.27,"end":3232.07},{"text":"and","start":3232.07,"end":3232.31},{"text":"climate","start":3232.31,"end":3232.87},{"text":"objectives.","start":3232.95,"end":3233.83}]},{"text":"For Albania, access to climate finance remains fragmented and overly complex.","start":3234.15,"end":3239.83,"topics":[],"words":[{"text":"For","start":3234.15,"end":3234.31},{"text":"Albania,","start":3234.31,"end":3234.95},{"text":"access","start":3235.35,"end":3235.87},{"text":"to","start":3235.87,"end":3235.99},{"text":"climate","start":3235.99,"end":3236.47},{"text":"finance","start":3236.47,"end":3237.03},{"text":"remains","start":3237.03,"end":3237.51},{"text":"fragmented","start":3237.51,"end":3238.31},{"text":"and","start":3238.31,"end":3238.63},{"text":"overly","start":3238.63,"end":3239.11},{"text":"complex.","start":3239.11,"end":3239.83}]},{"text":"And we want access to Green Climate Fund and other instruments to be more easy and Access to those funds remain a necessity.","start":3241.35,"end":3256.03,"topics":[],"words":[{"text":"And","start":3241.35,"end":3241.59},{"text":"we","start":3241.59,"end":3242.07},{"text":"want","start":3243.35,"end":3243.91},{"text":"access","start":3243.99,"end":3244.63},{"text":"to","start":3244.63,"end":3244.79},{"text":"Green","start":3244.79,"end":3244.99},{"text":"Climate","start":3244.99,"end":3245.51},{"text":"Fund","start":3245.51,"end":3246.07},{"text":"and","start":3246.23,"end":3246.51},{"text":"other","start":3246.51,"end":3246.79},{"text":"instruments","start":3246.87,"end":3247.83},{"text":"to","start":3248.23,"end":3248.39},{"text":"be","start":3248.39,"end":3248.55},{"text":"more","start":3248.55,"end":3249.11},{"text":"easy","start":3251.11,"end":3251.59},{"text":"and","start":3251.67,"end":3251.99},{"text":"Access","start":3253.55,"end":3253.87},{"text":"to","start":3253.87,"end":3254.03},{"text":"those","start":3254.03,"end":3254.27},{"text":"funds","start":3254.27,"end":3254.67},{"text":"remain","start":3254.67,"end":3255.27},{"text":"a","start":3255.27,"end":3255.31},{"text":"necessity.","start":3255.35,"end":3256.03}]},{"text":"Ladies and gentlemen, inaction and delayed action come at a cost, mostly paid by the poorest and most vulnerable countries.","start":3256.59,"end":3265.39,"topics":[],"words":[{"text":"Ladies","start":3256.59,"end":3256.95},{"text":"and","start":3256.95,"end":3257.11},{"text":"gentlemen,","start":3257.11,"end":3257.63},{"text":"inaction","start":3257.87,"end":3258.51},{"text":"and","start":3258.51,"end":3258.63},{"text":"delayed","start":3258.63,"end":3259.23},{"text":"action","start":3259.23,"end":3259.79},{"text":"come","start":3259.79,"end":3260.11},{"text":"at","start":3260.11,"end":3260.27},{"text":"a","start":3260.27,"end":3260.35},{"text":"cost,","start":3260.35,"end":3260.75},{"text":"mostly","start":3260.83,"end":3261.31},{"text":"paid","start":3261.31,"end":3261.63},{"text":"by","start":3261.63,"end":3261.87},{"text":"the","start":3262.35,"end":3262.51},{"text":"poorest","start":3262.51,"end":3262.99},{"text":"and","start":3263.23,"end":3263.47},{"text":"most","start":3263.47,"end":3263.83},{"text":"vulnerable","start":3263.83,"end":3264.75},{"text":"countries.","start":3264.75,"end":3265.39}]},{"text":"Financing for development must be more than a slogan.","start":3265.63,"end":3268.99,"topics":[],"words":[{"text":"Financing","start":3265.63,"end":3266.35},{"text":"for","start":3266.35,"end":3266.59},{"text":"development","start":3266.59,"end":3267.31},{"text":"must","start":3267.31,"end":3267.55},{"text":"be","start":3267.55,"end":3267.71},{"text":"more","start":3267.71,"end":3268.03},{"text":"than","start":3268.03,"end":3268.27},{"text":"a","start":3268.27,"end":3268.35},{"text":"slogan.","start":3268.35,"end":3268.99}]},{"text":"It must become a lived reality for people across all the regions.","start":3269.23,"end":3273.55,"topics":[],"words":[{"text":"It","start":3269.23,"end":3269.39},{"text":"must","start":3269.39,"end":3269.63},{"text":"become","start":3269.63,"end":3270.03},{"text":"a","start":3270.03,"end":3270.07},{"text":"lived","start":3270.07,"end":3270.51},{"text":"reality","start":3270.51,"end":3271.23},{"text":"for","start":3271.55,"end":3271.79},{"text":"people","start":3271.79,"end":3272.23},{"text":"across","start":3272.23,"end":3272.59},{"text":"all","start":3272.59,"end":3272.83},{"text":"the","start":3272.83,"end":3272.91},{"text":"regions.","start":3272.91,"end":3273.55}]},{"text":"Albania also recognize the central role of regional cooperation in unlocking development financing.","start":3273.99,"end":3280.27,"topics":[],"words":[{"text":"Albania","start":3273.99,"end":3274.39},{"text":"also","start":3274.39,"end":3274.75},{"text":"recognize","start":3274.75,"end":3275.31},{"text":"the","start":3275.31,"end":3275.47},{"text":"central","start":3275.47,"end":3275.95},{"text":"role","start":3275.95,"end":3276.31},{"text":"of","start":3276.31,"end":3276.43},{"text":"regional","start":3276.43,"end":3276.91},{"text":"cooperation","start":3276.91,"end":3277.63},{"text":"in","start":3277.95,"end":3278.19},{"text":"unlocking","start":3278.19,"end":3278.75},{"text":"development","start":3278.75,"end":3279.43},{"text":"financing.","start":3279.43,"end":3280.27}]},{"text":"We are actively participating in initiatives that strengthen regional trade, improve cross-border infrastructure, and promote knowledge sharing among our neighbors.","start":3280.79,"end":3292.27,"topics":[],"words":[{"text":"We","start":3280.79,"end":3280.83},{"text":"are","start":3280.83,"end":3280.99},{"text":"actively","start":3280.99,"end":3281.87},{"text":"participating","start":3281.87,"end":3282.91},{"text":"in","start":3282.91,"end":3283.15},{"text":"initiatives","start":3283.15,"end":3284.03},{"text":"that","start":3284.27,"end":3284.51},{"text":"strengthen","start":3284.51,"end":3285.31},{"text":"regional","start":3285.31,"end":3285.87},{"text":"trade,","start":3285.87,"end":3286.35},{"text":"improve","start":3286.67,"end":3287.23},{"text":"cross-border","start":3287.23,"end":3287.95},{"text":"infrastructure,","start":3287.95,"end":3288.83},{"text":"and","start":3289.07,"end":3289.31},{"text":"promote","start":3289.31,"end":3289.87},{"text":"knowledge","start":3289.87,"end":3290.35},{"text":"sharing","start":3290.35,"end":3290.91},{"text":"among","start":3290.91,"end":3291.39},{"text":"our","start":3291.39,"end":3291.71},{"text":"neighbors.","start":3291.71,"end":3292.27}]},{"text":"Membership to the European Union for Albania remains a strategic priority.","start":3292.67,"end":3297.79,"topics":[],"words":[{"text":"Membership","start":3292.67,"end":3293.39},{"text":"to","start":3293.39,"end":3293.55},{"text":"the","start":3293.55,"end":3293.71},{"text":"European","start":3293.71,"end":3294.27},{"text":"Union","start":3294.27,"end":3294.75},{"text":"for","start":3295.15,"end":3295.31},{"text":"Albania","start":3295.31,"end":3295.79},{"text":"remains","start":3295.79,"end":3296.43},{"text":"a","start":3296.43,"end":3296.51},{"text":"strategic","start":3296.51,"end":3297.11},{"text":"priority.","start":3297.11,"end":3297.79}]},{"text":"The road to 2030 demands courage, courage to reform what no longer works, to invest in what lifts communities, and to govern in ways that prioritize sustainability, equity, and 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will continue to be an active and constructive partner in the global development community.","start":3316.47,"end":3322.63,"topics":[],"words":[{"text":"Albania","start":3316.47,"end":3317.03},{"text":"will","start":3317.03,"end":3317.19},{"text":"continue","start":3317.19,"end":3317.75},{"text":"to","start":3317.75,"end":3317.83},{"text":"be","start":3317.83,"end":3318.07},{"text":"an","start":3318.07,"end":3318.23},{"text":"active","start":3318.23,"end":3318.71},{"text":"and","start":3319.11,"end":3319.31},{"text":"constructive","start":3319.31,"end":3319.99},{"text":"partner","start":3319.99,"end":3320.55},{"text":"in","start":3320.55,"end":3320.79},{"text":"the","start":3320.79,"end":3320.87},{"text":"global","start":3320.87,"end":3321.43},{"text":"development","start":3321.43,"end":3322.03},{"text":"community.","start":3322.03,"end":3322.63}]},{"text":"We believe in the value of multilateralism and in the strength of cooperation, and in the dignity of every person to live free from poverty and 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us ensure that this forum not only reaffirm our shared commitments, but strengthen our shared resolve to deliver for people, for planet, and for future 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starting resolving these bigger issues, strategic issues, we need to show our capability in solving this.","start":3556.07,"end":3564.95,"topics":[],"words":[{"text":"Before","start":3556.07,"end":3556.47},{"text":"starting","start":3556.47,"end":3556.91},{"text":"resolving","start":3556.91,"end":3557.43},{"text":"these","start":3557.43,"end":3557.59},{"text":"bigger","start":3557.59,"end":3557.91},{"text":"issues,","start":3557.91,"end":3558.55},{"text":"strategic","start":3558.71,"end":3559.43},{"text":"issues,","start":3559.43,"end":3559.91},{"text":"we","start":3560.87,"end":3560.99},{"text":"need","start":3561.03,"end":3561.19},{"text":"to","start":3561.19,"end":3561.35},{"text":"show","start":3561.35,"end":3561.59},{"text":"our","start":3561.59,"end":3561.75},{"text":"capability","start":3561.75,"end":3562.71},{"text":"in","start":3563.11,"end":3563.19},{"text":"solving","start":3563.19,"end":3563.67},{"text":"this.","start":3564.39,"end":3564.95}]},{"text":"Today, we believe 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we don't do it, as soon as possible, we're going to face much bigger and much more terrible crisis than we are facing 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I'm saying this not only on behalf of Serbia or Serbian people.","start":3694.63,"end":3698.71,"topics":[],"words":[{"text":"And","start":3694.63,"end":3694.75},{"text":"I'm","start":3694.75,"end":3694.95},{"text":"saying","start":3694.95,"end":3695.27},{"text":"this","start":3695.27,"end":3695.75},{"text":"not","start":3695.75,"end":3695.91},{"text":"only","start":3695.91,"end":3696.15},{"text":"on","start":3696.15,"end":3696.23},{"text":"behalf","start":3696.23,"end":3696.63},{"text":"of","start":3696.63,"end":3696.71},{"text":"Serbia","start":3696.71,"end":3697.27},{"text":"or","start":3697.67,"end":3697.83},{"text":"Serbian","start":3697.83,"end":3698.23},{"text":"people.","start":3698.23,"end":3698.71}]},{"text":"I'm saying that on behalf of many countries, many nations in South America, Caribbean, Africa, and the other 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me.","start":3718.27,"end":3719.63,"topics":[],"words":[{"text":"Thank","start":3718.27,"end":3718.47},{"text":"you","start":3718.47,"end":3718.55},{"text":"very","start":3718.55,"end":3718.71},{"text":"much","start":3718.71,"end":3718.87},{"text":"for","start":3718.87,"end":3718.99},{"text":"listening","start":3718.99,"end":3719.35},{"text":"to","start":3719.35,"end":3719.43},{"text":"me.","start":3719.43,"end":3719.63}]}]}],"speaker":{"name":"Aleksandar Vucic","affiliation":"SRB","affiliation_full":"Serbia","group":null,"function":"President"}},{"statement_number":19,"start":3724.99,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=3725","paragraphs":[{"sentences":[{"text":"I thank the President of the Republic of 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I'd like to thank all of those who attended that conference.","start":3822.19,"end":3824.99,"topics":[],"words":[{"text":"And","start":3822.19,"end":3822.31},{"text":"I'd","start":3822.31,"end":3822.51},{"text":"like","start":3822.51,"end":3822.67},{"text":"to","start":3822.67,"end":3822.75},{"text":"thank","start":3822.75,"end":3822.99},{"text":"all","start":3822.99,"end":3823.23},{"text":"of","start":3823.23,"end":3823.31},{"text":"those","start":3823.31,"end":3823.55},{"text":"who","start":3823.55,"end":3823.67},{"text":"attended","start":3823.67,"end":3824.19},{"text":"that","start":3824.19,"end":3824.43},{"text":"conference.","start":3824.43,"end":3824.99}]},{"text":"The Nice conference showed that when faced with difficulties in uncertain times, collective mobilization can still 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also Spain, the King of Spain and the Prime Minister of Spain, my dear friend Pedro Sanchez.","start":3843.15,"end":3849.91,"topics":[],"words":[{"text":"But","start":3843.15,"end":3843.27},{"text":"also","start":3843.27,"end":3843.75},{"text":"Spain,","start":3844.71,"end":3845.35},{"text":"the","start":3845.91,"end":3845.99},{"text":"King","start":3845.99,"end":3846.15},{"text":"of","start":3846.15,"end":3846.23},{"text":"Spain","start":3846.23,"end":3846.55},{"text":"and","start":3846.55,"end":3846.79},{"text":"the","start":3846.79,"end":3846.91},{"text":"Prime","start":3846.95,"end":3847.23},{"text":"Minister","start":3847.23,"end":3847.71},{"text":"of","start":3847.71,"end":3847.79},{"text":"Spain,","start":3847.79,"end":3848.15},{"text":"my","start":3848.15,"end":3848.39},{"text":"dear","start":3848.55,"end":3848.75},{"text":"friend","start":3848.75,"end":3849.03},{"text":"Pedro","start":3849.03,"end":3849.35},{"text":"Sanchez.","start":3849.35,"end":3849.91}]},{"text":"Thank you for your commitment and the vision you've exhibited in the run-up to this conference, which brings us here 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conference, judging by the number of delegations, the number of heads of state and government, the number of ministers who are in attendance, is, just a few weeks after Nice, a ray of 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for global peace and stability, because this is what it's all about.","start":3869.91,"end":3874.07,"topics":[],"words":[{"text":"Hope","start":3869.91,"end":3870.23},{"text":"for","start":3870.23,"end":3870.71},{"text":"global","start":3871.27,"end":3871.59},{"text":"peace","start":3871.59,"end":3871.79},{"text":"and","start":3871.79,"end":3871.91},{"text":"stability,","start":3871.91,"end":3872.43},{"text":"because","start":3872.43,"end":3872.71},{"text":"this","start":3872.87,"end":3873.03},{"text":"is","start":3873.03,"end":3873.15},{"text":"what","start":3873.15,"end":3873.31},{"text":"it's","start":3873.31,"end":3873.55},{"text":"all","start":3873.55,"end":3873.63},{"text":"about.","start":3873.63,"end":3874.07}]},{"text":"This is what we're referring to when we talk about development 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increasingly true that we do need to take a national approach.","start":4103.01,"end":4105.61,"topics":[],"words":[{"text":"It's","start":4103.01,"end":4103.25},{"text":"increasingly","start":4103.25,"end":4103.73},{"text":"true","start":4103.73,"end":4104.05},{"text":"that","start":4104.05,"end":4104.21},{"text":"we","start":4104.21,"end":4104.33},{"text":"do","start":4104.33,"end":4104.53},{"text":"need","start":4104.53,"end":4104.65},{"text":"to","start":4104.65,"end":4104.81},{"text":"take","start":4104.81,"end":4104.93},{"text":"a","start":4104.93,"end":4104.97},{"text":"national","start":4104.97,"end":4105.33},{"text":"approach.","start":4105.33,"end":4105.61}]},{"text":"More and more countries are saying 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the need for private financing, that's all the more true.","start":4131.17,"end":4134.53,"topics":[],"words":[{"text":"Next,","start":4131.17,"end":4131.65},{"text":"the","start":4131.89,"end":4131.97},{"text":"need","start":4131.97,"end":4132.21},{"text":"for","start":4132.21,"end":4132.41},{"text":"private","start":4132.61,"end":4133.01},{"text":"financing,","start":4133.01,"end":4133.45},{"text":"that's","start":4133.45,"end":4133.73},{"text":"all","start":4133.89,"end":4134.01},{"text":"the","start":4134.01,"end":4134.09},{"text":"more","start":4134.09,"end":4134.21},{"text":"true.","start":4134.21,"end":4134.53}]},{"text":"We've seen a shock to concessional public 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second pillar, we need to do better on spending the public money we get.","start":4239.13,"end":4243.69,"topics":[],"words":[{"text":"The","start":4239.13,"end":4239.21},{"text":"second","start":4239.21,"end":4239.53},{"text":"pillar,","start":4239.53,"end":4239.73},{"text":"we","start":4239.73,"end":4239.81},{"text":"need","start":4239.81,"end":4239.97},{"text":"to","start":4239.97,"end":4240.13},{"text":"do","start":4240.49,"end":4240.73},{"text":"better","start":4240.73,"end":4241.13},{"text":"on","start":4241.21,"end":4241.45},{"text":"spending","start":4241.69,"end":4242.13},{"text":"the","start":4242.13,"end":4242.21},{"text":"public","start":4242.21,"end":4242.49},{"text":"money","start":4242.49,"end":4243.29},{"text":"we","start":4243.29,"end":4243.45},{"text":"get.","start":4243.45,"end":4243.69}]},{"text":"We started work on this in 2023 in Paris, and I commend all of the endeavors since 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capitals.","start":4366.81,"end":4369.77,"topics":[],"words":[{"text":"For","start":4366.81,"end":4366.93},{"text":"a","start":4366.93,"end":4366.97},{"text":"very","start":4366.97,"end":4367.21},{"text":"long","start":4367.21,"end":4367.37},{"text":"time,","start":4367.37,"end":4367.85},{"text":"policies","start":4368.01,"end":4368.45},{"text":"were","start":4368.45,"end":4368.57},{"text":"devised","start":4368.57,"end":4368.97},{"text":"in","start":4368.97,"end":4369.13},{"text":"our","start":4369.13,"end":4369.21},{"text":"capitals.","start":4369.21,"end":4369.77}]},{"text":"They were devised by those who were giving the money as opposed to those who were the recipients although I don't very much like that 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we need actors.","start":4384.53,"end":4385.81,"topics":[],"words":[{"text":"But","start":4384.53,"end":4384.65},{"text":"we","start":4384.65,"end":4384.77},{"text":"need","start":4384.77,"end":4385.17},{"text":"actors.","start":4385.25,"end":4385.81}]},{"text":"What we actually need is actors.","start":4385.81,"end":4387.37,"topics":[],"words":[{"text":"What","start":4385.81,"end":4385.97},{"text":"we","start":4385.97,"end":4386.05},{"text":"actually","start":4386.05,"end":4386.33},{"text":"need","start":4386.33,"end":4386.61},{"text":"is","start":4386.69,"end":4386.85},{"text":"actors.","start":4386.93,"end":4387.37}]},{"text":"We need to respect sovereignty, respect for the independent sovereign choices made by countries, countries which are facing very serious 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the only way we are to tackle these challenges effectively.","start":4396.21,"end":4400.05,"topics":[],"words":[{"text":"That's","start":4396.21,"end":4396.57},{"text":"the","start":4396.57,"end":4396.65},{"text":"only","start":4396.65,"end":4396.93},{"text":"way","start":4396.93,"end":4397.41},{"text":"we","start":4397.49,"end":4397.89},{"text":"are","start":4397.89,"end":4398.09},{"text":"to","start":4398.09,"end":4398.45},{"text":"tackle","start":4398.45,"end":4398.85},{"text":"these","start":4398.85,"end":4398.97},{"text":"challenges","start":4398.97,"end":4399.33},{"text":"effectively.","start":4399.33,"end":4400.05}]},{"text":"So it's not just in rich country capitals that these policies should be 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countries.","start":4405.05,"end":4409.53,"topics":[],"words":[{"text":"official","start":4405.05,"end":4405.33},{"text":"development","start":4405.33,"end":4405.77},{"text":"assistance,","start":4405.77,"end":4406.17},{"text":"ODA,","start":4406.17,"end":4406.65},{"text":"coming","start":4407.29,"end":4407.77},{"text":"from","start":4407.77,"end":4408.09},{"text":"these","start":4408.09,"end":4408.41},{"text":"rich","start":4408.81,"end":4409.05},{"text":"countries.","start":4409.05,"end":4409.53}]},{"text":"We also need investment that's sustainable, that exhibits 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we need to overhaul the paradigm, to change the way we talk about this, the way we devise our 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already begun this work on climate and energy.","start":4450.29,"end":4454.93,"topics":[],"words":[{"text":"We","start":4450.29,"end":4450.45},{"text":"already","start":4450.45,"end":4450.77},{"text":"begun","start":4450.77,"end":4451.05},{"text":"this","start":4451.05,"end":4451.25},{"text":"work","start":4451.25,"end":4451.57},{"text":"on","start":4453.57,"end":4453.73},{"text":"climate","start":4453.73,"end":4454.21},{"text":"and","start":4454.21,"end":4454.37},{"text":"energy.","start":4454.45,"end":4454.93}]},{"text":"the Just Energy Transition Program, the JETP program.","start":4456.57,"end":4460.37,"topics":[],"words":[{"text":"the","start":4456.57,"end":4456.69},{"text":"Just","start":4456.73,"end":4457.05},{"text":"Energy","start":4457.13,"end":4457.61},{"text":"Transition","start":4457.77,"end":4458.25},{"text":"Program,","start":4458.25,"end":4458.89},{"text":"the","start":4459.05,"end":4459.13},{"text":"JETP","start":4459.17,"end":4459.93},{"text":"program.","start":4459.93,"end":4460.37}]},{"text":"And I think we need to assess, to take stock of what's been 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needs to be project-based, we need coordinators, it's great.","start":4481.53,"end":4484.49,"topics":[],"words":[{"text":"It","start":4481.53,"end":4481.61},{"text":"needs","start":4481.61,"end":4481.77},{"text":"to","start":4481.77,"end":4481.85},{"text":"be","start":4481.85,"end":4481.93},{"text":"project-based,","start":4481.93,"end":4483.13},{"text":"we","start":4483.13,"end":4483.25},{"text":"need","start":4483.25,"end":4483.37},{"text":"coordinators,","start":4483.37,"end":4483.89},{"text":"it's","start":4483.89,"end":4484.13},{"text":"great.","start":4484.13,"end":4484.49}]},{"text":"to think about what everyone around the table can do to help a 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continue driving forward our agenda.","start":4853.37,"end":4856.41,"topics":[],"words":[{"text":"We'll","start":4853.37,"end":4853.61},{"text":"continue","start":4853.61,"end":4854.09},{"text":"driving","start":4854.09,"end":4854.41},{"text":"forward","start":4854.41,"end":4854.81},{"text":"our","start":4854.97,"end":4855.13},{"text":"agenda.","start":4855.69,"end":4856.41}]},{"text":"We have the Lyon Summit, where we'll be working on health-related 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you for your kind attention, ladies and gentlemen.","start":4904.05,"end":4906.37,"topics":[],"words":[{"text":"Thank","start":4904.05,"end":4904.33},{"text":"you","start":4904.33,"end":4904.53},{"text":"for","start":4904.53,"end":4904.69},{"text":"your","start":4904.69,"end":4904.81},{"text":"kind","start":4904.81,"end":4905.17},{"text":"attention,","start":4905.17,"end":4905.61},{"text":"ladies","start":4905.61,"end":4905.85},{"text":"and","start":4905.85,"end":4905.97},{"text":"gentlemen.","start":4905.97,"end":4906.37}]},{"text":"Thank you very much to the government of Spain for their 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was not merely a political event, but a profound act of civic maturity and renewal.","start":5053.69,"end":5061.05,"topics":[],"words":[{"text":"It","start":5053.69,"end":5053.85},{"text":"was","start":5053.85,"end":5054.09},{"text":"not","start":5054.09,"end":5054.33},{"text":"merely","start":5054.33,"end":5054.89},{"text":"a","start":5054.89,"end":5054.93},{"text":"political","start":5054.93,"end":5055.65},{"text":"event,","start":5055.65,"end":5056.25},{"text":"but","start":5056.49,"end":5056.77},{"text":"a","start":5056.77,"end":5056.81},{"text":"profound","start":5056.81,"end":5057.61},{"text":"act","start":5057.61,"end":5058.05},{"text":"of","start":5058.05,"end":5058.17},{"text":"civic","start":5058.17,"end":5058.89},{"text":"maturity","start":5059.13,"end":5060.09},{"text":"and","start":5060.09,"end":5060.33},{"text":"renewal.","start":5060.33,"end":5061.05}]},{"text":"In 2024, our economy contracted by 3%, driven by a sharp decline in diamond sales amid global shifts and 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competition.","start":5061.85,"end":5074.17,"topics":[],"words":[{"text":"In","start":5061.85,"end":5062.09},{"text":"2024,","start":5062.09,"end":5063.29},{"text":"our","start":5063.89,"end":5064.01},{"text":"economy","start":5064.05,"end":5064.65},{"text":"contracted","start":5064.65,"end":5065.37},{"text":"by","start":5065.37,"end":5065.61},{"text":"3%,","start":5065.61,"end":5065.65},{"text":"driven","start":5065.69,"end":5066.49},{"text":"by","start":5067.53,"end":5067.73},{"text":"a","start":5067.73,"end":5067.77},{"text":"sharp","start":5067.77,"end":5068.33},{"text":"decline","start":5068.41,"end":5068.97},{"text":"in","start":5068.97,"end":5069.13},{"text":"diamond","start":5069.13,"end":5069.61},{"text":"sales","start":5069.61,"end":5070.25},{"text":"amid","start":5070.69,"end":5071.01},{"text":"global","start":5071.01,"end":5071.53},{"text":"shifts","start":5071.53,"end":5072.05},{"text":"and","start":5072.05,"end":5072.21},{"text":"rising","start":5072.21,"end":5072.65},{"text":"synthetic","start":5072.65,"end":5073.25},{"text":"competition.","start":5073.25,"end":5074.17}]},{"text":"Yet our non-diamond sectors grew by 4.2%. underscoring the underlying resilience we are building through diversification.","start":5074.73,"end":5086.85,"topics":[],"words":[{"text":"Yet","start":5074.73,"end":5075.53},{"text":"our","start":5075.53,"end":5075.61},{"text":"non-diamond","start":5075.69,"end":5077.45},{"text":"sectors","start":5077.45,"end":5078.17},{"text":"grew","start":5078.57,"end":5078.97},{"text":"by","start":5078.97,"end":5079.21},{"text":"4.2%.","start":5079.21,"end":5080.09},{"text":"underscoring","start":5081.21,"end":5082.13},{"text":"the","start":5082.13,"end":5082.25},{"text":"underlying","start":5082.29,"end":5082.93},{"text":"resilience","start":5082.93,"end":5083.81},{"text":"we","start":5084.21,"end":5084.45},{"text":"are","start":5084.45,"end":5084.53},{"text":"building","start":5084.53,"end":5085.17},{"text":"through","start":5085.17,"end":5085.57},{"text":"diversification.","start":5085.57,"end":5086.85}]},{"text":"We do not view adversity as defeat, but as a catalyst for reform.","start":5088.13,"end":5093.81,"topics":[],"words":[{"text":"We","start":5088.13,"end":5088.37},{"text":"do","start":5088.37,"end":5088.69},{"text":"not","start":5088.69,"end":5088.93},{"text":"view","start":5088.93,"end":5089.41},{"text":"adversity","start":5089.41,"end":5090.29},{"text":"as","start":5090.29,"end":5090.53},{"text":"defeat,","start":5090.53,"end":5091.25},{"text":"but","start":5091.65,"end":5091.89},{"text":"as","start":5091.89,"end":5092.05},{"text":"a","start":5092.13,"end":5092.17},{"text":"catalyst","start":5092.17,"end":5092.93},{"text":"for","start":5092.93,"end":5093.17},{"text":"reform.","start":5093.17,"end":5093.81}]},{"text":"Botswana remains fiscally sound, with one of the lowest debt-to-GDP ratios in sub-Saharan Africa.","start":5094.45,"end":5103.05,"topics":[],"words":[{"text":"Botswana","start":5094.45,"end":5095.09},{"text":"remains","start":5095.09,"end":5095.73},{"text":"fiscally","start":5095.73,"end":5096.37},{"text":"sound,","start":5096.37,"end":5097.09},{"text":"with","start":5097.41,"end":5097.65},{"text":"one","start":5097.65,"end":5097.97},{"text":"of","start":5097.97,"end":5098.05},{"text":"the","start":5098.05,"end":5098.13},{"text":"lowest","start":5098.13,"end":5098.85},{"text":"debt-to-GDP","start":5099.09,"end":5100.29},{"text":"ratios","start":5100.29,"end":5101.01},{"text":"in","start":5101.33,"end":5101.49},{"text":"sub-Saharan","start":5101.49,"end":5102.53},{"text":"Africa.","start":5102.53,"end":5103.05}]},{"text":"Our commitment to inclusive and sustainable development remains firm.","start":5103.05,"end":5110.05,"topics":[],"words":[{"text":"Our","start":5103.05,"end":5103.17},{"text":"commitment","start":5104.29,"end":5105.37},{"text":"to","start":5105.37,"end":5105.45},{"text":"inclusive","start":5105.45,"end":5106.29},{"text":"and","start":5106.77,"end":5107.09},{"text":"sustainable","start":5107.09,"end":5108.13},{"text":"development","start":5108.21,"end":5108.93},{"text":"remains","start":5108.93,"end":5109.49},{"text":"firm.","start":5109.49,"end":5110.05}]},{"text":"Our development planning process recognizes growth without justice is fragile and development without equity is unsustainable.","start":5111.01,"end":5123.17,"topics":[],"words":[{"text":"Our","start":5111.01,"end":5111.09},{"text":"development","start":5111.09,"end":5111.81},{"text":"planning","start":5111.81,"end":5112.29},{"text":"process","start":5112.29,"end":5113.25},{"text":"recognizes","start":5113.57,"end":5114.53},{"text":"growth","start":5114.53,"end":5115.05},{"text":"without","start":5117.09,"end":5117.57},{"text":"justice","start":5117.57,"end":5118.29},{"text":"is","start":5118.37,"end":5118.61},{"text":"fragile","start":5118.61,"end":5119.33},{"text":"and","start":5119.33,"end":5119.57},{"text":"development","start":5119.57,"end":5120.29},{"text":"without","start":5120.29,"end":5120.69},{"text":"equity","start":5120.69,"end":5121.33},{"text":"is","start":5121.73,"end":5121.97},{"text":"unsustainable.","start":5121.97,"end":5123.17}]},{"text":"This is the ethic we bring to the global conversation.","start":5123.81,"end":5127.49,"topics":[],"words":[{"text":"This","start":5123.81,"end":5124.13},{"text":"is","start":5124.13,"end":5124.29},{"text":"the","start":5124.29,"end":5124.37},{"text":"ethic","start":5124.37,"end":5124.93},{"text":"we","start":5124.93,"end":5125.17},{"text":"bring","start":5125.17,"end":5125.57},{"text":"to","start":5125.57,"end":5125.73},{"text":"the","start":5125.73,"end":5125.89},{"text":"global","start":5125.93,"end":5126.45},{"text":"conversation.","start":5126.45,"end":5127.49}]},{"text":"Africa contributes just 3.8% of global greenhouse gas emissions, yet it bears the brunt of climate devastation, from intensifying droughts in the Kalahari to the destructive floods across the continent.","start":5128.73,"end":5146.65,"topics":[],"words":[{"text":"Africa","start":5128.73,"end":5129.25},{"text":"contributes","start":5129.25,"end":5130.29},{"text":"just","start":5130.29,"end":5131.85},{"text":"3.8%","start":5131.85,"end":5132.01},{"text":"of","start":5132.01,"end":5132.21},{"text":"global","start":5132.21,"end":5132.85},{"text":"greenhouse","start":5132.85,"end":5133.57},{"text":"gas","start":5133.57,"end":5134.05},{"text":"emissions,","start":5134.45,"end":5135.25},{"text":"yet","start":5135.65,"end":5136.05},{"text":"it","start":5136.05,"end":5136.21},{"text":"bears","start":5136.21,"end":5136.85},{"text":"the","start":5136.85,"end":5137.01},{"text":"brunt","start":5137.01,"end":5137.65},{"text":"of","start":5138.01,"end":5138.25},{"text":"climate","start":5138.25,"end":5138.77},{"text":"devastation,","start":5138.77,"end":5139.93},{"text":"from","start":5140.41,"end":5140.65},{"text":"intensifying","start":5140.65,"end":5141.61},{"text":"droughts","start":5141.61,"end":5142.17},{"text":"in","start":5142.17,"end":5142.29},{"text":"the","start":5142.29,"end":5142.41},{"text":"Kalahari","start":5142.41,"end":5143.29},{"text":"to","start":5143.53,"end":5143.73},{"text":"the","start":5143.73,"end":5143.85},{"text":"destructive","start":5143.85,"end":5144.61},{"text":"floods","start":5144.61,"end":5145.21},{"text":"across","start":5145.21,"end":5145.69},{"text":"the","start":5145.69,"end":5145.77},{"text":"continent.","start":5145.77,"end":5146.65}]},{"text":"Climate change is not a distant risk, but a lived reality.","start":5147.05,"end":5151.93,"topics":[],"words":[{"text":"Climate","start":5147.05,"end":5147.57},{"text":"change","start":5147.57,"end":5148.17},{"text":"is","start":5148.49,"end":5148.73},{"text":"not","start":5148.73,"end":5148.93},{"text":"a","start":5148.93,"end":5148.97},{"text":"distant","start":5148.97,"end":5149.53},{"text":"risk,","start":5149.53,"end":5150.09},{"text":"but","start":5150.33,"end":5150.61},{"text":"a","start":5150.61,"end":5150.65},{"text":"lived","start":5150.65,"end":5151.13},{"text":"reality.","start":5151.13,"end":5151.93}]},{"text":"Meeting the goals of the Paris Agreement will require an estimated 6.9 trillion annually by 2030 in sustainable infrastructure investment.","start":5152.89,"end":5164.57,"topics":[],"words":[{"text":"Meeting","start":5152.89,"end":5153.37},{"text":"the","start":5153.37,"end":5153.49},{"text":"goals","start":5153.49,"end":5154.01},{"text":"of","start":5154.01,"end":5154.17},{"text":"the","start":5154.17,"end":5154.25},{"text":"Paris","start":5154.25,"end":5154.81},{"text":"Agreement","start":5154.81,"end":5155.53},{"text":"will","start":5155.77,"end":5156.01},{"text":"require","start":5156.01,"end":5156.73},{"text":"an","start":5156.77,"end":5156.89},{"text":"estimated","start":5156.89,"end":5157.69},{"text":"6.9","start":5157.69,"end":5158.57},{"text":"trillion","start":5158.57,"end":5159.13},{"text":"annually","start":5159.65,"end":5160.09},{"text":"by","start":5160.09,"end":5160.25},{"text":"2030","start":5160.25,"end":5161.21},{"text":"in","start":5161.53,"end":5161.77},{"text":"sustainable","start":5161.77,"end":5162.81},{"text":"infrastructure","start":5162.81,"end":5163.69},{"text":"investment.","start":5163.69,"end":5164.57}]},{"text":"These investments are critical to achieving climate-aligned development across energy, transport, water, and urban systems.","start":5165.17,"end":5176.05,"topics":[],"words":[{"text":"These","start":5165.17,"end":5165.57},{"text":"investments","start":5165.57,"end":5166.37},{"text":"are","start":5166.37,"end":5166.49},{"text":"critical","start":5166.49,"end":5167.25},{"text":"to","start":5167.65,"end":5167.81},{"text":"achieving","start":5167.81,"end":5168.45},{"text":"climate-aligned","start":5168.45,"end":5169.61},{"text":"development","start":5169.61,"end":5170.45},{"text":"across","start":5170.89,"end":5171.33},{"text":"energy,","start":5171.33,"end":5171.97},{"text":"transport,","start":5171.97,"end":5172.85},{"text":"water,","start":5173.09,"end":5173.65},{"text":"and","start":5173.65,"end":5174.05},{"text":"urban","start":5174.17,"end":5174.61},{"text":"systems.","start":5174.61,"end":5176.05}]},{"text":"Yet the gap between the need and delivery remains vast.","start":5176.77,"end":5182.45,"topics":[],"words":[{"text":"Yet","start":5176.77,"end":5177.17},{"text":"the","start":5177.17,"end":5177.29},{"text":"gap","start":5177.33,"end":5177.81},{"text":"between","start":5178.45,"end":5179.09},{"text":"the","start":5179.09,"end":5179.21},{"text":"need","start":5179.25,"end":5179.81},{"text":"and","start":5180.13,"end":5180.41},{"text":"delivery","start":5180.41,"end":5181.17},{"text":"remains","start":5181.33,"end":5181.89},{"text":"vast.","start":5181.89,"end":5182.45}]},{"text":"We must invest in building capacity and capabilities that nourish productive ecosystems and plant or cultivate high-impact institutions.","start":5183.57,"end":5197.09,"topics":[],"words":[{"text":"We","start":5183.57,"end":5183.89},{"text":"must","start":5183.89,"end":5184.37},{"text":"invest","start":5184.37,"end":5185.09},{"text":"in","start":5185.41,"end":5185.65},{"text":"building","start":5185.65,"end":5186.13},{"text":"capacity","start":5186.13,"end":5187.09},{"text":"and","start":5187.09,"end":5187.25},{"text":"capabilities","start":5187.25,"end":5188.37},{"text":"that","start":5188.77,"end":5189.01},{"text":"nourish","start":5189.01,"end":5189.81},{"text":"productive","start":5189.97,"end":5190.85},{"text":"ecosystems","start":5190.85,"end":5191.89},{"text":"and","start":5192.29,"end":5192.61},{"text":"plant","start":5192.61,"end":5193.25},{"text":"or","start":5193.49,"end":5193.69},{"text":"cultivate","start":5193.69,"end":5194.69},{"text":"high-impact","start":5195.09,"end":5196.05},{"text":"institutions.","start":5196.05,"end":5197.09}]},{"text":"We must invest in both modern skills and modern infrastructure.","start":5197.49,"end":5202.93,"topics":[],"words":[{"text":"We","start":5197.49,"end":5197.73},{"text":"must","start":5197.73,"end":5198.13},{"text":"invest","start":5198.13,"end":5198.69},{"text":"in","start":5198.69,"end":5198.85},{"text":"both","start":5198.85,"end":5199.25},{"text":"modern","start":5199.65,"end":5200.13},{"text":"skills","start":5200.13,"end":5200.93},{"text":"and","start":5201.25,"end":5201.49},{"text":"modern","start":5201.49,"end":5201.89},{"text":"infrastructure.","start":5201.89,"end":5202.93}]},{"text":"More concerning still is that just 7% of MDBs funding reached national development banks in developing countries, according to an analysis by the Overseas Development Institute.","start":5203.73,"end":5221.25,"topics":[],"words":[{"text":"More","start":5203.73,"end":5204.13},{"text":"concerning","start":5204.13,"end":5204.93},{"text":"still","start":5204.93,"end":5205.41},{"text":"is","start":5206.13,"end":5206.29},{"text":"that","start":5206.29,"end":5206.45},{"text":"just","start":5206.45,"end":5208.45},{"text":"7%","start":5208.77,"end":5208.81},{"text":"of","start":5208.85,"end":5209.09},{"text":"MDBs","start":5209.77,"end":5210.77},{"text":"funding","start":5210.77,"end":5211.41},{"text":"reached","start":5211.81,"end":5212.29},{"text":"national","start":5212.45,"end":5213.01},{"text":"development","start":5213.01,"end":5213.57},{"text":"banks","start":5213.57,"end":5214.05},{"text":"in","start":5214.37,"end":5214.53},{"text":"developing","start":5214.53,"end":5215.25},{"text":"countries,","start":5215.25,"end":5216.05},{"text":"according","start":5216.53,"end":5217.09},{"text":"to","start":5217.09,"end":5217.41},{"text":"an","start":5217.53,"end":5217.65},{"text":"analysis","start":5217.65,"end":5218.37},{"text":"by","start":5218.37,"end":5218.53},{"text":"the","start":5218.53,"end":5218.65},{"text":"Overseas","start":5218.65,"end":5219.25},{"text":"Development","start":5219.25,"end":5220.05},{"text":"Institute.","start":5220.29,"end":5221.25}]},{"text":"This gap is not only financial, It is structural.","start":5221.65,"end":5225.57,"topics":[],"words":[{"text":"This","start":5221.65,"end":5221.97},{"text":"gap","start":5221.97,"end":5222.45},{"text":"is","start":5222.45,"end":5222.61},{"text":"not","start":5222.61,"end":5222.85},{"text":"only","start":5222.85,"end":5223.17},{"text":"financial,","start":5223.17,"end":5224.05},{"text":"It","start":5224.45,"end":5224.61},{"text":"is","start":5224.61,"end":5224.77},{"text":"structural.","start":5224.77,"end":5225.57}]},{"text":"Closing it is not just an economic imperative, but a matter of climate justice and shared global stability.","start":5226.29,"end":5236.13,"topics":[],"words":[{"text":"Closing","start":5226.29,"end":5226.93},{"text":"it","start":5226.93,"end":5227.33},{"text":"is","start":5227.65,"end":5227.89},{"text":"not","start":5227.89,"end":5228.13},{"text":"just","start":5228.13,"end":5228.49},{"text":"an","start":5228.49,"end":5228.65},{"text":"economic","start":5228.65,"end":5229.33},{"text":"imperative,","start":5229.33,"end":5230.21},{"text":"but","start":5230.61,"end":5230.89},{"text":"a","start":5230.89,"end":5230.93},{"text":"matter","start":5230.93,"end":5231.45},{"text":"of","start":5231.45,"end":5231.65},{"text":"climate","start":5231.65,"end":5232.17},{"text":"justice","start":5232.17,"end":5232.93},{"text":"and","start":5233.25,"end":5233.57},{"text":"shared","start":5233.57,"end":5234.17},{"text":"global","start":5234.17,"end":5234.85},{"text":"stability.","start":5235.09,"end":5236.13}]},{"text":"In Botswana, our 2025 budget emphasizes broadening the tax base, formalizing the informal sector, and enhancing VAT compliance, all the while protecting the most vulnerable.","start":5236.77,"end":5252.45,"topics":[],"words":[{"text":"In","start":5236.77,"end":5237.01},{"text":"Botswana,","start":5237.01,"end":5237.73},{"text":"our","start":5238.21,"end":5238.29},{"text":"2025","start":5238.45,"end":5239.65},{"text":"budget","start":5239.65,"end":5240.37},{"text":"emphasizes","start":5240.37,"end":5241.25},{"text":"broadening","start":5241.25,"end":5241.85},{"text":"the","start":5241.85,"end":5241.93},{"text":"tax","start":5241.93,"end":5242.37},{"text":"base,","start":5242.37,"end":5242.85},{"text":"formalizing","start":5243.17,"end":5244.13},{"text":"the","start":5244.13,"end":5244.25},{"text":"informal","start":5244.25,"end":5244.77},{"text":"sector,","start":5244.77,"end":5245.33},{"text":"and","start":5245.73,"end":5246.01},{"text":"enhancing","start":5246.01,"end":5246.85},{"text":"VAT","start":5246.85,"end":5247.41},{"text":"compliance,","start":5247.41,"end":5248.45},{"text":"all","start":5249.09,"end":5249.41},{"text":"the","start":5249.41,"end":5249.49},{"text":"while","start":5249.49,"end":5249.81},{"text":"protecting","start":5249.81,"end":5250.69},{"text":"the","start":5251.09,"end":5251.21},{"text":"most","start":5251.21,"end":5251.57},{"text":"vulnerable.","start":5251.57,"end":5252.45}]},{"text":"We support the establishment of a UN framework convention on international tax cooperation with binding global standards for automatic information exchange, beneficial ownership transparency, and fair digital taxation.","start":5253.53,"end":5272.89,"topics":[],"words":[{"text":"We","start":5253.53,"end":5253.85},{"text":"support","start":5253.85,"end":5254.49},{"text":"the","start":5254.49,"end":5254.69},{"text":"establishment","start":5254.73,"end":5255.77},{"text":"of","start":5256.09,"end":5256.25},{"text":"a","start":5256.33,"end":5256.37},{"text":"UN","start":5256.37,"end":5256.89},{"text":"framework","start":5256.89,"end":5257.53},{"text":"convention","start":5257.53,"end":5258.17},{"text":"on","start":5258.81,"end":5259.05},{"text":"international","start":5259.05,"end":5259.85},{"text":"tax","start":5259.85,"end":5260.37},{"text":"cooperation","start":5260.37,"end":5261.37},{"text":"with","start":5261.69,"end":5262.01},{"text":"binding","start":5262.01,"end":5262.65},{"text":"global","start":5262.65,"end":5263.21},{"text":"standards","start":5263.21,"end":5263.93},{"text":"for","start":5264.17,"end":5264.53},{"text":"automatic","start":5264.53,"end":5265.29},{"text":"information","start":5265.29,"end":5266.01},{"text":"exchange,","start":5266.01,"end":5266.73},{"text":"beneficial","start":5267.13,"end":5268.25},{"text":"ownership","start":5268.25,"end":5268.85},{"text":"transparency,","start":5268.85,"end":5269.93},{"text":"and","start":5270.33,"end":5270.57},{"text":"fair","start":5270.57,"end":5270.85},{"text":"digital","start":5270.85,"end":5271.69},{"text":"taxation.","start":5272.01,"end":5272.89}]},{"text":"In the digital economy, justice must move faster than capital.","start":5273.53,"end":5279.61,"topics":[],"words":[{"text":"In","start":5273.53,"end":5273.77},{"text":"the","start":5273.77,"end":5273.89},{"text":"digital","start":5273.89,"end":5274.57},{"text":"economy,","start":5274.57,"end":5275.29},{"text":"justice","start":5275.69,"end":5276.49},{"text":"must","start":5276.49,"end":5276.81},{"text":"move","start":5276.81,"end":5277.25},{"text":"faster","start":5277.25,"end":5277.93},{"text":"than","start":5278.41,"end":5278.89},{"text":"capital.","start":5278.89,"end":5279.61}]},{"text":"Today, 60% of low-income countries are in or high risk of debt distress.","start":5280.37,"end":5288.29,"topics":[],"words":[{"text":"Today,","start":5280.37,"end":5280.93},{"text":"60%","start":5281.89,"end":5281.93},{"text":"of","start":5281.97,"end":5282.13},{"text":"low-income","start":5282.13,"end":5282.93},{"text":"countries","start":5282.93,"end":5283.73},{"text":"are","start":5284.41,"end":5284.49},{"text":"in","start":5284.85,"end":5285.33},{"text":"or","start":5285.33,"end":5285.81},{"text":"high","start":5286.21,"end":5286.53},{"text":"risk","start":5286.53,"end":5287.01},{"text":"of","start":5287.01,"end":5287.17},{"text":"debt","start":5287.17,"end":5287.41},{"text":"distress.","start":5287.41,"end":5288.29}]},{"text":"We reject the false dichotomy between debt sustainability and development.","start":5288.85,"end":5295.41,"topics":[],"words":[{"text":"We","start":5288.85,"end":5289.09},{"text":"reject","start":5289.09,"end":5289.89},{"text":"the","start":5290.21,"end":5290.37},{"text":"false","start":5290.37,"end":5290.85},{"text":"dichotomy","start":5290.85,"end":5291.81},{"text":"between","start":5292.13,"end":5292.69},{"text":"debt","start":5292.69,"end":5293.01},{"text":"sustainability","start":5293.01,"end":5294.33},{"text":"and","start":5294.33,"end":5294.53},{"text":"development.","start":5294.53,"end":5295.41}]},{"text":"For many countries, this is not just a fiscal debate, it is existential.","start":5296.13,"end":5302.29,"topics":[],"words":[{"text":"For","start":5296.13,"end":5296.29},{"text":"many","start":5296.29,"end":5296.61},{"text":"countries,","start":5296.61,"end":5297.41},{"text":"this","start":5297.73,"end":5298.13},{"text":"is","start":5298.13,"end":5298.29},{"text":"not","start":5298.29,"end":5298.53},{"text":"just","start":5298.53,"end":5298.85},{"text":"a","start":5298.85,"end":5298.93},{"text":"fiscal","start":5298.93,"end":5299.65},{"text":"debate,","start":5299.65,"end":5300.29},{"text":"it","start":5300.77,"end":5300.93},{"text":"is","start":5300.93,"end":5301.17},{"text":"existential.","start":5301.17,"end":5302.29}]},{"text":"Botswana support supports, first, the creation of a UN-led sovereign debt workout mechanism to ensure timely and equitable restructuring.","start":5302.93,"end":5314.65,"topics":[],"words":[{"text":"Botswana","start":5302.93,"end":5303.57},{"text":"support","start":5303.57,"end":5304.45},{"text":"supports,","start":5304.89,"end":5305.61},{"text":"first,","start":5305.61,"end":5306.17},{"text":"the","start":5306.49,"end":5306.61},{"text":"creation","start":5306.65,"end":5307.33},{"text":"of","start":5307.33,"end":5307.49},{"text":"a","start":5307.49,"end":5307.53},{"text":"UN-led","start":5307.53,"end":5308.25},{"text":"sovereign","start":5308.25,"end":5308.73},{"text":"debt","start":5308.73,"end":5309.21},{"text":"workout","start":5309.21,"end":5309.69},{"text":"mechanism","start":5309.69,"end":5310.57},{"text":"to","start":5310.97,"end":5311.09},{"text":"ensure","start":5311.09,"end":5311.61},{"text":"timely","start":5311.61,"end":5312.33},{"text":"and","start":5312.33,"end":5312.53},{"text":"equitable","start":5312.53,"end":5313.37},{"text":"restructuring.","start":5313.61,"end":5314.65}]},{"text":"Second, Botswana support the green reallocation of unused special drawing rights from surplus nations to those most vulnerable to climate shocks.","start":5315.13,"end":5327.13,"topics":[],"words":[{"text":"Second,","start":5315.13,"end":5315.85},{"text":"Botswana","start":5316.57,"end":5317.05},{"text":"support","start":5317.05,"end":5317.61},{"text":"the","start":5317.61,"end":5317.73},{"text":"green","start":5317.73,"end":5318.17},{"text":"reallocation","start":5318.17,"end":5319.29},{"text":"of","start":5319.53,"end":5319.77},{"text":"unused","start":5319.81,"end":5320.25},{"text":"special","start":5320.25,"end":5320.73},{"text":"drawing","start":5320.73,"end":5321.05},{"text":"rights","start":5321.05,"end":5321.61},{"text":"from","start":5321.93,"end":5322.17},{"text":"surplus","start":5322.17,"end":5322.81},{"text":"nations","start":5322.81,"end":5323.45},{"text":"to","start":5323.77,"end":5323.93},{"text":"those","start":5323.93,"end":5324.33},{"text":"most","start":5324.33,"end":5324.73},{"text":"vulnerable","start":5324.73,"end":5325.53},{"text":"to","start":5325.85,"end":5326.01},{"text":"climate","start":5326.01,"end":5326.45},{"text":"shocks.","start":5326.45,"end":5327.13}]},{"text":"Mr. President, we must not allow technical assessments to override human dignity and opportunity.","start":5328.41,"end":5335.57,"topics":[],"words":[{"text":"Mr.","start":5328.41,"end":5328.73},{"text":"President,","start":5328.73,"end":5329.53},{"text":"we","start":5329.53,"end":5329.77},{"text":"must","start":5329.77,"end":5330.05},{"text":"not","start":5330.05,"end":5330.25},{"text":"allow","start":5330.25,"end":5330.57},{"text":"technical","start":5330.57,"end":5331.33},{"text":"assessments","start":5331.33,"end":5332.17},{"text":"to","start":5332.53,"end":5332.89},{"text":"override","start":5332.89,"end":5333.49},{"text":"human","start":5333.49,"end":5333.89},{"text":"dignity","start":5333.89,"end":5334.57},{"text":"and","start":5334.57,"end":5334.73},{"text":"opportunity.","start":5334.73,"end":5335.57}]},{"text":"We cannot accept a world where a child's life chances are determined by a credit rating.","start":5336.21,"end":5343.33,"topics":[],"words":[{"text":"We","start":5336.21,"end":5336.37},{"text":"cannot","start":5336.37,"end":5336.93},{"text":"accept","start":5336.93,"end":5337.57},{"text":"a","start":5337.57,"end":5337.61},{"text":"world","start":5337.61,"end":5338.17},{"text":"where","start":5338.61,"end":5339.05},{"text":"a","start":5339.05,"end":5339.09},{"text":"child's","start":5339.09,"end":5339.57},{"text":"life","start":5339.57,"end":5339.97},{"text":"chances","start":5339.97,"end":5340.61},{"text":"are","start":5340.61,"end":5340.69},{"text":"determined","start":5340.69,"end":5341.49},{"text":"by","start":5341.81,"end":5342.17},{"text":"a","start":5342.17,"end":5342.21},{"text":"credit","start":5342.21,"end":5342.69},{"text":"rating.","start":5342.69,"end":5343.33}]},{"text":"Let us build a global system where the future is bankable and where dignity, not debt, determines destiny.","start":5343.89,"end":5353.49,"topics":[],"words":[{"text":"Let","start":5343.89,"end":5344.21},{"text":"us","start":5344.25,"end":5344.37},{"text":"build","start":5344.37,"end":5344.81},{"text":"a","start":5344.81,"end":5344.85},{"text":"global","start":5344.85,"end":5345.41},{"text":"system","start":5345.41,"end":5346.21},{"text":"where","start":5346.53,"end":5346.85},{"text":"the","start":5346.85,"end":5346.97},{"text":"future","start":5347.01,"end":5347.65},{"text":"is","start":5347.65,"end":5347.89},{"text":"bankable","start":5347.89,"end":5348.61},{"text":"and","start":5349.01,"end":5349.21},{"text":"where","start":5349.21,"end":5349.45},{"text":"dignity,","start":5349.45,"end":5350.21},{"text":"not","start":5350.21,"end":5350.49},{"text":"debt,","start":5350.49,"end":5351.01},{"text":"determines","start":5351.41,"end":5352.37},{"text":"destiny.","start":5352.69,"end":5353.49}]},{"text":"In 2024, nearly 200 humanitarian workers lost their lives in conflict zones.","start":5354.13,"end":5361.49,"topics":[],"words":[{"text":"In","start":5354.13,"end":5354.29},{"text":"2024,","start":5354.29,"end":5355.41},{"text":"nearly","start":5355.81,"end":5356.29},{"text":"200","start":5356.29,"end":5357.09},{"text":"humanitarian","start":5357.09,"end":5358.13},{"text":"workers","start":5358.13,"end":5358.53},{"text":"lost","start":5358.53,"end":5358.89},{"text":"their","start":5358.89,"end":5359.01},{"text":"lives","start":5359.01,"end":5359.65},{"text":"in","start":5359.97,"end":5360.21},{"text":"conflict","start":5360.21,"end":5360.77},{"text":"zones.","start":5360.77,"end":5361.49}]},{"text":"These are not just statistics, they are warnings.","start":5362.01,"end":5365.45,"topics":[],"words":[{"text":"These","start":5362.01,"end":5362.41},{"text":"are","start":5362.41,"end":5362.49},{"text":"not","start":5362.49,"end":5362.69},{"text":"just","start":5362.69,"end":5362.93},{"text":"statistics,","start":5362.93,"end":5363.85},{"text":"they","start":5364.17,"end":5364.49},{"text":"are","start":5364.49,"end":5364.65},{"text":"warnings.","start":5364.65,"end":5365.45}]},{"text":"If we fail to finance peace, we will be forced to fund 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in this spirit, Botswana supports the triple R agenda for multilateral development bank reform.","start":5390.45,"end":5398.29,"topics":[],"words":[{"text":"And","start":5390.45,"end":5390.65},{"text":"in","start":5390.65,"end":5390.77},{"text":"this","start":5390.77,"end":5390.97},{"text":"spirit,","start":5390.97,"end":5391.41},{"text":"Botswana","start":5391.41,"end":5391.97},{"text":"supports","start":5391.97,"end":5392.77},{"text":"the","start":5393.09,"end":5393.21},{"text":"triple","start":5393.21,"end":5393.73},{"text":"R","start":5393.73,"end":5394.01},{"text":"agenda","start":5394.01,"end":5394.69},{"text":"for","start":5395.01,"end":5395.25},{"text":"multilateral","start":5395.25,"end":5396.17},{"text":"development","start":5396.17,"end":5396.77},{"text":"bank","start":5396.77,"end":5397.25},{"text":"reform.","start":5397.57,"end":5398.29}]},{"text":"Your Excellencies, vision is not merely the ability to predict the future, but it is also the courage to prepare for it and the conviction to shape 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modest in population, Botswana speaks with conviction conviction grounded in moral clarity.","start":5411.97,"end":5420.17,"topics":[],"words":[{"text":"Though","start":5411.97,"end":5412.29},{"text":"modest","start":5412.29,"end":5412.85},{"text":"in","start":5412.85,"end":5413.01},{"text":"population,","start":5413.01,"end":5413.97},{"text":"Botswana","start":5414.37,"end":5414.93},{"text":"speaks","start":5414.93,"end":5415.81},{"text":"with","start":5415.81,"end":5416.05},{"text":"conviction","start":5416.05,"end":5416.93},{"text":"conviction","start":5417.37,"end":5418.09},{"text":"grounded","start":5418.09,"end":5418.69},{"text":"in","start":5418.69,"end":5418.81},{"text":"moral","start":5418.81,"end":5419.29},{"text":"clarity.","start":5419.29,"end":5420.17}]},{"text":"We believe in leadership that dignifies and not dominates.","start":5420.57,"end":5426.77,"topics":[],"words":[{"text":"We","start":5420.57,"end":5420.89},{"text":"believe","start":5420.89,"end":5421.53},{"text":"in","start":5421.53,"end":5422.01},{"text":"leadership","start":5422.01,"end":5423.41},{"text":"that","start":5423.41,"end":5423.85},{"text":"dignifies","start":5424.25,"end":5425.21},{"text":"and","start":5425.53,"end":5425.81},{"text":"not","start":5425.81,"end":5426.09},{"text":"dominates.","start":5426.09,"end":5426.77}]},{"text":"Let us forge a new social contract for global finance, one rooted in planetary stewardship, intergenerational fairness, and shared responsibility.","start":5427.37,"end":5441.53,"topics":[],"words":[{"text":"Let","start":5427.37,"end":5427.85},{"text":"us","start":5428.01,"end":5428.41},{"text":"forge","start":5428.49,"end":5429.13},{"text":"a","start":5429.53,"end":5429.57},{"text":"new","start":5429.57,"end":5430.01},{"text":"social","start":5430.01,"end":5430.57},{"text":"contract","start":5430.57,"end":5431.37},{"text":"for","start":5431.61,"end":5431.85},{"text":"global","start":5431.85,"end":5432.25},{"text":"finance,","start":5432.25,"end":5433.13},{"text":"one","start":5433.37,"end":5433.93},{"text":"rooted","start":5433.93,"end":5434.41},{"text":"in","start":5434.41,"end":5434.57},{"text":"planetary","start":5434.57,"end":5435.33},{"text":"stewardship,","start":5435.33,"end":5436.17},{"text":"intergenerational","start":5437.13,"end":5438.49},{"text":"fairness,","start":5438.49,"end":5439.21},{"text":"and","start":5439.61,"end":5439.85},{"text":"shared","start":5439.85,"end":5440.33},{"text":"responsibility.","start":5440.33,"end":5441.53}]},{"text":"Let the Fourth International Conference of Financing for Development be remembered not for what was said, but for what was 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us finance not just development, but peace, justice, and the imagination the future demands.","start":5452.53,"end":5462.61,"topics":[],"words":[{"text":"Let","start":5452.53,"end":5452.77},{"text":"us","start":5452.77,"end":5452.93},{"text":"finance","start":5452.93,"end":5453.65},{"text":"not","start":5453.65,"end":5453.89},{"text":"just","start":5453.89,"end":5454.21},{"text":"development,","start":5454.21,"end":5455.09},{"text":"but","start":5455.41,"end":5455.73},{"text":"peace,","start":5455.73,"end":5456.29},{"text":"justice,","start":5456.77,"end":5457.57},{"text":"and","start":5457.89,"end":5458.17},{"text":"the","start":5458.17,"end":5458.25},{"text":"imagination","start":5458.25,"end":5459.49},{"text":"the","start":5460.53,"end":5460.65},{"text":"future","start":5460.69,"end":5461.41},{"text":"demands.","start":5461.81,"end":5462.61}]},{"text":"I thank 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expectations out of this conference are that, first, the current system must deliver long-term, affordable and stable financing for development, and ensure inclusive governance with equal voice for developing countries.","start":5701.93,"end":5721.17,"topics":[],"words":[{"text":"Tanzania's","start":5701.93,"end":5702.73},{"text":"expectations","start":5702.73,"end":5703.69},{"text":"out","start":5703.73,"end":5703.97},{"text":"of","start":5703.97,"end":5704.09},{"text":"this","start":5704.09,"end":5704.33},{"text":"conference","start":5704.33,"end":5705.05},{"text":"are","start":5705.69,"end":5705.89},{"text":"that,","start":5705.89,"end":5706.25},{"text":"first,","start":5706.25,"end":5706.89},{"text":"the","start":5707.69,"end":5707.85},{"text":"current","start":5707.85,"end":5708.37},{"text":"system","start":5708.37,"end":5708.97},{"text":"must","start":5709.21,"end":5709.61},{"text":"deliver","start":5709.61,"end":5710.17},{"text":"long-term,","start":5710.17,"end":5710.97},{"text":"affordable","start":5711.41,"end":5712.29},{"text":"and","start":5712.29,"end":5712.45},{"text":"stable","start":5712.45,"end":5712.85},{"text":"financing","start":5712.85,"end":5713.65},{"text":"for","start":5713.97,"end":5714.25},{"text":"development,","start":5714.25,"end":5715.17},{"text":"and","start":5715.81,"end":5716.05},{"text":"ensure","start":5716.05,"end":5716.61},{"text":"inclusive","start":5716.61,"end":5717.41},{"text":"governance","start":5717.41,"end":5718.13},{"text":"with","start":5718.61,"end":5718.93},{"text":"equal","start":5718.93,"end":5719.33},{"text":"voice","start":5719.33,"end":5719.73},{"text":"for","start":5719.73,"end":5719.89},{"text":"developing","start":5719.89,"end":5720.53},{"text":"countries.","start":5720.53,"end":5721.17}]},{"text":"And hence, we call for comprehensive reforms of the global financial architecture.","start":5721.73,"end":5727.97,"topics":[],"words":[{"text":"And","start":5721.73,"end":5721.97},{"text":"hence,","start":5721.97,"end":5722.61},{"text":"we","start":5723.01,"end":5723.17},{"text":"call","start":5723.17,"end":5723.49},{"text":"for","start":5723.49,"end":5723.81},{"text":"comprehensive","start":5723.81,"end":5724.77},{"text":"reforms","start":5724.77,"end":5725.57},{"text":"of","start":5725.85,"end":5726.05},{"text":"the","start":5726.05,"end":5726.13},{"text":"global","start":5726.13,"end":5726.53},{"text":"financial","start":5726.53,"end":5727.17},{"text":"architecture.","start":5727.17,"end":5727.97}]},{"text":"Second, we remain concerned with the rising debt distress across the Global South.","start":5728.77,"end":5735.13,"topics":[],"words":[{"text":"Second,","start":5728.77,"end":5729.65},{"text":"we","start":5729.73,"end":5729.97},{"text":"remain","start":5729.97,"end":5730.45},{"text":"concerned","start":5730.45,"end":5731.33},{"text":"with","start":5731.33,"end":5731.57},{"text":"the","start":5731.57,"end":5731.65},{"text":"rising","start":5731.65,"end":5732.13},{"text":"debt","start":5732.13,"end":5732.45},{"text":"distress","start":5732.45,"end":5733.17},{"text":"across","start":5733.65,"end":5734.21},{"text":"the","start":5734.21,"end":5734.37},{"text":"Global","start":5734.37,"end":5734.77},{"text":"South.","start":5734.77,"end":5735.13}]},{"text":"And therefore, we call for innovative approaches including debt for climate and debt for development swaps.","start":5735.81,"end":5743.29,"topics":[],"words":[{"text":"And","start":5735.81,"end":5736.01},{"text":"therefore,","start":5736.01,"end":5736.49},{"text":"we","start":5736.49,"end":5736.57},{"text":"call","start":5736.57,"end":5736.93},{"text":"for","start":5736.93,"end":5737.13},{"text":"innovative","start":5737.13,"end":5737.89},{"text":"approaches","start":5737.89,"end":5738.69},{"text":"including","start":5739.29,"end":5740.09},{"text":"debt","start":5740.09,"end":5740.57},{"text":"for","start":5740.57,"end":5740.73},{"text":"climate","start":5740.73,"end":5741.45},{"text":"and","start":5741.45,"end":5741.73},{"text":"debt","start":5741.73,"end":5741.93},{"text":"for","start":5741.93,"end":5742.13},{"text":"development","start":5742.13,"end":5742.73},{"text":"swaps.","start":5742.73,"end":5743.29}]},{"text":"Similarly, sovereign credit rating systems must be changed to improve transparency and fairness.","start":5744.09,"end":5751.69,"topics":[],"words":[{"text":"Similarly,","start":5744.09,"end":5744.89},{"text":"sovereign","start":5744.89,"end":5745.53},{"text":"credit","start":5745.53,"end":5746.09},{"text":"rating","start":5746.09,"end":5746.49},{"text":"systems","start":5746.49,"end":5747.29},{"text":"must","start":5747.69,"end":5748.17},{"text":"be","start":5748.17,"end":5748.41},{"text":"changed","start":5748.41,"end":5748.85},{"text":"to","start":5748.85,"end":5748.97},{"text":"improve","start":5748.97,"end":5749.45},{"text":"transparency","start":5749.45,"end":5750.49},{"text":"and","start":5750.65,"end":5750.97},{"text":"fairness.","start":5750.97,"end":5751.69}]},{"text":"And this conference must also come up with pragmatic solutions to reduce borrowing costs and expand access to concessional and non-debt-creating finance to make debt sustainable.","start":5752.49,"end":5767.85,"topics":[],"words":[{"text":"And","start":5752.49,"end":5752.69},{"text":"this","start":5752.69,"end":5752.89},{"text":"conference","start":5752.89,"end":5753.61},{"text":"must","start":5753.77,"end":5754.17},{"text":"also","start":5754.17,"end":5754.65},{"text":"come","start":5754.65,"end":5754.97},{"text":"up","start":5754.97,"end":5755.21},{"text":"with","start":5755.21,"end":5755.37},{"text":"pragmatic","start":5755.77,"end":5756.57},{"text":"solutions","start":5756.57,"end":5757.45},{"text":"to","start":5757.85,"end":5758.01},{"text":"reduce","start":5758.01,"end":5758.65},{"text":"borrowing","start":5758.65,"end":5759.69},{"text":"costs","start":5759.69,"end":5760.25},{"text":"and","start":5760.89,"end":5761.13},{"text":"expand","start":5761.13,"end":5761.77},{"text":"access","start":5761.77,"end":5762.33},{"text":"to","start":5762.33,"end":5762.45},{"text":"concessional","start":5762.45,"end":5763.37},{"text":"and","start":5763.61,"end":5763.89},{"text":"non-debt-creating","start":5763.89,"end":5764.97},{"text":"finance","start":5764.97,"end":5765.69},{"text":"to","start":5766.01,"end":5766.17},{"text":"make","start":5766.17,"end":5766.57},{"text":"debt","start":5766.57,"end":5766.89},{"text":"sustainable.","start":5766.89,"end":5767.85}]},{"text":"Third, trade is a powerful driver of economic growth.","start":5768.85,"end":5772.37,"topics":[],"words":[{"text":"Third,","start":5768.85,"end":5769.49},{"text":"trade","start":5769.57,"end":5770.05},{"text":"is","start":5770.05,"end":5770.29},{"text":"a","start":5770.29,"end":5770.37},{"text":"powerful","start":5770.37,"end":5770.89},{"text":"driver","start":5770.89,"end":5771.29},{"text":"of","start":5771.29,"end":5771.45},{"text":"economic","start":5771.45,"end":5771.97},{"text":"growth.","start":5771.97,"end":5772.37}]},{"text":"However, in order to make trade work for development, we seek greater support in enhancing the productive capacity, meeting global standards, and adding value to our exports.","start":5773.25,"end":5786.61,"topics":[],"words":[{"text":"However,","start":5773.25,"end":5773.81},{"text":"in","start":5773.81,"end":5773.97},{"text":"order","start":5773.97,"end":5774.25},{"text":"to","start":5774.25,"end":5774.45},{"text":"make","start":5774.45,"end":5774.69},{"text":"trade","start":5774.69,"end":5775.09},{"text":"work","start":5775.09,"end":5775.33},{"text":"for","start":5775.33,"end":5775.57},{"text":"development,","start":5775.57,"end":5776.37},{"text":"we","start":5777.01,"end":5777.17},{"text":"seek","start":5777.17,"end":5777.65},{"text":"greater","start":5777.65,"end":5778.13},{"text":"support","start":5778.13,"end":5778.77},{"text":"in","start":5778.77,"end":5778.93},{"text":"enhancing","start":5778.93,"end":5779.73},{"text":"the","start":5780.05,"end":5780.25},{"text":"productive","start":5780.25,"end":5780.93},{"text":"capacity,","start":5780.93,"end":5781.81},{"text":"meeting","start":5782.53,"end":5783.09},{"text":"global","start":5783.09,"end":5783.49},{"text":"standards,","start":5783.49,"end":5784.37},{"text":"and","start":5784.37,"end":5784.69},{"text":"adding","start":5784.69,"end":5785.09},{"text":"value","start":5785.09,"end":5785.49},{"text":"to","start":5785.49,"end":5785.61},{"text":"our","start":5785.61,"end":5785.81},{"text":"exports.","start":5785.81,"end":5786.61}]},{"text":"Tanzania advocates for fair multilateral trading rules, simplified rules of origin, and duty-free, quota-free access to least developed countries.","start":5787.33,"end":5798.69,"topics":[],"words":[{"text":"Tanzania","start":5787.33,"end":5787.93},{"text":"advocates","start":5787.93,"end":5788.69},{"text":"for","start":5788.69,"end":5788.85},{"text":"fair","start":5788.85,"end":5789.17},{"text":"multilateral","start":5789.17,"end":5789.97},{"text":"trading","start":5789.97,"end":5790.45},{"text":"rules,","start":5790.45,"end":5791.01},{"text":"simplified","start":5791.57,"end":5792.45},{"text":"rules","start":5792.45,"end":5792.89},{"text":"of","start":5792.89,"end":5793.09},{"text":"origin,","start":5793.09,"end":5793.81},{"text":"and","start":5794.29,"end":5794.57},{"text":"duty-free,","start":5794.57,"end":5795.49},{"text":"quota-free","start":5795.73,"end":5796.45},{"text":"access","start":5796.45,"end":5796.93},{"text":"to","start":5796.93,"end":5797.13},{"text":"least","start":5797.13,"end":5797.49},{"text":"developed","start":5797.49,"end":5798.05},{"text":"countries.","start":5798.05,"end":5798.69}]},{"text":"Fourth, innovation is central to transformation.","start":5799.41,"end":5803.33,"topics":[],"words":[{"text":"Fourth,","start":5799.41,"end":5799.97},{"text":"innovation","start":5800.61,"end":5801.49},{"text":"is","start":5801.49,"end":5801.65},{"text":"central","start":5801.65,"end":5802.21},{"text":"to","start":5802.21,"end":5802.33},{"text":"transformation.","start":5802.33,"end":5803.33}]},{"text":"And similarly, robust data systems, including disaggregated and real-time data, are required to guide evidence-based policymaking.","start":5804.13,"end":5814.45,"topics":[],"words":[{"text":"And","start":5804.13,"end":5804.29},{"text":"similarly,","start":5804.29,"end":5805.01},{"text":"robust","start":5805.01,"end":5805.65},{"text":"data","start":5805.65,"end":5806.09},{"text":"systems,","start":5806.09,"end":5806.93},{"text":"including","start":5807.41,"end":5808.05},{"text":"disaggregated","start":5808.05,"end":5809.21},{"text":"and","start":5809.21,"end":5809.37},{"text":"real-time","start":5809.37,"end":5809.97},{"text":"data,","start":5809.97,"end":5810.45},{"text":"are","start":5811.05,"end":5811.13},{"text":"required","start":5811.13,"end":5811.73},{"text":"to","start":5811.81,"end":5812.05},{"text":"guide","start":5812.05,"end":5812.61},{"text":"evidence-based","start":5812.61,"end":5813.57},{"text":"policymaking.","start":5813.57,"end":5814.45}]},{"text":"And cognizant of these facts, Tanzania and other developing countries are investing in digital infrastructure research and technological innovation.","start":5815.25,"end":5825.49,"topics":[],"words":[{"text":"And","start":5815.25,"end":5815.45},{"text":"cognizant","start":5815.45,"end":5816.21},{"text":"of","start":5816.21,"end":5816.37},{"text":"these","start":5816.37,"end":5816.61},{"text":"facts,","start":5816.61,"end":5817.17},{"text":"Tanzania","start":5817.65,"end":5818.17},{"text":"and","start":5818.17,"end":5818.37},{"text":"other","start":5818.37,"end":5818.61},{"text":"developing","start":5818.61,"end":5819.17},{"text":"countries","start":5819.17,"end":5819.89},{"text":"are","start":5819.97,"end":5820.13},{"text":"investing","start":5820.17,"end":5820.77},{"text":"in","start":5820.77,"end":5821.01},{"text":"digital","start":5821.01,"end":5821.49},{"text":"infrastructure","start":5821.49,"end":5822.37},{"text":"research","start":5822.77,"end":5823.57},{"text":"and","start":5823.81,"end":5824.01},{"text":"technological","start":5824.01,"end":5824.81},{"text":"innovation.","start":5824.81,"end":5825.49}]},{"text":"However, we need partnership with countries from the global north and enhanced South-South cooperation to make further and quicker progress in harnessing science, technology and data.","start":5826.21,"end":5840.13,"topics":[],"words":[{"text":"However,","start":5826.21,"end":5826.93},{"text":"we","start":5827.41,"end":5827.65},{"text":"need","start":5827.65,"end":5828.05},{"text":"partnership","start":5828.05,"end":5828.77},{"text":"with","start":5828.77,"end":5828.97},{"text":"countries","start":5828.97,"end":5829.49},{"text":"from","start":5829.49,"end":5829.73},{"text":"the","start":5829.73,"end":5829.89},{"text":"global","start":5829.89,"end":5830.29},{"text":"north","start":5830.29,"end":5830.61},{"text":"and","start":5831.09,"end":5831.37},{"text":"enhanced","start":5831.37,"end":5832.05},{"text":"South-South","start":5832.05,"end":5832.85},{"text":"cooperation","start":5832.85,"end":5833.65},{"text":"to","start":5834.37,"end":5834.53},{"text":"make","start":5834.53,"end":5834.85},{"text":"further","start":5834.85,"end":5835.41},{"text":"and","start":5835.41,"end":5835.65},{"text":"quicker","start":5835.65,"end":5836.05},{"text":"progress","start":5836.05,"end":5836.69},{"text":"in","start":5837.17,"end":5837.33},{"text":"harnessing","start":5837.33,"end":5837.97},{"text":"science,","start":5837.97,"end":5838.61},{"text":"technology","start":5838.61,"end":5839.49},{"text":"and","start":5839.49,"end":5839.69},{"text":"data.","start":5839.69,"end":5840.13}]},{"text":"Fifth, we believe that the international public finance should complement and facilitate national efforts.","start":5841.17,"end":5848.45,"topics":[],"words":[{"text":"Fifth,","start":5841.17,"end":5841.65},{"text":"we","start":5841.89,"end":5842.13},{"text":"believe","start":5842.13,"end":5842.61},{"text":"that","start":5842.61,"end":5842.93},{"text":"the","start":5842.93,"end":5843.05},{"text":"international","start":5843.05,"end":5843.81},{"text":"public","start":5843.81,"end":5844.21},{"text":"finance","start":5844.21,"end":5844.85},{"text":"should","start":5845.33,"end":5845.65},{"text":"complement","start":5845.65,"end":5846.45},{"text":"and","start":5846.45,"end":5846.61},{"text":"facilitate","start":5846.61,"end":5847.41},{"text":"national","start":5847.41,"end":5847.85},{"text":"efforts.","start":5847.89,"end":5848.45}]},{"text":"Long-term investments, including foreign direct investment, are needed in critical sectors, especially in sustainable energy, infrastructure and transport, industrialization, information and communication technologies, as well as diversification of African economies.","start":5849.49,"end":5870.53,"topics":[],"words":[{"text":"Long-term","start":5849.49,"end":5850.05},{"text":"investments,","start":5850.05,"end":5850.85},{"text":"including","start":5850.85,"end":5851.49},{"text":"foreign","start":5851.49,"end":5851.81},{"text":"direct","start":5851.81,"end":5852.21},{"text":"investment,","start":5852.21,"end":5853.01},{"text":"are","start":5853.65,"end":5853.73},{"text":"needed","start":5853.73,"end":5854.53},{"text":"in","start":5854.53,"end":5854.77},{"text":"critical","start":5854.77,"end":5855.33},{"text":"sectors,","start":5855.33,"end":5856.05},{"text":"especially","start":5856.45,"end":5857.33},{"text":"in","start":5857.33,"end":5857.57},{"text":"sustainable","start":5857.57,"end":5858.29},{"text":"energy,","start":5858.29,"end":5858.93},{"text":"infrastructure","start":5859.41,"end":5860.45},{"text":"and","start":5860.45,"end":5860.65},{"text":"transport,","start":5860.65,"end":5861.49},{"text":"industrialization,","start":5862.13,"end":5863.57},{"text":"information","start":5864.05,"end":5864.81},{"text":"and","start":5864.81,"end":5864.93},{"text":"communication","start":5864.93,"end":5865.65},{"text":"technologies,","start":5865.65,"end":5866.61},{"text":"as","start":5867.09,"end":5867.33},{"text":"well","start":5867.33,"end":5867.61},{"text":"as","start":5867.61,"end":5867.81},{"text":"diversification","start":5867.81,"end":5869.01},{"text":"of","start":5869.05,"end":5869.25},{"text":"African","start":5869.25,"end":5869.81},{"text":"economies.","start":5869.81,"end":5870.53}]},{"text":"And consequently, we call upon the Global North to work with developing countries to de-risk investments and financing of mega projects in these critical 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lastly, on integrating environmental protection and climate responsiveness, we acknowledge the importance of climate change mitigation measures in the context of the financing for development and call for sustainable management and restoration of ecosystems as explicit financing 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adaptation and resilience financing, urgent operationalization of the loss and damage fund, and climate finance through debt swaps.","start":5908.89,"end":5920.41,"topics":[],"words":[{"text":"expanded","start":5908.89,"end":5909.69},{"text":"adaptation","start":5909.69,"end":5910.65},{"text":"and","start":5910.65,"end":5910.89},{"text":"resilience","start":5910.89,"end":5911.53},{"text":"financing,","start":5911.53,"end":5912.33},{"text":"urgent","start":5912.97,"end":5913.45},{"text":"operationalization","start":5913.45,"end":5914.97},{"text":"of","start":5914.97,"end":5915.13},{"text":"the","start":5915.21,"end":5915.45},{"text":"loss","start":5915.45,"end":5915.93},{"text":"and","start":5916.25,"end":5916.53},{"text":"damage","start":5916.53,"end":5916.89},{"text":"fund,","start":5916.89,"end":5917.53},{"text":"and","start":5917.85,"end":5918.05},{"text":"climate","start":5918.05,"end":5918.57},{"text":"finance","start":5918.57,"end":5919.29},{"text":"through","start":5919.29,"end":5919.53},{"text":"debt","start":5919.53,"end":5919.85},{"text":"swaps.","start":5919.85,"end":5920.41}]},{"text":"Mr. President, Tanzania expects concrete outcomes from this landmark conference.","start":5921.41,"end":5927.53,"topics":[],"words":[{"text":"Mr.","start":5921.41,"end":5921.69},{"text":"President,","start":5921.69,"end":5922.57},{"text":"Tanzania","start":5923.13,"end":5923.77},{"text":"expects","start":5923.77,"end":5924.49},{"text":"concrete","start":5924.49,"end":5925.13},{"text":"outcomes","start":5925.13,"end":5925.69},{"text":"from","start":5925.69,"end":5925.93},{"text":"this","start":5925.93,"end":5926.25},{"text":"landmark","start":5926.25,"end":5926.93},{"text":"conference.","start":5926.93,"end":5927.53}]},{"text":"It should be about our common endeavor to create a conducive environment in support of a global framework that will deliver on our commitment to shared prosperity.","start":5928.17,"end":5940.53,"topics":[],"words":[{"text":"It","start":5928.17,"end":5928.41},{"text":"should","start":5928.41,"end":5928.65},{"text":"be","start":5928.65,"end":5928.93},{"text":"about","start":5928.93,"end":5929.53},{"text":"our","start":5929.53,"end":5929.61},{"text":"common","start":5929.61,"end":5930.09},{"text":"endeavor","start":5930.09,"end":5930.81},{"text":"to","start":5931.21,"end":5931.37},{"text":"create","start":5931.37,"end":5931.93},{"text":"a","start":5931.93,"end":5931.97},{"text":"conducive","start":5931.97,"end":5932.73},{"text":"environment","start":5932.73,"end":5933.53},{"text":"in","start":5933.93,"end":5934.13},{"text":"support","start":5934.13,"end":5934.69},{"text":"of","start":5934.69,"end":5934.89},{"text":"a","start":5934.89,"end":5934.93},{"text":"global","start":5934.93,"end":5935.29},{"text":"framework","start":5935.29,"end":5936.01},{"text":"that","start":5936.61,"end":5936.85},{"text":"will","start":5936.85,"end":5937.01},{"text":"deliver","start":5937.01,"end":5937.53},{"text":"on","start":5937.53,"end":5937.73},{"text":"our","start":5937.73,"end":5937.89},{"text":"commitment","start":5937.89,"end":5938.77},{"text":"to","start":5939.01,"end":5939.17},{"text":"shared","start":5939.17,"end":5939.65},{"text":"prosperity.","start":5939.65,"end":5940.53}]},{"text":"We are optimistic that the conference will make us leave Seville with a renewed commitment to scale up financing for sustainable 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also need to be bold in the drive to reform the international financial system.","start":5953.33,"end":5958.85,"topics":[],"words":[{"text":"We","start":5953.33,"end":5953.57},{"text":"also","start":5953.57,"end":5953.97},{"text":"need","start":5953.97,"end":5954.21},{"text":"to","start":5954.21,"end":5954.41},{"text":"be","start":5954.41,"end":5954.61},{"text":"bold","start":5954.61,"end":5955.17},{"text":"in","start":5955.17,"end":5955.41},{"text":"the","start":5955.41,"end":5955.53},{"text":"drive","start":5955.53,"end":5955.97},{"text":"to","start":5955.97,"end":5956.09},{"text":"reform","start":5956.09,"end":5956.61},{"text":"the","start":5956.61,"end":5956.73},{"text":"international","start":5956.73,"end":5957.41},{"text":"financial","start":5957.41,"end":5958.13},{"text":"system.","start":5958.21,"end":5958.85}]},{"text":"Let us reinvigorate multilateralism, inclusion, and prompt climate action for the benefit of our future generation.","start":5960.13,"end":5969.89,"topics":[],"words":[{"text":"Let","start":5960.13,"end":5960.45},{"text":"us","start":5960.45,"end":5960.85},{"text":"reinvigorate","start":5961.17,"end":5962.13},{"text":"multilateralism,","start":5962.13,"end":5963.33},{"text":"inclusion,","start":5963.81,"end":5964.69},{"text":"and","start":5965.17,"end":5965.41},{"text":"prompt","start":5965.41,"end":5965.81},{"text":"climate","start":5965.81,"end":5966.45},{"text":"action","start":5966.45,"end":5967.01},{"text":"for","start":5967.33,"end":5967.49},{"text":"the","start":5967.49,"end":5967.65},{"text":"benefit","start":5967.65,"end":5968.21},{"text":"of","start":5968.21,"end":5968.45},{"text":"our","start":5968.45,"end":5968.53},{"text":"future","start":5968.53,"end":5969.17},{"text":"generation.","start":5969.17,"end":5969.89}]},{"text":"Muchas 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Tanzania.","start":5977.73,"end":5981.73,"topics":[],"words":[{"text":"I","start":5977.73,"end":5977.89},{"text":"thank","start":5977.89,"end":5978.29},{"text":"the","start":5978.29,"end":5978.61},{"text":"Vice","start":5978.61,"end":5978.93},{"text":"President","start":5978.93,"end":5979.45},{"text":"of","start":5979.45,"end":5979.57},{"text":"the","start":5979.57,"end":5979.73},{"text":"United","start":5979.73,"end":5980.29},{"text":"Republic","start":5980.29,"end":5980.81},{"text":"of","start":5980.81,"end":5981.01},{"text":"Tanzania.","start":5981.01,"end":5981.73}]},{"text":"I now have the honor to invite His Excellency Mohamed Jallow, Vice President of the Republic of the Gambia, to address the conference.","start":5982.85,"end":5992.53,"topics":[],"words":[{"text":"I","start":5982.85,"end":5983.01},{"text":"now","start":5983.01,"end":5983.25},{"text":"have","start":5983.25,"end":5983.45},{"text":"the","start":5983.45,"end":5983.53},{"text":"honor","start":5983.53,"end":5983.89},{"text":"to","start":5983.89,"end":5984.05},{"text":"invite","start":5984.05,"end":5984.61},{"text":"His","start":5984.61,"end":5984.85},{"text":"Excellency","start":5984.85,"end":5985.49},{"text":"Mohamed","start":5985.49,"end":5986.29},{"text":"Jallow,","start":5986.29,"end":5986.85},{"text":"Vice","start":5988.05,"end":5988.33},{"text":"President","start":5988.33,"end":5988.85},{"text":"of","start":5988.85,"end":5988.93},{"text":"the","start":5988.93,"end":5989.05},{"text":"Republic","start":5989.05,"end":5989.73},{"text":"of","start":5989.97,"end":5990.21},{"text":"the","start":5990.21,"end":5990.33},{"text":"Gambia,","start":5990.33,"end":5991.09},{"text":"to","start":5991.25,"end":5991.37},{"text":"address","start":5991.37,"end":5991.73},{"text":"the","start":5991.73,"end":5991.89},{"text":"conference.","start":5991.89,"end":5992.53}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"President of the conference"}},{"statement_number":26,"start":6012.93,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=6013","paragraphs":[{"sentences":[{"text":"Mr. President, distinguished delegates, ladies and gentlemen, let me begin by expressing on behalf of His Excellency President Adama Barrow, the government and people of the Gambia, our sincere appreciation to Prime Minister Pedro Sanchez, the government and the people of Spain for their warm hospitality and for hosting this important gathering in the beautiful city, historic city of Seville.","start":6012.93,"end":6043.05,"topics":[],"words":[{"text":"Mr.","start":6012.93,"end":6014.37},{"text":"President,","start":6015.73,"end":6016.45},{"text":"distinguished","start":6017.41,"end":6018.21},{"text":"delegates,","start":6018.21,"end":6019.17},{"text":"ladies","start":6019.33,"end":6019.65},{"text":"and","start":6019.65,"end":6019.85},{"text":"gentlemen,","start":6019.85,"end":6020.45},{"text":"let","start":6021.57,"end":6021.69},{"text":"me","start":6021.69,"end":6021.85},{"text":"begin","start":6021.85,"end":6022.37},{"text":"by","start":6023.17,"end":6023.41},{"text":"expressing","start":6023.41,"end":6023.97},{"text":"on","start":6023.97,"end":6024.13},{"text":"behalf","start":6024.13,"end":6024.37},{"text":"of","start":6024.37,"end":6024.45},{"text":"His","start":6024.45,"end":6024.61},{"text":"Excellency","start":6024.61,"end":6025.17},{"text":"President","start":6025.17,"end":6025.57},{"text":"Adama","start":6025.57,"end":6025.77},{"text":"Barrow,","start":6025.77,"end":6026.13},{"text":"the","start":6027.01,"end":6027.13},{"text":"government","start":6027.13,"end":6027.53},{"text":"and","start":6027.53,"end":6027.69},{"text":"people","start":6027.69,"end":6027.89},{"text":"of","start":6027.89,"end":6028.05},{"text":"the","start":6028.05,"end":6028.13},{"text":"Gambia,","start":6028.13,"end":6028.77},{"text":"our","start":6029.33,"end":6029.57},{"text":"sincere","start":6029.57,"end":6029.93},{"text":"appreciation","start":6029.93,"end":6030.85},{"text":"to","start":6031.49,"end":6031.65},{"text":"Prime","start":6031.65,"end":6031.93},{"text":"Minister","start":6031.93,"end":6032.37},{"text":"Pedro","start":6032.37,"end":6032.69},{"text":"Sanchez,","start":6032.69,"end":6033.25},{"text":"the","start":6033.41,"end":6033.61},{"text":"government","start":6033.61,"end":6034.13},{"text":"and","start":6034.13,"end":6034.29},{"text":"the","start":6034.29,"end":6034.37},{"text":"people","start":6034.37,"end":6034.65},{"text":"of","start":6034.65,"end":6034.73},{"text":"Spain","start":6034.73,"end":6035.33},{"text":"for","start":6035.69,"end":6035.93},{"text":"their","start":6035.93,"end":6036.05},{"text":"warm","start":6036.05,"end":6036.29},{"text":"hospitality","start":6036.29,"end":6037.21},{"text":"and","start":6037.57,"end":6037.73},{"text":"for","start":6037.73,"end":6037.85},{"text":"hosting","start":6037.85,"end":6038.29},{"text":"this","start":6038.29,"end":6038.49},{"text":"important","start":6038.49,"end":6039.29},{"text":"gathering","start":6039.29,"end":6040.01},{"text":"in","start":6040.33,"end":6040.53},{"text":"the","start":6040.53,"end":6040.61},{"text":"beautiful","start":6040.61,"end":6041.05},{"text":"city,","start":6041.05,"end":6041.69},{"text":"historic","start":6041.77,"end":6042.17},{"text":"city","start":6042.17,"end":6042.41},{"text":"of","start":6042.41,"end":6042.57},{"text":"Seville.","start":6042.57,"end":6043.05}]},{"text":"Mr. President, we meet today at a critical juncture.","start":6044.57,"end":6048.65,"topics":[],"words":[{"text":"Mr.","start":6044.57,"end":6044.89},{"text":"President,","start":6044.89,"end":6045.45},{"text":"we","start":6046.49,"end":6046.65},{"text":"meet","start":6046.65,"end":6047.01},{"text":"today","start":6047.01,"end":6047.37},{"text":"at","start":6047.37,"end":6047.57},{"text":"a","start":6047.57,"end":6047.61},{"text":"critical","start":6047.61,"end":6048.09},{"text":"juncture.","start":6048.09,"end":6048.65}]},{"text":"The promise of the 2030 agenda grows more distant, not for lack of ambition or political will, but because the global public financing system intended to support is on an increasing strain and also reflect the realities of the changing 21st century.","start":6049.53,"end":6067.61,"topics":[],"words":[{"text":"The","start":6049.53,"end":6049.65},{"text":"promise","start":6049.65,"end":6050.33},{"text":"of","start":6050.33,"end":6050.45},{"text":"the","start":6050.45,"end":6050.53},{"text":"2030","start":6050.53,"end":6050.93},{"text":"agenda","start":6050.93,"end":6051.85},{"text":"grows","start":6052.41,"end":6052.73},{"text":"more","start":6052.73,"end":6052.93},{"text":"distant,","start":6052.93,"end":6053.61},{"text":"not","start":6053.77,"end":6054.01},{"text":"for","start":6054.01,"end":6054.17},{"text":"lack","start":6054.17,"end":6054.37},{"text":"of","start":6054.37,"end":6054.49},{"text":"ambition","start":6054.49,"end":6055.13},{"text":"or","start":6055.13,"end":6055.37},{"text":"political","start":6055.37,"end":6055.93},{"text":"will,","start":6055.93,"end":6056.33},{"text":"but","start":6056.89,"end":6057.09},{"text":"because","start":6057.09,"end":6057.53},{"text":"the","start":6058.41,"end":6058.49},{"text":"global","start":6058.49,"end":6058.89},{"text":"public","start":6058.89,"end":6059.29},{"text":"financing","start":6059.29,"end":6059.77},{"text":"system","start":6059.77,"end":6060.33},{"text":"intended","start":6060.81,"end":6061.29},{"text":"to","start":6061.29,"end":6061.41},{"text":"support","start":6061.61,"end":6062.17},{"text":"is","start":6062.17,"end":6062.57},{"text":"on","start":6062.57,"end":6062.65},{"text":"an","start":6062.65,"end":6062.73},{"text":"increasing","start":6062.73,"end":6063.29},{"text":"strain","start":6063.29,"end":6063.85},{"text":"and","start":6064.17,"end":6064.41},{"text":"also","start":6064.41,"end":6064.65},{"text":"reflect","start":6064.65,"end":6065.13},{"text":"the","start":6065.13,"end":6065.21},{"text":"realities","start":6065.21,"end":6065.85},{"text":"of","start":6065.85,"end":6066.01},{"text":"the","start":6066.01,"end":6066.09},{"text":"changing","start":6066.09,"end":6066.49},{"text":"21st","start":6066.49,"end":6067.01},{"text":"century.","start":6067.01,"end":6067.61}]},{"text":"The Sustainable Development Goals, with their bold vision to end poverty, reduce inequality, and safeguard our planet, cannot be achieved without adequate, predictable, and equitable financing.","start":6068.81,"end":6081.85,"topics":[],"words":[{"text":"The","start":6068.81,"end":6068.89},{"text":"Sustainable","start":6068.89,"end":6069.41},{"text":"Development","start":6069.41,"end":6069.85},{"text":"Goals,","start":6069.85,"end":6070.33},{"text":"with","start":6070.65,"end":6070.85},{"text":"their","start":6070.85,"end":6071.05},{"text":"bold","start":6071.05,"end":6071.37},{"text":"vision","start":6071.37,"end":6071.69},{"text":"to","start":6071.69,"end":6071.81},{"text":"end","start":6071.81,"end":6072.01},{"text":"poverty,","start":6072.01,"end":6072.57},{"text":"reduce","start":6073.13,"end":6073.45},{"text":"inequality,","start":6073.45,"end":6074.33},{"text":"and","start":6074.33,"end":6074.61},{"text":"safeguard","start":6074.61,"end":6075.05},{"text":"our","start":6075.05,"end":6075.21},{"text":"planet,","start":6075.21,"end":6075.85},{"text":"cannot","start":6077.53,"end":6077.85},{"text":"be","start":6077.85,"end":6078.01},{"text":"achieved","start":6078.01,"end":6078.41},{"text":"without","start":6078.41,"end":6078.73},{"text":"adequate,","start":6078.73,"end":6079.29},{"text":"predictable,","start":6079.73,"end":6080.41},{"text":"and","start":6080.41,"end":6080.61},{"text":"equitable","start":6080.61,"end":6081.13},{"text":"financing.","start":6081.13,"end":6081.85}]},{"text":"Yet across the developing world, including the Gambia, we face tightening fiscal space limited access to conventional financing, rising debt burdens, and a global financial architecture that too often fails the most 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these constraints, The Gambia has made significant strides.","start":6100.81,"end":6104.53,"topics":[],"words":[{"text":"Despite","start":6100.81,"end":6101.25},{"text":"these","start":6101.25,"end":6101.37},{"text":"constraints,","start":6101.37,"end":6102.25},{"text":"The","start":6102.65,"end":6102.77},{"text":"Gambia","start":6102.77,"end":6103.05},{"text":"has","start":6103.05,"end":6103.29},{"text":"made","start":6103.29,"end":6103.49},{"text":"significant","start":6103.49,"end":6104.05},{"text":"strides.","start":6104.05,"end":6104.53}]},{"text":"We have undertaken comprehensive reforms to mobilize domestic resources, digitalize revenue systems, improve public finance management, and strengthen budget 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tax base has expanded, Leakages have been reduced and expenditure is being directed towards priority areas such as health, education, food security and poverty reduction, all critical and indispensable to achieving the noble goals of the SDGs and their target 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are aligning our national development agenda with the SDGs through strategic planning, institutional coordination and enhanced statistical 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we are improving our ability to track, report, and assess the impact of SDG-related financing.","start":6160.37,"end":6167.25,"topics":[],"words":[{"text":"Importantly,","start":6160.37,"end":6161.17},{"text":"we","start":6161.17,"end":6161.29},{"text":"are","start":6161.29,"end":6161.37},{"text":"improving","start":6161.37,"end":6161.89},{"text":"our","start":6161.89,"end":6162.05},{"text":"ability","start":6162.05,"end":6162.45},{"text":"to","start":6162.45,"end":6162.61},{"text":"track,","start":6162.61,"end":6163.09},{"text":"report,","start":6163.49,"end":6164.13},{"text":"and","start":6164.37,"end":6164.61},{"text":"assess","start":6164.61,"end":6164.93},{"text":"the","start":6164.93,"end":6165.01},{"text":"impact","start":6165.01,"end":6165.49},{"text":"of","start":6165.49,"end":6165.65},{"text":"SDG-related","start":6165.65,"end":6166.53},{"text":"financing.","start":6166.53,"end":6167.25}]},{"text":"These steps are helping to lay the foundation for a more accountable, 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delegates, despite our progress, our development journey remains constrained by systemic barriers.","start":6176.73,"end":6184.81,"topics":[],"words":[{"text":"Excellencies,","start":6176.73,"end":6177.49},{"text":"distinguished","start":6177.49,"end":6177.97},{"text":"delegates,","start":6177.97,"end":6178.65},{"text":"despite","start":6179.37,"end":6179.85},{"text":"our","start":6179.85,"end":6179.97},{"text":"progress,","start":6179.97,"end":6180.73},{"text":"our","start":6180.97,"end":6181.13},{"text":"development","start":6181.13,"end":6181.73},{"text":"journey","start":6181.73,"end":6182.01},{"text":"remains","start":6182.01,"end":6182.65},{"text":"constrained","start":6182.65,"end":6183.37},{"text":"by","start":6183.45,"end":6183.69},{"text":"systemic","start":6183.69,"end":6184.13},{"text":"barriers.","start":6184.13,"end":6184.81}]},{"text":"Our economy, still heavily reliant on consumption tax revenue, and vulnerable sectors like agriculture and tourism, struggles under a narrow revenue base and is exposed to external shocks, economic, climatic, and 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debt servicing costs consume a significant share of our national budget, crowding out investment in the development 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debt was contracted on terms that no longer reflect today's economic realities.","start":6210.09,"end":6215.21,"topics":[],"words":[{"text":"Much","start":6210.09,"end":6210.29},{"text":"of","start":6210.29,"end":6210.41},{"text":"this","start":6210.41,"end":6210.65},{"text":"debt","start":6210.65,"end":6210.97},{"text":"was","start":6210.97,"end":6211.21},{"text":"contracted","start":6211.21,"end":6211.93},{"text":"on","start":6211.93,"end":6212.25},{"text":"terms","start":6212.25,"end":6212.61},{"text":"that","start":6212.61,"end":6212.73},{"text":"no","start":6212.73,"end":6212.93},{"text":"longer","start":6212.93,"end":6213.17},{"text":"reflect","start":6213.17,"end":6213.57},{"text":"today's","start":6213.57,"end":6213.97},{"text":"economic","start":6213.97,"end":6214.41},{"text":"realities.","start":6214.41,"end":6215.21}]},{"text":"Without a fair and inclusive global debt architecture that offers timely, comprehensive relief and supports long-term development, countries like the Gambia will remain trapped in a cycle of borrowing to survive rather than to invest to 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strongly support mechanisms such as debt for development and debt for climate swaps.","start":6231.77,"end":6236.81,"topics":[],"words":[{"text":"We","start":6231.77,"end":6231.93},{"text":"strongly","start":6231.93,"end":6232.25},{"text":"support","start":6232.25,"end":6232.65},{"text":"mechanisms","start":6232.65,"end":6233.37},{"text":"such","start":6233.37,"end":6233.53},{"text":"as","start":6233.61,"end":6233.77},{"text":"debt","start":6233.77,"end":6234.05},{"text":"for","start":6234.05,"end":6234.17},{"text":"development","start":6234.17,"end":6234.93},{"text":"and","start":6235.13,"end":6235.41},{"text":"debt","start":6235.41,"end":6235.53},{"text":"for","start":6235.53,"end":6235.69},{"text":"climate","start":6235.69,"end":6236.09},{"text":"swaps.","start":6236.09,"end":6236.81}]},{"text":"These are not just technical 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building.","start":6268.05,"end":6274.05,"topics":[],"words":[{"text":"project-based","start":6268.05,"end":6268.65},{"text":"financing,","start":6268.65,"end":6269.65},{"text":"finance","start":6270.61,"end":6270.97},{"text":"funding","start":6270.97,"end":6271.41},{"text":"undermine","start":6271.41,"end":6271.89},{"text":"long-term","start":6271.89,"end":6272.29},{"text":"planning","start":6272.29,"end":6272.85},{"text":"and","start":6272.93,"end":6273.09},{"text":"capacity","start":6273.09,"end":6273.61},{"text":"building.","start":6273.61,"end":6274.05}]},{"text":"Even with sound policies in place, many of us simply lack the financing needed to develop, to deliver lasting change.","start":6275.01,"end":6282.05,"topics":[],"words":[{"text":"Even","start":6275.01,"end":6275.33},{"text":"with","start":6275.33,"end":6275.45},{"text":"sound","start":6275.45,"end":6275.73},{"text":"policies","start":6275.73,"end":6276.13},{"text":"in","start":6276.13,"end":6276.29},{"text":"place,","start":6276.29,"end":6276.77},{"text":"many","start":6277.49,"end":6277.81},{"text":"of","start":6277.81,"end":6277.97},{"text":"us","start":6277.97,"end":6278.09},{"text":"simply","start":6278.09,"end":6278.45},{"text":"lack","start":6278.45,"end":6278.73},{"text":"the","start":6278.73,"end":6278.81},{"text":"financing","start":6278.85,"end":6279.33},{"text":"needed","start":6279.33,"end":6279.57},{"text":"to","start":6279.57,"end":6279.73},{"text":"develop,","start":6279.73,"end":6280.21},{"text":"to","start":6280.37,"end":6280.53},{"text":"deliver","start":6280.53,"end":6281.17},{"text":"lasting","start":6281.25,"end":6281.73},{"text":"change.","start":6281.73,"end":6282.05}]},{"text":"Excellencies, distinguished delegates, To build a more resilient and inclusive future, we must embrace the transformative power of science, technology and 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call for meaningful commitments to technology transfer, digital inclusion and stronger national data systems without which we cannot govern effectively or track SDG 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we urge a fairer global trading system, one that enables small economies like ours to move beyond raw commodity exports add value at home, and access global markets on equitable terms.","start":6306.53,"end":6318.53,"topics":[],"words":[{"text":"Equally,","start":6306.53,"end":6307.01},{"text":"we","start":6307.01,"end":6307.25},{"text":"urge","start":6307.25,"end":6307.53},{"text":"a","start":6307.65,"end":6307.69},{"text":"fairer","start":6307.69,"end":6307.97},{"text":"global","start":6307.97,"end":6308.37},{"text":"trading","start":6308.37,"end":6308.65},{"text":"system,","start":6308.65,"end":6309.17},{"text":"one","start":6309.73,"end":6309.93},{"text":"that","start":6309.93,"end":6310.05},{"text":"enables","start":6310.05,"end":6310.49},{"text":"small","start":6310.49,"end":6310.77},{"text":"economies","start":6310.77,"end":6311.33},{"text":"like","start":6311.33,"end":6311.57},{"text":"ours","start":6311.57,"end":6311.89},{"text":"to","start":6311.89,"end":6311.97},{"text":"move","start":6311.97,"end":6312.21},{"text":"beyond","start":6312.21,"end":6312.53},{"text":"raw","start":6312.53,"end":6312.85},{"text":"commodity","start":6312.85,"end":6313.25},{"text":"exports","start":6313.25,"end":6313.81},{"text":"add","start":6314.37,"end":6314.61},{"text":"value","start":6314.61,"end":6314.93},{"text":"at","start":6314.93,"end":6315.09},{"text":"home,","start":6315.09,"end":6315.49},{"text":"and","start":6315.81,"end":6316.01},{"text":"access","start":6316.05,"end":6316.61},{"text":"global","start":6316.61,"end":6316.93},{"text":"markets","start":6316.93,"end":6317.33},{"text":"on","start":6317.33,"end":6317.49},{"text":"equitable","start":6317.53,"end":6318.01},{"text":"terms.","start":6318.01,"end":6318.53}]},{"text":"Without structural reforms to global finance and trade system, our progress will continue to be set by rules we do not create, but which define our 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distinguished delegates, we join others in calling for a reformed international financial architecture that is inclusive, representative, and responsive to today's development 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home to nearly one-fifth of humanity and dynamic economies, must have a meaningful voice in global finance 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not only a matter of fairness, it is essential for the legitimacy and effectiveness of the system 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also echo a call for more agile, transparent, and accountable financing instruments that can respond to shocks, support social transformation, and align with national 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this conference concludes, we urge that its outcome delivers more than declarations.","start":6371.97,"end":6378.21,"topics":[],"words":[{"text":"As","start":6371.97,"end":6372.13},{"text":"this","start":6372.13,"end":6372.85},{"text":"conference","start":6372.85,"end":6373.29},{"text":"concludes,","start":6373.29,"end":6373.81},{"text":"we","start":6374.29,"end":6374.45},{"text":"urge","start":6374.53,"end":6374.77},{"text":"that","start":6374.77,"end":6375.01},{"text":"its","start":6375.49,"end":6375.81},{"text":"outcome","start":6375.81,"end":6376.25},{"text":"delivers","start":6376.25,"end":6376.69},{"text":"more","start":6376.69,"end":6376.93},{"text":"than","start":6376.93,"end":6377.33},{"text":"declarations.","start":6377.33,"end":6378.21}]},{"text":"We hope for tangible commitments that expand access to concessional finance, reform debt frameworks, strengthen domestic resource mobilization, and support low-income countries in achieving the 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outcome document of this conference holds great promise.","start":6392.45,"end":6395.25,"topics":[],"words":[{"text":"The","start":6392.45,"end":6392.57},{"text":"outcome","start":6392.57,"end":6392.89},{"text":"document","start":6392.89,"end":6393.37},{"text":"of","start":6393.37,"end":6393.49},{"text":"this","start":6393.49,"end":6393.65},{"text":"conference","start":6393.65,"end":6394.17},{"text":"holds","start":6394.17,"end":6394.45},{"text":"great","start":6394.45,"end":6394.65},{"text":"promise.","start":6394.65,"end":6395.25}]},{"text":"We must trust it will not remain aspirational, but will be translated into meaningful 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with longer statements are encouraged to read a shorter version of their text and to submit the full version for posting in the Journal of the United 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now have the honor to invite His Excellency Prosper Bazombanza, Vice President of the Republic of Burundi, to address the 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am speaking on behalf of His Excellency Evariste Ndayishimiye, President of the Republic of Burundi, who has asked me to convey to you his brotherly 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suited to modern day realities, but which also, and above all, has failed to keep its 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Seville commitment must be respected.","start":6627.61,"end":6631.53,"topics":[],"words":[{"text":"The","start":6627.61,"end":6627.73},{"text":"Seville","start":6627.93,"end":6628.33},{"text":"commitment","start":6628.33,"end":6629.21},{"text":"must","start":6629.29,"end":6629.93},{"text":"be","start":6630.01,"end":6630.41},{"text":"respected.","start":6630.73,"end":6631.53}]},{"text":"It recognizes that sustainable development goals cannot be attained without a far-reaching transformation of global financing mechanisms.","start":6632.41,"end":6644.17,"topics":[],"words":[{"text":"It","start":6632.41,"end":6632.81},{"text":"recognizes","start":6633.21,"end":6634.41},{"text":"that","start":6634.97,"end":6635.53},{"text":"sustainable","start":6635.69,"end":6636.37},{"text":"development","start":6636.37,"end":6636.85},{"text":"goals","start":6636.85,"end":6637.21},{"text":"cannot","start":6637.21,"end":6637.53},{"text":"be","start":6637.53,"end":6637.69},{"text":"attained","start":6637.69,"end":6638.49},{"text":"without","start":6638.97,"end":6639.61},{"text":"a","start":6640.41,"end":6640.45},{"text":"far-reaching","start":6640.45,"end":6641.25},{"text":"transformation","start":6641.25,"end":6642.09},{"text":"of","start":6642.09,"end":6642.33},{"text":"global","start":6642.33,"end":6642.73},{"text":"financing","start":6642.73,"end":6643.37},{"text":"mechanisms.","start":6643.37,"end":6644.17}]},{"text":"The document marks a turning point, and Burundi welcomes the inclusion of several priorities of the Global South in it.","start":6644.61,"end":6651.37,"topics":[],"words":[{"text":"The","start":6644.61,"end":6644.73},{"text":"document","start":6644.73,"end":6645.33},{"text":"marks","start":6645.33,"end":6645.65},{"text":"a","start":6645.65,"end":6645.73},{"text":"turning","start":6645.73,"end":6646.13},{"text":"point,","start":6646.13,"end":6646.61},{"text":"and","start":6646.61,"end":6646.81},{"text":"Burundi","start":6646.81,"end":6647.33},{"text":"welcomes","start":6647.33,"end":6647.81},{"text":"the","start":6647.81,"end":6647.89},{"text":"inclusion","start":6647.89,"end":6648.41},{"text":"of","start":6648.41,"end":6648.49},{"text":"several","start":6648.49,"end":6648.85},{"text":"priorities","start":6648.85,"end":6649.73},{"text":"of","start":6650.17,"end":6650.29},{"text":"the","start":6650.29,"end":6650.37},{"text":"Global","start":6650.37,"end":6650.69},{"text":"South","start":6650.69,"end":6651.01},{"text":"in","start":6651.01,"end":6651.17},{"text":"it.","start":6651.17,"end":6651.37}]},{"text":"And allow me to mention a few here.","start":6651.37,"end":6652.93,"topics":[],"words":[{"text":"And","start":6651.37,"end":6651.53},{"text":"allow","start":6651.53,"end":6651.69},{"text":"me","start":6651.69,"end":6651.81},{"text":"to","start":6651.81,"end":6651.93},{"text":"mention","start":6651.93,"end":6652.25},{"text":"a","start":6652.25,"end":6652.29},{"text":"few","start":6652.29,"end":6652.61},{"text":"here.","start":6652.61,"end":6652.93}]},{"text":"Firstly, domestic resources mobilization through equitable taxation and firm action against illicit financial 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architecture.","start":6663.81,"end":6667.97,"topics":[],"words":[{"text":"Secondly,","start":6663.81,"end":6664.53},{"text":"the","start":6664.53,"end":6664.73},{"text":"urgent","start":6664.85,"end":6665.17},{"text":"reform","start":6665.17,"end":6665.73},{"text":"of","start":6665.73,"end":6665.93},{"text":"the","start":6665.93,"end":6666.01},{"text":"international","start":6666.01,"end":6666.61},{"text":"financial","start":6666.61,"end":6667.09},{"text":"architecture.","start":6667.09,"end":6667.97}]},{"text":"to ensure that this architecture reflects the voices, the needs, and the rights of developing countries.","start":6669.69,"end":6674.89,"topics":[],"words":[{"text":"to","start":6669.69,"end":6669.81},{"text":"ensure","start":6669.81,"end":6670.25},{"text":"that","start":6670.25,"end":6670.41},{"text":"this","start":6670.41,"end":6670.65},{"text":"architecture","start":6670.65,"end":6671.09},{"text":"reflects","start":6671.09,"end":6671.69},{"text":"the","start":6671.69,"end":6671.85},{"text":"voices,","start":6671.85,"end":6672.41},{"text":"the","start":6672.41,"end":6672.53},{"text":"needs,","start":6672.53,"end":6673.05},{"text":"and","start":6673.05,"end":6673.21},{"text":"the","start":6673.21,"end":6673.29},{"text":"rights","start":6673.29,"end":6673.61},{"text":"of","start":6673.61,"end":6673.69},{"text":"developing","start":6673.69,"end":6674.25},{"text":"countries.","start":6674.25,"end":6674.89}]},{"text":"Thirdly, acknowledgement of the environmental debt, which calls for equitable debt forgiveness mechanisms or debt swap mechanisms.","start":6675.37,"end":6687.05,"topics":[],"words":[{"text":"Thirdly,","start":6675.37,"end":6676.01},{"text":"acknowledgement","start":6676.69,"end":6677.45},{"text":"of","start":6677.53,"end":6677.85},{"text":"the","start":6677.85,"end":6678.05},{"text":"environmental","start":6678.05,"end":6678.89},{"text":"debt,","start":6678.89,"end":6679.29},{"text":"which","start":6679.37,"end":6679.69},{"text":"calls","start":6679.69,"end":6680.33},{"text":"for","start":6680.33,"end":6680.73},{"text":"equitable","start":6680.73,"end":6681.61},{"text":"debt","start":6682.73,"end":6683.09},{"text":"forgiveness","start":6683.09,"end":6683.93},{"text":"mechanisms","start":6684.41,"end":6685.13},{"text":"or","start":6685.13,"end":6685.45},{"text":"debt","start":6685.45,"end":6685.77},{"text":"swap","start":6685.77,"end":6686.25},{"text":"mechanisms.","start":6686.25,"end":6687.05}]},{"text":"And fourthly, heightened support for fragile and vulnerable states, including many African countries who are grappling with the triple crisis of debt, climate change, and conflict.","start":6687.61,"end":6700.85,"topics":[],"words":[{"text":"And","start":6687.61,"end":6687.81},{"text":"fourthly,","start":6687.81,"end":6688.49},{"text":"heightened","start":6689.57,"end":6690.01},{"text":"support","start":6690.01,"end":6690.61},{"text":"for","start":6690.61,"end":6690.85},{"text":"fragile","start":6690.85,"end":6691.37},{"text":"and","start":6691.37,"end":6691.49},{"text":"vulnerable","start":6691.49,"end":6691.89},{"text":"states,","start":6691.89,"end":6692.53},{"text":"including","start":6692.69,"end":6693.73},{"text":"many","start":6693.73,"end":6694.13},{"text":"African","start":6694.13,"end":6694.77},{"text":"countries","start":6694.77,"end":6695.57},{"text":"who","start":6695.81,"end":6695.97},{"text":"are","start":6695.97,"end":6696.05},{"text":"grappling","start":6696.05,"end":6696.61},{"text":"with","start":6696.61,"end":6696.81},{"text":"the","start":6696.81,"end":6696.89},{"text":"triple","start":6696.89,"end":6697.25},{"text":"crisis","start":6697.25,"end":6697.85},{"text":"of","start":6697.85,"end":6698.05},{"text":"debt,","start":6698.05,"end":6698.61},{"text":"climate","start":6698.77,"end":6699.25},{"text":"change,","start":6699.25,"end":6699.81},{"text":"and","start":6699.97,"end":6700.21},{"text":"conflict.","start":6700.21,"end":6700.85}]},{"text":"Burundi would like to launch a solemn appeal for the implementation of the Seville commitment to be credible and 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therefore, is calling for the establishment of transparent monitoring mechanisms with measurable, common, and regularly evaluated 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annual accountability forum under the auspices of the United Nations, which would bring together states, technical and financial partners, and civil 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need to build confidence because We believe in a renewed multilateralism that is focused on the rule of law, human rights, inclusion, tax justice, and long-term 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implies a shift of paradigm, moving from occasional assistance towards sustainable partnerships that are mutually beneficial and based on 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and more broadly, the global South, are not the fringes of our world.","start":6782.65,"end":6787.93,"topics":[],"words":[{"text":"Africa,","start":6782.65,"end":6783.29},{"text":"and","start":6783.45,"end":6784.01},{"text":"more","start":6784.33,"end":6784.57},{"text":"broadly,","start":6784.57,"end":6784.85},{"text":"the","start":6784.85,"end":6785.01},{"text":"global","start":6785.01,"end":6785.37},{"text":"South,","start":6785.37,"end":6785.85},{"text":"are","start":6786.17,"end":6786.25},{"text":"not","start":6786.25,"end":6786.57},{"text":"the","start":6786.57,"end":6786.73},{"text":"fringes","start":6786.73,"end":6787.17},{"text":"of","start":6787.17,"end":6787.29},{"text":"our","start":6787.29,"end":6787.41},{"text":"world.","start":6787.41,"end":6787.93}]},{"text":"They are the future of it, a future that we want to build together in a spirit of solidarity, but also in a spirit of justice, trust, and mutual 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way of conclusion, Burundi will remain fully committed to the follow-up of this process to ensure that the Seville commitment marks the beginning of genuine change and charts the course towards a fairer and more equitable 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thank you for your kind attention.","start":6816.57,"end":6817.85,"topics":[],"words":[{"text":"I","start":6816.57,"end":6816.65},{"text":"thank","start":6816.65,"end":6816.93},{"text":"you","start":6816.93,"end":6817.01},{"text":"for","start":6817.01,"end":6817.13},{"text":"your","start":6817.13,"end":6817.25},{"text":"kind","start":6817.25,"end":6817.41},{"text":"attention.","start":6817.41,"end":6817.85}]}]}],"speaker":{"name":"Prosper Bazombanza","affiliation":"BDI","affiliation_full":"Burundi","group":null,"function":"Vice President"}},{"statement_number":29,"start":6828.81,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=6829","paragraphs":[{"sentences":[{"text":"I thank the Vice President of the Republic of Burundi.","start":6828.81,"end":6834.33,"topics":[],"words":[{"text":"I","start":6828.81,"end":6828.97},{"text":"thank","start":6829.05,"end":6829.53},{"text":"the","start":6831.69,"end":6831.81},{"text":"Vice","start":6831.81,"end":6832.09},{"text":"President","start":6832.09,"end":6832.65},{"text":"of","start":6832.65,"end":6832.89},{"text":"the","start":6832.89,"end":6833.01},{"text":"Republic","start":6833.01,"end":6833.53},{"text":"of","start":6833.53,"end":6833.65},{"text":"Burundi.","start":6833.65,"end":6834.33}]},{"text":"And I now have the honor to invite our next speaker, His Excellency Tiemoko Meliane Kone, Vice President of the Republic of Cote 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the outset, speaking on behalf of the President of the Republic of Cote d'Ivoire, His Excellency Alassane Ouattara, extend our greetings to the United Nations Organization and the Government of 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would like to thank them for convening this very important conference on financing for development.","start":6908.77,"end":6913.97,"topics":[],"words":[{"text":"We","start":6908.77,"end":6908.89},{"text":"would","start":6908.89,"end":6909.01},{"text":"like","start":6909.01,"end":6909.17},{"text":"to","start":6909.17,"end":6909.29},{"text":"thank","start":6909.89,"end":6910.13},{"text":"them","start":6910.13,"end":6910.37},{"text":"for","start":6910.53,"end":6910.85},{"text":"convening","start":6910.85,"end":6911.25},{"text":"this","start":6911.25,"end":6911.49},{"text":"very","start":6911.49,"end":6911.81},{"text":"important","start":6911.81,"end":6912.29},{"text":"conference","start":6912.29,"end":6912.77},{"text":"on","start":6912.77,"end":6912.93},{"text":"financing","start":6912.93,"end":6913.33},{"text":"for","start":6913.33,"end":6913.49},{"text":"development.","start":6913.49,"end":6913.97}]},{"text":"We meet at a turning point in our common 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multiplying.","start":6928.77,"end":6932.69,"topics":[],"words":[{"text":"Geopolitical","start":6928.77,"end":6929.73},{"text":"and","start":6929.73,"end":6930.01},{"text":"security","start":6930.01,"end":6930.61},{"text":"tensions","start":6930.61,"end":6931.25},{"text":"are","start":6931.25,"end":6931.65},{"text":"multiplying.","start":6931.89,"end":6932.69}]},{"text":"Inflation is weighing on most vulnerable economies.","start":6932.85,"end":6936.61,"topics":[],"words":[{"text":"Inflation","start":6932.85,"end":6933.65},{"text":"is","start":6933.65,"end":6933.81},{"text":"weighing","start":6933.81,"end":6934.29},{"text":"on","start":6934.61,"end":6934.77},{"text":"most","start":6934.77,"end":6935.17},{"text":"vulnerable","start":6935.25,"end":6935.81},{"text":"economies.","start":6935.81,"end":6936.61}]},{"text":"At the same time, the climate crisis is upending all development strategies.","start":6938.21,"end":6943.17,"topics":[],"words":[{"text":"At","start":6938.21,"end":6938.37},{"text":"the","start":6938.37,"end":6938.49},{"text":"same","start":6938.49,"end":6938.69},{"text":"time,","start":6938.69,"end":6939.01},{"text":"the","start":6939.01,"end":6939.13},{"text":"climate","start":6939.13,"end":6939.65},{"text":"crisis","start":6939.65,"end":6940.21},{"text":"is","start":6940.21,"end":6940.45},{"text":"upending","start":6940.45,"end":6941.09},{"text":"all","start":6941.33,"end":6941.41},{"text":"development","start":6941.41,"end":6942.57},{"text":"strategies.","start":6942.57,"end":6943.17}]},{"text":"On top of this, There's heightened volatility of global financial markets, as well as the calling into question of 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aforementioned challenges are making economies more fragile, especially developing countries' economies.","start":6952.41,"end":6957.85,"topics":[],"words":[{"text":"The","start":6952.41,"end":6952.53},{"text":"aforementioned","start":6952.53,"end":6953.13},{"text":"challenges","start":6953.21,"end":6953.93},{"text":"are","start":6954.05,"end":6954.13},{"text":"making","start":6954.13,"end":6954.49},{"text":"economies","start":6954.49,"end":6954.97},{"text":"more","start":6954.97,"end":6955.17},{"text":"fragile,","start":6955.17,"end":6955.69},{"text":"especially","start":6955.69,"end":6956.41},{"text":"developing","start":6956.49,"end":6956.97},{"text":"countries'","start":6956.97,"end":6957.29},{"text":"economies.","start":6957.29,"end":6957.85}]},{"text":"They are threatening everything we've achieved, our hard-won gains achieved over many 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least developed countries, the LDCs, in particular those on the African continent, are often tackling growing constraints exacerbated by international financial rules that are often poorly tailored to their national 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this note, I'd like to recall that there's an increasingly pressing need for a deep overhaul of the international financial architecture so as to make international financial institutions more 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ladies and gentlemen, at a time when the global world order is seriously being put to the test, rethinking development financing is becoming an absolute 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d'Ivoire.","start":7166.85,"end":7170.93,"topics":[],"words":[{"text":"I","start":7166.85,"end":7166.89},{"text":"thank","start":7166.89,"end":7167.25},{"text":"the","start":7168.37,"end":7168.49},{"text":"Vice","start":7168.49,"end":7168.77},{"text":"President","start":7168.77,"end":7169.29},{"text":"of","start":7169.29,"end":7169.41},{"text":"the","start":7169.41,"end":7169.49},{"text":"Republic","start":7169.49,"end":7169.97},{"text":"of","start":7169.97,"end":7170.13},{"text":"Cote","start":7170.13,"end":7170.33},{"text":"d'Ivoire.","start":7170.33,"end":7170.93}]},{"text":"And I want to present our next speaker, His Excellency Michael Biswike 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Malawi.","start":7181.81,"end":7183.81,"topics":[],"words":[{"text":"Vice","start":7181.81,"end":7182.01},{"text":"President","start":7182.01,"end":7182.49},{"text":"of","start":7182.49,"end":7182.61},{"text":"the","start":7182.61,"end":7182.69},{"text":"Republic","start":7182.69,"end":7183.17},{"text":"of","start":7183.17,"end":7183.29},{"text":"Malawi.","start":7183.29,"end":7183.81}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"President of the conference"}},{"statement_number":32,"start":7218.41,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=7219","paragraphs":[{"sentences":[{"text":"Mr. President, Excellencies, distinguished delegates, on behalf of His Excellency, Dr. Lazarus McCarthy Chakwera, President of the Republic of Malawi, and indeed the people of Malawi, Allow me to thank the people of Spain for the warm welcome.","start":7218.41,"end":7238.61,"topics":[],"words":[{"text":"Mr.","start":7218.41,"end":7218.81},{"text":"President,","start":7218.81,"end":7219.69},{"text":"Excellencies,","start":7220.33,"end":7221.37},{"text":"distinguished","start":7222.01,"end":7222.65},{"text":"delegates,","start":7222.65,"end":7223.45},{"text":"on","start":7224.25,"end":7224.41},{"text":"behalf","start":7224.41,"end":7225.05},{"text":"of","start":7225.21,"end":7225.49},{"text":"His","start":7225.49,"end":7225.65},{"text":"Excellency,","start":7225.65,"end":7226.41},{"text":"Dr.","start":7226.41,"end":7227.13},{"text":"Lazarus","start":7227.13,"end":7227.53},{"text":"McCarthy","start":7227.53,"end":7227.97},{"text":"Chakwera,","start":7227.97,"end":7228.49},{"text":"President","start":7229.21,"end":7230.01},{"text":"of","start":7230.33,"end":7230.49},{"text":"the","start":7230.49,"end":7230.57},{"text":"Republic","start":7230.57,"end":7230.97},{"text":"of","start":7230.97,"end":7231.05},{"text":"Malawi,","start":7231.05,"end":7231.61},{"text":"and","start":7232.01,"end":7232.25},{"text":"indeed","start":7232.25,"end":7232.73},{"text":"the","start":7232.89,"end":7233.05},{"text":"people","start":7233.05,"end":7233.29},{"text":"of","start":7233.29,"end":7233.37},{"text":"Malawi,","start":7233.37,"end":7233.85},{"text":"Allow","start":7234.45,"end":7234.65},{"text":"me","start":7234.65,"end":7234.93},{"text":"to","start":7234.93,"end":7235.05},{"text":"thank","start":7235.05,"end":7235.49},{"text":"the","start":7235.49,"end":7235.65},{"text":"people","start":7235.65,"end":7236.01},{"text":"of","start":7236.01,"end":7236.13},{"text":"Spain","start":7236.13,"end":7236.61},{"text":"for","start":7237.09,"end":7237.33},{"text":"the","start":7237.33,"end":7237.45},{"text":"warm","start":7237.45,"end":7237.97},{"text":"welcome.","start":7238.05,"end":7238.61}]},{"text":"Malawi is honored to address this conference under the timely theme, Financing Our Future.","start":7239.65,"end":7245.65,"topics":[],"words":[{"text":"Malawi","start":7239.65,"end":7240.17},{"text":"is","start":7240.17,"end":7240.37},{"text":"honored","start":7240.37,"end":7240.69},{"text":"to","start":7240.69,"end":7240.77},{"text":"address","start":7240.77,"end":7241.09},{"text":"this","start":7241.09,"end":7241.25},{"text":"conference","start":7241.25,"end":7241.97},{"text":"under","start":7242.49,"end":7242.77},{"text":"the","start":7242.77,"end":7242.89},{"text":"timely","start":7242.89,"end":7243.25},{"text":"theme,","start":7243.25,"end":7243.65},{"text":"Financing","start":7244.13,"end":7244.85},{"text":"Our","start":7244.85,"end":7245.09},{"text":"Future.","start":7245.09,"end":7245.65}]},{"text":"Malawi aligns fully with the call for a just, equitable, and transformative global financing framework.","start":7246.77,"end":7254.53,"topics":[],"words":[{"text":"Malawi","start":7246.77,"end":7247.17},{"text":"aligns","start":7247.17,"end":7247.57},{"text":"fully","start":7247.57,"end":7247.85},{"text":"with","start":7247.85,"end":7248.01},{"text":"the","start":7248.01,"end":7248.09},{"text":"call","start":7248.09,"end":7248.61},{"text":"for","start":7249.01,"end":7249.29},{"text":"a","start":7249.29,"end":7249.33},{"text":"just,","start":7249.33,"end":7249.97},{"text":"equitable,","start":7250.13,"end":7250.85},{"text":"and","start":7251.33,"end":7251.65},{"text":"transformative","start":7251.65,"end":7252.61},{"text":"global","start":7252.69,"end":7253.25},{"text":"financing","start":7253.25,"end":7253.97},{"text":"framework.","start":7253.97,"end":7254.53}]},{"text":"Malawi recently launched its integrated national financing framework with UN 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domestic resource mobilisation by strengthening tax systems, integrating the informal sector and improving public expenditure 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we anchor development in private sector engagement and trade.","start":7286.13,"end":7291.49,"topics":[],"words":[{"text":"Second,","start":7286.13,"end":7286.85},{"text":"we","start":7287.25,"end":7287.49},{"text":"anchor","start":7287.49,"end":7287.81},{"text":"development","start":7287.81,"end":7288.53},{"text":"in","start":7288.53,"end":7288.77},{"text":"private","start":7288.77,"end":7289.25},{"text":"sector","start":7289.25,"end":7289.85},{"text":"engagement","start":7289.85,"end":7290.53},{"text":"and","start":7290.85,"end":7291.09},{"text":"trade.","start":7291.09,"end":7291.49}]},{"text":"We urge enhanced support for trade infrastructure and market access alongside fair multilateral trade 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vital.","start":7303.57,"end":7309.17,"topics":[],"words":[{"text":"Third,","start":7303.57,"end":7303.97},{"text":"reforming","start":7304.85,"end":7305.45},{"text":"international","start":7305.45,"end":7306.29},{"text":"financial","start":7306.85,"end":7307.57},{"text":"architecture","start":7307.57,"end":7308.29},{"text":"is","start":7308.37,"end":7308.61},{"text":"vital.","start":7308.61,"end":7309.17}]},{"text":"We call for reforming international financial institutions to ensure the system equitably delivers development aspirations of all countries, particularly developing 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relief, highly concessional loans, blended finance, and official development assistance are essential for countries like Malawi facing disproportionate impact of climate and pandemic 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President, investing in science Technology and innovation is non-negotiable.","start":7344.89,"end":7353.85,"topics":[],"words":[{"text":"Mr.","start":7344.89,"end":7345.17},{"text":"President,","start":7345.17,"end":7345.77},{"text":"investing","start":7349.13,"end":7349.69},{"text":"in","start":7349.69,"end":7349.77},{"text":"science","start":7349.77,"end":7350.41},{"text":"Technology","start":7350.73,"end":7351.37},{"text":"and","start":7351.37,"end":7351.65},{"text":"innovation","start":7351.65,"end":7352.33},{"text":"is","start":7352.73,"end":7353.05},{"text":"non-negotiable.","start":7353.05,"end":7353.85}]},{"text":"We must bridge technological gaps and empower youth and women for sustainable 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frameworks.","start":7362.09,"end":7367.29,"topics":[],"words":[{"text":"Malawi","start":7362.09,"end":7362.57},{"text":"supports","start":7362.57,"end":7362.97},{"text":"naturally","start":7362.97,"end":7363.41},{"text":"owned,","start":7363.41,"end":7364.01},{"text":"inclusive,","start":7364.41,"end":7365.13},{"text":"resilient","start":7365.53,"end":7366.05},{"text":"financing","start":7366.05,"end":7366.57},{"text":"frameworks.","start":7366.57,"end":7367.29}]},{"text":"Let us embrace the integrated national financing framework as the pathway 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PSIDS represent a region usually characterized by vast ocean space with limited land and natural endowment, geographically isolated from major markets, underdeveloped economic infrastructures, and severely susceptible to global shock.","start":7441.85,"end":7463.53,"topics":[],"words":[{"text":"The","start":7441.85,"end":7441.97},{"text":"PSIDS","start":7441.97,"end":7443.13},{"text":"represent","start":7443.13,"end":7443.85},{"text":"a","start":7443.85,"end":7443.89},{"text":"region","start":7443.89,"end":7444.73},{"text":"usually","start":7445.37,"end":7445.85},{"text":"characterized","start":7445.85,"end":7446.81},{"text":"by","start":7446.81,"end":7446.97},{"text":"vast","start":7446.97,"end":7447.53},{"text":"ocean","start":7448.09,"end":7448.41},{"text":"space","start":7448.41,"end":7449.05},{"text":"with","start":7449.37,"end":7449.57},{"text":"limited","start":7449.57,"end":7450.09},{"text":"land","start":7450.09,"end":7450.49},{"text":"and","start":7450.97,"end":7451.17},{"text":"natural","start":7451.17,"end":7451.77},{"text":"endowment,","start":7452.01,"end":7452.81},{"text":"geographically","start":7453.53,"end":7454.33},{"text":"isolated","start":7454.33,"end":7454.89},{"text":"from","start":7454.89,"end":7455.17},{"text":"major","start":7455.17,"end":7455.49},{"text":"markets,","start":7455.49,"end":7456.09},{"text":"underdeveloped","start":7456.73,"end":7457.69},{"text":"economic","start":7458.57,"end":7459.13},{"text":"infrastructures,","start":7459.13,"end":7460.17},{"text":"and","start":7460.57,"end":7460.81},{"text":"severely","start":7460.81,"end":7461.53},{"text":"susceptible","start":7461.85,"end":7462.57},{"text":"to","start":7462.57,"end":7462.73},{"text":"global","start":7462.73,"end":7463.13},{"text":"shock.","start":7463.13,"end":7463.53}]},{"text":"Mr. President, we associate ourselves with the statement to be delivered by the Alliance of Small Island States, AOSIS.","start":7465.13,"end":7472.49,"topics":[],"words":[{"text":"Mr.","start":7465.13,"end":7465.41},{"text":"President,","start":7465.41,"end":7465.93},{"text":"we","start":7465.93,"end":7466.25},{"text":"associate","start":7466.25,"end":7466.81},{"text":"ourselves","start":7466.81,"end":7467.41},{"text":"with","start":7468.01,"end":7468.17},{"text":"the","start":7468.17,"end":7468.25},{"text":"statement","start":7468.25,"end":7468.77},{"text":"to","start":7468.77,"end":7468.85},{"text":"be","start":7468.85,"end":7468.93},{"text":"delivered","start":7468.93,"end":7469.41},{"text":"by","start":7469.41,"end":7469.61},{"text":"the","start":7469.61,"end":7469.73},{"text":"Alliance","start":7469.73,"end":7470.25},{"text":"of","start":7470.25,"end":7470.41},{"text":"Small","start":7470.41,"end":7470.73},{"text":"Island","start":7470.73,"end":7471.05},{"text":"States,","start":7471.05,"end":7471.53},{"text":"AOSIS.","start":7471.65,"end":7472.49}]},{"text":"We also join earlier speakers in expressing our sincere appreciation to the four co-facilitators, Nepal, Norway, Mexico and Zambia, for their exceptional efforts in steering a transparent, inclusive and meticulous negotiation process of the Seville Commitment.","start":7473.29,"end":7498.25,"topics":[],"words":[{"text":"We","start":7473.29,"end":7473.45},{"text":"also","start":7473.45,"end":7474.09},{"text":"join","start":7474.41,"end":7474.89},{"text":"earlier","start":7475.13,"end":7475.45},{"text":"speakers","start":7475.45,"end":7476.17},{"text":"in","start":7476.65,"end":7476.93},{"text":"expressing","start":7477.21,"end":7478.17},{"text":"our","start":7478.17,"end":7478.29},{"text":"sincere","start":7478.33,"end":7479.05},{"text":"appreciation","start":7479.37,"end":7480.33},{"text":"to","start":7480.81,"end":7480.93},{"text":"the","start":7480.97,"end":7481.09},{"text":"four","start":7481.09,"end":7481.61},{"text":"co-facilitators,","start":7481.85,"end":7483.13},{"text":"Nepal,","start":7483.45,"end":7484.09},{"text":"Norway,","start":7484.41,"end":7485.13},{"text":"Mexico","start":7485.53,"end":7486.33},{"text":"and","start":7486.65,"end":7486.93},{"text":"Zambia,","start":7486.93,"end":7487.53},{"text":"for","start":7487.93,"end":7488.13},{"text":"their","start":7488.13,"end":7488.33},{"text":"exceptional","start":7488.33,"end":7489.05},{"text":"efforts","start":7489.05,"end":7489.69},{"text":"in","start":7490.09,"end":7490.25},{"text":"steering","start":7490.25,"end":7490.89},{"text":"a","start":7491.37,"end":7491.41},{"text":"transparent,","start":7491.41,"end":7492.33},{"text":"inclusive","start":7492.57,"end":7493.37},{"text":"and","start":7493.69,"end":7493.93},{"text":"meticulous","start":7493.93,"end":7494.65},{"text":"negotiation","start":7494.65,"end":7495.37},{"text":"process","start":7495.37,"end":7496.01},{"text":"of","start":7496.33,"end":7496.49},{"text":"the","start":7496.49,"end":7496.61},{"text":"Seville","start":7496.61,"end":7497.21},{"text":"Commitment.","start":7497.45,"end":7498.25}]},{"text":"We also thank our gracious host, Spain, for her steadfast leadership in championing the financing for development process, amid a challenging geopolitical backdrop, and for the exceptional hospitality extended to us all.","start":7498.89,"end":7516.77,"topics":[],"words":[{"text":"We","start":7498.89,"end":7499.09},{"text":"also","start":7499.09,"end":7499.37},{"text":"thank","start":7499.37,"end":7499.93},{"text":"our","start":7500.49,"end":7500.57},{"text":"gracious","start":7500.65,"end":7501.13},{"text":"host,","start":7501.13,"end":7501.61},{"text":"Spain,","start":7501.61,"end":7502.25},{"text":"for","start":7502.73,"end":7502.97},{"text":"her","start":7502.97,"end":7503.29},{"text":"steadfast","start":7503.37,"end":7504.17},{"text":"leadership","start":7504.17,"end":7504.69},{"text":"in","start":7505.21,"end":7505.37},{"text":"championing","start":7505.37,"end":7506.09},{"text":"the","start":7506.45,"end":7506.53},{"text":"financing","start":7506.53,"end":7507.09},{"text":"for","start":7507.09,"end":7507.25},{"text":"development","start":7507.25,"end":7507.89},{"text":"process,","start":7507.89,"end":7508.61},{"text":"amid","start":7509.01,"end":7509.41},{"text":"a","start":7509.65,"end":7509.69},{"text":"challenging","start":7509.69,"end":7510.37},{"text":"geopolitical","start":7510.37,"end":7511.25},{"text":"backdrop,","start":7511.25,"end":7511.89},{"text":"and","start":7512.77,"end":7513.01},{"text":"for","start":7513.01,"end":7513.21},{"text":"the","start":7513.21,"end":7513.29},{"text":"exceptional","start":7513.29,"end":7514.05},{"text":"hospitality","start":7514.05,"end":7515.09},{"text":"extended","start":7515.33,"end":7515.93},{"text":"to","start":7515.93,"end":7516.37},{"text":"us","start":7516.37,"end":7516.53},{"text":"all.","start":7516.53,"end":7516.77}]},{"text":"Spain's stellar leadership radiates a powerful message that multilateralism can still deliver, despite the absence of one major global power from the table.","start":7517.57,"end":7529.97,"topics":[],"words":[{"text":"Spain's","start":7517.57,"end":7518.25},{"text":"stellar","start":7518.25,"end":7518.69},{"text":"leadership","start":7518.69,"end":7519.25},{"text":"radiates","start":7519.65,"end":7520.45},{"text":"a","start":7520.53,"end":7520.57},{"text":"powerful","start":7520.57,"end":7521.25},{"text":"message","start":7521.25,"end":7521.81},{"text":"that","start":7522.13,"end":7522.29},{"text":"multilateralism","start":7522.29,"end":7523.49},{"text":"can","start":7523.73,"end":7523.97},{"text":"still","start":7523.97,"end":7524.25},{"text":"deliver,","start":7524.25,"end":7524.85},{"text":"despite","start":7525.25,"end":7525.73},{"text":"the","start":7525.73,"end":7525.85},{"text":"absence","start":7525.85,"end":7526.53},{"text":"of","start":7526.77,"end":7527.01},{"text":"one","start":7527.17,"end":7527.65},{"text":"major","start":7527.65,"end":7528.09},{"text":"global","start":7528.09,"end":7528.45},{"text":"power","start":7528.45,"end":7528.93},{"text":"from","start":7529.09,"end":7529.33},{"text":"the","start":7529.33,"end":7529.45},{"text":"table.","start":7529.45,"end":7529.97}]},{"text":"Excellencies, We came to Seville with high expectation that this conference will deliver concrete, ambitious commitments to guide global financing cooperation through 2030 and 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the outcome document was heavily watered down, particularly on the most urgent sister systemic issues such as debt restructuring, international tax justice, and climate finance.","start":7546.49,"end":7562.93,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. 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They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"Yet","start":7546.49,"end":7546.81},{"text":"the","start":7546.81,"end":7546.93},{"text":"outcome","start":7546.93,"end":7547.37},{"text":"document","start":7547.37,"end":7548.09},{"text":"was","start":7548.41,"end":7548.65},{"text":"heavily","start":7548.65,"end":7549.21},{"text":"watered","start":7549.21,"end":7549.61},{"text":"down,","start":7549.61,"end":7550.01},{"text":"particularly","start":7550.49,"end":7551.45},{"text":"on","start":7551.61,"end":7551.77},{"text":"the","start":7551.77,"end":7551.85},{"text":"most","start":7551.85,"end":7552.25},{"text":"urgent","start":7552.29,"end":7552.85},{"text":"sister","start":7552.97,"end":7554.41},{"text":"systemic","start":7555.09,"end":7555.89},{"text":"issues","start":7556.05,"end":7556.69},{"text":"such","start":7556.93,"end":7557.33},{"text":"as","start":7557.33,"end":7557.57},{"text":"debt","start":7557.57,"end":7557.89},{"text":"restructuring,","start":7557.97,"end":7558.85},{"text":"international","start":7559.25,"end":7560.05},{"text":"tax","start":7560.05,"end":7560.53},{"text":"justice,","start":7560.53,"end":7561.09},{"text":"and","start":7561.41,"end":7561.57},{"text":"climate","start":7561.57,"end":7562.21},{"text":"finance.","start":7562.21,"end":7562.93}]},{"text":"We meet at a historical inflection point with the world gripped by a mounting debt crisis, accelerating climate collapse, widening global inequalities, and global conflict.","start":7563.81,"end":7577.25,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. 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Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"We","start":7563.81,"end":7564.05},{"text":"meet","start":7564.05,"end":7564.37},{"text":"at","start":7564.53,"end":7564.81},{"text":"a","start":7564.81,"end":7564.85},{"text":"historical","start":7564.85,"end":7565.65},{"text":"inflection","start":7565.65,"end":7566.29},{"text":"point","start":7566.29,"end":7566.77},{"text":"with","start":7567.17,"end":7567.33},{"text":"the","start":7567.33,"end":7567.41},{"text":"world","start":7567.41,"end":7567.81},{"text":"gripped","start":7567.81,"end":7568.29},{"text":"by","start":7568.29,"end":7568.81},{"text":"a","start":7568.81,"end":7568.85},{"text":"mounting","start":7568.85,"end":7569.33},{"text":"debt","start":7569.33,"end":7569.57},{"text":"crisis,","start":7569.57,"end":7570.29},{"text":"accelerating","start":7570.61,"end":7571.65},{"text":"climate","start":7571.97,"end":7572.45},{"text":"collapse,","start":7572.45,"end":7573.17},{"text":"widening","start":7573.49,"end":7574.05},{"text":"global","start":7574.05,"end":7574.53},{"text":"inequalities,","start":7574.53,"end":7575.49},{"text":"and","start":7575.73,"end":7576.05},{"text":"global","start":7576.05,"end":7576.53},{"text":"conflict.","start":7576.53,"end":7577.25}]},{"text":"The choice before us is stark.","start":7577.81,"end":7579.81,"topics":[],"words":[{"text":"The","start":7577.81,"end":7577.97},{"text":"choice","start":7577.97,"end":7578.53},{"text":"before","start":7578.53,"end":7578.93},{"text":"us","start":7578.93,"end":7579.17},{"text":"is","start":7579.17,"end":7579.33},{"text":"stark.","start":7579.33,"end":7579.81}]},{"text":"We either stand with the world's most vulnerable and deliver justice, or continue to support a flawed global financial system that perpetuates this crisis.","start":7580.21,"end":7592.25,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"We","start":7580.21,"end":7580.57},{"text":"either","start":7580.57,"end":7580.73},{"text":"stand","start":7580.73,"end":7581.33},{"text":"with","start":7581.33,"end":7581.53},{"text":"the","start":7581.53,"end":7581.61},{"text":"world's","start":7581.61,"end":7582.05},{"text":"most","start":7582.05,"end":7582.45},{"text":"vulnerable","start":7582.45,"end":7583.09},{"text":"and","start":7583.49,"end":7583.69},{"text":"deliver","start":7583.69,"end":7584.05},{"text":"justice,","start":7584.05,"end":7584.69},{"text":"or","start":7585.05,"end":7585.21},{"text":"continue","start":7585.21,"end":7585.85},{"text":"to","start":7585.85,"end":7586.05},{"text":"support","start":7586.05,"end":7586.73},{"text":"a","start":7587.09,"end":7587.13},{"text":"flawed","start":7587.13,"end":7587.77},{"text":"global","start":7588.09,"end":7588.57},{"text":"financial","start":7588.57,"end":7589.05},{"text":"system","start":7589.05,"end":7589.61},{"text":"that","start":7589.85,"end":7590.01},{"text":"perpetuates","start":7590.01,"end":7590.97},{"text":"this","start":7591.13,"end":7591.45},{"text":"crisis.","start":7591.45,"end":7592.25}]},{"text":"Distinguished delegates, allow me to share some reflections on six thematic areas aligned with PESI's priority.","start":7592.73,"end":7601.61,"topics":[],"words":[{"text":"Distinguished","start":7592.73,"end":7593.33},{"text":"delegates,","start":7593.33,"end":7594.09},{"text":"allow","start":7594.41,"end":7594.69},{"text":"me","start":7594.69,"end":7594.93},{"text":"to","start":7594.93,"end":7595.13},{"text":"share","start":7595.13,"end":7595.61},{"text":"some","start":7596.17,"end":7596.41},{"text":"reflections","start":7596.41,"end":7597.37},{"text":"on","start":7597.61,"end":7597.77},{"text":"six","start":7597.77,"end":7598.17},{"text":"thematic","start":7598.17,"end":7598.65},{"text":"areas","start":7598.65,"end":7599.21},{"text":"aligned","start":7599.53,"end":7600.01},{"text":"with","start":7600.01,"end":7600.17},{"text":"PESI's","start":7600.17,"end":7600.81},{"text":"priority.","start":7600.81,"end":7601.61}]},{"text":"Firstly, on the urgency of climate justice.","start":7602.57,"end":7605.93,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"Firstly,","start":7602.57,"end":7603.21},{"text":"on","start":7603.73,"end":7603.85},{"text":"the","start":7603.85,"end":7603.97},{"text":"urgency","start":7603.97,"end":7604.49},{"text":"of","start":7604.49,"end":7604.65},{"text":"climate","start":7604.65,"end":7605.05},{"text":"justice.","start":7605.05,"end":7605.93}]},{"text":"History teaches us what is possible when the world takes crisis seriously.","start":7606.57,"end":7612.73,"topics":[],"words":[{"text":"History","start":7606.57,"end":7607.29},{"text":"teaches","start":7607.69,"end":7608.25},{"text":"us","start":7608.25,"end":7608.65},{"text":"what","start":7608.65,"end":7608.89},{"text":"is","start":7608.89,"end":7609.05},{"text":"possible","start":7609.05,"end":7609.77},{"text":"when","start":7609.93,"end":7610.17},{"text":"the","start":7610.17,"end":7610.29},{"text":"world","start":7610.29,"end":7610.61},{"text":"takes","start":7610.61,"end":7611.21},{"text":"crisis","start":7611.45,"end":7612.05},{"text":"seriously.","start":7612.05,"end":7612.73}]},{"text":"In the aftermath of World War II, the Marshall Plan and the Bretton Woods system were established in record time.","start":7613.69,"end":7622.33,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"In","start":7613.69,"end":7613.81},{"text":"the","start":7613.81,"end":7613.89},{"text":"aftermath","start":7613.89,"end":7614.65},{"text":"of","start":7614.73,"end":7614.97},{"text":"World","start":7614.97,"end":7615.21},{"text":"War","start":7615.21,"end":7615.45},{"text":"II,","start":7615.45,"end":7615.85},{"text":"the","start":7616.33,"end":7616.49},{"text":"Marshall","start":7616.49,"end":7616.89},{"text":"Plan","start":7616.89,"end":7617.45},{"text":"and","start":7617.69,"end":7617.89},{"text":"the","start":7617.89,"end":7618.01},{"text":"Bretton","start":7618.01,"end":7618.57},{"text":"Woods","start":7618.65,"end":7619.29},{"text":"system","start":7619.37,"end":7620.01},{"text":"were","start":7620.17,"end":7620.41},{"text":"established","start":7620.41,"end":7621.13},{"text":"in","start":7621.13,"end":7621.37},{"text":"record","start":7621.37,"end":7621.85},{"text":"time.","start":7621.85,"end":7622.33}]},{"text":"At the onset of COVID-19, we witnessed the largest ever allocation of special drawing rights deployed urgently by developed nations.","start":7622.97,"end":7633.37,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."},{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"At","start":7622.97,"end":7623.13},{"text":"the","start":7623.13,"end":7623.25},{"text":"onset","start":7623.25,"end":7623.65},{"text":"of","start":7623.65,"end":7623.77},{"text":"COVID-19,","start":7623.77,"end":7625.13},{"text":"we","start":7625.61,"end":7625.77},{"text":"witnessed","start":7625.77,"end":7626.29},{"text":"the","start":7626.29,"end":7626.37},{"text":"largest","start":7626.37,"end":7626.97},{"text":"ever","start":7626.97,"end":7627.45},{"text":"allocation","start":7627.53,"end":7628.41},{"text":"of","start":7628.77,"end":7628.89},{"text":"special","start":7628.89,"end":7629.53},{"text":"drawing","start":7629.77,"end":7630.17},{"text":"rights","start":7630.17,"end":7630.65},{"text":"deployed","start":7630.89,"end":7631.45},{"text":"urgently","start":7631.49,"end":7632.01},{"text":"by","start":7632.01,"end":7632.25},{"text":"developed","start":7632.25,"end":7632.73},{"text":"nations.","start":7632.73,"end":7633.37}]},{"text":"Yet today, as we confront the greatest threat of our era, climate change, there is no such urgency.","start":7633.85,"end":7641.37,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"Yet","start":7633.85,"end":7634.13},{"text":"today,","start":7634.13,"end":7634.57},{"text":"as","start":7634.65,"end":7634.89},{"text":"we","start":7634.89,"end":7635.05},{"text":"confront","start":7635.05,"end":7635.69},{"text":"the","start":7636.01,"end":7636.13},{"text":"greatest","start":7636.13,"end":7636.61},{"text":"threat","start":7636.61,"end":7637.05},{"text":"of","start":7637.17,"end":7637.37},{"text":"our","start":7637.37,"end":7637.53},{"text":"era,","start":7637.53,"end":7637.93},{"text":"climate","start":7638.33,"end":7638.81},{"text":"change,","start":7638.81,"end":7639.29},{"text":"there","start":7639.61,"end":7639.85},{"text":"is","start":7639.85,"end":7640.01},{"text":"no","start":7640.01,"end":7640.33},{"text":"such","start":7640.33,"end":7640.65},{"text":"urgency.","start":7640.65,"end":7641.37}]},{"text":"Where is the Marshall Plan for climate action?","start":7641.97,"end":7645.21,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"Where","start":7641.97,"end":7642.33},{"text":"is","start":7642.33,"end":7642.57},{"text":"the","start":7642.65,"end":7642.81},{"text":"Marshall","start":7642.81,"end":7643.53},{"text":"Plan","start":7643.53,"end":7644.01},{"text":"for","start":7644.17,"end":7644.37},{"text":"climate","start":7644.37,"end":7644.77},{"text":"action?","start":7644.77,"end":7645.21}]},{"text":"Why does bold action have to arrive only after catastrophe, when foresight could prevent it?","start":7645.85,"end":7653.13,"topics":[],"words":[{"text":"Why","start":7645.85,"end":7646.09},{"text":"does","start":7646.09,"end":7646.41},{"text":"bold","start":7646.41,"end":7646.81},{"text":"action","start":7646.81,"end":7647.37},{"text":"have","start":7647.61,"end":7647.85},{"text":"to","start":7647.85,"end":7648.01},{"text":"arrive","start":7648.01,"end":7648.41},{"text":"only","start":7648.41,"end":7648.97},{"text":"after","start":7649.29,"end":7649.61},{"text":"catastrophe,","start":7649.61,"end":7650.57},{"text":"when","start":7650.97,"end":7651.21},{"text":"foresight","start":7651.21,"end":7651.93},{"text":"could","start":7652.17,"end":7652.33},{"text":"prevent","start":7652.33,"end":7652.81},{"text":"it?","start":7652.81,"end":7653.13}]},{"text":"We are seriously disappointed that agreed language on climate change was removed from the final outcome.","start":7653.77,"end":7661.69,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"We","start":7653.77,"end":7654.01},{"text":"are","start":7654.01,"end":7654.09},{"text":"seriously","start":7654.09,"end":7655.29},{"text":"disappointed","start":7655.93,"end":7656.73},{"text":"that","start":7656.81,"end":7657.05},{"text":"agreed","start":7657.05,"end":7657.45},{"text":"language","start":7657.45,"end":7658.01},{"text":"on","start":7658.01,"end":7658.17},{"text":"climate","start":7658.17,"end":7658.57},{"text":"change","start":7658.57,"end":7659.05},{"text":"was","start":7659.37,"end":7659.61},{"text":"removed","start":7659.61,"end":7660.21},{"text":"from","start":7660.33,"end":7660.57},{"text":"the","start":7660.57,"end":7660.69},{"text":"final","start":7660.69,"end":7661.13},{"text":"outcome.","start":7661.13,"end":7661.69}]},{"text":"We therefore reiterate our call for urgent, scaled-up adaptation finance alongside the rapid operationalization and replenishment of the Loss and Damage Fund.","start":7662.25,"end":7675.73,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"We","start":7662.25,"end":7662.49},{"text":"therefore","start":7662.49,"end":7663.21},{"text":"reiterate","start":7663.53,"end":7664.33},{"text":"our","start":7664.33,"end":7664.49},{"text":"call","start":7664.49,"end":7665.05},{"text":"for","start":7665.37,"end":7665.61},{"text":"urgent,","start":7665.65,"end":7666.25},{"text":"scaled-up","start":7666.65,"end":7667.37},{"text":"adaptation","start":7667.61,"end":7668.33},{"text":"finance","start":7668.33,"end":7669.13},{"text":"alongside","start":7669.49,"end":7670.21},{"text":"the","start":7670.21,"end":7670.37},{"text":"rapid","start":7670.37,"end":7670.93},{"text":"operationalization","start":7671.09,"end":7672.53},{"text":"and","start":7672.93,"end":7673.13},{"text":"replenishment","start":7673.13,"end":7674.05},{"text":"of","start":7674.21,"end":7674.37},{"text":"the","start":7674.37,"end":7674.49},{"text":"Loss","start":7674.49,"end":7674.85},{"text":"and","start":7674.85,"end":7675.05},{"text":"Damage","start":7675.05,"end":7675.33},{"text":"Fund.","start":7675.33,"end":7675.73}]},{"text":"We welcome the Baku to Balam roadmap to $1.3 trillion and urge all parties to meet their Paris Agreement commitments urgently.","start":7676.45,"end":7688.53,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"We","start":7676.45,"end":7676.69},{"text":"welcome","start":7676.69,"end":7677.33},{"text":"the","start":7677.49,"end":7677.65},{"text":"Baku","start":7677.65,"end":7678.21},{"text":"to","start":7678.21,"end":7678.45},{"text":"Balam","start":7678.45,"end":7679.09},{"text":"roadmap","start":7679.41,"end":7680.13},{"text":"to","start":7680.61,"end":7681.25},{"text":"$1.3","start":7681.37,"end":7681.89},{"text":"trillion","start":7681.89,"end":7682.61},{"text":"and","start":7683.17,"end":7683.41},{"text":"urge","start":7683.53,"end":7683.73},{"text":"all","start":7683.73,"end":7683.89},{"text":"parties","start":7683.89,"end":7684.61},{"text":"to","start":7684.85,"end":7685.01},{"text":"meet","start":7685.01,"end":7685.33},{"text":"their","start":7685.41,"end":7685.65},{"text":"Paris","start":7685.65,"end":7686.05},{"text":"Agreement","start":7686.05,"end":7686.69},{"text":"commitments","start":7687.17,"end":7687.89},{"text":"urgently.","start":7687.89,"end":7688.53}]},{"text":"We cannot afford to delay any further because justice delayed is justice denied.","start":7689.33,"end":7695.65,"topics":[],"words":[{"text":"We","start":7689.33,"end":7689.57},{"text":"cannot","start":7689.57,"end":7689.93},{"text":"afford","start":7689.93,"end":7690.29},{"text":"to","start":7690.29,"end":7690.61},{"text":"delay","start":7690.61,"end":7691.09},{"text":"any","start":7691.09,"end":7691.33},{"text":"further","start":7691.33,"end":7691.89},{"text":"because","start":7692.37,"end":7692.85},{"text":"justice","start":7692.85,"end":7693.41},{"text":"delayed","start":7693.41,"end":7693.97},{"text":"is","start":7694.29,"end":7694.53},{"text":"justice","start":7694.53,"end":7695.09},{"text":"denied.","start":7695.09,"end":7695.65}]},{"text":"Secondly, Mr. President, in respect of countries in special situations, we welcome the reaffirmation of the special situations of LDCs, LLDCs, and SIDS in the Seville Commitment.","start":7696.65,"end":7712.09,"topics":[],"words":[{"text":"Secondly,","start":7696.65,"end":7697.17},{"text":"Mr.","start":7697.17,"end":7697.49},{"text":"President,","start":7697.49,"end":7698.01},{"text":"in","start":7698.01,"end":7698.13},{"text":"respect","start":7698.13,"end":7698.57},{"text":"of","start":7698.57,"end":7698.73},{"text":"countries","start":7698.73,"end":7699.53},{"text":"in","start":7699.77,"end":7699.93},{"text":"special","start":7699.93,"end":7700.33},{"text":"situations,","start":7700.33,"end":7701.21},{"text":"we","start":7701.69,"end":7701.85},{"text":"welcome","start":7701.85,"end":7702.33},{"text":"the","start":7702.33,"end":7702.45},{"text":"reaffirmation","start":7702.45,"end":7704.09},{"text":"of","start":7704.69,"end":7704.81},{"text":"the","start":7704.81,"end":7704.89},{"text":"special","start":7704.89,"end":7705.37},{"text":"situations","start":7705.37,"end":7706.33},{"text":"of","start":7706.57,"end":7706.81},{"text":"LDCs,","start":7706.81,"end":7707.77},{"text":"LLDCs,","start":7708.09,"end":7709.21},{"text":"and","start":7709.37,"end":7709.61},{"text":"SIDS","start":7709.61,"end":7710.09},{"text":"in","start":7710.09,"end":7710.25},{"text":"the","start":7710.25,"end":7710.37},{"text":"Seville","start":7710.37,"end":7710.81},{"text":"Commitment.","start":7711.37,"end":7712.09}]},{"text":"For P-SIDS, our geographic isolation, limited economies of scale, and acute vulnerability to external shocks demands responses tailored to our needs.","start":7712.65,"end":7725.37,"topics":[],"words":[{"text":"For","start":7712.65,"end":7712.89},{"text":"P-SIDS,","start":7712.89,"end":7713.61},{"text":"our","start":7713.93,"end":7714.17},{"text":"geographic","start":7714.17,"end":7715.05},{"text":"isolation,","start":7715.37,"end":7716.25},{"text":"limited","start":7716.65,"end":7717.21},{"text":"economies","start":7717.21,"end":7717.97},{"text":"of","start":7717.97,"end":7718.09},{"text":"scale,","start":7718.09,"end":7718.57},{"text":"and","start":7718.89,"end":7719.09},{"text":"acute","start":7719.09,"end":7719.65},{"text":"vulnerability","start":7719.65,"end":7720.49},{"text":"to","start":7720.49,"end":7720.65},{"text":"external","start":7720.65,"end":7721.37},{"text":"shocks","start":7721.61,"end":7722.17},{"text":"demands","start":7722.49,"end":7722.97},{"text":"responses","start":7722.97,"end":7723.77},{"text":"tailored","start":7724.09,"end":7724.53},{"text":"to","start":7724.53,"end":7724.85},{"text":"our","start":7724.85,"end":7724.97},{"text":"needs.","start":7724.97,"end":7725.37}]},{"text":"That is why we urge the full and immediate implementation of the Antigua and Barbuda agenda for SIDS, reinforced by the formal integration of the Multi-dimensional Vulnerability Index into criteria for eligibility and access to finance.","start":7726.09,"end":7743.45,"topics":[{"key":"vulnerability-index","label":"Multidimensional Vulnerability Index","description":"Small island and other vulnerable countries pushed for the Multidimensional Vulnerability Index to be used in financing decisions. They argued it would better capture exposure to shocks, climate risks, and structural constraints than GDP per capita alone."},{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"That","start":7726.09,"end":7726.25},{"text":"is","start":7726.25,"end":7726.41},{"text":"why","start":7726.41,"end":7726.65},{"text":"we","start":7726.65,"end":7726.97},{"text":"urge","start":7726.97,"end":7727.29},{"text":"the","start":7727.29,"end":7727.37},{"text":"full","start":7727.37,"end":7727.93},{"text":"and","start":7728.17,"end":7728.33},{"text":"immediate","start":7728.33,"end":7728.77},{"text":"implementation","start":7728.77,"end":7729.77},{"text":"of","start":7730.09,"end":7730.25},{"text":"the","start":7730.25,"end":7730.37},{"text":"Antigua","start":7730.37,"end":7730.97},{"text":"and","start":7730.97,"end":7731.13},{"text":"Barbuda","start":7731.13,"end":7731.69},{"text":"agenda","start":7731.69,"end":7732.17},{"text":"for","start":7732.17,"end":7732.29},{"text":"SIDS,","start":7732.29,"end":7732.81},{"text":"reinforced","start":7733.21,"end":7734.09},{"text":"by","start":7734.41,"end":7734.57},{"text":"the","start":7734.57,"end":7734.69},{"text":"formal","start":7734.69,"end":7735.21},{"text":"integration","start":7735.21,"end":7736.01},{"text":"of","start":7736.25,"end":7736.45},{"text":"the","start":7736.45,"end":7736.57},{"text":"Multi-dimensional","start":7736.57,"end":7737.61},{"text":"Vulnerability","start":7737.61,"end":7738.49},{"text":"Index","start":7738.49,"end":7739.05},{"text":"into","start":7739.45,"end":7739.77},{"text":"criteria","start":7739.77,"end":7740.57},{"text":"for","start":7740.81,"end":7740.97},{"text":"eligibility","start":7740.97,"end":7741.85},{"text":"and","start":7742.09,"end":7742.25},{"text":"access","start":7742.25,"end":7742.65},{"text":"to","start":7742.65,"end":7742.81},{"text":"finance.","start":7742.81,"end":7743.45}]},{"text":"The MVI offers a more accurate and just reflection of our structural vulnerabilities and should be used to inform access to concessional finance debt sustainability measures, and eligibility for development support.","start":7744.01,"end":7761.41,"topics":[{"key":"vulnerability-index","label":"Multidimensional Vulnerability Index","description":"Small island and other vulnerable countries pushed for the Multidimensional Vulnerability Index to be used in financing decisions. They argued it would better capture exposure to shocks, climate risks, and structural constraints than GDP per capita alone."},{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."},{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"The","start":7744.01,"end":7744.21},{"text":"MVI","start":7744.25,"end":7745.13},{"text":"offers","start":7745.21,"end":7745.73},{"text":"a","start":7745.73,"end":7745.77},{"text":"more","start":7745.77,"end":7746.13},{"text":"accurate","start":7746.13,"end":7746.81},{"text":"and","start":7747.21,"end":7747.41},{"text":"just","start":7747.41,"end":7747.69},{"text":"reflection","start":7747.69,"end":7748.41},{"text":"of","start":7748.77,"end":7748.89},{"text":"our","start":7748.89,"end":7749.05},{"text":"structural","start":7749.05,"end":7749.65},{"text":"vulnerabilities","start":7749.65,"end":7750.65},{"text":"and","start":7750.89,"end":7751.13},{"text":"should","start":7751.13,"end":7751.37},{"text":"be","start":7751.37,"end":7751.53},{"text":"used","start":7751.53,"end":7752.01},{"text":"to","start":7752.33,"end":7752.53},{"text":"inform","start":7752.53,"end":7753.05},{"text":"access","start":7753.05,"end":7753.85},{"text":"to","start":7754.09,"end":7754.25},{"text":"concessional","start":7754.25,"end":7754.93},{"text":"finance","start":7754.93,"end":7755.69},{"text":"debt","start":7756.05,"end":7756.29},{"text":"sustainability","start":7756.29,"end":7757.17},{"text":"measures,","start":7757.17,"end":7757.81},{"text":"and","start":7758.21,"end":7758.53},{"text":"eligibility","start":7758.61,"end":7759.81},{"text":"for","start":7760.05,"end":7760.21},{"text":"development","start":7760.21,"end":7760.81},{"text":"support.","start":7760.81,"end":7761.41}]},{"text":"Equally urgent is the operationalization of the SIDS Center of Excellence and the Island Investment Forum, both critical platform for coordinated delivery and accountability.","start":7762.13,"end":7774.61,"topics":[],"words":[{"text":"Equally","start":7762.13,"end":7762.69},{"text":"urgent","start":7762.69,"end":7763.17},{"text":"is","start":7763.25,"end":7763.49},{"text":"the","start":7763.49,"end":7763.61},{"text":"operationalization","start":7763.61,"end":7764.93},{"text":"of","start":7765.25,"end":7765.33},{"text":"the","start":7765.33,"end":7765.49},{"text":"SIDS","start":7765.49,"end":7765.77},{"text":"Center","start":7765.77,"end":7766.45},{"text":"of","start":7766.57,"end":7766.73},{"text":"Excellence","start":7766.73,"end":7767.41},{"text":"and","start":7767.65,"end":7767.89},{"text":"the","start":7767.89,"end":7767.97},{"text":"Island","start":7767.97,"end":7768.37},{"text":"Investment","start":7768.37,"end":7768.93},{"text":"Forum,","start":7768.93,"end":7769.41},{"text":"both","start":7769.81,"end":7770.05},{"text":"critical","start":7770.05,"end":7770.65},{"text":"platform","start":7770.65,"end":7771.41},{"text":"for","start":7771.65,"end":7771.81},{"text":"coordinated","start":7771.81,"end":7772.57},{"text":"delivery","start":7772.57,"end":7773.17},{"text":"and","start":7773.41,"end":7773.57},{"text":"accountability.","start":7773.57,"end":7774.61}]},{"text":"At the same time, many SIDS are burdened by unsustainable debt, driven not by mismanagement, but by repeated recovery from climate disasters and external shocks.","start":7775.17,"end":7787.97,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."},{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"At","start":7775.17,"end":7775.29},{"text":"the","start":7775.29,"end":7775.41},{"text":"same","start":7775.41,"end":7775.73},{"text":"time,","start":7775.73,"end":7776.21},{"text":"many","start":7776.53,"end":7776.85},{"text":"SIDS","start":7776.85,"end":7777.41},{"text":"are","start":7777.41,"end":7777.49},{"text":"burdened","start":7777.57,"end":7778.09},{"text":"by","start":7778.09,"end":7778.45},{"text":"unsustainable","start":7778.65,"end":7779.57},{"text":"debt,","start":7779.57,"end":7779.97},{"text":"driven","start":7780.29,"end":7780.81},{"text":"not","start":7780.81,"end":7781.01},{"text":"by","start":7781.01,"end":7781.25},{"text":"mismanagement,","start":7781.25,"end":7782.13},{"text":"but","start":7782.53,"end":7782.65},{"text":"by","start":7782.65,"end":7782.85},{"text":"repeated","start":7782.85,"end":7783.49},{"text":"recovery","start":7783.49,"end":7784.13},{"text":"from","start":7784.45,"end":7784.77},{"text":"climate","start":7785.01,"end":7785.45},{"text":"disasters","start":7785.45,"end":7786.37},{"text":"and","start":7786.69,"end":7786.93},{"text":"external","start":7786.93,"end":7787.41},{"text":"shocks.","start":7787.41,"end":7787.97}]},{"text":"We therefore welcome the opportunity for an intergovernmental process on debt and urge that it be used to create a more inclusive, equitable and development-oriented debt architecture that accounts for special circumstances of PSEs and others.","start":7788.53,"end":7806.37,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."},{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"We","start":7788.53,"end":7788.69},{"text":"therefore","start":7788.69,"end":7789.09},{"text":"welcome","start":7789.09,"end":7789.73},{"text":"the","start":7789.89,"end":7790.09},{"text":"opportunity","start":7790.09,"end":7790.93},{"text":"for","start":7791.17,"end":7791.37},{"text":"an","start":7791.37,"end":7791.49},{"text":"intergovernmental","start":7791.49,"end":7792.45},{"text":"process","start":7792.45,"end":7793.01},{"text":"on","start":7793.01,"end":7793.17},{"text":"debt","start":7793.17,"end":7793.57},{"text":"and","start":7794.01,"end":7794.25},{"text":"urge","start":7794.25,"end":7794.53},{"text":"that","start":7794.53,"end":7794.77},{"text":"it","start":7794.77,"end":7794.89},{"text":"be","start":7794.89,"end":7795.17},{"text":"used","start":7795.17,"end":7795.73},{"text":"to","start":7796.05,"end":7796.21},{"text":"create","start":7796.21,"end":7796.69},{"text":"a","start":7796.69,"end":7796.73},{"text":"more","start":7796.73,"end":7796.97},{"text":"inclusive,","start":7796.97,"end":7797.65},{"text":"equitable","start":7797.97,"end":7798.69},{"text":"and","start":7799.01,"end":7799.21},{"text":"development-oriented","start":7799.21,"end":7800.57},{"text":"debt","start":7800.57,"end":7800.93},{"text":"architecture","start":7801.01,"end":7801.81},{"text":"that","start":7802.13,"end":7802.37},{"text":"accounts","start":7802.37,"end":7802.81},{"text":"for","start":7802.81,"end":7802.93},{"text":"special","start":7802.93,"end":7803.41},{"text":"circumstances","start":7803.41,"end":7804.37},{"text":"of","start":7804.69,"end":7804.85},{"text":"PSEs","start":7804.85,"end":7805.49},{"text":"and","start":7805.65,"end":7805.93},{"text":"others.","start":7805.93,"end":7806.37}]},{"text":"Thirdly, concerning correspondent banking relationship, We appreciate the inclusion of language calling for action to mitigate the unintended impact of anti-money laundering and counter-terrorism financing measures.","start":7807.33,"end":7823.25,"topics":[],"words":[{"text":"Thirdly,","start":7807.33,"end":7807.89},{"text":"concerning","start":7808.05,"end":7808.57},{"text":"correspondent","start":7808.57,"end":7809.41},{"text":"banking","start":7809.41,"end":7809.81},{"text":"relationship,","start":7809.81,"end":7810.53},{"text":"We","start":7811.09,"end":7811.25},{"text":"appreciate","start":7811.25,"end":7811.93},{"text":"the","start":7811.93,"end":7812.01},{"text":"inclusion","start":7812.01,"end":7812.69},{"text":"of","start":7813.09,"end":7813.33},{"text":"language","start":7813.41,"end":7813.89},{"text":"calling","start":7813.89,"end":7814.45},{"text":"for","start":7814.45,"end":7814.61},{"text":"action","start":7814.61,"end":7815.17},{"text":"to","start":7815.49,"end":7815.65},{"text":"mitigate","start":7815.65,"end":7816.37},{"text":"the","start":7816.37,"end":7816.65},{"text":"unintended","start":7816.65,"end":7817.33},{"text":"impact","start":7817.33,"end":7817.97},{"text":"of","start":7818.29,"end":7818.53},{"text":"anti-money","start":7818.53,"end":7819.65},{"text":"laundering","start":7819.65,"end":7820.29},{"text":"and","start":7820.61,"end":7820.77},{"text":"counter-terrorism","start":7820.77,"end":7822.05},{"text":"financing","start":7822.05,"end":7822.69},{"text":"measures.","start":7822.69,"end":7823.25}]},{"text":"We urge relevant institutions to act through targeted technical support, robust capacity building and tailored, durable solutions to protect and restore correspondent banking relationships in vulnerable jurisdictions like some of us in the Pacific 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President, fourthly, concerning international tax cooperation and special drawing rights, with only five years remaining to achieve the SDGs and a financing gap of over 4.2 trillion annually, business as usual is no longer acceptable.","start":7843.09,"end":7861.33,"topics":[{"key":"tax-and-domestic-resources","label":"Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was the need to strengthen domestic revenue systems while improving international tax cooperation. This included support for a UN-led tax convention, fairer taxation of wealth and multinational profits, and stronger action against tax evasion and illicit financial flows."}],"words":[{"text":"Mr.","start":7843.09,"end":7843.37},{"text":"President,","start":7843.37,"end":7843.89},{"text":"fourthly,","start":7843.89,"end":7844.61},{"text":"concerning","start":7844.93,"end":7845.57},{"text":"international","start":7845.57,"end":7846.21},{"text":"tax","start":7846.21,"end":7846.69},{"text":"cooperation","start":7846.69,"end":7847.65},{"text":"and","start":7847.97,"end":7848.13},{"text":"special","start":7848.13,"end":7848.61},{"text":"drawing","start":7848.61,"end":7849.01},{"text":"rights,","start":7849.01,"end":7849.49},{"text":"with","start":7849.89,"end":7850.13},{"text":"only","start":7850.13,"end":7850.37},{"text":"five","start":7850.37,"end":7850.77},{"text":"years","start":7850.77,"end":7851.09},{"text":"remaining","start":7851.09,"end":7851.73},{"text":"to","start":7852.21,"end":7852.33},{"text":"achieve","start":7852.33,"end":7852.69},{"text":"the","start":7852.69,"end":7852.81},{"text":"SDGs","start":7852.81,"end":7853.65},{"text":"and","start":7853.89,"end":7854.09},{"text":"a","start":7854.09,"end":7854.13},{"text":"financing","start":7854.13,"end":7854.69},{"text":"gap","start":7854.69,"end":7855.09},{"text":"of","start":7855.09,"end":7855.25},{"text":"over","start":7855.33,"end":7855.65},{"text":"4.2","start":7855.65,"end":7856.69},{"text":"trillion","start":7856.85,"end":7857.41},{"text":"annually,","start":7857.41,"end":7857.89},{"text":"business","start":7858.29,"end":7858.85},{"text":"as","start":7858.85,"end":7859.01},{"text":"usual","start":7859.01,"end":7859.49},{"text":"is","start":7859.73,"end":7859.97},{"text":"no","start":7859.97,"end":7860.13},{"text":"longer","start":7860.13,"end":7860.53},{"text":"acceptable.","start":7860.53,"end":7861.33}]},{"text":"Even a modest 2% annual tax on the world's billionaires could unlock over 250 billion, enough to begin closing critical global gaps in development finance.","start":7861.81,"end":7874.45,"topics":[{"key":"tax-and-domestic-resources","label":"Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was the need to strengthen domestic revenue systems while improving international tax cooperation. 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Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"Our","start":7937.37,"end":7937.53},{"text":"small","start":7937.53,"end":7937.93},{"text":"private","start":7937.93,"end":7938.41},{"text":"sector","start":7938.41,"end":7938.89},{"text":"need","start":7939.33,"end":7939.81},{"text":"tailored","start":7940.13,"end":7940.61},{"text":"instruments","start":7940.61,"end":7941.33},{"text":"and","start":7941.49,"end":7941.77},{"text":"dedicated","start":7941.77,"end":7942.37},{"text":"windows","start":7942.37,"end":7943.09},{"text":"that","start":7943.33,"end":7943.49},{"text":"reflect","start":7943.49,"end":7944.05},{"text":"our","start":7944.13,"end":7944.29},{"text":"context","start":7944.29,"end":7944.97},{"text":"and","start":7944.97,"end":7945.09},{"text":"scale.","start":7945.09,"end":7945.49}]},{"text":"Excellencies, fifthly, concerning the ocean and SDG 14, two weeks ago at the third UN Ocean Conference, we reaffirmed that the ocean is not just a part of our environment, it is our economy, our culture, and our identity.","start":7946.45,"end":7964.85,"topics":[],"words":[{"text":"Excellencies,","start":7946.45,"end":7947.41},{"text":"fifthly,","start":7947.97,"end":7948.45},{"text":"concerning","start":7948.53,"end":7949.09},{"text":"the","start":7949.09,"end":7949.21},{"text":"ocean","start":7949.21,"end":7949.57},{"text":"and","start":7949.57,"end":7949.73},{"text":"SDG","start":7949.73,"end":7950.21},{"text":"14,","start":7950.21,"end":7950.85},{"text":"two","start":7951.49,"end":7951.73},{"text":"weeks","start":7951.73,"end":7951.97},{"text":"ago","start":7951.97,"end":7952.37},{"text":"at","start":7952.53,"end":7952.73},{"text":"the","start":7952.73,"end":7952.89},{"text":"third","start":7952.93,"end":7953.33},{"text":"UN","start":7953.33,"end":7953.81},{"text":"Ocean","start":7953.81,"end":7954.21},{"text":"Conference,","start":7954.21,"end":7954.85},{"text":"we","start":7955.17,"end":7955.49},{"text":"reaffirmed","start":7955.49,"end":7956.21},{"text":"that","start":7956.37,"end":7956.53},{"text":"the","start":7956.53,"end":7956.73},{"text":"ocean","start":7956.73,"end":7957.17},{"text":"is","start":7957.49,"end":7957.65},{"text":"not","start":7957.65,"end":7957.89},{"text":"just","start":7957.89,"end":7958.25},{"text":"a","start":7958.53,"end":7958.57},{"text":"part","start":7958.57,"end":7959.01},{"text":"of","start":7959.01,"end":7959.21},{"text":"our","start":7959.21,"end":7959.33},{"text":"environment,","start":7959.33,"end":7960.13},{"text":"it","start":7960.45,"end":7960.61},{"text":"is","start":7960.61,"end":7960.85},{"text":"our","start":7960.93,"end":7961.25},{"text":"economy,","start":7961.33,"end":7962.05},{"text":"our","start":7962.45,"end":7962.53},{"text":"culture,","start":7962.61,"end":7963.25},{"text":"and","start":7963.49,"end":7963.73},{"text":"our","start":7963.73,"end":7964.05},{"text":"identity.","start":7964.05,"end":7964.85}]},{"text":"At UNOC3, it was acknowledged that SDG 14 on life below water remains the most underfunded of all the SDG.","start":7965.41,"end":7975.17,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"At","start":7965.41,"end":7965.57},{"text":"UNOC3,","start":7965.57,"end":7966.45},{"text":"it","start":7966.77,"end":7966.93},{"text":"was","start":7966.93,"end":7967.09},{"text":"acknowledged","start":7967.09,"end":7967.65},{"text":"that","start":7967.65,"end":7967.97},{"text":"SDG","start":7967.97,"end":7968.77},{"text":"14","start":7968.77,"end":7969.41},{"text":"on","start":7969.81,"end":7969.97},{"text":"life","start":7969.97,"end":7970.37},{"text":"below","start":7970.37,"end":7970.69},{"text":"water","start":7970.69,"end":7971.17},{"text":"remains","start":7971.41,"end":7971.97},{"text":"the","start":7971.97,"end":7972.05},{"text":"most","start":7972.05,"end":7972.45},{"text":"underfunded","start":7972.45,"end":7973.73},{"text":"of","start":7973.97,"end":7974.21},{"text":"all","start":7974.21,"end":7974.45},{"text":"the","start":7974.45,"end":7974.57},{"text":"SDG.","start":7974.57,"end":7975.17}]},{"text":"We call for a substantial increase in sustained, predictable and accessible finance for ocean action, with priority given to a SIDS-led initiative.","start":7975.81,"end":7988.65,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. 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have the honor to invite our next speaker, His Excellency K.P.","start":8120.63,"end":8128.55,"topics":[],"words":[{"text":"And","start":8120.63,"end":8121.03},{"text":"I","start":8122.07,"end":8122.31},{"text":"now","start":8122.31,"end":8122.63},{"text":"have","start":8122.63,"end":8123.03},{"text":"the","start":8123.03,"end":8123.23},{"text":"honor","start":8123.23,"end":8123.63},{"text":"to","start":8123.63,"end":8123.79},{"text":"invite","start":8123.79,"end":8124.47},{"text":"our","start":8125.11,"end":8125.35},{"text":"next","start":8125.35,"end":8125.63},{"text":"speaker,","start":8125.63,"end":8126.23},{"text":"His","start":8126.31,"end":8126.55},{"text":"Excellency","start":8126.55,"end":8127.43},{"text":"K.P.","start":8127.99,"end":8128.55}]},{"text":"Shama Oli.","start":8128.55,"end":8129.83,"topics":[],"words":[{"text":"Shama","start":8128.55,"end":8129.39},{"text":"Oli.","start":8129.39,"end":8129.83}]},{"text":"Prime Minister of Nepal, to speak on behalf of the least 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welcoming us into this historic and beautiful city.","start":8180.99,"end":8195.35,"topics":[],"words":[{"text":"Let","start":8180.99,"end":8181.19},{"text":"me","start":8181.19,"end":8181.35},{"text":"begin","start":8181.35,"end":8182.03},{"text":"by","start":8182.99,"end":8183.23},{"text":"expressing","start":8183.23,"end":8183.95},{"text":"heartfelt","start":8183.95,"end":8184.43},{"text":"gratitude","start":8184.43,"end":8185.23},{"text":"to","start":8185.71,"end":8185.87},{"text":"the","start":8185.87,"end":8185.99},{"text":"government","start":8185.99,"end":8186.47},{"text":"and","start":8186.47,"end":8186.67},{"text":"people","start":8186.67,"end":8187.03},{"text":"of","start":8187.03,"end":8187.23},{"text":"Spain","start":8187.23,"end":8187.71},{"text":"for","start":8188.39,"end":8188.63},{"text":"generous","start":8188.63,"end":8189.07},{"text":"hospitality","start":8189.07,"end":8189.99},{"text":"and","start":8190.47,"end":8190.71},{"text":"for","start":8190.71,"end":8190.87},{"text":"warmly","start":8190.87,"end":8191.35},{"text":"welcoming","start":8191.35,"end":8192.07},{"text":"us","start":8192.07,"end":8192.31},{"text":"into","start":8192.87,"end":8193.23},{"text":"this","start":8193.23,"end":8193.59},{"text":"historic","start":8193.59,"end":8194.23},{"text":"and","start":8194.23,"end":8194.39},{"text":"beautiful","start":8194.39,"end":8194.87},{"text":"city.","start":8194.87,"end":8195.35}]},{"text":"Excellencies, a decade ago in Addis Ababa, the world pledged solidarity with the Elders.","start":8202.39,"end":8212.07,"topics":[],"words":[{"text":"Excellencies,","start":8202.39,"end":8203.35},{"text":"a","start":8204.47,"end":8204.55},{"text":"decade","start":8204.55,"end":8205.03},{"text":"ago","start":8205.03,"end":8205.67},{"text":"in","start":8206.71,"end":8206.91},{"text":"Addis","start":8206.91,"end":8207.23},{"text":"Ababa,","start":8207.23,"end":8207.91},{"text":"the","start":8208.07,"end":8208.23},{"text":"world","start":8208.23,"end":8208.55},{"text":"pledged","start":8208.55,"end":8209.03},{"text":"solidarity","start":8209.03,"end":8209.99},{"text":"with","start":8210.47,"end":8210.75},{"text":"the","start":8210.75,"end":8210.95},{"text":"Elders.","start":8211.27,"end":8212.07}]},{"text":"The commitment was also echoed in the 2030 Agenda.","start":8213.11,"end":8217.99,"topics":[],"words":[{"text":"The","start":8213.11,"end":8213.31},{"text":"commitment","start":8213.31,"end":8213.91},{"text":"was","start":8213.91,"end":8214.11},{"text":"also","start":8214.15,"end":8214.71},{"text":"echoed","start":8214.71,"end":8215.35},{"text":"in","start":8215.59,"end":8215.75},{"text":"the","start":8215.75,"end":8215.91},{"text":"2030","start":8216.47,"end":8217.35},{"text":"Agenda.","start":8217.51,"end":8217.99}]},{"text":"We promised to leave no one behind and committed to uplift the farthest behind first.","start":8219.71,"end":8226.75,"topics":[],"words":[{"text":"We","start":8219.71,"end":8219.95},{"text":"promised","start":8219.95,"end":8220.55},{"text":"to","start":8220.55,"end":8220.75},{"text":"leave","start":8220.75,"end":8221.23},{"text":"no","start":8221.39,"end":8221.63},{"text":"one","start":8221.63,"end":8221.87},{"text":"behind","start":8221.87,"end":8222.51},{"text":"and","start":8222.67,"end":8222.91},{"text":"committed","start":8222.91,"end":8223.35},{"text":"to","start":8223.35,"end":8223.55},{"text":"uplift","start":8223.55,"end":8223.95},{"text":"the","start":8223.95,"end":8224.27},{"text":"farthest","start":8224.75,"end":8225.47},{"text":"behind","start":8225.47,"end":8226.11},{"text":"first.","start":8226.19,"end":8226.75}]},{"text":"Ten years on, the world is making progress.","start":8229.15,"end":8232.75,"topics":[],"words":[{"text":"Ten","start":8229.15,"end":8229.39},{"text":"years","start":8229.39,"end":8229.71},{"text":"on,","start":8229.71,"end":8230.11},{"text":"the","start":8230.67,"end":8230.91},{"text":"world","start":8230.91,"end":8231.19},{"text":"is","start":8231.19,"end":8231.31},{"text":"making","start":8231.31,"end":8231.87},{"text":"progress.","start":8232.07,"end":8232.75}]},{"text":"Global GDP has grown roughly from 75 trillion to 115 trillion.","start":8233.95,"end":8241.19,"topics":[],"words":[{"text":"Global","start":8233.95,"end":8234.35},{"text":"GDP","start":8234.35,"end":8234.75},{"text":"has","start":8234.75,"end":8234.99},{"text":"grown","start":8234.99,"end":8235.47},{"text":"roughly","start":8235.47,"end":8236.11},{"text":"from","start":8236.67,"end":8236.99},{"text":"75","start":8237.07,"end":8237.87},{"text":"trillion","start":8237.87,"end":8238.35},{"text":"to","start":8238.35,"end":8238.67},{"text":"115","start":8239.11,"end":8240.51},{"text":"trillion.","start":8240.67,"end":8241.19}]},{"text":"But inequality is rising.","start":8242.51,"end":8246.91,"topics":[],"words":[{"text":"But","start":8242.51,"end":8242.99},{"text":"inequality","start":8243.95,"end":8244.91},{"text":"is","start":8245.71,"end":8246.11},{"text":"rising.","start":8246.35,"end":8246.91}]},{"text":"between and within nations.","start":8247.51,"end":8250.23,"topics":[],"words":[{"text":"between","start":8247.51,"end":8248.07},{"text":"and","start":8248.31,"end":8248.63},{"text":"within","start":8248.63,"end":8249.19},{"text":"nations.","start":8249.51,"end":8250.23}]},{"text":"At the very moment when solidarity is most needed, official development assistance is shrinking.","start":8254.23,"end":8261.43,"topics":[{"key":"oda-and-grants","label":"Official Development Assistance and Grants","description":"Speakers warned that declining official development assistance is undermining development progress in poorer countries. 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Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"Debt","start":8262.79,"end":8263.27},{"text":"is","start":8263.27,"end":8263.67},{"text":"suffocating","start":8263.91,"end":8264.67},{"text":"the","start":8264.67,"end":8264.79},{"text":"South.","start":8264.79,"end":8265.27}]},{"text":"Specifically, LDCs debt has tripled in the last decade.","start":8266.47,"end":8271.51,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. 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This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"It","start":8382.35,"end":8382.59},{"text":"promises","start":8382.59,"end":8383.47},{"text":"a","start":8384.27,"end":8384.31},{"text":"renewed","start":8384.31,"end":8384.91},{"text":"global","start":8384.91,"end":8385.31},{"text":"financing","start":8385.31,"end":8385.95},{"text":"framework","start":8386.43,"end":8386.99},{"text":"for","start":8387.39,"end":8387.71},{"text":"the","start":8387.71,"end":8387.87},{"text":"realization","start":8388.19,"end":8388.99},{"text":"of","start":8388.99,"end":8389.23},{"text":"2030","start":8389.23,"end":8389.91},{"text":"agenda","start":8389.91,"end":8390.43},{"text":"for","start":8390.59,"end":8390.99},{"text":"sustainable","start":8391.07,"end":8391.79},{"text":"development.","start":8392.03,"end":8392.75}]},{"text":"The developing countries, particularly LDCs, strongly urge for its full implementation in good faith and high spirits.","start":8394.47,"end":8404.79,"topics":[],"words":[{"text":"The","start":8394.47,"end":8394.55},{"text":"developing","start":8394.55,"end":8395.07},{"text":"countries,","start":8395.07,"end":8395.67},{"text":"particularly","start":8395.91,"end":8396.71},{"text":"LDCs,","start":8396.71,"end":8397.43},{"text":"strongly","start":8397.67,"end":8398.23},{"text":"urge","start":8398.23,"end":8398.59},{"text":"for","start":8398.63,"end":8399.03},{"text":"its","start":8399.59,"end":8399.91},{"text":"full","start":8400.07,"end":8400.39},{"text":"implementation","start":8400.39,"end":8401.19},{"text":"in","start":8401.19,"end":8401.43},{"text":"good","start":8402.07,"end":8402.55},{"text":"faith","start":8402.63,"end":8402.95},{"text":"and","start":8402.95,"end":8403.27},{"text":"high","start":8403.51,"end":8403.91},{"text":"spirits.","start":8404.15,"end":8404.79}]},{"text":"In this regard, we call for justice and fairness in the global economic and financial system.","start":8406.39,"end":8413.03,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"We","start":8414.23,"end":8414.39},{"text":"stand","start":8414.39,"end":8414.87},{"text":"for","start":8414.87,"end":8415.11},{"text":"reform","start":8415.11,"end":8415.51},{"text":"of","start":8415.83,"end":8416.07},{"text":"global","start":8416.07,"end":8416.55},{"text":"financial","start":8416.71,"end":8417.51},{"text":"architecture.","start":8417.75,"end":8418.55}]},{"text":"We urge our development partners to deliver 0.7 percent ODA commitment to developing countries and to meet and go beyond 0.2 percent for the LDCs.","start":8420.71,"end":8435.55,"topics":[{"key":"oda-and-grants","label":"Official Development Assistance and Grants","description":"Speakers warned that declining official development assistance is undermining development progress in poorer countries. They called on donor countries to meet long-standing ODA commitments and provide more stable, predictable, grant-based support."}],"words":[{"text":"We","start":8420.71,"end":8420.87},{"text":"urge","start":8420.95,"end":8421.27},{"text":"our","start":8421.27,"end":8421.59},{"text":"development","start":8421.59,"end":8422.07},{"text":"partners","start":8422.07,"end":8422.79},{"text":"to","start":8423.03,"end":8423.19},{"text":"deliver","start":8423.19,"end":8423.75},{"text":"0.7","start":8424.15,"end":8424.87},{"text":"percent","start":8424.87,"end":8425.31},{"text":"ODA","start":8425.31,"end":8425.75},{"text":"commitment","start":8426.87,"end":8427.47},{"text":"to","start":8427.47,"end":8427.83},{"text":"developing","start":8428.07,"end":8428.79},{"text":"countries","start":8428.79,"end":8429.51},{"text":"and","start":8429.75,"end":8429.95},{"text":"to","start":8429.95,"end":8430.07},{"text":"meet","start":8430.07,"end":8430.63},{"text":"and","start":8431.03,"end":8431.31},{"text":"go","start":8431.31,"end":8431.59},{"text":"beyond","start":8431.59,"end":8432.15},{"text":"0.2","start":8432.63,"end":8433.43},{"text":"percent","start":8433.67,"end":8434.23},{"text":"for","start":8434.31,"end":8434.63},{"text":"the","start":8434.67,"end":8434.79},{"text":"LDCs.","start":8434.95,"end":8435.55}]},{"text":"We seek grants and concessional finance on fairer terms.","start":8436.55,"end":8442.23,"topics":[{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"We","start":8436.55,"end":8436.79},{"text":"seek","start":8436.79,"end":8437.03},{"text":"grants","start":8437.03,"end":8437.67},{"text":"and","start":8437.99,"end":8438.39},{"text":"concessional","start":8438.47,"end":8439.19},{"text":"finance","start":8439.19,"end":8439.75},{"text":"on","start":8439.79,"end":8439.99},{"text":"fairer","start":8440.87,"end":8441.51},{"text":"terms.","start":8441.67,"end":8442.23}]},{"text":"We stand for rules-based and equitable global trading system where all countries accrue benefits.","start":8443.75,"end":8455.23,"topics":[],"words":[{"text":"We","start":8443.75,"end":8443.99},{"text":"stand","start":8443.99,"end":8444.39},{"text":"for","start":8444.39,"end":8444.79},{"text":"rules-based","start":8445.11,"end":8445.91},{"text":"and","start":8446.07,"end":8446.43},{"text":"equitable","start":8446.67,"end":8447.35},{"text":"global","start":8447.51,"end":8448.07},{"text":"trading","start":8448.43,"end":8448.91},{"text":"system","start":8448.91,"end":8449.47},{"text":"where","start":8449.59,"end":8449.99},{"text":"all","start":8449.99,"end":8450.35},{"text":"countries","start":8450.35,"end":8450.91},{"text":"accrue","start":8452.83,"end":8454.11},{"text":"benefits.","start":8454.51,"end":8455.23}]},{"text":"We stand for vibrant private sectors connecting global north and global south through value chains, bringing common prosperity to all.","start":8456.27,"end":8466.51,"topics":[],"words":[{"text":"We","start":8456.27,"end":8456.51},{"text":"stand","start":8456.51,"end":8456.95},{"text":"for","start":8456.95,"end":8457.19},{"text":"vibrant","start":8457.19,"end":8457.83},{"text":"private","start":8458.43,"end":8458.91},{"text":"sectors","start":8458.91,"end":8459.55},{"text":"connecting","start":8460.03,"end":8460.51},{"text":"global","start":8460.51,"end":8460.91},{"text":"north","start":8460.91,"end":8461.23},{"text":"and","start":8461.23,"end":8461.47},{"text":"global","start":8461.55,"end":8461.87},{"text":"south","start":8461.87,"end":8462.23},{"text":"through","start":8462.63,"end":8462.83},{"text":"value","start":8462.83,"end":8463.15},{"text":"chains,","start":8463.15,"end":8463.63},{"text":"bringing","start":8463.87,"end":8464.43},{"text":"common","start":8464.67,"end":8465.07},{"text":"prosperity","start":8465.15,"end":8465.95},{"text":"to","start":8466.11,"end":8466.27},{"text":"all.","start":8466.31,"end":8466.51}]},{"text":"We stand for a UN-led tax convention.","start":8468.03,"end":8472.67,"topics":[{"key":"tax-and-domestic-resources","label":"Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was the need to strengthen domestic revenue systems while improving international tax cooperation. This included support for a UN-led tax convention, fairer taxation of wealth and multinational profits, and stronger action against tax evasion and illicit financial flows."}],"words":[{"text":"We","start":8468.03,"end":8468.27},{"text":"stand","start":8468.27,"end":8468.59},{"text":"for","start":8468.59,"end":8469.55},{"text":"a","start":8469.87,"end":8469.95},{"text":"UN-led","start":8470.19,"end":8470.91},{"text":"tax","start":8471.15,"end":8471.55},{"text":"convention.","start":8472.03,"end":8472.67}]},{"text":"We call for adequate climate finance that is concessional, predictable, and accessible.","start":8474.19,"end":8482.63,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. 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LDCs.","start":8484.79,"end":8493.83,"topics":[],"words":[{"text":"The","start":8484.79,"end":8484.99},{"text":"CVIA","start":8485.43,"end":8485.99},{"text":"commitment","start":8485.99,"end":8486.71},{"text":"must","start":8486.79,"end":8487.07},{"text":"serve","start":8487.07,"end":8487.43},{"text":"as","start":8487.43,"end":8487.75},{"text":"a","start":8487.83,"end":8487.91},{"text":"vital","start":8487.91,"end":8488.55},{"text":"catalyst","start":8489.19,"end":8489.91},{"text":"for","start":8490.15,"end":8490.39},{"text":"the","start":8490.39,"end":8490.51},{"text":"development","start":8490.51,"end":8491.11},{"text":"and","start":8491.11,"end":8491.31},{"text":"progress","start":8491.31,"end":8491.83},{"text":"of","start":8491.91,"end":8492.23},{"text":"all","start":8492.31,"end":8492.59},{"text":"the","start":8492.59,"end":8492.79},{"text":"LDCs.","start":8493.03,"end":8493.83}]},{"text":"It must also ensure a smooth, irreversible, and sustainable graduation.","start":8495.19,"end":8500.99,"topics":[],"words":[{"text":"It","start":8495.19,"end":8495.35},{"text":"must","start":8495.39,"end":8495.67},{"text":"also","start":8495.67,"end":8495.99},{"text":"ensure","start":8495.99,"end":8496.51},{"text":"a","start":8496.51,"end":8496.55},{"text":"smooth,","start":8496.55,"end":8496.95},{"text":"irreversible,","start":8497.67,"end":8498.55},{"text":"and","start":8498.87,"end":8499.19},{"text":"sustainable","start":8499.19,"end":8499.91},{"text":"graduation.","start":8500.23,"end":8500.99}]},{"text":"Excellencies, Let me touch briefly upon my national context now.","start":8502.15,"end":8507.39,"topics":[],"words":[{"text":"Excellencies,","start":8502.15,"end":8503.03},{"text":"Let","start":8503.47,"end":8503.67},{"text":"me","start":8503.67,"end":8503.83},{"text":"touch","start":8503.87,"end":8504.27},{"text":"briefly","start":8504.27,"end":8504.91},{"text":"upon","start":8505.23,"end":8505.55},{"text":"my","start":8505.55,"end":8505.79},{"text":"national","start":8505.87,"end":8506.43},{"text":"context","start":8506.43,"end":8506.91},{"text":"now.","start":8506.99,"end":8507.39}]},{"text":"We are graduating from the LDC status in 2026.","start":8508.03,"end":8512.43,"topics":[],"words":[{"text":"We","start":8508.03,"end":8508.27},{"text":"are","start":8508.27,"end":8508.43},{"text":"graduating","start":8508.43,"end":8509.07},{"text":"from","start":8509.07,"end":8509.27},{"text":"the","start":8509.27,"end":8509.35},{"text":"LDC","start":8509.35,"end":8509.91},{"text":"status","start":8509.91,"end":8510.35},{"text":"in","start":8510.35,"end":8510.67},{"text":"2026.","start":8510.99,"end":8512.43}]},{"text":"While our determination remains firm, we need robust support from our development partners to realize our development aspirations.","start":8513.19,"end":8522.99,"topics":[],"words":[{"text":"While","start":8513.19,"end":8513.63},{"text":"our","start":8513.63,"end":8513.95},{"text":"determination","start":8513.95,"end":8514.67},{"text":"remains","start":8514.67,"end":8515.23},{"text":"firm,","start":8515.23,"end":8515.71},{"text":"we","start":8516.27,"end":8516.51},{"text":"need","start":8516.51,"end":8516.99},{"text":"robust","start":8517.23,"end":8517.55},{"text":"support","start":8517.55,"end":8517.95},{"text":"from","start":8518.15,"end":8518.43},{"text":"our","start":8518.43,"end":8518.63},{"text":"development","start":8518.63,"end":8519.15},{"text":"partners","start":8519.15,"end":8519.71},{"text":"to","start":8519.87,"end":8520.03},{"text":"realize","start":8520.03,"end":8520.59},{"text":"our","start":8520.59,"end":8520.99},{"text":"development","start":8521.15,"end":8521.71},{"text":"aspirations.","start":8521.95,"end":8522.99}]},{"text":"Nepal is proud to have served as a co-facilitator of CBI commitment alongside Norway, Zambia and Mexico.","start":8524.11,"end":8534.99,"topics":[],"words":[{"text":"Nepal","start":8524.11,"end":8524.67},{"text":"is","start":8524.67,"end":8524.83},{"text":"proud","start":8524.83,"end":8525.19},{"text":"to","start":8525.19,"end":8525.39},{"text":"have","start":8525.39,"end":8525.71},{"text":"served","start":8526.11,"end":8526.59},{"text":"as","start":8526.83,"end":8527.07},{"text":"a","start":8527.07,"end":8527.15},{"text":"co-facilitator","start":8527.15,"end":8528.91},{"text":"of","start":8528.99,"end":8529.31},{"text":"CBI","start":8530.35,"end":8530.79},{"text":"commitment","start":8530.79,"end":8531.79},{"text":"alongside","start":8531.87,"end":8532.75},{"text":"Norway,","start":8532.83,"end":8533.39},{"text":"Zambia","start":8533.55,"end":8534.11},{"text":"and","start":8534.11,"end":8534.43},{"text":"Mexico.","start":8534.43,"end":8534.99}]},{"text":"We thank all member states for their trust.","start":8535.63,"end":8538.59,"topics":[],"words":[{"text":"We","start":8535.63,"end":8535.83},{"text":"thank","start":8535.87,"end":8536.19},{"text":"all","start":8536.19,"end":8536.43},{"text":"member","start":8536.43,"end":8536.91},{"text":"states","start":8536.91,"end":8537.31},{"text":"for","start":8537.31,"end":8537.55},{"text":"their","start":8537.55,"end":8537.87},{"text":"trust.","start":8538.03,"end":8538.59}]},{"text":"Excellencies, let us implement the CBI agenda with urgency to overcome despair and to reignite hope.","start":8540.03,"end":8550.27,"topics":[],"words":[{"text":"Excellencies,","start":8540.03,"end":8540.91},{"text":"let","start":8541.47,"end":8541.71},{"text":"us","start":8541.71,"end":8541.87},{"text":"implement","start":8541.87,"end":8542.51},{"text":"the","start":8542.51,"end":8542.67},{"text":"CBI","start":8542.67,"end":8543.31},{"text":"agenda","start":8543.47,"end":8544.11},{"text":"with","start":8544.35,"end":8544.59},{"text":"urgency","start":8544.59,"end":8545.15},{"text":"to","start":8545.15,"end":8545.43},{"text":"overcome","start":8545.43,"end":8545.87},{"text":"despair","start":8546.11,"end":8546.75},{"text":"and","start":8546.91,"end":8547.31},{"text":"to","start":8547.71,"end":8548.11},{"text":"reignite","start":8548.83,"end":8549.71},{"text":"hope.","start":8549.99,"end":8550.27}]},{"text":"Hope for a fairer global governance system that respects all voices.","start":8551.59,"end":8558.27,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"Hope","start":8551.59,"end":8551.99},{"text":"for","start":8551.99,"end":8552.43},{"text":"a","start":8552.99,"end":8553.03},{"text":"fairer","start":8553.03,"end":8553.47},{"text":"global","start":8553.47,"end":8553.95},{"text":"governance","start":8553.95,"end":8554.67},{"text":"system","start":8554.99,"end":8555.63},{"text":"that","start":8555.87,"end":8556.27},{"text":"respects","start":8556.27,"end":8556.91},{"text":"all","start":8557.07,"end":8557.39},{"text":"voices.","start":8557.59,"end":8558.27}]},{"text":"Hope for partnerships built on solidarity.","start":8559.43,"end":8563.67,"topics":[],"words":[{"text":"Hope","start":8559.43,"end":8559.79},{"text":"for","start":8559.79,"end":8560.15},{"text":"partnerships","start":8560.23,"end":8561.07},{"text":"built","start":8561.99,"end":8562.35},{"text":"on","start":8562.35,"end":8562.63},{"text":"solidarity.","start":8562.79,"end":8563.67}]},{"text":"Hope for central investment in people and planet.","start":8564.23,"end":8570.87,"topics":[],"words":[{"text":"Hope","start":8564.23,"end":8564.55},{"text":"for","start":8564.55,"end":8564.87},{"text":"central","start":8565.11,"end":8565.91},{"text":"investment","start":8567.75,"end":8568.55},{"text":"in","start":8568.63,"end":8568.95},{"text":"people","start":8569.19,"end":8569.67},{"text":"and","start":8569.75,"end":8570.15},{"text":"planet.","start":8570.31,"end":8570.87}]},{"text":"Hope for a better world where no country is left behind.","start":8571.27,"end":8575.83,"topics":[],"words":[{"text":"Hope","start":8571.27,"end":8571.63},{"text":"for","start":8571.63,"end":8571.83},{"text":"a","start":8571.83,"end":8571.87},{"text":"better","start":8571.87,"end":8572.31},{"text":"world","start":8572.31,"end":8572.71},{"text":"where","start":8572.91,"end":8573.35},{"text":"no","start":8573.35,"end":8573.67},{"text":"country","start":8573.67,"end":8574.15},{"text":"is","start":8574.15,"end":8574.39},{"text":"left","start":8574.71,"end":8575.19},{"text":"behind.","start":8575.27,"end":8575.83}]},{"text":"Thank you.","start":8576.15,"end":8576.67,"topics":[],"words":[{"text":"Thank","start":8576.15,"end":8576.55},{"text":"you.","start":8576.55,"end":8576.67}]}]}],"speaker":{"name":"K.P. Shama Oli","affiliation":"NPL","affiliation_full":"Nepal","group":"LDCs","function":"Prime Minister"}},{"statement_number":37,"start":8580.23,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=8581","paragraphs":[{"sentences":[{"text":"Thank you, Mr. Prime Minister of Nepal.","start":8580.23,"end":8582.71,"topics":[],"words":[{"text":"Thank","start":8580.23,"end":8580.47},{"text":"you,","start":8580.47,"end":8580.63},{"text":"Mr.","start":8581.27,"end":8581.51},{"text":"Prime","start":8581.51,"end":8581.75},{"text":"Minister","start":8581.75,"end":8582.11},{"text":"of","start":8582.11,"end":8582.23},{"text":"Nepal.","start":8582.23,"end":8582.71}]},{"text":"I now have the honor to invite Our next speaker is His Excellency Gaston Alfonso Brown, Prime Minister and Minister of Finance, Corporate Governance and Public-Private Partnerships of Antigua and Barbuda.","start":8584.63,"end":8602.19,"topics":[],"words":[{"text":"I","start":8584.63,"end":8584.79},{"text":"now","start":8584.79,"end":8585.19},{"text":"have","start":8585.27,"end":8585.59},{"text":"the","start":8585.59,"end":8585.71},{"text":"honor","start":8585.75,"end":8586.23},{"text":"to","start":8586.23,"end":8586.43},{"text":"invite","start":8586.43,"end":8587.19},{"text":"Our","start":8588.67,"end":8588.75},{"text":"next","start":8588.75,"end":8588.99},{"text":"speaker","start":8588.99,"end":8589.55},{"text":"is","start":8589.55,"end":8589.63},{"text":"His","start":8589.63,"end":8589.79},{"text":"Excellency","start":8589.79,"end":8590.75},{"text":"Gaston","start":8590.91,"end":8591.55},{"text":"Alfonso","start":8591.55,"end":8592.43},{"text":"Brown,","start":8592.95,"end":8593.39},{"text":"Prime","start":8594.11,"end":8594.39},{"text":"Minister","start":8594.39,"end":8594.99},{"text":"and","start":8594.99,"end":8595.19},{"text":"Minister","start":8595.19,"end":8595.59},{"text":"of","start":8595.59,"end":8595.67},{"text":"Finance,","start":8595.67,"end":8596.43},{"text":"Corporate","start":8596.59,"end":8596.99},{"text":"Governance","start":8596.99,"end":8597.71},{"text":"and","start":8598.27,"end":8598.47},{"text":"Public-Private","start":8598.67,"end":8599.63},{"text":"Partnerships","start":8599.63,"end":8600.43},{"text":"of","start":8600.51,"end":8600.75},{"text":"Antigua","start":8600.75,"end":8601.31},{"text":"and","start":8601.31,"end":8601.71},{"text":"Barbuda.","start":8601.71,"end":8602.19}]},{"text":"He speaks on behalf of the Caribbean community.","start":8603.15,"end":8605.55,"topics":[],"words":[{"text":"He","start":8603.15,"end":8603.23},{"text":"speaks","start":8603.23,"end":8603.55},{"text":"on","start":8603.55,"end":8603.67},{"text":"behalf","start":8603.67,"end":8604.11},{"text":"of","start":8604.11,"end":8604.31},{"text":"the","start":8604.31,"end":8604.39},{"text":"Caribbean","start":8604.39,"end":8604.83},{"text":"community.","start":8604.83,"end":8605.55}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"President of the conference"}},{"statement_number":38,"start":8624.02,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=8625","paragraphs":[{"sentences":[{"text":"Distinguished ladies and gentlemen, I have the honor to deliver this statement on behalf of the Caribbean Community, CARICOM.","start":8624.02,"end":8632.19,"topics":[],"words":[{"text":"Distinguished","start":8624.02,"end":8624.58},{"text":"ladies","start":8624.58,"end":8625.02},{"text":"and","start":8625.02,"end":8625.18},{"text":"gentlemen,","start":8625.18,"end":8625.7},{"text":"I","start":8627.67,"end":8627.68},{"text":"have","start":8627.67,"end":8627.83},{"text":"the","start":8627.83,"end":8627.95},{"text":"honor","start":8627.99,"end":8628.23},{"text":"to","start":8628.23,"end":8628.35},{"text":"deliver","start":8628.35,"end":8628.87},{"text":"this","start":8628.95,"end":8629.15},{"text":"statement","start":8629.15,"end":8629.63},{"text":"on","start":8629.63,"end":8629.75},{"text":"behalf","start":8629.75,"end":8630.03},{"text":"of","start":8630.03,"end":8630.15},{"text":"the","start":8630.15,"end":8630.31},{"text":"Caribbean","start":8630.31,"end":8630.71},{"text":"Community,","start":8630.71,"end":8631.07},{"text":"CARICOM.","start":8631.07,"end":8632.19}]},{"text":"We gather at a moment that is defining for multilateralism and for the credibility of our collective commitment to sustainable development.","start":8633.59,"end":8642.15,"topics":[],"words":[{"text":"We","start":8633.59,"end":8633.75},{"text":"gather","start":8633.75,"end":8634.03},{"text":"at","start":8634.03,"end":8634.11},{"text":"a","start":8634.11,"end":8634.15},{"text":"moment","start":8634.15,"end":8634.71},{"text":"that","start":8635.19,"end":8635.43},{"text":"is","start":8635.43,"end":8635.59},{"text":"defining","start":8635.59,"end":8636.23},{"text":"for","start":8636.23,"end":8636.39},{"text":"multilateralism","start":8636.39,"end":8637.35},{"text":"and","start":8638.07,"end":8638.23},{"text":"for","start":8638.23,"end":8638.35},{"text":"the","start":8638.35,"end":8638.43},{"text":"credibility","start":8638.43,"end":8639.15},{"text":"of","start":8639.15,"end":8639.27},{"text":"our","start":8639.27,"end":8639.35},{"text":"collective","start":8639.35,"end":8639.83},{"text":"commitment","start":8639.83,"end":8640.55},{"text":"to","start":8640.63,"end":8640.75},{"text":"sustainable","start":8640.75,"end":8641.35},{"text":"development.","start":8641.35,"end":8642.15}]},{"text":"For the small island developing states of the Caribbean, the convergence of climate vulnerability, rising debt distress, and financial volatility is eroding hard-won gains and deepening inequalities.","start":8643.27,"end":8656.87,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."},{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."},{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"For","start":8643.27,"end":8643.39},{"text":"the","start":8643.39,"end":8643.47},{"text":"small","start":8643.47,"end":8643.83},{"text":"island","start":8643.83,"end":8644.07},{"text":"developing","start":8644.07,"end":8644.47},{"text":"states","start":8644.47,"end":8644.79},{"text":"of","start":8644.79,"end":8644.87},{"text":"the","start":8644.87,"end":8644.95},{"text":"Caribbean,","start":8644.95,"end":8645.67},{"text":"the","start":8646.39,"end":8646.47},{"text":"convergence","start":8646.47,"end":8647.27},{"text":"of","start":8647.27,"end":8647.35},{"text":"climate","start":8647.35,"end":8647.75},{"text":"vulnerability,","start":8647.75,"end":8648.63},{"text":"rising","start":8649.43,"end":8649.87},{"text":"debt","start":8649.87,"end":8650.07},{"text":"distress,","start":8650.07,"end":8650.75},{"text":"and","start":8650.75,"end":8650.95},{"text":"financial","start":8650.95,"end":8651.59},{"text":"volatility","start":8651.59,"end":8652.47},{"text":"is","start":8652.95,"end":8653.15},{"text":"eroding","start":8653.15,"end":8653.59},{"text":"hard-won","start":8653.59,"end":8654.23},{"text":"gains","start":8654.23,"end":8654.95},{"text":"and","start":8655.03,"end":8655.31},{"text":"deepening","start":8655.31,"end":8655.83},{"text":"inequalities.","start":8655.83,"end":8656.87}]},{"text":"It is clear that incremental measures will no longer suffice.","start":8658.11,"end":8661.63,"topics":[],"words":[{"text":"It","start":8658.11,"end":8658.31},{"text":"is","start":8658.31,"end":8658.43},{"text":"clear","start":8658.43,"end":8658.83},{"text":"that","start":8658.83,"end":8659.03},{"text":"incremental","start":8659.03,"end":8659.55},{"text":"measures","start":8659.55,"end":8660.19},{"text":"will","start":8660.19,"end":8660.39},{"text":"no","start":8660.39,"end":8660.55},{"text":"longer","start":8660.55,"end":8660.91},{"text":"suffice.","start":8660.91,"end":8661.63}]},{"text":"We require a transformational approach to development finance, one that reflects the scale and urgency of the challenges we face.","start":8662.51,"end":8670.43,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"We","start":8662.51,"end":8662.67},{"text":"require","start":8662.67,"end":8663.19},{"text":"a","start":8663.19,"end":8663.23},{"text":"transformational","start":8663.23,"end":8664.03},{"text":"approach","start":8664.03,"end":8664.59},{"text":"to","start":8664.59,"end":8664.71},{"text":"development","start":8664.71,"end":8665.23},{"text":"finance,","start":8665.23,"end":8665.95},{"text":"one","start":8666.43,"end":8666.67},{"text":"that","start":8666.67,"end":8666.91},{"text":"reflects","start":8666.91,"end":8667.39},{"text":"the","start":8667.39,"end":8667.47},{"text":"scale","start":8667.47,"end":8668.03},{"text":"and","start":8668.03,"end":8668.19},{"text":"urgency","start":8668.19,"end":8668.91},{"text":"of","start":8668.91,"end":8668.99},{"text":"the","start":8668.99,"end":8669.11},{"text":"challenges","start":8669.11,"end":8669.71},{"text":"we","start":8669.71,"end":8669.87},{"text":"face.","start":8669.87,"end":8670.43}]},{"text":"CARICOM underscores five priorities.","start":8671.11,"end":8674.75,"topics":[],"words":[{"text":"CARICOM","start":8671.11,"end":8672.19},{"text":"underscores","start":8672.23,"end":8673.07},{"text":"five","start":8673.23,"end":8673.63},{"text":"priorities.","start":8673.63,"end":8674.75}]},{"text":"Firstly, we call on international financial institutions, the World Bank, the IMF, and the regional development banks to redefine eligibility for concessional finance integrating the multidimensional vulnerability as essential criteria.","start":8675.71,"end":8691.83,"topics":[{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."},{"key":"vulnerability-index","label":"Multidimensional Vulnerability Index","description":"Small island and other vulnerable countries pushed for the Multidimensional Vulnerability Index to be used in financing decisions. They argued it would better capture exposure to shocks, climate risks, and structural constraints than GDP per capita alone."},{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"Firstly,","start":8675.71,"end":8676.35},{"text":"we","start":8676.91,"end":8677.07},{"text":"call","start":8677.07,"end":8677.35},{"text":"on","start":8677.35,"end":8677.43},{"text":"international","start":8677.43,"end":8678.11},{"text":"financial","start":8678.11,"end":8678.59},{"text":"institutions,","start":8678.59,"end":8679.47},{"text":"the","start":8679.71,"end":8679.83},{"text":"World","start":8679.83,"end":8680.07},{"text":"Bank,","start":8680.07,"end":8680.35},{"text":"the","start":8680.35,"end":8680.47},{"text":"IMF,","start":8680.47,"end":8680.91},{"text":"and","start":8681.07,"end":8681.19},{"text":"the","start":8681.19,"end":8681.27},{"text":"regional","start":8681.27,"end":8681.59},{"text":"development","start":8681.59,"end":8682.03},{"text":"banks","start":8682.03,"end":8682.59},{"text":"to","start":8683.07,"end":8683.15},{"text":"redefine","start":8683.15,"end":8683.71},{"text":"eligibility","start":8683.71,"end":8684.51},{"text":"for","start":8684.51,"end":8684.67},{"text":"concessional","start":8684.67,"end":8685.31},{"text":"finance","start":8685.31,"end":8686.11},{"text":"integrating","start":8686.87,"end":8687.75},{"text":"the","start":8687.75,"end":8687.87},{"text":"multidimensional","start":8687.87,"end":8688.71},{"text":"vulnerability","start":8688.71,"end":8689.51},{"text":"as","start":8689.99,"end":8690.23},{"text":"essential","start":8690.23,"end":8691.03},{"text":"criteria.","start":8691.19,"end":8691.83}]},{"text":"The multidimensional vulnerability index must not remain an academic exercise.","start":8692.95,"end":8698.55,"topics":[{"key":"vulnerability-index","label":"Multidimensional Vulnerability Index","description":"Small island and other vulnerable countries pushed for the Multidimensional Vulnerability Index to be used in financing decisions. They argued it would better capture exposure to shocks, climate risks, and structural constraints than GDP per capita alone."}],"words":[{"text":"The","start":8692.95,"end":8693.03},{"text":"multidimensional","start":8693.03,"end":8693.99},{"text":"vulnerability","start":8693.99,"end":8694.55},{"text":"index","start":8694.55,"end":8695.27},{"text":"must","start":8695.51,"end":8695.83},{"text":"not","start":8695.83,"end":8696.07},{"text":"remain","start":8696.07,"end":8696.79},{"text":"an","start":8696.87,"end":8697.11},{"text":"academic","start":8697.11,"end":8697.59},{"text":"exercise.","start":8697.59,"end":8698.55}]},{"text":"It must translate into real, timely access to affordable financing for SIDS.","start":8699.19,"end":8704.47,"topics":[{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"It","start":8699.19,"end":8699.43},{"text":"must","start":8699.43,"end":8699.75},{"text":"translate","start":8699.75,"end":8700.31},{"text":"into","start":8700.31,"end":8700.63},{"text":"real,","start":8700.63,"end":8701.19},{"text":"timely","start":8701.19,"end":8701.67},{"text":"access","start":8701.67,"end":8702.31},{"text":"to","start":8702.31,"end":8702.43},{"text":"affordable","start":8702.43,"end":8702.91},{"text":"financing","start":8702.91,"end":8703.67},{"text":"for","start":8703.67,"end":8703.83},{"text":"SIDS.","start":8703.83,"end":8704.47}]},{"text":"Second, we urge developed partners and IFIs to scale up grant-based and highly concessional climate finance including the replenishment of adaptation funding and the operationalization of the loss and damage fund.","start":8705.75,"end":8720.11,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."},{"key":"oda-and-grants","label":"Official Development Assistance and Grants","description":"Speakers warned that declining official development assistance is undermining development progress in poorer countries. They called on donor countries to meet long-standing ODA commitments and provide more stable, predictable, grant-based support."}],"words":[{"text":"Second,","start":8705.75,"end":8706.23},{"text":"we","start":8706.23,"end":8706.47},{"text":"urge","start":8706.47,"end":8706.95},{"text":"developed","start":8707.03,"end":8707.43},{"text":"partners","start":8707.43,"end":8708.07},{"text":"and","start":8708.07,"end":8708.39},{"text":"IFIs","start":8708.39,"end":8709.03},{"text":"to","start":8709.03,"end":8709.19},{"text":"scale","start":8709.19,"end":8709.59},{"text":"up","start":8709.59,"end":8709.75},{"text":"grant-based","start":8709.75,"end":8711.35},{"text":"and","start":8711.35,"end":8711.55},{"text":"highly","start":8711.55,"end":8711.91},{"text":"concessional","start":8711.91,"end":8712.47},{"text":"climate","start":8712.47,"end":8712.87},{"text":"finance","start":8712.87,"end":8713.51},{"text":"including","start":8714.03,"end":8714.63},{"text":"the","start":8714.63,"end":8714.75},{"text":"replenishment","start":8714.75,"end":8715.55},{"text":"of","start":8715.55,"end":8715.67},{"text":"adaptation","start":8715.67,"end":8716.27},{"text":"funding","start":8716.27,"end":8716.91},{"text":"and","start":8717.23,"end":8717.43},{"text":"the","start":8717.43,"end":8717.51},{"text":"operationalization","start":8717.51,"end":8718.59},{"text":"of","start":8718.59,"end":8718.67},{"text":"the","start":8718.67,"end":8718.79},{"text":"loss","start":8718.79,"end":8719.15},{"text":"and","start":8719.19,"end":8719.35},{"text":"damage","start":8719.35,"end":8719.71},{"text":"fund.","start":8719.71,"end":8720.11}]},{"text":"Access must be simplified and tailored to the administrative capabilities of small island economies.","start":8721.39,"end":8727.79,"topics":[{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"Access","start":8721.39,"end":8721.95},{"text":"must","start":8721.95,"end":8722.19},{"text":"be","start":8722.19,"end":8722.27},{"text":"simplified","start":8722.27,"end":8723.07},{"text":"and","start":8723.07,"end":8723.27},{"text":"tailored","start":8723.27,"end":8723.71},{"text":"to","start":8723.71,"end":8723.83},{"text":"the","start":8723.83,"end":8723.91},{"text":"administrative","start":8723.91,"end":8724.67},{"text":"capabilities","start":8724.67,"end":8725.71},{"text":"of","start":8725.71,"end":8725.87},{"text":"small","start":8725.87,"end":8726.43},{"text":"island","start":8726.43,"end":8726.87},{"text":"economies.","start":8726.87,"end":8727.79}]},{"text":"Third, we call for development and mainstreaming of state contingent debt instruments, including natural disaster clauses and climate resilient debt deferrals.","start":8728.75,"end":8740.91,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"Third,","start":8728.75,"end":8729.15},{"text":"we","start":8730.99,"end":8731.15},{"text":"call","start":8731.15,"end":8731.47},{"text":"for","start":8731.47,"end":8731.59},{"text":"development","start":8731.59,"end":8732.27},{"text":"and","start":8732.27,"end":8732.43},{"text":"mainstreaming","start":8732.43,"end":8733.39},{"text":"of","start":8733.79,"end":8733.99},{"text":"state","start":8733.99,"end":8734.39},{"text":"contingent","start":8734.39,"end":8735.03},{"text":"debt","start":8735.03,"end":8735.23},{"text":"instruments,","start":8735.23,"end":8736.11},{"text":"including","start":8736.35,"end":8736.95},{"text":"natural","start":8736.95,"end":8737.43},{"text":"disaster","start":8737.43,"end":8738.03},{"text":"clauses","start":8738.03,"end":8738.75},{"text":"and","start":8738.75,"end":8738.91},{"text":"climate","start":8738.91,"end":8739.31},{"text":"resilient","start":8739.31,"end":8739.75},{"text":"debt","start":8739.75,"end":8740.07},{"text":"deferrals.","start":8740.07,"end":8740.91}]},{"text":"All creditors, bilateral, multilateral, and private, should adopt such tools as standard practice to build fiscal resilience.","start":8741.91,"end":8750.47,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"All","start":8741.91,"end":8742.23},{"text":"creditors,","start":8742.23,"end":8742.95},{"text":"bilateral,","start":8742.95,"end":8743.75},{"text":"multilateral,","start":8743.75,"end":8744.39},{"text":"and","start":8744.39,"end":8744.51},{"text":"private,","start":8744.51,"end":8744.95},{"text":"should","start":8745.43,"end":8745.63},{"text":"adopt","start":8745.63,"end":8746.03},{"text":"such","start":8746.03,"end":8746.31},{"text":"tools","start":8746.31,"end":8746.87},{"text":"as","start":8746.87,"end":8746.95},{"text":"standard","start":8746.95,"end":8747.47},{"text":"practice","start":8747.47,"end":8748.23},{"text":"to","start":8748.55,"end":8748.63},{"text":"build","start":8748.63,"end":8748.99},{"text":"fiscal","start":8749.03,"end":8749.59},{"text":"resilience.","start":8749.59,"end":8750.47}]},{"text":"Fourth, we stress the imperative to mobilize private investment at scale for the green and blue economies.","start":8751.27,"end":8758.39,"topics":[],"words":[{"text":"Fourth,","start":8751.27,"end":8751.67},{"text":"we","start":8752.47,"end":8752.71},{"text":"stress","start":8752.71,"end":8753.03},{"text":"the","start":8753.03,"end":8753.15},{"text":"imperative","start":8753.15,"end":8753.83},{"text":"to","start":8753.83,"end":8753.95},{"text":"mobilize","start":8753.95,"end":8754.55},{"text":"private","start":8754.55,"end":8754.95},{"text":"investment","start":8754.95,"end":8755.55},{"text":"at","start":8755.55,"end":8755.67},{"text":"scale","start":8755.67,"end":8756.31},{"text":"for","start":8756.55,"end":8756.75},{"text":"the","start":8756.75,"end":8756.87},{"text":"green","start":8756.87,"end":8757.19},{"text":"and","start":8757.19,"end":8757.31},{"text":"blue","start":8757.31,"end":8757.47},{"text":"economies.","start":8757.47,"end":8758.39}]},{"text":"We urge IFIs and multilateral development banks to expand guarantees and blended finance mechanisms to de-risk investments in clean energy, resilient infrastructure, and inclusive digital transformation.","start":8759.35,"end":8774.03,"topics":[{"key":"technology-and-digital-gap","label":"Technology Transfer and the Digital Divide","description":"Multiple delegations linked sustainable development to improved access to technology, innovation, and digital infrastructure. They called for technology transfer, capacity-building, and support to close the digital divide that continues to hold back developing countries."}],"words":[{"text":"We","start":8759.35,"end":8759.59},{"text":"urge","start":8759.59,"end":8759.91},{"text":"IFIs","start":8760.07,"end":8760.79},{"text":"and","start":8760.79,"end":8760.91},{"text":"multilateral","start":8760.91,"end":8761.75},{"text":"development","start":8761.83,"end":8762.35},{"text":"banks","start":8762.35,"end":8762.95},{"text":"to","start":8763.59,"end":8763.75},{"text":"expand","start":8763.75,"end":8764.39},{"text":"guarantees","start":8764.39,"end":8765.35},{"text":"and","start":8765.51,"end":8765.75},{"text":"blended","start":8765.75,"end":8766.19},{"text":"finance","start":8766.19,"end":8766.71},{"text":"mechanisms","start":8766.71,"end":8767.51},{"text":"to","start":8767.51,"end":8767.59},{"text":"de-risk","start":8767.59,"end":8767.99},{"text":"investments","start":8767.99,"end":8768.59},{"text":"in","start":8768.59,"end":8768.71},{"text":"clean","start":8768.71,"end":8768.95},{"text":"energy,","start":8768.95,"end":8769.43},{"text":"resilient","start":8770.03,"end":8770.43},{"text":"infrastructure,","start":8770.43,"end":8771.23},{"text":"and","start":8771.55,"end":8771.71},{"text":"inclusive","start":8771.71,"end":8772.43},{"text":"digital","start":8772.43,"end":8772.99},{"text":"transformation.","start":8772.99,"end":8774.03}]},{"text":"To support project preparation facilities to help develop bankable pipelines of sustainable investments.","start":8774.03,"end":8781.55,"topics":[],"words":[{"text":"To","start":8774.03,"end":8774.11},{"text":"support","start":8775.07,"end":8775.47},{"text":"project","start":8775.47,"end":8775.87},{"text":"preparation","start":8775.87,"end":8776.51},{"text":"facilities","start":8776.51,"end":8777.39},{"text":"to","start":8777.75,"end":8777.83},{"text":"help","start":8777.83,"end":8778.11},{"text":"develop","start":8778.43,"end":8778.99},{"text":"bankable","start":8778.99,"end":8779.47},{"text":"pipelines","start":8779.47,"end":8780.11},{"text":"of","start":8780.11,"end":8780.19},{"text":"sustainable","start":8780.19,"end":8780.75},{"text":"investments.","start":8780.75,"end":8781.55}]},{"text":"To align capital adequacy frameworks to unlock additional lending capacity.","start":8782.43,"end":8787.71,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"To","start":8782.43,"end":8782.55},{"text":"align","start":8782.55,"end":8782.91},{"text":"capital","start":8782.91,"end":8783.39},{"text":"adequacy","start":8783.39,"end":8783.95},{"text":"frameworks","start":8783.95,"end":8784.75},{"text":"to","start":8784.99,"end":8785.15},{"text":"unlock","start":8785.15,"end":8785.63},{"text":"additional","start":8785.71,"end":8786.47},{"text":"lending","start":8786.47,"end":8786.91},{"text":"capacity.","start":8786.91,"end":8787.71}]},{"text":"Fifth, and critically, we underscore the need to ensure coherence and alignment across global agendas.","start":8788.75,"end":8795.95,"topics":[],"words":[{"text":"Fifth,","start":8788.75,"end":8789.07},{"text":"and","start":8789.71,"end":8789.87},{"text":"critically,","start":8789.87,"end":8790.59},{"text":"we","start":8791.15,"end":8791.39},{"text":"underscore","start":8791.39,"end":8791.95},{"text":"the","start":8791.95,"end":8792.03},{"text":"need","start":8792.03,"end":8792.43},{"text":"to","start":8792.43,"end":8792.55},{"text":"ensure","start":8792.55,"end":8792.99},{"text":"coherence","start":8792.99,"end":8793.71},{"text":"and","start":8793.71,"end":8793.87},{"text":"alignment","start":8793.87,"end":8794.35},{"text":"across","start":8794.35,"end":8794.79},{"text":"global","start":8794.79,"end":8795.23},{"text":"agendas.","start":8795.23,"end":8795.95}]},{"text":"The commitment embedded in the Pact for the Future, the financing for development process, the net zero transition, and the biodiversity beyond national jurisdiction agreement, just to name a few, must converge into an integrated and mutually reinforcing architecture of support.","start":8796.83,"end":8814.51,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"These","start":8851.03,"end":8851.19},{"text":"agendas","start":8851.19,"end":8851.75},{"text":"are","start":8851.75,"end":8851.83},{"text":"not","start":8851.83,"end":8852.07},{"text":"only","start":8852.07,"end":8852.43},{"text":"essential","start":8852.43,"end":8852.95},{"text":"for","start":8852.95,"end":8853.11},{"text":"sustainable","start":8853.11,"end":8853.67},{"text":"development,","start":8853.67,"end":8854.19},{"text":"they","start":8854.79,"end":8854.95},{"text":"are","start":8854.95,"end":8855.03},{"text":"also","start":8855.03,"end":8855.39},{"text":"fundamental","start":8855.39,"end":8856.23},{"text":"to","start":8856.23,"end":8856.39},{"text":"global","start":8856.39,"end":8856.71},{"text":"peace","start":8856.71,"end":8857.27},{"text":"and","start":8857.27,"end":8857.51},{"text":"security.","start":8857.51,"end":8858.39}]},{"text":"Small island developing states, despite their size and vulnerability, are stewards of vast ocean spaces, facilitators of vital trade corridors, and custodians of biodiversity that benefits all humanity.","start":8859.35,"end":8874.31,"topics":[],"words":[{"text":"Small","start":8859.35,"end":8859.75},{"text":"island","start":8859.75,"end":8860.07},{"text":"developing","start":8860.07,"end":8860.47},{"text":"states,","start":8860.47,"end":8861.11},{"text":"despite","start":8861.11,"end":8861.79},{"text":"their","start":8861.79,"end":8861.95},{"text":"size","start":8861.95,"end":8862.39},{"text":"and","start":8862.39,"end":8862.55},{"text":"vulnerability,","start":8862.55,"end":8863.35},{"text":"are","start":8863.95,"end":8864.03},{"text":"stewards","start":8864.03,"end":8864.63},{"text":"of","start":8864.63,"end":8864.79},{"text":"vast","start":8864.79,"end":8865.19},{"text":"ocean","start":8865.19,"end":8865.51},{"text":"spaces,","start":8865.51,"end":8866.39},{"text":"facilitators","start":8866.95,"end":8867.91},{"text":"of","start":8867.91,"end":8868.11},{"text":"vital","start":8868.11,"end":8868.47},{"text":"trade","start":8868.47,"end":8868.75},{"text":"corridors,","start":8868.75,"end":8869.51},{"text":"and","start":8869.91,"end":8870.15},{"text":"custodians","start":8870.15,"end":8870.99},{"text":"of","start":8870.99,"end":8871.11},{"text":"biodiversity","start":8871.11,"end":8872.31},{"text":"that","start":8872.31,"end":8872.55},{"text":"benefits","start":8872.55,"end":8873.11},{"text":"all","start":8873.19,"end":8873.51},{"text":"humanity.","start":8873.51,"end":8874.31}]},{"text":"Recognizing and supporting these contributions are both moral imperatives and a strategic investment in our shared future.","start":8875.51,"end":8883.83,"topics":[],"words":[{"text":"Recognizing","start":8875.51,"end":8876.19},{"text":"and","start":8876.19,"end":8876.31},{"text":"supporting","start":8876.31,"end":8876.95},{"text":"these","start":8876.95,"end":8877.19},{"text":"contributions","start":8877.19,"end":8878.31},{"text":"are","start":8878.31,"end":8878.39},{"text":"both","start":8878.39,"end":8878.79},{"text":"moral","start":8878.79,"end":8879.27},{"text":"imperatives","start":8879.27,"end":8880.15},{"text":"and","start":8880.55,"end":8880.75},{"text":"a","start":8880.75,"end":8880.79},{"text":"strategic","start":8880.79,"end":8881.43},{"text":"investment","start":8881.43,"end":8882.31},{"text":"in","start":8882.55,"end":8882.71},{"text":"our","start":8882.71,"end":8882.87},{"text":"shared","start":8882.87,"end":8883.27},{"text":"future.","start":8883.27,"end":8883.83}]},{"text":"Fragmentation of financing frameworks, eligibility rules, and reporting requirements impose unsustainable burdens on small island administrations and undermine collective effectiveness.","start":8885.19,"end":8897.27,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."},{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"Fragmentation","start":8885.19,"end":8885.95},{"text":"of","start":8885.95,"end":8886.07},{"text":"financing","start":8886.07,"end":8886.79},{"text":"frameworks,","start":8886.79,"end":8887.59},{"text":"eligibility","start":8888.07,"end":8888.59},{"text":"rules,","start":8888.59,"end":8889.07},{"text":"and","start":8889.07,"end":8889.19},{"text":"reporting","start":8889.19,"end":8889.71},{"text":"requirements","start":8889.71,"end":8890.55},{"text":"impose","start":8890.95,"end":8891.59},{"text":"unsustainable","start":8891.59,"end":8892.39},{"text":"burdens","start":8892.39,"end":8892.87},{"text":"on","start":8892.87,"end":8893.03},{"text":"small","start":8893.03,"end":8893.43},{"text":"island","start":8893.43,"end":8893.83},{"text":"administrations","start":8893.83,"end":8894.79},{"text":"and","start":8895.11,"end":8895.31},{"text":"undermine","start":8895.31,"end":8895.75},{"text":"collective","start":8895.75,"end":8896.31},{"text":"effectiveness.","start":8896.31,"end":8897.27}]},{"text":"We urge all partners to ensure these processes are streamlined, coherent, and accessible, delivering predictable and transformational support.","start":8898.07,"end":8907.91,"topics":[{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"We","start":8898.07,"end":8898.23},{"text":"urge","start":8898.23,"end":8898.47},{"text":"all","start":8898.47,"end":8898.71},{"text":"partners","start":8898.71,"end":8899.27},{"text":"to","start":8899.27,"end":8899.39},{"text":"ensure","start":8899.39,"end":8899.91},{"text":"these","start":8900.47,"end":8900.71},{"text":"processes","start":8900.71,"end":8901.35},{"text":"are","start":8901.43,"end":8901.51},{"text":"streamlined,","start":8901.51,"end":8902.23},{"text":"coherent,","start":8902.63,"end":8903.43},{"text":"and","start":8903.51,"end":8903.71},{"text":"accessible,","start":8903.71,"end":8904.39},{"text":"delivering","start":8904.79,"end":8905.27},{"text":"predictable","start":8905.27,"end":8905.99},{"text":"and","start":8905.99,"end":8906.39},{"text":"transformational","start":8906.39,"end":8907.19},{"text":"support.","start":8907.19,"end":8907.91}]},{"text":"Excellencies, colleagues.","start":8908.71,"end":8910.79,"topics":[],"words":[{"text":"Excellencies,","start":8908.71,"end":8909.83},{"text":"colleagues.","start":8910.15,"end":8910.79}]},{"text":"The Pact for the Future provides a clear blueprint.","start":8911.59,"end":8914.55,"topics":[],"words":[{"text":"The","start":8911.59,"end":8911.71},{"text":"Pact","start":8911.75,"end":8911.99},{"text":"for","start":8911.99,"end":8912.11},{"text":"the","start":8912.11,"end":8912.19},{"text":"Future","start":8912.19,"end":8912.63},{"text":"provides","start":8912.63,"end":8913.15},{"text":"a","start":8913.15,"end":8913.19},{"text":"clear","start":8913.27,"end":8913.83},{"text":"blueprint.","start":8913.83,"end":8914.55}]},{"text":"Solidarity, equity, and urgency must guide our action.","start":8914.95,"end":8919.59,"topics":[],"words":[{"text":"Solidarity,","start":8914.95,"end":8916.07},{"text":"equity,","start":8916.07,"end":8916.79},{"text":"and","start":8917.11,"end":8917.35},{"text":"urgency","start":8917.35,"end":8918.15},{"text":"must","start":8918.15,"end":8918.47},{"text":"guide","start":8918.47,"end":8918.87},{"text":"our","start":8918.87,"end":8919.03},{"text":"action.","start":8919.03,"end":8919.59}]},{"text":"GACOM stands ready to work with all partners, development banks, and private sector, civil society, to implement this vision.","start":8920.19,"end":8928.87,"topics":[],"words":[{"text":"GACOM","start":8920.19,"end":8920.95},{"text":"stands","start":8920.95,"end":8921.35},{"text":"ready","start":8921.35,"end":8921.67},{"text":"to","start":8921.67,"end":8921.83},{"text":"work","start":8921.83,"end":8922.07},{"text":"with","start":8922.07,"end":8922.23},{"text":"all","start":8922.23,"end":8922.47},{"text":"partners,","start":8922.47,"end":8923.19},{"text":"development","start":8923.59,"end":8924.15},{"text":"banks,","start":8924.15,"end":8924.63},{"text":"and","start":8924.63,"end":8924.79},{"text":"private","start":8924.79,"end":8925.11},{"text":"sector,","start":8925.11,"end":8925.59},{"text":"civil","start":8925.83,"end":8926.19},{"text":"society,","start":8926.19,"end":8926.95},{"text":"to","start":8927.51,"end":8927.63},{"text":"implement","start":8927.63,"end":8928.19},{"text":"this","start":8928.19,"end":8928.39},{"text":"vision.","start":8928.39,"end":8928.87}]},{"text":"But we are clear, the time for incremental adjustments has passed.","start":8929.67,"end":8934.07,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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Antigua and Barbuda and for all island nations, this is not a theoretical debate.","start":8983.39,"end":8988.91,"topics":[],"words":[{"text":"For","start":8983.39,"end":8983.51},{"text":"Antigua","start":8983.51,"end":8983.83},{"text":"and","start":8983.83,"end":8983.95},{"text":"Barbuda","start":8983.95,"end":8984.47},{"text":"and","start":8984.47,"end":8984.59},{"text":"for","start":8984.59,"end":8985.03},{"text":"all","start":8985.03,"end":8985.23},{"text":"island","start":8985.23,"end":8985.63},{"text":"nations,","start":8985.63,"end":8986.27},{"text":"this","start":8986.75,"end":8986.99},{"text":"is","start":8986.99,"end":8987.23},{"text":"not","start":8987.23,"end":8987.59},{"text":"a","start":8987.59,"end":8987.63},{"text":"theoretical","start":8987.63,"end":8988.27},{"text":"debate.","start":8988.27,"end":8988.91}]},{"text":"It is our daily reality.","start":8989.47,"end":8991.55,"topics":[],"words":[{"text":"It","start":8989.47,"end":8989.63},{"text":"is","start":8989.63,"end":8989.87},{"text":"our","start":8989.87,"end":8990.03},{"text":"daily","start":8990.03,"end":8990.67},{"text":"reality.","start":8990.67,"end":8991.55}]},{"text":"We have sounded the alarm again and again.","start":8992.67,"end":8994.99,"topics":[],"words":[{"text":"We","start":8992.67,"end":8992.83},{"text":"have","start":8992.83,"end":8992.95},{"text":"sounded","start":8992.95,"end":8993.47},{"text":"the","start":8993.47,"end":8993.55},{"text":"alarm","start":8993.55,"end":8993.95},{"text":"again","start":8993.95,"end":8994.23},{"text":"and","start":8994.23,"end":8994.43},{"text":"again.","start":8994.43,"end":8994.99}]},{"text":"Without fundamental reform of the global financial architecture, SIDS will remain trapped in a vicious cycle of costly borrowings, escalating debt, and rising vulnerability.","start":8995.91,"end":9006.79,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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frameworks."}],"words":[{"text":"Without","start":8995.91,"end":8996.23},{"text":"fundamental","start":8996.23,"end":8996.79},{"text":"reform","start":8996.79,"end":8997.27},{"text":"of","start":8997.27,"end":8997.35},{"text":"the","start":8997.35,"end":8997.43},{"text":"global","start":8997.43,"end":8997.75},{"text":"financial","start":8997.75,"end":8998.31},{"text":"architecture,","start":8998.31,"end":8999.03},{"text":"SIDS","start":8999.67,"end":9000.07},{"text":"will","start":9000.07,"end":9000.19},{"text":"remain","start":9000.19,"end":9000.63},{"text":"trapped","start":9000.63,"end":9001.03},{"text":"in","start":9001.03,"end":9001.15},{"text":"a","start":9001.15,"end":9001.19},{"text":"vicious","start":9001.19,"end":9001.63},{"text":"cycle","start":9001.63,"end":9002.03},{"text":"of","start":9002.03,"end":9002.15},{"text":"costly","start":9002.15,"end":9002.63},{"text":"borrowings,","start":9002.63,"end":9003.27},{"text":"escalating","start":9003.67,"end":9004.47},{"text":"debt,","start":9004.47,"end":9005.03},{"text":"and","start":9005.27,"end":9005.47},{"text":"rising","start":9005.47,"end":9005.99},{"text":"vulnerability.","start":9005.99,"end":9006.79}]},{"text":"Yet today, we are echoing the same appeals.","start":9007.75,"end":9010.95,"topics":[],"words":[{"text":"Yet","start":9007.75,"end":9007.95},{"text":"today,","start":9007.95,"end":9008.47},{"text":"we","start":9008.63,"end":9008.87},{"text":"are","start":9008.87,"end":9008.95},{"text":"echoing","start":9008.95,"end":9009.59},{"text":"the","start":9009.59,"end":9009.75},{"text":"same","start":9009.75,"end":9010.15},{"text":"appeals.","start":9010.15,"end":9010.95}]},{"text":"How many times must we repeat the same thing before we see this crucial alignment?","start":9011.83,"end":9016.63,"topics":[],"words":[{"text":"How","start":9011.83,"end":9011.91},{"text":"many","start":9011.91,"end":9012.15},{"text":"times","start":9012.15,"end":9012.55},{"text":"must","start":9012.55,"end":9012.71},{"text":"we","start":9012.71,"end":9012.79},{"text":"repeat","start":9012.79,"end":9013.19},{"text":"the","start":9013.19,"end":9013.31},{"text":"same","start":9013.31,"end":9013.67},{"text":"thing","start":9013.67,"end":9013.99},{"text":"before","start":9013.99,"end":9014.31},{"text":"we","start":9014.31,"end":9014.47},{"text":"see","start":9014.47,"end":9014.63},{"text":"this","start":9014.63,"end":9015.19},{"text":"crucial","start":9015.59,"end":9015.95},{"text":"alignment?","start":9015.95,"end":9016.63}]},{"text":"Repetition without response is not diplomacy.","start":9017.75,"end":9021.03,"topics":[],"words":[{"text":"Repetition","start":9017.75,"end":9018.31},{"text":"without","start":9018.31,"end":9018.63},{"text":"response","start":9018.63,"end":9019.35},{"text":"is","start":9019.59,"end":9019.83},{"text":"not","start":9019.83,"end":9020.19},{"text":"diplomacy.","start":9020.19,"end":9021.03}]},{"text":"It is a consequence of global inertia, benign neglect, or perhaps, most likely, disrespect.","start":9021.91,"end":9028.87,"topics":[],"words":[{"text":"It","start":9021.91,"end":9022.07},{"text":"is","start":9022.07,"end":9022.23},{"text":"a","start":9022.23,"end":9022.31},{"text":"consequence","start":9022.31,"end":9023.35},{"text":"of","start":9023.83,"end":9023.99},{"text":"global","start":9023.99,"end":9024.39},{"text":"inertia,","start":9024.39,"end":9024.95},{"text":"benign","start":9025.35,"end":9025.79},{"text":"neglect,","start":9025.79,"end":9026.39},{"text":"or","start":9026.63,"end":9026.79},{"text":"perhaps,","start":9026.79,"end":9027.35},{"text":"most","start":9027.35,"end":9027.59},{"text":"likely,","start":9027.59,"end":9028.07},{"text":"disrespect.","start":9028.07,"end":9028.87}]},{"text":"Mr. President, the States have indicated this decade should be a decisive one.","start":9029.91,"end":9036.47,"topics":[],"words":[{"text":"Mr.","start":9029.91,"end":9030.19},{"text":"President,","start":9030.19,"end":9030.71},{"text":"the","start":9031.43,"end":9031.59},{"text":"States","start":9031.59,"end":9031.91},{"text":"have","start":9031.91,"end":9032.07},{"text":"indicated","start":9032.07,"end":9032.71},{"text":"this","start":9033.91,"end":9034.47},{"text":"decade","start":9034.63,"end":9035.11},{"text":"should","start":9035.11,"end":9035.27},{"text":"be","start":9035.27,"end":9035.47},{"text":"a","start":9035.47,"end":9035.51},{"text":"decisive","start":9035.51,"end":9036.15},{"text":"one.","start":9036.15,"end":9036.47}]},{"text":"We had hoped that this conference would mark an inflection point, a moment of bold 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unchanged.","start":9044.47,"end":9053.19,"topics":[],"words":[{"text":"Instead,","start":9044.47,"end":9045.11},{"text":"in","start":9045.67,"end":9045.91},{"text":"our","start":9045.91,"end":9045.99},{"text":"declaration","start":9045.99,"end":9046.79},{"text":"to","start":9046.79,"end":9046.91},{"text":"the","start":9046.91,"end":9046.99},{"text":"world,","start":9046.99,"end":9047.39},{"text":"the","start":9047.99,"end":9048.07},{"text":"language","start":9048.07,"end":9048.55},{"text":"is","start":9048.55,"end":9048.63},{"text":"soft,","start":9048.63,"end":9049.27},{"text":"ambition","start":9049.75,"end":9050.19},{"text":"muted,","start":9050.19,"end":9050.63},{"text":"and","start":9051.03,"end":9051.23},{"text":"the","start":9051.23,"end":9051.31},{"text":"balance","start":9051.31,"end":9051.75},{"text":"of","start":9051.75,"end":9051.83},{"text":"power","start":9051.83,"end":9052.35},{"text":"unchanged.","start":9052.35,"end":9053.19}]},{"text":"The UN80 process recognizes this fatigue.","start":9054.15,"end":9057.03,"topics":[],"words":[{"text":"The","start":9054.15,"end":9054.27},{"text":"UN80","start":9054.27,"end":9054.87},{"text":"process","start":9054.87,"end":9055.43},{"text":"recognizes","start":9055.43,"end":9056.23},{"text":"this","start":9056.23,"end":9056.55},{"text":"fatigue.","start":9056.55,"end":9057.03}]},{"text":"But the answer is not in spreadsheets or austerity programs.","start":9057.91,"end":9061.43,"topics":[],"words":[{"text":"But","start":9057.91,"end":9058.11},{"text":"the","start":9058.11,"end":9058.19},{"text":"answer","start":9058.19,"end":9058.51},{"text":"is","start":9058.51,"end":9058.71},{"text":"not","start":9058.71,"end":9059.03},{"text":"in","start":9059.03,"end":9059.19},{"text":"spreadsheets","start":9059.19,"end":9059.83},{"text":"or","start":9059.83,"end":9060.03},{"text":"austerity","start":9060.03,"end":9060.59},{"text":"programs.","start":9060.59,"end":9061.43}]},{"text":"The answer must be a bold rethink of how development is financed and for whom.","start":9061.91,"end":9067.67,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"The","start":9061.91,"end":9062.03},{"text":"answer","start":9062.07,"end":9062.51},{"text":"must","start":9062.51,"end":9062.79},{"text":"be","start":9062.79,"end":9063.15},{"text":"a","start":9063.15,"end":9063.19},{"text":"bold","start":9063.19,"end":9063.67},{"text":"rethink","start":9063.67,"end":9064.31},{"text":"of","start":9064.31,"end":9064.47},{"text":"how","start":9064.47,"end":9064.87},{"text":"development","start":9065.19,"end":9065.83},{"text":"is","start":9065.83,"end":9065.99},{"text":"financed","start":9065.99,"end":9066.71},{"text":"and","start":9066.71,"end":9067.03},{"text":"for","start":9067.03,"end":9067.23},{"text":"whom.","start":9067.23,"end":9067.67}]},{"text":"SIDS have been recognized as a special case since 1974.","start":9068.79,"end":9073.27,"topics":[],"words":[{"text":"SIDS","start":9068.79,"end":9069.27},{"text":"have","start":9069.27,"end":9069.39},{"text":"been","start":9069.39,"end":9069.51},{"text":"recognized","start":9069.51,"end":9070.27},{"text":"as","start":9070.27,"end":9070.43},{"text":"a","start":9070.43,"end":9070.47},{"text":"special","start":9070.47,"end":9071.11},{"text":"case","start":9071.11,"end":9071.55},{"text":"since","start":9071.55,"end":9071.75},{"text":"1974.","start":9071.75,"end":9073.27}]},{"text":"But recognition without action means nothing.","start":9074.07,"end":9076.39,"topics":[],"words":[{"text":"But","start":9074.07,"end":9074.23},{"text":"recognition","start":9074.23,"end":9074.87},{"text":"without","start":9074.87,"end":9075.19},{"text":"action","start":9075.19,"end":9075.59},{"text":"means","start":9075.59,"end":9075.87},{"text":"nothing.","start":9075.87,"end":9076.39}]},{"text":"Lip service cannot build resilience.","start":9077.27,"end":9079.51,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"Lip","start":9077.27,"end":9077.43},{"text":"service","start":9077.43,"end":9078.07},{"text":"cannot","start":9078.07,"end":9078.47},{"text":"build","start":9078.47,"end":9078.67},{"text":"resilience.","start":9078.67,"end":9079.51}]},{"text":"Platitudes cannot fund preparedness.","start":9080.15,"end":9082.47,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"Platitudes","start":9080.15,"end":9080.79},{"text":"cannot","start":9080.79,"end":9081.11},{"text":"fund","start":9081.11,"end":9081.51},{"text":"preparedness.","start":9081.51,"end":9082.47}]},{"text":"What we need is a firm commitment and urgent realignments.","start":9083.23,"end":9087.75,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"What","start":9083.23,"end":9083.51},{"text":"we","start":9083.51,"end":9083.67},{"text":"need","start":9083.67,"end":9084.23},{"text":"is","start":9084.23,"end":9084.51},{"text":"a","start":9084.51,"end":9084.55},{"text":"firm","start":9084.55,"end":9085.03},{"text":"commitment","start":9085.03,"end":9085.91},{"text":"and","start":9085.91,"end":9086.23},{"text":"urgent","start":9086.23,"end":9086.79},{"text":"realignments.","start":9086.79,"end":9087.75}]},{"text":"At the SIDS4 conference in Antigua and Barbuda last year, we chose a new path to craft our own solutions, leading to the creation of the Debt Sustainability Support Service, or DSSS.","start":9088.79,"end":9102.47,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"At","start":9088.79,"end":9088.95},{"text":"the","start":9088.95,"end":9089.03},{"text":"SIDS4","start":9089.03,"end":9089.51},{"text":"conference","start":9089.51,"end":9090.07},{"text":"in","start":9090.07,"end":9090.19},{"text":"Antigua","start":9090.19,"end":9090.83},{"text":"and","start":9090.83,"end":9090.95},{"text":"Barbuda","start":9090.95,"end":9091.35},{"text":"last","start":9091.35,"end":9091.67},{"text":"year,","start":9091.67,"end":9091.91},{"text":"we","start":9092.95,"end":9093.11},{"text":"chose","start":9093.11,"end":9093.43},{"text":"a","start":9093.43,"end":9093.47},{"text":"new","start":9093.47,"end":9093.67},{"text":"path","start":9093.67,"end":9094.07},{"text":"to","start":9094.07,"end":9094.15},{"text":"craft","start":9094.15,"end":9094.59},{"text":"our","start":9094.59,"end":9094.67},{"text":"own","start":9094.67,"end":9095.03},{"text":"solutions,","start":9095.03,"end":9095.83},{"text":"leading","start":9096.15,"end":9096.55},{"text":"to","start":9096.55,"end":9096.63},{"text":"the","start":9096.63,"end":9096.71},{"text":"creation","start":9096.71,"end":9097.27},{"text":"of","start":9097.27,"end":9097.35},{"text":"the","start":9097.35,"end":9097.47},{"text":"Debt","start":9097.47,"end":9098.31},{"text":"Sustainability","start":9098.39,"end":9099.75},{"text":"Support","start":9099.75,"end":9100.07},{"text":"Service,","start":9100.07,"end":9100.71},{"text":"or","start":9101.11,"end":9101.39},{"text":"DSSS.","start":9101.39,"end":9102.47}]},{"text":"The DSSS is more than a policy instrument.","start":9103.99,"end":9107.27,"topics":[],"words":[{"text":"The","start":9103.99,"end":9104.11},{"text":"DSSS","start":9104.11,"end":9104.87},{"text":"is","start":9104.87,"end":9105.03},{"text":"more","start":9105.03,"end":9105.31},{"text":"than","start":9105.31,"end":9105.59},{"text":"a","start":9105.75,"end":9105.79},{"text":"policy","start":9105.79,"end":9106.39},{"text":"instrument.","start":9106.39,"end":9107.27}]},{"text":"It is a SIDS-led mechanism to create fiscal space, to reduce risk and unlock investment.","start":9108.03,"end":9114.59,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."},{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. 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This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"It","start":9115.87,"end":9115.99},{"text":"complements","start":9115.99,"end":9116.51},{"text":"global","start":9116.51,"end":9116.79},{"text":"reforms","start":9116.79,"end":9117.55},{"text":"and","start":9117.55,"end":9117.79},{"text":"is","start":9117.79,"end":9117.95},{"text":"rooted","start":9117.95,"end":9118.51},{"text":"in","start":9118.67,"end":9118.91},{"text":"our","start":9118.91,"end":9118.99},{"text":"lived","start":9118.99,"end":9119.31},{"text":"reality.","start":9119.31,"end":9119.95}]},{"text":"For too long, SIDS have walked an economic tightrope, battered by climate shocks and trapped by an unjust financial architecture.","start":9120.75,"end":9129.87,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. 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This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"This","start":9155.87,"end":9156.07},{"text":"is","start":9156.07,"end":9156.19},{"text":"not","start":9156.19,"end":9156.59},{"text":"only","start":9156.59,"end":9156.83},{"text":"unjust","start":9156.83,"end":9157.47},{"text":"and","start":9157.63,"end":9157.83},{"text":"backward-looking,","start":9157.83,"end":9158.59},{"text":"it","start":9159.31,"end":9159.47},{"text":"is","start":9159.47,"end":9159.63},{"text":"one","start":9159.63,"end":9159.83},{"text":"of","start":9159.83,"end":9159.95},{"text":"the","start":9159.95,"end":9160.11},{"text":"great","start":9160.11,"end":9160.55},{"text":"economic","start":9160.55,"end":9160.99},{"text":"failures","start":9160.99,"end":9161.51},{"text":"of","start":9161.51,"end":9161.63},{"text":"our","start":9161.63,"end":9161.79},{"text":"time.","start":9161.79,"end":9162.11}]},{"text":"Let me state clearly.","start":9163.39,"end":9164.43,"topics":[],"words":[{"text":"Let","start":9163.39,"end":9163.51},{"text":"me","start":9163.51,"end":9163.71},{"text":"state","start":9163.71,"end":9163.99},{"text":"clearly.","start":9163.99,"end":9164.43}]},{"text":"With these routine macro level threats and shocks, SIDS are too small and vulnerable, lacking resilience to graduate from concessional funding.","start":9165.15,"end":9175.23,"topics":[{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. 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They argued it would better capture exposure to shocks, climate risks, and structural constraints than GDP per capita alone."}],"words":[{"text":"With","start":9165.15,"end":9165.31},{"text":"these","start":9165.31,"end":9165.71},{"text":"routine","start":9165.71,"end":9166.11},{"text":"macro","start":9166.11,"end":9166.83},{"text":"level","start":9166.91,"end":9167.31},{"text":"threats","start":9167.31,"end":9167.67},{"text":"and","start":9167.67,"end":9167.79},{"text":"shocks,","start":9167.79,"end":9168.43},{"text":"SIDS","start":9168.91,"end":9169.39},{"text":"are","start":9169.51,"end":9169.59},{"text":"too","start":9169.59,"end":9169.95},{"text":"small","start":9169.95,"end":9170.75},{"text":"and","start":9170.75,"end":9170.99},{"text":"vulnerable,","start":9170.99,"end":9171.63},{"text":"lacking","start":9172.03,"end":9172.51},{"text":"resilience","start":9172.51,"end":9173.23},{"text":"to","start":9173.23,"end":9173.35},{"text":"graduate","start":9173.35,"end":9173.87},{"text":"from","start":9173.87,"end":9174.03},{"text":"concessional","start":9174.03,"end":9174.67},{"text":"funding.","start":9174.67,"end":9175.23}]},{"text":"The ABAS with the Center of Excellence and the DSSS offers a transformative homegrown path forward.","start":9176.19,"end":9183.39,"topics":[],"words":[{"text":"The","start":9176.19,"end":9176.39},{"text":"ABAS","start":9176.39,"end":9176.83},{"text":"with","start":9176.83,"end":9176.95},{"text":"the","start":9176.95,"end":9177.03},{"text":"Center","start":9177.03,"end":9177.39},{"text":"of","start":9177.39,"end":9177.47},{"text":"Excellence","start":9177.47,"end":9178.19},{"text":"and","start":9178.67,"end":9178.83},{"text":"the","start":9178.83,"end":9178.91},{"text":"DSSS","start":9178.91,"end":9179.95},{"text":"offers","start":9180.19,"end":9180.75},{"text":"a","start":9180.75,"end":9180.79},{"text":"transformative","start":9180.79,"end":9181.87},{"text":"homegrown","start":9181.87,"end":9182.51},{"text":"path","start":9182.51,"end":9182.87},{"text":"forward.","start":9182.87,"end":9183.39}]},{"text":"The DSSS bridges the gap between theory and action.","start":9184.59,"end":9188.43,"topics":[],"words":[{"text":"The","start":9184.59,"end":9184.71},{"text":"DSSS","start":9184.71,"end":9185.79},{"text":"bridges","start":9185.79,"end":9186.27},{"text":"the","start":9186.27,"end":9186.35},{"text":"gap","start":9186.35,"end":9186.67},{"text":"between","start":9186.67,"end":9187.07},{"text":"theory","start":9187.07,"end":9187.63},{"text":"and","start":9187.71,"end":9187.87},{"text":"action.","start":9187.87,"end":9188.43}]},{"text":"It does not replace global institutions.","start":9189.31,"end":9191.55,"topics":[],"words":[{"text":"It","start":9189.31,"end":9189.43},{"text":"does","start":9189.43,"end":9189.71},{"text":"not","start":9189.71,"end":9189.87},{"text":"replace","start":9189.87,"end":9190.35},{"text":"global","start":9190.35,"end":9190.67},{"text":"institutions.","start":9190.67,"end":9191.55}]},{"text":"It strengthens them by ensuring SIDS are not left behind.","start":9191.83,"end":9195.19,"topics":[],"words":[{"text":"It","start":9191.83,"end":9191.95},{"text":"strengthens","start":9191.95,"end":9192.51},{"text":"them","start":9192.51,"end":9192.83},{"text":"by","start":9192.83,"end":9192.91},{"text":"ensuring","start":9192.91,"end":9193.59},{"text":"SIDS","start":9193.59,"end":9194.03},{"text":"are","start":9194.03,"end":9194.11},{"text":"not","start":9194.11,"end":9194.39},{"text":"left","start":9194.39,"end":9194.63},{"text":"behind.","start":9194.63,"end":9195.19}]},{"text":"We now urge this conference to explicitly support the operationalization of the DSSS.","start":9196.15,"end":9202.47,"topics":[],"words":[{"text":"We","start":9196.15,"end":9196.31},{"text":"now","start":9196.31,"end":9196.55},{"text":"urge","start":9196.55,"end":9196.87},{"text":"this","start":9197.03,"end":9197.27},{"text":"conference","start":9197.27,"end":9198.07},{"text":"to","start":9198.55,"end":9198.67},{"text":"explicitly","start":9198.67,"end":9199.27},{"text":"support","start":9199.27,"end":9199.71},{"text":"the","start":9199.71,"end":9199.87},{"text":"operationalization","start":9199.87,"end":9200.95},{"text":"of","start":9200.95,"end":9201.11},{"text":"the","start":9201.11,"end":9201.23},{"text":"DSSS.","start":9201.23,"end":9202.47}]},{"text":"Let us carry it forward through to the G20, to COP, to the Bretton Woods institutions, and beyond.","start":9203.35,"end":9209.15,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"Let","start":9203.35,"end":9203.59},{"text":"us","start":9203.59,"end":9203.75},{"text":"carry","start":9203.75,"end":9204.03},{"text":"it","start":9204.03,"end":9204.15},{"text":"forward","start":9204.15,"end":9204.55},{"text":"through","start":9204.55,"end":9204.79},{"text":"to","start":9205.11,"end":9205.27},{"text":"the","start":9205.27,"end":9205.35},{"text":"G20,","start":9205.35,"end":9206.15},{"text":"to","start":9206.23,"end":9206.35},{"text":"COP,","start":9206.35,"end":9206.71},{"text":"to","start":9206.87,"end":9206.95},{"text":"the","start":9206.95,"end":9207.03},{"text":"Bretton","start":9207.03,"end":9207.35},{"text":"Woods","start":9207.35,"end":9207.55},{"text":"institutions,","start":9207.55,"end":9208.47},{"text":"and","start":9208.47,"end":9208.71},{"text":"beyond.","start":9208.71,"end":9209.15}]},{"text":"Excellencies, despite our negligible emissions, we pay the highest price for climate change.","start":9210.31,"end":9216.87,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"Excellencies,","start":9210.31,"end":9211.35},{"text":"despite","start":9211.83,"end":9212.47},{"text":"our","start":9212.47,"end":9212.71},{"text":"negligible","start":9212.71,"end":9213.19},{"text":"emissions,","start":9213.19,"end":9213.91},{"text":"we","start":9214.71,"end":9214.87},{"text":"pay","start":9214.87,"end":9214.99},{"text":"the","start":9214.99,"end":9215.07},{"text":"highest","start":9215.07,"end":9215.55},{"text":"price","start":9215.55,"end":9215.83},{"text":"for","start":9215.83,"end":9215.95},{"text":"climate","start":9215.95,"end":9216.23},{"text":"change.","start":9216.23,"end":9216.87}]},{"text":"We are punished for our vulnerability And our investment in resilience results in a pervasive lowering of our credit ratings.","start":9217.75,"end":9225.27,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"We","start":9217.75,"end":9217.91},{"text":"are","start":9217.91,"end":9217.99},{"text":"punished","start":9217.99,"end":9218.39},{"text":"for","start":9218.39,"end":9218.55},{"text":"our","start":9218.55,"end":9218.75},{"text":"vulnerability","start":9218.75,"end":9219.59},{"text":"And","start":9219.91,"end":9220.19},{"text":"our","start":9220.19,"end":9220.27},{"text":"investment","start":9220.27,"end":9220.91},{"text":"in","start":9220.91,"end":9221.03},{"text":"resilience","start":9221.03,"end":9221.83},{"text":"results","start":9221.83,"end":9222.39},{"text":"in","start":9222.39,"end":9222.55},{"text":"a","start":9222.55,"end":9222.59},{"text":"pervasive","start":9222.59,"end":9223.27},{"text":"lowering","start":9223.27,"end":9223.75},{"text":"of","start":9223.99,"end":9224.15},{"text":"our","start":9224.15,"end":9224.23},{"text":"credit","start":9224.23,"end":9224.63},{"text":"ratings.","start":9224.63,"end":9225.27}]},{"text":"A DSSS Commission study shows that properly valuing resilience could raise SIDS credit scores by 35% and shift GDP from contraction to growth.","start":9226.39,"end":9237.19,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"We","start":9238.31,"end":9238.47},{"text":"are","start":9238.47,"end":9238.55},{"text":"also","start":9238.55,"end":9238.87},{"text":"losing","start":9238.87,"end":9239.27},{"text":"billions","start":9239.27,"end":9239.91},{"text":"to","start":9239.91,"end":9240.07},{"text":"currency","start":9240.07,"end":9240.55},{"text":"risk.","start":9240.55,"end":9240.95}]},{"text":"Over two decades, SIDS have paid over $10 billion more than the value of their original debt due to exchange rate depreciation.","start":9242.79,"end":9252.59,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. 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This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"It","start":9267.95,"end":9268.15},{"text":"is","start":9268.15,"end":9268.27},{"text":"time","start":9268.27,"end":9268.51},{"text":"to","start":9268.51,"end":9268.59},{"text":"recognize","start":9268.59,"end":9269.23},{"text":"climate","start":9269.23,"end":9269.55},{"text":"vulnerability","start":9269.55,"end":9270.27},{"text":"as","start":9270.27,"end":9270.51},{"text":"a","start":9270.51,"end":9270.55},{"text":"systemic","start":9270.55,"end":9271.15},{"text":"financial","start":9271.15,"end":9271.55},{"text":"risk.","start":9271.55,"end":9272.03}]},{"text":"and to score resilience not as a liability, but as a credit enhancement.","start":9272.67,"end":9278.91,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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we fail to act, we will not only fail vulnerable states, we would have failed humanity.","start":9342.11,"end":9347.95,"topics":[],"words":[{"text":"If","start":9342.11,"end":9342.27},{"text":"we","start":9342.27,"end":9342.35},{"text":"fail","start":9342.35,"end":9342.67},{"text":"to","start":9342.67,"end":9342.79},{"text":"act,","start":9342.79,"end":9343.23},{"text":"we","start":9344.03,"end":9344.11},{"text":"will","start":9344.11,"end":9344.23},{"text":"not","start":9344.23,"end":9344.39},{"text":"only","start":9344.39,"end":9344.59},{"text":"fail","start":9344.59,"end":9345.15},{"text":"vulnerable","start":9345.39,"end":9345.79},{"text":"states,","start":9345.79,"end":9346.23},{"text":"we","start":9346.23,"end":9346.31},{"text":"would","start":9346.51,"end":9346.67},{"text":"have","start":9346.67,"end":9346.79},{"text":"failed","start":9346.79,"end":9347.23},{"text":"humanity.","start":9347.23,"end":9347.95}]},{"text":"I call on every development partner to walk with us, stand 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sympathy, but solidarity, not pity, but partnership, Not charity, but change.","start":9356.03,"end":9362.99,"topics":[],"words":[{"text":"We","start":9356.03,"end":9356.19},{"text":"seek","start":9356.19,"end":9356.47},{"text":"not","start":9356.47,"end":9356.67},{"text":"sympathy,","start":9356.67,"end":9357.23},{"text":"but","start":9357.23,"end":9357.43},{"text":"solidarity,","start":9357.43,"end":9358.27},{"text":"not","start":9358.83,"end":9359.03},{"text":"pity,","start":9359.03,"end":9359.55},{"text":"but","start":9359.55,"end":9359.71},{"text":"partnership,","start":9359.71,"end":9360.27},{"text":"Not","start":9360.87,"end":9361.07},{"text":"charity,","start":9361.07,"end":9361.87},{"text":"but","start":9362.19,"end":9362.35},{"text":"change.","start":9362.35,"end":9362.99}]},{"text":"I thank 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of the *** Confederation and Army General Abdourahman Tchiani, President of the Republic of Niger, Head of State, and on behalf of the peoples of the Sahel, who are deeply committed to the ideals of cooperation for development purposes.","start":9455.23,"end":9470.91,"topics":[],"words":[{"text":"President","start":9455.23,"end":9455.79},{"text":"of","start":9455.79,"end":9456.19},{"text":"the","start":9456.27,"end":9456.39},{"text":"***","start":9456.59,"end":9456.99},{"text":"Confederation","start":9456.99,"end":9457.71},{"text":"and","start":9457.71,"end":9458.19},{"text":"Army","start":9458.19,"end":9458.51},{"text":"General","start":9458.51,"end":9458.99},{"text":"Abdourahman","start":9459.15,"end":9460.51},{"text":"Tchiani,","start":9460.79,"end":9461.23},{"text":"President","start":9462.03,"end":9462.47},{"text":"of","start":9462.47,"end":9462.55},{"text":"the","start":9462.55,"end":9462.63},{"text":"Republic","start":9462.63,"end":9463.07},{"text":"of","start":9463.07,"end":9463.23},{"text":"Niger,","start":9463.23,"end":9463.75},{"text":"Head","start":9463.79,"end":9463.99},{"text":"of","start":9463.99,"end":9464.11},{"text":"State,","start":9464.11,"end":9464.51},{"text":"and","start":9464.51,"end":9464.67},{"text":"on","start":9464.67,"end":9464.75},{"text":"behalf","start":9464.75,"end":9464.95},{"text":"of","start":9464.95,"end":9465.03},{"text":"the","start":9465.03,"end":9465.11},{"text":"peoples","start":9465.15,"end":9465.47},{"text":"of","start":9465.47,"end":9465.63},{"text":"the","start":9465.63,"end":9465.71},{"text":"Sahel,","start":9465.71,"end":9466.27},{"text":"who","start":9466.51,"end":9466.75},{"text":"are","start":9466.79,"end":9466.87},{"text":"deeply","start":9467.55,"end":9467.87},{"text":"committed","start":9467.87,"end":9468.23},{"text":"to","start":9468.23,"end":9468.39},{"text":"the","start":9468.39,"end":9468.47},{"text":"ideals","start":9468.47,"end":9468.75},{"text":"of","start":9468.75,"end":9468.83},{"text":"cooperation","start":9468.83,"end":9469.63},{"text":"for","start":9469.71,"end":9469.95},{"text":"development","start":9469.95,"end":9470.39},{"text":"purposes.","start":9470.39,"end":9470.91}]},{"text":"President, the Sahel states have for a decade been confronting terrorism, which has been thrust upon them by the proven involvement of foreign state sponsors.","start":9471.63,"end":9482.51,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"President,","start":9471.63,"end":9472.11},{"text":"the","start":9473.15,"end":9473.27},{"text":"Sahel","start":9473.27,"end":9473.55},{"text":"states","start":9473.55,"end":9473.95},{"text":"have","start":9473.95,"end":9474.35},{"text":"for","start":9474.59,"end":9474.87},{"text":"a","start":9474.87,"end":9474.91},{"text":"decade","start":9474.91,"end":9475.47},{"text":"been","start":9475.47,"end":9475.67},{"text":"confronting","start":9475.67,"end":9476.27},{"text":"terrorism,","start":9476.27,"end":9476.79},{"text":"which","start":9476.79,"end":9477.07},{"text":"has","start":9477.07,"end":9477.19},{"text":"been","start":9477.19,"end":9477.47},{"text":"thrust","start":9477.95,"end":9478.23},{"text":"upon","start":9478.23,"end":9478.51},{"text":"them","start":9478.51,"end":9478.67},{"text":"by","start":9478.91,"end":9479.39},{"text":"the","start":9479.39,"end":9479.59},{"text":"proven","start":9479.63,"end":9480.27},{"text":"involvement","start":9480.27,"end":9480.99},{"text":"of","start":9480.99,"end":9481.23},{"text":"foreign","start":9481.23,"end":9481.55},{"text":"state","start":9481.55,"end":9481.95},{"text":"sponsors.","start":9481.95,"end":9482.51}]},{"text":"Our commitment to our people is unswerving.","start":9482.51,"end":9484.75,"topics":[],"words":[{"text":"Our","start":9482.51,"end":9482.59},{"text":"commitment","start":9482.59,"end":9483.11},{"text":"to","start":9483.11,"end":9483.31},{"text":"our","start":9483.31,"end":9483.39},{"text":"people","start":9483.39,"end":9483.87},{"text":"is","start":9484.03,"end":9484.19},{"text":"unswerving.","start":9484.19,"end":9484.75}]},{"text":"We want to make the *** a regional power throughout Africa, as well as to improve the living conditions of our people and to put an end to their torture and their suffering.","start":9485.71,"end":9496.83,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. 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the *** Confederation is in favor of international cooperation, especially South-South cooperation across the following areas, technology, innovation, science, agriculture, transformation, industrialization, the energy transition, the list goes on.","start":9572.99,"end":9587.15,"topics":[{"key":"technology-and-digital-gap","label":"Technology Transfer and the Digital Divide","description":"Multiple delegations linked sustainable development to improved access to technology, innovation, and digital infrastructure. 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you very much for listening to me so graciously.","start":9639.07,"end":9640.83,"topics":[],"words":[{"text":"Thank","start":9639.07,"end":9639.27},{"text":"you","start":9639.27,"end":9639.35},{"text":"very","start":9639.35,"end":9639.51},{"text":"much","start":9639.51,"end":9639.67},{"text":"for","start":9639.67,"end":9639.79},{"text":"listening","start":9639.79,"end":9640.07},{"text":"to","start":9640.07,"end":9640.15},{"text":"me","start":9640.15,"end":9640.27},{"text":"so","start":9640.27,"end":9640.35},{"text":"graciously.","start":9640.35,"end":9640.83}]}]}],"speaker":{"name":"Abdoulaye Maiga","affiliation":"MLI","affiliation_full":"Mali","group":"Alliance of Sahel States","function":"Prime Minister"}},{"statement_number":41,"start":9648.91,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=9649","paragraphs":[{"sentences":[{"text":"I would like to thank the Prime Minister Mali, and I have the honor of inviting His Excellency, Mustafa Kamal Madbouly, Prime Minister of the Arab Republic of 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of the conference"}},{"statement_number":42,"start":9693.95,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=9694","paragraphs":[{"sentences":[{"text":"In the name of Allah, most gracious, most merciful.","start":9693.95,"end":9697.47,"topics":[],"words":[{"text":"In","start":9693.95,"end":9694.11},{"text":"the","start":9694.11,"end":9694.23},{"text":"name","start":9695.31,"end":9695.63},{"text":"of","start":9695.63,"end":9695.71},{"text":"Allah,","start":9695.71,"end":9696.03},{"text":"most","start":9696.03,"end":9696.23},{"text":"gracious,","start":9696.23,"end":9696.59},{"text":"most","start":9696.59,"end":9696.83},{"text":"merciful.","start":9696.83,"end":9697.47}]},{"text":"Your Excellency, President Pedro Sanchez, Prime Minister of 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I relay to you the salutations of His Excellency President Abdel Fattah el-Sisi of Egypt to His Majesty the King of Spain and His Excellency Prime Minister of Spain, Mr. Pedro Sanchez, and would like to express our gratitude for the great organization of this event and the amazing hospitality I'd like to thank the Secretary General of the United Nations and his team for all the work that they've expended to organize this 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Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"And","start":9860.91,"end":9861.11},{"text":"in","start":9861.11,"end":9861.31},{"text":"line","start":9861.31,"end":9861.55},{"text":"with","start":9861.55,"end":9861.67},{"text":"the","start":9861.67,"end":9861.75},{"text":"recommendations","start":9861.75,"end":9862.91},{"text":"of","start":9863.75,"end":9863.87},{"text":"the","start":9863.87,"end":9863.99},{"text":"experts","start":9863.99,"end":9864.55},{"text":"of","start":9864.55,"end":9864.67},{"text":"the","start":9864.67,"end":9864.79},{"text":"Secretary","start":9864.83,"end":9865.31},{"text":"General","start":9865.31,"end":9865.87},{"text":"that","start":9866.11,"end":9866.39},{"text":"tell","start":9866.39,"end":9866.59},{"text":"us","start":9866.59,"end":9866.91},{"text":"that","start":9866.99,"end":9867.19},{"text":"it","start":9867.19,"end":9867.31},{"text":"is","start":9867.31,"end":9867.43},{"text":"important","start":9867.43,"end":9868.15},{"text":"to","start":9868.15,"end":9868.35},{"text":"put","start":9868.99,"end":9869.23},{"text":"in","start":9869.23,"end":9869.39},{"text":"place","start":9869.39,"end":9869.87},{"text":"a","start":9869.91,"end":9869.95},{"text":"platform","start":9869.95,"end":9870.43},{"text":"for","start":9870.43,"end":9870.63},{"text":"exchange","start":9870.63,"end":9871.47},{"text":"of","start":9871.83,"end":9872.11},{"text":"knowledge","start":9872.35,"end":9873.07},{"text":"and","start":9873.07,"end":9873.51},{"text":"technical","start":9874.27,"end":9874.75},{"text":"support","start":9874.75,"end":9875.47},{"text":"and","start":9875.55,"end":9875.79},{"text":"a","start":9875.95,"end":9875.99},{"text":"program","start":9875.99,"end":9876.67},{"text":"for","start":9877.23,"end":9877.63},{"text":"debt","start":9878.19,"end":9878.67},{"text":"for","start":9878.75,"end":9878.99},{"text":"development,","start":9878.99,"end":9879.71},{"text":"Egypt,","start":9879.87,"end":9880.51},{"text":"as","start":9880.51,"end":9880.79},{"text":"a","start":9880.79,"end":9880.83},{"text":"middle-income","start":9880.83,"end":9881.47},{"text":"state,","start":9881.47,"end":9881.95},{"text":"has","start":9881.95,"end":9882.11},{"text":"been","start":9882.11,"end":9882.31},{"text":"able","start":9882.31,"end":9882.67},{"text":"to","start":9882.75,"end":9882.87},{"text":"strike","start":9882.87,"end":9883.15},{"text":"a","start":9883.15,"end":9883.23},{"text":"balance","start":9883.23,"end":9883.71},{"text":"between","start":9883.71,"end":9883.99},{"text":"its","start":9883.99,"end":9884.19},{"text":"national","start":9884.19,"end":9884.75},{"text":"priorities","start":9884.75,"end":9885.47},{"text":"and","start":9885.47,"end":9885.95},{"text":"benefiting","start":9886.03,"end":9886.75},{"text":"from","start":9886.75,"end":9887.07},{"text":"the","start":9887.07,"end":9887.19},{"text":"financial","start":9887.39,"end":9887.87},{"text":"instruments","start":9887.87,"end":9888.59},{"text":"that","start":9888.59,"end":9888.83},{"text":"are","start":9888.83,"end":9888.95},{"text":"available.","start":9888.95,"end":9889.55}]},{"text":"at the IFI level.","start":9890.19,"end":9891.91,"topics":[],"words":[{"text":"at","start":9890.19,"end":9890.55},{"text":"the","start":9890.55,"end":9890.71},{"text":"IFI","start":9890.79,"end":9891.51},{"text":"level.","start":9891.51,"end":9891.91}]},{"text":"In 2022, Egypt has launched a national platform for a program called NAFI, which seeks to mobilize development funding to get the private sector on board and to participate in development projects, including mitigation and adaptation programs through innovative financing as well as the elaboration of guarantees.","start":9892.23,"end":9916.87,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"In","start":9892.23,"end":9892.39},{"text":"2022,","start":9892.39,"end":9893.59},{"text":"Egypt","start":9894.63,"end":9895.11},{"text":"has","start":9895.11,"end":9895.27},{"text":"launched","start":9895.27,"end":9895.67},{"text":"a","start":9895.67,"end":9895.71},{"text":"national","start":9895.71,"end":9896.23},{"text":"platform","start":9896.23,"end":9897.03},{"text":"for","start":9897.11,"end":9897.55},{"text":"a","start":9897.55,"end":9897.59},{"text":"program","start":9897.59,"end":9898.07},{"text":"called","start":9898.07,"end":9898.31},{"text":"NAFI,","start":9898.31,"end":9898.99},{"text":"which","start":9898.99,"end":9899.43},{"text":"seeks","start":9899.43,"end":9899.91},{"text":"to","start":9899.91,"end":9900.07},{"text":"mobilize","start":9900.23,"end":9900.79},{"text":"development","start":9900.79,"end":9901.67},{"text":"funding","start":9902.95,"end":9903.51},{"text":"to","start":9904.31,"end":9904.55},{"text":"get","start":9904.55,"end":9904.79},{"text":"the","start":9904.79,"end":9904.87},{"text":"private","start":9904.87,"end":9905.19},{"text":"sector","start":9905.19,"end":9905.51},{"text":"on","start":9905.51,"end":9905.75},{"text":"board","start":9905.75,"end":9906.11},{"text":"and","start":9906.11,"end":9906.23},{"text":"to","start":9906.23,"end":9906.31},{"text":"participate","start":9906.31,"end":9907.19},{"text":"in","start":9907.19,"end":9907.67},{"text":"development","start":9907.83,"end":9908.39},{"text":"projects,","start":9908.39,"end":9908.95},{"text":"including","start":9908.95,"end":9909.51},{"text":"mitigation","start":9909.51,"end":9910.15},{"text":"and","start":9910.15,"end":9910.27},{"text":"adaptation","start":9910.27,"end":9910.79},{"text":"programs","start":9910.79,"end":9911.51},{"text":"through","start":9911.51,"end":9911.83},{"text":"innovative","start":9911.83,"end":9912.79},{"text":"financing","start":9913.55,"end":9914.27},{"text":"as","start":9914.27,"end":9914.51},{"text":"well","start":9914.51,"end":9914.91},{"text":"as","start":9915.27,"end":9915.55},{"text":"the","start":9915.63,"end":9915.71},{"text":"elaboration","start":9915.71,"end":9916.31},{"text":"of","start":9916.31,"end":9916.39},{"text":"guarantees.","start":9916.39,"end":9916.87}]},{"text":"And Egypt has been successful in striking swaps, debt for development swaps to the tune of $900 million with partner countries.","start":9916.87,"end":9928.51,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"And","start":9916.87,"end":9916.99},{"text":"Egypt","start":9916.99,"end":9917.31},{"text":"has","start":9917.31,"end":9917.43},{"text":"been","start":9917.43,"end":9917.55},{"text":"successful","start":9917.55,"end":9918.27},{"text":"in","start":9918.27,"end":9918.83},{"text":"striking","start":9918.83,"end":9919.63},{"text":"swaps,","start":9921.47,"end":9922.27},{"text":"debt","start":9922.75,"end":9923.07},{"text":"for","start":9923.07,"end":9923.55},{"text":"development","start":9923.63,"end":9924.15},{"text":"swaps","start":9924.15,"end":9924.75},{"text":"to","start":9924.75,"end":9924.99},{"text":"the","start":9924.99,"end":9925.07},{"text":"tune","start":9925.07,"end":9926.27},{"text":"of","start":9926.31,"end":9926.39},{"text":"$900","start":9926.39,"end":9926.43},{"text":"million","start":9926.43,"end":9927.15},{"text":"with","start":9927.15,"end":9927.31},{"text":"partner","start":9927.31,"end":9927.71},{"text":"countries.","start":9927.71,"end":9928.51}]},{"text":"Some of that money went through the Nawafi platform, which has accelerated the engagement of the private sector in development.","start":9929.67,"end":9937.43,"topics":[],"words":[{"text":"Some","start":9929.67,"end":9929.91},{"text":"of","start":9929.91,"end":9930.07},{"text":"that","start":9930.07,"end":9930.31},{"text":"money","start":9930.31,"end":9930.63},{"text":"went","start":9930.63,"end":9930.91},{"text":"through","start":9930.91,"end":9931.19},{"text":"the","start":9931.19,"end":9931.35},{"text":"Nawafi","start":9931.43,"end":9932.07},{"text":"platform,","start":9932.07,"end":9932.71},{"text":"which","start":9932.71,"end":9933.11},{"text":"has","start":9933.11,"end":9933.43},{"text":"accelerated","start":9933.43,"end":9934.15},{"text":"the","start":9934.15,"end":9934.31},{"text":"engagement","start":9934.47,"end":9935.19},{"text":"of","start":9935.19,"end":9935.27},{"text":"the","start":9935.27,"end":9935.35},{"text":"private","start":9935.35,"end":9935.67},{"text":"sector","start":9935.67,"end":9936.23},{"text":"in","start":9936.23,"end":9936.63},{"text":"development.","start":9936.71,"end":9937.43}]},{"text":"And Egypt, between 2020 and May 2025, has been able to mobilize nearly $15.6 billion U.S. in favor of funding the private sector, $4 billion of which for the participants in the national platform called NUAFI.","start":9937.43,"end":9959.07,"topics":[],"words":[{"text":"And","start":9937.43,"end":9937.59},{"text":"Egypt,","start":9937.59,"end":9937.99},{"text":"between","start":9937.99,"end":9938.39},{"text":"2020","start":9938.39,"end":9939.47},{"text":"and","start":9939.51,"end":9940.07},{"text":"May","start":9940.15,"end":9940.55},{"text":"2025,","start":9940.55,"end":9941.59},{"text":"has","start":9941.59,"end":9941.75},{"text":"been","start":9941.75,"end":9941.95},{"text":"able","start":9941.95,"end":9942.23},{"text":"to","start":9942.23,"end":9942.31},{"text":"mobilize","start":9942.31,"end":9943.11},{"text":"nearly","start":9944.07,"end":9944.71},{"text":"$15.6","start":9946.15,"end":9946.55},{"text":"billion","start":9946.55,"end":9947.35},{"text":"U.S.","start":9947.35,"end":9947.75},{"text":"in","start":9948.07,"end":9948.55},{"text":"favor","start":9948.55,"end":9949.11},{"text":"of","start":9949.55,"end":9949.83},{"text":"funding","start":9949.99,"end":9950.55},{"text":"the","start":9950.63,"end":9950.87},{"text":"private","start":9950.87,"end":9951.19},{"text":"sector,","start":9951.19,"end":9952.23},{"text":"$4","start":9952.55,"end":9952.59},{"text":"billion","start":9952.63,"end":9953.11},{"text":"of","start":9953.15,"end":9953.27},{"text":"which","start":9953.27,"end":9953.83},{"text":"for","start":9954.39,"end":9954.87},{"text":"the","start":9954.87,"end":9954.99},{"text":"participants","start":9955.03,"end":9955.99},{"text":"in","start":9955.99,"end":9956.23},{"text":"the","start":9956.23,"end":9956.43},{"text":"national","start":9956.47,"end":9956.91},{"text":"platform","start":9956.91,"end":9957.59},{"text":"called","start":9957.67,"end":9958.15},{"text":"NUAFI.","start":9958.35,"end":9959.07}]},{"text":"And as such, Egypt is ready and prepared to exchange expertise and technical support in implementation of the recommendations of the expert team of the SG.","start":9959.99,"end":9971.43,"topics":[{"key":"technology-and-digital-gap","label":"Technology Transfer and the Digital Divide","description":"Multiple delegations linked sustainable development to improved access to technology, innovation, and digital infrastructure. They called for technology transfer, capacity-building, and support to close the digital divide that continues to hold back developing countries."}],"words":[{"text":"And","start":9959.99,"end":9960.39},{"text":"as","start":9960.79,"end":9960.99},{"text":"such,","start":9960.99,"end":9961.35},{"text":"Egypt","start":9961.35,"end":9961.83},{"text":"is","start":9961.83,"end":9962.31},{"text":"ready","start":9962.71,"end":9963.19},{"text":"and","start":9963.19,"end":9963.35},{"text":"prepared","start":9963.35,"end":9963.99},{"text":"to","start":9964.07,"end":9964.55},{"text":"exchange","start":9964.75,"end":9965.43},{"text":"expertise","start":9965.43,"end":9966.39},{"text":"and","start":9966.39,"end":9966.67},{"text":"technical","start":9966.67,"end":9967.07},{"text":"support","start":9967.07,"end":9967.75},{"text":"in","start":9967.91,"end":9968.23},{"text":"implementation","start":9968.23,"end":9968.95},{"text":"of","start":9968.95,"end":9969.03},{"text":"the","start":9969.03,"end":9969.11},{"text":"recommendations","start":9969.11,"end":9969.83},{"text":"of","start":9969.83,"end":9969.91},{"text":"the","start":9969.91,"end":9970.03},{"text":"expert","start":9970.03,"end":9970.43},{"text":"team","start":9970.43,"end":9970.63},{"text":"of","start":9970.63,"end":9970.71},{"text":"the","start":9970.71,"end":9970.83},{"text":"SG.","start":9970.87,"end":9971.43}]},{"text":"In conclusion, I would like to reaffirm the following messages.","start":9971.91,"end":9975.75,"topics":[],"words":[{"text":"In","start":9971.91,"end":9972.07},{"text":"conclusion,","start":9972.07,"end":9972.71},{"text":"I","start":9972.71,"end":9972.87},{"text":"would","start":9972.87,"end":9973.03},{"text":"like","start":9973.03,"end":9973.43},{"text":"to","start":9973.43,"end":9973.67},{"text":"reaffirm","start":9973.67,"end":9974.39},{"text":"the","start":9974.39,"end":9974.55},{"text":"following","start":9974.55,"end":9975.11},{"text":"messages.","start":9975.11,"end":9975.75}]},{"text":"First, the importance of delineating a roadmap that increases access of developing countries to concessional financing and low-cost financing in order to redress the gaps in the global financial architecture as we expect the reform of that architecture while we encourage the donor countries to fulfill their obligations.","start":9976.59,"end":10003.87,"topics":[{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."},{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."},{"key":"oda-and-grants","label":"Official Development Assistance and Grants","description":"Speakers warned that declining official development assistance is undermining development progress in poorer countries. 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you very much, and peace be upon you all.","start":10037.47,"end":10039.47,"topics":[],"words":[{"text":"Thank","start":10037.47,"end":10037.71},{"text":"you","start":10037.71,"end":10037.79},{"text":"very","start":10037.79,"end":10038.03},{"text":"much,","start":10038.03,"end":10038.31},{"text":"and","start":10038.31,"end":10038.43},{"text":"peace","start":10038.43,"end":10038.67},{"text":"be","start":10038.67,"end":10038.83},{"text":"upon","start":10038.83,"end":10039.15},{"text":"you","start":10039.15,"end":10039.23},{"text":"all.","start":10039.23,"end":10039.47}]}]}],"speaker":{"name":"Mustafa Kamal Madbouly","affiliation":"EGY","affiliation_full":"Egypt","group":null,"function":"Prime Minister"}},{"statement_number":43,"start":10045.35,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=10046","paragraphs":[{"sentences":[{"text":"I would like to thank the Prime Minister of the Arab Republic of 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stand?","start":10089.47,"end":10091.75,"topics":[],"words":[{"text":"The","start":10089.47,"end":10089.55},{"text":"first","start":10089.55,"end":10089.83},{"text":"message","start":10089.83,"end":10090.23},{"text":"is,","start":10090.23,"end":10090.63},{"text":"where","start":10090.71,"end":10090.95},{"text":"do","start":10090.95,"end":10091.07},{"text":"we","start":10091.07,"end":10091.19},{"text":"stand?","start":10091.19,"end":10091.75}]},{"text":"The second message, what do we stand for?","start":10092.39,"end":10094.79,"topics":[],"words":[{"text":"The","start":10092.39,"end":10092.47},{"text":"second","start":10092.47,"end":10092.79},{"text":"message,","start":10092.79,"end":10093.51},{"text":"what","start":10093.67,"end":10093.91},{"text":"do","start":10093.91,"end":10093.99},{"text":"we","start":10093.99,"end":10094.15},{"text":"stand","start":10094.15,"end":10094.43},{"text":"for?","start":10094.43,"end":10094.79}]},{"text":"Third, what have we done and what do we intend to do?","start":10095.59,"end":10098.59,"topics":[],"words":[{"text":"Third,","start":10095.59,"end":10096.07},{"text":"what","start":10096.67,"end":10096.91},{"text":"have","start":10096.91,"end":10097.03},{"text":"we","start":10097.03,"end":10097.19},{"text":"done","start":10097.19,"end":10097.59},{"text":"and","start":10097.59,"end":10097.71},{"text":"what","start":10097.71,"end":10097.91},{"text":"do","start":10097.91,"end":10097.99},{"text":"we","start":10097.99,"end":10098.07},{"text":"intend","start":10098.07,"end":10098.43},{"text":"to","start":10098.43,"end":10098.51},{"text":"do?","start":10098.51,"end":10098.59}]},{"text":"First of all, where do we stand?","start":10099.99,"end":10101.83,"topics":[],"words":[{"text":"First","start":10099.99,"end":10100.31},{"text":"of","start":10100.31,"end":10100.47},{"text":"all,","start":10100.47,"end":10100.79},{"text":"where","start":10100.91,"end":10101.23},{"text":"do","start":10101.23,"end":10101.31},{"text":"we","start":10101.31,"end":10101.43},{"text":"stand?","start":10101.43,"end":10101.83}]},{"text":"Seville is not just another international conference.","start":10102.55,"end":10105.11,"topics":[],"words":[{"text":"Seville","start":10102.55,"end":10103.15},{"text":"is","start":10103.15,"end":10103.27},{"text":"not","start":10103.27,"end":10103.55},{"text":"just","start":10103.55,"end":10103.71},{"text":"another","start":10103.71,"end":10103.99},{"text":"international","start":10103.99,"end":10104.47},{"text":"conference.","start":10104.47,"end":10105.11}]},{"text":"The choice is simple.","start":10106.07,"end":10106.95,"topics":[],"words":[{"text":"The","start":10106.07,"end":10106.23},{"text":"choice","start":10106.23,"end":10106.43},{"text":"is","start":10106.43,"end":10106.51},{"text":"simple.","start":10106.51,"end":10106.95}]},{"text":"Either we renew the ambition of the 2030 Agenda, or we accept a step 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lacking is action and results.","start":10113.99,"end":10116.51,"topics":[],"words":[{"text":"What","start":10113.99,"end":10114.23},{"text":"is","start":10114.23,"end":10114.35},{"text":"lacking","start":10114.35,"end":10114.71},{"text":"is","start":10114.71,"end":10114.83},{"text":"action","start":10114.83,"end":10115.39},{"text":"and","start":10115.63,"end":10115.79},{"text":"results.","start":10115.79,"end":10116.51}]},{"text":"We had the honor of co-chairing, alongside Burundi, the preparatory process for this conference, showing that when multilateralism works, everyone 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Compromisso de Seville presents clear proposals.","start":10127.71,"end":10131.55,"topics":[],"words":[{"text":"The","start":10127.71,"end":10127.79},{"text":"Compromisso","start":10127.79,"end":10128.59},{"text":"de","start":10128.59,"end":10128.71},{"text":"Seville","start":10128.71,"end":10129.15},{"text":"presents","start":10129.63,"end":10130.11},{"text":"clear","start":10130.11,"end":10130.59},{"text":"proposals.","start":10130.59,"end":10131.55}]},{"text":"Portugal supports them and will work with all partners to implement them.","start":10132.03,"end":10136.11,"topics":[],"words":[{"text":"Portugal","start":10132.03,"end":10132.59},{"text":"supports","start":10132.59,"end":10133.07},{"text":"them","start":10133.07,"end":10133.47},{"text":"and","start":10133.71,"end":10133.91},{"text":"will","start":10133.91,"end":10134.11},{"text":"work","start":10134.11,"end":10134.43},{"text":"with","start":10134.43,"end":10134.59},{"text":"all","start":10134.59,"end":10134.75},{"text":"partners","start":10134.75,"end":10135.31},{"text":"to","start":10135.31,"end":10135.43},{"text":"implement","start":10135.43,"end":10135.83},{"text":"them.","start":10135.83,"end":10136.11}]},{"text":"My second message, what do we stand for?","start":10138.27,"end":10140.51,"topics":[],"words":[{"text":"My","start":10138.27,"end":10138.43},{"text":"second","start":10138.43,"end":10138.75},{"text":"message,","start":10138.75,"end":10139.31},{"text":"what","start":10139.47,"end":10139.75},{"text":"do","start":10139.75,"end":10139.83},{"text":"we","start":10139.83,"end":10139.91},{"text":"stand","start":10139.91,"end":10140.19},{"text":"for?","start":10140.19,"end":10140.51}]},{"text":"eradicating poverty, protecting the planet, and ensuring peace and prosperity for all.","start":10141.83,"end":10146.31,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"eradicating","start":10141.83,"end":10142.31},{"text":"poverty,","start":10142.31,"end":10142.87},{"text":"protecting","start":10143.39,"end":10143.83},{"text":"the","start":10143.83,"end":10143.91},{"text":"planet,","start":10143.91,"end":10144.39},{"text":"and","start":10144.43,"end":10144.55},{"text":"ensuring","start":10144.63,"end":10145.19},{"text":"peace","start":10145.19,"end":10145.39},{"text":"and","start":10145.39,"end":10145.51},{"text":"prosperity","start":10145.51,"end":10145.99},{"text":"for","start":10145.99,"end":10146.19},{"text":"all.","start":10146.19,"end":10146.31}]},{"text":"To live up to this ambition, we need an international financial architecture that ensures resources reach where they are most needed.","start":10147.43,"end":10155.59,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"To","start":10147.43,"end":10147.55},{"text":"live","start":10147.55,"end":10147.75},{"text":"up","start":10147.75,"end":10147.83},{"text":"to","start":10147.83,"end":10147.95},{"text":"this","start":10147.95,"end":10148.15},{"text":"ambition,","start":10148.15,"end":10148.71},{"text":"we","start":10149.11,"end":10149.27},{"text":"need","start":10149.27,"end":10149.47},{"text":"an","start":10149.47,"end":10149.55},{"text":"international","start":10149.55,"end":10150.31},{"text":"financial","start":10150.31,"end":10150.87},{"text":"architecture","start":10150.95,"end":10151.59},{"text":"that","start":10151.59,"end":10151.87},{"text":"ensures","start":10151.87,"end":10152.35},{"text":"resources","start":10152.35,"end":10153.19},{"text":"reach","start":10153.19,"end":10153.63},{"text":"where","start":10153.63,"end":10153.91},{"text":"they","start":10153.91,"end":10154.07},{"text":"are","start":10154.07,"end":10154.31},{"text":"most","start":10154.63,"end":10155.11},{"text":"needed.","start":10155.11,"end":10155.59}]},{"text":"In a world of conflicting priorities, we must listen, align priorities, and work in partnership.","start":10157.83,"end":10165.35,"topics":[],"words":[{"text":"In","start":10157.83,"end":10157.95},{"text":"a","start":10157.95,"end":10157.99},{"text":"world","start":10157.99,"end":10158.39},{"text":"of","start":10158.39,"end":10158.47},{"text":"conflicting","start":10158.47,"end":10159.03},{"text":"priorities,","start":10159.03,"end":10159.91},{"text":"we","start":10159.91,"end":10160.07},{"text":"must","start":10160.07,"end":10160.63},{"text":"listen,","start":10161.83,"end":10162.55},{"text":"align","start":10162.87,"end":10163.19},{"text":"priorities,","start":10163.19,"end":10164.15},{"text":"and","start":10164.23,"end":10164.47},{"text":"work","start":10164.47,"end":10164.71},{"text":"in","start":10164.71,"end":10164.79},{"text":"partnership.","start":10164.79,"end":10165.35}]},{"text":"Mobilize my resources.","start":10167.35,"end":10168.71,"topics":[{"key":"tax-and-domestic-resources","label":"Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was the need to strengthen domestic revenue systems while improving international tax cooperation. This included support for a UN-led tax convention, fairer taxation of wealth and multinational profits, and stronger action against tax evasion and illicit financial flows."}],"words":[{"text":"Mobilize","start":10167.35,"end":10167.83},{"text":"my","start":10167.83,"end":10167.99},{"text":"resources.","start":10167.99,"end":10168.71}]},{"text":"with greater focus and impact.","start":10169.63,"end":10171.39,"topics":[],"words":[{"text":"with","start":10169.63,"end":10169.79},{"text":"greater","start":10169.79,"end":10170.11},{"text":"focus","start":10170.11,"end":10170.75},{"text":"and","start":10170.75,"end":10170.95},{"text":"impact.","start":10170.95,"end":10171.39}]},{"text":"We have raised this concern in various fora, whether at the UN, the EU, or the G20, advocating for a more prominent role for developing countries.","start":10172.75,"end":10181.95,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"We","start":10172.75,"end":10172.87},{"text":"have","start":10172.87,"end":10173.07},{"text":"raised","start":10173.07,"end":10173.43},{"text":"this","start":10173.43,"end":10173.71},{"text":"concern","start":10173.83,"end":10174.59},{"text":"in","start":10174.59,"end":10174.75},{"text":"various","start":10174.75,"end":10175.07},{"text":"fora,","start":10175.07,"end":10175.43},{"text":"whether","start":10175.63,"end":10175.99},{"text":"at","start":10175.99,"end":10176.07},{"text":"the","start":10176.07,"end":10176.15},{"text":"UN,","start":10176.15,"end":10176.83},{"text":"the","start":10176.83,"end":10176.95},{"text":"EU,","start":10176.95,"end":10177.39},{"text":"or","start":10177.39,"end":10177.55},{"text":"the","start":10177.55,"end":10177.63},{"text":"G20,","start":10177.63,"end":10178.07},{"text":"advocating","start":10178.67,"end":10179.23},{"text":"for","start":10179.23,"end":10179.47},{"text":"a","start":10179.47,"end":10179.51},{"text":"more","start":10179.51,"end":10179.79},{"text":"prominent","start":10179.79,"end":10180.23},{"text":"role","start":10180.23,"end":10180.59},{"text":"for","start":10180.59,"end":10180.75},{"text":"developing","start":10180.75,"end":10181.23},{"text":"countries.","start":10181.23,"end":10181.95}]},{"text":"We need a reformed, fairer system with rules adapted to the most vulnerable.","start":10182.75,"end":10187.95,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."},{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."}],"words":[{"text":"We","start":10182.75,"end":10182.99},{"text":"need","start":10182.99,"end":10183.23},{"text":"a","start":10183.23,"end":10183.27},{"text":"reformed,","start":10183.27,"end":10184.11},{"text":"fairer","start":10184.35,"end":10184.91},{"text":"system","start":10184.91,"end":10185.39},{"text":"with","start":10185.47,"end":10185.67},{"text":"rules","start":10185.75,"end":10186.35},{"text":"adapted","start":10186.43,"end":10186.99},{"text":"to","start":10186.99,"end":10187.19},{"text":"the","start":10187.19,"end":10187.31},{"text":"most","start":10187.31,"end":10187.51},{"text":"vulnerable.","start":10187.51,"end":10187.95}]},{"text":"In this spirit, Portugal co-facilitated with Antigua and Barbuda the creation of the Multidimensional Vulnerability Index, going beyond traditional metrics such as GDP per capita.","start":10188.51,"end":10198.79,"topics":[{"key":"vulnerability-index","label":"Multidimensional Vulnerability Index","description":"Small island and other vulnerable countries pushed for the Multidimensional Vulnerability Index to be used in financing decisions. They argued it would better capture exposure to shocks, climate risks, and structural constraints than GDP per capita alone."}],"words":[{"text":"In","start":10188.51,"end":10188.63},{"text":"this","start":10188.63,"end":10188.87},{"text":"spirit,","start":10188.87,"end":10189.31},{"text":"Portugal","start":10189.47,"end":10189.83},{"text":"co-facilitated","start":10189.83,"end":10190.91},{"text":"with","start":10190.99,"end":10191.23},{"text":"Antigua","start":10191.23,"end":10191.63},{"text":"and","start":10191.63,"end":10191.75},{"text":"Barbuda","start":10191.75,"end":10192.19},{"text":"the","start":10192.67,"end":10192.79},{"text":"creation","start":10192.79,"end":10193.35},{"text":"of","start":10193.35,"end":10193.43},{"text":"the","start":10193.43,"end":10193.55},{"text":"Multidimensional","start":10193.55,"end":10194.31},{"text":"Vulnerability","start":10194.31,"end":10194.83},{"text":"Index,","start":10194.83,"end":10195.39},{"text":"going","start":10195.47,"end":10195.71},{"text":"beyond","start":10195.71,"end":10196.07},{"text":"traditional","start":10196.07,"end":10196.59},{"text":"metrics","start":10196.59,"end":10197.15},{"text":"such","start":10197.47,"end":10197.83},{"text":"as","start":10197.83,"end":10197.91},{"text":"GDP","start":10197.91,"end":10198.27},{"text":"per","start":10198.27,"end":10198.43},{"text":"capita.","start":10198.43,"end":10198.79}]},{"text":"Third message, what have we done and what do we intend to do?","start":10202.03,"end":10206.35,"topics":[],"words":[{"text":"Third","start":10202.03,"end":10202.35},{"text":"message,","start":10202.35,"end":10203.15},{"text":"what","start":10203.55,"end":10203.79},{"text":"have","start":10203.79,"end":10204.03},{"text":"we","start":10204.03,"end":10204.15},{"text":"done","start":10204.15,"end":10204.59},{"text":"and","start":10205.07,"end":10205.27},{"text":"what","start":10205.27,"end":10205.51},{"text":"do","start":10205.51,"end":10205.59},{"text":"we","start":10205.59,"end":10205.67},{"text":"intend","start":10205.67,"end":10205.99},{"text":"to","start":10205.99,"end":10206.15},{"text":"do?","start":10206.15,"end":10206.35}]},{"text":"Portugal has been playing its part.","start":10207.55,"end":10209.15,"topics":[],"words":[{"text":"Portugal","start":10207.55,"end":10208.03},{"text":"has","start":10208.03,"end":10208.27},{"text":"been","start":10208.27,"end":10208.43},{"text":"playing","start":10208.43,"end":10208.71},{"text":"its","start":10208.71,"end":10208.83},{"text":"part.","start":10208.83,"end":10209.15}]},{"text":"Our cooperation policy is a state policy focused on the priorities of our partner countries.","start":10209.63,"end":10216.59,"topics":[],"words":[{"text":"Our","start":10209.63,"end":10209.79},{"text":"cooperation","start":10209.79,"end":10210.35},{"text":"policy","start":10210.35,"end":10211.07},{"text":"is","start":10211.15,"end":10211.35},{"text":"a","start":10211.35,"end":10211.39},{"text":"state","start":10211.39,"end":10211.79},{"text":"policy","start":10211.79,"end":10212.35},{"text":"focused","start":10213.23,"end":10213.87},{"text":"on","start":10214.03,"end":10214.19},{"text":"the","start":10214.19,"end":10214.31},{"text":"priorities","start":10214.31,"end":10215.23},{"text":"of","start":10215.31,"end":10215.47},{"text":"our","start":10215.47,"end":10215.59},{"text":"partner","start":10215.59,"end":10215.91},{"text":"countries.","start":10215.91,"end":10216.59}]},{"text":"Our commitment is clear.","start":10217.31,"end":10218.67,"topics":[],"words":[{"text":"Our","start":10217.31,"end":10217.47},{"text":"commitment","start":10217.47,"end":10218.07},{"text":"is","start":10218.07,"end":10218.27},{"text":"clear.","start":10218.27,"end":10218.67}]},{"text":"Geographically, with Africa, least developed countries, and small island developing states.","start":10220.43,"end":10226.03,"topics":[],"words":[{"text":"Geographically,","start":10220.43,"end":10221.31},{"text":"with","start":10221.47,"end":10221.67},{"text":"Africa,","start":10221.67,"end":10222.27},{"text":"least","start":10222.91,"end":10223.15},{"text":"developed","start":10223.15,"end":10223.47},{"text":"countries,","start":10223.47,"end":10224.19},{"text":"and","start":10224.27,"end":10224.47},{"text":"small","start":10224.47,"end":10224.75},{"text":"island","start":10224.75,"end":10225.03},{"text":"developing","start":10225.03,"end":10225.47},{"text":"states.","start":10225.47,"end":10226.03}]},{"text":"systematically investing in a structural and transformative way in capacities such as education and health, while also promoting the green and digital transitions.","start":10227.55,"end":10238.87,"topics":[{"key":"technology-and-digital-gap","label":"Technology Transfer and the Digital Divide","description":"Multiple delegations linked sustainable development to improved access to technology, innovation, and digital infrastructure. 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They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"With","start":10270.51,"end":10270.67},{"text":"Cabo","start":10270.67,"end":10270.91},{"text":"Verde,","start":10270.91,"end":10271.27},{"text":"we","start":10271.39,"end":10271.55},{"text":"signed","start":10271.55,"end":10271.99},{"text":"a","start":10271.99,"end":10272.03},{"text":"debt-for-climate","start":10272.03,"end":10272.67},{"text":"swap","start":10272.67,"end":10272.99},{"text":"agreement","start":10272.99,"end":10273.71},{"text":"already","start":10274.11,"end":10274.47},{"text":"being","start":10274.47,"end":10274.71},{"text":"implemented.","start":10274.71,"end":10275.31}]},{"text":"A similar agreement is being finalized with Sao Tome and Principe.","start":10276.59,"end":10279.87,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. 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friends, In a context marked by geopolitical tensions, structural changes in the global economy, and worsening inequalities, we reaffirm our belief that the answer lies in 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is with this conviction and this distinctive approach, based on partnerships, that Portugal is a candidate for a seat on the Security Council for the 2027-2028 term.","start":10317.71,"end":10330.19,"topics":[],"words":[{"text":"It","start":10317.71,"end":10317.83},{"text":"is","start":10317.83,"end":10318.03},{"text":"with","start":10318.03,"end":10318.23},{"text":"this","start":10318.23,"end":10318.43},{"text":"conviction","start":10318.43,"end":10319.15},{"text":"and","start":10319.71,"end":10319.91},{"text":"this","start":10319.91,"end":10320.07},{"text":"distinctive","start":10320.07,"end":10320.83},{"text":"approach,","start":10320.99,"end":10321.47},{"text":"based","start":10322.19,"end":10322.67},{"text":"on","start":10322.71,"end":10322.83},{"text":"partnerships,","start":10322.83,"end":10323.87},{"text":"that","start":10324.27,"end":10324.47},{"text":"Portugal","start":10324.47,"end":10325.07},{"text":"is","start":10325.07,"end":10325.31},{"text":"a","start":10325.31,"end":10325.35},{"text":"candidate","start":10325.35,"end":10325.87},{"text":"for","start":10325.87,"end":10326.15},{"text":"a","start":10326.15,"end":10326.19},{"text":"seat","start":10326.19,"end":10326.67},{"text":"on","start":10326.67,"end":10326.75},{"text":"the","start":10326.75,"end":10326.87},{"text":"Security","start":10326.87,"end":10327.31},{"text":"Council","start":10327.31,"end":10327.87},{"text":"for","start":10327.87,"end":10328.11},{"text":"the","start":10328.11,"end":10328.19},{"text":"2027-2028","start":10328.19,"end":10329.91},{"text":"term.","start":10329.91,"end":10330.19}]},{"text":"Let us fulfill the Sustainable Development Goals, let us turn Seville into a true turning point with everyone and for everyone.","start":10331.71,"end":10341.15,"topics":[],"words":[{"text":"Let","start":10331.71,"end":10331.95},{"text":"us","start":10331.95,"end":10332.19},{"text":"fulfill","start":10332.19,"end":10332.91},{"text":"the","start":10333.43,"end":10333.47},{"text":"Sustainable","start":10333.47,"end":10333.99},{"text":"Development","start":10333.99,"end":10334.47},{"text":"Goals,","start":10334.47,"end":10335.07},{"text":"let","start":10335.55,"end":10335.79},{"text":"us","start":10335.79,"end":10336.03},{"text":"turn","start":10336.03,"end":10336.43},{"text":"Seville","start":10336.43,"end":10336.91},{"text":"into","start":10337.15,"end":10337.47},{"text":"a","start":10337.47,"end":10337.51},{"text":"true","start":10337.51,"end":10337.99},{"text":"turning","start":10338.67,"end":10339.23},{"text":"point","start":10339.23,"end":10339.63},{"text":"with","start":10339.79,"end":10339.95},{"text":"everyone","start":10339.95,"end":10340.43},{"text":"and","start":10340.43,"end":10340.59},{"text":"for","start":10340.59,"end":10340.71},{"text":"everyone.","start":10340.71,"end":10341.15}]},{"text":"Thank you very much.","start":10341.31,"end":10342.03,"topics":[],"words":[{"text":"Thank","start":10341.31,"end":10341.55},{"text":"you","start":10341.55,"end":10341.63},{"text":"very","start":10341.63,"end":10341.79},{"text":"much.","start":10341.79,"end":10342.03}]}]}],"speaker":{"name":"Luis Montenegro","affiliation":"PRT","affiliation_full":"Portugal","group":null,"function":"Prime Minister"}},{"statement_number":45,"start":10349.47,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=10350","paragraphs":[{"sentences":[{"text":"I thank the Prime Minister of the Portuguese Republic, and I have the honor of inviting His Excellency, Assiz Acanouch, Head of Government of the Kingdom of Morocco, to address the 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of the conference"}},{"statement_number":46,"start":10384.43,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=10385","paragraphs":[{"sentences":[{"text":"In the name of God, most merciful, most benevolent.","start":10384.43,"end":10390.03,"topics":[],"words":[{"text":"In","start":10384.43,"end":10384.71},{"text":"the","start":10385.79,"end":10385.87},{"text":"name","start":10386.51,"end":10386.99},{"text":"of","start":10386.99,"end":10387.07},{"text":"God,","start":10387.23,"end":10387.79},{"text":"most","start":10388.51,"end":10388.75},{"text":"merciful,","start":10388.75,"end":10389.23},{"text":"most","start":10389.23,"end":10389.47},{"text":"benevolent.","start":10389.47,"end":10390.03}]},{"text":"Excellencies, heads of state and government, UN Secretary-General, ladies and gentlemen.","start":10392.03,"end":10396.59,"topics":[],"words":[{"text":"Excellencies,","start":10392.03,"end":10392.75},{"text":"heads","start":10392.75,"end":10393.23},{"text":"of","start":10393.23,"end":10393.47},{"text":"state","start":10393.47,"end":10393.67},{"text":"and","start":10393.67,"end":10393.79},{"text":"government,","start":10393.79,"end":10394.35},{"text":"UN","start":10394.35,"end":10394.63},{"text":"Secretary-General,","start":10394.63,"end":10395.67},{"text":"ladies","start":10395.67,"end":10395.95},{"text":"and","start":10395.95,"end":10396.07},{"text":"gentlemen.","start":10396.07,"end":10396.59}]},{"text":"At the outset of my statement, speaking on behalf I would like to thank His Excellency, Mr. Pedro Sanchez.","start":10398.43,"end":10406.71,"topics":[],"words":[{"text":"At","start":10398.43,"end":10398.67},{"text":"the","start":10398.67,"end":10398.79},{"text":"outset","start":10398.83,"end":10399.39},{"text":"of","start":10399.39,"end":10399.63},{"text":"my","start":10399.63,"end":10399.79},{"text":"statement,","start":10399.79,"end":10400.43},{"text":"speaking","start":10401.63,"end":10401.99},{"text":"on","start":10401.99,"end":10402.11},{"text":"behalf","start":10402.11,"end":10402.51},{"text":"I","start":10403.63,"end":10403.64},{"text":"would","start":10403.63,"end":10403.75},{"text":"like","start":10403.75,"end":10403.91},{"text":"to","start":10403.91,"end":10404.11},{"text":"thank","start":10404.11,"end":10404.51},{"text":"His","start":10404.51,"end":10404.75},{"text":"Excellency,","start":10404.75,"end":10405.35},{"text":"Mr.","start":10405.35,"end":10405.59},{"text":"Pedro","start":10405.59,"end":10405.99},{"text":"Sanchez.","start":10405.99,"end":10406.71}]},{"text":"I would like to commend Spain, our friend, which is hosting this very important meeting on financing for development.","start":10407.67,"end":10416.39,"topics":[],"words":[{"text":"I","start":10407.67,"end":10407.71},{"text":"would","start":10407.71,"end":10407.83},{"text":"like","start":10407.83,"end":10407.99},{"text":"to","start":10407.99,"end":10408.07},{"text":"commend","start":10408.07,"end":10408.71},{"text":"Spain,","start":10411.03,"end":10411.59},{"text":"our","start":10411.71,"end":10411.79},{"text":"friend,","start":10411.79,"end":10412.23},{"text":"which","start":10412.39,"end":10412.63},{"text":"is","start":10412.63,"end":10412.79},{"text":"hosting","start":10412.79,"end":10413.43},{"text":"this","start":10413.67,"end":10413.91},{"text":"very","start":10413.91,"end":10414.11},{"text":"important","start":10414.11,"end":10414.47},{"text":"meeting","start":10414.47,"end":10414.87},{"text":"on","start":10414.87,"end":10415.27},{"text":"financing","start":10415.27,"end":10415.71},{"text":"for","start":10415.71,"end":10415.83},{"text":"development.","start":10415.83,"end":10416.39}]},{"text":"There can be no doubt about it.","start":10416.47,"end":10417.67,"topics":[],"words":[{"text":"There","start":10416.47,"end":10416.63},{"text":"can","start":10416.63,"end":10416.75},{"text":"be","start":10416.75,"end":10416.83},{"text":"no","start":10416.83,"end":10417.03},{"text":"doubt","start":10417.03,"end":10417.27},{"text":"about","start":10417.27,"end":10417.51},{"text":"it.","start":10417.51,"end":10417.67}]},{"text":"All of our countries are doing their utmost to tackle economic and social challenges they face.","start":10417.83,"end":10426.31,"topics":[],"words":[{"text":"All","start":10417.83,"end":10417.99},{"text":"of","start":10417.99,"end":10418.07},{"text":"our","start":10418.07,"end":10418.15},{"text":"countries","start":10418.15,"end":10418.71},{"text":"are","start":10419.51,"end":10419.63},{"text":"doing","start":10421.99,"end":10422.23},{"text":"their","start":10422.23,"end":10422.43},{"text":"utmost","start":10422.43,"end":10423.03},{"text":"to","start":10423.35,"end":10423.59},{"text":"tackle","start":10423.63,"end":10424.15},{"text":"economic","start":10424.55,"end":10424.95},{"text":"and","start":10424.95,"end":10425.07},{"text":"social","start":10425.07,"end":10425.35},{"text":"challenges","start":10425.35,"end":10425.75},{"text":"they","start":10425.75,"end":10425.91},{"text":"face.","start":10425.91,"end":10426.31}]},{"text":"Morocco, led by His Majesty Mohammed VI, has reformed various priority sectors, such as health insurance, to give you one example, as well as housing.","start":10428.83,"end":10451.43,"topics":[],"words":[{"text":"Morocco,","start":10428.83,"end":10429.43},{"text":"led","start":10430.15,"end":10430.55},{"text":"by","start":10430.55,"end":10430.87},{"text":"His","start":10431.43,"end":10431.67},{"text":"Majesty","start":10431.67,"end":10432.39},{"text":"Mohammed","start":10433.03,"end":10433.75},{"text":"VI,","start":10433.75,"end":10433.83},{"text":"has","start":10435.83,"end":10436.15},{"text":"reformed","start":10436.31,"end":10437.11},{"text":"various","start":10442.59,"end":10443.03},{"text":"priority","start":10443.03,"end":10443.51},{"text":"sectors,","start":10443.51,"end":10443.95},{"text":"such","start":10443.95,"end":10444.43},{"text":"as","start":10444.43,"end":10444.63},{"text":"health","start":10444.79,"end":10445.03},{"text":"insurance,","start":10445.03,"end":10445.67},{"text":"to","start":10447.59,"end":10447.71},{"text":"give","start":10447.71,"end":10447.99},{"text":"you","start":10447.99,"end":10448.15},{"text":"one","start":10448.15,"end":10448.39},{"text":"example,","start":10448.39,"end":10449.03},{"text":"as","start":10449.67,"end":10449.91},{"text":"well","start":10449.91,"end":10450.15},{"text":"as","start":10450.15,"end":10450.39},{"text":"housing.","start":10450.87,"end":10451.43}]},{"text":"We've undertaken deep reforms in the education and health sectors as well.","start":10451.43,"end":10456.39,"topics":[],"words":[{"text":"We've","start":10451.43,"end":10451.67},{"text":"undertaken","start":10451.67,"end":10452.15},{"text":"deep","start":10452.15,"end":10452.39},{"text":"reforms","start":10452.63,"end":10453.27},{"text":"in","start":10453.35,"end":10453.87},{"text":"the","start":10453.87,"end":10454.11},{"text":"education","start":10454.23,"end":10454.79},{"text":"and","start":10454.79,"end":10455.03},{"text":"health","start":10455.03,"end":10455.31},{"text":"sectors","start":10455.31,"end":10455.83},{"text":"as","start":10455.83,"end":10456.03},{"text":"well.","start":10456.03,"end":10456.39}]},{"text":"These reforms reflect my country's willingness to improve the living conditions of our citizens, laying the groundwork for general and widespread 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will spur development efforts.","start":10471.91,"end":10473.35,"topics":[],"words":[{"text":"This","start":10471.91,"end":10472.15},{"text":"will","start":10472.15,"end":10472.39},{"text":"spur","start":10472.39,"end":10472.63},{"text":"development","start":10472.63,"end":10473.07},{"text":"efforts.","start":10473.07,"end":10473.35}]},{"text":"Nonetheless, this requires significant additional financial resources.","start":10473.35,"end":10479.67,"topics":[],"words":[{"text":"Nonetheless,","start":10473.35,"end":10474.07},{"text":"this","start":10474.31,"end":10474.79},{"text":"requires","start":10475.87,"end":10476.47},{"text":"significant","start":10476.55,"end":10477.51},{"text":"additional","start":10477.67,"end":10478.31},{"text":"financial","start":10478.31,"end":10478.95},{"text":"resources.","start":10478.95,"end":10479.67}]},{"text":"The Kingdom of Morocco has undertaken laudable efforts with a view to mobilizing financial resources in a more effective 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met at a time of profound turbulence.","start":10672.83,"end":10674.99,"topics":[],"words":[{"text":"We","start":10672.83,"end":10672.99},{"text":"met","start":10672.99,"end":10673.15},{"text":"at","start":10673.15,"end":10673.23},{"text":"a","start":10673.23,"end":10673.27},{"text":"time","start":10673.27,"end":10673.63},{"text":"of","start":10673.63,"end":10673.79},{"text":"profound","start":10673.79,"end":10674.35},{"text":"turbulence.","start":10674.35,"end":10674.99}]},{"text":"The world is facing intense geopolitical tensions, wars, macroeconomic challenges, and systemic 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Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"Our","start":10783.15,"end":10783.39},{"text":"ports","start":10783.39,"end":10783.87},{"text":"have","start":10783.95,"end":10784.23},{"text":"been","start":10784.23,"end":10784.39},{"text":"blockaded,","start":10784.39,"end":10784.99},{"text":"our","start":10785.79,"end":10786.03},{"text":"supply","start":10786.03,"end":10786.43},{"text":"chains","start":10786.43,"end":10786.91},{"text":"disrupted,","start":10786.91,"end":10787.71},{"text":"our","start":10788.35,"end":10788.67},{"text":"once","start":10789.07,"end":10789.55},{"text":"fertile","start":10790.11,"end":10790.83},{"text":"fields","start":10791.15,"end":10791.71},{"text":"are","start":10791.95,"end":10792.11},{"text":"now","start":10792.11,"end":10792.43},{"text":"littered","start":10792.75,"end":10793.31},{"text":"with","start":10793.31,"end":10793.55},{"text":"Russian","start":10793.55,"end":10794.03},{"text":"mines","start":10794.11,"end":10794.59},{"text":"instead","start":10794.59,"end":10794.99},{"text":"of","start":10794.99,"end":10795.11},{"text":"grain.","start":10795.11,"end":10795.47}]},{"text":"According to UN data, the war could leave tens of millions more people in chronic hunger by 2030.","start":10797.87,"end":10805.23,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. 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crises.","start":10809.43,"end":10817.91,"topics":[],"words":[{"text":"But","start":10809.43,"end":10809.67},{"text":"even","start":10809.67,"end":10809.99},{"text":"as","start":10810.63,"end":10810.79},{"text":"we","start":10810.79,"end":10810.91},{"text":"defend","start":10810.91,"end":10811.35},{"text":"ourselves","start":10811.35,"end":10811.83},{"text":"from","start":10811.83,"end":10812.07},{"text":"aggression,","start":10812.07,"end":10812.55},{"text":"Ukraine","start":10812.55,"end":10813.11},{"text":"strives","start":10813.11,"end":10813.63},{"text":"to","start":10813.63,"end":10813.75},{"text":"remain","start":10813.75,"end":10814.23},{"text":"a","start":10814.39,"end":10814.47},{"text":"source","start":10814.47,"end":10815.03},{"text":"of","start":10815.03,"end":10815.11},{"text":"stability","start":10815.11,"end":10815.75},{"text":"and","start":10816.15,"end":10816.51},{"text":"not","start":10816.51,"end":10816.79},{"text":"a","start":10816.79,"end":10816.87},{"text":"source","start":10816.87,"end":10817.23},{"text":"of","start":10817.23,"end":10817.35},{"text":"crises.","start":10817.35,"end":10817.91}]},{"text":"With support from the UN and our partners, the Black Sea Grain Initiative helped deliver Ukrainian grain to the countries that needed it 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launched the Grain from Ukraine humanitarian program, and with the support of international partners, we supply food to the most in need across Africa and Asia.","start":10828.87,"end":10839.11,"topics":[],"words":[{"text":"We","start":10828.87,"end":10829.03},{"text":"launched","start":10829.03,"end":10829.51},{"text":"the","start":10829.51,"end":10829.75},{"text":"Grain","start":10829.75,"end":10830.03},{"text":"from","start":10830.03,"end":10830.27},{"text":"Ukraine","start":10830.27,"end":10830.71},{"text":"humanitarian","start":10830.87,"end":10831.67},{"text":"program,","start":10831.83,"end":10832.31},{"text":"and","start":10832.39,"end":10832.87},{"text":"with","start":10832.87,"end":10833.07},{"text":"the","start":10833.07,"end":10833.19},{"text":"support","start":10833.19,"end":10833.59},{"text":"of","start":10833.59,"end":10833.67},{"text":"international","start":10833.67,"end":10834.27},{"text":"partners,","start":10834.27,"end":10834.63},{"text":"we","start":10834.63,"end":10834.79},{"text":"supply","start":10834.79,"end":10835.19},{"text":"food","start":10835.43,"end":10835.71},{"text":"to","start":10835.71,"end":10835.91},{"text":"the","start":10835.91,"end":10836.03},{"text":"most","start":10836.07,"end":10836.79},{"text":"in","start":10836.87,"end":10837.39},{"text":"need","start":10837.39,"end":10837.67},{"text":"across","start":10837.91,"end":10838.31},{"text":"Africa","start":10838.31,"end":10838.67},{"text":"and","start":10838.67,"end":10838.79},{"text":"Asia.","start":10838.79,"end":10839.11}]},{"text":"I call on all countries and organizations present here to support these efforts and work with us to address the food crisis caused by Russia's aggression.","start":10840.39,"end":10851.03,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"I","start":10840.39,"end":10840.55},{"text":"call","start":10840.55,"end":10840.87},{"text":"on","start":10840.87,"end":10841.11},{"text":"all","start":10841.27,"end":10841.43},{"text":"countries","start":10841.43,"end":10841.99},{"text":"and","start":10841.99,"end":10842.23},{"text":"organizations","start":10842.23,"end":10843.03},{"text":"present","start":10843.43,"end":10843.79},{"text":"here","start":10843.79,"end":10844.15},{"text":"to","start":10844.31,"end":10844.43},{"text":"support","start":10844.43,"end":10844.79},{"text":"these","start":10844.79,"end":10845.03},{"text":"efforts","start":10845.03,"end":10845.51},{"text":"and","start":10845.51,"end":10845.75},{"text":"work","start":10845.75,"end":10845.99},{"text":"with","start":10845.99,"end":10846.19},{"text":"us","start":10846.19,"end":10846.55},{"text":"to","start":10846.79,"end":10847.03},{"text":"address","start":10847.03,"end":10847.67},{"text":"the","start":10847.95,"end":10848.07},{"text":"food","start":10848.07,"end":10848.31},{"text":"crisis","start":10848.31,"end":10848.87},{"text":"caused","start":10849.43,"end":10849.83},{"text":"by","start":10849.83,"end":10850.15},{"text":"Russia's","start":10850.15,"end":10850.63},{"text":"aggression.","start":10850.63,"end":10851.03}]},{"text":"Together with our partners across the globe, Ukraine also fights on the financial front, defending transparency and stability in the global financial system.","start":10852.03,"end":10862.71,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"Together","start":10852.03,"end":10852.47},{"text":"with","start":10852.47,"end":10852.63},{"text":"our","start":10852.63,"end":10852.79},{"text":"partners","start":10852.79,"end":10853.19},{"text":"across","start":10853.19,"end":10853.55},{"text":"the","start":10853.55,"end":10853.63},{"text":"globe,","start":10853.63,"end":10853.99},{"text":"Ukraine","start":10853.99,"end":10854.55},{"text":"also","start":10854.55,"end":10854.95},{"text":"fights","start":10855.75,"end":10856.31},{"text":"on","start":10857.35,"end":10857.47},{"text":"the","start":10857.47,"end":10857.59},{"text":"financial","start":10857.59,"end":10858.15},{"text":"front,","start":10858.15,"end":10858.55},{"text":"defending","start":10858.55,"end":10859.11},{"text":"transparency","start":10859.11,"end":10859.91},{"text":"and","start":10859.91,"end":10860.07},{"text":"stability","start":10860.07,"end":10860.71},{"text":"in","start":10861.11,"end":10861.31},{"text":"the","start":10861.31,"end":10861.39},{"text":"global","start":10861.39,"end":10861.75},{"text":"financial","start":10861.75,"end":10862.23},{"text":"system.","start":10862.23,"end":10862.71}]},{"text":"I especially want to acknowledge the support of the Financial Action Task Force, FATF, and other similar bodies has firmly condemned Russia's aggression and already suspended Russia's membership for violating the organization's core principles.","start":10862.95,"end":10879.51,"topics":[],"words":[{"text":"I","start":10862.95,"end":10863.11},{"text":"especially","start":10863.11,"end":10863.67},{"text":"want","start":10863.67,"end":10863.95},{"text":"to","start":10863.95,"end":10864.23},{"text":"acknowledge","start":10864.39,"end":10865.19},{"text":"the","start":10865.51,"end":10865.75},{"text":"support","start":10865.75,"end":10866.15},{"text":"of","start":10866.15,"end":10866.23},{"text":"the","start":10866.23,"end":10866.39},{"text":"Financial","start":10866.39,"end":10866.87},{"text":"Action","start":10866.87,"end":10867.27},{"text":"Task","start":10867.43,"end":10867.75},{"text":"Force,","start":10867.75,"end":10868.23},{"text":"FATF,","start":10868.59,"end":10869.31},{"text":"and","start":10869.31,"end":10869.51},{"text":"other","start":10869.51,"end":10869.75},{"text":"similar","start":10869.75,"end":10870.15},{"text":"bodies","start":10870.15,"end":10870.63},{"text":"has","start":10871.59,"end":10871.91},{"text":"firmly","start":10871.91,"end":10872.39},{"text":"condemned","start":10872.63,"end":10873.35},{"text":"Russia's","start":10873.51,"end":10873.99},{"text":"aggression","start":10873.99,"end":10874.47},{"text":"and","start":10874.55,"end":10874.79},{"text":"already","start":10874.79,"end":10875.23},{"text":"suspended","start":10875.23,"end":10875.83},{"text":"Russia's","start":10875.83,"end":10876.15},{"text":"membership","start":10876.15,"end":10876.71},{"text":"for","start":10876.95,"end":10877.19},{"text":"violating","start":10877.19,"end":10877.75},{"text":"the","start":10877.75,"end":10877.87},{"text":"organization's","start":10877.87,"end":10878.67},{"text":"core","start":10878.67,"end":10878.87},{"text":"principles.","start":10878.87,"end":10879.51}]},{"text":"We are sincerely grateful to our partners for their unwavering support in addressing the risks Russia creates for global financial security.","start":10880.95,"end":10889.91,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"We","start":10880.95,"end":10881.11},{"text":"are","start":10881.11,"end":10881.27},{"text":"sincerely","start":10881.27,"end":10881.71},{"text":"grateful","start":10881.71,"end":10882.23},{"text":"to","start":10882.39,"end":10882.55},{"text":"our","start":10882.55,"end":10882.71},{"text":"partners","start":10882.71,"end":10883.19},{"text":"for","start":10883.19,"end":10883.51},{"text":"their","start":10883.67,"end":10883.99},{"text":"unwavering","start":10883.99,"end":10884.55},{"text":"support","start":10884.55,"end":10885.11},{"text":"in","start":10885.19,"end":10885.43},{"text":"addressing","start":10885.43,"end":10885.91},{"text":"the","start":10885.99,"end":10886.15},{"text":"risks","start":10886.23,"end":10886.95},{"text":"Russia","start":10887.19,"end":10887.59},{"text":"creates","start":10887.59,"end":10887.99},{"text":"for","start":10887.99,"end":10888.19},{"text":"global","start":10888.19,"end":10888.63},{"text":"financial","start":10888.79,"end":10889.35},{"text":"security.","start":10889.35,"end":10889.91}]},{"text":"At the same time, we believe further steps are needed.","start":10890.23,"end":10893.51,"topics":[],"words":[{"text":"At","start":10890.23,"end":10890.35},{"text":"the","start":10890.35,"end":10890.47},{"text":"same","start":10890.47,"end":10890.71},{"text":"time,","start":10890.71,"end":10891.03},{"text":"we","start":10891.03,"end":10891.15},{"text":"believe","start":10891.15,"end":10891.59},{"text":"further","start":10891.67,"end":10892.11},{"text":"steps","start":10892.11,"end":10892.55},{"text":"are","start":10892.55,"end":10892.87},{"text":"needed.","start":10893.03,"end":10893.51}]},{"text":"Ukraine calls on FATF member states to consider placing Russia on the list of high-risk jurisdictions at the next FATF plenary.","start":10894.15,"end":10902.91,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. 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Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"Dear","start":10903.95,"end":10904.11},{"text":"colleagues,","start":10904.11,"end":10904.59},{"text":"Ukraine's","start":10904.75,"end":10905.55},{"text":"experience","start":10905.63,"end":10906.51},{"text":"has","start":10906.59,"end":10906.83},{"text":"made","start":10906.83,"end":10907.15},{"text":"one","start":10907.15,"end":10907.35},{"text":"thing","start":10907.35,"end":10907.55},{"text":"clear:","start":10907.55,"end":10907.95},{"text":"we","start":10908.59,"end":10908.75},{"text":"need","start":10908.75,"end":10908.91},{"text":"new,","start":10908.91,"end":10909.31},{"text":"dedicated","start":10909.47,"end":10910.07},{"text":"development","start":10910.07,"end":10910.51},{"text":"financing","start":10910.51,"end":10911.07},{"text":"mechanisms","start":10911.07,"end":10911.79},{"text":"for","start":10911.79,"end":10912.15},{"text":"countries","start":10912.15,"end":10912.67},{"text":"affected","start":10912.67,"end":10913.19},{"text":"by","start":10913.19,"end":10913.39},{"text":"war","start":10913.39,"end":10913.71},{"text":"or","start":10914.43,"end":10914.63},{"text":"rebuilding","start":10914.63,"end":10915.15},{"text":"after","start":10915.15,"end":10915.39},{"text":"it.","start":10915.39,"end":10915.63}]},{"text":"In Ukraine's case, such a mechanism is self-evident: a fair and full redirection of immobilized Russian assets to finance Ukraine's reconstruction.","start":10916.95,"end":10926.95,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"In","start":10916.95,"end":10916.99},{"text":"Ukraine's","start":10916.99,"end":10917.43},{"text":"case,","start":10917.43,"end":10917.91},{"text":"such","start":10918.07,"end":10918.35},{"text":"a","start":10918.35,"end":10918.39},{"text":"mechanism","start":10918.39,"end":10919.03},{"text":"is","start":10919.35,"end":10919.55},{"text":"self-evident:","start":10919.55,"end":10920.63},{"text":"a","start":10920.87,"end":10920.91},{"text":"fair","start":10920.91,"end":10921.43},{"text":"and","start":10921.43,"end":10921.67},{"text":"full","start":10921.67,"end":10922.07},{"text":"redirection","start":10922.15,"end":10922.95},{"text":"of","start":10923.11,"end":10923.27},{"text":"immobilized","start":10923.27,"end":10923.95},{"text":"Russian","start":10923.95,"end":10924.31},{"text":"assets","start":10924.31,"end":10924.63},{"text":"to","start":10924.87,"end":10925.11},{"text":"finance","start":10925.11,"end":10925.75},{"text":"Ukraine's","start":10925.75,"end":10926.23},{"text":"reconstruction.","start":10926.23,"end":10926.95}]},{"text":"The crime of aggression must be met with a financial response.","start":10927.27,"end":10931.19,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. 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the outset, allow me to express on my behalf and my delegation's behalf our deepest gratitude to the government and the people of Spain for hosting this important 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President, the Fourth International Conference on Financing for Development comes at a critical time when the world is grappling with the adverse effects of climate change, financing challenges, limited physical space, and persistent trade barriers.","start":11149.71,"end":11171.03,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. 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They called on donor countries to meet long-standing ODA commitments and provide more stable, predictable, grant-based support."}],"words":[{"text":"This","start":11285.19,"end":11285.43},{"text":"requires","start":11285.43,"end":11285.99},{"text":"financial","start":11285.99,"end":11286.55},{"text":"support.","start":11286.55,"end":11287.19}]},{"text":"While efforts are being made to address these challenges, through investing in productive sectors such as agriculture and manufacturing.","start":11288.51,"end":11297.47,"topics":[],"words":[{"text":"While","start":11288.51,"end":11288.87},{"text":"efforts","start":11288.87,"end":11289.27},{"text":"are","start":11289.27,"end":11289.35},{"text":"being","start":11289.35,"end":11289.59},{"text":"made","start":11289.59,"end":11289.87},{"text":"to","start":11289.87,"end":11290.11},{"text":"address","start":11290.11,"end":11290.87},{"text":"these","start":11291.11,"end":11291.43},{"text":"challenges,","start":11291.43,"end":11292.15},{"text":"through","start":11292.83,"end":11292.99},{"text":"investing","start":11293.03,"end":11293.63},{"text":"in","start":11293.63,"end":11293.71},{"text":"productive","start":11293.71,"end":11294.27},{"text":"sectors","start":11294.27,"end":11294.71},{"text":"such","start":11294.71,"end":11294.99},{"text":"as","start":11294.99,"end":11295.15},{"text":"agriculture","start":11295.15,"end":11295.87},{"text":"and","start":11296.43,"end":11296.67},{"text":"manufacturing.","start":11296.67,"end":11297.47}]},{"text":"The effects of climate change and trade policies only compound the already existing burden.","start":11298.11,"end":11306.11,"topics":[{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."}],"words":[{"text":"The","start":11298.11,"end":11298.31},{"text":"effects","start":11298.39,"end":11298.79},{"text":"of","start":11298.79,"end":11298.91},{"text":"climate","start":11298.91,"end":11299.35},{"text":"change","start":11299.35,"end":11299.95},{"text":"and","start":11301.47,"end":11301.75},{"text":"trade","start":11301.75,"end":11302.03},{"text":"policies","start":11302.03,"end":11302.91},{"text":"only","start":11303.23,"end":11303.55},{"text":"compound","start":11303.55,"end":11304.35},{"text":"the","start":11304.59,"end":11304.71},{"text":"already","start":11304.71,"end":11305.15},{"text":"existing","start":11305.15,"end":11305.67},{"text":"burden.","start":11305.67,"end":11306.11}]},{"text":"That's impending progress.","start":11306.83,"end":11308.51,"topics":[],"words":[{"text":"That's","start":11306.83,"end":11307.19},{"text":"impending","start":11307.19,"end":11307.83},{"text":"progress.","start":11307.83,"end":11308.51}]},{"text":"We therefore join the call on development partners to continue to honor their ODA commitments.","start":11308.99,"end":11316.27,"topics":[{"key":"oda-and-grants","label":"Official Development Assistance and Grants","description":"Speakers warned that declining official development assistance is undermining development progress in poorer countries. 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trade as an engine for development, we call on transit countries to cooperate more with landlocked developing countries through adopting policies that make it easy for landlocked countries to access markets for their goods.","start":11328.79,"end":11346.47,"topics":[],"words":[{"text":"On","start":11328.79,"end":11328.95},{"text":"trade","start":11328.95,"end":11329.35},{"text":"as","start":11329.67,"end":11329.99},{"text":"an","start":11330.35,"end":11330.47},{"text":"engine","start":11330.47,"end":11331.19},{"text":"for","start":11331.19,"end":11331.35},{"text":"development,","start":11331.35,"end":11332.07},{"text":"we","start":11332.79,"end":11333.03},{"text":"call","start":11333.03,"end":11333.43},{"text":"on","start":11333.43,"end":11333.59},{"text":"transit","start":11333.59,"end":11334.03},{"text":"countries","start":11334.03,"end":11334.79},{"text":"to","start":11335.39,"end":11335.47},{"text":"cooperate","start":11335.47,"end":11336.07},{"text":"more","start":11336.07,"end":11336.63},{"text":"with","start":11337.59,"end":11337.91},{"text":"landlocked","start":11337.91,"end":11338.47},{"text":"developing","start":11338.47,"end":11338.95},{"text":"countries","start":11338.95,"end":11339.67},{"text":"through","start":11339.75,"end":11340.07},{"text":"adopting","start":11340.07,"end":11340.51},{"text":"policies","start":11340.51,"end":11341.35},{"text":"that","start":11341.75,"end":11341.99},{"text":"make","start":11341.99,"end":11342.23},{"text":"it","start":11342.23,"end":11342.39},{"text":"easy","start":11342.39,"end":11342.79},{"text":"for","start":11342.79,"end":11342.95},{"text":"landlocked","start":11342.95,"end":11343.47},{"text":"countries","start":11343.47,"end":11344.07},{"text":"to","start":11344.55,"end":11344.71},{"text":"access","start":11344.71,"end":11345.19},{"text":"markets","start":11345.19,"end":11345.63},{"text":"for","start":11345.63,"end":11345.75},{"text":"their","start":11345.75,"end":11345.99},{"text":"goods.","start":11345.99,"end":11346.47}]},{"text":"We further call for adherence to the already adopted trade rules under the WTO, as well as bilateral trade 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reiterate the call to developed and developing countries in a position to do so to provide full implementation of duty-free, quota-free market access on a lasting basis for all products originating from LDCs.","start":11359.63,"end":11377.63,"topics":[],"words":[{"text":"We","start":11359.63,"end":11359.95},{"text":"reiterate","start":11359.95,"end":11360.99},{"text":"the","start":11361.07,"end":11361.27},{"text":"call","start":11361.27,"end":11361.63},{"text":"to","start":11361.63,"end":11361.75},{"text":"developed","start":11361.75,"end":11362.43},{"text":"and","start":11362.99,"end":11363.19},{"text":"developing","start":11363.19,"end":11363.71},{"text":"countries","start":11363.71,"end":11364.51},{"text":"in","start":11364.75,"end":11364.91},{"text":"a","start":11364.91,"end":11364.99},{"text":"position","start":11364.99,"end":11365.47},{"text":"to","start":11365.47,"end":11365.63},{"text":"do","start":11365.63,"end":11365.79},{"text":"so","start":11365.79,"end":11366.11},{"text":"to","start":11366.67,"end":11366.83},{"text":"provide","start":11366.83,"end":11367.39},{"text":"full","start":11367.39,"end":11367.87},{"text":"implementation","start":11367.87,"end":11368.75},{"text":"of","start":11368.75,"end":11368.91},{"text":"duty-free,","start":11368.91,"end":11369.63},{"text":"quota-free","start":11370.27,"end":11370.91},{"text":"market","start":11370.91,"end":11371.31},{"text":"access","start":11371.31,"end":11371.95},{"text":"on","start":11372.51,"end":11372.71},{"text":"a","start":11372.71,"end":11372.75},{"text":"lasting","start":11372.75,"end":11373.11},{"text":"basis","start":11373.11,"end":11373.79},{"text":"for","start":11374.03,"end":11374.39},{"text":"all","start":11374.39,"end":11374.51},{"text":"products","start":11374.51,"end":11375.03},{"text":"originating","start":11375.03,"end":11375.71},{"text":"from","start":11375.71,"end":11376.11},{"text":"LDCs.","start":11376.59,"end":11377.63}]},{"text":"as encapsulated in the current outcome document, including in the Addis Ababa Agenda and the Doha Programme of Action for 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regard to domestic resource mobilization, Lesotho subscribes to the notion that developing countries need to be supported in mobilizing domestic public resources to invest on sustainable development.","start":11391.11,"end":11406.71,"topics":[{"key":"tax-and-domestic-resources","label":"Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was the need to strengthen domestic revenue systems while improving international tax cooperation. 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This included support for a UN-led tax convention, fairer taxation of wealth and multinational profits, and stronger action against tax evasion and illicit financial flows."}],"words":[{"text":"To","start":11407.59,"end":11407.63},{"text":"achieve","start":11407.71,"end":11408.03},{"text":"this","start":11408.03,"end":11408.27},{"text":"noble","start":11408.27,"end":11408.59},{"text":"goal,","start":11408.59,"end":11409.07},{"text":"we","start":11409.87,"end":11410.11},{"text":"need","start":11410.11,"end":11410.31},{"text":"to","start":11410.31,"end":11410.47},{"text":"step","start":11410.47,"end":11410.83},{"text":"up","start":11410.83,"end":11411.07},{"text":"efforts","start":11411.31,"end":11411.75},{"text":"to","start":11411.75,"end":11411.87},{"text":"effectively","start":11411.87,"end":11412.91},{"text":"combat","start":11413.07,"end":11413.71},{"text":"illicit","start":11414.03,"end":11414.51},{"text":"financial","start":11414.51,"end":11415.07},{"text":"flows.","start":11415.07,"end":11415.55}]},{"text":"We also need to strengthen revenue administration through improving the efficiency and effectiveness of the tax systems, including digital taxation framework.","start":11416.11,"end":11427.23,"topics":[{"key":"tax-and-domestic-resources","label":"Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was the need to strengthen domestic revenue systems while improving international tax cooperation. 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Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"On","start":11427.95,"end":11428.19},{"text":"debt,","start":11428.19,"end":11428.75},{"text":"reports","start":11430.03,"end":11430.51},{"text":"reveal","start":11430.51,"end":11430.99},{"text":"that","start":11430.99,"end":11431.39},{"text":"in","start":11431.47,"end":11431.63},{"text":"sub-Saharan","start":11431.63,"end":11432.63},{"text":"Africa,","start":11432.63,"end":11433.23},{"text":"Debt","start":11434.11,"end":11434.19},{"text":"servicing","start":11434.19,"end":11434.79},{"text":"consumed","start":11434.79,"end":11435.39},{"text":"nearly","start":11435.47,"end":11435.95},{"text":"half","start":11435.95,"end":11436.51},{"text":"of","start":11436.51,"end":11436.59},{"text":"all","start":11436.59,"end":11436.87},{"text":"government","start":11436.87,"end":11437.27},{"text":"revenue","start":11437.27,"end":11438.15},{"text":"in","start":11438.15,"end":11438.27},{"text":"2023,","start":11438.27,"end":11438.99},{"text":"thus","start":11439.71,"end":11439.95},{"text":"limiting","start":11439.95,"end":11440.47},{"text":"the","start":11440.47,"end":11440.59},{"text":"region's","start":11440.59,"end":11441.03},{"text":"fiscal","start":11441.03,"end":11441.55},{"text":"space.","start":11441.55,"end":11442.11}]},{"text":"To address this situation, we call for the lowering of borrowing costs.","start":11443.39,"end":11448.83,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. 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Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."}],"words":[{"text":"debt","start":11462.51,"end":11462.67},{"text":"relief","start":11462.67,"end":11463.15},{"text":"and","start":11463.15,"end":11463.39},{"text":"sound","start":11463.39,"end":11464.15},{"text":"debt","start":11464.15,"end":11464.35},{"text":"management.","start":11464.35,"end":11464.99}]},{"text":"Cognizant that science, technology and innovation are pivotal for achieving the SDGs and economic growth, we are of the view that investment in digital infrastructure is crucial for many countries in special situations like Lesotho to support their STI activities and to fully leverage on digital transformation.","start":11466.19,"end":11489.79,"topics":[{"key":"technology-and-digital-gap","label":"Technology Transfer and the Digital Divide","description":"Multiple delegations linked sustainable development to improved access to technology, innovation, and digital infrastructure. 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This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"Mr.","start":11509.59,"end":11509.99},{"text":"President,","start":11509.99,"end":11510.63},{"text":"let","start":11511.35,"end":11511.55},{"text":"me","start":11511.55,"end":11511.75},{"text":"conclude","start":11511.75,"end":11512.23},{"text":"by","start":11512.23,"end":11512.55},{"text":"echoing","start":11512.55,"end":11513.03},{"text":"sentiments","start":11513.03,"end":11513.99},{"text":"of","start":11514.39,"end":11514.63},{"text":"other","start":11514.71,"end":11514.95},{"text":"member","start":11514.95,"end":11515.31},{"text":"states","start":11515.31,"end":11515.99},{"text":"on","start":11516.15,"end":11516.31},{"text":"the","start":11516.31,"end":11516.39},{"text":"reform","start":11516.39,"end":11516.87},{"text":"of","start":11516.87,"end":11517.03},{"text":"the","start":11517.03,"end":11517.15},{"text":"existing","start":11517.15,"end":11517.83},{"text":"international","start":11517.83,"end":11518.55},{"text":"financial","start":11518.55,"end":11519.15},{"text":"architecture.","start":11519.15,"end":11519.83}]},{"text":"through making it more fit for purpose, equitable, and responsive to the needs of developing countries.","start":11520.59,"end":11527.31,"topics":[{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"through","start":11520.59,"end":11520.75},{"text":"making","start":11520.75,"end":11521.19},{"text":"it","start":11521.19,"end":11521.39},{"text":"more","start":11521.39,"end":11521.63},{"text":"fit","start":11521.63,"end":11521.95},{"text":"for","start":11521.95,"end":11522.11},{"text":"purpose,","start":11522.11,"end":11522.75},{"text":"equitable,","start":11523.39,"end":11524.07},{"text":"and","start":11524.07,"end":11524.23},{"text":"responsive","start":11524.23,"end":11524.83},{"text":"to","start":11524.83,"end":11524.99},{"text":"the","start":11524.99,"end":11525.07},{"text":"needs","start":11525.07,"end":11525.71},{"text":"of","start":11526.11,"end":11526.27},{"text":"developing","start":11526.27,"end":11526.83},{"text":"countries.","start":11526.83,"end":11527.31}]},{"text":"I thank you.","start":11527.95,"end":11528.51,"topics":[],"words":[{"text":"I","start":11527.95,"end":11528.11},{"text":"thank","start":11528.11,"end":11528.35},{"text":"you.","start":11528.35,"end":11528.51}]}]}],"speaker":{"name":"Msokwane Samuel Matarane","affiliation":"LSO","affiliation_full":"Lesotho","group":null,"function":"Prime Minister"}},{"statement_number":52,"start":11532.99,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=11533","paragraphs":[{"sentences":[{"text":"I'd like to thank the Prime Minister and Head of State and Minister of Defense, National Security, and Environment of the Kingdom of Lesotho.","start":11532.99,"end":11541.95,"topics":[],"words":[{"text":"I'd","start":11532.99,"end":11533.19},{"text":"like","start":11533.23,"end":11533.55},{"text":"to","start":11535.39,"end":11535.59},{"text":"thank","start":11535.59,"end":11535.87},{"text":"the","start":11535.87,"end":11535.99},{"text":"Prime","start":11536.07,"end":11536.31},{"text":"Minister","start":11536.31,"end":11536.83},{"text":"and","start":11536.83,"end":11536.99},{"text":"Head","start":11536.99,"end":11537.23},{"text":"of","start":11537.23,"end":11537.31},{"text":"State","start":11537.31,"end":11537.87},{"text":"and","start":11538.31,"end":11538.55},{"text":"Minister","start":11538.55,"end":11538.95},{"text":"of","start":11538.95,"end":11539.03},{"text":"Defense,","start":11539.03,"end":11539.55},{"text":"National","start":11539.55,"end":11539.83},{"text":"Security,","start":11539.83,"end":11540.23},{"text":"and","start":11540.23,"end":11540.35},{"text":"Environment","start":11540.35,"end":11540.83},{"text":"of","start":11540.83,"end":11540.91},{"text":"the","start":11540.91,"end":11540.99},{"text":"Kingdom","start":11540.99,"end":11541.35},{"text":"of","start":11541.35,"end":11541.43},{"text":"Lesotho.","start":11541.43,"end":11541.95}]},{"text":"And I have the honor of inviting His Excellency, Mohamed Mustafa, Prime Minister and Minister for Foreign Affairs of the State of Palestine to address the conference.","start":11543.07,"end":11560.11,"topics":[],"words":[{"text":"And","start":11543.07,"end":11543.31},{"text":"I","start":11543.31,"end":11543.35},{"text":"have","start":11543.35,"end":11543.47},{"text":"the","start":11543.47,"end":11543.59},{"text":"honor","start":11543.59,"end":11543.75},{"text":"of","start":11543.75,"end":11543.83},{"text":"inviting","start":11543.83,"end":11544.35},{"text":"His","start":11544.35,"end":11544.51},{"text":"Excellency,","start":11544.51,"end":11545.31},{"text":"Mohamed","start":11545.31,"end":11545.95},{"text":"Mustafa,","start":11545.95,"end":11546.59},{"text":"Prime","start":11547.31,"end":11547.51},{"text":"Minister","start":11547.51,"end":11548.03},{"text":"and","start":11548.03,"end":11548.15},{"text":"Minister","start":11548.15,"end":11548.55},{"text":"for","start":11548.55,"end":11548.71},{"text":"Foreign","start":11548.71,"end":11548.91},{"text":"Affairs","start":11548.91,"end":11549.63},{"text":"of","start":11550.55,"end":11550.59},{"text":"the","start":11550.59,"end":11550.75},{"text":"State","start":11550.75,"end":11551.11},{"text":"of","start":11551.11,"end":11551.23},{"text":"Palestine","start":11551.23,"end":11552.03},{"text":"to","start":11552.59,"end":11552.71},{"text":"address","start":11552.71,"end":11552.95},{"text":"the","start":11552.95,"end":11553.15},{"text":"conference.","start":11559.11,"end":11560.11}]},{"text":"This will be the last speaker for today.","start":11560.35,"end":11562.35,"topics":[],"words":[{"text":"This","start":11560.35,"end":11560.51},{"text":"will","start":11560.51,"end":11560.63},{"text":"be","start":11560.63,"end":11560.75},{"text":"the","start":11560.75,"end":11560.83},{"text":"last","start":11560.83,"end":11561.11},{"text":"speaker","start":11561.11,"end":11561.55},{"text":"for","start":11561.87,"end":11562.03},{"text":"today.","start":11562.03,"end":11562.35}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"President of the conference"}},{"statement_number":53,"start":11567.96,"pageUrl":"/en/asset/k1j/k1jcg2nklf?t=11568","paragraphs":[{"sentences":[{"text":"Mr. President, Excellencies, Ladies and Gentlemen, Greetings from Palestine.","start":11567.96,"end":11575.68,"topics":[],"words":[{"text":"Mr.","start":11567.96,"end":11568.32},{"text":"President,","start":11568.32,"end":11568.96},{"text":"Excellencies,","start":11570.08,"end":11571.04},{"text":"Ladies","start":11571.12,"end":11571.6},{"text":"and","start":11571.6,"end":11571.72},{"text":"Gentlemen,","start":11571.72,"end":11572.32},{"text":"Greetings","start":11573.92,"end":11574.72},{"text":"from","start":11574.8,"end":11575.04},{"text":"Palestine.","start":11575.04,"end":11575.68}]},{"text":"Without it, I wish to convey on behalf of the State of Palestine President Abbas, and in my personal capacity, our sincere gratitude and deep appreciation to the government and people of Spain for graciously hosting the Fourth International Conference on Financing for Development, and for the warm welcome and generous hospitality.","start":11577.92,"end":11605.75,"topics":[],"words":[{"text":"Without","start":11577.92,"end":11578.48},{"text":"it,","start":11578.48,"end":11578.72},{"text":"I","start":11579.68,"end":11579.84},{"text":"wish","start":11579.84,"end":11580.08},{"text":"to","start":11580.08,"end":11580.16},{"text":"convey","start":11580.16,"end":11580.64},{"text":"on","start":11580.64,"end":11580.72},{"text":"behalf","start":11580.72,"end":11581.12},{"text":"of","start":11581.12,"end":11581.2},{"text":"the","start":11581.2,"end":11581.28},{"text":"State","start":11581.28,"end":11581.52},{"text":"of","start":11581.52,"end":11581.6},{"text":"Palestine","start":11581.6,"end":11582.4},{"text":"President","start":11583.23,"end":11583.55},{"text":"Abbas,","start":11583.55,"end":11584.23},{"text":"and","start":11584.87,"end":11585.11},{"text":"in","start":11585.11,"end":11585.19},{"text":"my","start":11585.19,"end":11585.59},{"text":"personal","start":11585.59,"end":11586.11},{"text":"capacity,","start":11586.15,"end":11586.95},{"text":"our","start":11587.67,"end":11587.91},{"text":"sincere","start":11587.91,"end":11588.35},{"text":"gratitude","start":11588.35,"end":11589.03},{"text":"and","start":11589.75,"end":11589.95},{"text":"deep","start":11589.95,"end":11590.15},{"text":"appreciation","start":11590.15,"end":11591.11},{"text":"to","start":11591.83,"end":11591.95},{"text":"the","start":11591.95,"end":11592.07},{"text":"government","start":11592.07,"end":11592.71},{"text":"and","start":11592.91,"end":11593.03},{"text":"people","start":11593.03,"end":11593.39},{"text":"of","start":11593.39,"end":11593.51},{"text":"Spain","start":11593.51,"end":11593.99},{"text":"for","start":11594.99,"end":11595.27},{"text":"graciously","start":11595.51,"end":11596.15},{"text":"hosting","start":11596.15,"end":11596.79},{"text":"the","start":11597.19,"end":11597.27},{"text":"Fourth","start":11597.27,"end":11597.75},{"text":"International","start":11597.83,"end":11598.47},{"text":"Conference","start":11598.47,"end":11599.19},{"text":"on","start":11599.59,"end":11599.75},{"text":"Financing","start":11599.75,"end":11600.47},{"text":"for","start":11600.63,"end":11600.95},{"text":"Development,","start":11600.95,"end":11601.59},{"text":"and","start":11602.39,"end":11602.55},{"text":"for","start":11602.55,"end":11602.79},{"text":"the","start":11602.79,"end":11602.95},{"text":"warm","start":11602.95,"end":11603.27},{"text":"welcome","start":11603.27,"end":11603.83},{"text":"and","start":11604.39,"end":11604.59},{"text":"generous","start":11604.59,"end":11605.03},{"text":"hospitality.","start":11605.03,"end":11605.75}]},{"text":"Our thanks extend to the United Nations Secretary-General and the United Nations Secretariat for their efforts in preparing and organizing this important conference.","start":11607.67,"end":11617.67,"topics":[],"words":[{"text":"Our","start":11607.67,"end":11607.91},{"text":"thanks","start":11607.91,"end":11608.31},{"text":"extend","start":11608.31,"end":11608.71},{"text":"to","start":11608.71,"end":11608.79},{"text":"the","start":11608.79,"end":11608.87},{"text":"United","start":11608.87,"end":11609.23},{"text":"Nations","start":11609.23,"end":11609.59},{"text":"Secretary-General","start":11609.59,"end":11610.55},{"text":"and","start":11612.03,"end":11612.11},{"text":"the","start":11612.11,"end":11612.19},{"text":"United","start":11612.19,"end":11612.55},{"text":"Nations","start":11612.55,"end":11612.87},{"text":"Secretariat","start":11612.87,"end":11613.59},{"text":"for","start":11613.59,"end":11613.83},{"text":"their","start":11613.83,"end":11613.99},{"text":"efforts","start":11613.99,"end":11614.63},{"text":"in","start":11614.95,"end":11615.11},{"text":"preparing","start":11615.11,"end":11615.75},{"text":"and","start":11615.75,"end":11615.87},{"text":"organizing","start":11615.87,"end":11616.47},{"text":"this","start":11616.47,"end":11616.63},{"text":"important","start":11616.63,"end":11617.11},{"text":"conference.","start":11617.11,"end":11617.67}]},{"text":"We further recognize the leadership, the leadership role played by the co-facilitators throughout all stages of the preparatory process leading to this important gathering.","start":11618.71,"end":11630.47,"topics":[],"words":[{"text":"We","start":11618.71,"end":11618.87},{"text":"further","start":11618.87,"end":11619.23},{"text":"recognize","start":11619.23,"end":11619.75},{"text":"the","start":11619.75,"end":11619.83},{"text":"leadership,","start":11619.83,"end":11620.39},{"text":"the","start":11621.59,"end":11621.75},{"text":"leadership","start":11621.79,"end":11622.23},{"text":"role","start":11622.23,"end":11622.71},{"text":"played","start":11622.99,"end":11623.35},{"text":"by","start":11623.35,"end":11623.51},{"text":"the","start":11623.51,"end":11623.59},{"text":"co-facilitators","start":11623.59,"end":11624.79},{"text":"throughout","start":11625.19,"end":11625.67},{"text":"all","start":11625.67,"end":11625.83},{"text":"stages","start":11625.83,"end":11626.31},{"text":"of","start":11626.31,"end":11626.39},{"text":"the","start":11626.39,"end":11626.55},{"text":"preparatory","start":11626.55,"end":11627.35},{"text":"process","start":11627.67,"end":11628.23},{"text":"leading","start":11628.23,"end":11628.63},{"text":"to","start":11628.63,"end":11628.75},{"text":"this","start":11628.75,"end":11628.95},{"text":"important","start":11628.95,"end":11629.75},{"text":"gathering.","start":11629.99,"end":11630.47}]},{"text":"We meet today at a time of global uncertainty amid ongoing multidimensional crisis.","start":11632.87,"end":11639.27,"topics":[],"words":[{"text":"We","start":11632.87,"end":11633.03},{"text":"meet","start":11633.03,"end":11633.31},{"text":"today","start":11633.31,"end":11633.83},{"text":"at","start":11634.47,"end":11634.79},{"text":"a","start":11634.79,"end":11634.83},{"text":"time","start":11634.83,"end":11635.03},{"text":"of","start":11635.03,"end":11635.15},{"text":"global","start":11635.15,"end":11635.51},{"text":"uncertainty","start":11635.51,"end":11636.39},{"text":"amid","start":11636.95,"end":11637.27},{"text":"ongoing","start":11637.27,"end":11637.75},{"text":"multidimensional","start":11637.75,"end":11638.63},{"text":"crisis.","start":11638.63,"end":11639.27}]},{"text":"Nearly A decade has passed since we collectively committed to the 2030 Agenda for Sustainable Development and the Addis Ababa Action Agenda.","start":11640.47,"end":11651.91,"topics":[],"words":[{"text":"Nearly","start":11640.47,"end":11641.11},{"text":"A","start":11641.75,"end":11641.79},{"text":"decade","start":11641.79,"end":11642.23},{"text":"has","start":11642.23,"end":11642.47},{"text":"passed","start":11642.47,"end":11643.03},{"text":"since","start":11643.35,"end":11643.67},{"text":"we","start":11643.67,"end":11643.83},{"text":"collectively","start":11643.83,"end":11644.47},{"text":"committed","start":11644.47,"end":11644.91},{"text":"to","start":11644.91,"end":11645.03},{"text":"the","start":11645.03,"end":11645.11},{"text":"2030","start":11645.11,"end":11645.95},{"text":"Agenda","start":11645.95,"end":11646.55},{"text":"for","start":11647.03,"end":11647.19},{"text":"Sustainable","start":11647.19,"end":11647.75},{"text":"Development","start":11647.75,"end":11648.47},{"text":"and","start":11649.19,"end":11649.47},{"text":"the","start":11649.47,"end":11649.55},{"text":"Addis","start":11649.55,"end":11649.83},{"text":"Ababa","start":11649.87,"end":11650.39},{"text":"Action","start":11650.95,"end":11651.43},{"text":"Agenda.","start":11651.43,"end":11651.91}]},{"text":"Despite our aspirations, unfortunately, the world continues to grapple with mounting challenges.","start":11652.95,"end":11661.51,"topics":[],"words":[{"text":"Despite","start":11652.95,"end":11653.51},{"text":"our","start":11653.51,"end":11653.79},{"text":"aspirations,","start":11653.79,"end":11654.63},{"text":"unfortunately,","start":11657.23,"end":11657.99},{"text":"the","start":11657.99,"end":11658.11},{"text":"world","start":11658.11,"end":11658.39},{"text":"continues","start":11658.39,"end":11658.95},{"text":"to","start":11658.95,"end":11659.11},{"text":"grapple","start":11659.11,"end":11659.59},{"text":"with","start":11659.59,"end":11659.83},{"text":"mounting","start":11659.83,"end":11660.47},{"text":"challenges.","start":11660.79,"end":11661.51}]},{"text":"Obviously, financing remains the cornerstone in supporting the broader sustainable development agenda, including the 2030 agenda.","start":11663.59,"end":11675.39,"topics":[],"words":[{"text":"Obviously,","start":11663.59,"end":11664.39},{"text":"financing","start":11665.19,"end":11665.91},{"text":"remains","start":11665.91,"end":11666.63},{"text":"the","start":11667.43,"end":11667.47},{"text":"cornerstone","start":11667.47,"end":11668.27},{"text":"in","start":11669.15,"end":11669.39},{"text":"supporting","start":11669.63,"end":11670.43},{"text":"the","start":11670.75,"end":11670.91},{"text":"broader","start":11670.91,"end":11671.35},{"text":"sustainable","start":11671.35,"end":11671.99},{"text":"development","start":11671.99,"end":11672.59},{"text":"agenda,","start":11672.59,"end":11673.15},{"text":"including","start":11673.55,"end":11674.11},{"text":"the","start":11674.11,"end":11674.19},{"text":"2030","start":11674.19,"end":11674.95},{"text":"agenda.","start":11674.95,"end":11675.39}]},{"text":"The agenda must be inclusive, responsive to national context, and rooted in strengthened international cooperation.","start":11676.19,"end":11685.39,"topics":[],"words":[{"text":"The","start":11676.19,"end":11676.39},{"text":"agenda","start":11676.39,"end":11676.83},{"text":"must","start":11676.83,"end":11677.27},{"text":"be","start":11677.27,"end":11677.47},{"text":"inclusive,","start":11677.47,"end":11678.03},{"text":"responsive","start":11678.67,"end":11679.47},{"text":"to","start":11679.87,"end":11680.11},{"text":"national","start":11680.11,"end":11680.59},{"text":"context,","start":11680.59,"end":11681.19},{"text":"and","start":11681.63,"end":11681.87},{"text":"rooted","start":11681.87,"end":11682.27},{"text":"in","start":11682.27,"end":11682.43},{"text":"strengthened","start":11682.43,"end":11683.07},{"text":"international","start":11683.55,"end":11684.43},{"text":"cooperation.","start":11684.67,"end":11685.39}]},{"text":"Ladies and gentlemen, for the State of Palestine, Unfortunately, we have not been able to do what we have to do in meeting our global agenda, 2030 agenda, because of what's happening on the ground.","start":11690.51,"end":11711.79,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"Ladies","start":11690.51,"end":11690.91},{"text":"and","start":11690.91,"end":11691.03},{"text":"gentlemen,","start":11691.03,"end":11691.63},{"text":"for","start":11692.75,"end":11693.23},{"text":"the","start":11695.07,"end":11695.19},{"text":"State","start":11695.23,"end":11695.55},{"text":"of","start":11695.59,"end":11695.67},{"text":"Palestine,","start":11695.67,"end":11696.43},{"text":"Unfortunately,","start":11698.39,"end":11699.31},{"text":"we","start":11700.83,"end":11701.03},{"text":"have","start":11701.03,"end":11701.15},{"text":"not","start":11701.15,"end":11701.39},{"text":"been","start":11701.39,"end":11701.55},{"text":"able","start":11701.59,"end":11701.87},{"text":"to","start":11701.87,"end":11702.27},{"text":"do","start":11703.79,"end":11703.99},{"text":"what","start":11703.99,"end":11704.19},{"text":"we","start":11704.19,"end":11704.31},{"text":"have","start":11704.31,"end":11704.51},{"text":"to","start":11704.51,"end":11704.63},{"text":"do","start":11704.63,"end":11704.83},{"text":"in","start":11704.83,"end":11704.99},{"text":"meeting","start":11705.23,"end":11705.71},{"text":"our","start":11705.71,"end":11706.11},{"text":"global","start":11707.07,"end":11707.39},{"text":"agenda,","start":11707.39,"end":11708.11},{"text":"2030","start":11708.11,"end":11708.87},{"text":"agenda,","start":11708.87,"end":11709.39},{"text":"because","start":11709.95,"end":11710.35},{"text":"of","start":11710.35,"end":11710.43},{"text":"what's","start":11710.43,"end":11710.75},{"text":"happening","start":11710.75,"end":11711.11},{"text":"on","start":11711.11,"end":11711.23},{"text":"the","start":11711.23,"end":11711.31},{"text":"ground.","start":11711.31,"end":11711.79}]},{"text":"As you know, in 2015, we pledged to leave nobody behind.","start":11712.67,"end":11718.71,"topics":[],"words":[{"text":"As","start":11712.67,"end":11712.91},{"text":"you","start":11712.91,"end":11713.07},{"text":"know,","start":11713.07,"end":11713.47},{"text":"in","start":11714.07,"end":11714.15},{"text":"2015,","start":11714.15,"end":11715.31},{"text":"we","start":11715.79,"end":11716.03},{"text":"pledged","start":11716.03,"end":11716.51},{"text":"to","start":11716.67,"end":11716.83},{"text":"leave","start":11716.83,"end":11717.07},{"text":"nobody","start":11717.07,"end":11717.79},{"text":"behind.","start":11718.03,"end":11718.71}]},{"text":"We also recognized that there is no sustainable development without peace, yet Regrettably, the State of Palestine and its people continue to be left far behind.","start":11719.39,"end":11732.43,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"We","start":11719.39,"end":11719.63},{"text":"also","start":11719.63,"end":11719.87},{"text":"recognized","start":11719.87,"end":11720.59},{"text":"that","start":11720.99,"end":11721.15},{"text":"there","start":11721.15,"end":11721.31},{"text":"is","start":11721.31,"end":11721.39},{"text":"no","start":11721.39,"end":11721.63},{"text":"sustainable","start":11721.63,"end":11722.31},{"text":"development","start":11722.31,"end":11723.07},{"text":"without","start":11723.71,"end":11724.11},{"text":"peace,","start":11724.11,"end":11724.59},{"text":"yet","start":11725.55,"end":11725.87},{"text":"Regrettably,","start":11726.67,"end":11727.39},{"text":"the","start":11727.79,"end":11727.91},{"text":"State","start":11727.91,"end":11728.19},{"text":"of","start":11728.19,"end":11728.27},{"text":"Palestine","start":11728.27,"end":11728.91},{"text":"and","start":11728.91,"end":11729.03},{"text":"its","start":11729.03,"end":11729.23},{"text":"people","start":11729.23,"end":11729.79},{"text":"continue","start":11730.11,"end":11730.67},{"text":"to","start":11730.67,"end":11730.79},{"text":"be","start":11730.79,"end":11730.99},{"text":"left","start":11730.99,"end":11731.39},{"text":"far","start":11731.63,"end":11731.95},{"text":"behind.","start":11731.95,"end":11732.43}]},{"text":"Israel, the occupying power, is systematically undermining Palestine's development and fiscal stability through a range of unlawful policies and actions, including the unlawful deductions from our clearance revenues, threatening to cut corresponding banking relations, escalating settler violence and military assaults, and imposing severe restrictions on access to our land and our resources.","start":11734.03,"end":11762.55,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."},{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}],"words":[{"text":"Israel,","start":11734.03,"end":11734.67},{"text":"the","start":11734.99,"end":11735.11},{"text":"occupying","start":11735.11,"end":11735.71},{"text":"power,","start":11735.71,"end":11736.19},{"text":"is","start":11737.07,"end":11737.31},{"text":"systematically","start":11737.31,"end":11738.35},{"text":"undermining","start":11738.47,"end":11739.07},{"text":"Palestine's","start":11739.07,"end":11739.67},{"text":"development","start":11739.67,"end":11740.43},{"text":"and","start":11740.75,"end":11740.95},{"text":"fiscal","start":11740.95,"end":11741.39},{"text":"stability","start":11741.39,"end":11742.19},{"text":"through","start":11742.67,"end":11742.91},{"text":"a","start":11742.91,"end":11742.95},{"text":"range","start":11742.95,"end":11743.31},{"text":"of","start":11743.31,"end":11743.39},{"text":"unlawful","start":11743.47,"end":11744.03},{"text":"policies","start":11744.03,"end":11744.75},{"text":"and","start":11744.91,"end":11745.15},{"text":"actions,","start":11745.15,"end":11745.71},{"text":"including","start":11746.51,"end":11746.99},{"text":"the","start":11746.99,"end":11747.11},{"text":"unlawful","start":11747.11,"end":11747.87},{"text":"deductions","start":11748.07,"end":11748.83},{"text":"from","start":11749.35,"end":11749.51},{"text":"our","start":11749.51,"end":11749.75},{"text":"clearance","start":11749.75,"end":11750.15},{"text":"revenues,","start":11750.15,"end":11750.79},{"text":"threatening","start":11751.11,"end":11751.59},{"text":"to","start":11751.59,"end":11751.75},{"text":"cut","start":11751.75,"end":11751.95},{"text":"corresponding","start":11751.95,"end":11752.59},{"text":"banking","start":11752.59,"end":11752.95},{"text":"relations,","start":11752.95,"end":11753.59},{"text":"escalating","start":11753.87,"end":11754.47},{"text":"settler","start":11754.47,"end":11754.87},{"text":"violence","start":11754.87,"end":11755.43},{"text":"and","start":11755.75,"end":11755.99},{"text":"military","start":11755.99,"end":11756.47},{"text":"assaults,","start":11756.47,"end":11757.03},{"text":"and","start":11757.19,"end":11757.35},{"text":"imposing","start":11757.35,"end":11757.91},{"text":"severe","start":11757.91,"end":11758.43},{"text":"restrictions","start":11758.43,"end":11759.27},{"text":"on","start":11759.43,"end":11759.59},{"text":"access","start":11759.59,"end":11760.15},{"text":"to","start":11760.39,"end":11760.71},{"text":"our","start":11760.71,"end":11760.79},{"text":"land","start":11760.79,"end":11761.27},{"text":"and","start":11761.47,"end":11761.63},{"text":"our","start":11761.63,"end":11761.87},{"text":"resources.","start":11761.87,"end":11762.55}]},{"text":"These measures continue to suffocate Palestinian life and to obstruct access to healthcare, education, and employment.","start":11763.59,"end":11772.75,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."}],"words":[{"text":"These","start":11763.59,"end":11763.91},{"text":"measures","start":11763.91,"end":11764.55},{"text":"continue","start":11765.03,"end":11765.59},{"text":"to","start":11765.59,"end":11765.75},{"text":"suffocate","start":11765.75,"end":11766.31},{"text":"Palestinian","start":11766.31,"end":11766.87},{"text":"life","start":11766.87,"end":11767.27},{"text":"and","start":11767.91,"end":11768.19},{"text":"to","start":11768.19,"end":11768.31},{"text":"obstruct","start":11768.31,"end":11768.83},{"text":"access","start":11769.11,"end":11769.51},{"text":"to","start":11769.51,"end":11769.67},{"text":"healthcare,","start":11769.67,"end":11770.39},{"text":"education,","start":11770.83,"end":11771.59},{"text":"and","start":11771.91,"end":11772.11},{"text":"employment.","start":11772.11,"end":11772.75}]},{"text":"The crippled economic activity, driving a significant GDP contraction of more than 30% in 2024 and pushing unemployment rates beyond 50%.","start":11773.59,"end":11785.59,"topics":[{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. 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conference"}}],"topics":[{"key":"oda-and-grants","label":"Official Development Assistance and Grants","description":"Speakers warned that declining official development assistance is undermining development progress in poorer countries. They called on donor countries to meet long-standing ODA commitments and provide more stable, predictable, grant-based support."},{"key":"climate-finance","label":"Climate Finance","description":"Delegations repeatedly stressed the need for scaled-up, predictable, and accessible climate finance, especially for adaptation. They also highlighted the urgency of replenishing and operationalizing the Loss and Damage Fund and ensuring climate-vulnerable countries can invest in resilience without falling deeper into debt."},{"key":"debt-sustainability","label":"Debt Sustainability and Debt Relief","description":"A major theme was the growing debt burden on developing countries, especially SIDS, LDCs, and African states. Speakers urged debt restructuring, lower borrowing costs, state-contingent debt instruments, debt-for-development or debt-for-climate swaps, and more development-oriented debt frameworks."},{"key":"vulnerability-index","label":"Multidimensional Vulnerability Index","description":"Small island and other vulnerable countries pushed for the Multidimensional Vulnerability Index to be used in financing decisions. They argued it would better capture exposure to shocks, climate risks, and structural constraints than GDP per capita alone."},{"key":"peace-security-development","label":"Peace, Security, and Development","description":"Several speakers stressed that sustainable development cannot advance without peace and security. Conflict, terrorism, occupation, and war were described as direct obstacles to development financing, economic recovery, and achievement of the SDGs."},{"key":"tax-and-domestic-resources","label":"Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was the need to strengthen domestic revenue systems while improving international tax cooperation. This included support for a UN-led tax convention, fairer taxation of wealth and multinational profits, and stronger action against tax evasion and illicit financial flows."},{"key":"technology-and-digital-gap","label":"Technology Transfer and the Digital Divide","description":"Multiple delegations linked sustainable development to improved access to technology, innovation, and digital infrastructure. They called for technology transfer, capacity-building, and support to close the digital divide that continues to hold back developing countries."},{"key":"concessional-finance-access","label":"Access to Concessional Finance","description":"Several statements emphasized that vulnerable countries need better access to grants and concessional lending on fair terms. Speakers argued that eligibility rules should better reflect real vulnerability, rather than relying too narrowly on income-based measures."},{"key":"financial-architecture-reform","label":"Reform of the International Financial Architecture","description":"Many speakers called for deep changes to the global financial system so it becomes fairer, more inclusive, and more responsive to developing countries. This included reform of international financial institutions, credit rating practices, and decision-making rules that currently disadvantage vulnerable states."}]}}