{"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/es/asset/k1c/k1c3qg17j7?lang=en","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":"/es/asset/k1c/k1c3qg17j7.txt","guide":"/llms.txt"},"video":{"id":"k1c/k1c3qg17j7","kaltura_id":"1_c3qg17j7","title":"(2nd meeting) Preparatory Committee for the Fourth International Conference on Financing for Development, Second Session","clean_title":"(2nd meeting) Preparatory Committee for the Fourth International Conference on Financing for Development, Second Session","url":"https://webtv.un.org/en/asset/k1c/k1c3qg17j7","date":"2024-12-03T00:00:00.000Z","scheduled_time":"2024-12-03T20:00:00.000Z","status":"finished","duration":"07:05:48","category":"Conferences","body":null,"event_code":null,"event_type":null,"session_number":null,"pv_symbol":null,"pv_part":null,"slug":"asset/k1c/k1c3qg17j7"},"metadata":{"summary":"The Second Session of the Preparatory Committee for the Fourth International Conference on Financing for Development will be held in Conference Room 1 of the United Nations Headquarters in New York from 3 to 6 December 2024.","description":"Ministerial scene-setter: What are the key financing policy reforms and solutions that the fourth International Conference on Financing for Development should deliver?\n\nGeneral statements\n\nThe Fourth International Conference on Financing for Development (FfD4) will take place in Seville, Spain from 30 June to 3 July, 2025. The Conference will address new and emerging issues, and the urgent need to fully implement the Sustainable Development Goals, and support reform of the international financial architecture.\n\nFfD4 will assess the progress made in the implementation of the Monterrey Consensus, the Doha Declaration and the Addis Ababa Action agenda.","categories":["Meetings & Events","Conferences","International Conference on Financing for Development","Fourth Session"],"geographic_subject":[],"subject_topical":["FINANCE","DEVELOPMENT","SUSTAINABLE DEVELOPMENT","SUSTAINABLE DEVELOPMENT GOALS"],"corporate_name":[],"speaker_affiliation":[],"related_documents":[{"title":"Second Preparatory Committee Session for FfD4","url":"https://financing.desa.un.org/preparatory-process-ffd4/second-prepcom"}]},"transcript":{"transcript_id":"azure-llm-speech-50e311d1-f461-4db8-beda-688780fc17ec","language":"en","data":[{"statement_number":1,"start":2.51,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=3","paragraphs":[{"sentences":[{"text":"Good afternoon.","start":2.51,"end":3.47,"topics":[],"words":[{"text":"Good","start":2.51,"end":2.75},{"text":"afternoon.","start":2.75,"end":3.47}]},{"text":"I call to order the second meeting of the second session of the Preparatory Committee for the Fourth International Conference on Financing for 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debate.","start":89.15,"end":100.51,"topics":[],"words":[{"text":"Kindly","start":89.15,"end":89.63},{"text":"note","start":89.63,"end":89.87},{"text":"that","start":89.87,"end":90.11},{"text":"this","start":90.11,"end":90.35},{"text":"measure","start":90.35,"end":90.99},{"text":"is","start":91.07,"end":91.23},{"text":"being","start":91.23,"end":91.43},{"text":"taken","start":91.47,"end":92.11},{"text":"to","start":92.51,"end":92.63},{"text":"ensure","start":92.63,"end":93.07},{"text":"that","start":93.07,"end":93.31},{"text":"all","start":93.31,"end":93.47},{"text":"speakers","start":93.47,"end":94.27},{"text":"can","start":94.43,"end":94.67},{"text":"deliver","start":94.67,"end":95.03},{"text":"their","start":95.03,"end":95.23},{"text":"statements","start":95.23,"end":95.95},{"text":"in","start":96.19,"end":96.51},{"text":"the","start":96.51,"end":96.59},{"text":"limited","start":96.59,"end":97.31},{"text":"time","start":97.39,"end":97.87},{"text":"available","start":97.95,"end":98.67},{"text":"for","start":98.95,"end":99.07},{"text":"the","start":99.07,"end":99.19},{"text":"general","start":99.23,"end":99.71},{"text":"debate.","start":99.87,"end":100.51}]},{"text":"Thank you in advance for your understanding.","start":101.71,"end":103.63,"topics":[],"words":[{"text":"Thank","start":101.71,"end":101.99},{"text":"you","start":101.99,"end":102.07},{"text":"in","start":102.07,"end":102.19},{"text":"advance","start":102.19,"end":102.63},{"text":"for","start":102.63,"end":102.75},{"text":"your","start":102.75,"end":102.87},{"text":"understanding.","start":102.87,"end":103.63}]},{"text":"And full versions of longer statements can be submitted to the Secretariat.","start":104.51,"end":111.31,"topics":[],"words":[{"text":"And","start":104.51,"end":104.91},{"text":"full","start":104.91,"end":105.31},{"text":"versions","start":105.31,"end":106.07},{"text":"of","start":106.07,"end":106.27},{"text":"longer","start":106.27,"end":106.59},{"text":"statements","start":106.59,"end":107.47},{"text":"can","start":108.03,"end":108.35},{"text":"be","start":108.35,"end":108.51},{"text":"submitted","start":108.51,"end":109.31},{"text":"to","start":109.63,"end":109.87},{"text":"the","start":110.03,"end":110.19},{"text":"Secretariat.","start":110.19,"end":111.31}]},{"text":"distinguished delegates, I now give the floor to the distinguished delegate, His Excellency Professor Mutuli Mube, the Minister of Finance, Economic Development and Investment Promotion of Zimbabwe, my 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the fourth international conference on financing for development, FFD4, in Spain in June 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commend the efforts behind the elements paper, which offers valuable insights for mobilizing financing for sustainable development.","start":157.59,"end":167.51,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"We","start":157.59,"end":157.83},{"text":"commend","start":157.83,"end":158.19},{"text":"the","start":158.19,"end":158.27},{"text":"efforts","start":158.27,"end":158.87},{"text":"behind","start":158.87,"end":159.39},{"text":"the","start":159.39,"end":159.47},{"text":"elements","start":159.47,"end":159.91},{"text":"paper,","start":159.91,"end":160.31},{"text":"which","start":161.51,"end":161.75},{"text":"offers","start":161.75,"end":162.31},{"text":"valuable","start":162.47,"end":163.03},{"text":"insights","start":163.03,"end":163.59},{"text":"for","start":163.79,"end":163.91},{"text":"mobilizing","start":163.91,"end":164.71},{"text":"financing","start":165.35,"end":165.91},{"text":"for","start":165.91,"end":166.03},{"text":"sustainable","start":166.03,"end":166.63},{"text":"development.","start":166.63,"end":167.51}]},{"text":"It is clear that the current global financial architecture has failed to address the growing financial demands for sustainable development, climate action, and debt sustainability.","start":168.31,"end":178.31,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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this regard, our delegation wishes to highlight some key points.","start":360.59,"end":364.55,"topics":[],"words":[{"text":"In","start":360.59,"end":360.67},{"text":"this","start":360.67,"end":360.87},{"text":"regard,","start":360.87,"end":361.35},{"text":"our","start":361.35,"end":361.51},{"text":"delegation","start":361.51,"end":362.23},{"text":"wishes","start":362.23,"end":362.55},{"text":"to","start":362.55,"end":362.79},{"text":"highlight","start":362.79,"end":363.15},{"text":"some","start":363.15,"end":363.67},{"text":"key","start":363.67,"end":363.91},{"text":"points.","start":363.91,"end":364.55}]},{"text":"First, Indonesia recognizes that closing the SDG financing gap, particularly for developing countries, currently estimated in four trillion US dollar requires urgent and innovative solutions, among others through catalyzing public and private financing at every level.","start":365.43,"end":383.31,"topics":[{"key":"private-finance","label":"Private Finance 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we are of the view that the conference in 2025 must strive to deliver actionable outcomes for the best interests of present and future 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this connection, we shall be able to connect all the dots of our commitments, including from the recent Pact for the Future and SDG political declarations, to ensure that they are continuously advancing and that we will remain steadfastly committed to achieving the SDGs by 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shall sustain our efforts to build the future we want by addressing challenges to sustainable development by 2030 and 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let us work hand in hand to ensure that no one is left behind in our collective journey toward a just and sustainable future.","start":558.79,"end":566.63,"topics":[],"words":[{"text":"Together,","start":558.79,"end":559.19},{"text":"let","start":559.19,"end":559.43},{"text":"us","start":559.43,"end":559.59},{"text":"work","start":559.59,"end":559.87},{"text":"hand","start":559.87,"end":560.11},{"text":"in","start":560.11,"end":560.23},{"text":"hand","start":560.23,"end":560.51},{"text":"to","start":560.51,"end":560.59},{"text":"ensure","start":560.59,"end":561.03},{"text":"that","start":561.03,"end":561.23},{"text":"no","start":561.23,"end":561.39},{"text":"one","start":561.39,"end":561.67},{"text":"is","start":561.67,"end":561.91},{"text":"left","start":561.91,"end":562.23},{"text":"behind","start":562.23,"end":562.87},{"text":"in","start":563.03,"end":563.19},{"text":"our","start":563.19,"end":563.43},{"text":"collective","start":563.43,"end":563.91},{"text":"journey","start":563.91,"end":564.31},{"text":"toward","start":564.31,"end":564.79},{"text":"a","start":564.79,"end":564.87},{"text":"just","start":564.87,"end":565.31},{"text":"and","start":565.31,"end":565.47},{"text":"sustainable","start":565.47,"end":566.11},{"text":"future.","start":566.11,"end":566.63}]},{"text":"I thank you.","start":566.87,"end":567.47,"topics":[],"words":[{"text":"I","start":566.87,"end":567.11},{"text":"thank","start":567.11,"end":567.35},{"text":"you.","start":567.35,"end":567.47}]}]}],"speaker":{"name":"Senada Tyson Husudungan","affiliation":"IDN","affiliation_full":"Indonesia","group":null,"function":"Deputy Minister for Development Funding"}},{"statement_number":5,"start":569.91,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=570","paragraphs":[{"sentences":[{"text":"I thank the Deputy Minister of Indonesia for his statement.","start":569.91,"end":573.43,"topics":[],"words":[{"text":"I","start":569.91,"end":570.07},{"text":"thank","start":570.07,"end":570.31},{"text":"the","start":570.31,"end":570.43},{"text":"Deputy","start":570.43,"end":570.79},{"text":"Minister","start":570.79,"end":571.27},{"text":"of","start":571.27,"end":571.67},{"text":"Indonesia","start":571.67,"end":572.31},{"text":"for","start":572.31,"end":572.63},{"text":"his","start":572.63,"end":572.83},{"text":"statement.","start":572.83,"end":573.43}]},{"text":"And I now give the floor to the distinguished Deputy Minister of Finance of Lao People's Democratic Republic, Mr. Phouvong Kitabong.","start":573.83,"end":584.47,"topics":[],"words":[{"text":"And","start":573.83,"end":574.07},{"text":"I","start":574.07,"end":574.11},{"text":"now","start":574.11,"end":574.23},{"text":"give","start":574.23,"end":574.47},{"text":"the","start":574.47,"end":574.59},{"text":"floor","start":574.59,"end":575.11},{"text":"to","start":575.43,"end":575.55},{"text":"the","start":575.59,"end":575.71},{"text":"distinguished","start":575.71,"end":576.55},{"text":"Deputy","start":577.51,"end":577.79},{"text":"Minister","start":577.79,"end":578.23},{"text":"of","start":578.23,"end":578.31},{"text":"Finance","start":578.31,"end":579.03},{"text":"of","start":579.35,"end":579.75},{"text":"Lao","start":579.99,"end":580.39},{"text":"People's","start":580.55,"end":581.03},{"text":"Democratic","start":581.03,"end":581.51},{"text":"Republic,","start":581.51,"end":582.15},{"text":"Mr.","start":582.47,"end":582.95},{"text":"Phouvong","start":582.95,"end":583.59},{"text":"Kitabong.","start":583.83,"end":584.47}]},{"text":"You have the floor, Deputy Minister.","start":584.63,"end":586.11,"topics":[],"words":[{"text":"You","start":584.63,"end":584.75},{"text":"have","start":584.75,"end":584.87},{"text":"the","start":584.87,"end":584.95},{"text":"floor,","start":584.95,"end":585.35},{"text":"Deputy","start":585.35,"end":585.75},{"text":"Minister.","start":585.75,"end":586.11}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":6,"start":588.95,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=589","paragraphs":[{"sentences":[{"text":"Thank you, Chair.","start":588.95,"end":590.03,"topics":[],"words":[{"text":"Thank","start":588.95,"end":589.23},{"text":"you,","start":589.23,"end":589.47},{"text":"Chair.","start":589.55,"end":590.03}]},{"text":"Excellency, ladies and gentlemen, global health, economic, and environmental crisis are becoming more and not enough has been done to make less development country, LDC, more resilient or to boost income.","start":591.55,"end":611.47,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Excellency,","start":591.55,"end":592.51},{"text":"ladies","start":592.75,"end":593.23},{"text":"and","start":593.23,"end":593.55},{"text":"gentlemen,","start":593.55,"end":594.19},{"text":"global","start":594.83,"end":595.31},{"text":"health,","start":595.31,"end":595.63},{"text":"economic,","start":595.99,"end":596.59},{"text":"and","start":596.83,"end":597.07},{"text":"environmental","start":597.07,"end":598.11},{"text":"crisis","start":598.43,"end":598.95},{"text":"are","start":599.51,"end":599.59},{"text":"becoming","start":599.59,"end":600.35},{"text":"more","start":600.59,"end":601.47},{"text":"and","start":601.47,"end":601.75},{"text":"not","start":602.35,"end":602.67},{"text":"enough","start":602.67,"end":603.03},{"text":"has","start":603.31,"end":603.51},{"text":"been","start":603.55,"end":603.79},{"text":"done","start":603.79,"end":604.19},{"text":"to","start":604.59,"end":604.75},{"text":"make","start":604.75,"end":605.07},{"text":"less","start":605.15,"end":605.47},{"text":"development","start":605.79,"end":606.39},{"text":"country,","start":606.39,"end":607.07},{"text":"LDC,","start":607.23,"end":607.87},{"text":"more","start":608.59,"end":608.95},{"text":"resilient","start":608.95,"end":609.67},{"text":"or","start":609.67,"end":610.03},{"text":"to","start":610.19,"end":610.43},{"text":"boost","start":610.43,"end":610.71},{"text":"income.","start":610.91,"end":611.47}]},{"text":"As we are working toward the full financing for development the support measures for LDC should be much more and funds must be available at the required scale, delivered to local and fund local in segment and underpinned by international financial mechanism adaptation to LDC specific needs.","start":612.03,"end":642.11,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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is vital to consider the needs of low middle income like Honduras that face specific challenges like vulnerability to climate change, poverty and inequality.","start":845.51,"end":858.71,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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SDGs.","start":990.15,"end":997.75,"topics":[],"words":[{"text":"This","start":990.15,"end":990.63},{"text":"agenda","start":990.63,"end":991.43},{"text":"was","start":991.43,"end":991.67},{"text":"a","start":991.67,"end":991.71},{"text":"milestone","start":991.71,"end":992.31},{"text":"for","start":992.31,"end":992.47},{"text":"sustainable","start":992.47,"end":993.03},{"text":"development,","start":993.03,"end":993.67},{"text":"yet","start":994.15,"end":994.47},{"text":"finance","start":994.47,"end":994.95},{"text":"remains","start":994.95,"end":995.31},{"text":"a","start":995.31,"end":995.35},{"text":"major","start":995.35,"end":995.75},{"text":"obstacle","start":995.75,"end":996.31},{"text":"to","start":996.31,"end":996.43},{"text":"achieving","start":996.43,"end":996.83},{"text":"the","start":996.83,"end":997.03},{"text":"SDGs.","start":997.03,"end":997.75}]},{"text":"Estimates place the annual financing gap at over $2 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now.","start":1119.35,"end":1121.11,"topics":[],"words":[{"text":"The","start":1119.35,"end":1119.39},{"text":"time","start":1119.39,"end":1119.67},{"text":"for","start":1119.67,"end":1119.83},{"text":"bold","start":1119.83,"end":1120.03},{"text":"solutions","start":1120.03,"end":1120.63},{"text":"is","start":1120.63,"end":1120.79},{"text":"now.","start":1120.79,"end":1121.11}]},{"text":"Let us craft an outcome that drives resilience and sustainability.","start":1121.51,"end":1125.11,"topics":[],"words":[{"text":"Let","start":1121.51,"end":1121.71},{"text":"us","start":1121.71,"end":1121.83},{"text":"craft","start":1121.83,"end":1122.15},{"text":"an","start":1122.15,"end":1122.31},{"text":"outcome","start":1122.31,"end":1122.63},{"text":"that","start":1122.63,"end":1122.79},{"text":"drives","start":1122.79,"end":1123.27},{"text":"resilience","start":1123.43,"end":1124.07},{"text":"and","start":1124.07,"end":1124.23},{"text":"sustainability.","start":1124.23,"end":1125.11}]},{"text":"Let us ensure FFD4 injects fresh momentum for global development.","start":1125.67,"end":1130.55,"topics":[],"words":[{"text":"Let","start":1125.67,"end":1125.83},{"text":"us","start":1125.83,"end":1125.95},{"text":"ensure","start":1125.95,"end":1126.55},{"text":"FFD4","start":1126.55,"end":1127.23},{"text":"injects","start":1127.23,"end":1127.75},{"text":"fresh","start":1127.83,"end":1128.23},{"text":"momentum","start":1128.23,"end":1128.87},{"text":"for","start":1128.87,"end":1129.11},{"text":"global","start":1129.11,"end":1129.67},{"text":"development.","start":1129.91,"end":1130.55}]},{"text":"Thank you.","start":1130.87,"end":1131.27,"topics":[],"words":[{"text":"Thank","start":1130.87,"end":1131.19},{"text":"you.","start":1131.19,"end":1131.27}]}]}],"speaker":{"name":"Hassan Miraz","affiliation":"MDV","affiliation_full":"Maldives","group":null,"function":"Deputy Minister of Finance"}},{"statement_number":11,"start":1134.39,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=1135","paragraphs":[{"sentences":[{"text":"I thank the Deputy 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me first thank the co-facilitators for the elements paper.","start":1158.79,"end":1161.95,"topics":[],"words":[{"text":"Let","start":1158.79,"end":1158.95},{"text":"me","start":1158.95,"end":1159.07},{"text":"first","start":1159.07,"end":1159.39},{"text":"thank","start":1159.39,"end":1159.59},{"text":"the","start":1159.59,"end":1159.71},{"text":"co-facilitators","start":1159.71,"end":1160.75},{"text":"for","start":1160.75,"end":1160.91},{"text":"the","start":1160.91,"end":1161.03},{"text":"elements","start":1161.03,"end":1161.47},{"text":"paper.","start":1161.47,"end":1161.95}]},{"text":"A strengthened financing for development agenda should match ambitions with transformative actions to deliver on the SDGs, addressing global challenges and cross-cutting issues.","start":1162.59,"end":1172.27,"topics":[],"words":[{"text":"A","start":1162.59,"end":1162.63},{"text":"strengthened","start":1162.63,"end":1163.31},{"text":"financing","start":1163.55,"end":1164.03},{"text":"for","start":1164.03,"end":1164.23},{"text":"development","start":1164.23,"end":1164.67},{"text":"agenda","start":1164.67,"end":1165.07},{"text":"should","start":1165.07,"end":1165.23},{"text":"match","start":1165.23,"end":1165.55},{"text":"ambitions","start":1165.55,"end":1166.35},{"text":"with","start":1166.35,"end":1166.59},{"text":"transformative","start":1166.59,"end":1167.39},{"text":"actions","start":1167.39,"end":1167.79},{"text":"to","start":1167.79,"end":1167.91},{"text":"deliver","start":1167.91,"end":1168.39},{"text":"on","start":1168.39,"end":1168.51},{"text":"the","start":1168.51,"end":1168.63},{"text":"SDGs,","start":1168.63,"end":1169.31},{"text":"addressing","start":1169.63,"end":1170.07},{"text":"global","start":1170.07,"end":1170.43},{"text":"challenges","start":1170.43,"end":1171.03},{"text":"and","start":1171.03,"end":1171.15},{"text":"cross-cutting","start":1171.15,"end":1171.71},{"text":"issues.","start":1171.71,"end":1172.27}]},{"text":"FFD 4 needs to enhance ownership, trust in multilateralism, inclusive and support gender equality.","start":1172.87,"end":1182.35,"topics":[],"words":[{"text":"FFD","start":1172.87,"end":1173.31},{"text":"4","start":1173.31,"end":1173.71},{"text":"needs","start":1173.71,"end":1173.91},{"text":"to","start":1173.91,"end":1174.19},{"text":"enhance","start":1174.35,"end":1174.91},{"text":"ownership,","start":1174.91,"end":1175.47},{"text":"trust","start":1175.47,"end":1176.03},{"text":"in","start":1176.03,"end":1176.19},{"text":"multilateralism,","start":1176.19,"end":1177.31},{"text":"inclusive","start":1178.27,"end":1178.99},{"text":"and","start":1180.43,"end":1180.75},{"text":"support","start":1180.91,"end":1181.39},{"text":"gender","start":1181.39,"end":1181.71},{"text":"equality.","start":1181.71,"end":1182.35}]},{"text":"It should leave no one behind and build on inclusive and sorry on summit for the future.","start":1182.75,"end":1189.95,"topics":[],"words":[{"text":"It","start":1182.75,"end":1182.91},{"text":"should","start":1182.91,"end":1183.15},{"text":"leave","start":1183.15,"end":1183.31},{"text":"no","start":1183.31,"end":1183.51},{"text":"one","start":1183.51,"end":1183.71},{"text":"behind","start":1183.71,"end":1184.15},{"text":"and","start":1184.15,"end":1184.27},{"text":"build","start":1184.27,"end":1184.59},{"text":"on","start":1184.59,"end":1184.91},{"text":"inclusive","start":1185.63,"end":1186.35},{"text":"and","start":1186.83,"end":1187.23},{"text":"sorry","start":1187.87,"end":1188.19},{"text":"on","start":1188.43,"end":1188.75},{"text":"summit","start":1188.75,"end":1189.15},{"text":"for","start":1189.15,"end":1189.39},{"text":"the","start":1189.39,"end":1189.47},{"text":"future.","start":1189.47,"end":1189.95}]},{"text":"We reaffirm our commitment to the FFD 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EU initiatives include the Paris Pact for People and the Planet and the Hamburg Sustainability Conference.","start":1207.47,"end":1213.87,"topics":[],"words":[{"text":"Other","start":1207.47,"end":1207.71},{"text":"EU","start":1207.71,"end":1207.95},{"text":"initiatives","start":1207.95,"end":1208.51},{"text":"include","start":1208.51,"end":1208.95},{"text":"the","start":1208.95,"end":1209.03},{"text":"Paris","start":1209.07,"end":1209.39},{"text":"Pact","start":1209.39,"end":1209.67},{"text":"for","start":1209.67,"end":1209.87},{"text":"People","start":1209.87,"end":1210.19},{"text":"and","start":1210.19,"end":1210.35},{"text":"the","start":1210.35,"end":1210.43},{"text":"Planet","start":1210.43,"end":1210.83},{"text":"and","start":1211.31,"end":1211.43},{"text":"the","start":1211.43,"end":1211.51},{"text":"Hamburg","start":1211.51,"end":1212.07},{"text":"Sustainability","start":1212.35,"end":1213.23},{"text":"Conference.","start":1213.23,"end":1213.87}]},{"text":"FFD4 should ensure 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a priority today is not to create new debt relief mechanisms, but to scale up the implementation of existing initiatives.","start":1252.71,"end":1261.99,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Similarly,","start":1252.71,"end":1253.43},{"text":"a","start":1253.75,"end":1253.83},{"text":"priority","start":1254.07,"end":1254.75},{"text":"today","start":1254.75,"end":1255.27},{"text":"is","start":1255.43,"end":1255.83},{"text":"not","start":1255.91,"end":1256.19},{"text":"to","start":1256.19,"end":1256.27},{"text":"create","start":1256.27,"end":1256.63},{"text":"new","start":1256.63,"end":1256.79},{"text":"debt","start":1256.79,"end":1257.19},{"text":"relief","start":1257.19,"end":1257.51},{"text":"mechanisms,","start":1257.51,"end":1258.23},{"text":"but","start":1258.23,"end":1258.43},{"text":"to","start":1258.43,"end":1258.51},{"text":"scale","start":1258.51,"end":1258.87},{"text":"up","start":1258.87,"end":1259.11},{"text":"the","start":1259.43,"end":1259.63},{"text":"implementation","start":1259.63,"end":1260.47},{"text":"of","start":1260.47,"end":1260.71},{"text":"existing","start":1260.71,"end":1261.23},{"text":"initiatives.","start":1261.23,"end":1261.99}]},{"text":"There is a need to step up and improve the implementation of the G20 common framework and debt treatments.","start":1262.39,"end":1268.23,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"We","start":1281.27,"end":1281.43},{"text":"will","start":1281.43,"end":1281.59},{"text":"continue","start":1281.59,"end":1282.19},{"text":"supporting","start":1282.19,"end":1282.63},{"text":"countries'","start":1282.63,"end":1283.03},{"text":"efforts","start":1283.03,"end":1283.43},{"text":"to","start":1283.43,"end":1283.51},{"text":"implement","start":1283.51,"end":1283.91},{"text":"long-term","start":1283.91,"end":1284.35},{"text":"stability-oriented","start":1284.35,"end":1285.39},{"text":"macroeconomic","start":1285.39,"end":1286.15},{"text":"policies,","start":1286.15,"end":1286.87},{"text":"sound","start":1286.95,"end":1287.35},{"text":"public","start":1287.35,"end":1287.67},{"text":"debt","start":1287.67,"end":1287.91},{"text":"management,","start":1287.91,"end":1288.63},{"text":"and","start":1288.71,"end":1288.99},{"text":"debt","start":1288.99,"end":1289.15},{"text":"transparency.","start":1289.15,"end":1290.07}]},{"text":"We welcome the call for strengthening domestic revenue mobilization, enhancing international tax cooperation, and fighting against illicit financial flows.","start":1290.63,"end":1299.43,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"We","start":1290.63,"end":1290.79},{"text":"welcome","start":1290.79,"end":1291.19},{"text":"the","start":1291.19,"end":1291.27},{"text":"call","start":1291.27,"end":1291.67},{"text":"for","start":1291.67,"end":1291.99},{"text":"strengthening","start":1291.99,"end":1292.51},{"text":"domestic","start":1292.51,"end":1293.03},{"text":"revenue","start":1293.03,"end":1293.43},{"text":"mobilization,","start":1293.43,"end":1294.39},{"text":"enhancing","start":1294.47,"end":1295.03},{"text":"international","start":1295.03,"end":1295.67},{"text":"tax","start":1295.67,"end":1295.91},{"text":"cooperation,","start":1295.91,"end":1296.71},{"text":"and","start":1296.99,"end":1297.19},{"text":"fighting","start":1297.19,"end":1297.59},{"text":"against","start":1297.59,"end":1297.95},{"text":"illicit","start":1297.95,"end":1298.31},{"text":"financial","start":1298.31,"end":1299.03},{"text":"flows.","start":1299.03,"end":1299.43}]},{"text":"Further, public spending should be transparent, efficient, accountable, and aligned with the SDGs.","start":1300.11,"end":1306.19,"topics":[],"words":[{"text":"Further,","start":1300.11,"end":1300.59},{"text":"public","start":1300.91,"end":1301.23},{"text":"spending","start":1301.23,"end":1301.63},{"text":"should","start":1301.63,"end":1301.83},{"text":"be","start":1301.83,"end":1301.99},{"text":"transparent,","start":1301.99,"end":1302.75},{"text":"efficient,","start":1302.83,"end":1303.47},{"text":"accountable,","start":1303.47,"end":1304.27},{"text":"and","start":1304.31,"end":1304.47},{"text":"aligned","start":1304.47,"end":1304.83},{"text":"with","start":1304.83,"end":1305.11},{"text":"the","start":1305.11,"end":1305.19},{"text":"SDGs.","start":1305.31,"end":1306.19}]},{"text":"We welcome the progress achieved in the MDBs reform agenda.","start":1307.07,"end":1310.43,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"We","start":1307.07,"end":1307.27},{"text":"welcome","start":1307.27,"end":1307.67},{"text":"the","start":1307.67,"end":1307.79},{"text":"progress","start":1307.79,"end":1308.27},{"text":"achieved","start":1308.27,"end":1308.67},{"text":"in","start":1308.67,"end":1308.83},{"text":"the","start":1308.83,"end":1308.95},{"text":"MDBs","start":1308.95,"end":1309.47},{"text":"reform","start":1309.47,"end":1309.87},{"text":"agenda.","start":1309.87,"end":1310.43}]},{"text":"We suggest stronger focus on implementation of the G20 roadmap for better, bigger, and more efficient and effective MDBs.","start":1310.59,"end":1318.35,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"We","start":1310.59,"end":1310.79},{"text":"suggest","start":1310.79,"end":1311.23},{"text":"stronger","start":1311.23,"end":1311.67},{"text":"focus","start":1311.67,"end":1312.03},{"text":"on","start":1312.03,"end":1312.15},{"text":"implementation","start":1312.15,"end":1312.87},{"text":"of","start":1312.87,"end":1312.99},{"text":"the","start":1312.99,"end":1313.07},{"text":"G20","start":1313.07,"end":1313.59},{"text":"roadmap","start":1313.59,"end":1314.11},{"text":"for","start":1314.11,"end":1314.27},{"text":"better,","start":1314.27,"end":1314.83},{"text":"bigger,","start":1314.99,"end":1315.39},{"text":"and","start":1315.39,"end":1315.55},{"text":"more","start":1315.55,"end":1315.79},{"text":"efficient","start":1315.79,"end":1316.43},{"text":"and","start":1316.75,"end":1316.99},{"text":"effective","start":1316.99,"end":1317.55},{"text":"MDBs.","start":1317.55,"end":1318.35}]},{"text":"We welcome the call for further ambitious implementation of the G20 capital adequacy framework recommendations to enhance MDBs financing capacity.","start":1318.67,"end":1328.59,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"We","start":1318.67,"end":1318.87},{"text":"welcome","start":1318.87,"end":1319.23},{"text":"the","start":1319.23,"end":1319.35},{"text":"call","start":1319.35,"end":1319.63},{"text":"for","start":1319.63,"end":1319.83},{"text":"further","start":1319.83,"end":1320.15},{"text":"ambitious","start":1320.15,"end":1320.91},{"text":"implementation","start":1321.23,"end":1322.43},{"text":"of","start":1322.43,"end":1322.63},{"text":"the","start":1322.63,"end":1322.75},{"text":"G20","start":1322.75,"end":1323.31},{"text":"capital","start":1323.31,"end":1323.79},{"text":"adequacy","start":1323.79,"end":1324.27},{"text":"framework","start":1324.27,"end":1324.75},{"text":"recommendations","start":1324.75,"end":1325.71},{"text":"to","start":1326.11,"end":1326.23},{"text":"enhance","start":1326.23,"end":1326.75},{"text":"MDBs","start":1326.75,"end":1327.39},{"text":"financing","start":1327.39,"end":1327.91},{"text":"capacity.","start":1327.91,"end":1328.59}]},{"text":"More focus should be paid on multilateral and national development banks cooperating as a system.","start":1329.27,"end":1334.63,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"We","start":1335.67,"end":1335.83},{"text":"support","start":1335.83,"end":1336.23},{"text":"the","start":1336.27,"end":1336.35},{"text":"ongoing","start":1336.35,"end":1336.71},{"text":"World","start":1336.71,"end":1336.99},{"text":"Trade","start":1336.99,"end":1337.27},{"text":"Organization","start":1337.27,"end":1337.99},{"text":"reform","start":1337.99,"end":1338.39},{"text":"process","start":1338.39,"end":1338.95},{"text":"and","start":1339.03,"end":1339.19},{"text":"are","start":1339.19,"end":1339.31},{"text":"committed","start":1339.31,"end":1339.79},{"text":"to","start":1339.79,"end":1339.87},{"text":"free,","start":1339.87,"end":1340.23},{"text":"fair,","start":1340.23,"end":1340.63},{"text":"and","start":1340.63,"end":1340.75},{"text":"sustainable","start":1340.75,"end":1341.35},{"text":"trade","start":1341.35,"end":1341.83},{"text":"and","start":1342.15,"end":1342.39},{"text":"to","start":1342.39,"end":1342.47},{"text":"the","start":1342.47,"end":1342.59},{"text":"international","start":1342.59,"end":1343.27},{"text":"rules-based","start":1343.27,"end":1343.87},{"text":"system","start":1343.87,"end":1344.31},{"text":"with","start":1344.63,"end":1344.83},{"text":"the","start":1344.83,"end":1344.91},{"text":"WTO","start":1344.91,"end":1345.75},{"text":"at","start":1345.91,"end":1346.11},{"text":"its","start":1346.11,"end":1346.23},{"text":"core.","start":1346.23,"end":1346.63}]},{"text":"Scaling up private finance is essential and should be supported through risk-sharing instruments such as guarantees and blending.","start":1347.35,"end":1354.47,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Scaling","start":1347.35,"end":1347.83},{"text":"up","start":1347.83,"end":1347.95},{"text":"private","start":1347.95,"end":1348.31},{"text":"finance","start":1348.31,"end":1348.95},{"text":"is","start":1348.95,"end":1349.11},{"text":"essential","start":1349.11,"end":1349.75},{"text":"and","start":1350.07,"end":1350.27},{"text":"should","start":1350.27,"end":1350.47},{"text":"be","start":1350.47,"end":1350.71},{"text":"supported","start":1350.71,"end":1351.35},{"text":"through","start":1351.35,"end":1351.59},{"text":"risk-sharing","start":1351.59,"end":1352.23},{"text":"instruments","start":1352.23,"end":1352.75},{"text":"such","start":1352.75,"end":1353.03},{"text":"as","start":1353.03,"end":1353.15},{"text":"guarantees","start":1353.15,"end":1353.83},{"text":"and","start":1353.83,"end":1354.03},{"text":"blending.","start":1354.03,"end":1354.47}]},{"text":"We would welcome even more emphasis on innovative financial instruments such as use of proceeds, thematic bonds and structures such as public private investment vehicles to crowd in institutional investors and to reach scale and impact.","start":1355.43,"end":1370.79,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"We","start":1355.43,"end":1355.51},{"text":"would","start":1355.51,"end":1355.67},{"text":"welcome","start":1355.67,"end":1356.23},{"text":"even","start":1356.23,"end":1356.47},{"text":"more","start":1356.47,"end":1356.79},{"text":"emphasis","start":1356.79,"end":1357.27},{"text":"on","start":1357.27,"end":1357.51},{"text":"innovative","start":1357.51,"end":1357.99},{"text":"financial","start":1357.99,"end":1358.47},{"text":"instruments","start":1358.47,"end":1359.11},{"text":"such","start":1359.11,"end":1359.35},{"text":"as","start":1359.35,"end":1359.59},{"text":"use","start":1359.59,"end":1359.87},{"text":"of","start":1359.87,"end":1359.99},{"text":"proceeds,","start":1359.99,"end":1360.63},{"text":"thematic","start":1360.63,"end":1361.03},{"text":"bonds","start":1361.03,"end":1361.59},{"text":"and","start":1361.59,"end":1361.83},{"text":"structures","start":1361.83,"end":1362.63},{"text":"such","start":1362.63,"end":1363.03},{"text":"as","start":1363.03,"end":1363.19},{"text":"public","start":1363.19,"end":1363.55},{"text":"private","start":1363.55,"end":1363.95},{"text":"investment","start":1363.95,"end":1364.47},{"text":"vehicles","start":1364.47,"end":1365.11},{"text":"to","start":1365.75,"end":1365.87},{"text":"crowd","start":1365.87,"end":1366.23},{"text":"in","start":1366.23,"end":1366.47},{"text":"institutional","start":1366.47,"end":1367.51},{"text":"investors","start":1367.51,"end":1368.31},{"text":"and","start":1368.31,"end":1368.43},{"text":"to","start":1368.43,"end":1368.55},{"text":"reach","start":1368.63,"end":1369.03},{"text":"scale","start":1369.03,"end":1369.59},{"text":"and","start":1369.75,"end":1370.15},{"text":"impact.","start":1370.23,"end":1370.79}]},{"text":"We welcome the emphasis on conducive environment to attract private investors, including through credible and interoperable sustainable finance frameworks, and enhancing interoperability between existing taxonomies worldwide rather than developing a new global SDG taxonomy based on objectives.","start":1371.75,"end":1388.95,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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look forward to further discussions ahead.","start":1444.15,"end":1446.71,"topics":[],"words":[{"text":"We","start":1444.15,"end":1444.35},{"text":"look","start":1444.35,"end":1444.63},{"text":"forward","start":1444.63,"end":1444.99},{"text":"to","start":1444.99,"end":1445.11},{"text":"further","start":1445.11,"end":1445.43},{"text":"discussions","start":1445.43,"end":1446.15},{"text":"ahead.","start":1446.23,"end":1446.71}]},{"text":"Thank you very much, Chair.","start":1446.87,"end":1448.07,"topics":[],"words":[{"text":"Thank","start":1446.87,"end":1447.11},{"text":"you","start":1447.11,"end":1447.27},{"text":"very","start":1447.39,"end":1447.59},{"text":"much,","start":1447.59,"end":1447.87},{"text":"Chair.","start":1447.87,"end":1448.07}]}]}],"speaker":{"name":"Atte Karhunen","affiliation":"EU","affiliation_full":"EU","group":"EU","function":"Minister"}},{"statement_number":13,"start":1450.71,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=1451","paragraphs":[{"sentences":[{"text":"I thank the Director, I thank Mr. Atte Karhunen for his statement.","start":1450.71,"end":1457.91,"topics":[],"words":[{"text":"I","start":1450.71,"end":1450.79},{"text":"thank","start":1450.95,"end":1451.51},{"text":"the","start":1452.47,"end":1452.59},{"text":"Director,","start":1452.63,"end":1453.31},{"text":"I","start":1454.31,"end":1454.39},{"text":"thank","start":1454.39,"end":1454.71},{"text":"Mr.","start":1454.71,"end":1455.11},{"text":"Atte","start":1455.11,"end":1455.43},{"text":"Karhunen","start":1455.83,"end":1456.55},{"text":"for","start":1456.71,"end":1457.03},{"text":"his","start":1457.03,"end":1457.23},{"text":"statement.","start":1457.23,"end":1457.91}]},{"text":"And I now give the floor to the distinguished representative of the Republic of Korea, Mr. Yong-Han Park, the Director General for Development Cooperation Division, the Ministry of Foreign 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have the floor, sir.","start":1471.67,"end":1472.47,"topics":[],"words":[{"text":"You","start":1471.67,"end":1471.79},{"text":"have","start":1471.79,"end":1471.91},{"text":"the","start":1471.91,"end":1471.99},{"text":"floor,","start":1471.99,"end":1472.27},{"text":"sir.","start":1472.27,"end":1472.47}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":14,"start":1475.27,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=1476","paragraphs":[{"sentences":[{"text":"Thank you, Madam Chair, Chair, Excellencies, distinguished delegates.","start":1475.27,"end":1480.39,"topics":[],"words":[{"text":"Thank","start":1475.27,"end":1475.51},{"text":"you,","start":1475.51,"end":1475.59},{"text":"Madam","start":1475.59,"end":1475.83},{"text":"Chair,","start":1475.83,"end":1476.39},{"text":"Chair,","start":1476.79,"end":1477.35},{"text":"Excellencies,","start":1477.91,"end":1478.79},{"text":"distinguished","start":1478.95,"end":1479.75},{"text":"delegates.","start":1479.75,"end":1480.39}]},{"text":"Let me begin by expressing my sincere gratitude to the co-facilitators.","start":1481.19,"end":1486.55,"topics":[],"words":[{"text":"Let","start":1481.19,"end":1481.35},{"text":"me","start":1481.35,"end":1481.47},{"text":"begin","start":1481.47,"end":1481.83},{"text":"by","start":1481.83,"end":1482.39},{"text":"expressing","start":1482.39,"end":1482.95},{"text":"my","start":1482.95,"end":1483.11},{"text":"sincere","start":1483.11,"end":1483.59},{"text":"gratitude","start":1483.59,"end":1484.31},{"text":"to","start":1484.79,"end":1485.11},{"text":"the","start":1485.11,"end":1485.35},{"text":"co-facilitators.","start":1485.35,"end":1486.55}]},{"text":"Mexico, Nepal, Norway, and Zambia, for their excellent job done in drafting this very comprehensive elements 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said that, I'd like to share a few general comments before we kickstart our deliberations on each element from tomorrow 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the final outcome document should be both ambitious and balanced.","start":1533.55,"end":1540.11,"topics":[],"words":[{"text":"First,","start":1533.55,"end":1534.11},{"text":"the","start":1535.07,"end":1535.23},{"text":"final","start":1535.23,"end":1535.95},{"text":"outcome","start":1536.43,"end":1536.83},{"text":"document","start":1536.83,"end":1537.47},{"text":"should","start":1537.47,"end":1537.79},{"text":"be","start":1537.79,"end":1537.87},{"text":"both","start":1537.87,"end":1538.27},{"text":"ambitious","start":1538.51,"end":1539.15},{"text":"and","start":1539.23,"end":1539.55},{"text":"balanced.","start":1539.55,"end":1540.11}]},{"text":"To address the widening gap in development finance, bold and ambitious actions are required.","start":1540.99,"end":1547.67,"topics":[],"words":[{"text":"To","start":1540.99,"end":1541.11},{"text":"address","start":1541.11,"end":1541.71},{"text":"the","start":1542.27,"end":1542.43},{"text":"widening","start":1542.43,"end":1542.99},{"text":"gap","start":1542.99,"end":1543.39},{"text":"in","start":1543.63,"end":1543.87},{"text":"development","start":1543.87,"end":1544.35},{"text":"finance,","start":1544.35,"end":1544.91},{"text":"bold","start":1544.99,"end":1545.47},{"text":"and","start":1545.47,"end":1545.67},{"text":"ambitious","start":1545.67,"end":1546.19},{"text":"actions","start":1546.19,"end":1546.83},{"text":"are","start":1546.83,"end":1546.95},{"text":"required.","start":1546.95,"end":1547.67}]},{"text":"Equally important is to make sure to strike a balance and be inclusive, as we have to have all the member states and stakeholders on board in its 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my delegation believes that we can make it happen and remain committed by working closely with the other 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robust global.","start":1701.55,"end":1703.55,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"We","start":1701.55,"end":1701.71},{"text":"advocate","start":1701.71,"end":1702.19},{"text":"for","start":1702.19,"end":1702.39},{"text":"a","start":1702.39,"end":1702.43},{"text":"robust","start":1702.43,"end":1703.15},{"text":"global.","start":1703.15,"end":1703.55}]}]},{"sentences":[{"text":"Financing framework that prioritizes the needs of developing countries, fosters innovation and cooperation, and respects country-specific approaches and development pathways.","start":1703.55,"end":1715.39,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Financing","start":1703.55,"end":1704.35},{"text":"framework","start":1704.35,"end":1704.99},{"text":"that","start":1705.23,"end":1705.55},{"text":"prioritizes","start":1705.55,"end":1706.51},{"text":"the","start":1706.51,"end":1706.63},{"text":"needs","start":1706.63,"end":1706.99},{"text":"of","start":1706.99,"end":1707.07},{"text":"developing","start":1707.07,"end":1707.63},{"text":"countries,","start":1707.63,"end":1708.27},{"text":"fosters","start":1708.59,"end":1709.23},{"text":"innovation","start":1709.23,"end":1710.11},{"text":"and","start":1710.11,"end":1710.39},{"text":"cooperation,","start":1710.39,"end":1711.23},{"text":"and","start":1711.47,"end":1711.75},{"text":"respects","start":1711.75,"end":1712.35},{"text":"country-specific","start":1712.35,"end":1713.31},{"text":"approaches","start":1713.31,"end":1713.95},{"text":"and","start":1713.95,"end":1714.07},{"text":"development","start":1714.07,"end":1714.67},{"text":"pathways.","start":1714.67,"end":1715.39}]},{"text":"We prioritize a human-centric approach to sustainable development, as demonstrated by India's success in lifting 250 million people out of poverty through targeted policy interventions and SDG localization, providing a replicable model for global south.","start":1716.27,"end":1733.35,"topics":[],"words":[{"text":"We","start":1716.27,"end":1716.43},{"text":"prioritize","start":1716.43,"end":1717.23},{"text":"a","start":1717.23,"end":1717.27},{"text":"human-centric","start":1717.27,"end":1718.07},{"text":"approach","start":1718.07,"end":1718.51},{"text":"to","start":1718.51,"end":1718.63},{"text":"sustainable","start":1718.63,"end":1719.27},{"text":"development,","start":1719.27,"end":1719.87},{"text":"as","start":1720.19,"end":1720.51},{"text":"demonstrated","start":1720.51,"end":1721.23},{"text":"by","start":1721.23,"end":1721.39},{"text":"India's","start":1721.39,"end":1721.95},{"text":"success","start":1721.95,"end":1722.51},{"text":"in","start":1722.51,"end":1722.67},{"text":"lifting","start":1722.67,"end":1723.15},{"text":"250","start":1723.15,"end":1724.15},{"text":"million","start":1724.15,"end":1724.51},{"text":"people","start":1724.51,"end":1724.91},{"text":"out","start":1724.91,"end":1725.15},{"text":"of","start":1725.15,"end":1725.31},{"text":"poverty","start":1725.31,"end":1725.95},{"text":"through","start":1726.35,"end":1726.59},{"text":"targeted","start":1726.59,"end":1727.07},{"text":"policy","start":1727.07,"end":1727.51},{"text":"interventions","start":1727.51,"end":1728.35},{"text":"and","start":1728.59,"end":1728.91},{"text":"SDG","start":1728.91,"end":1729.39},{"text":"localization,","start":1729.39,"end":1730.43},{"text":"providing","start":1730.67,"end":1731.31},{"text":"a","start":1731.31,"end":1731.39},{"text":"replicable","start":1731.39,"end":1732.07},{"text":"model","start":1732.07,"end":1732.51},{"text":"for","start":1732.51,"end":1732.67},{"text":"global","start":1732.67,"end":1733.07},{"text":"south.","start":1733.07,"end":1733.35}]},{"text":"To unlock the trillions of dollars needed for sustainable development, we propose a comprehensive approach encompassing the following five key areas.","start":1733.39,"end":1743.71,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"To","start":1733.39,"end":1733.59},{"text":"unlock","start":1734.75,"end":1735.11},{"text":"the","start":1735.11,"end":1735.27},{"text":"trillions","start":1735.27,"end":1735.71},{"text":"of","start":1735.71,"end":1735.79},{"text":"dollars","start":1735.79,"end":1736.27},{"text":"needed","start":1736.27,"end":1736.67},{"text":"for","start":1736.67,"end":1736.87},{"text":"sustainable","start":1736.87,"end":1737.51},{"text":"development,","start":1737.51,"end":1738.19},{"text":"we","start":1738.43,"end":1738.59},{"text":"propose","start":1738.59,"end":1739.15},{"text":"a","start":1739.15,"end":1739.23},{"text":"comprehensive","start":1739.23,"end":1740.03},{"text":"approach","start":1740.03,"end":1740.67},{"text":"encompassing","start":1740.75,"end":1741.71},{"text":"the","start":1741.71,"end":1741.79},{"text":"following","start":1741.79,"end":1742.35},{"text":"five","start":1742.35,"end":1742.75},{"text":"key","start":1742.75,"end":1743.07},{"text":"areas.","start":1743.07,"end":1743.71}]},{"text":"Firstly, we urge the developed countries to fulfill their ODA commitments, provide essential technology and capacity building support, and increase their contributions towards development financing, particularly through long-term concessional financing and grants.","start":1744.67,"end":1760.51,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"Firstly,","start":1744.67,"end":1745.23},{"text":"we","start":1745.47,"end":1745.71},{"text":"urge","start":1745.71,"end":1746.03},{"text":"the","start":1746.03,"end":1746.19},{"text":"developed","start":1746.19,"end":1746.63},{"text":"countries","start":1746.63,"end":1747.15},{"text":"to","start":1747.15,"end":1747.31},{"text":"fulfill","start":1747.31,"end":1747.79},{"text":"their","start":1747.79,"end":1748.11},{"text":"ODA","start":1748.11,"end":1748.43},{"text":"commitments,","start":1748.43,"end":1749.23},{"text":"provide","start":1749.55,"end":1750.03},{"text":"essential","start":1750.03,"end":1750.51},{"text":"technology","start":1750.51,"end":1751.23},{"text":"and","start":1751.23,"end":1751.35},{"text":"capacity","start":1751.35,"end":1751.95},{"text":"building","start":1751.95,"end":1752.27},{"text":"support,","start":1752.27,"end":1752.83},{"text":"and","start":1753.07,"end":1753.31},{"text":"increase","start":1753.31,"end":1753.75},{"text":"their","start":1753.75,"end":1753.95},{"text":"contributions","start":1753.95,"end":1754.75},{"text":"towards","start":1754.75,"end":1755.23},{"text":"development","start":1755.23,"end":1755.79},{"text":"financing,","start":1755.79,"end":1756.59},{"text":"particularly","start":1756.83,"end":1757.55},{"text":"through","start":1757.55,"end":1757.75},{"text":"long-term","start":1757.75,"end":1758.27},{"text":"concessional","start":1758.27,"end":1758.99},{"text":"financing","start":1758.99,"end":1759.63},{"text":"and","start":1759.63,"end":1759.83},{"text":"grants.","start":1759.83,"end":1760.51}]},{"text":"Secondly, the international financial architecture must be more responsive to the needs of the developing countries, including through their enhanced representation in the boards and management of international financial institutions.","start":1761.23,"end":1775.63,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Secondly,","start":1761.23,"end":1761.79},{"text":"the","start":1762.03,"end":1762.19},{"text":"international","start":1762.19,"end":1762.91},{"text":"financial","start":1762.91,"end":1763.47},{"text":"architecture","start":1763.47,"end":1764.11},{"text":"must","start":1764.11,"end":1764.35},{"text":"be","start":1764.35,"end":1764.47},{"text":"more","start":1764.47,"end":1764.71},{"text":"responsive","start":1764.71,"end":1765.55},{"text":"to","start":1765.79,"end":1765.95},{"text":"the","start":1765.95,"end":1766.07},{"text":"needs","start":1766.07,"end":1766.39},{"text":"of","start":1766.39,"end":1766.51},{"text":"the","start":1766.51,"end":1766.59},{"text":"developing","start":1766.59,"end":1767.15},{"text":"countries,","start":1767.15,"end":1767.79},{"text":"including","start":1768.03,"end":1768.67},{"text":"through","start":1768.67,"end":1768.99},{"text":"their","start":1768.99,"end":1769.31},{"text":"enhanced","start":1769.31,"end":1769.83},{"text":"representation","start":1769.83,"end":1770.91},{"text":"in","start":1771.15,"end":1771.35},{"text":"the","start":1771.35,"end":1771.47},{"text":"boards","start":1771.47,"end":1771.95},{"text":"and","start":1771.95,"end":1772.11},{"text":"management","start":1772.11,"end":1772.83},{"text":"of","start":1773.07,"end":1773.39},{"text":"international","start":1773.39,"end":1774.11},{"text":"financial","start":1774.11,"end":1774.67},{"text":"institutions.","start":1774.67,"end":1775.63}]},{"text":"Expanding MDB financing capacities coupled with greater synergy and cooperation within the MDB ecosystem is equally crucial.","start":1776.67,"end":1785.07,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Expanding","start":1776.67,"end":1777.39},{"text":"MDB","start":1777.39,"end":1777.87},{"text":"financing","start":1778.03,"end":1778.67},{"text":"capacities","start":1778.67,"end":1779.39},{"text":"coupled","start":1779.39,"end":1779.79},{"text":"with","start":1779.79,"end":1779.95},{"text":"greater","start":1779.95,"end":1780.31},{"text":"synergy","start":1780.31,"end":1780.79},{"text":"and","start":1780.79,"end":1780.95},{"text":"cooperation","start":1780.95,"end":1781.71},{"text":"within","start":1781.95,"end":1782.35},{"text":"the","start":1782.35,"end":1782.47},{"text":"MDB","start":1782.51,"end":1782.95},{"text":"ecosystem","start":1782.95,"end":1783.71},{"text":"is","start":1783.71,"end":1783.95},{"text":"equally","start":1783.95,"end":1784.43},{"text":"crucial.","start":1784.43,"end":1785.07}]},{"text":"Thirdly, India advocates for balanced digital governance that ensures safe and responsible use of technology while safeguarding national sovereignty and integrity.","start":1786.19,"end":1797.23,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"Thirdly,","start":1786.19,"end":1786.75},{"text":"India","start":1786.75,"end":1787.07},{"text":"advocates","start":1787.07,"end":1787.71},{"text":"for","start":1787.71,"end":1787.83},{"text":"balanced","start":1787.83,"end":1788.43},{"text":"digital","start":1788.43,"end":1788.99},{"text":"governance","start":1788.99,"end":1789.63},{"text":"that","start":1789.87,"end":1790.19},{"text":"ensures","start":1790.19,"end":1790.67},{"text":"safe","start":1790.67,"end":1791.07},{"text":"and","start":1791.07,"end":1791.23},{"text":"responsible","start":1791.23,"end":1791.99},{"text":"use","start":1791.99,"end":1792.23},{"text":"of","start":1792.27,"end":1792.51},{"text":"technology","start":1792.51,"end":1793.31},{"text":"while","start":1793.51,"end":1794.03},{"text":"safeguarding","start":1794.03,"end":1794.91},{"text":"national","start":1794.91,"end":1795.43},{"text":"sovereignty","start":1795.43,"end":1796.27},{"text":"and","start":1796.27,"end":1796.43},{"text":"integrity.","start":1796.43,"end":1797.23}]},{"text":"Fourthly, creating conducive regulatory and policy environment is essential for mobilizing affordable private finance to supplement domestic resources.","start":1798.83,"end":1808.91,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private 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global partnerships, particularly South-South and triangular cooperation to foster the exchange of knowledge, resources, and 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also value the contributions of CSOs, international organizations, and other stakeholders, particularly towards cross-cutting issues such as gender equality, enhancing the inclusivity and transparency in this 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expect the outcome document to reflect a transformative approach to addressing global development challenges.","start":1851.31,"end":1858.11,"topics":[],"words":[{"text":"We","start":1851.31,"end":1851.51},{"text":"expect","start":1851.51,"end":1851.95},{"text":"the","start":1851.95,"end":1852.19},{"text":"outcome","start":1852.19,"end":1852.59},{"text":"document","start":1852.59,"end":1853.23},{"text":"to","start":1853.47,"end":1853.59},{"text":"reflect","start":1853.59,"end":1854.11},{"text":"a","start":1854.11,"end":1854.15},{"text":"transformative","start":1854.15,"end":1855.07},{"text":"approach","start":1855.07,"end":1855.63},{"text":"to","start":1855.63,"end":1855.83},{"text":"addressing","start":1855.83,"end":1856.43},{"text":"global","start":1856.43,"end":1856.75},{"text":"development","start":1856.75,"end":1857.35},{"text":"challenges.","start":1857.35,"end":1858.11}]},{"text":"India is committed to ensuring that this document translates into tangible outcomes that meet the diverse needs of our people and planet.","start":1858.79,"end":1867.43,"topics":[],"words":[{"text":"India","start":1858.79,"end":1859.11},{"text":"is","start":1859.11,"end":1859.35},{"text":"committed","start":1859.35,"end":1859.83},{"text":"to","start":1859.83,"end":1859.95},{"text":"ensuring","start":1859.95,"end":1860.55},{"text":"that","start":1860.55,"end":1860.71},{"text":"this","start":1860.71,"end":1860.87},{"text":"document","start":1860.87,"end":1861.59},{"text":"translates","start":1861.83,"end":1862.55},{"text":"into","start":1862.55,"end":1862.79},{"text":"tangible","start":1862.79,"end":1863.27},{"text":"outcomes","start":1863.27,"end":1863.99},{"text":"that","start":1864.15,"end":1864.47},{"text":"meet","start":1864.47,"end":1864.79},{"text":"the","start":1864.79,"end":1864.95},{"text":"diverse","start":1864.95,"end":1865.43},{"text":"needs","start":1865.43,"end":1865.83},{"text":"of","start":1865.83,"end":1866.07},{"text":"our","start":1866.07,"end":1866.15},{"text":"people","start":1866.15,"end":1866.63},{"text":"and","start":1866.63,"end":1866.83},{"text":"planet.","start":1866.83,"end":1867.43}]},{"text":"Thank you.","start":1867.67,"end":1868.15,"topics":[],"words":[{"text":"Thank","start":1867.67,"end":1867.99},{"text":"you.","start":1867.99,"end":1868.15}]}]}],"speaker":{"name":"Geetu Joshi","affiliation":"IND","affiliation_full":"India","group":null,"function":"Advisor"}},{"statement_number":17,"start":1871.35,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=1872","paragraphs":[{"sentences":[{"text":"I thank Ms. Joshi for her statement.","start":1871.35,"end":1874.79,"topics":[],"words":[{"text":"I","start":1871.35,"end":1871.51},{"text":"thank","start":1871.51,"end":1872.07},{"text":"Ms.","start":1872.19,"end":1872.55},{"text":"Joshi","start":1872.55,"end":1873.11},{"text":"for","start":1873.51,"end":1873.87},{"text":"her","start":1873.87,"end":1874.07},{"text":"statement.","start":1874.07,"end":1874.79}]},{"text":"And I now give the floor to the distinguished representative of Estonia, Her Excellency Kairi Saar Iso, the Director General of the Department of Development Cooperation and 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have the floor, ma'am.","start":1887.03,"end":1887.87,"topics":[],"words":[{"text":"You","start":1887.03,"end":1887.15},{"text":"have","start":1887.15,"end":1887.27},{"text":"the","start":1887.27,"end":1887.39},{"text":"floor,","start":1887.43,"end":1887.67},{"text":"ma'am.","start":1887.67,"end":1887.87}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":18,"start":1891.71,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=1892","paragraphs":[{"sentences":[{"text":"Thank you, Excellencies and distinguished delegates.","start":1891.71,"end":1894.51,"topics":[],"words":[{"text":"Thank","start":1891.71,"end":1892.03},{"text":"you,","start":1892.03,"end":1892.27},{"text":"Excellencies","start":1892.27,"end":1892.99},{"text":"and","start":1892.99,"end":1893.11},{"text":"distinguished","start":1893.11,"end":1893.75},{"text":"delegates.","start":1893.75,"end":1894.51}]},{"text":"Estonia aligns itself with the statement delivered by the European Union.","start":1895.07,"end":1899.23,"topics":[],"words":[{"text":"Estonia","start":1895.07,"end":1895.75},{"text":"aligns","start":1895.75,"end":1896.11},{"text":"itself","start":1896.15,"end":1896.59},{"text":"with","start":1896.59,"end":1896.79},{"text":"the","start":1896.79,"end":1896.87},{"text":"statement","start":1896.87,"end":1897.43},{"text":"delivered","start":1897.43,"end":1897.87},{"text":"by","start":1897.87,"end":1898.03},{"text":"the","start":1898.03,"end":1898.15},{"text":"European","start":1898.15,"end":1898.67},{"text":"Union.","start":1898.67,"end":1899.23}]},{"text":"To start, let me sincerely thank the co-facilitators, Mexico, Nepal, Norway and Zambia, for the elements paper, which is a solid starting point towards, hopefully, a forward-looking and ambitious outcome document.","start":1899.87,"end":1913.31,"topics":[],"words":[{"text":"To","start":1899.87,"end":1900.03},{"text":"start,","start":1900.03,"end":1900.51},{"text":"let","start":1900.51,"end":1900.75},{"text":"me","start":1900.75,"end":1900.87},{"text":"sincerely","start":1900.87,"end":1901.47},{"text":"thank","start":1901.47,"end":1901.87},{"text":"the","start":1901.87,"end":1901.95},{"text":"co-facilitators,","start":1901.95,"end":1903.39},{"text":"Mexico,","start":1903.39,"end":1903.95},{"text":"Nepal,","start":1903.95,"end":1904.43},{"text":"Norway","start":1904.43,"end":1904.95},{"text":"and","start":1904.95,"end":1905.15},{"text":"Zambia,","start":1905.15,"end":1905.79},{"text":"for","start":1905.79,"end":1906.03},{"text":"the","start":1906.03,"end":1906.15},{"text":"elements","start":1906.15,"end":1906.59},{"text":"paper,","start":1906.59,"end":1907.15},{"text":"which","start":1907.43,"end":1907.71},{"text":"is","start":1907.71,"end":1907.87},{"text":"a","start":1907.87,"end":1907.95},{"text":"solid","start":1907.95,"end":1908.27},{"text":"starting","start":1908.27,"end":1908.79},{"text":"point","start":1908.79,"end":1909.11},{"text":"towards,","start":1909.11,"end":1909.63},{"text":"hopefully,","start":1909.87,"end":1910.51},{"text":"a","start":1910.51,"end":1910.59},{"text":"forward-looking","start":1910.59,"end":1911.39},{"text":"and","start":1911.39,"end":1911.59},{"text":"ambitious","start":1911.59,"end":1912.19},{"text":"outcome","start":1912.19,"end":1912.59},{"text":"document.","start":1912.59,"end":1913.31}]},{"text":"Due to the short time limit, let me just make three key points.","start":1914.35,"end":1917.63,"topics":[],"words":[{"text":"Due","start":1914.35,"end":1914.51},{"text":"to","start":1914.51,"end":1914.63},{"text":"the","start":1914.67,"end":1914.75},{"text":"short","start":1914.75,"end":1915.19},{"text":"time","start":1915.19,"end":1915.39},{"text":"limit,","start":1915.39,"end":1915.71},{"text":"let","start":1915.71,"end":1915.83},{"text":"me","start":1915.83,"end":1916.03},{"text":"just","start":1916.03,"end":1916.35},{"text":"make","start":1916.35,"end":1916.59},{"text":"three","start":1916.59,"end":1916.83},{"text":"key","start":1916.83,"end":1917.07},{"text":"points.","start":1917.07,"end":1917.63}]},{"text":"First, Estonia believes that the key for successful international development cooperation and financing for development is a transformative, inclusive and future oriented partnership.","start":1918.55,"end":1929.75,"topics":[],"words":[{"text":"First,","start":1918.55,"end":1919.11},{"text":"Estonia","start":1919.11,"end":1919.59},{"text":"believes","start":1919.59,"end":1920.07},{"text":"that","start":1920.07,"end":1920.23},{"text":"the","start":1920.23,"end":1920.35},{"text":"key","start":1920.39,"end":1920.63},{"text":"for","start":1920.63,"end":1920.87},{"text":"successful","start":1920.87,"end":1921.51},{"text":"international","start":1921.51,"end":1922.19},{"text":"development","start":1922.19,"end":1922.75},{"text":"cooperation","start":1922.75,"end":1923.59},{"text":"and","start":1923.59,"end":1923.75},{"text":"financing","start":1923.75,"end":1924.31},{"text":"for","start":1924.31,"end":1924.55},{"text":"development","start":1924.55,"end":1925.43},{"text":"is","start":1925.99,"end":1926.23},{"text":"a","start":1926.23,"end":1926.31},{"text":"transformative,","start":1926.31,"end":1927.27},{"text":"inclusive","start":1927.27,"end":1927.91},{"text":"and","start":1927.91,"end":1928.07},{"text":"future","start":1928.07,"end":1928.47},{"text":"oriented","start":1928.47,"end":1929.11},{"text":"partnership.","start":1929.11,"end":1929.75}]},{"text":"Partnerships that help to build partner countries' capacities and know-how, but also build their own ownership through long-term cooperation and policy dialogue, research collaboration, and sharing of best practices and partnerships that tackle the fragmentation of global cooperation.","start":1930.63,"end":1949.27,"topics":[],"words":[{"text":"Partnerships","start":1930.63,"end":1931.35},{"text":"that","start":1931.35,"end":1931.59},{"text":"help","start":1931.59,"end":1932.39},{"text":"to","start":1933.27,"end":1933.79},{"text":"build","start":1933.83,"end":1934.15},{"text":"partner","start":1934.15,"end":1934.47},{"text":"countries'","start":1934.47,"end":1934.95},{"text":"capacities","start":1934.95,"end":1935.67},{"text":"and","start":1935.67,"end":1935.95},{"text":"know-how,","start":1935.95,"end":1936.55},{"text":"but","start":1936.95,"end":1937.19},{"text":"also","start":1937.19,"end":1937.51},{"text":"build","start":1937.51,"end":1937.79},{"text":"their","start":1937.79,"end":1938.07},{"text":"own","start":1938.07,"end":1938.31},{"text":"ownership","start":1938.31,"end":1938.87},{"text":"through","start":1938.95,"end":1939.19},{"text":"long-term","start":1939.19,"end":1939.67},{"text":"cooperation","start":1939.67,"end":1940.35},{"text":"and","start":1940.35,"end":1940.47},{"text":"policy","start":1940.47,"end":1940.83},{"text":"dialogue,","start":1940.83,"end":1941.43},{"text":"research","start":1941.91,"end":1942.39},{"text":"collaboration,","start":1942.39,"end":1943.35},{"text":"and","start":1943.35,"end":1943.51},{"text":"sharing","start":1943.51,"end":1943.99},{"text":"of","start":1943.99,"end":1944.11},{"text":"best","start":1944.11,"end":1944.43},{"text":"practices","start":1944.43,"end":1945.11},{"text":"and","start":1945.11,"end":1945.27},{"text":"partnerships","start":1945.27,"end":1946.07},{"text":"that","start":1946.39,"end":1946.63},{"text":"tackle","start":1946.63,"end":1946.95},{"text":"the","start":1946.95,"end":1947.03},{"text":"fragmentation","start":1947.03,"end":1947.95},{"text":"of","start":1947.95,"end":1948.03},{"text":"global","start":1948.03,"end":1948.39},{"text":"cooperation.","start":1948.39,"end":1949.27}]},{"text":"Secondly, I'd like to stress the keyword digitization.","start":1950.23,"end":1953.75,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. 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Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"We","start":1971.47,"end":1971.63},{"text":"believe","start":1971.63,"end":1972.11},{"text":"that","start":1972.11,"end":1972.27},{"text":"digital","start":1972.27,"end":1972.75},{"text":"governance","start":1972.75,"end":1973.35},{"text":"and","start":1973.35,"end":1973.51},{"text":"digital","start":1973.51,"end":1973.95},{"text":"public","start":1973.95,"end":1974.27},{"text":"services","start":1974.27,"end":1974.91},{"text":"can","start":1974.91,"end":1975.15},{"text":"contribute","start":1975.15,"end":1975.75},{"text":"to","start":1975.75,"end":1975.83},{"text":"improved","start":1975.83,"end":1976.51},{"text":"revenue","start":1976.51,"end":1976.91},{"text":"collection,","start":1976.91,"end":1977.55},{"text":"debt","start":1977.87,"end":1978.27},{"text":"management,","start":1978.27,"end":1978.99},{"text":"and","start":1978.99,"end":1979.23},{"text":"creating","start":1979.23,"end":1979.79},{"text":"an","start":1979.79,"end":1980.27},{"text":"entrepreneurship","start":1980.35,"end":1981.31},{"text":"economy","start":1981.31,"end":1981.71},{"text":"system","start":1981.71,"end":1982.35},{"text":"that","start":1982.59,"end":1982.83},{"text":"attracts","start":1982.83,"end":1983.39},{"text":"private","start":1983.39,"end":1983.87},{"text":"investment,","start":1983.87,"end":1984.67},{"text":"foreign","start":1985.23,"end":1985.63},{"text":"direct","start":1985.63,"end":1986.03},{"text":"investment,","start":1986.03,"end":1986.67},{"text":"and","start":1986.67,"end":1986.83},{"text":"trade.","start":1986.83,"end":1987.39}]},{"text":"So as the Elements paper says, we need investments in resilient digital public infrastructure and digital public goods, as well as digital skills, but also for the transformation of education systems, in particular in the LDCs, LLDCs, and SIDS to unlock these innovative solutions.","start":1988.39,"end":2011.59,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. 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Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"complementing","start":2017.43,"end":2018.15},{"text":"public","start":2018.15,"end":2018.51},{"text":"resources,","start":2018.51,"end":2019.27},{"text":"including","start":2019.27,"end":2019.91},{"text":"ODA,","start":2019.99,"end":2020.39},{"text":"and","start":2021.03,"end":2021.27},{"text":"be","start":2021.27,"end":2021.51},{"text":"innovative","start":2021.51,"end":2022.15},{"text":"towards","start":2022.15,"end":2022.63},{"text":"more","start":2022.63,"end":2022.95},{"text":"agile,","start":2022.95,"end":2023.59},{"text":"flexible,","start":2023.59,"end":2024.23},{"text":"and","start":2024.23,"end":2024.47},{"text":"adaptive","start":2024.47,"end":2025.11},{"text":"financial","start":2025.11,"end":2025.67},{"text":"instruments","start":2025.75,"end":2026.95},{"text":"and","start":2026.95,"end":2027.23},{"text":"structures","start":2027.23,"end":2027.99},{"text":"to","start":2028.39,"end":2028.55},{"text":"create","start":2028.55,"end":2029.03},{"text":"synergies.","start":2029.03,"end":2029.83}]},{"text":"ODA is one of several development financing instruments, and its value proportion should, in our view, be determined in the wider context of development finance flows.","start":2030.55,"end":2041.19,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"ODA","start":2030.55,"end":2030.83},{"text":"is","start":2030.95,"end":2031.35},{"text":"one","start":2031.35,"end":2031.59},{"text":"of","start":2031.59,"end":2031.75},{"text":"several","start":2031.75,"end":2032.23},{"text":"development","start":2032.23,"end":2032.83},{"text":"financing","start":2032.83,"end":2033.43},{"text":"instruments,","start":2033.43,"end":2034.23},{"text":"and","start":2034.23,"end":2034.47},{"text":"its","start":2034.47,"end":2034.71},{"text":"value","start":2034.71,"end":2035.03},{"text":"proportion","start":2035.03,"end":2035.67},{"text":"should,","start":2035.67,"end":2036.07},{"text":"in","start":2036.07,"end":2036.23},{"text":"our","start":2036.23,"end":2036.35},{"text":"view,","start":2036.35,"end":2036.87},{"text":"be","start":2037.27,"end":2037.47},{"text":"determined","start":2037.47,"end":2038.15},{"text":"in","start":2038.15,"end":2038.31},{"text":"the","start":2038.31,"end":2038.47},{"text":"wider","start":2038.47,"end":2038.83},{"text":"context","start":2038.83,"end":2039.43},{"text":"of","start":2039.43,"end":2039.51},{"text":"development","start":2039.51,"end":2040.15},{"text":"finance","start":2040.15,"end":2040.63},{"text":"flows.","start":2040.63,"end":2041.19}]},{"text":"To conclude, Estonia looks forward to an inclusive, comprehensive and result-oriented negotiation process with our partners.","start":2042.23,"end":2050.07,"topics":[],"words":[{"text":"To","start":2042.23,"end":2042.31},{"text":"conclude,","start":2042.31,"end":2043.11},{"text":"Estonia","start":2043.27,"end":2043.91},{"text":"looks","start":2043.91,"end":2044.15},{"text":"forward","start":2044.15,"end":2044.51},{"text":"to","start":2044.51,"end":2044.67},{"text":"an","start":2044.67,"end":2044.79},{"text":"inclusive,","start":2044.79,"end":2045.51},{"text":"comprehensive","start":2045.51,"end":2046.47},{"text":"and","start":2046.47,"end":2046.79},{"text":"result-oriented","start":2046.79,"end":2047.71},{"text":"negotiation","start":2047.71,"end":2048.47},{"text":"process","start":2048.47,"end":2049.03},{"text":"with","start":2049.03,"end":2049.19},{"text":"our","start":2049.19,"end":2049.35},{"text":"partners.","start":2049.35,"end":2050.07}]},{"text":"Thank you.","start":2050.39,"end":2050.87,"topics":[],"words":[{"text":"Thank","start":2050.39,"end":2050.71},{"text":"you.","start":2050.71,"end":2050.87}]}]}],"speaker":{"name":"Kairi Saar Iso","affiliation":"EST","affiliation_full":"Estonia","group":null,"function":"Director General of the Department of Development Cooperation and Humanitarian Aid"}},{"statement_number":19,"start":2054.47,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=2055","paragraphs":[{"sentences":[{"text":"I thank Ms. Saissop for her statement.","start":2054.47,"end":2058.79,"topics":[],"words":[{"text":"I","start":2054.47,"end":2054.71},{"text":"thank","start":2054.71,"end":2055.27},{"text":"Ms.","start":2055.87,"end":2056.39},{"text":"Saissop","start":2056.71,"end":2057.67},{"text":"for","start":2057.67,"end":2057.99},{"text":"her","start":2057.99,"end":2058.15},{"text":"statement.","start":2058.15,"end":2058.79}]},{"text":"And I now give the floor to the distinguished representative of Poland, Mr. Pawel Ramdowski, the Director of the Department of Global Affairs at the Ministry of Foreign Affairs of the Republic of Poland.","start":2059.35,"end":2072.19,"topics":[],"words":[{"text":"And","start":2059.35,"end":2059.67},{"text":"I","start":2059.67,"end":2059.71},{"text":"now","start":2059.71,"end":2059.83},{"text":"give","start":2059.83,"end":2060.07},{"text":"the","start":2060.07,"end":2060.19},{"text":"floor","start":2060.19,"end":2060.79},{"text":"to","start":2061.27,"end":2061.39},{"text":"the","start":2061.39,"end":2061.51},{"text":"distinguished","start":2061.51,"end":2062.03},{"text":"representative","start":2062.03,"end":2062.71},{"text":"of","start":2062.71,"end":2062.79},{"text":"Poland,","start":2062.79,"end":2063.51},{"text":"Mr.","start":2064.47,"end":2064.79},{"text":"Pawel","start":2064.79,"end":2065.51},{"text":"Ramdowski,","start":2065.51,"end":2066.47},{"text":"the","start":2066.87,"end":2067.07},{"text":"Director","start":2067.07,"end":2067.39},{"text":"of","start":2067.39,"end":2067.47},{"text":"the","start":2067.47,"end":2067.55},{"text":"Department","start":2067.55,"end":2068.03},{"text":"of","start":2068.03,"end":2068.15},{"text":"Global","start":2068.15,"end":2068.43},{"text":"Affairs","start":2068.43,"end":2069.07},{"text":"at","start":2069.07,"end":2069.15},{"text":"the","start":2069.15,"end":2069.27},{"text":"Ministry","start":2069.27,"end":2069.67},{"text":"of","start":2069.67,"end":2069.75},{"text":"Foreign","start":2069.75,"end":2069.99},{"text":"Affairs","start":2069.99,"end":2070.55},{"text":"of","start":2070.87,"end":2071.03},{"text":"the","start":2071.11,"end":2071.23},{"text":"Republic","start":2071.23,"end":2071.63},{"text":"of","start":2071.63,"end":2071.75},{"text":"Poland.","start":2071.75,"end":2072.19}]},{"text":"You have the floor, sir.","start":2072.19,"end":2072.91,"topics":[],"words":[{"text":"You","start":2072.19,"end":2072.27},{"text":"have","start":2072.27,"end":2072.39},{"text":"the","start":2072.39,"end":2072.51},{"text":"floor,","start":2072.51,"end":2072.79},{"text":"sir.","start":2072.79,"end":2072.91}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":20,"start":2075.43,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=2076","paragraphs":[{"sentences":[{"text":"Madam Chairperson, Excellencies, distinguished delegates, Poland aligns itself with the statement delivered by the European Union and would like to add the following remarks in national capacity.","start":2075.43,"end":2089.27,"topics":[],"words":[{"text":"Madam","start":2075.43,"end":2075.75},{"text":"Chairperson,","start":2075.75,"end":2076.55},{"text":"Excellencies,","start":2076.87,"end":2077.67},{"text":"distinguished","start":2078.03,"end":2078.59},{"text":"delegates,","start":2078.59,"end":2079.19},{"text":"Poland","start":2080.23,"end":2080.71},{"text":"aligns","start":2080.71,"end":2081.07},{"text":"itself","start":2081.07,"end":2081.59},{"text":"with","start":2081.67,"end":2081.91},{"text":"the","start":2081.91,"end":2081.99},{"text":"statement","start":2081.99,"end":2082.51},{"text":"delivered","start":2082.51,"end":2083.11},{"text":"by","start":2083.11,"end":2083.35},{"text":"the","start":2083.35,"end":2083.43},{"text":"European","start":2083.43,"end":2084.63},{"text":"Union","start":2084.63,"end":2085.11},{"text":"and","start":2085.35,"end":2085.51},{"text":"would","start":2085.51,"end":2085.67},{"text":"like","start":2085.67,"end":2085.91},{"text":"to","start":2085.91,"end":2086.07},{"text":"add","start":2086.07,"end":2086.27},{"text":"the","start":2086.27,"end":2086.47},{"text":"following","start":2086.47,"end":2086.87},{"text":"remarks","start":2086.87,"end":2087.59},{"text":"in","start":2087.83,"end":2088.03},{"text":"national","start":2088.03,"end":2088.47},{"text":"capacity.","start":2088.47,"end":2089.27}]},{"text":"If we want the world to become a safer place, if we want to confront the conflicts, we need to eliminate their roots.","start":2090.79,"end":2099.07,"topics":[],"words":[{"text":"If","start":2090.79,"end":2090.95},{"text":"we","start":2090.95,"end":2091.03},{"text":"want","start":2091.03,"end":2091.35},{"text":"the","start":2091.35,"end":2091.43},{"text":"world","start":2091.43,"end":2091.91},{"text":"to","start":2092.51,"end":2092.75},{"text":"become","start":2092.75,"end":2093.11},{"text":"a","start":2093.11,"end":2093.15},{"text":"safer","start":2093.15,"end":2093.55},{"text":"place,","start":2093.55,"end":2094.19},{"text":"if","start":2094.35,"end":2094.51},{"text":"we","start":2094.51,"end":2094.67},{"text":"want","start":2094.67,"end":2094.95},{"text":"to","start":2094.95,"end":2095.07},{"text":"confront","start":2095.07,"end":2095.71},{"text":"the","start":2095.71,"end":2095.79},{"text":"conflicts,","start":2095.79,"end":2096.67},{"text":"we","start":2096.99,"end":2097.15},{"text":"need","start":2097.15,"end":2097.35},{"text":"to","start":2097.35,"end":2097.63},{"text":"eliminate","start":2097.63,"end":2098.27},{"text":"their","start":2098.27,"end":2098.63},{"text":"roots.","start":2098.63,"end":2099.07}]},{"text":"These roots are numerous.","start":2099.95,"end":2101.47,"topics":[],"words":[{"text":"These","start":2099.95,"end":2100.27},{"text":"roots","start":2100.27,"end":2100.59},{"text":"are","start":2100.59,"end":2100.67},{"text":"numerous.","start":2100.67,"end":2101.47}]},{"text":"Unequal access to global assets, climate changes, excessive debt, lack of proper infrastructure, lack of good governance.","start":2101.71,"end":2110.43,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Unequal","start":2101.71,"end":2102.27},{"text":"access","start":2102.27,"end":2102.67},{"text":"to","start":2102.67,"end":2102.79},{"text":"global","start":2102.79,"end":2103.15},{"text":"assets,","start":2103.15,"end":2103.79},{"text":"climate","start":2104.11,"end":2104.59},{"text":"changes,","start":2104.59,"end":2105.39},{"text":"excessive","start":2105.79,"end":2106.35},{"text":"debt,","start":2106.35,"end":2106.59},{"text":"lack","start":2106.91,"end":2107.47},{"text":"of","start":2107.55,"end":2107.79},{"text":"proper","start":2107.79,"end":2108.11},{"text":"infrastructure,","start":2108.11,"end":2108.95},{"text":"lack","start":2108.95,"end":2109.27},{"text":"of","start":2109.27,"end":2109.47},{"text":"good","start":2109.47,"end":2109.71},{"text":"governance.","start":2109.71,"end":2110.43}]},{"text":"Let us take just a few.","start":2110.59,"end":2112.19,"topics":[],"words":[{"text":"Let","start":2110.59,"end":2110.83},{"text":"us","start":2110.83,"end":2111.15},{"text":"take","start":2111.15,"end":2111.47},{"text":"just","start":2111.47,"end":2111.75},{"text":"a","start":2111.75,"end":2111.79},{"text":"few.","start":2111.79,"end":2112.19}]},{"text":"We see the global community's determination to address these issues.","start":2113.07,"end":2117.31,"topics":[],"words":[{"text":"We","start":2113.07,"end":2113.47},{"text":"see","start":2113.55,"end":2113.87},{"text":"the","start":2113.87,"end":2114.03},{"text":"global","start":2114.03,"end":2114.43},{"text":"community's","start":2114.43,"end":2114.99},{"text":"determination","start":2114.99,"end":2115.95},{"text":"to","start":2115.95,"end":2116.07},{"text":"address","start":2116.07,"end":2116.43},{"text":"these","start":2116.43,"end":2116.67},{"text":"issues.","start":2116.67,"end":2117.31}]},{"text":"The summit of the future in September reflected it very well.","start":2117.87,"end":2121.63,"topics":[],"words":[{"text":"The","start":2117.87,"end":2117.99},{"text":"summit","start":2117.99,"end":2118.39},{"text":"of","start":2118.39,"end":2118.51},{"text":"the","start":2118.51,"end":2118.59},{"text":"future","start":2118.59,"end":2119.11},{"text":"in","start":2119.11,"end":2119.23},{"text":"September","start":2119.23,"end":2119.95},{"text":"reflected","start":2120.19,"end":2120.83},{"text":"it","start":2120.83,"end":2120.99},{"text":"very","start":2120.99,"end":2121.27},{"text":"well.","start":2121.27,"end":2121.63}]},{"text":"The next year's FFD4 conference is another opportunity to do so.","start":2122.51,"end":2127.47,"topics":[],"words":[{"text":"The","start":2122.51,"end":2122.63},{"text":"next","start":2122.63,"end":2123.07},{"text":"year's","start":2123.07,"end":2123.47},{"text":"FFD4","start":2123.63,"end":2124.59},{"text":"conference","start":2124.59,"end":2125.31},{"text":"is","start":2125.31,"end":2125.47},{"text":"another","start":2125.47,"end":2125.91},{"text":"opportunity","start":2125.91,"end":2126.75},{"text":"to","start":2126.75,"end":2126.91},{"text":"do","start":2126.91,"end":2127.07},{"text":"so.","start":2127.07,"end":2127.47}]},{"text":"Poland is on board with this process.","start":2128.51,"end":2130.59,"topics":[],"words":[{"text":"Poland","start":2128.51,"end":2128.91},{"text":"is","start":2128.91,"end":2129.03},{"text":"on","start":2129.03,"end":2129.23},{"text":"board","start":2129.23,"end":2129.59},{"text":"with","start":2129.63,"end":2129.83},{"text":"this","start":2129.83,"end":2130.03},{"text":"process.","start":2130.03,"end":2130.59}]},{"text":"We are vice chair of the FFD4 preparatory committee.","start":2130.59,"end":2134.91,"topics":[],"words":[{"text":"We","start":2130.59,"end":2130.75},{"text":"are","start":2130.75,"end":2130.99},{"text":"vice","start":2131.39,"end":2131.87},{"text":"chair","start":2131.87,"end":2132.31},{"text":"of","start":2132.31,"end":2132.43},{"text":"the","start":2132.43,"end":2132.55},{"text":"FFD4","start":2132.55,"end":2133.47},{"text":"preparatory","start":2133.47,"end":2134.27},{"text":"committee.","start":2134.27,"end":2134.91}]},{"text":"We believe that the success of the FFD4 conference depends on a comprehensive and inclusive dialogue.","start":2135.87,"end":2143.43,"topics":[],"words":[{"text":"We","start":2135.87,"end":2136.27},{"text":"believe","start":2136.35,"end":2136.91},{"text":"that","start":2136.91,"end":2137.07},{"text":"the","start":2137.07,"end":2137.23},{"text":"success","start":2137.23,"end":2137.91},{"text":"of","start":2137.91,"end":2138.03},{"text":"the","start":2138.03,"end":2138.15},{"text":"FFD4","start":2138.15,"end":2139.07},{"text":"conference","start":2139.15,"end":2139.95},{"text":"depends","start":2140.27,"end":2140.75},{"text":"on","start":2140.75,"end":2140.87},{"text":"a","start":2140.87,"end":2140.91},{"text":"comprehensive","start":2140.91,"end":2141.79},{"text":"and","start":2141.79,"end":2142.03},{"text":"inclusive","start":2142.03,"end":2142.91},{"text":"dialogue.","start":2142.91,"end":2143.43}]},{"text":"Let me take this opportunity to thank the co facilitators for preparing the elements paper which will guide our discussions forward.","start":2144.75,"end":2155.19,"topics":[],"words":[{"text":"Let","start":2144.75,"end":2144.87},{"text":"me","start":2144.87,"end":2145.07},{"text":"take","start":2145.07,"end":2145.27},{"text":"this","start":2145.27,"end":2145.47},{"text":"opportunity","start":2145.47,"end":2146.27},{"text":"to","start":2146.31,"end":2146.43},{"text":"thank","start":2146.43,"end":2146.87},{"text":"the","start":2146.87,"end":2147.03},{"text":"co","start":2147.03,"end":2148.03},{"text":"facilitators","start":2148.03,"end":2149.31},{"text":"for","start":2149.71,"end":2150.11},{"text":"preparing","start":2150.11,"end":2150.83},{"text":"the","start":2150.83,"end":2150.95},{"text":"elements","start":2150.99,"end":2151.63},{"text":"paper","start":2151.63,"end":2152.27},{"text":"which","start":2152.47,"end":2152.83},{"text":"will","start":2152.83,"end":2153.15},{"text":"guide","start":2153.31,"end":2153.79},{"text":"our","start":2153.79,"end":2153.95},{"text":"discussions","start":2153.95,"end":2154.67},{"text":"forward.","start":2154.67,"end":2155.19}]},{"text":"To help facilitate this dialogue and these discussions, Poland decided to contribute financially to the DESA Financing for Development Trust Fund.","start":2155.19,"end":2166.79,"topics":[],"words":[{"text":"To","start":2155.19,"end":2155.43},{"text":"help","start":2156.19,"end":2156.59},{"text":"facilitate","start":2156.67,"end":2157.39},{"text":"this","start":2157.39,"end":2157.63},{"text":"dialogue","start":2157.63,"end":2158.11},{"text":"and","start":2158.11,"end":2158.23},{"text":"these","start":2158.23,"end":2158.39},{"text":"discussions,","start":2158.39,"end":2159.31},{"text":"Poland","start":2159.79,"end":2160.15},{"text":"decided","start":2160.27,"end":2160.91},{"text":"to","start":2160.91,"end":2161.15},{"text":"contribute","start":2161.15,"end":2161.87},{"text":"financially","start":2161.87,"end":2162.67},{"text":"to","start":2163.31,"end":2163.47},{"text":"the","start":2163.47,"end":2163.55},{"text":"DESA","start":2163.55,"end":2164.19},{"text":"Financing","start":2164.27,"end":2164.99},{"text":"for","start":2164.99,"end":2165.23},{"text":"Development","start":2165.23,"end":2165.99},{"text":"Trust","start":2165.99,"end":2166.43},{"text":"Fund.","start":2166.43,"end":2166.79}]},{"text":"Ladies and gentlemen, Poland is active in enhancing SDGs implementation also as a current member of the ECOSOC, as well as the Peacebuilding Commission.","start":2168.75,"end":2179.87,"topics":[],"words":[{"text":"Ladies","start":2168.75,"end":2169.11},{"text":"and","start":2169.11,"end":2169.31},{"text":"gentlemen,","start":2169.31,"end":2169.95},{"text":"Poland","start":2170.55,"end":2170.83},{"text":"is","start":2170.83,"end":2171.23},{"text":"active","start":2171.23,"end":2171.71},{"text":"in","start":2171.71,"end":2172.03},{"text":"enhancing","start":2172.03,"end":2172.75},{"text":"SDGs","start":2172.75,"end":2173.31},{"text":"implementation","start":2173.31,"end":2174.35},{"text":"also","start":2174.67,"end":2175.11},{"text":"as","start":2175.11,"end":2175.23},{"text":"a","start":2175.23,"end":2175.27},{"text":"current","start":2175.27,"end":2175.71},{"text":"member","start":2175.71,"end":2176.27},{"text":"of","start":2176.35,"end":2176.55},{"text":"the","start":2176.55,"end":2176.63},{"text":"ECOSOC,","start":2176.63,"end":2177.39},{"text":"as","start":2177.71,"end":2177.87},{"text":"well","start":2177.87,"end":2178.11},{"text":"as","start":2178.11,"end":2178.27},{"text":"the","start":2178.27,"end":2178.39},{"text":"Peacebuilding","start":2178.59,"end":2179.23},{"text":"Commission.","start":2179.23,"end":2179.87}]},{"text":"We stress the importance of strong democratic institutions that create the right business environment, ensure resilience to shocks of various kind, or help to manage the budgetary revenues.","start":2180.67,"end":2195.31,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"We","start":2180.67,"end":2180.83},{"text":"stress","start":2180.83,"end":2181.31},{"text":"the","start":2181.31,"end":2181.43},{"text":"importance","start":2181.43,"end":2182.07},{"text":"of","start":2182.07,"end":2182.19},{"text":"strong","start":2182.19,"end":2182.67},{"text":"democratic","start":2182.75,"end":2183.47},{"text":"institutions","start":2183.47,"end":2184.35},{"text":"that","start":2184.75,"end":2184.95},{"text":"create","start":2184.95,"end":2185.55},{"text":"the","start":2185.55,"end":2185.71},{"text":"right","start":2185.71,"end":2186.19},{"text":"business","start":2186.27,"end":2186.79},{"text":"environment,","start":2186.79,"end":2187.63},{"text":"ensure","start":2188.27,"end":2188.91},{"text":"resilience","start":2188.99,"end":2189.79},{"text":"to","start":2189.79,"end":2189.95},{"text":"shocks","start":2189.95,"end":2190.51},{"text":"of","start":2190.51,"end":2190.67},{"text":"various","start":2190.67,"end":2191.07},{"text":"kind,","start":2191.07,"end":2191.47},{"text":"or","start":2192.03,"end":2192.23},{"text":"help","start":2192.23,"end":2192.67},{"text":"to","start":2192.67,"end":2192.75},{"text":"manage","start":2192.75,"end":2193.39},{"text":"the","start":2193.39,"end":2193.55},{"text":"budgetary","start":2193.55,"end":2194.43},{"text":"revenues.","start":2194.51,"end":2195.31}]},{"text":"We see the role that new technologies can play in this respect.","start":2196.23,"end":2200.79,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"We","start":2196.23,"end":2196.55},{"text":"see","start":2196.55,"end":2196.87},{"text":"the","start":2196.87,"end":2196.95},{"text":"role","start":2196.95,"end":2197.51},{"text":"that","start":2197.79,"end":2197.91},{"text":"new","start":2197.91,"end":2198.23},{"text":"technologies","start":2198.23,"end":2198.95},{"text":"can","start":2198.95,"end":2199.19},{"text":"play","start":2199.19,"end":2199.75},{"text":"in","start":2199.75,"end":2199.91},{"text":"this","start":2199.91,"end":2200.07},{"text":"respect.","start":2200.07,"end":2200.79}]},{"text":"We stress the importance of global food security.","start":2201.51,"end":2205.03,"topics":[],"words":[{"text":"We","start":2201.51,"end":2201.75},{"text":"stress","start":2201.75,"end":2202.39},{"text":"the","start":2202.39,"end":2202.51},{"text":"importance","start":2202.51,"end":2203.27},{"text":"of","start":2203.27,"end":2203.43},{"text":"global","start":2203.43,"end":2203.91},{"text":"food","start":2203.91,"end":2204.19},{"text":"security.","start":2204.19,"end":2205.03}]},{"text":"We stress the significance of women's full and equal participation in public life.","start":2205.59,"end":2213.59,"topics":[],"words":[{"text":"We","start":2205.59,"end":2205.75},{"text":"stress","start":2205.75,"end":2206.55},{"text":"the","start":2206.63,"end":2206.75},{"text":"significance","start":2206.75,"end":2207.83},{"text":"of","start":2208.07,"end":2208.23},{"text":"women's","start":2208.23,"end":2209.03},{"text":"full","start":2209.03,"end":2209.43},{"text":"and","start":2209.43,"end":2209.67},{"text":"equal","start":2209.75,"end":2210.31},{"text":"participation","start":2210.39,"end":2212.07},{"text":"in","start":2212.47,"end":2212.71},{"text":"public","start":2212.71,"end":2213.19},{"text":"life.","start":2213.19,"end":2213.59}]},{"text":"As a country which has come a long path of successful transformation from a debtor state and the aid recipient to a stable and efficient state, we are ready to share our experiences.","start":2214.71,"end":2229.07,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."},{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"As","start":2214.71,"end":2214.83},{"text":"a","start":2214.83,"end":2214.87},{"text":"country","start":2214.87,"end":2215.35},{"text":"which","start":2215.35,"end":2215.63},{"text":"has","start":2215.63,"end":2215.91},{"text":"come","start":2215.91,"end":2216.19},{"text":"a","start":2216.19,"end":2216.23},{"text":"long","start":2216.23,"end":2216.47},{"text":"path","start":2216.55,"end":2217.03},{"text":"of","start":2217.67,"end":2217.87},{"text":"successful","start":2217.87,"end":2218.43},{"text":"transformation","start":2218.43,"end":2219.79},{"text":"from","start":2219.79,"end":2220.11},{"text":"a","start":2220.11,"end":2220.15},{"text":"debtor","start":2220.15,"end":2220.67},{"text":"state","start":2220.67,"end":2221.23},{"text":"and","start":2221.63,"end":2221.83},{"text":"the","start":2221.83,"end":2221.91},{"text":"aid","start":2221.95,"end":2222.35},{"text":"recipient","start":2222.35,"end":2223.15},{"text":"to","start":2223.55,"end":2223.71},{"text":"a","start":2223.71,"end":2223.79},{"text":"stable","start":2223.79,"end":2224.59},{"text":"and","start":2224.59,"end":2224.91},{"text":"efficient","start":2224.91,"end":2225.43},{"text":"state,","start":2225.43,"end":2225.87},{"text":"we","start":2226.59,"end":2226.75},{"text":"are","start":2226.75,"end":2226.95},{"text":"ready","start":2226.95,"end":2227.31},{"text":"to","start":2227.31,"end":2227.51},{"text":"share","start":2227.51,"end":2227.87},{"text":"our","start":2227.91,"end":2228.03},{"text":"experiences.","start":2228.03,"end":2229.07}]},{"text":"Our motto in ECOSOC is solidarity for development.","start":2229.79,"end":2234.19,"topics":[],"words":[{"text":"Our","start":2229.79,"end":2230.11},{"text":"motto","start":2230.11,"end":2230.67},{"text":"in","start":2230.75,"end":2230.99},{"text":"ECOSOC","start":2230.99,"end":2231.71},{"text":"is","start":2231.79,"end":2232.03},{"text":"solidarity","start":2232.03,"end":2233.23},{"text":"for","start":2233.23,"end":2233.47},{"text":"development.","start":2233.47,"end":2234.19}]},{"text":"Ladies and gentlemen, in a world grappling with geopolitical tensions, The pursuit of sustainable development is a truly urgent task, even though it is not easy.","start":2235.95,"end":2247.67,"topics":[],"words":[{"text":"Ladies","start":2235.95,"end":2236.27},{"text":"and","start":2236.27,"end":2236.39},{"text":"gentlemen,","start":2236.39,"end":2236.99},{"text":"in","start":2236.99,"end":2237.15},{"text":"a","start":2237.15,"end":2237.23},{"text":"world","start":2237.23,"end":2237.67},{"text":"grappling","start":2237.71,"end":2238.27},{"text":"with","start":2238.27,"end":2238.47},{"text":"geopolitical","start":2238.67,"end":2239.71},{"text":"tensions,","start":2239.71,"end":2240.51},{"text":"The","start":2240.95,"end":2240.99},{"text":"pursuit","start":2240.99,"end":2241.67},{"text":"of","start":2241.67,"end":2241.91},{"text":"sustainable","start":2241.91,"end":2242.63},{"text":"development","start":2242.63,"end":2243.51},{"text":"is","start":2243.75,"end":2243.95},{"text":"a","start":2243.95,"end":2243.99},{"text":"truly","start":2243.99,"end":2244.55},{"text":"urgent","start":2244.59,"end":2245.15},{"text":"task,","start":2245.15,"end":2245.67},{"text":"even","start":2245.67,"end":2245.99},{"text":"though","start":2245.99,"end":2246.39},{"text":"it","start":2246.63,"end":2246.79},{"text":"is","start":2246.79,"end":2246.95},{"text":"not","start":2246.95,"end":2247.27},{"text":"easy.","start":2247.27,"end":2247.67}]},{"text":"Let us therefore wish ourselves fruitful discussions and negotiations that will bring us closer to get 2030 agenda back on track.","start":2248.55,"end":2258.39,"topics":[],"words":[{"text":"Let","start":2248.55,"end":2248.79},{"text":"us","start":2248.79,"end":2248.87},{"text":"therefore","start":2248.87,"end":2249.59},{"text":"wish","start":2249.83,"end":2250.23},{"text":"ourselves","start":2250.23,"end":2251.11},{"text":"fruitful","start":2251.19,"end":2251.67},{"text":"discussions","start":2251.67,"end":2252.39},{"text":"and","start":2252.39,"end":2252.55},{"text":"negotiations","start":2252.55,"end":2253.51},{"text":"that","start":2253.83,"end":2254.07},{"text":"will","start":2254.07,"end":2254.23},{"text":"bring","start":2254.23,"end":2254.55},{"text":"us","start":2254.55,"end":2254.71},{"text":"closer","start":2254.71,"end":2255.43},{"text":"to","start":2255.67,"end":2255.79},{"text":"get","start":2255.79,"end":2256.23},{"text":"2030","start":2256.31,"end":2256.91},{"text":"agenda","start":2256.91,"end":2257.35},{"text":"back","start":2257.51,"end":2257.83},{"text":"on","start":2257.83,"end":2257.99},{"text":"track.","start":2257.99,"end":2258.39}]},{"text":"Thank you.","start":2258.95,"end":2259.27,"topics":[],"words":[{"text":"Thank","start":2258.95,"end":2259.19},{"text":"you.","start":2259.19,"end":2259.27}]}]}],"speaker":{"name":"Pawel Radomski","affiliation":"POL","affiliation_full":"Poland","group":null,"function":"Director, Department of Global Affairs"}},{"statement_number":21,"start":2261.75,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=2262","paragraphs":[{"sentences":[{"text":"I thank Mr. Radomski for his statement, and I now give the floor to the distinguished representative of the Philippines, Ms. Donalyn Minimo, the Assistant Secretary of the Department of Finance of the Philippines.","start":2261.75,"end":2274.43,"topics":[],"words":[{"text":"I","start":2261.75,"end":2261.91},{"text":"thank","start":2261.91,"end":2262.27},{"text":"Mr.","start":2262.31,"end":2262.79},{"text":"Radomski","start":2262.87,"end":2263.59},{"text":"for","start":2263.59,"end":2263.75},{"text":"his","start":2263.75,"end":2263.91},{"text":"statement,","start":2263.91,"end":2264.55},{"text":"and","start":2264.79,"end":2265.03},{"text":"I","start":2265.03,"end":2265.07},{"text":"now","start":2265.07,"end":2265.19},{"text":"give","start":2265.19,"end":2265.43},{"text":"the","start":2265.43,"end":2265.55},{"text":"floor","start":2265.55,"end":2265.91},{"text":"to","start":2265.91,"end":2266.07},{"text":"the","start":2266.07,"end":2266.15},{"text":"distinguished","start":2266.15,"end":2266.63},{"text":"representative","start":2266.63,"end":2267.35},{"text":"of","start":2267.35,"end":2267.43},{"text":"the","start":2267.43,"end":2267.55},{"text":"Philippines,","start":2267.59,"end":2268.27},{"text":"Ms.","start":2269.23,"end":2269.67},{"text":"Donalyn","start":2269.75,"end":2270.55},{"text":"Minimo,","start":2270.55,"end":2271.11},{"text":"the","start":2271.27,"end":2271.39},{"text":"Assistant","start":2271.39,"end":2271.83},{"text":"Secretary","start":2271.83,"end":2272.39},{"text":"of","start":2272.55,"end":2272.71},{"text":"the","start":2272.71,"end":2272.79},{"text":"Department","start":2272.79,"end":2273.23},{"text":"of","start":2273.23,"end":2273.31},{"text":"Finance","start":2273.31,"end":2273.67},{"text":"of","start":2273.67,"end":2273.75},{"text":"the","start":2273.75,"end":2273.91},{"text":"Philippines.","start":2273.91,"end":2274.43}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":22,"start":2276.15,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=2277","paragraphs":[{"sentences":[{"text":"Thank you, Madam Chair. The Philippines aligns with the statements to be delivered by the G77 and China and the like-minded group of middle-income countries.","start":2276.15,"end":2286.39,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Thank","start":2276.15,"end":2276.39},{"text":"you,","start":2276.39,"end":2276.51},{"text":"Madam","start":2276.51,"end":2276.79},{"text":"Chair.","start":2276.79,"end":2277.35},{"text":"The","start":2278.47,"end":2278.63},{"text":"Philippines","start":2278.63,"end":2279.27},{"text":"aligns","start":2279.27,"end":2279.71},{"text":"with","start":2279.71,"end":2279.83},{"text":"the","start":2279.83,"end":2279.91},{"text":"statements","start":2279.91,"end":2280.55},{"text":"to","start":2280.55,"end":2280.63},{"text":"be","start":2280.63,"end":2280.75},{"text":"delivered","start":2280.75,"end":2281.43},{"text":"by","start":2281.67,"end":2281.91},{"text":"the","start":2281.91,"end":2282.07},{"text":"G77","start":2282.07,"end":2283.07},{"text":"and","start":2283.07,"end":2283.19},{"text":"China","start":2283.19,"end":2283.63},{"text":"and","start":2283.63,"end":2283.75},{"text":"the","start":2283.75,"end":2283.83},{"text":"like-minded","start":2283.83,"end":2284.47},{"text":"group","start":2284.47,"end":2284.79},{"text":"of","start":2284.79,"end":2284.95},{"text":"middle-income","start":2284.95,"end":2285.67},{"text":"countries.","start":2285.67,"end":2286.39}]},{"text":"The Philippines is honored to contribute to this dialogue as we prepare for the FFD4.","start":2287.03,"end":2291.59,"topics":[],"words":[{"text":"The","start":2287.03,"end":2287.11},{"text":"Philippines","start":2287.11,"end":2287.63},{"text":"is","start":2287.63,"end":2287.75},{"text":"honored","start":2287.75,"end":2288.15},{"text":"to","start":2288.15,"end":2288.23},{"text":"contribute","start":2288.23,"end":2288.75},{"text":"to","start":2288.75,"end":2288.83},{"text":"this","start":2288.83,"end":2289.03},{"text":"dialogue","start":2289.03,"end":2289.59},{"text":"as","start":2289.67,"end":2289.79},{"text":"we","start":2289.79,"end":2289.91},{"text":"prepare","start":2289.91,"end":2290.31},{"text":"for","start":2290.31,"end":2290.51},{"text":"the","start":2290.51,"end":2290.59},{"text":"FFD4.","start":2290.59,"end":2291.59}]},{"text":"As we reflect on the question, what are the key financing policy reforms and solutions that the FFD4 should deliver, it is important to emphasize the challenges encountered by middle income countries like the Philippines.","start":2292.39,"end":2305.03,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"As","start":2292.39,"end":2292.47},{"text":"we","start":2292.47,"end":2292.67},{"text":"reflect","start":2292.67,"end":2293.11},{"text":"on","start":2293.11,"end":2293.19},{"text":"the","start":2293.19,"end":2293.31},{"text":"question,","start":2293.31,"end":2293.87},{"text":"what","start":2293.87,"end":2294.11},{"text":"are","start":2294.11,"end":2294.23},{"text":"the","start":2294.23,"end":2294.35},{"text":"key","start":2294.35,"end":2294.55},{"text":"financing","start":2294.55,"end":2295.19},{"text":"policy","start":2295.19,"end":2295.63},{"text":"reforms","start":2295.63,"end":2296.11},{"text":"and","start":2296.11,"end":2296.23},{"text":"solutions","start":2296.23,"end":2296.95},{"text":"that","start":2297.27,"end":2297.43},{"text":"the","start":2297.43,"end":2297.51},{"text":"FFD4","start":2297.51,"end":2298.31},{"text":"should","start":2298.31,"end":2298.47},{"text":"deliver,","start":2298.47,"end":2299.03},{"text":"it","start":2299.43,"end":2299.51},{"text":"is","start":2299.51,"end":2299.67},{"text":"important","start":2299.67,"end":2300.27},{"text":"to","start":2300.27,"end":2300.39},{"text":"emphasize","start":2300.39,"end":2301.03},{"text":"the","start":2301.03,"end":2301.11},{"text":"challenges","start":2301.11,"end":2301.83},{"text":"encountered","start":2301.83,"end":2302.47},{"text":"by","start":2302.47,"end":2302.63},{"text":"middle","start":2302.63,"end":2302.95},{"text":"income","start":2302.95,"end":2303.35},{"text":"countries","start":2303.35,"end":2303.91},{"text":"like","start":2303.91,"end":2304.11},{"text":"the","start":2304.11,"end":2304.23},{"text":"Philippines.","start":2304.23,"end":2305.03}]},{"text":"While MIC classification recognizes progress, such as the country's significant strides in economic growth, poverty reduction, and social development, it does not account for the structural challenges that persist, coupled with the effects of climate change and vulnerability to natural disasters.","start":2305.67,"end":2323.75,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"While","start":2305.67,"end":2305.95},{"text":"MIC","start":2306.15,"end":2306.43},{"text":"classification","start":2306.55,"end":2307.43},{"text":"recognizes","start":2307.43,"end":2308.31},{"text":"progress,","start":2308.31,"end":2308.95},{"text":"such","start":2309.27,"end":2309.55},{"text":"as","start":2309.55,"end":2309.67},{"text":"the","start":2309.67,"end":2309.75},{"text":"country's","start":2309.75,"end":2310.19},{"text":"significant","start":2310.19,"end":2310.79},{"text":"strides","start":2310.79,"end":2311.19},{"text":"in","start":2311.19,"end":2311.31},{"text":"economic","start":2311.31,"end":2311.83},{"text":"growth,","start":2311.83,"end":2312.15},{"text":"poverty","start":2312.55,"end":2313.03},{"text":"reduction,","start":2313.03,"end":2313.91},{"text":"and","start":2313.91,"end":2314.15},{"text":"social","start":2314.15,"end":2314.51},{"text":"development,","start":2314.51,"end":2315.19},{"text":"it","start":2315.59,"end":2315.71},{"text":"does","start":2315.71,"end":2315.91},{"text":"not","start":2315.91,"end":2316.15},{"text":"account","start":2316.15,"end":2316.59},{"text":"for","start":2316.59,"end":2316.71},{"text":"the","start":2316.71,"end":2316.87},{"text":"structural","start":2316.87,"end":2317.51},{"text":"challenges","start":2317.51,"end":2318.07},{"text":"that","start":2318.07,"end":2318.19},{"text":"persist,","start":2318.19,"end":2318.83},{"text":"coupled","start":2319.35,"end":2319.67},{"text":"with","start":2319.67,"end":2319.79},{"text":"the","start":2319.79,"end":2319.87},{"text":"effects","start":2319.87,"end":2320.27},{"text":"of","start":2320.27,"end":2320.39},{"text":"climate","start":2320.39,"end":2320.79},{"text":"change","start":2320.79,"end":2321.23},{"text":"and","start":2321.23,"end":2321.39},{"text":"vulnerability","start":2321.39,"end":2322.15},{"text":"to","start":2322.15,"end":2322.27},{"text":"natural","start":2322.27,"end":2322.79},{"text":"disasters.","start":2322.79,"end":2323.75}]},{"text":"The economic toll of these events and long-term costs strain our domestic resources and demand for additional climate financing on top of developmental finance.","start":2324.23,"end":2334.15,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"The","start":2324.23,"end":2324.43},{"text":"economic","start":2324.43,"end":2324.95},{"text":"toll","start":2324.95,"end":2325.19},{"text":"of","start":2325.19,"end":2325.27},{"text":"these","start":2325.27,"end":2325.51},{"text":"events","start":2325.51,"end":2325.95},{"text":"and","start":2325.95,"end":2326.11},{"text":"long-term","start":2326.11,"end":2326.63},{"text":"costs","start":2326.63,"end":2327.11},{"text":"strain","start":2327.27,"end":2327.79},{"text":"our","start":2327.79,"end":2327.91},{"text":"domestic","start":2327.91,"end":2328.39},{"text":"resources","start":2328.39,"end":2329.19},{"text":"and","start":2329.43,"end":2329.63},{"text":"demand","start":2329.63,"end":2329.99},{"text":"for","start":2329.99,"end":2330.11},{"text":"additional","start":2330.11,"end":2330.63},{"text":"climate","start":2330.63,"end":2331.11},{"text":"financing","start":2331.11,"end":2331.83},{"text":"on","start":2331.91,"end":2332.15},{"text":"top","start":2332.15,"end":2332.39},{"text":"of","start":2332.39,"end":2332.55},{"text":"developmental","start":2332.55,"end":2333.35},{"text":"finance.","start":2333.35,"end":2334.15}]},{"text":"Cognizant of this, FFD4 must deliver transformative financing reforms that will allow MICs like the Philippines to sustain and enhance progress.","start":2335.35,"end":2345.03,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Cognizant","start":2335.35,"end":2335.87},{"text":"of","start":2335.91,"end":2336.07},{"text":"this,","start":2336.07,"end":2336.55},{"text":"FFD4","start":2336.63,"end":2337.67},{"text":"must","start":2337.67,"end":2337.83},{"text":"deliver","start":2337.83,"end":2338.31},{"text":"transformative","start":2338.31,"end":2339.19},{"text":"financing","start":2339.19,"end":2339.67},{"text":"reforms","start":2339.67,"end":2340.31},{"text":"that","start":2340.71,"end":2340.87},{"text":"will","start":2340.87,"end":2341.03},{"text":"allow","start":2341.03,"end":2341.43},{"text":"MICs","start":2341.43,"end":2341.99},{"text":"like","start":2341.99,"end":2342.15},{"text":"the","start":2342.15,"end":2342.23},{"text":"Philippines","start":2342.23,"end":2342.95},{"text":"to","start":2343.11,"end":2343.23},{"text":"sustain","start":2343.23,"end":2343.67},{"text":"and","start":2343.67,"end":2343.83},{"text":"enhance","start":2343.83,"end":2344.31},{"text":"progress.","start":2344.31,"end":2345.03}]},{"text":"reiterate the critical role of contingent provision of capacity building to developing countries in order for them to implement policies and actions that will accelerate the achievement of the sustainable development goals.","start":2345.67,"end":2359.83,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"reiterate","start":2345.67,"end":2346.15},{"text":"the","start":2346.15,"end":2346.31},{"text":"critical","start":2346.31,"end":2346.87},{"text":"role","start":2346.87,"end":2347.19},{"text":"of","start":2347.19,"end":2347.35},{"text":"contingent","start":2347.35,"end":2347.99},{"text":"provision","start":2348.07,"end":2348.79},{"text":"of","start":2348.79,"end":2348.91},{"text":"capacity","start":2348.91,"end":2349.59},{"text":"building","start":2349.59,"end":2350.23},{"text":"to","start":2350.51,"end":2350.63},{"text":"developing","start":2350.95,"end":2351.51},{"text":"countries","start":2351.51,"end":2352.07},{"text":"in","start":2352.07,"end":2352.23},{"text":"order","start":2352.23,"end":2352.55},{"text":"for","start":2352.55,"end":2352.71},{"text":"them","start":2352.71,"end":2353.03},{"text":"to","start":2353.35,"end":2353.51},{"text":"implement","start":2353.51,"end":2353.99},{"text":"policies","start":2353.99,"end":2354.55},{"text":"and","start":2354.55,"end":2354.71},{"text":"actions","start":2354.71,"end":2355.43},{"text":"that","start":2355.67,"end":2355.91},{"text":"will","start":2355.91,"end":2356.07},{"text":"accelerate","start":2356.07,"end":2356.79},{"text":"the","start":2356.79,"end":2356.91},{"text":"achievement","start":2356.91,"end":2357.67},{"text":"of","start":2357.67,"end":2357.91},{"text":"the","start":2357.91,"end":2357.99},{"text":"sustainable","start":2357.99,"end":2358.63},{"text":"development","start":2358.63,"end":2359.27},{"text":"goals.","start":2359.27,"end":2359.83}]},{"text":"As the Philippine aims to transition from lower to upper middle income country status, we recognize the importance of having a strong domestic resource base, which we can leverage to encourage more private sector financing.","start":2360.63,"end":2373.83,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"As","start":2360.63,"end":2360.83},{"text":"the","start":2360.83,"end":2360.95},{"text":"Philippine","start":2360.95,"end":2361.59},{"text":"aims","start":2361.59,"end":2361.99},{"text":"to","start":2361.99,"end":2362.07},{"text":"transition","start":2362.07,"end":2362.79},{"text":"from","start":2362.79,"end":2363.03},{"text":"lower","start":2363.03,"end":2363.35},{"text":"to","start":2363.35,"end":2363.51},{"text":"upper","start":2363.51,"end":2363.91},{"text":"middle","start":2363.91,"end":2364.23},{"text":"income","start":2364.23,"end":2364.63},{"text":"country","start":2364.63,"end":2364.95},{"text":"status,","start":2364.95,"end":2365.59},{"text":"we","start":2365.99,"end":2366.11},{"text":"recognize","start":2366.11,"end":2366.71},{"text":"the","start":2366.71,"end":2366.83},{"text":"importance","start":2366.83,"end":2367.43},{"text":"of","start":2367.43,"end":2367.51},{"text":"having","start":2367.51,"end":2367.95},{"text":"a","start":2367.95,"end":2367.99},{"text":"strong","start":2367.99,"end":2368.31},{"text":"domestic","start":2368.31,"end":2368.87},{"text":"resource","start":2368.87,"end":2369.43},{"text":"base,","start":2369.43,"end":2369.83},{"text":"which","start":2370.11,"end":2370.43},{"text":"we","start":2370.43,"end":2370.55},{"text":"can","start":2370.55,"end":2370.71},{"text":"leverage","start":2370.71,"end":2371.27},{"text":"to","start":2371.27,"end":2371.39},{"text":"encourage","start":2371.39,"end":2371.91},{"text":"more","start":2371.91,"end":2372.23},{"text":"private","start":2372.23,"end":2372.63},{"text":"sector","start":2372.63,"end":2373.03},{"text":"financing.","start":2373.03,"end":2373.83}]},{"text":"As the Philippines implement a whole of government approach in addressing key challenges, sufficient resources need to be in place.","start":2374.91,"end":2381.99,"topics":[],"words":[{"text":"As","start":2374.91,"end":2375.03},{"text":"the","start":2375.03,"end":2375.11},{"text":"Philippines","start":2375.11,"end":2375.59},{"text":"implement","start":2375.59,"end":2376.11},{"text":"a","start":2376.11,"end":2376.15},{"text":"whole","start":2376.15,"end":2376.43},{"text":"of","start":2376.43,"end":2376.55},{"text":"government","start":2376.55,"end":2377.03},{"text":"approach","start":2377.03,"end":2377.59},{"text":"in","start":2377.83,"end":2378.03},{"text":"addressing","start":2378.03,"end":2378.47},{"text":"key","start":2378.47,"end":2378.71},{"text":"challenges,","start":2378.71,"end":2379.51},{"text":"sufficient","start":2379.67,"end":2380.27},{"text":"resources","start":2380.27,"end":2380.95},{"text":"need","start":2380.95,"end":2381.19},{"text":"to","start":2381.19,"end":2381.27},{"text":"be","start":2381.27,"end":2381.39},{"text":"in","start":2381.39,"end":2381.51},{"text":"place.","start":2381.51,"end":2381.99}]},{"text":"Thus, the role of official development assistance remains indispensable.","start":2382.31,"end":2386.55,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Thus,","start":2382.31,"end":2382.63},{"text":"the","start":2382.63,"end":2382.79},{"text":"role","start":2382.79,"end":2383.03},{"text":"of","start":2383.03,"end":2383.15},{"text":"official","start":2383.15,"end":2383.55},{"text":"development","start":2383.55,"end":2384.07},{"text":"assistance","start":2384.07,"end":2384.87},{"text":"remains","start":2385.03,"end":2385.51},{"text":"indispensable.","start":2385.51,"end":2386.55}]},{"text":"FFD4 should reaffirm commitments to increasing ODA and ensuring its alignment with the SDGs.","start":2387.11,"end":2393.03,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"FFD4","start":2387.11,"end":2387.91},{"text":"should","start":2387.91,"end":2388.07},{"text":"reaffirm","start":2388.07,"end":2388.55},{"text":"commitments","start":2388.55,"end":2389.15},{"text":"to","start":2389.15,"end":2389.23},{"text":"increasing","start":2389.23,"end":2389.75},{"text":"ODA","start":2389.75,"end":2390.15},{"text":"and","start":2390.15,"end":2390.47},{"text":"ensuring","start":2390.71,"end":2391.27},{"text":"its","start":2391.27,"end":2391.43},{"text":"alignment","start":2391.43,"end":2391.99},{"text":"with","start":2391.99,"end":2392.11},{"text":"the","start":2392.11,"end":2392.19},{"text":"SDGs.","start":2392.19,"end":2393.03}]},{"text":"We reiterate our previous calls for multilateral development banks to enhance the quality and concessionality of their financing to avoid further burdening public budgets with high debt servicing costs.","start":2393.47,"end":2404.75,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"We","start":2393.47,"end":2393.51},{"text":"reiterate","start":2393.51,"end":2394.07},{"text":"our","start":2394.07,"end":2394.19},{"text":"previous","start":2394.19,"end":2394.67},{"text":"calls","start":2394.67,"end":2394.99},{"text":"for","start":2394.99,"end":2395.15},{"text":"multilateral","start":2395.15,"end":2395.95},{"text":"development","start":2395.95,"end":2396.55},{"text":"banks","start":2396.55,"end":2397.07},{"text":"to","start":2397.23,"end":2397.39},{"text":"enhance","start":2397.39,"end":2397.95},{"text":"the","start":2397.95,"end":2398.03},{"text":"quality","start":2398.03,"end":2398.55},{"text":"and","start":2398.55,"end":2398.67},{"text":"concessionality","start":2398.67,"end":2399.55},{"text":"of","start":2399.55,"end":2399.63},{"text":"their","start":2399.63,"end":2399.87},{"text":"financing","start":2399.87,"end":2400.59},{"text":"to","start":2400.87,"end":2400.95},{"text":"avoid","start":2400.95,"end":2401.31},{"text":"further","start":2401.31,"end":2401.71},{"text":"burdening","start":2401.71,"end":2402.19},{"text":"public","start":2402.19,"end":2402.59},{"text":"budgets","start":2402.59,"end":2403.15},{"text":"with","start":2403.15,"end":2403.31},{"text":"high","start":2403.31,"end":2403.47},{"text":"debt","start":2403.47,"end":2403.75},{"text":"servicing","start":2403.75,"end":2404.27},{"text":"costs.","start":2404.27,"end":2404.75}]},{"text":"We encourage the exploration of new approaches as well as increased collaboration and resharing among MDBs to improve access to concessional finance for developing and middle income countries while still ensuring their financial sustainability.","start":2405.23,"end":2418.91,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. 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you, Madam Chair, Excellencies, ladies and gentlemen.","start":2498.47,"end":2502.03,"topics":[],"words":[{"text":"Thank","start":2498.47,"end":2498.67},{"text":"you,","start":2498.67,"end":2498.75},{"text":"Madam","start":2498.75,"end":2499.07},{"text":"Chair,","start":2499.07,"end":2499.55},{"text":"Excellencies,","start":2500.19,"end":2500.99},{"text":"ladies","start":2500.99,"end":2501.31},{"text":"and","start":2501.31,"end":2501.43},{"text":"gentlemen.","start":2501.43,"end":2502.03}]},{"text":"Germany aligns itself with the statement just delivered by our colleague from the European Union, and I would like to highlight a couple of points from a national 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welcome the references made to the pact for the future as we must ensure building on our achievements made this September.","start":2538.19,"end":2545.15,"topics":[],"words":[{"text":"We","start":2538.19,"end":2538.43},{"text":"welcome","start":2538.43,"end":2538.75},{"text":"the","start":2538.75,"end":2538.91},{"text":"references","start":2538.91,"end":2539.43},{"text":"made","start":2539.43,"end":2539.67},{"text":"to","start":2539.67,"end":2539.87},{"text":"the","start":2539.87,"end":2539.95},{"text":"pact","start":2539.95,"end":2540.23},{"text":"for","start":2540.23,"end":2540.35},{"text":"the","start":2540.35,"end":2540.43},{"text":"future","start":2540.43,"end":2541.07},{"text":"as","start":2541.39,"end":2541.63},{"text":"we","start":2541.63,"end":2541.71},{"text":"must","start":2541.71,"end":2541.99},{"text":"ensure","start":2541.99,"end":2542.43},{"text":"building","start":2542.43,"end":2542.83},{"text":"on","start":2542.83,"end":2542.99},{"text":"our","start":2542.99,"end":2543.23},{"text":"achievements","start":2543.23,"end":2544.03},{"text":"made","start":2544.03,"end":2544.27},{"text":"this","start":2544.27,"end":2544.47},{"text":"September.","start":2544.47,"end":2545.15}]},{"text":"We welcome the actionable and ambitious proposals in the Elements paper.","start":2546.23,"end":2549.95,"topics":[],"words":[{"text":"We","start":2546.23,"end":2546.27},{"text":"welcome","start":2546.31,"end":2546.75},{"text":"the","start":2546.75,"end":2546.87},{"text":"actionable","start":2546.87,"end":2547.47},{"text":"and","start":2547.47,"end":2547.67},{"text":"ambitious","start":2547.67,"end":2548.03},{"text":"proposals","start":2548.03,"end":2548.75},{"text":"in","start":2548.75,"end":2548.95},{"text":"the","start":2548.95,"end":2549.03},{"text":"Elements","start":2549.03,"end":2549.47},{"text":"paper.","start":2549.47,"end":2549.95}]},{"text":"In particular, we welcome and support the balanced language on domestic public resources.","start":2550.27,"end":2555.79,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"In","start":2550.27,"end":2550.39},{"text":"particular,","start":2550.43,"end":2551.15},{"text":"we","start":2551.63,"end":2551.87},{"text":"welcome","start":2551.87,"end":2552.51},{"text":"and","start":2552.55,"end":2552.71},{"text":"support","start":2552.71,"end":2553.15},{"text":"the","start":2553.15,"end":2553.23},{"text":"balanced","start":2553.23,"end":2553.67},{"text":"language","start":2553.67,"end":2554.11},{"text":"on","start":2554.11,"end":2554.27},{"text":"domestic","start":2554.27,"end":2554.67},{"text":"public","start":2554.67,"end":2555.07},{"text":"resources.","start":2555.07,"end":2555.79}]},{"text":"We acknowledge the holistic view on public finances and the focus on progressive tax policies, including the fair and effective taxation of ultra-high net worth individuals.","start":2556.39,"end":2565.95,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"We","start":2556.39,"end":2556.47},{"text":"acknowledge","start":2556.47,"end":2556.91},{"text":"the","start":2556.91,"end":2556.99},{"text":"holistic","start":2556.99,"end":2557.47},{"text":"view","start":2557.47,"end":2557.75},{"text":"on","start":2557.75,"end":2557.87},{"text":"public","start":2557.87,"end":2558.19},{"text":"finances","start":2558.19,"end":2558.91},{"text":"and","start":2558.91,"end":2559.11},{"text":"the","start":2559.11,"end":2559.19},{"text":"focus","start":2559.19,"end":2559.79},{"text":"on","start":2559.79,"end":2559.95},{"text":"progressive","start":2559.95,"end":2560.51},{"text":"tax","start":2560.51,"end":2560.83},{"text":"policies,","start":2560.83,"end":2561.55},{"text":"including","start":2561.63,"end":2562.11},{"text":"the","start":2562.11,"end":2562.19},{"text":"fair","start":2562.19,"end":2562.55},{"text":"and","start":2562.55,"end":2562.67},{"text":"effective","start":2562.67,"end":2563.15},{"text":"taxation","start":2563.15,"end":2563.87},{"text":"of","start":2563.87,"end":2564.03},{"text":"ultra-high","start":2564.03,"end":2564.67},{"text":"net","start":2564.67,"end":2564.95},{"text":"worth","start":2564.95,"end":2565.23},{"text":"individuals.","start":2565.23,"end":2565.95}]},{"text":"An inclusive and effective tax architecture must support national efforts, including transition processes, and build on existing internationally coordinated mechanisms.","start":2566.87,"end":2576.03,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"An","start":2566.87,"end":2566.99},{"text":"inclusive","start":2566.99,"end":2567.55},{"text":"and","start":2567.55,"end":2567.67},{"text":"effective","start":2567.67,"end":2568.11},{"text":"tax","start":2568.11,"end":2568.43},{"text":"architecture","start":2568.43,"end":2569.15},{"text":"must","start":2569.15,"end":2569.39},{"text":"support","start":2569.39,"end":2569.79},{"text":"national","start":2569.79,"end":2570.19},{"text":"efforts,","start":2570.19,"end":2570.83},{"text":"including","start":2570.83,"end":2571.31},{"text":"transition","start":2571.31,"end":2571.79},{"text":"processes,","start":2571.79,"end":2572.51},{"text":"and","start":2572.67,"end":2572.87},{"text":"build","start":2572.87,"end":2573.11},{"text":"on","start":2573.11,"end":2573.23},{"text":"existing","start":2573.23,"end":2573.83},{"text":"internationally","start":2573.83,"end":2574.51},{"text":"coordinated","start":2574.51,"end":2575.23},{"text":"mechanisms.","start":2575.23,"end":2576.03}]},{"text":"I would also like to positively highlight the chapter on private finance and business, which is in great parts in line with our position.","start":2576.51,"end":2582.67,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"I","start":2576.51,"end":2576.63},{"text":"would","start":2576.63,"end":2576.83},{"text":"also","start":2576.83,"end":2577.07},{"text":"like","start":2577.07,"end":2577.31},{"text":"to","start":2577.31,"end":2577.39},{"text":"positively","start":2577.39,"end":2577.99},{"text":"highlight","start":2577.99,"end":2578.43},{"text":"the","start":2578.43,"end":2578.51},{"text":"chapter","start":2578.51,"end":2578.83},{"text":"on","start":2578.83,"end":2578.91},{"text":"private","start":2578.91,"end":2579.31},{"text":"finance","start":2579.31,"end":2579.79},{"text":"and","start":2579.79,"end":2579.91},{"text":"business,","start":2579.91,"end":2580.35},{"text":"which","start":2580.35,"end":2580.59},{"text":"is","start":2580.59,"end":2580.75},{"text":"in","start":2580.75,"end":2580.83},{"text":"great","start":2580.83,"end":2581.11},{"text":"parts","start":2581.11,"end":2581.47},{"text":"in","start":2581.47,"end":2581.55},{"text":"line","start":2581.55,"end":2581.79},{"text":"with","start":2581.79,"end":2581.95},{"text":"our","start":2581.95,"end":2582.15},{"text":"position.","start":2582.15,"end":2582.67}]},{"text":"Private sector mobilization is a vehicle for the socio-ecological transformation and for generating adequate financing.","start":2583.87,"end":2590.83,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Donor","start":2599.23,"end":2599.55},{"text":"countries,","start":2599.55,"end":2600.19},{"text":"MDBs,","start":2600.19,"end":2600.91},{"text":"and","start":2600.91,"end":2601.03},{"text":"the","start":2601.03,"end":2601.11},{"text":"multilateral","start":2601.11,"end":2601.87},{"text":"climate","start":2601.87,"end":2602.35},{"text":"funds","start":2602.35,"end":2602.63},{"text":"should","start":2602.63,"end":2602.83},{"text":"calibrate","start":2602.83,"end":2603.43},{"text":"their","start":2603.43,"end":2603.59},{"text":"ODA","start":2603.59,"end":2603.95},{"text":"to","start":2603.95,"end":2604.27},{"text":"mobilize","start":2604.27,"end":2604.83},{"text":"private","start":2604.83,"end":2605.31},{"text":"climate","start":2605.31,"end":2605.71},{"text":"finance","start":2605.71,"end":2606.11},{"text":"at","start":2606.11,"end":2606.19},{"text":"scale,","start":2606.19,"end":2606.75},{"text":"for","start":2606.83,"end":2606.99},{"text":"example,","start":2606.99,"end":2607.43},{"text":"through","start":2607.43,"end":2607.63},{"text":"blending","start":2607.63,"end":2608.27},{"text":"and/or","start":2608.27,"end":2608.83},{"text":"de-risking","start":2608.83,"end":2609.43},{"text":"in","start":2609.43,"end":2609.55},{"text":"the","start":2609.55,"end":2609.63},{"text":"use","start":2609.63,"end":2609.83},{"text":"of","start":2609.83,"end":2609.95},{"text":"guarantees.","start":2609.95,"end":2610.67}]},{"text":"FFD4 should mainstream climate and biodiversity concerns into development finance to ensure just transition and to keep the 1.5 degree target within reach.","start":2610.99,"end":2619.79,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"FFD4","start":2610.99,"end":2611.87},{"text":"should","start":2611.87,"end":2612.11},{"text":"mainstream","start":2612.11,"end":2612.67},{"text":"climate","start":2612.67,"end":2612.95},{"text":"and","start":2612.95,"end":2613.07},{"text":"biodiversity","start":2613.07,"end":2613.71},{"text":"concerns","start":2613.71,"end":2614.27},{"text":"into","start":2614.27,"end":2614.51},{"text":"development","start":2614.51,"end":2615.03},{"text":"finance","start":2615.03,"end":2615.47},{"text":"to","start":2615.47,"end":2615.59},{"text":"ensure","start":2615.59,"end":2616.03},{"text":"just","start":2616.03,"end":2616.35},{"text":"transition","start":2616.35,"end":2616.99},{"text":"and","start":2616.99,"end":2617.11},{"text":"to","start":2617.11,"end":2617.23},{"text":"keep","start":2617.23,"end":2617.47},{"text":"the","start":2617.47,"end":2617.59},{"text":"1.5","start":2617.59,"end":2618.27},{"text":"degree","start":2618.27,"end":2618.59},{"text":"target","start":2618.59,"end":2619.03},{"text":"within","start":2619.03,"end":2619.39},{"text":"reach.","start":2619.39,"end":2619.79}]},{"text":"The international financial architecture must be fit to deliver on the new climate finance target agreed at COP29.","start":2620.95,"end":2626.79,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. 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A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"The","start":2620.95,"end":2620.99},{"text":"international","start":2620.99,"end":2621.59},{"text":"financial","start":2621.59,"end":2621.99},{"text":"architecture","start":2621.99,"end":2622.55},{"text":"must","start":2622.55,"end":2622.79},{"text":"be","start":2622.79,"end":2622.87},{"text":"fit","start":2622.87,"end":2623.23},{"text":"to","start":2623.23,"end":2623.31},{"text":"deliver","start":2623.31,"end":2623.71},{"text":"on","start":2623.71,"end":2623.83},{"text":"the","start":2623.83,"end":2623.95},{"text":"new","start":2623.95,"end":2624.15},{"text":"climate","start":2624.15,"end":2624.55},{"text":"finance","start":2624.55,"end":2624.87},{"text":"target","start":2624.87,"end":2625.31},{"text":"agreed","start":2625.31,"end":2625.71},{"text":"at","start":2625.71,"end":2625.83},{"text":"COP29.","start":2625.83,"end":2626.79}]},{"text":"On debt, Germany is encouraged by the document's acknowledgement of structural improvements of the G20 common framework reforms and consistent participation of private creditors through the comparability of treatment principle in debt restructuring processes.","start":2627.27,"end":2641.19,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"On","start":2627.27,"end":2627.43},{"text":"debt,","start":2627.43,"end":2627.91},{"text":"Germany","start":2627.91,"end":2628.35},{"text":"is","start":2628.35,"end":2628.47},{"text":"encouraged","start":2628.47,"end":2628.95},{"text":"by","start":2628.95,"end":2629.07},{"text":"the","start":2629.07,"end":2629.15},{"text":"document's","start":2629.15,"end":2629.75},{"text":"acknowledgement","start":2629.75,"end":2630.43},{"text":"of","start":2630.43,"end":2630.51},{"text":"structural","start":2630.51,"end":2631.03},{"text":"improvements","start":2631.03,"end":2631.71},{"text":"of","start":2631.71,"end":2631.83},{"text":"the","start":2631.83,"end":2631.91},{"text":"G20","start":2631.91,"end":2632.47},{"text":"common","start":2632.47,"end":2632.79},{"text":"framework","start":2632.79,"end":2633.23},{"text":"reforms","start":2633.23,"end":2633.91},{"text":"and","start":2634.15,"end":2634.31},{"text":"consistent","start":2634.31,"end":2634.83},{"text":"participation","start":2634.83,"end":2635.59},{"text":"of","start":2635.59,"end":2635.67},{"text":"private","start":2635.67,"end":2636.11},{"text":"creditors","start":2636.11,"end":2636.71},{"text":"through","start":2636.71,"end":2636.95},{"text":"the","start":2636.95,"end":2637.03},{"text":"comparability","start":2637.03,"end":2638.07},{"text":"of","start":2638.07,"end":2638.23},{"text":"treatment","start":2638.23,"end":2638.67},{"text":"principle","start":2638.67,"end":2639.27},{"text":"in","start":2639.43,"end":2639.63},{"text":"debt","start":2639.63,"end":2639.83},{"text":"restructuring","start":2639.83,"end":2640.47},{"text":"processes.","start":2640.47,"end":2641.19}]},{"text":"To avoid duplication and to maximize efficiency, we believe that our efforts should build upon existing mechanisms and initiatives, particularly within the G20 common framework, the IMF and the World Bank.","start":2641.79,"end":2653.79,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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let me highlight our support to a robust and effective follow up mechanism as stated in the elements 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look forward to constructive discussions in the next days and over the weeks and months ahead.","start":2684.83,"end":2690.11,"topics":[],"words":[{"text":"We","start":2684.83,"end":2685.03},{"text":"look","start":2685.03,"end":2685.23},{"text":"forward","start":2685.23,"end":2685.59},{"text":"to","start":2685.59,"end":2685.87},{"text":"constructive","start":2685.87,"end":2686.43},{"text":"discussions","start":2686.43,"end":2687.15},{"text":"in","start":2687.15,"end":2687.27},{"text":"the","start":2687.27,"end":2687.35},{"text":"next","start":2687.35,"end":2687.67},{"text":"days","start":2687.67,"end":2688.19},{"text":"and","start":2688.31,"end":2688.51},{"text":"over","start":2688.51,"end":2688.75},{"text":"the","start":2688.75,"end":2688.87},{"text":"weeks","start":2688.87,"end":2689.23},{"text":"and","start":2689.23,"end":2689.35},{"text":"months","start":2689.35,"end":2689.63},{"text":"ahead.","start":2689.63,"end":2690.11}]},{"text":"Thank you, 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Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Public","start":2787.83,"end":2788.23},{"text":"financing","start":2788.23,"end":2788.95},{"text":"can","start":2788.95,"end":2789.19},{"text":"be","start":2789.19,"end":2789.43},{"text":"improved","start":2789.43,"end":2790.15},{"text":"with","start":2790.55,"end":2790.79},{"text":"effective","start":2790.79,"end":2791.43},{"text":"tax","start":2791.43,"end":2791.79},{"text":"systems","start":2791.79,"end":2792.47},{"text":"and","start":2792.63,"end":2792.87},{"text":"efficient","start":2792.87,"end":2793.55},{"text":"public","start":2793.55,"end":2793.99},{"text":"spending.","start":2793.99,"end":2794.55}]},{"text":"For a long time, Finland has been supporting building efficient tax systems, both globally, regionally, and bilaterally, and will continue to do so.","start":2795.75,"end":2807.51,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"For","start":2795.75,"end":2796.07},{"text":"a","start":2796.07,"end":2796.11},{"text":"long","start":2796.11,"end":2796.31},{"text":"time,","start":2796.31,"end":2796.79},{"text":"Finland","start":2796.95,"end":2797.51},{"text":"has","start":2797.51,"end":2797.75},{"text":"been","start":2797.75,"end":2797.99},{"text":"supporting","start":2797.99,"end":2798.79},{"text":"building","start":2798.95,"end":2799.43},{"text":"efficient","start":2799.43,"end":2799.95},{"text":"tax","start":2799.95,"end":2800.27},{"text":"systems,","start":2800.27,"end":2800.87},{"text":"both","start":2801.19,"end":2801.51},{"text":"globally,","start":2801.51,"end":2802.31},{"text":"regionally,","start":2802.71,"end":2803.43},{"text":"and","start":2803.83,"end":2804.07},{"text":"bilaterally,","start":2804.07,"end":2804.95},{"text":"and","start":2805.59,"end":2805.91},{"text":"will","start":2805.91,"end":2806.15},{"text":"continue","start":2806.15,"end":2806.79},{"text":"to","start":2806.79,"end":2806.95},{"text":"do","start":2806.95,"end":2807.19},{"text":"so.","start":2807.19,"end":2807.51}]},{"text":"Public financing is needed to develop a conducive business environment, especially for the SMEs, and to attract international investors.","start":2809.31,"end":2820.27,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Public","start":2809.31,"end":2809.63},{"text":"financing","start":2809.63,"end":2810.35},{"text":"is","start":2810.35,"end":2810.51},{"text":"needed","start":2810.51,"end":2810.91},{"text":"to","start":2810.91,"end":2811.07},{"text":"develop","start":2811.07,"end":2811.63},{"text":"a","start":2811.79,"end":2811.87},{"text":"conducive","start":2811.87,"end":2812.59},{"text":"business","start":2812.67,"end":2813.47},{"text":"environment,","start":2813.47,"end":2814.27},{"text":"especially","start":2814.83,"end":2815.55},{"text":"for","start":2815.55,"end":2815.75},{"text":"the","start":2815.75,"end":2815.91},{"text":"SMEs,","start":2815.91,"end":2816.67},{"text":"and","start":2817.31,"end":2817.67},{"text":"to","start":2817.67,"end":2817.87},{"text":"attract","start":2817.87,"end":2818.35},{"text":"international","start":2818.43,"end":2819.31},{"text":"investors.","start":2819.39,"end":2820.27}]},{"text":"Secondly, it's important to enhance the role of private sector in the FFD4 process.","start":2821.95,"end":2828.27,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Secondly,","start":2821.95,"end":2822.75},{"text":"it's","start":2822.83,"end":2823.07},{"text":"important","start":2823.07,"end":2823.75},{"text":"to","start":2823.75,"end":2823.83},{"text":"enhance","start":2823.83,"end":2824.43},{"text":"the","start":2824.43,"end":2824.59},{"text":"role","start":2824.59,"end":2825.03},{"text":"of","start":2825.03,"end":2825.15},{"text":"private","start":2825.15,"end":2825.55},{"text":"sector","start":2825.55,"end":2826.03},{"text":"in","start":2826.35,"end":2826.59},{"text":"the","start":2826.59,"end":2826.67},{"text":"FFD4","start":2826.67,"end":2827.63},{"text":"process.","start":2827.63,"end":2828.27}]},{"text":"Private finance is the largest channel to sustainable financing.","start":2829.31,"end":2833.31,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"We","start":2834.23,"end":2834.31},{"text":"need","start":2834.31,"end":2834.59},{"text":"to","start":2834.59,"end":2834.71},{"text":"find","start":2834.71,"end":2835.11},{"text":"methods","start":2835.11,"end":2835.67},{"text":"to","start":2835.67,"end":2835.83},{"text":"increase","start":2835.83,"end":2836.55},{"text":"both","start":2836.63,"end":2836.95},{"text":"domestic","start":2836.95,"end":2837.59},{"text":"and","start":2837.91,"end":2838.15},{"text":"international","start":2838.15,"end":2838.91},{"text":"private","start":2838.91,"end":2839.35},{"text":"finance","start":2839.35,"end":2839.99},{"text":"and","start":2840.31,"end":2840.55},{"text":"investments.","start":2840.55,"end":2841.43}]},{"text":"The ODA remains important, especially in the poorest countries, the LDCs, and it should be used to leverage private financing, de-risking measures and to pilot new solutions.","start":2842.55,"end":2859.03,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"The","start":2842.55,"end":2842.67},{"text":"ODA","start":2842.71,"end":2843.35},{"text":"remains","start":2843.43,"end":2844.07},{"text":"important,","start":2844.07,"end":2844.87},{"text":"especially","start":2845.19,"end":2846.07},{"text":"in","start":2847.27,"end":2847.43},{"text":"the","start":2847.43,"end":2847.59},{"text":"poorest","start":2847.59,"end":2848.07},{"text":"countries,","start":2848.07,"end":2848.79},{"text":"the","start":2848.87,"end":2848.99},{"text":"LDCs,","start":2849.03,"end":2849.91},{"text":"and","start":2850.87,"end":2851.15},{"text":"it","start":2851.15,"end":2851.27},{"text":"should","start":2851.27,"end":2851.59},{"text":"be","start":2851.59,"end":2851.83},{"text":"used","start":2851.83,"end":2852.39},{"text":"to","start":2852.55,"end":2852.71},{"text":"leverage","start":2852.71,"end":2853.27},{"text":"private","start":2853.27,"end":2853.83},{"text":"financing,","start":2853.83,"end":2854.55},{"text":"de-risking","start":2855.43,"end":2856.23},{"text":"measures","start":2856.23,"end":2856.87},{"text":"and","start":2857.11,"end":2857.39},{"text":"to","start":2857.39,"end":2857.47},{"text":"pilot","start":2857.47,"end":2858.07},{"text":"new","start":2858.07,"end":2858.31},{"text":"solutions.","start":2858.31,"end":2859.03}]},{"text":"Finland has been at the forefront in partnering with the MDBs to develop blended finance operations.","start":2860.31,"end":2867.27,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Finland","start":2860.31,"end":2860.63},{"text":"has","start":2860.63,"end":2860.87},{"text":"been","start":2860.87,"end":2861.11},{"text":"at","start":2861.11,"end":2861.27},{"text":"the","start":2861.27,"end":2861.43},{"text":"forefront","start":2861.43,"end":2862.15},{"text":"in","start":2862.15,"end":2862.31},{"text":"partnering","start":2862.31,"end":2863.03},{"text":"with","start":2863.27,"end":2863.43},{"text":"the","start":2863.43,"end":2863.51},{"text":"MDBs","start":2863.51,"end":2864.39},{"text":"to","start":2864.63,"end":2864.75},{"text":"develop","start":2864.75,"end":2865.35},{"text":"blended","start":2865.35,"end":2865.91},{"text":"finance","start":2865.91,"end":2866.43},{"text":"operations.","start":2866.43,"end":2867.27}]},{"text":"We welcome the progress the MDBs have made in their reforms.","start":2868.39,"end":2872.87,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"We","start":2868.39,"end":2868.63},{"text":"welcome","start":2868.63,"end":2869.11},{"text":"the","start":2869.11,"end":2869.23},{"text":"progress","start":2869.23,"end":2869.99},{"text":"the","start":2870.31,"end":2870.47},{"text":"MDBs","start":2870.47,"end":2871.19},{"text":"have","start":2871.19,"end":2871.35},{"text":"made","start":2871.35,"end":2871.75},{"text":"in","start":2871.75,"end":2871.99},{"text":"their","start":2871.99,"end":2872.19},{"text":"reforms.","start":2872.19,"end":2872.87}]},{"text":"The third priority for Finland is digitalization.","start":2874.39,"end":2877.99,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"The","start":2874.39,"end":2874.55},{"text":"third","start":2874.55,"end":2874.95},{"text":"priority","start":2874.95,"end":2875.59},{"text":"for","start":2875.59,"end":2875.87},{"text":"Finland","start":2875.87,"end":2876.47},{"text":"is","start":2876.63,"end":2876.87},{"text":"digitalization.","start":2876.87,"end":2877.99}]},{"text":"Innovative digital solutions and connectivity can improve access to financing and enable sustainable development.","start":2878.79,"end":2887.27,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."},{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Innovative","start":2878.79,"end":2879.51},{"text":"digital","start":2879.59,"end":2880.15},{"text":"solutions","start":2880.15,"end":2880.95},{"text":"and","start":2881.19,"end":2881.35},{"text":"connectivity","start":2881.35,"end":2882.31},{"text":"can","start":2882.71,"end":2882.91},{"text":"improve","start":2882.91,"end":2883.43},{"text":"access","start":2883.43,"end":2883.91},{"text":"to","start":2883.91,"end":2884.07},{"text":"financing","start":2884.07,"end":2884.87},{"text":"and","start":2885.11,"end":2885.43},{"text":"enable","start":2885.43,"end":2885.75},{"text":"sustainable","start":2885.75,"end":2886.55},{"text":"development.","start":2886.55,"end":2887.27}]},{"text":"We have been working with many African countries in digitalization projects and are encouraged by the positive outcomes.","start":2888.63,"end":2896.95,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing 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Markkula-Heinonen","affiliation":"FIN","affiliation_full":"Finland","group":null,"function":"Representative"}},{"statement_number":27,"start":2924.59,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=2925","paragraphs":[{"sentences":[{"text":"I thank Ms. Makalaine Bouhanist for her statement.","start":2924.59,"end":2928.15,"topics":[],"words":[{"text":"I","start":2924.59,"end":2924.63},{"text":"thank","start":2924.63,"end":2925.11},{"text":"Ms.","start":2925.23,"end":2925.59},{"text":"Makalaine","start":2925.59,"end":2926.47},{"text":"Bouhanist","start":2926.47,"end":2927.19},{"text":"for","start":2927.19,"end":2927.31},{"text":"her","start":2927.31,"end":2927.43},{"text":"statement.","start":2927.43,"end":2928.15}]},{"text":"And I now give the floor to the distinguished representative of Vietnam, Ms. Thao Nguyen Xuan.","start":2928.63,"end":2933.51,"topics":[],"words":[{"text":"And","start":2928.63,"end":2928.95},{"text":"I","start":2928.95,"end":2928.99},{"text":"now","start":2928.99,"end":2929.11},{"text":"give","start":2929.11,"end":2929.35},{"text":"the","start":2929.35,"end":2929.43},{"text":"floor","start":2929.43,"end":2929.91},{"text":"to","start":2929.91,"end":2930.03},{"text":"the","start":2930.03,"end":2930.11},{"text":"distinguished","start":2930.11,"end":2930.59},{"text":"representative","start":2930.59,"end":2931.27},{"text":"of","start":2931.27,"end":2931.39},{"text":"Vietnam,","start":2931.39,"end":2931.91},{"text":"Ms.","start":2931.91,"end":2932.15},{"text":"Thao","start":2932.15,"end":2932.47},{"text":"Nguyen","start":2932.47,"end":2933.03},{"text":"Xuan.","start":2933.03,"end":2933.51}]},{"text":"You have the 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co-facilitators for the remarkable efforts in preparing a very comprehensive element paper.","start":2940.59,"end":2950.59,"topics":[],"words":[{"text":"Vietnam","start":2940.59,"end":2940.91},{"text":"wishes","start":2940.91,"end":2941.39},{"text":"to","start":2941.39,"end":2941.63},{"text":"express","start":2941.63,"end":2942.11},{"text":"appreciation","start":2942.11,"end":2942.99},{"text":"to","start":2942.99,"end":2943.15},{"text":"the","start":2943.15,"end":2943.39},{"text":"co-facilitators","start":2943.39,"end":2944.83},{"text":"for","start":2945.23,"end":2945.47},{"text":"the","start":2945.47,"end":2945.59},{"text":"remarkable","start":2945.59,"end":2946.27},{"text":"efforts","start":2946.27,"end":2946.75},{"text":"in","start":2947.07,"end":2947.31},{"text":"preparing","start":2947.31,"end":2947.95},{"text":"a","start":2947.95,"end":2948.11},{"text":"very","start":2948.11,"end":2948.43},{"text":"comprehensive","start":2948.43,"end":2949.23},{"text":"element","start":2949.55,"end":2950.03},{"text":"paper.","start":2950.03,"end":2950.59}]},{"text":"We'd like to make three points as follows.","start":2950.99,"end":2953.39,"topics":[],"words":[{"text":"We'd","start":2950.99,"end":2951.35},{"text":"like","start":2951.35,"end":2951.47},{"text":"to","start":2951.47,"end":2951.59},{"text":"make","start":2951.59,"end":2951.79},{"text":"three","start":2951.87,"end":2952.03},{"text":"points","start":2952.03,"end":2952.51},{"text":"as","start":2952.59,"end":2952.83},{"text":"follows.","start":2952.83,"end":2953.39}]},{"text":"First, in terms of tax cooperation, we highly appreciate the initiative of developing a framework convention that aims to make global tax cooperation more inclusive and effective.","start":2953.79,"end":2965.71,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"First,","start":2953.79,"end":2954.19},{"text":"in","start":2954.51,"end":2954.67},{"text":"terms","start":2954.67,"end":2955.07},{"text":"of","start":2955.07,"end":2955.15},{"text":"tax","start":2955.15,"end":2955.47},{"text":"cooperation,","start":2955.47,"end":2956.27},{"text":"we","start":2956.67,"end":2956.91},{"text":"highly","start":2956.91,"end":2957.31},{"text":"appreciate","start":2957.31,"end":2957.95},{"text":"the","start":2958.59,"end":2958.79},{"text":"initiative","start":2958.79,"end":2959.35},{"text":"of","start":2959.35,"end":2959.43},{"text":"developing","start":2959.43,"end":2960.35},{"text":"a","start":2960.75,"end":2960.83},{"text":"framework","start":2960.83,"end":2961.35},{"text":"convention","start":2961.35,"end":2962.11},{"text":"that","start":2962.11,"end":2962.35},{"text":"aims","start":2962.35,"end":2962.59},{"text":"to","start":2962.59,"end":2962.67},{"text":"make","start":2962.67,"end":2962.87},{"text":"global","start":2962.87,"end":2963.23},{"text":"tax","start":2963.23,"end":2963.55},{"text":"cooperation","start":2963.55,"end":2964.19},{"text":"more","start":2964.19,"end":2964.35},{"text":"inclusive","start":2964.35,"end":2964.99},{"text":"and","start":2964.99,"end":2965.15},{"text":"effective.","start":2965.15,"end":2965.71}]},{"text":"We believe that taxes should be paid to the countries where economic activities occur and value is created.","start":2966.39,"end":2972.55,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. 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Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Vietnam","start":2980.75,"end":2981.19},{"text":"supports","start":2981.19,"end":2981.75},{"text":"the","start":2981.75,"end":2981.95},{"text":"exchange","start":2981.95,"end":2982.31},{"text":"of","start":2982.31,"end":2982.39},{"text":"country-by-country","start":2982.39,"end":2983.35},{"text":"report","start":2983.35,"end":2983.83},{"text":"to","start":2985.03,"end":2985.15},{"text":"create","start":2985.15,"end":2985.43},{"text":"more","start":2985.43,"end":2985.71},{"text":"tax","start":2985.71,"end":2986.07},{"text":"transparency.","start":2986.23,"end":2987.27}]},{"text":"We also need to implement reciprocal exchange of information.","start":2987.35,"end":2991.27,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"International","start":3077.23,"end":3077.87},{"text":"development","start":3077.87,"end":3078.47},{"text":"finance","start":3078.47,"end":3079.07},{"text":"should","start":3079.07,"end":3079.19},{"text":"play","start":3079.19,"end":3079.47},{"text":"the","start":3079.47,"end":3079.67},{"text":"role","start":3079.67,"end":3079.99},{"text":"of","start":3079.99,"end":3080.07},{"text":"facilitating","start":3080.07,"end":3081.15},{"text":"rather","start":3081.23,"end":3081.55},{"text":"than","start":3081.55,"end":3081.87},{"text":"putting","start":3081.87,"end":3082.27},{"text":"more","start":3082.27,"end":3082.59},{"text":"conditions","start":3082.59,"end":3083.31},{"text":"on","start":3083.31,"end":3083.51},{"text":"development.","start":3083.51,"end":3084.19}]},{"text":"Therefore, adherence to ambitious environmental, social, and governance standards in providing finance should be carefully examined so as not to create unnecessary barriers to the access to finance.","start":3084.83,"end":3101.15,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Therefore,","start":3084.83,"end":3085.47},{"text":"adherence","start":3085.55,"end":3086.27},{"text":"to","start":3086.27,"end":3086.51},{"text":"ambitious","start":3086.51,"end":3087.15},{"text":"environmental,","start":3087.15,"end":3088.11},{"text":"social,","start":3088.11,"end":3088.83},{"text":"and","start":3088.83,"end":3089.03},{"text":"governance","start":3089.03,"end":3090.23},{"text":"standards","start":3090.23,"end":3090.75},{"text":"in","start":3091.23,"end":3091.39},{"text":"providing","start":3091.39,"end":3091.87},{"text":"finance","start":3091.87,"end":3092.35},{"text":"should","start":3092.75,"end":3092.91},{"text":"be","start":3092.91,"end":3093.15},{"text":"carefully","start":3093.15,"end":3093.71},{"text":"examined","start":3093.71,"end":3094.43},{"text":"so","start":3094.75,"end":3094.99},{"text":"as","start":3094.99,"end":3095.23},{"text":"not","start":3095.23,"end":3095.67},{"text":"to","start":3095.67,"end":3095.79},{"text":"create","start":3095.79,"end":3096.43},{"text":"unnecessary","start":3096.51,"end":3097.31},{"text":"barriers","start":3097.31,"end":3097.87},{"text":"to","start":3097.87,"end":3098.35},{"text":"the","start":3098.35,"end":3098.55},{"text":"access","start":3098.55,"end":3099.15},{"text":"to","start":3099.71,"end":3100.59},{"text":"finance.","start":3100.59,"end":3101.15}]},{"text":"And a renewed global financing framework must support and promote digital transformation, knowledge sharing and technology transfer, which is crucial for addressing development gaps and achieving the SDGs.","start":3102.03,"end":3115.39,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. 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Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing 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look forward to making concrete contribution to development of the outcome document of the conference.","start":3135.19,"end":3141.43,"topics":[],"words":[{"text":"We","start":3135.19,"end":3135.31},{"text":"look","start":3135.31,"end":3135.51},{"text":"forward","start":3135.51,"end":3135.95},{"text":"to","start":3135.95,"end":3136.11},{"text":"making","start":3136.11,"end":3136.47},{"text":"concrete","start":3136.47,"end":3137.03},{"text":"contribution","start":3138.23,"end":3138.95},{"text":"to","start":3138.95,"end":3139.03},{"text":"development","start":3139.03,"end":3139.59},{"text":"of","start":3139.59,"end":3139.67},{"text":"the","start":3139.67,"end":3139.79},{"text":"outcome","start":3139.79,"end":3140.15},{"text":"document","start":3140.15,"end":3140.63},{"text":"of","start":3140.63,"end":3140.71},{"text":"the","start":3140.71,"end":3140.83},{"text":"conference.","start":3140.83,"end":3141.43}]},{"text":"I thank 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distinguished delegates, colleagues, I am honored and privileged.","start":3158.15,"end":3163.83,"topics":[],"words":[{"text":"Chair,","start":3158.15,"end":3158.39},{"text":"distinguished","start":3159.23,"end":3159.99},{"text":"delegates,","start":3160.15,"end":3160.87},{"text":"colleagues,","start":3161.27,"end":3161.91},{"text":"I","start":3162.47,"end":3162.63},{"text":"am","start":3162.67,"end":3162.87},{"text":"honored","start":3162.87,"end":3163.23},{"text":"and","start":3163.23,"end":3163.35},{"text":"privileged.","start":3163.35,"end":3163.83}]}]},{"sentences":[{"text":"To speak on behalf of the government to contribute to the proposals outlined in this comprehensive elements 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from stakeholders resulting in the production of this significant 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this renewed global financing framework must be aligned with national priorities, including the integrated national financing frameworks.","start":3180.95,"end":3189.55,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Chair,","start":3180.95,"end":3181.27},{"text":"this","start":3181.59,"end":3181.83},{"text":"renewed","start":3181.83,"end":3182.23},{"text":"global","start":3182.23,"end":3182.63},{"text":"financing","start":3182.63,"end":3183.35},{"text":"framework","start":3183.35,"end":3183.83},{"text":"must","start":3183.83,"end":3184.11},{"text":"be","start":3184.11,"end":3184.31},{"text":"aligned","start":3184.31,"end":3184.67},{"text":"with","start":3184.67,"end":3184.87},{"text":"national","start":3184.87,"end":3185.31},{"text":"priorities,","start":3185.31,"end":3186.07},{"text":"including","start":3186.47,"end":3187.11},{"text":"the","start":3187.15,"end":3187.23},{"text":"integrated","start":3187.23,"end":3187.91},{"text":"national","start":3187.91,"end":3188.31},{"text":"financing","start":3188.31,"end":3188.95},{"text":"frameworks.","start":3188.95,"end":3189.55}]},{"text":"The financing needs to achieve the SDGs are staggering and.","start":3190.07,"end":3193.55,"topics":[],"words":[{"text":"The","start":3190.07,"end":3190.19},{"text":"financing","start":3190.23,"end":3190.79},{"text":"needs","start":3190.79,"end":3191.03},{"text":"to","start":3191.03,"end":3191.23},{"text":"achieve","start":3191.23,"end":3191.59},{"text":"the","start":3191.59,"end":3191.71},{"text":"SDGs","start":3191.71,"end":3192.47},{"text":"are","start":3192.55,"end":3192.71},{"text":"staggering","start":3192.71,"end":3193.35},{"text":"and.","start":3193.35,"end":3193.55}]}]},{"sentences":[{"text":"Urgent, that it must address the diverse needs of countries in special situations and those with specific challenges, especially LDCs and SEEDs.","start":3193.55,"end":3203.59,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Urgent,","start":3193.55,"end":3194.07},{"text":"that","start":3194.47,"end":3194.63},{"text":"it","start":3194.63,"end":3194.79},{"text":"must","start":3194.79,"end":3195.15},{"text":"address","start":3195.19,"end":3195.75},{"text":"the","start":3195.75,"end":3195.91},{"text":"diverse","start":3195.91,"end":3196.39},{"text":"needs","start":3196.39,"end":3196.75},{"text":"of","start":3196.75,"end":3196.87},{"text":"countries","start":3196.87,"end":3197.43},{"text":"in","start":3197.43,"end":3197.59},{"text":"special","start":3197.59,"end":3198.03},{"text":"situations","start":3198.03,"end":3198.87},{"text":"and","start":3199.11,"end":3199.39},{"text":"those","start":3199.39,"end":3199.67},{"text":"with","start":3199.67,"end":3199.83},{"text":"specific","start":3199.83,"end":3200.47},{"text":"challenges,","start":3200.95,"end":3201.59},{"text":"especially","start":3201.59,"end":3202.23},{"text":"LDCs","start":3202.23,"end":3202.95},{"text":"and","start":3202.95,"end":3203.15},{"text":"SEEDs.","start":3203.15,"end":3203.59}]}]},{"sentences":[{"text":"As an LDC and SIDS, the development challenges and constraints in Tuvalu continue to impede development progress.","start":3204.35,"end":3211.63,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"As","start":3204.35,"end":3204.43},{"text":"an","start":3204.43,"end":3204.55},{"text":"LDC","start":3204.55,"end":3205.11},{"text":"and","start":3205.11,"end":3205.27},{"text":"SIDS,","start":3205.27,"end":3205.59},{"text":"the","start":3205.79,"end":3205.87},{"text":"development","start":3205.87,"end":3206.59},{"text":"challenges","start":3206.59,"end":3207.23},{"text":"and","start":3207.23,"end":3207.39},{"text":"constraints","start":3207.39,"end":3208.11},{"text":"in","start":3208.43,"end":3208.59},{"text":"Tuvalu","start":3208.63,"end":3209.07},{"text":"continue","start":3209.07,"end":3209.63},{"text":"to","start":3209.63,"end":3209.79},{"text":"impede","start":3209.79,"end":3210.23},{"text":"development","start":3210.23,"end":3210.87},{"text":"progress.","start":3210.87,"end":3211.63}]},{"text":"Thus, sustainable finance that is fit for purpose, tailored to small size and capacity constraints, needs to be recognized.","start":3212.19,"end":3219.27,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Thus,","start":3212.19,"end":3212.55},{"text":"sustainable","start":3212.55,"end":3213.15},{"text":"finance","start":3213.15,"end":3213.71},{"text":"that","start":3213.71,"end":3213.87},{"text":"is","start":3213.87,"end":3214.03},{"text":"fit","start":3214.03,"end":3214.31},{"text":"for","start":3214.31,"end":3214.43},{"text":"purpose,","start":3214.43,"end":3215.07},{"text":"tailored","start":3215.39,"end":3215.83},{"text":"to","start":3215.83,"end":3215.91},{"text":"small","start":3215.91,"end":3216.27},{"text":"size","start":3216.27,"end":3216.67},{"text":"and","start":3216.67,"end":3216.83},{"text":"capacity","start":3216.83,"end":3217.39},{"text":"constraints,","start":3217.39,"end":3218.03},{"text":"needs","start":3218.03,"end":3218.39},{"text":"to","start":3218.39,"end":3218.47},{"text":"be","start":3218.47,"end":3218.55},{"text":"recognized.","start":3218.55,"end":3219.27}]},{"text":"Assessing climate financing facility is extremely challenging to us.","start":3220.19,"end":3224.03,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Assessing","start":3220.19,"end":3220.83},{"text":"climate","start":3220.83,"end":3221.23},{"text":"financing","start":3221.23,"end":3221.71},{"text":"facility","start":3221.71,"end":3222.35},{"text":"is","start":3222.35,"end":3222.51},{"text":"extremely","start":3222.51,"end":3223.07},{"text":"challenging","start":3223.07,"end":3223.63},{"text":"to","start":3223.63,"end":3223.79},{"text":"us.","start":3223.79,"end":3224.03}]},{"text":"We propose FFD4 to streamline and simplify application requirements for donor countries and financial institutions to enable ease accessing the much needed financial support.","start":3224.67,"end":3235.15,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":3224.67,"end":3224.75},{"text":"propose","start":3224.75,"end":3225.27},{"text":"FFD4","start":3225.27,"end":3226.19},{"text":"to","start":3226.19,"end":3226.35},{"text":"streamline","start":3226.35,"end":3226.91},{"text":"and","start":3226.91,"end":3227.11},{"text":"simplify","start":3227.11,"end":3227.79},{"text":"application","start":3227.79,"end":3228.35},{"text":"requirements","start":3228.35,"end":3228.91},{"text":"for","start":3228.91,"end":3229.03},{"text":"donor","start":3229.43,"end":3229.79},{"text":"countries","start":3229.79,"end":3230.19},{"text":"and","start":3230.19,"end":3230.31},{"text":"financial","start":3230.31,"end":3230.87},{"text":"institutions","start":3230.87,"end":3231.67},{"text":"to","start":3231.95,"end":3232.07},{"text":"enable","start":3232.07,"end":3232.47},{"text":"ease","start":3232.47,"end":3232.75},{"text":"accessing","start":3232.75,"end":3233.39},{"text":"the","start":3233.39,"end":3233.51},{"text":"much","start":3233.51,"end":3233.79},{"text":"needed","start":3233.79,"end":3234.07},{"text":"financial","start":3234.07,"end":3234.59},{"text":"support.","start":3234.59,"end":3235.15}]},{"text":"Chair, for most small island developing states, partnership for development is key to their progress.","start":3235.63,"end":3240.91,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Chair,","start":3235.63,"end":3236.03},{"text":"for","start":3236.03,"end":3236.19},{"text":"most","start":3236.19,"end":3236.55},{"text":"small","start":3236.55,"end":3236.83},{"text":"island","start":3236.83,"end":3237.11},{"text":"developing","start":3237.11,"end":3237.47},{"text":"states,","start":3237.55,"end":3238.03},{"text":"partnership","start":3238.19,"end":3238.71},{"text":"for","start":3238.71,"end":3238.87},{"text":"development","start":3238.87,"end":3239.47},{"text":"is","start":3239.47,"end":3239.63},{"text":"key","start":3239.63,"end":3239.95},{"text":"to","start":3239.95,"end":3240.11},{"text":"their","start":3240.11,"end":3240.35},{"text":"progress.","start":3240.35,"end":3240.91}]},{"text":"due to small economies of scale.","start":3241.51,"end":3243.43,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"due","start":3241.51,"end":3241.67},{"text":"to","start":3241.67,"end":3241.75},{"text":"small","start":3241.75,"end":3242.19},{"text":"economies","start":3242.19,"end":3242.83},{"text":"of","start":3242.83,"end":3242.95},{"text":"scale.","start":3242.95,"end":3243.43}]},{"text":"To realize the nationally defined sustainable and development targets in the strategy, improve collaboration with traditional partners such as the South-South cooperation and triangular cooperation modalities continue to support countries development assistance framework.","start":3243.75,"end":3259.11,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"To","start":3243.75,"end":3243.91},{"text":"realize","start":3243.91,"end":3244.39},{"text":"the","start":3244.39,"end":3244.51},{"text":"nationally","start":3244.51,"end":3245.03},{"text":"defined","start":3245.03,"end":3245.43},{"text":"sustainable","start":3245.43,"end":3246.19},{"text":"and","start":3246.19,"end":3246.31},{"text":"development","start":3246.31,"end":3246.91},{"text":"targets","start":3246.91,"end":3247.31},{"text":"in","start":3247.31,"end":3247.39},{"text":"the","start":3247.39,"end":3247.47},{"text":"strategy,","start":3247.47,"end":3248.15},{"text":"improve","start":3248.47,"end":3248.95},{"text":"collaboration","start":3248.95,"end":3249.63},{"text":"with","start":3249.63,"end":3249.79},{"text":"traditional","start":3249.79,"end":3250.31},{"text":"partners","start":3250.31,"end":3250.79},{"text":"such","start":3250.79,"end":3251.07},{"text":"as","start":3251.07,"end":3251.27},{"text":"the","start":3251.43,"end":3251.55},{"text":"South-South","start":3251.55,"end":3252.03},{"text":"cooperation","start":3252.03,"end":3252.79},{"text":"and","start":3252.79,"end":3252.99},{"text":"triangular","start":3252.99,"end":3253.51},{"text":"cooperation","start":3253.51,"end":3254.15},{"text":"modalities","start":3254.39,"end":3255.27},{"text":"continue","start":3255.51,"end":3256.23},{"text":"to","start":3256.23,"end":3256.31},{"text":"support","start":3256.31,"end":3256.79},{"text":"countries","start":3256.79,"end":3257.27},{"text":"development","start":3257.27,"end":3257.83},{"text":"assistance","start":3257.83,"end":3258.55},{"text":"framework.","start":3258.55,"end":3259.11}]},{"text":"FFD4 must deliver in order to achieve the target of at least 0.2% of ODA GNI to LDCs, increase the share of ODA program at the country level and focus on long-term sustainable development that respond to the needs and priorities of recipient countries.","start":3260.23,"end":3276.51,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. 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Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Madam Chair, first of all, Tanzania aligns itself with the statement to be delivered by G77 and Africa Group and wishes to add the following 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Chair, I wish to express my delegation's sincere appreciation to you, distinguished co-chairs, for your able leadership of the FFD4 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also commend the co-facilitators for their diligent work in analyzing the input on the element paper submitted by member states, including my own country, Tanzania, and for providing the draft element paper, which my delegation believes has incorporated most of the input 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Chair, the United Republic of Tanzania stands in strong support of innovative financing solutions.","start":3586.21,"end":3592.53,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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trade, we advocate for inclusive and fair global trading system, revitalization of the WTO, and enhancement of regional trade framework like the Africa Continental Free Trade Areas to boost intra-trade, intra-regional trade.","start":3715.05,"end":3731.13,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional 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conclusion, Excellencies, as we prepare for FFD4, let us redouble our effort to address the challenges facing developing countries, ensuring that no one is left behind in our 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Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Many","start":3774.53,"end":3774.81},{"text":"developing","start":3774.81,"end":3775.33},{"text":"countries,","start":3775.33,"end":3775.81},{"text":"particularly","start":3775.81,"end":3776.69},{"text":"small","start":3776.69,"end":3777.01},{"text":"island","start":3777.01,"end":3777.53},{"text":"developing","start":3777.53,"end":3777.97},{"text":"states","start":3777.97,"end":3778.41},{"text":"and","start":3778.61,"end":3778.81},{"text":"least","start":3778.81,"end":3779.13},{"text":"developed","start":3779.13,"end":3779.53},{"text":"countries,","start":3779.53,"end":3780.21},{"text":"are","start":3780.37,"end":3780.61},{"text":"facing","start":3780.61,"end":3781.01},{"text":"growth","start":3781.01,"end":3781.41},{"text":"SDGs","start":3781.41,"end":3782.05},{"text":"financing","start":3782.05,"end":3782.65},{"text":"gap.","start":3782.65,"end":3782.93}]},{"text":"Furthermore, It is worsened by a lack of access to affordable finance and debt distress.","start":3783.49,"end":3790.17,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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investment is important in areas such as infrastructure, education, healthcare, and environmental protection, which can only be realized through dedicated funding from various sources, including governments, the private sector, and international 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sufficient funding, to our, the SDGs will be significantly hampered.","start":3834.21,"end":3840.45,"topics":[],"words":[{"text":"Without","start":3834.21,"end":3834.61},{"text":"sufficient","start":3834.61,"end":3835.29},{"text":"funding,","start":3835.29,"end":3835.73},{"text":"to","start":3836.21,"end":3836.77},{"text":"our,","start":3836.77,"end":3837.33},{"text":"the","start":3837.97,"end":3838.09},{"text":"SDGs","start":3838.09,"end":3838.69},{"text":"will","start":3838.69,"end":3838.85},{"text":"be","start":3838.85,"end":3839.09},{"text":"significantly","start":3839.09,"end":3839.89},{"text":"hampered.","start":3839.89,"end":3840.45}]},{"text":"Madam Chair, for Timor-Leste, financing for development is crucial to address pressing development needs.","start":3840.93,"end":3847.65,"topics":[],"words":[{"text":"Madam","start":3840.93,"end":3841.41},{"text":"Chair,","start":3841.41,"end":3841.81},{"text":"for","start":3841.97,"end":3842.21},{"text":"Timor-Leste,","start":3842.21,"end":3842.93},{"text":"financing","start":3842.93,"end":3843.41},{"text":"for","start":3843.41,"end":3843.57},{"text":"development","start":3843.57,"end":3844.33},{"text":"is","start":3844.53,"end":3844.77},{"text":"crucial","start":3844.77,"end":3845.25},{"text":"to","start":3845.25,"end":3845.41},{"text":"address","start":3845.41,"end":3845.81},{"text":"pressing","start":3845.81,"end":3846.45},{"text":"development","start":3846.61,"end":3847.25},{"text":"needs.","start":3847.25,"end":3847.65}]},{"text":"Allow me to highlight some innovative approach to financing for development in Timor-Leste, dash four.","start":3848.69,"end":3856.01,"topics":[],"words":[{"text":"Allow","start":3848.69,"end":3848.97},{"text":"me","start":3848.97,"end":3849.17},{"text":"to","start":3849.17,"end":3849.41},{"text":"highlight","start":3849.49,"end":3849.93},{"text":"some","start":3849.93,"end":3850.37},{"text":"innovative","start":3851.01,"end":3851.61},{"text":"approach","start":3851.61,"end":3852.21},{"text":"to","start":3852.89,"end":3852.97},{"text":"financing","start":3852.97,"end":3853.53},{"text":"for","start":3853.53,"end":3853.69},{"text":"development","start":3853.69,"end":3854.33},{"text":"in","start":3854.33,"end":3854.49},{"text":"Timor-Leste,","start":3854.49,"end":3855.21},{"text":"dash","start":3855.21,"end":3855.61},{"text":"four.","start":3855.61,"end":3856.01}]},{"text":"One, Timor-Leste economy is heavily reliant on income from offshore oil and gas production.","start":3856.09,"end":3863.45,"topics":[],"words":[{"text":"One,","start":3856.09,"end":3856.73},{"text":"Timor-Leste","start":3856.73,"end":3857.33},{"text":"economy","start":3857.33,"end":3857.85},{"text":"is","start":3857.85,"end":3858.01},{"text":"heavily","start":3858.01,"end":3858.57},{"text":"reliant","start":3858.73,"end":3859.53},{"text":"on","start":3859.93,"end":3860.17},{"text":"income","start":3860.17,"end":3860.65},{"text":"from","start":3860.65,"end":3860.97},{"text":"offshore","start":3860.97,"end":3861.61},{"text":"oil","start":3861.61,"end":3861.93},{"text":"and","start":3861.93,"end":3862.09},{"text":"gas","start":3862.09,"end":3862.57},{"text":"production.","start":3862.69,"end":3863.45}]},{"text":"To address this challenge, Timor-Leste is implementing an integrated national financing framework to manage funding across different sectors, aiming for a more holistic approach to development.","start":3863.77,"end":3875.77,"topics":[],"words":[{"text":"To","start":3863.77,"end":3863.93},{"text":"address","start":3863.93,"end":3864.29},{"text":"this","start":3864.29,"end":3864.45},{"text":"challenge,","start":3864.45,"end":3864.85},{"text":"Timor-Leste","start":3864.85,"end":3865.41},{"text":"is","start":3865.41,"end":3865.61},{"text":"implementing","start":3865.61,"end":3866.33},{"text":"an","start":3866.33,"end":3866.49},{"text":"integrated","start":3866.49,"end":3867.13},{"text":"national","start":3867.13,"end":3867.61},{"text":"financing","start":3867.61,"end":3868.09},{"text":"framework","start":3868.09,"end":3868.97},{"text":"to","start":3869.37,"end":3869.45},{"text":"manage","start":3869.45,"end":3869.93},{"text":"funding","start":3869.93,"end":3870.57},{"text":"across","start":3871.09,"end":3871.49},{"text":"different","start":3871.49,"end":3871.85},{"text":"sectors,","start":3871.85,"end":3872.29},{"text":"aiming","start":3872.29,"end":3872.85},{"text":"for","start":3872.93,"end":3873.25},{"text":"a","start":3873.25,"end":3873.29},{"text":"more","start":3873.29,"end":3873.65},{"text":"holistic","start":3873.65,"end":3874.29},{"text":"approach","start":3874.29,"end":3874.85},{"text":"to","start":3874.85,"end":3875.01},{"text":"development.","start":3875.01,"end":3875.77}]},{"text":"Second, the IMF has sought to mobilize funds from various sources beyond the petroleum fund, including foreign remittances, private sector investment, and international development aid.","start":3876.13,"end":3888.77,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Second,","start":3876.13,"end":3876.77},{"text":"the","start":3877.01,"end":3877.13},{"text":"IMF","start":3877.13,"end":3877.65},{"text":"has","start":3877.65,"end":3877.93},{"text":"sought","start":3877.93,"end":3878.21},{"text":"to","start":3878.21,"end":3878.29},{"text":"mobilize","start":3878.29,"end":3879.01},{"text":"funds","start":3879.01,"end":3879.33},{"text":"from","start":3879.33,"end":3879.57},{"text":"various","start":3879.57,"end":3880.53},{"text":"sources","start":3880.69,"end":3881.25},{"text":"beyond","start":3881.25,"end":3881.81},{"text":"the","start":3881.81,"end":3881.89},{"text":"petroleum","start":3881.89,"end":3882.69},{"text":"fund,","start":3882.69,"end":3883.09},{"text":"including","start":3883.25,"end":3883.81},{"text":"foreign","start":3883.81,"end":3884.21},{"text":"remittances,","start":3884.21,"end":3885.89},{"text":"private","start":3885.89,"end":3886.25},{"text":"sector","start":3886.25,"end":3886.69},{"text":"investment,","start":3886.69,"end":3887.25},{"text":"and","start":3887.25,"end":3887.37},{"text":"international","start":3887.37,"end":3888.05},{"text":"development","start":3888.05,"end":3888.57},{"text":"aid.","start":3888.57,"end":3888.77}]},{"text":"Third, to address the development gap, Timor-Leste has sought to diversify its funding sources and investing in climate resilience projects with the aim to build a more sustainable economy and better prepare for future economy.","start":3889.57,"end":3905.69,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Third,","start":3889.57,"end":3889.89},{"text":"to","start":3890.05,"end":3890.21},{"text":"address","start":3890.21,"end":3890.65},{"text":"the","start":3890.65,"end":3890.73},{"text":"development","start":3890.73,"end":3891.29},{"text":"gap,","start":3891.29,"end":3891.49},{"text":"Timor-Leste","start":3891.49,"end":3892.37},{"text":"has","start":3892.53,"end":3892.85},{"text":"sought","start":3892.85,"end":3893.09},{"text":"to","start":3893.93,"end":3894.01},{"text":"diversify","start":3894.01,"end":3894.73},{"text":"its","start":3894.97,"end":3895.29},{"text":"funding","start":3895.29,"end":3895.69},{"text":"sources","start":3895.69,"end":3896.33},{"text":"and","start":3896.57,"end":3896.81},{"text":"investing","start":3896.81,"end":3897.45},{"text":"in","start":3897.45,"end":3897.77},{"text":"climate","start":3898.33,"end":3898.73},{"text":"resilience","start":3898.73,"end":3899.29},{"text":"projects","start":3899.29,"end":3899.97},{"text":"with","start":3900.01,"end":3900.29},{"text":"the","start":3900.29,"end":3900.37},{"text":"aim","start":3900.37,"end":3900.89},{"text":"to","start":3900.97,"end":3901.13},{"text":"build","start":3901.13,"end":3901.61},{"text":"a","start":3901.61,"end":3901.65},{"text":"more","start":3901.65,"end":3901.97},{"text":"sustainable","start":3901.97,"end":3902.61},{"text":"economy","start":3902.61,"end":3903.21},{"text":"and","start":3903.21,"end":3903.41},{"text":"better","start":3903.41,"end":3903.85},{"text":"prepare","start":3904.09,"end":3904.57},{"text":"for","start":3904.57,"end":3904.85},{"text":"future","start":3904.85,"end":3905.17},{"text":"economy.","start":3905.17,"end":3905.69}]},{"text":"Madam Chair, foreign development assistance plays a vital role in supporting the development goals of recipient countries.","start":3906.17,"end":3914.01,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Madam","start":3906.17,"end":3906.65},{"text":"Chair,","start":3906.65,"end":3906.97},{"text":"foreign","start":3907.29,"end":3907.65},{"text":"development","start":3907.65,"end":3908.17},{"text":"assistance","start":3908.17,"end":3908.65},{"text":"plays","start":3908.65,"end":3909.05},{"text":"a","start":3909.05,"end":3909.09},{"text":"vital","start":3909.09,"end":3909.49},{"text":"role","start":3909.49,"end":3909.85},{"text":"in","start":3910.49,"end":3910.57},{"text":"supporting","start":3910.57,"end":3911.21},{"text":"the","start":3911.21,"end":3911.33},{"text":"development","start":3911.33,"end":3911.97},{"text":"goals","start":3911.97,"end":3912.41},{"text":"of","start":3912.65,"end":3912.81},{"text":"recipient","start":3912.81,"end":3913.41},{"text":"countries.","start":3913.41,"end":3914.01}]},{"text":"However, for this assistance to be effective and sustainable, it is essential that it align with the national priorities of the recipient countries.","start":3914.09,"end":3922.65,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"However,","start":3914.09,"end":3914.81},{"text":"for","start":3914.89,"end":3915.13},{"text":"this","start":3915.13,"end":3915.37},{"text":"assistance","start":3915.37,"end":3916.05},{"text":"to","start":3916.05,"end":3916.13},{"text":"be","start":3916.13,"end":3916.25},{"text":"effective","start":3916.25,"end":3916.81},{"text":"and","start":3916.81,"end":3916.97},{"text":"sustainable,","start":3916.97,"end":3917.69},{"text":"it","start":3917.85,"end":3918.09},{"text":"is","start":3918.09,"end":3918.25},{"text":"essential","start":3918.25,"end":3918.81},{"text":"that","start":3918.81,"end":3919.05},{"text":"it","start":3919.05,"end":3919.33},{"text":"align","start":3919.33,"end":3919.69},{"text":"with","start":3919.69,"end":3919.89},{"text":"the","start":3919.89,"end":3920.01},{"text":"national","start":3920.01,"end":3920.53},{"text":"priorities","start":3920.53,"end":3921.29},{"text":"of","start":3921.29,"end":3921.45},{"text":"the","start":3921.45,"end":3921.53},{"text":"recipient","start":3921.53,"end":3922.13},{"text":"countries.","start":3922.13,"end":3922.65}]},{"text":"The principle of countries leadership and ownership are fundamental in ensuring that foreign development assistance is aligned with national priorities.","start":3922.81,"end":3933.29,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"The","start":3922.81,"end":3922.93},{"text":"principle","start":3922.97,"end":3923.61},{"text":"of","start":3923.61,"end":3923.77},{"text":"countries","start":3923.77,"end":3924.25},{"text":"leadership","start":3924.25,"end":3924.89},{"text":"and","start":3924.89,"end":3925.33},{"text":"ownership","start":3925.45,"end":3926.09},{"text":"are","start":3926.45,"end":3926.81},{"text":"fundamental","start":3927.29,"end":3928.09},{"text":"in","start":3928.09,"end":3928.41},{"text":"ensuring","start":3928.49,"end":3929.09},{"text":"that","start":3929.09,"end":3929.29},{"text":"foreign","start":3929.29,"end":3929.61},{"text":"development","start":3929.61,"end":3930.17},{"text":"assistance","start":3930.17,"end":3930.81},{"text":"is","start":3931.05,"end":3931.29},{"text":"aligned","start":3931.29,"end":3931.77},{"text":"with","start":3931.77,"end":3931.93},{"text":"national","start":3931.93,"end":3932.41},{"text":"priorities.","start":3932.41,"end":3933.29}]},{"text":"This means that the recipient country takes the lead in identifying its development needs, setting and implementing program.","start":3933.53,"end":3942.81,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"This","start":3933.53,"end":3933.77},{"text":"means","start":3933.77,"end":3934.17},{"text":"that","start":3934.17,"end":3934.49},{"text":"the","start":3934.73,"end":3934.89},{"text":"recipient","start":3934.89,"end":3935.49},{"text":"country","start":3935.49,"end":3935.85},{"text":"takes","start":3935.85,"end":3936.57},{"text":"the","start":3936.65,"end":3936.81},{"text":"lead","start":3936.81,"end":3937.21},{"text":"in","start":3937.21,"end":3937.45},{"text":"identifying","start":3937.45,"end":3938.25},{"text":"its","start":3938.33,"end":3938.57},{"text":"development","start":3938.57,"end":3939.17},{"text":"needs,","start":3939.17,"end":3939.61},{"text":"setting","start":3939.77,"end":3940.33},{"text":"and","start":3940.57,"end":3940.81},{"text":"implementing","start":3940.81,"end":3942.17},{"text":"program.","start":3942.21,"end":3942.81}]},{"text":"Madam Chair, the outcome document of IFD4 should include urgent action to help the LDGs and SEEDS achieve sustainable development in their area.","start":3943.69,"end":3957.61,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Madam","start":3943.69,"end":3944.17},{"text":"Chair,","start":3944.17,"end":3944.49},{"text":"the","start":3945.09,"end":3945.37},{"text":"outcome","start":3946.25,"end":3946.81},{"text":"document","start":3947.85,"end":3948.89},{"text":"of","start":3948.89,"end":3949.05},{"text":"IFD4","start":3949.13,"end":3949.85},{"text":"should","start":3950.33,"end":3950.73},{"text":"include","start":3950.73,"end":3951.29},{"text":"urgent","start":3951.77,"end":3952.21},{"text":"action","start":3952.21,"end":3952.57},{"text":"to","start":3952.57,"end":3952.69},{"text":"help","start":3952.69,"end":3953.05},{"text":"the","start":3953.05,"end":3953.17},{"text":"LDGs","start":3953.17,"end":3954.09},{"text":"and","start":3954.09,"end":3954.29},{"text":"SEEDS","start":3954.29,"end":3954.65},{"text":"achieve","start":3954.89,"end":3955.25},{"text":"sustainable","start":3955.25,"end":3955.85},{"text":"development","start":3955.85,"end":3956.53},{"text":"in","start":3956.81,"end":3956.97},{"text":"their","start":3956.97,"end":3957.29},{"text":"area.","start":3957.37,"end":3957.61}]},{"text":"One is reform the international financial architecture tailor to the specific needs of SEEDS to help bridge the gap in development finance.","start":3957.77,"end":3967.53,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"One","start":3957.77,"end":3958.25},{"text":"is","start":3958.25,"end":3958.41},{"text":"reform","start":3958.41,"end":3958.97},{"text":"the","start":3958.97,"end":3959.17},{"text":"international","start":3959.17,"end":3959.85},{"text":"financial","start":3959.85,"end":3960.53},{"text":"architecture","start":3960.57,"end":3961.33},{"text":"tailor","start":3961.33,"end":3961.85},{"text":"to","start":3962.17,"end":3962.33},{"text":"the","start":3962.33,"end":3962.49},{"text":"specific","start":3962.49,"end":3963.05},{"text":"needs","start":3963.05,"end":3963.45},{"text":"of","start":3963.45,"end":3963.53},{"text":"SEEDS","start":3963.53,"end":3963.93},{"text":"to","start":3964.17,"end":3964.33},{"text":"help","start":3964.33,"end":3964.69},{"text":"bridge","start":3964.69,"end":3965.13},{"text":"the","start":3965.29,"end":3965.45},{"text":"gap","start":3965.45,"end":3965.85},{"text":"in","start":3966.17,"end":3966.37},{"text":"development","start":3966.37,"end":3966.93},{"text":"finance.","start":3966.93,"end":3967.53}]},{"text":"The second, increasing access to concessional finance such as loans with low interest rate.","start":3967.69,"end":3973.29,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"The","start":3967.69,"end":3967.81},{"text":"second,","start":3967.81,"end":3968.09},{"text":"increasing","start":3968.09,"end":3968.85},{"text":"access","start":3968.89,"end":3969.37},{"text":"to","start":3969.37,"end":3969.69},{"text":"concessional","start":3969.69,"end":3970.37},{"text":"finance","start":3970.53,"end":3971.09},{"text":"such","start":3971.09,"end":3971.21},{"text":"as","start":3971.21,"end":3971.37},{"text":"loans","start":3971.37,"end":3971.85},{"text":"with","start":3972.01,"end":3972.29},{"text":"low","start":3972.29,"end":3972.57},{"text":"interest","start":3972.57,"end":3973.05},{"text":"rate.","start":3973.05,"end":3973.29}]},{"text":"Third, innovative financing mechanism such as affordable and long-term financial--","start":3974.89,"end":3980.73,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Third,","start":3974.89,"end":3975.09},{"text":"innovative","start":3975.21,"end":3975.77},{"text":"financing","start":3975.77,"end":3976.21},{"text":"mechanism","start":3976.21,"end":3976.97},{"text":"such","start":3976.97,"end":3977.49},{"text":"as","start":3977.49,"end":3977.85},{"text":"affordable","start":3978.01,"end":3978.97},{"text":"and","start":3979.13,"end":3979.41},{"text":"long-term","start":3979.41,"end":3980.01},{"text":"financial--","start":3980.09,"end":3980.73}]}]}],"speaker":{"name":"Regina de Jesus de Sousa","affiliation":"TLS","affiliation_full":"Timor-Leste","group":null,"function":"Representative"}},{"statement_number":37,"start":3987.21,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=3988","paragraphs":[{"sentences":[{"text":"I thank Ms. D'Souza for her statement.","start":3987.21,"end":3992.81,"topics":[],"words":[{"text":"I","start":3987.21,"end":3987.45},{"text":"thank","start":3987.45,"end":3988.09},{"text":"Ms.","start":3989.57,"end":3990.01},{"text":"D'Souza","start":3991.21,"end":3991.81},{"text":"for","start":3991.81,"end":3992.01},{"text":"her","start":3992.01,"end":3992.13},{"text":"statement.","start":3992.13,"end":3992.81}]},{"text":"And I now give the floor to Mr. as I hear the distinguished representative of Yemen.","start":3993.37,"end":4001.05,"topics":[],"words":[{"text":"And","start":3993.37,"end":3993.69},{"text":"I","start":3993.69,"end":3993.73},{"text":"now","start":3993.73,"end":3993.85},{"text":"give","start":3993.85,"end":3994.09},{"text":"the","start":3994.09,"end":3994.25},{"text":"floor","start":3994.25,"end":3994.89},{"text":"to","start":3995.45,"end":3995.61},{"text":"Mr.","start":3995.61,"end":3996.65},{"text":"as","start":3997.05,"end":3997.37},{"text":"I","start":3997.37,"end":3997.45},{"text":"hear","start":3997.45,"end":3998.01},{"text":"the","start":3998.69,"end":3998.73},{"text":"distinguished","start":3998.73,"end":3999.37},{"text":"representative","start":3999.37,"end":4000.33},{"text":"of","start":4000.33,"end":4000.57},{"text":"Yemen.","start":4000.57,"end":4001.05}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":38,"start":4003.05,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=4004","paragraphs":[{"sentences":[{"text":"At the outset, Yemen aligns itself with the upcoming statements to be delivered on behalf of the group of 77 and China, as well as the group of least developed countries.","start":4003.05,"end":4015.85,"topics":[],"words":[{"text":"At","start":4003.05,"end":4003.37},{"text":"the","start":4007.13,"end":4007.33},{"text":"outset,","start":4007.33,"end":4007.69},{"text":"Yemen","start":4007.69,"end":4007.93},{"text":"aligns","start":4007.93,"end":4008.21},{"text":"itself","start":4008.21,"end":4008.65},{"text":"with","start":4008.65,"end":4008.93},{"text":"the","start":4008.93,"end":4009.01},{"text":"upcoming","start":4009.05,"end":4009.45},{"text":"statements","start":4009.45,"end":4010.01},{"text":"to","start":4010.01,"end":4010.13},{"text":"be","start":4010.13,"end":4010.25},{"text":"delivered","start":4010.25,"end":4010.73},{"text":"on","start":4010.73,"end":4010.81},{"text":"behalf","start":4010.81,"end":4011.21},{"text":"of","start":4011.21,"end":4011.37},{"text":"the","start":4011.37,"end":4011.49},{"text":"group","start":4011.49,"end":4011.89},{"text":"of","start":4012.01,"end":4012.09},{"text":"77","start":4012.09,"end":4012.77},{"text":"and","start":4012.77,"end":4012.89},{"text":"China,","start":4012.89,"end":4013.25},{"text":"as","start":4013.25,"end":4013.37},{"text":"well","start":4013.37,"end":4013.53},{"text":"as","start":4013.57,"end":4013.85},{"text":"the","start":4014.09,"end":4014.25},{"text":"group","start":4014.25,"end":4014.45},{"text":"of","start":4014.49,"end":4014.65},{"text":"least","start":4014.65,"end":4014.93},{"text":"developed","start":4014.93,"end":4015.37},{"text":"countries.","start":4015.37,"end":4015.85}]},{"text":"As a country facing multiple overlapping challenges, Yemen views the current global economic architecture at a critical juncture where global crisis and debt services payments are crowding out vital social and construction investments.","start":4016.17,"end":4029.85,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."},{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"As","start":4016.17,"end":4016.33},{"text":"a","start":4016.33,"end":4016.41},{"text":"country","start":4016.41,"end":4016.73},{"text":"facing","start":4016.73,"end":4017.21},{"text":"multiple","start":4017.37,"end":4017.93},{"text":"overlapping","start":4017.93,"end":4018.49},{"text":"challenges,","start":4018.49,"end":4019.05},{"text":"Yemen","start":4019.05,"end":4019.29},{"text":"views","start":4019.29,"end":4019.57},{"text":"the","start":4019.57,"end":4019.69},{"text":"current","start":4019.69,"end":4020.01},{"text":"global","start":4020.01,"end":4020.49},{"text":"economic","start":4020.53,"end":4020.97},{"text":"architecture","start":4020.97,"end":4021.85},{"text":"at","start":4022.41,"end":4022.57},{"text":"a","start":4022.65,"end":4022.69},{"text":"critical","start":4022.69,"end":4023.21},{"text":"juncture","start":4023.21,"end":4023.65},{"text":"where","start":4023.65,"end":4024.01},{"text":"global","start":4024.01,"end":4024.41},{"text":"crisis","start":4024.41,"end":4024.89},{"text":"and","start":4024.89,"end":4025.09},{"text":"debt","start":4025.09,"end":4025.29},{"text":"services","start":4025.29,"end":4025.77},{"text":"payments","start":4025.77,"end":4026.25},{"text":"are","start":4026.25,"end":4026.41},{"text":"crowding","start":4026.41,"end":4026.89},{"text":"out","start":4026.97,"end":4027.21},{"text":"vital","start":4027.21,"end":4027.69},{"text":"social","start":4027.69,"end":4028.17},{"text":"and","start":4028.25,"end":4028.57},{"text":"construction","start":4028.69,"end":4029.21},{"text":"investments.","start":4029.21,"end":4029.85}]},{"text":"The systemic challenge demand urgent transformation of our financing frameworks.","start":4030.57,"end":4034.81,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"The","start":4030.57,"end":4030.73},{"text":"systemic","start":4030.73,"end":4031.21},{"text":"challenge","start":4031.29,"end":4031.77},{"text":"demand","start":4031.77,"end":4032.17},{"text":"urgent","start":4032.21,"end":4032.53},{"text":"transformation","start":4032.53,"end":4033.17},{"text":"of","start":4033.17,"end":4033.29},{"text":"our","start":4033.29,"end":4033.45},{"text":"financing","start":4033.45,"end":4034.01},{"text":"frameworks.","start":4034.17,"end":4034.81}]},{"text":"We would like to emphasize several priorities from our national perspective.","start":4034.89,"end":4038.41,"topics":[],"words":[{"text":"We","start":4034.89,"end":4034.97},{"text":"would","start":4035.05,"end":4035.29},{"text":"like","start":4035.29,"end":4035.49},{"text":"to","start":4035.49,"end":4035.57},{"text":"emphasize","start":4035.57,"end":4035.93},{"text":"several","start":4035.93,"end":4036.29},{"text":"priorities","start":4036.29,"end":4036.89},{"text":"from","start":4036.89,"end":4037.13},{"text":"our","start":4037.13,"end":4037.45},{"text":"national","start":4037.45,"end":4037.77},{"text":"perspective.","start":4037.77,"end":4038.41}]},{"text":"Our experience demonstrate that separate siloed funding streams often lead to ineffective and unsustainable outcomes.","start":4039.29,"end":4046.09,"topics":[],"words":[{"text":"Our","start":4039.29,"end":4039.53},{"text":"experience","start":4039.53,"end":4040.01},{"text":"demonstrate","start":4040.01,"end":4040.49},{"text":"that","start":4040.49,"end":4040.69},{"text":"separate","start":4040.69,"end":4041.09},{"text":"siloed","start":4041.09,"end":4041.53},{"text":"funding","start":4041.53,"end":4041.93},{"text":"streams","start":4041.93,"end":4042.57},{"text":"often","start":4042.81,"end":4043.45},{"text":"lead","start":4043.45,"end":4043.69},{"text":"to","start":4043.69,"end":4043.85},{"text":"ineffective","start":4043.85,"end":4044.73},{"text":"and","start":4044.73,"end":4044.93},{"text":"unsustainable","start":4044.93,"end":4045.73},{"text":"outcomes.","start":4045.73,"end":4046.09}]},{"text":"We propose establishing coordinated funding mechanism that can flexibly respond to evolving needs while maintaining long term development objectives.","start":4046.09,"end":4055.37,"topics":[],"words":[{"text":"We","start":4046.09,"end":4046.33},{"text":"propose","start":4046.33,"end":4046.81},{"text":"establishing","start":4046.81,"end":4047.37},{"text":"coordinated","start":4047.77,"end":4048.33},{"text":"funding","start":4048.33,"end":4048.81},{"text":"mechanism","start":4049.13,"end":4049.61},{"text":"that","start":4049.61,"end":4049.77},{"text":"can","start":4049.77,"end":4049.97},{"text":"flexibly","start":4049.97,"end":4050.73},{"text":"respond","start":4051.29,"end":4051.73},{"text":"to","start":4051.73,"end":4051.85},{"text":"evolving","start":4051.85,"end":4052.33},{"text":"needs","start":4052.33,"end":4052.65},{"text":"while","start":4052.65,"end":4052.97},{"text":"maintaining","start":4052.97,"end":4053.45},{"text":"long","start":4053.45,"end":4053.69},{"text":"term","start":4053.85,"end":4054.25},{"text":"development","start":4054.33,"end":4054.77},{"text":"objectives.","start":4054.77,"end":4055.37}]},{"text":"Domestic resource mobilization must be viewed through the lens of state capacity building, while tax reforms are important and they must be accompanied by comprehensive international support for building effective financial management systems.","start":4056.45,"end":4070.77,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. 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Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"On","start":4101.41,"end":4101.49},{"text":"private","start":4101.53,"end":4101.89},{"text":"sector,","start":4101.89,"end":4102.33},{"text":"the","start":4102.49,"end":4102.61},{"text":"private","start":4102.61,"end":4102.93},{"text":"sector","start":4102.93,"end":4103.21},{"text":"engagement","start":4103.21,"end":4103.69},{"text":"requires","start":4103.69,"end":4104.01},{"text":"transformation,","start":4104.01,"end":4104.93},{"text":"not","start":4104.93,"end":4105.05},{"text":"just","start":4105.05,"end":4105.53},{"text":"expansion.","start":4105.53,"end":4106.09}]},{"text":"We must, we support the proposed international investment platform with the specialized risk mitigation facilities for fragile states, but this must be part of a broader framework that prioritizes sustainable development over profit maximization.","start":4106.41,"end":4120.97,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":4106.41,"end":4106.73},{"text":"must,","start":4106.73,"end":4107.09},{"text":"we","start":4107.45,"end":4108.25},{"text":"support","start":4108.25,"end":4108.61},{"text":"the","start":4108.61,"end":4108.73},{"text":"proposed","start":4108.73,"end":4109.13},{"text":"international","start":4109.13,"end":4109.65},{"text":"investment","start":4109.69,"end":4110.33},{"text":"platform","start":4110.49,"end":4111.13},{"text":"with","start":4111.37,"end":4111.69},{"text":"the","start":4111.69,"end":4111.77},{"text":"specialized","start":4111.77,"end":4112.29},{"text":"risk","start":4112.29,"end":4112.57},{"text":"mitigation","start":4112.57,"end":4113.13},{"text":"facilities","start":4113.13,"end":4113.77},{"text":"for","start":4113.77,"end":4113.93},{"text":"fragile","start":4113.93,"end":4114.41},{"text":"states,","start":4114.41,"end":4114.89},{"text":"but","start":4114.89,"end":4115.05},{"text":"this","start":4115.05,"end":4115.29},{"text":"must","start":4115.29,"end":4115.57},{"text":"be","start":4115.57,"end":4115.93},{"text":"part","start":4115.93,"end":4116.21},{"text":"of","start":4116.21,"end":4116.33},{"text":"a","start":4116.33,"end":4116.37},{"text":"broader","start":4116.37,"end":4116.69},{"text":"framework","start":4116.69,"end":4117.21},{"text":"that","start":4117.21,"end":4117.45},{"text":"prioritizes","start":4117.45,"end":4118.17},{"text":"sustainable","start":4118.33,"end":4118.97},{"text":"development","start":4118.97,"end":4119.53},{"text":"over","start":4119.53,"end":4119.77},{"text":"profit","start":4119.77,"end":4120.09},{"text":"maximization.","start":4120.09,"end":4120.97}]},{"text":"On climate finance, we emphasize that fragile states are often most vulnerable to climate impact while having the least access to climate finance.","start":4122.29,"end":4130.81,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"On","start":4122.29,"end":4122.41},{"text":"climate","start":4122.41,"end":4122.73},{"text":"finance,","start":4122.73,"end":4123.13},{"text":"we","start":4123.13,"end":4123.29},{"text":"emphasize","start":4123.29,"end":4123.77},{"text":"that","start":4123.77,"end":4123.89},{"text":"fragile","start":4123.89,"end":4125.05},{"text":"states","start":4125.05,"end":4125.53},{"text":"are","start":4125.61,"end":4125.77},{"text":"often","start":4125.77,"end":4126.17},{"text":"most","start":4126.17,"end":4126.49},{"text":"vulnerable","start":4126.49,"end":4127.05},{"text":"to","start":4127.05,"end":4127.25},{"text":"climate","start":4127.25,"end":4127.77},{"text":"impact","start":4127.85,"end":4128.29},{"text":"while","start":4128.29,"end":4128.57},{"text":"having","start":4128.57,"end":4128.89},{"text":"the","start":4128.89,"end":4129.09},{"text":"least","start":4129.09,"end":4129.41},{"text":"access","start":4129.45,"end":4129.85},{"text":"to","start":4129.85,"end":4129.93},{"text":"climate","start":4129.93,"end":4130.33},{"text":"finance.","start":4130.33,"end":4130.81}]},{"text":"We support the calls and the proposals for new additional grant-based financing and call for simplified access procedures for fragile states.","start":4131.33,"end":4139.17,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":4131.33,"end":4131.41},{"text":"support","start":4131.41,"end":4131.73},{"text":"the","start":4131.73,"end":4131.89},{"text":"calls","start":4131.89,"end":4132.17},{"text":"and","start":4132.17,"end":4132.29},{"text":"the","start":4132.29,"end":4132.37},{"text":"proposals","start":4132.37,"end":4132.93},{"text":"for","start":4132.93,"end":4133.17},{"text":"new","start":4133.17,"end":4133.41},{"text":"additional","start":4133.41,"end":4133.97},{"text":"grant-based","start":4133.97,"end":4134.73},{"text":"financing","start":4134.93,"end":4135.57},{"text":"and","start":4135.57,"end":4135.73},{"text":"call","start":4135.73,"end":4135.97},{"text":"for","start":4135.97,"end":4136.17},{"text":"simplified","start":4136.17,"end":4136.85},{"text":"access","start":4137.17,"end":4137.65},{"text":"procedures","start":4137.65,"end":4138.21},{"text":"for","start":4138.21,"end":4138.33},{"text":"fragile","start":4138.33,"end":4138.69},{"text":"states.","start":4138.69,"end":4139.17}]},{"text":"Regarding trade, we emphasize the need for enhancing aid for trades and support and focus on building productive capacities and trade infrastructure in conflict-affected countries.","start":4140.05,"end":4154.21,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"We","start":4188.33,"end":4188.53},{"text":"need","start":4188.53,"end":4188.89},{"text":"concrete","start":4189.05,"end":4189.61},{"text":"commitment","start":4189.93,"end":4190.45},{"text":"that","start":4190.45,"end":4190.65},{"text":"restore","start":4190.65,"end":4190.97},{"text":"the","start":4190.97,"end":4191.13},{"text":"UN","start":4191.13,"end":4191.45},{"text":"central","start":4191.45,"end":4191.81},{"text":"role","start":4191.81,"end":4192.09},{"text":"in","start":4192.09,"end":4192.25},{"text":"economic","start":4192.29,"end":4192.61},{"text":"governance","start":4192.61,"end":4193.17},{"text":"as","start":4193.17,"end":4193.29},{"text":"well","start":4193.29,"end":4193.53},{"text":"as","start":4193.53,"end":4193.69},{"text":"establishing","start":4193.69,"end":4194.25},{"text":"legally","start":4194.25,"end":4194.57},{"text":"binding","start":4194.57,"end":4195.05},{"text":"framework","start":4195.05,"end":4195.53},{"text":"for","start":4195.53,"end":4195.69},{"text":"development","start":4195.69,"end":4196.21},{"text":"cooperation.","start":4196.21,"end":4196.97}]},{"text":"Yemen stands ready to engage in this transformation.","start":4197.21,"end":4199.69,"topics":[],"words":[{"text":"Yemen","start":4197.21,"end":4197.53},{"text":"stands","start":4197.53,"end":4197.85},{"text":"ready","start":4197.85,"end":4198.09},{"text":"to","start":4198.09,"end":4198.17},{"text":"engage","start":4198.17,"end":4198.53},{"text":"in","start":4198.53,"end":4198.65},{"text":"this","start":4198.65,"end":4198.81},{"text":"transformation.","start":4198.81,"end":4199.69}]},{"text":"The time for the incremental change has passed.","start":4199.93,"end":4202.81,"topics":[],"words":[{"text":"The","start":4199.93,"end":4200.13},{"text":"time","start":4200.13,"end":4200.33},{"text":"for","start":4200.33,"end":4200.57},{"text":"the","start":4200.65,"end":4200.81},{"text":"incremental","start":4200.81,"end":4201.53},{"text":"change","start":4201.69,"end":4202.17},{"text":"has","start":4202.17,"end":4202.41},{"text":"passed.","start":4202.41,"end":4202.81}]},{"text":"We need bold systemic Thank you very much.","start":4202.89,"end":4205.69,"topics":[],"words":[{"text":"We","start":4202.89,"end":4203.21},{"text":"need","start":4203.21,"end":4203.45},{"text":"bold","start":4203.45,"end":4203.77},{"text":"systemic","start":4203.77,"end":4204.29},{"text":"Thank","start":4204.89,"end":4205.09},{"text":"you","start":4205.09,"end":4205.17},{"text":"very","start":4205.17,"end":4205.33},{"text":"much.","start":4205.33,"end":4205.69}]}]}],"speaker":{"name":"Mr. Azakhir","affiliation":"YEM","affiliation_full":"Yemen","group":null,"function":"Representative"}},{"statement_number":39,"start":4207.61,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=4208","paragraphs":[{"sentences":[{"text":"I thank Mr. Azakhir for his statement.","start":4207.61,"end":4210.89,"topics":[],"words":[{"text":"I","start":4207.61,"end":4207.77},{"text":"thank","start":4207.77,"end":4208.25},{"text":"Mr.","start":4208.25,"end":4208.65},{"text":"Azakhir","start":4208.65,"end":4209.37},{"text":"for","start":4209.53,"end":4209.85},{"text":"his","start":4209.85,"end":4210.05},{"text":"statement.","start":4210.05,"end":4210.89}]},{"text":"And I now give the floor to the permanent representative of Uganda, speaking on behalf of G77 and China.","start":4211.69,"end":4220.17,"topics":[],"words":[{"text":"And","start":4211.69,"end":4211.93},{"text":"I","start":4211.93,"end":4211.97},{"text":"now","start":4211.97,"end":4212.09},{"text":"give","start":4212.09,"end":4212.33},{"text":"the","start":4212.33,"end":4212.49},{"text":"floor","start":4212.49,"end":4212.85},{"text":"to","start":4212.85,"end":4213.13},{"text":"the","start":4213.61,"end":4213.77},{"text":"permanent","start":4213.77,"end":4214.37},{"text":"representative","start":4214.37,"end":4215.21},{"text":"of","start":4215.21,"end":4215.29},{"text":"Uganda,","start":4215.29,"end":4215.93},{"text":"speaking","start":4216.33,"end":4216.97},{"text":"on","start":4216.97,"end":4217.21},{"text":"behalf","start":4217.21,"end":4217.77},{"text":"of","start":4217.77,"end":4218.01},{"text":"G77","start":4218.01,"end":4219.13},{"text":"and","start":4219.45,"end":4219.69},{"text":"China.","start":4219.69,"end":4220.17}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":40,"start":4223.05,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=4224","paragraphs":[{"sentences":[{"text":"Co-chairs, excellencies, delegates, I have the honor to deliver this statement on behalf of the Group of 77 and 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me to commend the Pre-COM Bureau members led by co-chairs and the UN Secretariat for their valuable contribution in preparing for this 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and China emphasize that the outcome document of FFD4 should focus on addressing the financing challenge that developing countries face, including sustainable development goals, financing and investment gap, which is currently estimated between USD 2.5 trillion and 4 trillion annually.","start":4242.09,"end":4259.53,"topics":[],"words":[{"text":"G77","start":4242.09,"end":4242.85},{"text":"and","start":4242.85,"end":4242.97},{"text":"China","start":4242.97,"end":4243.17},{"text":"emphasize","start":4243.17,"end":4243.57},{"text":"that","start":4243.57,"end":4243.77},{"text":"the","start":4243.77,"end":4243.89},{"text":"outcome","start":4243.89,"end":4244.25},{"text":"document","start":4244.25,"end":4244.61},{"text":"of","start":4244.61,"end":4244.73},{"text":"FFD4","start":4244.73,"end":4245.53},{"text":"should","start":4246.17,"end":4246.41},{"text":"focus","start":4246.41,"end":4246.77},{"text":"on","start":4246.77,"end":4246.89},{"text":"addressing","start":4246.89,"end":4247.53},{"text":"the","start":4247.53,"end":4247.73},{"text":"financing","start":4247.73,"end":4248.17},{"text":"challenge","start":4248.17,"end":4248.49},{"text":"that","start":4248.49,"end":4248.61},{"text":"developing","start":4248.61,"end":4248.97},{"text":"countries","start":4248.97,"end":4249.61},{"text":"face,","start":4249.61,"end":4250.09},{"text":"including","start":4250.09,"end":4250.53},{"text":"sustainable","start":4250.53,"end":4251.21},{"text":"development","start":4251.81,"end":4252.25},{"text":"goals,","start":4252.25,"end":4252.81},{"text":"financing","start":4252.81,"end":4253.69},{"text":"and","start":4253.69,"end":4253.85},{"text":"investment","start":4253.85,"end":4254.29},{"text":"gap,","start":4254.29,"end":4254.57},{"text":"which","start":4255.13,"end":4255.37},{"text":"is","start":4255.37,"end":4255.53},{"text":"currently","start":4255.53,"end":4255.89},{"text":"estimated","start":4255.89,"end":4256.41},{"text":"between","start":4256.41,"end":4256.77},{"text":"USD","start":4256.77,"end":4257.13},{"text":"2.5","start":4257.13,"end":4257.77},{"text":"trillion","start":4257.77,"end":4258.25},{"text":"and","start":4258.41,"end":4258.57},{"text":"4","start":4258.57,"end":4258.73},{"text":"trillion","start":4258.73,"end":4259.13},{"text":"annually.","start":4259.13,"end":4259.53}]},{"text":"This widening financing in developing countries is heightened into earlier by elevated debt burdens, rising illicit financial flows, trade protectionism, unilateral coercive measures, outdated international financial architecture, and adverse impacts of climate change.","start":4260.21,"end":4279.05,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."},{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."},{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."},{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"This","start":4260.21,"end":4260.41},{"text":"widening","start":4260.41,"end":4260.97},{"text":"financing","start":4260.97,"end":4261.69},{"text":"in","start":4261.77,"end":4261.93},{"text":"developing","start":4261.93,"end":4262.41},{"text":"countries","start":4262.41,"end":4263.05},{"text":"is","start":4263.61,"end":4264.01},{"text":"heightened","start":4264.01,"end":4264.57},{"text":"into","start":4264.57,"end":4264.85},{"text":"earlier","start":4264.85,"end":4265.37},{"text":"by","start":4265.45,"end":4265.65},{"text":"elevated","start":4265.65,"end":4266.21},{"text":"debt","start":4266.21,"end":4266.41},{"text":"burdens,","start":4266.49,"end":4266.97},{"text":"rising","start":4266.97,"end":4267.41},{"text":"illicit","start":4267.41,"end":4267.77},{"text":"financial","start":4267.77,"end":4268.29},{"text":"flows,","start":4268.29,"end":4268.73},{"text":"trade","start":4269.17,"end":4269.37},{"text":"protectionism,","start":4269.37,"end":4270.33},{"text":"unilateral","start":4270.33,"end":4270.89},{"text":"coercive","start":4270.89,"end":4271.29},{"text":"measures,","start":4271.29,"end":4271.85},{"text":"outdated","start":4271.85,"end":4272.49},{"text":"international","start":4273.09,"end":4273.65},{"text":"financial","start":4273.65,"end":4274.09},{"text":"architecture,","start":4274.09,"end":4274.81},{"text":"and","start":4275.61,"end":4276.01},{"text":"adverse","start":4276.09,"end":4276.97},{"text":"impacts","start":4277.21,"end":4277.85},{"text":"of","start":4277.97,"end":4278.25},{"text":"climate","start":4278.25,"end":4278.57},{"text":"change.","start":4278.57,"end":4279.05}]},{"text":"We reaffirm our longstanding position that achieving sustainable development, including sustainable development goals, requires new additional quality, adequate, sustainable, and predictable financing.","start":4279.05,"end":4291.81,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"We","start":4279.05,"end":4279.45},{"text":"reaffirm","start":4279.61,"end":4280.17},{"text":"our","start":4281.05,"end":4281.17},{"text":"longstanding","start":4281.21,"end":4281.93},{"text":"position","start":4281.93,"end":4282.33},{"text":"that","start":4282.33,"end":4282.49},{"text":"achieving","start":4282.49,"end":4282.89},{"text":"sustainable","start":4282.89,"end":4283.33},{"text":"development,","start":4283.33,"end":4283.77},{"text":"including","start":4283.77,"end":4284.21},{"text":"sustainable","start":4284.21,"end":4284.61},{"text":"development","start":4284.61,"end":4285.05},{"text":"goals,","start":4285.05,"end":4285.37},{"text":"requires","start":4285.85,"end":4286.37},{"text":"new","start":4286.37,"end":4286.69},{"text":"additional","start":4286.69,"end":4287.41},{"text":"quality,","start":4287.49,"end":4288.13},{"text":"adequate,","start":4288.13,"end":4288.65},{"text":"sustainable,","start":4288.65,"end":4289.33},{"text":"and","start":4289.33,"end":4289.49},{"text":"predictable","start":4289.49,"end":4290.29},{"text":"financing.","start":4291.09,"end":4291.81}]},{"text":"Excellencies, the group stresses that addressing limited fiscal space in developing countries requires closing financing and investment gaps at a scale and with urgency.","start":4291.89,"end":4304.29,"topics":[],"words":[{"text":"Excellencies,","start":4291.89,"end":4292.61},{"text":"the","start":4293.25,"end":4293.37},{"text":"group","start":4293.41,"end":4293.81},{"text":"stresses","start":4294.13,"end":4294.61},{"text":"that","start":4294.61,"end":4294.77},{"text":"addressing","start":4294.77,"end":4295.41},{"text":"limited","start":4295.41,"end":4296.29},{"text":"fiscal","start":4296.29,"end":4296.65},{"text":"space","start":4296.65,"end":4297.17},{"text":"in","start":4297.25,"end":4297.45},{"text":"developing","start":4297.45,"end":4297.85},{"text":"countries","start":4297.85,"end":4298.37},{"text":"requires","start":4298.37,"end":4298.93},{"text":"closing","start":4299.25,"end":4299.73},{"text":"financing","start":4299.73,"end":4300.45},{"text":"and","start":4300.45,"end":4300.93},{"text":"investment","start":4301.25,"end":4301.73},{"text":"gaps","start":4301.73,"end":4302.05},{"text":"at","start":4302.05,"end":4302.29},{"text":"a","start":4302.29,"end":4302.33},{"text":"scale","start":4302.33,"end":4302.77},{"text":"and","start":4303.33,"end":4303.53},{"text":"with","start":4303.53,"end":4303.69},{"text":"urgency.","start":4303.77,"end":4304.29}]},{"text":"The group emphasizes that urgent action to address the limited fiscal space and accelerate the implementation of the 2030 agenda and the achievement of its sustainable development countries should include inter alia the following: a) urgent reform of the international financial architecture to close the SDG financing gap, including international financial institutions and multilateral development banks; b) governance reform, especially of IMF and the World Bank, to broaden and strengthen the voice and participation and representation of developing countries in international economic decision-making; norm setting and global economic governance.","start":4304.29,"end":4345.25,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"B,","start":4345.25,"end":4345.57},{"text":"promote","start":4346.25,"end":4346.69},{"text":"access","start":4346.69,"end":4347.01},{"text":"to","start":4347.01,"end":4347.17},{"text":"grants,","start":4347.17,"end":4347.65},{"text":"concessional","start":4347.65,"end":4348.29},{"text":"finance,","start":4348.29,"end":4348.89},{"text":"and","start":4348.89,"end":4349.01},{"text":"affordable,","start":4349.01,"end":4349.53},{"text":"predictable,","start":4349.53,"end":4350.13},{"text":"long-term","start":4350.61,"end":4351.13},{"text":"financing","start":4351.13,"end":4351.73},{"text":"at","start":4351.89,"end":4352.05},{"text":"scale","start":4352.05,"end":4352.53},{"text":"by","start":4353.17,"end":4353.33},{"text":"all","start":4353.41,"end":4353.73},{"text":"developing","start":4355.49,"end":4355.89},{"text":"countries,","start":4355.89,"end":4356.53},{"text":"in","start":4356.65,"end":4356.77},{"text":"particular,","start":4356.77,"end":4357.37},{"text":"all","start":4358.37,"end":4358.45},{"text":"developing","start":4358.45,"end":4358.81},{"text":"countries,","start":4358.81,"end":4359.09},{"text":"in","start":4359.09,"end":4359.17},{"text":"particular,","start":4359.17,"end":4359.61},{"text":"African","start":4359.61,"end":4359.97},{"text":"countries,","start":4359.97,"end":4360.45},{"text":"LLDCs,","start":4360.45,"end":4361.65},{"text":"SEEDS,","start":4361.65,"end":4362.13},{"text":"and","start":4362.17,"end":4362.29},{"text":"MICs.","start":4362.45,"end":4363.41}]},{"text":"C, improve global sovereign debt architecture with the meaningful participation of all developing countries, elimination of the surcharge policy by IMF, E, issue new general allocations of SDRs with distribution to developing countries according to their needs.","start":4363.97,"end":4380.65,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"C,","start":4363.97,"end":4364.29},{"text":"improve","start":4364.29,"end":4364.85},{"text":"global","start":4364.85,"end":4365.17},{"text":"sovereign","start":4365.17,"end":4366.05},{"text":"debt","start":4366.05,"end":4366.29},{"text":"architecture","start":4366.29,"end":4366.85},{"text":"with","start":4366.85,"end":4366.97},{"text":"the","start":4366.97,"end":4367.05},{"text":"meaningful","start":4367.05,"end":4367.49},{"text":"participation","start":4367.49,"end":4368.01},{"text":"of","start":4368.01,"end":4368.13},{"text":"all","start":4368.13,"end":4368.21},{"text":"developing","start":4368.21,"end":4368.61},{"text":"countries,","start":4368.61,"end":4369.09},{"text":"elimination","start":4369.57,"end":4370.13},{"text":"of","start":4370.13,"end":4370.21},{"text":"the","start":4370.21,"end":4370.33},{"text":"surcharge","start":4370.33,"end":4370.77},{"text":"policy","start":4370.77,"end":4371.09},{"text":"by","start":4371.09,"end":4371.33},{"text":"IMF,","start":4371.37,"end":4371.81},{"text":"E,","start":4372.97,"end":4373.21},{"text":"issue","start":4373.53,"end":4374.01},{"text":"new","start":4374.01,"end":4374.41},{"text":"general","start":4374.49,"end":4374.89},{"text":"allocations","start":4374.89,"end":4375.49},{"text":"of","start":4375.49,"end":4375.61},{"text":"SDRs","start":4375.61,"end":4376.33},{"text":"with","start":4376.73,"end":4376.85},{"text":"distribution","start":4376.85,"end":4377.69},{"text":"to","start":4378.49,"end":4378.57},{"text":"developing","start":4378.57,"end":4378.97},{"text":"countries","start":4378.97,"end":4379.45},{"text":"according","start":4379.45,"end":4379.89},{"text":"to","start":4379.89,"end":4380.01},{"text":"their","start":4380.01,"end":4380.25},{"text":"needs.","start":4380.25,"end":4380.65}]},{"text":"F, rechanneling of unutilized existing and newly allocated special drawing rights from countries through MDBs to developing countries most in need of liquidity and regional development banks.","start":4381.29,"end":4397.77,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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Madam Chair, Excellencies, I have the honor to deliver this statement on behalf of the Like-Minded Group of countries for middle-income countries composed of Armenia, Belarus, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Jamaica, Lebanon, Mexico, Morocco, Namibia, Panama, Peru, Uruguay, and my own country, the 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the outset, we commend the co-chairs and the permanent representatives of Burundi and Portugal for their valuable 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co-facilitators, the permanent representatives of Nepal, Norway, Mexico and Zambia for the elements 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we are paving the road to Spain, this second Preparatory Committee is a critical moment to build on the discussions in Addis Ababa last July, and to have a concrete discussion with the aim to prepare common ground for negotiations of the zero draft of the outcome document of 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while we appreciate the substantive nature of the elements paper, as well as the structure of the action areas, which forms a good basis for discussion and preparation for the zero draft, We regret the lack of emphasis on the specific challenges facing middle-income countries, including the middle-income trap, which requires a shift in international development cooperation for MICs.","start":4666.49,"end":4690.25,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Excellencies,","start":4666.49,"end":4667.37},{"text":"while","start":4667.41,"end":4667.69},{"text":"we","start":4667.69,"end":4667.85},{"text":"appreciate","start":4667.85,"end":4668.49},{"text":"the","start":4668.49,"end":4668.65},{"text":"substantive","start":4668.65,"end":4669.37},{"text":"nature","start":4669.37,"end":4669.73},{"text":"of","start":4669.73,"end":4669.81},{"text":"the","start":4669.81,"end":4669.97},{"text":"elements","start":4669.97,"end":4670.37},{"text":"paper,","start":4670.37,"end":4670.89},{"text":"as","start":4671.21,"end":4671.37},{"text":"well","start":4671.37,"end":4671.57},{"text":"as","start":4671.57,"end":4671.69},{"text":"the","start":4671.69,"end":4671.77},{"text":"structure","start":4671.77,"end":4672.25},{"text":"of","start":4672.25,"end":4672.33},{"text":"the","start":4672.33,"end":4672.45},{"text":"action","start":4672.45,"end":4672.89},{"text":"areas,","start":4672.97,"end":4673.53},{"text":"which","start":4673.81,"end":4674.09},{"text":"forms","start":4674.09,"end":4674.41},{"text":"a","start":4674.41,"end":4674.45},{"text":"good","start":4674.45,"end":4674.69},{"text":"basis","start":4674.69,"end":4675.13},{"text":"for","start":4675.13,"end":4675.33},{"text":"discussion","start":4675.33,"end":4675.93},{"text":"and","start":4675.93,"end":4676.05},{"text":"preparation","start":4676.05,"end":4676.73},{"text":"for","start":4676.73,"end":4676.89},{"text":"the","start":4676.89,"end":4676.97},{"text":"zero","start":4676.97,"end":4677.29},{"text":"draft,","start":4677.29,"end":4677.77},{"text":"We","start":4678.33,"end":4678.41},{"text":"regret","start":4678.41,"end":4678.81},{"text":"the","start":4678.81,"end":4678.93},{"text":"lack","start":4678.93,"end":4679.21},{"text":"of","start":4679.21,"end":4679.37},{"text":"emphasis","start":4679.37,"end":4680.01},{"text":"on","start":4680.01,"end":4680.09},{"text":"the","start":4680.09,"end":4680.25},{"text":"specific","start":4680.25,"end":4680.81},{"text":"challenges","start":4680.81,"end":4681.61},{"text":"facing","start":4681.85,"end":4682.33},{"text":"middle-income","start":4682.33,"end":4682.97},{"text":"countries,","start":4682.97,"end":4683.61},{"text":"including","start":4683.85,"end":4684.37},{"text":"the","start":4684.37,"end":4684.49},{"text":"middle-income","start":4684.49,"end":4685.13},{"text":"trap,","start":4685.13,"end":4685.53},{"text":"which","start":4685.53,"end":4685.77},{"text":"requires","start":4685.77,"end":4686.33},{"text":"a","start":4686.33,"end":4686.37},{"text":"shift","start":4686.37,"end":4686.85},{"text":"in","start":4687.21,"end":4687.41},{"text":"international","start":4687.41,"end":4688.17},{"text":"development","start":4688.17,"end":4688.73},{"text":"cooperation","start":4688.73,"end":4689.53},{"text":"for","start":4689.53,"end":4689.77},{"text":"MICs.","start":4689.77,"end":4690.25}]},{"text":"Despite being home to 62 percent of the world's poor, MICs often lack the necessary support and access to finance, especially concessional and also non-concessional finance.","start":4691.25,"end":4703.61,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Despite","start":4691.25,"end":4691.69},{"text":"being","start":4691.69,"end":4692.01},{"text":"home","start":4692.01,"end":4692.25},{"text":"to","start":4692.25,"end":4692.37},{"text":"62","start":4692.37,"end":4693.05},{"text":"percent","start":4693.05,"end":4693.49},{"text":"of","start":4693.49,"end":4693.57},{"text":"the","start":4693.57,"end":4693.69},{"text":"world's","start":4693.69,"end":4694.09},{"text":"poor,","start":4694.09,"end":4694.49},{"text":"MICs","start":4694.81,"end":4695.37},{"text":"often","start":4695.37,"end":4695.69},{"text":"lack","start":4695.69,"end":4696.01},{"text":"the","start":4696.09,"end":4696.25},{"text":"necessary","start":4696.25,"end":4696.97},{"text":"support","start":4696.97,"end":4697.45},{"text":"and","start":4697.49,"end":4697.61},{"text":"access","start":4697.61,"end":4698.01},{"text":"to","start":4698.01,"end":4698.21},{"text":"finance,","start":4698.21,"end":4698.97},{"text":"especially","start":4699.33,"end":4699.93},{"text":"concessional","start":4699.93,"end":4700.81},{"text":"and","start":4701.37,"end":4701.57},{"text":"also","start":4701.57,"end":4701.85},{"text":"non-concessional","start":4701.85,"end":4702.97},{"text":"finance.","start":4702.97,"end":4703.61}]},{"text":"to address their mounting debt burdens as well as climate vulnerabilities and social inequalities.","start":4704.37,"end":4710.69,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"to","start":4704.37,"end":4704.45},{"text":"address","start":4704.49,"end":4704.85},{"text":"their","start":4704.85,"end":4705.01},{"text":"mounting","start":4705.01,"end":4705.49},{"text":"debt","start":4705.49,"end":4705.97},{"text":"burdens","start":4705.97,"end":4706.53},{"text":"as","start":4706.53,"end":4706.69},{"text":"well","start":4706.69,"end":4706.93},{"text":"as","start":4706.93,"end":4707.01},{"text":"climate","start":4707.01,"end":4707.45},{"text":"vulnerabilities","start":4707.45,"end":4708.61},{"text":"and","start":4708.93,"end":4709.17},{"text":"social","start":4709.17,"end":4709.65},{"text":"inequalities.","start":4709.65,"end":4710.69}]},{"text":"In this regard, the LMG makes calls for giving the necessary space and attention to the specific situation of middle-income countries and financing solutions to overcome the current status quo of how development finance is channeled to mix due to their categorization, which clearly does not provide ample support during shocks including the pandemic, the cost of living crisis and geopolitical tensions.","start":4711.33,"end":4738.53,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"In","start":4711.33,"end":4711.49},{"text":"this","start":4711.49,"end":4711.73},{"text":"regard,","start":4711.73,"end":4712.29},{"text":"the","start":4712.61,"end":4712.73},{"text":"LMG","start":4712.73,"end":4713.41},{"text":"makes","start":4713.41,"end":4714.13},{"text":"calls","start":4714.13,"end":4714.61},{"text":"for","start":4714.61,"end":4714.77},{"text":"giving","start":4714.77,"end":4715.17},{"text":"the","start":4715.17,"end":4715.29},{"text":"necessary","start":4715.29,"end":4715.97},{"text":"space","start":4715.97,"end":4716.41},{"text":"and","start":4716.41,"end":4716.53},{"text":"attention","start":4716.53,"end":4717.25},{"text":"to","start":4717.49,"end":4717.57},{"text":"the","start":4717.65,"end":4717.93},{"text":"specific","start":4717.93,"end":4718.53},{"text":"situation","start":4718.53,"end":4719.29},{"text":"of","start":4719.29,"end":4719.41},{"text":"middle-income","start":4719.41,"end":4719.97},{"text":"countries","start":4719.97,"end":4720.53},{"text":"and","start":4720.85,"end":4721.09},{"text":"financing","start":4721.09,"end":4721.57},{"text":"solutions","start":4721.57,"end":4722.21},{"text":"to","start":4722.21,"end":4722.33},{"text":"overcome","start":4722.33,"end":4722.77},{"text":"the","start":4722.77,"end":4722.93},{"text":"current","start":4722.93,"end":4723.37},{"text":"status","start":4723.37,"end":4723.89},{"text":"quo","start":4723.89,"end":4724.37},{"text":"of","start":4725.05,"end":4725.17},{"text":"how","start":4725.17,"end":4725.33},{"text":"development","start":4725.33,"end":4726.01},{"text":"finance","start":4726.01,"end":4726.45},{"text":"is","start":4726.45,"end":4726.53},{"text":"channeled","start":4726.53,"end":4727.09},{"text":"to","start":4727.09,"end":4727.17},{"text":"mix","start":4727.17,"end":4727.81},{"text":"due","start":4728.21,"end":4728.53},{"text":"to","start":4728.53,"end":4728.65},{"text":"their","start":4728.65,"end":4728.93},{"text":"categorization,","start":4728.93,"end":4729.93},{"text":"which","start":4729.93,"end":4730.13},{"text":"clearly","start":4730.13,"end":4730.61},{"text":"does","start":4730.61,"end":4730.85},{"text":"not","start":4730.85,"end":4730.97},{"text":"provide","start":4730.97,"end":4731.49},{"text":"ample","start":4731.49,"end":4731.81},{"text":"support","start":4731.81,"end":4732.33},{"text":"during","start":4732.33,"end":4732.61},{"text":"shocks","start":4732.61,"end":4733.17},{"text":"including","start":4733.77,"end":4734.21},{"text":"the","start":4734.21,"end":4734.29},{"text":"pandemic,","start":4734.29,"end":4735.01},{"text":"the","start":4735.25,"end":4735.41},{"text":"cost","start":4735.41,"end":4735.69},{"text":"of","start":4735.69,"end":4735.81},{"text":"living","start":4735.81,"end":4736.13},{"text":"crisis","start":4736.13,"end":4736.77},{"text":"and","start":4736.77,"end":4737.05},{"text":"geopolitical","start":4737.05,"end":4737.81},{"text":"tensions.","start":4737.81,"end":4738.53}]},{"text":"The group welcomes the subsection dedicated to expanding access to congressional financing, including for smooth transitions for graduating countries.","start":4739.25,"end":4748.85,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. 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A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Going","start":4764.37,"end":4764.69},{"text":"beyond","start":4764.69,"end":4765.05},{"text":"GDP","start":4765.05,"end":4765.81},{"text":"will","start":4765.81,"end":4766.05},{"text":"address","start":4766.05,"end":4766.45},{"text":"the","start":4766.45,"end":4766.53},{"text":"systemic","start":4766.53,"end":4767.17},{"text":"barriers","start":4767.17,"end":4767.81},{"text":"to","start":4768.17,"end":4768.29},{"text":"financing","start":4768.29,"end":4768.85},{"text":"for","start":4768.85,"end":4768.97},{"text":"development.","start":4768.97,"end":4769.65}]},{"text":"Excellencies, we reaffirm our deep concern that global initiatives on debt sustainably do not address fairly the needs of highly indebted developing countries, including the middle income countries.","start":4770.45,"end":4782.85,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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attention.","start":4931.45,"end":4932.97,"topics":[],"words":[{"text":"I","start":4931.45,"end":4931.61},{"text":"thank","start":4931.61,"end":4931.85},{"text":"you","start":4931.85,"end":4932.01},{"text":"for","start":4932.01,"end":4932.17},{"text":"your","start":4932.17,"end":4932.33},{"text":"attention.","start":4932.33,"end":4932.97}]}]}],"speaker":{"name":null,"affiliation":"PHL","affiliation_full":"Philippines","group":"LMG","function":"Permanent Representative"}},{"statement_number":43,"start":4934.65,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=4935","paragraphs":[{"sentences":[{"text":"I thank the Permanent Representative of the Philippines for his statement, and I now give the floor to the Permanent Representative of 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distinguished delegates, I have the honor to deliver this statement on behalf of the Group of Landlocked Developing Countries, LLDCs.","start":4946.37,"end":4955.05,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Excellencies,","start":4946.37,"end":4947.33},{"text":"distinguished","start":4947.49,"end":4948.17},{"text":"delegates,","start":4948.17,"end":4948.61},{"text":"I","start":4949.25,"end":4949.37},{"text":"have","start":4949.37,"end":4949.57},{"text":"the","start":4949.57,"end":4949.69},{"text":"honor","start":4949.69,"end":4949.97},{"text":"to","start":4949.97,"end":4950.05},{"text":"deliver","start":4950.05,"end":4950.45},{"text":"this","start":4950.45,"end":4950.93},{"text":"statement","start":4951.01,"end":4951.49},{"text":"on","start":4951.49,"end":4951.65},{"text":"behalf","start":4951.65,"end":4951.97},{"text":"of","start":4951.97,"end":4952.05},{"text":"the","start":4952.05,"end":4952.21},{"text":"Group","start":4952.21,"end":4952.45},{"text":"of","start":4952.45,"end":4952.61},{"text":"Landlocked","start":4952.61,"end":4952.97},{"text":"Developing","start":4952.97,"end":4953.41},{"text":"Countries,","start":4953.41,"end":4954.13},{"text":"LLDCs.","start":4954.21,"end":4955.05}]},{"text":"At the outset, allow me to express our gratitude to the co-chairs of the outcome document of the Fourth International Conference on Financing for Development for sharing the draft element paper for the outcome document.","start":4955.65,"end":4969.57,"topics":[],"words":[{"text":"At","start":4955.65,"end":4955.77},{"text":"the","start":4955.77,"end":4956.01},{"text":"outset,","start":4956.01,"end":4956.45},{"text":"allow","start":4956.45,"end":4956.65},{"text":"me","start":4956.65,"end":4956.85},{"text":"to","start":4956.85,"end":4956.97},{"text":"express","start":4956.97,"end":4957.81},{"text":"our","start":4958.13,"end":4958.25},{"text":"gratitude","start":4958.29,"end":4958.89},{"text":"to","start":4958.89,"end":4958.97},{"text":"the","start":4959.01,"end":4959.09},{"text":"co-chairs","start":4959.09,"end":4960.05},{"text":"of","start":4960.13,"end":4960.45},{"text":"the","start":4960.53,"end":4960.73},{"text":"outcome","start":4960.77,"end":4961.17},{"text":"document","start":4961.17,"end":4961.85},{"text":"of","start":4961.85,"end":4961.97},{"text":"the","start":4961.97,"end":4962.13},{"text":"Fourth","start":4962.13,"end":4962.53},{"text":"International","start":4962.53,"end":4963.17},{"text":"Conference","start":4963.17,"end":4963.81},{"text":"on","start":4964.13,"end":4964.37},{"text":"Financing","start":4964.37,"end":4964.89},{"text":"for","start":4964.89,"end":4965.01},{"text":"Development","start":4965.01,"end":4965.73},{"text":"for","start":4966.21,"end":4966.37},{"text":"sharing","start":4966.37,"end":4966.85},{"text":"the","start":4966.85,"end":4966.97},{"text":"draft","start":4966.97,"end":4967.41},{"text":"element","start":4967.41,"end":4967.89},{"text":"paper","start":4967.89,"end":4968.29},{"text":"for","start":4968.29,"end":4968.45},{"text":"the","start":4968.45,"end":4968.57},{"text":"outcome","start":4968.57,"end":4968.93},{"text":"document.","start":4968.93,"end":4969.57}]},{"text":"The LLDCs further expresses gratitude to the co-chairs for including some of our inputs in the LMM paper.","start":4970.21,"end":4977.77,"topics":[],"words":[{"text":"The","start":4970.21,"end":4970.25},{"text":"LLDCs","start":4970.25,"end":4971.37},{"text":"further","start":4971.45,"end":4971.93},{"text":"expresses","start":4971.93,"end":4972.53},{"text":"gratitude","start":4972.53,"end":4973.21},{"text":"to","start":4973.21,"end":4973.29},{"text":"the","start":4973.29,"end":4973.37},{"text":"co-chairs","start":4973.37,"end":4974.09},{"text":"for","start":4974.09,"end":4974.25},{"text":"including","start":4974.25,"end":4975.13},{"text":"some","start":4975.37,"end":4975.69},{"text":"of","start":4975.69,"end":4975.85},{"text":"our","start":4975.85,"end":4976.01},{"text":"inputs","start":4976.01,"end":4976.65},{"text":"in","start":4976.65,"end":4976.77},{"text":"the","start":4976.77,"end":4976.85},{"text":"LMM","start":4976.85,"end":4977.33},{"text":"paper.","start":4977.33,"end":4977.77}]},{"text":"We wish to highlight some of the key elements that remain central to LLDCs efforts to achieve sustainable development and the principle of leaving no one behind.","start":4978.41,"end":4988.25,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":4978.41,"end":4978.61},{"text":"wish","start":4978.65,"end":4978.89},{"text":"to","start":4978.89,"end":4979.01},{"text":"highlight","start":4979.01,"end":4979.77},{"text":"some","start":4979.77,"end":4980.13},{"text":"of","start":4980.13,"end":4980.25},{"text":"the","start":4980.25,"end":4980.33},{"text":"key","start":4980.33,"end":4980.57},{"text":"elements","start":4980.57,"end":4980.97},{"text":"that","start":4980.97,"end":4981.21},{"text":"remain","start":4981.21,"end":4981.77},{"text":"central","start":4981.77,"end":4982.33},{"text":"to","start":4982.33,"end":4982.41},{"text":"LLDCs","start":4982.41,"end":4983.25},{"text":"efforts","start":4983.25,"end":4983.69},{"text":"to","start":4984.01,"end":4984.13},{"text":"achieve","start":4984.13,"end":4984.53},{"text":"sustainable","start":4984.53,"end":4985.13},{"text":"development","start":4985.13,"end":4985.65},{"text":"and","start":4985.65,"end":4985.77},{"text":"the","start":4985.77,"end":4985.85},{"text":"principle","start":4985.85,"end":4986.49},{"text":"of","start":4986.81,"end":4986.97},{"text":"leaving","start":4986.97,"end":4987.33},{"text":"no","start":4987.33,"end":4987.49},{"text":"one","start":4987.49,"end":4987.65},{"text":"behind.","start":4987.65,"end":4988.25}]},{"text":"Excellencies, it is with keen interest for the LLDCs that the outcome document of the FFD4 builds upon the targets commitments and envisaged actions outlined in the new programme of action for LLDCs.","start":4988.81,"end":5003.09,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Excellencies,","start":4988.81,"end":4989.77},{"text":"it","start":4989.77,"end":4989.97},{"text":"is","start":4989.97,"end":4990.09},{"text":"with","start":4990.09,"end":4990.25},{"text":"keen","start":4990.25,"end":4990.57},{"text":"interest","start":4990.57,"end":4991.25},{"text":"for","start":4991.61,"end":4991.77},{"text":"the","start":4991.77,"end":4991.85},{"text":"LLDCs","start":4991.85,"end":4992.65},{"text":"that","start":4992.65,"end":4992.81},{"text":"the","start":4992.81,"end":4992.97},{"text":"outcome","start":4992.97,"end":4993.29},{"text":"document","start":4993.29,"end":4993.93},{"text":"of","start":4993.93,"end":4994.09},{"text":"the","start":4994.09,"end":4994.25},{"text":"FFD4","start":4994.73,"end":4995.85},{"text":"builds","start":4995.85,"end":4996.25},{"text":"upon","start":4996.25,"end":4996.57},{"text":"the","start":4996.57,"end":4996.65},{"text":"targets","start":4996.65,"end":4997.21},{"text":"commitments","start":4997.69,"end":4998.21},{"text":"and","start":4998.21,"end":4998.37},{"text":"envisaged","start":4998.37,"end":4999.01},{"text":"actions","start":4999.33,"end":4999.89},{"text":"outlined","start":4999.89,"end":5000.41},{"text":"in","start":5000.41,"end":5000.53},{"text":"the","start":5000.53,"end":5000.61},{"text":"new","start":5000.61,"end":5000.77},{"text":"programme","start":5000.77,"end":5001.13},{"text":"of","start":5001.13,"end":5001.25},{"text":"action","start":5001.25,"end":5001.81},{"text":"for","start":5002.05,"end":5002.21},{"text":"LLDCs.","start":5002.21,"end":5003.09}]},{"text":"The programme of action provides a vital framework for advancing the LLDCs development priorities for the decade 2024 to 2034.","start":5003.57,"end":5012.61,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"The","start":5003.57,"end":5003.65},{"text":"programme","start":5003.65,"end":5004.01},{"text":"of","start":5004.01,"end":5004.21},{"text":"action","start":5004.21,"end":5004.61},{"text":"provides","start":5004.61,"end":5005.09},{"text":"a","start":5005.09,"end":5005.13},{"text":"vital","start":5005.13,"end":5005.57},{"text":"framework","start":5005.57,"end":5005.97},{"text":"for","start":5005.97,"end":5006.17},{"text":"advancing","start":5006.17,"end":5006.69},{"text":"the","start":5006.69,"end":5006.81},{"text":"LLDCs","start":5006.81,"end":5007.65},{"text":"development","start":5007.65,"end":5008.17},{"text":"priorities","start":5008.17,"end":5009.01},{"text":"for","start":5009.17,"end":5009.33},{"text":"the","start":5009.33,"end":5009.45},{"text":"decade","start":5009.45,"end":5009.89},{"text":"2024","start":5009.89,"end":5011.01},{"text":"to","start":5011.01,"end":5011.29},{"text":"2034.","start":5011.33,"end":5012.61}]},{"text":"In this regard, allow me to highlight some of the key priorities for LLDCs as we engage in the framing of the zero draft outcome document.","start":5013.05,"end":5022.37,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"We","start":5038.97,"end":5039.09},{"text":"therefore","start":5039.09,"end":5039.73},{"text":"underscore","start":5039.73,"end":5040.25},{"text":"the","start":5040.25,"end":5040.33},{"text":"importance","start":5040.33,"end":5040.93},{"text":"for","start":5040.93,"end":5041.09},{"text":"the","start":5041.09,"end":5041.21},{"text":"tax","start":5041.21,"end":5041.53},{"text":"cooperation","start":5041.53,"end":5042.45},{"text":"and","start":5042.69,"end":5042.93},{"text":"combating","start":5042.93,"end":5043.73},{"text":"illicit","start":5044.05,"end":5044.61},{"text":"financial","start":5044.61,"end":5045.17},{"text":"flows.","start":5045.17,"end":5045.73}]},{"text":"These challenges are especially acute for countries dependent upon capital-intensive primary resources, including the 27 of the 32 LLDCs classified by UNCTAD as commodity-dependent.","start":5046.17,"end":5061.37,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Special","start":5061.85,"end":5062.37},{"text":"efforts","start":5062.37,"end":5062.73},{"text":"are","start":5062.73,"end":5062.81},{"text":"needed","start":5062.81,"end":5063.17},{"text":"to","start":5063.17,"end":5063.33},{"text":"address","start":5063.37,"end":5064.09},{"text":"the","start":5064.09,"end":5064.25},{"text":"corrosive","start":5064.25,"end":5064.89},{"text":"impact","start":5064.89,"end":5065.53},{"text":"of","start":5065.53,"end":5065.69},{"text":"illicit","start":5065.69,"end":5066.33},{"text":"financial","start":5066.33,"end":5066.81},{"text":"flows","start":5066.81,"end":5067.21},{"text":"and","start":5067.61,"end":5067.77},{"text":"profit","start":5067.77,"end":5068.25},{"text":"shifting","start":5068.25,"end":5068.81},{"text":"for","start":5068.81,"end":5068.97},{"text":"these","start":5068.97,"end":5069.21},{"text":"countries.","start":5069.21,"end":5069.85}]},{"text":"On foreign direct investment, LLDCs continue to face persistent challenges.","start":5070.25,"end":5075.45,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"On","start":5070.25,"end":5070.41},{"text":"foreign","start":5070.41,"end":5070.81},{"text":"direct","start":5070.81,"end":5071.21},{"text":"investment,","start":5071.21,"end":5071.93},{"text":"LLDCs","start":5072.05,"end":5073.13},{"text":"continue","start":5073.13,"end":5073.61},{"text":"to","start":5073.61,"end":5073.73},{"text":"face","start":5073.77,"end":5074.01},{"text":"persistent","start":5074.01,"end":5074.69},{"text":"challenges.","start":5074.69,"end":5075.45}]},{"text":"Just 0.13% of world foreign direct investment stock resides in LLDCs, despite them accounting for 7% of the world's population.","start":5075.69,"end":5086.25,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Just","start":5075.69,"end":5076.25},{"text":"0.13%","start":5076.41,"end":5076.45},{"text":"of","start":5076.49,"end":5076.57},{"text":"world","start":5076.57,"end":5077.21},{"text":"foreign","start":5077.21,"end":5078.01},{"text":"direct","start":5078.01,"end":5079.21},{"text":"investment","start":5079.21,"end":5079.85},{"text":"stock","start":5080.17,"end":5080.57},{"text":"resides","start":5080.57,"end":5081.13},{"text":"in","start":5081.13,"end":5081.29},{"text":"LLDCs,","start":5081.29,"end":5082.25},{"text":"despite","start":5082.41,"end":5082.97},{"text":"them","start":5082.97,"end":5083.21},{"text":"accounting","start":5083.21,"end":5084.01},{"text":"for","start":5084.01,"end":5084.85},{"text":"7%","start":5084.85,"end":5084.89},{"text":"of","start":5084.89,"end":5085.05},{"text":"the","start":5085.05,"end":5085.13},{"text":"world's","start":5085.13,"end":5085.53},{"text":"population.","start":5085.53,"end":5086.25}]},{"text":"This lack of investment constrains our development, particularly in the context of trade and infrastructure.","start":5086.81,"end":5093.61,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."},{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"This","start":5086.81,"end":5087.13},{"text":"lack","start":5087.13,"end":5087.37},{"text":"of","start":5087.37,"end":5087.53},{"text":"investment","start":5087.53,"end":5088.17},{"text":"constrains","start":5088.17,"end":5089.53},{"text":"our","start":5089.53,"end":5089.77},{"text":"development,","start":5089.77,"end":5090.37},{"text":"particularly","start":5090.37,"end":5091.21},{"text":"in","start":5091.45,"end":5091.61},{"text":"the","start":5091.61,"end":5091.69},{"text":"context","start":5091.69,"end":5092.25},{"text":"of","start":5092.25,"end":5092.33},{"text":"trade","start":5092.33,"end":5092.69},{"text":"and","start":5092.69,"end":5092.81},{"text":"infrastructure.","start":5092.81,"end":5093.61}]},{"text":"Furthermore, LLDCs pay more than double the transport costs of transit countries, while their infrastructure lags significantly behind global averages.","start":5094.29,"end":5104.77,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Furthermore,","start":5094.29,"end":5094.73},{"text":"LLDCs","start":5094.73,"end":5095.81},{"text":"pay","start":5095.81,"end":5095.97},{"text":"more","start":5095.97,"end":5096.61},{"text":"than","start":5096.61,"end":5096.85},{"text":"double","start":5096.85,"end":5097.25},{"text":"the","start":5097.25,"end":5097.41},{"text":"transport","start":5097.41,"end":5097.85},{"text":"costs","start":5097.85,"end":5098.29},{"text":"of","start":5098.53,"end":5098.69},{"text":"transit","start":5098.69,"end":5099.09},{"text":"countries,","start":5099.09,"end":5099.65},{"text":"while","start":5099.89,"end":5100.37},{"text":"their","start":5100.37,"end":5100.69},{"text":"infrastructure","start":5100.69,"end":5101.81},{"text":"lags","start":5101.97,"end":5102.29},{"text":"significantly","start":5102.29,"end":5103.01},{"text":"behind","start":5103.01,"end":5103.65},{"text":"global","start":5103.65,"end":5104.05},{"text":"averages.","start":5104.05,"end":5104.77}]},{"text":"Addressing these gaps require estimated investment of 510 billion US dollars to upgrade transport infrastructure to global standards.","start":5105.41,"end":5115.97,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Addressing","start":5105.41,"end":5105.89},{"text":"these","start":5105.89,"end":5106.13},{"text":"gaps","start":5106.13,"end":5106.61},{"text":"require","start":5106.61,"end":5107.49},{"text":"estimated","start":5107.49,"end":5108.13},{"text":"investment","start":5108.13,"end":5109.01},{"text":"of","start":5109.09,"end":5109.33},{"text":"510","start":5109.57,"end":5110.69},{"text":"billion","start":5110.69,"end":5111.57},{"text":"US","start":5111.61,"end":5111.73},{"text":"dollars","start":5111.73,"end":5112.29},{"text":"to","start":5112.29,"end":5112.41},{"text":"upgrade","start":5112.41,"end":5112.93},{"text":"transport","start":5112.93,"end":5113.65},{"text":"infrastructure","start":5113.65,"end":5114.45},{"text":"to","start":5114.77,"end":5114.89},{"text":"global","start":5114.97,"end":5115.25},{"text":"standards.","start":5115.25,"end":5115.97}]},{"text":"The group therefore strongly underscore the call to establish an infrastructure investment facility, financing facility for LLDCs as envisaged in the new program of action.","start":5116.73,"end":5128.09,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"The","start":5116.73,"end":5116.77},{"text":"group","start":5116.77,"end":5117.05},{"text":"therefore","start":5117.05,"end":5117.53},{"text":"strongly","start":5117.53,"end":5118.09},{"text":"underscore","start":5118.09,"end":5118.81},{"text":"the","start":5119.05,"end":5119.17},{"text":"call","start":5119.17,"end":5119.53},{"text":"to","start":5119.53,"end":5119.65},{"text":"establish","start":5119.65,"end":5120.13},{"text":"an","start":5120.13,"end":5120.21},{"text":"infrastructure","start":5120.21,"end":5121.13},{"text":"investment","start":5121.13,"end":5121.85},{"text":"facility,","start":5121.85,"end":5122.57},{"text":"financing","start":5122.65,"end":5123.21},{"text":"facility","start":5123.21,"end":5123.93},{"text":"for","start":5123.93,"end":5124.09},{"text":"LLDCs","start":5124.09,"end":5124.97},{"text":"as","start":5125.29,"end":5125.45},{"text":"envisaged","start":5125.45,"end":5126.41},{"text":"in","start":5126.65,"end":5126.81},{"text":"the","start":5126.81,"end":5126.93},{"text":"new","start":5126.93,"end":5127.13},{"text":"program","start":5127.13,"end":5127.49},{"text":"of","start":5127.49,"end":5127.61},{"text":"action.","start":5127.61,"end":5128.09}]},{"text":"We also stress the need for capacity building support to develop bankable projects and strengthen, uh, statistical capabilities.","start":5128.57,"end":5137.37,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"We","start":5128.57,"end":5128.73},{"text":"also","start":5128.73,"end":5129.05},{"text":"stress","start":5129.05,"end":5129.61},{"text":"the","start":5129.61,"end":5129.73},{"text":"need","start":5129.73,"end":5130.01},{"text":"for","start":5130.01,"end":5130.13},{"text":"capacity","start":5130.13,"end":5130.65},{"text":"building","start":5130.65,"end":5131.05},{"text":"support","start":5131.05,"end":5131.69},{"text":"to","start":5131.93,"end":5132.05},{"text":"develop","start":5132.09,"end":5132.69},{"text":"bankable","start":5132.69,"end":5133.53},{"text":"projects","start":5133.53,"end":5134.09},{"text":"and","start":5134.13,"end":5134.29},{"text":"strengthen,","start":5134.29,"end":5134.97},{"text":"uh,","start":5135.69,"end":5135.73},{"text":"statistical","start":5135.73,"end":5136.41},{"text":"capabilities.","start":5136.41,"end":5137.37}]},{"text":"excellencies on climate finance.","start":5138.01,"end":5140.65,"topics":[],"words":[{"text":"excellencies","start":5138.01,"end":5139.05},{"text":"on","start":5139.37,"end":5139.61},{"text":"climate","start":5139.61,"end":5140.01},{"text":"finance.","start":5140.01,"end":5140.65}]},{"text":"We welcome the call for increased financial flows to LDC and other vulnerable countries.","start":5140.73,"end":5146.65,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":5140.73,"end":5140.97},{"text":"welcome","start":5141.01,"end":5141.45},{"text":"the","start":5141.45,"end":5141.61},{"text":"call","start":5141.61,"end":5142.01},{"text":"for","start":5142.01,"end":5142.17},{"text":"increased","start":5142.17,"end":5142.69},{"text":"financial","start":5142.69,"end":5143.13},{"text":"flows","start":5143.13,"end":5143.61},{"text":"to","start":5144.09,"end":5144.29},{"text":"LDC","start":5144.29,"end":5145.05},{"text":"and","start":5145.05,"end":5145.33},{"text":"other","start":5145.33,"end":5145.53},{"text":"vulnerable","start":5145.53,"end":5145.93},{"text":"countries.","start":5145.93,"end":5146.65}]},{"text":"Current climate finance remains insufficient and overly focused on mitigation rather than adoption.","start":5146.97,"end":5153.29,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Current","start":5146.97,"end":5147.33},{"text":"climate","start":5147.33,"end":5147.69},{"text":"finance","start":5147.69,"end":5148.25},{"text":"remains","start":5148.33,"end":5148.81},{"text":"insufficient","start":5148.81,"end":5149.69},{"text":"and","start":5149.69,"end":5149.93},{"text":"overly","start":5149.93,"end":5150.33},{"text":"focused","start":5150.33,"end":5150.97},{"text":"on","start":5151.29,"end":5151.41},{"text":"mitigation","start":5151.41,"end":5152.25},{"text":"rather","start":5152.25,"end":5152.49},{"text":"than","start":5152.49,"end":5152.73},{"text":"adoption.","start":5152.73,"end":5153.29}]},{"text":"Moreover, the share of concessional finance is inadequate.","start":5154.09,"end":5158.17,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Moreover,","start":5154.09,"end":5154.73},{"text":"the","start":5154.73,"end":5154.85},{"text":"share","start":5154.85,"end":5155.21},{"text":"of","start":5155.21,"end":5155.29},{"text":"concessional","start":5155.29,"end":5156.01},{"text":"finance","start":5156.01,"end":5156.65},{"text":"is","start":5156.89,"end":5157.45},{"text":"inadequate.","start":5157.53,"end":5158.17}]},{"text":"On international trade, we recognize trade as an engine of development.","start":5159.53,"end":5163.37,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"On","start":5159.53,"end":5159.69},{"text":"international","start":5159.69,"end":5160.21},{"text":"trade,","start":5160.21,"end":5160.57},{"text":"we","start":5160.81,"end":5161.05},{"text":"recognize","start":5161.05,"end":5161.61},{"text":"trade","start":5161.61,"end":5161.93},{"text":"as","start":5161.93,"end":5162.09},{"text":"an","start":5162.09,"end":5162.25},{"text":"engine","start":5162.25,"end":5162.57},{"text":"of","start":5162.57,"end":5162.69},{"text":"development.","start":5162.69,"end":5163.37}]},{"text":"However, six LLDCs are still in the process of acceding to the WTO and require targeted technical assistance to complete their accession.","start":5163.85,"end":5173.21,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"However,","start":5163.85,"end":5164.41},{"text":"six","start":5164.41,"end":5164.81},{"text":"LLDCs","start":5164.81,"end":5165.69},{"text":"are","start":5165.69,"end":5165.77},{"text":"still","start":5165.77,"end":5166.21},{"text":"in","start":5166.21,"end":5166.33},{"text":"the","start":5166.33,"end":5166.41},{"text":"process","start":5166.41,"end":5166.81},{"text":"of","start":5166.85,"end":5166.97},{"text":"acceding","start":5166.97,"end":5167.53},{"text":"to","start":5167.53,"end":5167.69},{"text":"the","start":5167.69,"end":5167.81},{"text":"WTO","start":5167.81,"end":5168.73},{"text":"and","start":5169.05,"end":5169.17},{"text":"require","start":5169.17,"end":5169.77},{"text":"targeted","start":5169.77,"end":5170.37},{"text":"technical","start":5170.37,"end":5170.89},{"text":"assistance","start":5170.89,"end":5171.45},{"text":"to","start":5171.45,"end":5171.57},{"text":"complete","start":5171.57,"end":5172.09},{"text":"their","start":5172.33,"end":5172.65},{"text":"accession.","start":5172.65,"end":5173.21}]},{"text":"We urge the FFD outcome document to prioritize the establishment of a dedicated work program on LLC trade challenges under the WTO, while also promoting e-commerce and digital trade as key opportunities for LLDCs to overcome traditional transit barriers on enhancing productive capacities to trade.","start":5173.93,"end":5197.53,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."},{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":5173.93,"end":5174.17},{"text":"urge","start":5174.17,"end":5174.49},{"text":"the","start":5174.49,"end":5174.69},{"text":"FFD","start":5174.73,"end":5175.61},{"text":"outcome","start":5176.01,"end":5176.41},{"text":"document","start":5176.41,"end":5177.17},{"text":"to","start":5177.17,"end":5177.25},{"text":"prioritize","start":5177.25,"end":5177.89},{"text":"the","start":5177.89,"end":5177.97},{"text":"establishment","start":5177.97,"end":5178.65},{"text":"of","start":5178.65,"end":5178.77},{"text":"a","start":5178.77,"end":5178.81},{"text":"dedicated","start":5178.81,"end":5179.77},{"text":"work","start":5179.77,"end":5180.01},{"text":"program","start":5180.01,"end":5180.73},{"text":"on","start":5180.97,"end":5181.13},{"text":"LLC","start":5181.13,"end":5181.77},{"text":"trade","start":5181.77,"end":5182.17},{"text":"challenges","start":5182.17,"end":5182.73},{"text":"under","start":5182.73,"end":5183.09},{"text":"the","start":5183.09,"end":5183.17},{"text":"WTO,","start":5183.17,"end":5184.01},{"text":"while","start":5184.33,"end":5184.97},{"text":"also","start":5184.97,"end":5185.77},{"text":"promoting","start":5185.93,"end":5186.57},{"text":"e-commerce","start":5186.57,"end":5187.29},{"text":"and","start":5187.53,"end":5187.77},{"text":"digital","start":5187.77,"end":5188.25},{"text":"trade","start":5188.25,"end":5188.65},{"text":"as","start":5188.65,"end":5188.81},{"text":"key","start":5188.81,"end":5189.05},{"text":"opportunities","start":5189.05,"end":5189.93},{"text":"for","start":5189.93,"end":5190.05},{"text":"LLDCs","start":5190.05,"end":5190.89},{"text":"to","start":5190.89,"end":5191.09},{"text":"overcome","start":5191.09,"end":5191.61},{"text":"traditional","start":5192.41,"end":5192.89},{"text":"transit","start":5192.89,"end":5193.53},{"text":"barriers","start":5193.85,"end":5194.57},{"text":"on","start":5195.09,"end":5195.17},{"text":"enhancing","start":5195.17,"end":5195.77},{"text":"productive","start":5195.77,"end":5196.25},{"text":"capacities","start":5196.25,"end":5196.89},{"text":"to","start":5196.89,"end":5197.01},{"text":"trade.","start":5197.05,"end":5197.53}]},{"text":"We emphasize the.","start":5197.85,"end":5200.81,"topics":[],"words":[{"text":"We","start":5197.85,"end":5198.09},{"text":"emphasize","start":5198.09,"end":5198.73},{"text":"the.","start":5200.49,"end":5200.81}]},{"text":"The value of e-commerce and digital trade for LLCs as an opportunity for circumventing the traditional barriers that they face in transit.","start":5201.05,"end":5210.49,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."},{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"The","start":5201.05,"end":5201.41},{"text":"value","start":5201.41,"end":5201.77},{"text":"of","start":5201.77,"end":5201.93},{"text":"e-commerce","start":5201.93,"end":5202.57},{"text":"and","start":5202.57,"end":5202.77},{"text":"digital","start":5202.77,"end":5203.21},{"text":"trade","start":5203.21,"end":5203.53},{"text":"for","start":5203.53,"end":5203.65},{"text":"LLCs","start":5203.65,"end":5204.57},{"text":"as","start":5204.81,"end":5204.97},{"text":"an","start":5204.97,"end":5205.05},{"text":"opportunity","start":5205.05,"end":5205.69},{"text":"for","start":5205.69,"end":5205.85},{"text":"circumventing","start":5205.85,"end":5206.81},{"text":"the","start":5206.97,"end":5207.13},{"text":"traditional","start":5207.13,"end":5207.69},{"text":"barriers","start":5207.69,"end":5208.33},{"text":"that","start":5208.49,"end":5208.73},{"text":"they","start":5208.73,"end":5208.89},{"text":"face","start":5208.89,"end":5209.61},{"text":"in","start":5209.69,"end":5209.85},{"text":"transit.","start":5209.85,"end":5210.49}]},{"text":"In this regard, the group reiterates the target set in the LLCs new program of action to double LLCs global merchandise exports to significantly increase the exports of On debt and fiscal space, LLDC face increasing fiscal pressures with the median government debt to GDP ratios rising from 42% in 2019 to 50% in 2023.","start":5210.73,"end":5237.29,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."},{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"In","start":5210.73,"end":5210.89},{"text":"this","start":5210.89,"end":5211.13},{"text":"regard,","start":5211.13,"end":5211.69},{"text":"the","start":5211.93,"end":5212.09},{"text":"group","start":5212.09,"end":5212.41},{"text":"reiterates","start":5212.41,"end":5212.97},{"text":"the","start":5212.97,"end":5213.09},{"text":"target","start":5213.09,"end":5213.45},{"text":"set","start":5213.45,"end":5213.77},{"text":"in","start":5213.77,"end":5213.89},{"text":"the","start":5213.89,"end":5213.97},{"text":"LLCs","start":5213.97,"end":5214.73},{"text":"new","start":5214.73,"end":5214.89},{"text":"program","start":5214.89,"end":5215.25},{"text":"of","start":5215.25,"end":5215.37},{"text":"action","start":5215.37,"end":5215.77},{"text":"to","start":5215.77,"end":5215.89},{"text":"double","start":5215.93,"end":5216.57},{"text":"LLCs","start":5216.77,"end":5217.53},{"text":"global","start":5217.53,"end":5217.93},{"text":"merchandise","start":5217.93,"end":5218.61},{"text":"exports","start":5218.61,"end":5219.21},{"text":"to","start":5219.45,"end":5219.57},{"text":"significantly","start":5219.61,"end":5220.81},{"text":"increase","start":5220.81,"end":5221.37},{"text":"the","start":5221.37,"end":5221.49},{"text":"exports","start":5221.49,"end":5222.05},{"text":"of","start":5222.05,"end":5222.17},{"text":"On","start":5222.89,"end":5223.29},{"text":"debt","start":5224.09,"end":5224.45},{"text":"and","start":5224.45,"end":5224.57},{"text":"fiscal","start":5224.57,"end":5225.21},{"text":"space,","start":5225.21,"end":5225.77},{"text":"LLDC","start":5225.77,"end":5226.65},{"text":"face","start":5226.65,"end":5227.05},{"text":"increasing","start":5227.05,"end":5227.61},{"text":"fiscal","start":5227.61,"end":5228.01},{"text":"pressures","start":5228.01,"end":5228.57},{"text":"with","start":5228.81,"end":5229.01},{"text":"the","start":5229.01,"end":5229.09},{"text":"median","start":5229.09,"end":5229.45},{"text":"government","start":5229.45,"end":5229.89},{"text":"debt","start":5229.89,"end":5230.21},{"text":"to","start":5230.21,"end":5230.29},{"text":"GDP","start":5230.33,"end":5230.89},{"text":"ratios","start":5230.89,"end":5231.37},{"text":"rising","start":5231.37,"end":5231.93},{"text":"from","start":5231.93,"end":5232.17},{"text":"42%","start":5232.49,"end":5232.53},{"text":"in","start":5232.53,"end":5232.77},{"text":"2019","start":5232.81,"end":5234.73},{"text":"to","start":5235.53,"end":5235.81},{"text":"50%","start":5235.81,"end":5235.85},{"text":"in","start":5235.85,"end":5236.17},{"text":"2023.","start":5236.17,"end":5237.29}]},{"text":"Meanwhile, debt service costs have surged, with seven LLDCs identified as high risk of debt distress and four already in distress in 2024.","start":5237.93,"end":5248.69,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Meanwhile,","start":5237.93,"end":5238.41},{"text":"debt","start":5238.41,"end":5238.65},{"text":"service","start":5238.65,"end":5239.05},{"text":"costs","start":5239.05,"end":5239.61},{"text":"have","start":5239.61,"end":5239.77},{"text":"surged,","start":5239.77,"end":5240.33},{"text":"with","start":5240.57,"end":5240.77},{"text":"seven","start":5240.77,"end":5241.25},{"text":"LLDCs","start":5241.25,"end":5242.17},{"text":"identified","start":5242.17,"end":5243.05},{"text":"as","start":5243.29,"end":5243.69},{"text":"high","start":5243.85,"end":5244.25},{"text":"risk","start":5244.25,"end":5244.61},{"text":"of","start":5244.61,"end":5244.81},{"text":"debt","start":5244.81,"end":5245.13},{"text":"distress","start":5245.13,"end":5245.69},{"text":"and","start":5245.69,"end":5245.89},{"text":"four","start":5245.89,"end":5246.13},{"text":"already","start":5246.13,"end":5246.73},{"text":"in","start":5246.73,"end":5246.89},{"text":"distress","start":5246.89,"end":5247.45},{"text":"in","start":5247.69,"end":5247.85},{"text":"2024.","start":5247.85,"end":5248.69}]},{"text":"Reforms to the international financial architect must also account for the specific vulnerabilities of LLDCs, particularly their reliance on lengthy transport and transit infrastructure.","start":5249.05,"end":5260.73,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Reforms","start":5249.05,"end":5249.53},{"text":"to","start":5249.53,"end":5249.61},{"text":"the","start":5249.61,"end":5249.73},{"text":"international","start":5249.73,"end":5250.25},{"text":"financial","start":5250.25,"end":5250.73},{"text":"architect","start":5250.73,"end":5251.37},{"text":"must","start":5251.37,"end":5251.69},{"text":"also","start":5251.69,"end":5252.05},{"text":"account","start":5252.05,"end":5252.37},{"text":"for","start":5252.37,"end":5252.49},{"text":"the","start":5252.49,"end":5252.61},{"text":"specific","start":5252.61,"end":5253.21},{"text":"vulnerabilities","start":5253.49,"end":5254.25},{"text":"of","start":5254.25,"end":5254.41},{"text":"LLDCs,","start":5254.41,"end":5255.61},{"text":"particularly","start":5255.61,"end":5256.29},{"text":"their","start":5256.29,"end":5256.45},{"text":"reliance","start":5256.45,"end":5257.05},{"text":"on","start":5257.05,"end":5257.29},{"text":"lengthy","start":5257.53,"end":5258.01},{"text":"transport","start":5258.01,"end":5258.69},{"text":"and","start":5258.69,"end":5258.89},{"text":"transit","start":5258.89,"end":5259.45},{"text":"infrastructure.","start":5259.69,"end":5260.73}]},{"text":"Finally, on systemic issues, it is crucial that the vulnerabilities and special needs of LLDCs are significantly and sufficiently recognized and addressed comprehensively.","start":5261.41,"end":5271.89,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":5272.37,"end":5272.61},{"text":"underscore","start":5272.61,"end":5273.17},{"text":"the","start":5273.17,"end":5273.29},{"text":"importance","start":5273.29,"end":5273.73},{"text":"of","start":5273.73,"end":5273.85},{"text":"science,","start":5273.85,"end":5274.45},{"text":"technology","start":5274.45,"end":5275.25},{"text":"and","start":5275.25,"end":5275.41},{"text":"innovation","start":5275.41,"end":5276.05},{"text":"as","start":5276.05,"end":5276.21},{"text":"a","start":5276.21,"end":5276.29},{"text":"priority","start":5276.29,"end":5277.09},{"text":"of","start":5277.09,"end":5277.17},{"text":"the","start":5277.17,"end":5277.29},{"text":"new","start":5277.29,"end":5277.49},{"text":"programme","start":5277.49,"end":5277.85},{"text":"of","start":5277.85,"end":5277.97},{"text":"action","start":5277.97,"end":5278.37},{"text":"for","start":5278.45,"end":5278.57},{"text":"LLDCs","start":5278.57,"end":5279.65},{"text":"and","start":5279.89,"end":5280.13},{"text":"a","start":5280.13,"end":5280.17},{"text":"vital","start":5280.17,"end":5280.61},{"text":"area","start":5280.65,"end":5280.89},{"text":"of","start":5280.89,"end":5281.01},{"text":"building","start":5281.01,"end":5281.57},{"text":"resilience","start":5281.57,"end":5282.29},{"text":"and","start":5282.37,"end":5282.73},{"text":"achieving","start":5282.73,"end":5283.25},{"text":"sustainable","start":5283.25,"end":5283.93},{"text":"development.","start":5283.93,"end":5284.77}]},{"text":"To conclude, let me emphasize that the LLDCs as a group of vulnerable countries continue to face significant challenges with trade, debt, financing, and fiscal space and investment.","start":5285.53,"end":5296.65,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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statement.","start":5305.53,"end":5308.89,"topics":[],"words":[{"text":"I","start":5305.53,"end":5305.61},{"text":"thank","start":5305.61,"end":5305.89},{"text":"the","start":5305.89,"end":5306.01},{"text":"Permanent","start":5306.01,"end":5306.45},{"text":"Representative","start":5306.45,"end":5307.13},{"text":"of","start":5307.17,"end":5307.29},{"text":"Botswana","start":5307.29,"end":5307.93},{"text":"for","start":5307.93,"end":5308.09},{"text":"his","start":5308.09,"end":5308.29},{"text":"statement.","start":5308.29,"end":5308.89}]},{"text":"And I now give the floor to the distinguished permanent representative of Malawi, speaking on behalf of Least Developed Countries 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have the floor, ma'am.","start":5320.93,"end":5321.77,"topics":[],"words":[{"text":"You","start":5320.93,"end":5321.05},{"text":"have","start":5321.05,"end":5321.17},{"text":"the","start":5321.17,"end":5321.29},{"text":"floor,","start":5321.29,"end":5321.53},{"text":"ma'am.","start":5321.57,"end":5321.77}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":46,"start":5323.09,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=5324","paragraphs":[{"sentences":[{"text":"Madam Chair, I have the honor to deliver this statement on behalf of the group of LDCs.","start":5323.09,"end":5329.29,"topics":[],"words":[{"text":"Madam","start":5323.09,"end":5323.41},{"text":"Chair,","start":5323.49,"end":5323.89},{"text":"I","start":5324.77,"end":5324.81},{"text":"have","start":5324.81,"end":5325.13},{"text":"the","start":5325.13,"end":5325.21},{"text":"honor","start":5325.33,"end":5325.65},{"text":"to","start":5325.65,"end":5325.77},{"text":"deliver","start":5325.81,"end":5326.29},{"text":"this","start":5326.29,"end":5326.57},{"text":"statement","start":5326.57,"end":5327.09},{"text":"on","start":5327.09,"end":5327.33},{"text":"behalf","start":5327.33,"end":5327.73},{"text":"of","start":5327.73,"end":5327.81},{"text":"the","start":5327.81,"end":5327.93},{"text":"group","start":5327.97,"end":5328.37},{"text":"of","start":5328.37,"end":5328.53},{"text":"LDCs.","start":5328.53,"end":5329.29}]},{"text":"I wish to express our sincere appreciation to you, distinguished co-chairs, for steering the FFDE4 preparations and the compilation of the Elements 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are pleased to see a comprehensive Elements Paper that seeks to address the pressing challenges being experienced globally.","start":5344.49,"end":5353.21,"topics":[],"words":[{"text":"We","start":5344.49,"end":5344.73},{"text":"are","start":5344.73,"end":5344.89},{"text":"pleased","start":5344.89,"end":5345.49},{"text":"to","start":5345.69,"end":5345.85},{"text":"see","start":5345.85,"end":5346.17},{"text":"a","start":5346.17,"end":5346.21},{"text":"comprehensive","start":5346.21,"end":5347.21},{"text":"Elements","start":5347.21,"end":5347.77},{"text":"Paper","start":5347.77,"end":5348.33},{"text":"that","start":5348.57,"end":5348.89},{"text":"seeks","start":5348.89,"end":5349.33},{"text":"to","start":5349.33,"end":5349.49},{"text":"address","start":5349.49,"end":5349.93},{"text":"the","start":5349.93,"end":5350.09},{"text":"pressing","start":5350.09,"end":5350.65},{"text":"challenges","start":5350.65,"end":5351.37},{"text":"being","start":5351.37,"end":5351.61},{"text":"experienced","start":5351.61,"end":5352.49},{"text":"globally.","start":5352.57,"end":5353.21}]},{"text":"We would like to thank all Member States, development partners and CSOs for including in their input to the LMDs paper the challenges of LDCs and underlining the need to address them with urgency and priority.","start":5354.13,"end":5370.21,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":5354.13,"end":5354.17},{"text":"would","start":5354.17,"end":5354.37},{"text":"like","start":5354.37,"end":5354.61},{"text":"to","start":5354.61,"end":5354.77},{"text":"thank","start":5354.77,"end":5355.25},{"text":"all","start":5355.25,"end":5355.45},{"text":"Member","start":5355.45,"end":5355.81},{"text":"States,","start":5355.81,"end":5356.37},{"text":"development","start":5356.77,"end":5357.33},{"text":"partners","start":5357.33,"end":5358.05},{"text":"and","start":5358.21,"end":5358.45},{"text":"CSOs","start":5358.45,"end":5359.25},{"text":"for","start":5359.25,"end":5359.49},{"text":"including","start":5359.49,"end":5360.09},{"text":"in","start":5360.09,"end":5360.33},{"text":"their","start":5360.33,"end":5360.53},{"text":"input","start":5360.53,"end":5361.21},{"text":"to","start":5361.21,"end":5361.33},{"text":"the","start":5361.33,"end":5361.45},{"text":"LMDs","start":5361.45,"end":5362.05},{"text":"paper","start":5362.05,"end":5362.53},{"text":"the","start":5362.85,"end":5362.97},{"text":"challenges","start":5363.09,"end":5363.69},{"text":"of","start":5363.69,"end":5363.89},{"text":"LDCs","start":5363.89,"end":5364.65},{"text":"and","start":5364.85,"end":5365.17},{"text":"underlining","start":5365.17,"end":5365.97},{"text":"the","start":5365.97,"end":5366.09},{"text":"need","start":5366.13,"end":5366.53},{"text":"to","start":5366.53,"end":5366.73},{"text":"address","start":5366.73,"end":5367.17},{"text":"them","start":5367.17,"end":5367.57},{"text":"with","start":5367.81,"end":5368.05},{"text":"urgency","start":5368.17,"end":5369.01},{"text":"and","start":5369.17,"end":5369.41},{"text":"priority.","start":5369.41,"end":5370.21}]},{"text":"excellences.","start":5371.17,"end":5371.97,"topics":[],"words":[{"text":"excellences.","start":5371.17,"end":5371.97}]},{"text":"Due to their vulnerabilities as well as emerging challenges and risks, the LDCs are facing multiple difficulties in mobilizing resources for attaining the 2030 agenda and achieving SDG targets.","start":5372.57,"end":5388.69,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Rising","start":5459.73,"end":5460.29},{"text":"interest","start":5460.29,"end":5460.85},{"text":"rates","start":5460.85,"end":5461.33},{"text":"and","start":5461.41,"end":5461.65},{"text":"currency","start":5461.65,"end":5462.17},{"text":"depreciation","start":5462.21,"end":5463.33},{"text":"have","start":5463.33,"end":5463.57},{"text":"further","start":5463.57,"end":5464.61},{"text":"strained","start":5464.61,"end":5465.33},{"text":"debt","start":5465.73,"end":5466.05},{"text":"servicing","start":5466.05,"end":5466.77},{"text":"capabilities.","start":5466.85,"end":5467.89}]},{"text":"We wish to emphasize the devastating and damage to infrastructure, economy, and loss of lives caused by the intense and frequent climate-induced disasters in LDCs.","start":5468.81,"end":5482.93,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. 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Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":5468.81,"end":5468.89},{"text":"wish","start":5468.89,"end":5469.21},{"text":"to","start":5469.21,"end":5469.37},{"text":"emphasize","start":5469.37,"end":5470.09},{"text":"the","start":5470.09,"end":5470.29},{"text":"devastating","start":5470.33,"end":5471.37},{"text":"and","start":5471.37,"end":5471.65},{"text":"damage","start":5471.65,"end":5472.17},{"text":"to","start":5472.17,"end":5472.33},{"text":"infrastructure,","start":5472.33,"end":5473.45},{"text":"economy,","start":5473.77,"end":5474.37},{"text":"and","start":5474.37,"end":5474.81},{"text":"loss","start":5474.81,"end":5475.09},{"text":"of","start":5475.09,"end":5475.29},{"text":"lives","start":5475.29,"end":5475.69},{"text":"caused","start":5476.09,"end":5476.53},{"text":"by","start":5476.57,"end":5476.81},{"text":"the","start":5476.81,"end":5476.93},{"text":"intense","start":5476.93,"end":5477.53},{"text":"and","start":5477.61,"end":5477.85},{"text":"frequent","start":5478.57,"end":5479.37},{"text":"climate-induced","start":5479.97,"end":5481.13},{"text":"disasters","start":5481.21,"end":5482.01},{"text":"in","start":5482.01,"end":5482.25},{"text":"LDCs.","start":5482.25,"end":5482.93}]},{"text":"However, we receive assistance from climate finance too little and too late.","start":5483.37,"end":5489.45,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"However,","start":5483.37,"end":5484.09},{"text":"we","start":5484.33,"end":5484.57},{"text":"receive","start":5484.65,"end":5485.13},{"text":"assistance","start":5485.13,"end":5486.01},{"text":"from","start":5486.01,"end":5486.29},{"text":"climate","start":5486.29,"end":5486.73},{"text":"finance","start":5486.73,"end":5487.37},{"text":"too","start":5487.37,"end":5487.61},{"text":"little","start":5487.61,"end":5488.13},{"text":"and","start":5488.57,"end":5488.81},{"text":"too","start":5488.81,"end":5489.05},{"text":"late.","start":5489.05,"end":5489.45}]},{"text":"The FFD4 conference and its outcome, therefore, remain quite critical to our group.","start":5490.33,"end":5496.65,"topics":[],"words":[{"text":"The","start":5490.33,"end":5490.53},{"text":"FFD4","start":5490.53,"end":5491.53},{"text":"conference","start":5491.53,"end":5492.33},{"text":"and","start":5492.49,"end":5492.77},{"text":"its","start":5492.77,"end":5492.97},{"text":"outcome,","start":5492.97,"end":5493.45},{"text":"therefore,","start":5493.45,"end":5494.29},{"text":"remain","start":5494.29,"end":5494.77},{"text":"quite","start":5494.77,"end":5495.13},{"text":"critical","start":5495.13,"end":5495.77},{"text":"to","start":5495.77,"end":5496.09},{"text":"our","start":5496.09,"end":5496.17},{"text":"group.","start":5496.17,"end":5496.65}]},{"text":"excellences, we believe the elements paper provides a solid framework that reflects an understanding of the multifaceted issues confronting LDCs.","start":5497.33,"end":5509.13,"topics":[],"words":[{"text":"excellences,","start":5497.33,"end":5498.37},{"text":"we","start":5498.61,"end":5498.85},{"text":"believe","start":5498.85,"end":5499.25},{"text":"the","start":5499.25,"end":5499.37},{"text":"elements","start":5499.37,"end":5499.89},{"text":"paper","start":5499.89,"end":5500.53},{"text":"provides","start":5500.77,"end":5501.41},{"text":"a","start":5501.49,"end":5501.53},{"text":"solid","start":5501.53,"end":5502.05},{"text":"framework","start":5502.05,"end":5502.53},{"text":"that","start":5502.53,"end":5502.85},{"text":"reflects","start":5502.85,"end":5503.45},{"text":"an","start":5503.45,"end":5503.97},{"text":"understanding","start":5504.17,"end":5505.09},{"text":"of","start":5505.09,"end":5505.25},{"text":"the","start":5505.25,"end":5505.33},{"text":"multifaceted","start":5505.41,"end":5506.53},{"text":"issues","start":5506.97,"end":5507.41},{"text":"confronting","start":5507.41,"end":5508.29},{"text":"LDCs.","start":5508.29,"end":5509.13}]},{"text":"We are happy to see the emphasis on enhancing domestic and international private business and international public finance for LDCs.","start":5509.73,"end":5518.57,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"We","start":5509.73,"end":5510.01},{"text":"are","start":5510.01,"end":5510.09},{"text":"happy","start":5510.09,"end":5510.41},{"text":"to","start":5510.45,"end":5510.61},{"text":"see","start":5510.61,"end":5510.93},{"text":"the","start":5510.93,"end":5511.05},{"text":"emphasis","start":5511.05,"end":5511.65},{"text":"on","start":5511.65,"end":5511.89},{"text":"enhancing","start":5511.89,"end":5512.61},{"text":"domestic","start":5512.61,"end":5513.21},{"text":"and","start":5513.21,"end":5513.41},{"text":"international","start":5513.41,"end":5514.13},{"text":"private","start":5514.13,"end":5514.53},{"text":"business","start":5514.53,"end":5515.17},{"text":"and","start":5515.57,"end":5515.81},{"text":"international","start":5515.81,"end":5516.57},{"text":"public","start":5516.57,"end":5517.01},{"text":"finance","start":5517.01,"end":5517.57},{"text":"for","start":5517.57,"end":5517.81},{"text":"LDCs.","start":5517.81,"end":5518.57}]},{"text":"We appreciate the inclusion of establishing an international investment support center for LDCs.","start":5519.25,"end":5526.65,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"We","start":5519.25,"end":5519.49},{"text":"appreciate","start":5519.53,"end":5520.13},{"text":"the","start":5520.21,"end":5520.33},{"text":"inclusion","start":5520.33,"end":5521.41},{"text":"of","start":5521.73,"end":5521.97},{"text":"establishing","start":5521.97,"end":5522.77},{"text":"an","start":5522.77,"end":5522.93},{"text":"international","start":5522.93,"end":5523.69},{"text":"investment","start":5523.69,"end":5524.37},{"text":"support","start":5524.37,"end":5524.85},{"text":"center","start":5524.85,"end":5525.41},{"text":"for","start":5525.41,"end":5525.81},{"text":"LDCs.","start":5525.81,"end":5526.65}]},{"text":"We wish to add that the inclusion of issues related to base erosion and profit shifting is critical for AODCs to overcome challenges that severely undermine domestic revenue collection.","start":5527.77,"end":5542.17,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"We","start":5527.77,"end":5528.01},{"text":"wish","start":5528.01,"end":5528.33},{"text":"to","start":5528.33,"end":5528.57},{"text":"add","start":5528.57,"end":5528.89},{"text":"that","start":5528.89,"end":5529.21},{"text":"the","start":5529.21,"end":5529.41},{"text":"inclusion","start":5529.41,"end":5530.25},{"text":"of","start":5530.53,"end":5530.65},{"text":"issues","start":5530.65,"end":5531.13},{"text":"related","start":5531.13,"end":5531.77},{"text":"to","start":5531.77,"end":5531.93},{"text":"base","start":5531.93,"end":5532.33},{"text":"erosion","start":5532.33,"end":5533.05},{"text":"and","start":5533.29,"end":5533.53},{"text":"profit","start":5533.53,"end":5534.09},{"text":"shifting","start":5534.09,"end":5534.73},{"text":"is","start":5534.81,"end":5535.05},{"text":"critical","start":5535.13,"end":5535.65},{"text":"for","start":5535.65,"end":5535.81},{"text":"AODCs","start":5535.81,"end":5536.53},{"text":"to","start":5536.97,"end":5537.09},{"text":"overcome","start":5537.09,"end":5537.77},{"text":"challenges","start":5537.77,"end":5538.49},{"text":"that","start":5538.49,"end":5538.81},{"text":"severely","start":5538.81,"end":5539.61},{"text":"undermine","start":5539.61,"end":5540.25},{"text":"domestic","start":5540.25,"end":5540.89},{"text":"revenue","start":5540.89,"end":5541.37},{"text":"collection.","start":5541.37,"end":5542.17}]},{"text":"The development of capital markets, in addition to development banks, is also important to enable our countries to mobilize resources through bonds and stocks.","start":5542.81,"end":5553.85,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"The","start":5542.81,"end":5542.97},{"text":"development","start":5543.05,"end":5543.65},{"text":"of","start":5543.65,"end":5543.85},{"text":"capital","start":5543.85,"end":5544.25},{"text":"markets,","start":5544.25,"end":5544.97},{"text":"in","start":5545.01,"end":5545.25},{"text":"addition","start":5545.25,"end":5545.77},{"text":"to","start":5545.77,"end":5545.93},{"text":"development","start":5545.93,"end":5546.49},{"text":"banks,","start":5546.49,"end":5546.97},{"text":"is","start":5547.21,"end":5547.53},{"text":"also","start":5547.53,"end":5547.81},{"text":"important","start":5547.81,"end":5548.61},{"text":"to","start":5548.61,"end":5548.69},{"text":"enable","start":5548.69,"end":5549.29},{"text":"our","start":5549.29,"end":5549.45},{"text":"countries","start":5549.45,"end":5550.17},{"text":"to","start":5550.45,"end":5550.57},{"text":"mobilize","start":5550.57,"end":5551.21},{"text":"resources","start":5551.29,"end":5552.09},{"text":"through","start":5552.13,"end":5552.33},{"text":"bonds","start":5552.33,"end":5552.89},{"text":"and","start":5552.89,"end":5553.21},{"text":"stocks.","start":5553.21,"end":5553.85}]},{"text":"We also commend the LMS paper for its focus on increasing official development assistance to at least 0.2% of donor countries GNI for LDCs.","start":5554.61,"end":5567.57,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"We","start":5554.61,"end":5554.69},{"text":"also","start":5554.69,"end":5555.17},{"text":"commend","start":5555.17,"end":5555.81},{"text":"the","start":5555.81,"end":5555.93},{"text":"LMS","start":5556.45,"end":5557.09},{"text":"paper","start":5557.09,"end":5557.53},{"text":"for","start":5557.57,"end":5557.81},{"text":"its","start":5557.81,"end":5558.05},{"text":"focus","start":5558.05,"end":5558.53},{"text":"on","start":5558.53,"end":5558.77},{"text":"increasing","start":5558.77,"end":5559.49},{"text":"official","start":5559.49,"end":5560.21},{"text":"development","start":5560.53,"end":5561.09},{"text":"assistance","start":5561.09,"end":5561.97},{"text":"to","start":5562.93,"end":5563.25},{"text":"at","start":5563.29,"end":5563.49},{"text":"least","start":5563.57,"end":5564.13},{"text":"0.2%","start":5564.13,"end":5564.17},{"text":"of","start":5564.17,"end":5564.29},{"text":"donor","start":5564.29,"end":5564.61},{"text":"countries","start":5564.61,"end":5565.25},{"text":"GNI","start":5565.33,"end":5566.05},{"text":"for","start":5566.29,"end":5566.57},{"text":"LDCs.","start":5566.69,"end":5567.57}]},{"text":"We strongly recommend that the zero draft must specify allocating at least 60% of ODA to country programming and budget.","start":5567.89,"end":5578.45,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"We","start":5567.89,"end":5568.13},{"text":"strongly","start":5568.13,"end":5568.65},{"text":"recommend","start":5568.65,"end":5569.33},{"text":"that","start":5569.37,"end":5569.53},{"text":"the","start":5569.57,"end":5569.77},{"text":"zero","start":5569.81,"end":5570.13},{"text":"draft","start":5570.13,"end":5570.69},{"text":"must","start":5570.93,"end":5571.41},{"text":"specify","start":5571.89,"end":5572.97},{"text":"allocating","start":5572.97,"end":5573.57},{"text":"at","start":5573.57,"end":5573.73},{"text":"least","start":5573.73,"end":5575.17},{"text":"60%","start":5575.17,"end":5575.21},{"text":"of","start":5575.21,"end":5575.33},{"text":"ODA","start":5575.33,"end":5575.61},{"text":"to","start":5575.89,"end":5575.97},{"text":"country","start":5576.37,"end":5576.85},{"text":"programming","start":5576.85,"end":5577.65},{"text":"and","start":5577.65,"end":5577.81},{"text":"budget.","start":5577.81,"end":5578.45}]},{"text":"The group also welcomes the dialogue and discussion in DCF to make efforts for an inclusive and effective global aid architecture.","start":5579.21,"end":5590.25,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"The","start":5579.21,"end":5579.33},{"text":"group","start":5579.37,"end":5579.77},{"text":"also","start":5579.77,"end":5580.25},{"text":"welcomes","start":5580.41,"end":5581.21},{"text":"the","start":5581.21,"end":5581.33},{"text":"dialogue","start":5581.77,"end":5582.29},{"text":"and","start":5582.57,"end":5582.85},{"text":"discussion","start":5582.85,"end":5583.61},{"text":"in","start":5583.61,"end":5583.77},{"text":"DCF","start":5583.77,"end":5584.65},{"text":"to","start":5585.05,"end":5585.21},{"text":"make","start":5585.29,"end":5585.53},{"text":"efforts","start":5585.53,"end":5586.09},{"text":"for","start":5586.09,"end":5586.29},{"text":"an","start":5586.29,"end":5586.41},{"text":"inclusive","start":5586.41,"end":5587.29},{"text":"and","start":5587.37,"end":5587.69},{"text":"effective","start":5587.69,"end":5588.33},{"text":"global","start":5588.33,"end":5589.01},{"text":"aid","start":5589.29,"end":5589.45},{"text":"architecture.","start":5589.45,"end":5590.25}]},{"text":"It is crucial to ensure that vulnerable countries such as LDCs receive sufficient climate finance.","start":5590.81,"end":5600.25,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"It","start":5590.81,"end":5591.05},{"text":"is","start":5591.05,"end":5591.37},{"text":"crucial","start":5591.37,"end":5591.93},{"text":"to","start":5592.89,"end":5593.13},{"text":"ensure","start":5593.41,"end":5593.85},{"text":"that","start":5593.85,"end":5594.25},{"text":"vulnerable","start":5594.49,"end":5595.77},{"text":"countries","start":5595.77,"end":5596.33},{"text":"such","start":5596.33,"end":5596.65},{"text":"as","start":5596.65,"end":5596.89},{"text":"LDCs","start":5596.89,"end":5597.69},{"text":"receive","start":5597.77,"end":5598.17},{"text":"sufficient","start":5598.17,"end":5598.89},{"text":"climate","start":5598.89,"end":5599.33},{"text":"finance.","start":5599.53,"end":5600.25}]},{"text":"Our group would like to stress that climate finance should be treated as a new and additional assistance to separate from development assistance.","start":5600.77,"end":5610.89,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Our","start":5600.77,"end":5600.81},{"text":"group","start":5600.97,"end":5601.33},{"text":"would","start":5601.33,"end":5601.61},{"text":"like","start":5601.61,"end":5601.85},{"text":"to","start":5601.85,"end":5602.09},{"text":"stress","start":5602.09,"end":5602.57},{"text":"that","start":5602.57,"end":5602.97},{"text":"climate","start":5602.97,"end":5603.45},{"text":"finance","start":5603.45,"end":5604.01},{"text":"should","start":5604.33,"end":5604.53},{"text":"be","start":5604.57,"end":5604.73},{"text":"treated","start":5604.73,"end":5605.17},{"text":"as","start":5605.21,"end":5605.49},{"text":"a","start":5605.49,"end":5605.53},{"text":"new","start":5605.53,"end":5606.01},{"text":"and","start":5606.01,"end":5606.25},{"text":"additional","start":5606.25,"end":5607.05},{"text":"assistance","start":5607.09,"end":5607.85},{"text":"to","start":5607.85,"end":5608.05},{"text":"separate","start":5608.05,"end":5608.73},{"text":"from","start":5608.73,"end":5609.21},{"text":"development","start":5609.53,"end":5610.09},{"text":"assistance.","start":5610.09,"end":5610.89}]},{"text":"The Baku agreement on the new collective quantified goal on climate finance is a step forward, but it is significantly lower than what LDCs need.","start":5611.37,"end":5622.65,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"The","start":5611.37,"end":5611.49},{"text":"Baku","start":5611.53,"end":5612.01},{"text":"agreement","start":5612.01,"end":5612.73},{"text":"on","start":5612.73,"end":5612.89},{"text":"the","start":5612.89,"end":5613.01},{"text":"new","start":5613.01,"end":5613.29},{"text":"collective","start":5613.29,"end":5613.93},{"text":"quantified","start":5613.93,"end":5614.81},{"text":"goal","start":5614.97,"end":5615.73},{"text":"on","start":5615.73,"end":5615.93},{"text":"climate","start":5615.93,"end":5616.29},{"text":"finance","start":5616.29,"end":5616.89},{"text":"is","start":5616.89,"end":5617.13},{"text":"a","start":5617.13,"end":5617.17},{"text":"step","start":5617.17,"end":5617.53},{"text":"forward,","start":5617.53,"end":5618.01},{"text":"but","start":5618.41,"end":5618.73},{"text":"it","start":5618.77,"end":5618.89},{"text":"is","start":5618.89,"end":5619.21},{"text":"significantly","start":5619.21,"end":5620.17},{"text":"lower","start":5620.17,"end":5620.57},{"text":"than","start":5620.57,"end":5620.97},{"text":"what","start":5620.97,"end":5621.37},{"text":"LDCs","start":5621.45,"end":5622.21},{"text":"need.","start":5622.33,"end":5622.65}]},{"text":"It also ignores LDCs' specific needs.","start":5623.33,"end":5626.49,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"It","start":5623.33,"end":5623.45},{"text":"also","start":5623.45,"end":5623.85},{"text":"ignores","start":5623.89,"end":5624.57},{"text":"LDCs'","start":5624.57,"end":5625.17},{"text":"specific","start":5625.37,"end":5626.09},{"text":"needs.","start":5626.09,"end":5626.49}]},{"text":"We believe that these gaps need to be addressed in the draft outcome of the FFD4.","start":5626.97,"end":5633.93,"topics":[],"words":[{"text":"We","start":5626.97,"end":5627.17},{"text":"believe","start":5627.21,"end":5627.69},{"text":"that","start":5627.69,"end":5627.93},{"text":"these","start":5628.01,"end":5628.41},{"text":"gaps","start":5628.41,"end":5628.89},{"text":"need","start":5629.05,"end":5629.37},{"text":"to","start":5629.37,"end":5629.49},{"text":"be","start":5629.53,"end":5629.77},{"text":"addressed","start":5629.77,"end":5630.33},{"text":"in","start":5630.33,"end":5630.49},{"text":"the","start":5630.49,"end":5630.61},{"text":"draft","start":5630.77,"end":5631.05},{"text":"outcome","start":5631.05,"end":5631.69},{"text":"of","start":5631.69,"end":5631.93},{"text":"the","start":5631.93,"end":5632.05},{"text":"FFD4.","start":5632.17,"end":5633.93}]},{"text":"Excellencies, the LDC Group also commends the special attention given to the LDC paper on boosting trade in LDCs.","start":5634.49,"end":5643.01,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Chair.","start":5700.09,"end":5702.65,"topics":[],"words":[{"text":"Thank","start":5700.09,"end":5700.41},{"text":"you","start":5700.41,"end":5700.53},{"text":"very","start":5700.53,"end":5700.81},{"text":"much,","start":5700.81,"end":5701.13},{"text":"Mr.","start":5701.89,"end":5702.37},{"text":"Chair.","start":5702.37,"end":5702.65}]},{"text":"I am pleased to deliver this general statement on behalf of the Alliance of Small Island 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broad set of proposals presented in the Element Paper reflects the high level of interest and ambition in this process, and we look forward to discussing these elements in greater detail over the coming days.","start":5727.45,"end":5742.25,"topics":[],"words":[{"text":"The","start":5727.45,"end":5727.61},{"text":"broad","start":5727.61,"end":5727.89},{"text":"set","start":5727.89,"end":5728.25},{"text":"of","start":5728.25,"end":5728.33},{"text":"proposals","start":5728.33,"end":5728.97},{"text":"presented","start":5728.97,"end":5729.61},{"text":"in","start":5729.61,"end":5729.77},{"text":"the","start":5729.77,"end":5729.89},{"text":"Element","start":5729.93,"end":5730.41},{"text":"Paper","start":5730.41,"end":5730.85},{"text":"reflects","start":5730.85,"end":5731.45},{"text":"the","start":5731.45,"end":5731.53},{"text":"high","start":5731.53,"end":5731.85},{"text":"level","start":5731.85,"end":5732.37},{"text":"of","start":5732.37,"end":5732.49},{"text":"interest","start":5732.49,"end":5733.09},{"text":"and","start":5733.09,"end":5733.21},{"text":"ambition","start":5733.21,"end":5733.93},{"text":"in","start":5734.41,"end":5734.57},{"text":"this","start":5734.57,"end":5734.89},{"text":"process,","start":5734.89,"end":5735.61},{"text":"and","start":5736.01,"end":5736.25},{"text":"we","start":5736.25,"end":5736.37},{"text":"look","start":5736.37,"end":5736.57},{"text":"forward","start":5736.57,"end":5737.01},{"text":"to","start":5737.01,"end":5737.17},{"text":"discussing","start":5737.21,"end":5738.01},{"text":"these","start":5738.01,"end":5738.33},{"text":"elements","start":5738.33,"end":5738.89},{"text":"in","start":5738.89,"end":5739.13},{"text":"greater","start":5739.13,"end":5739.61},{"text":"detail","start":5739.61,"end":5740.49},{"text":"over","start":5740.97,"end":5741.29},{"text":"the","start":5741.29,"end":5741.37},{"text":"coming","start":5741.37,"end":5741.85},{"text":"days.","start":5741.85,"end":5742.25}]},{"text":"Notwithstanding this, EOSIS wishes to make the following general points.","start":5743.45,"end":5749.21,"topics":[],"words":[{"text":"Notwithstanding","start":5743.45,"end":5744.41},{"text":"this,","start":5744.41,"end":5745.05},{"text":"EOSIS","start":5745.05,"end":5745.85},{"text":"wishes","start":5745.85,"end":5746.49},{"text":"to","start":5746.49,"end":5746.69},{"text":"make","start":5746.69,"end":5747.05},{"text":"the","start":5747.13,"end":5747.25},{"text":"following","start":5747.25,"end":5747.93},{"text":"general","start":5748.17,"end":5748.65},{"text":"points.","start":5748.65,"end":5749.21}]},{"text":"First, it is of paramount importance that the thrust of our discussion focuses on a paradigm shift in development cooperation and finance that deliberately addresses the systemic inequities that are deeply ingrained in our obsolete global economic and financial architecture.","start":5749.21,"end":5776.33,"topics":[{"key":"financial-architecture","label":"International Financial Architecture 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Build","start":5831.21,"end":5831.61},{"text":"on","start":5831.61,"end":5831.77},{"text":"the","start":5831.77,"end":5831.97},{"text":"Antigua","start":5831.97,"end":5832.53},{"text":"and","start":5832.53,"end":5832.65},{"text":"Barbuda","start":5832.65,"end":5833.25},{"text":"agenda","start":5833.25,"end":5833.69},{"text":"for","start":5833.69,"end":5833.93},{"text":"SIDS,","start":5833.93,"end":5834.33},{"text":"AOSIS","start":5834.33,"end":5835.05},{"text":"will","start":5835.05,"end":5835.21},{"text":"continue","start":5835.21,"end":5836.01},{"text":"to","start":5836.01,"end":5836.21},{"text":"pursue","start":5836.25,"end":5836.81},{"text":"the","start":5836.81,"end":5836.89},{"text":"financial","start":5836.89,"end":5837.65},{"text":"support","start":5837.65,"end":5838.29},{"text":"and","start":5838.29,"end":5838.49},{"text":"mechanisms","start":5838.49,"end":5839.37},{"text":"that","start":5839.93,"end":5840.17},{"text":"are","start":5840.17,"end":5840.25},{"text":"needed","start":5840.25,"end":5840.81},{"text":"for","start":5840.81,"end":5841.05},{"text":"SIDS","start":5841.05,"end":5841.37},{"text":"to","start":5841.37,"end":5841.57},{"text":"achieve","start":5841.57,"end":5842.09},{"text":"sustainable","start":5842.09,"end":5842.89},{"text":"development","start":5842.89,"end":5843.77},{"text":"and","start":5844.17,"end":5844.49},{"text":"resilient","start":5844.49,"end":5845.25},{"text":"prosperity.","start":5845.37,"end":5846.41}]},{"text":"There must also be a greater push to enhance the representation and meaningful participation of SIDS in the global economic and financial institution.","start":5846.81,"end":5858.41,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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the outcome document must firmly reject the imposition of unilateral cohesive economic measures against developing countries, as stated in the 2030 agenda, as such actions are inconsistent with the principle enshrined in the charter of the United Nation and international law.","start":5910.53,"end":5936.41,"topics":[],"words":[{"text":"Third,","start":5910.53,"end":5910.85},{"text":"the","start":5911.41,"end":5911.69},{"text":"outcome","start":5911.73,"end":5912.53},{"text":"document","start":5913.25,"end":5913.81},{"text":"must","start":5913.81,"end":5914.13},{"text":"firmly","start":5914.13,"end":5914.61},{"text":"reject","start":5914.61,"end":5915.25},{"text":"the","start":5915.25,"end":5915.37},{"text":"imposition","start":5915.49,"end":5916.45},{"text":"of","start":5916.45,"end":5916.69},{"text":"unilateral","start":5916.69,"end":5917.57},{"text":"cohesive","start":5918.05,"end":5918.89},{"text":"economic","start":5918.89,"end":5919.57},{"text":"measures","start":5919.57,"end":5920.13},{"text":"against","start":5920.13,"end":5920.49},{"text":"developing","start":5920.49,"end":5921.17},{"text":"countries,","start":5921.17,"end":5921.89},{"text":"as","start":5922.45,"end":5922.65},{"text":"stated","start":5922.65,"end":5923.41},{"text":"in","start":5923.41,"end":5923.73},{"text":"the","start":5923.73,"end":5923.85},{"text":"2030","start":5923.89,"end":5924.93},{"text":"agenda,","start":5925.17,"end":5925.81},{"text":"as","start":5926.37,"end":5926.57},{"text":"such","start":5926.57,"end":5927.01},{"text":"actions","start":5927.01,"end":5927.81},{"text":"are","start":5927.81,"end":5928.21},{"text":"inconsistent","start":5928.29,"end":5929.37},{"text":"with","start":5929.65,"end":5930.01},{"text":"the","start":5930.01,"end":5930.13},{"text":"principle","start":5930.13,"end":5930.93},{"text":"enshrined","start":5930.93,"end":5931.65},{"text":"in","start":5931.65,"end":5931.81},{"text":"the","start":5931.81,"end":5931.89},{"text":"charter","start":5931.89,"end":5932.61},{"text":"of","start":5932.61,"end":5932.93},{"text":"the","start":5932.93,"end":5933.05},{"text":"United","start":5933.05,"end":5933.57},{"text":"Nation","start":5933.57,"end":5934.21},{"text":"and","start":5934.61,"end":5934.93},{"text":"international","start":5934.93,"end":5936.33},{"text":"law.","start":5936.33,"end":5936.41}]},{"text":"In closing, AOSIS looks forward to constructively engaging with our partners throughout the second session.","start":5936.93,"end":5945.85,"topics":[],"words":[{"text":"In","start":5936.93,"end":5937.17},{"text":"closing,","start":5937.17,"end":5937.81},{"text":"AOSIS","start":5938.01,"end":5938.77},{"text":"looks","start":5938.77,"end":5939.09},{"text":"forward","start":5939.09,"end":5939.65},{"text":"to","start":5940.25,"end":5940.49},{"text":"constructively","start":5940.49,"end":5941.69},{"text":"engaging","start":5941.69,"end":5942.41},{"text":"with","start":5942.41,"end":5942.57},{"text":"our","start":5942.57,"end":5942.81},{"text":"partners","start":5942.81,"end":5943.61},{"text":"throughout","start":5944.05,"end":5944.61},{"text":"the","start":5944.61,"end":5944.73},{"text":"second","start":5944.73,"end":5945.09},{"text":"session.","start":5945.21,"end":5945.85}]},{"text":"However, we meet in the shadows of COP29, which failed to address its need for finance and the urgent need for ambitious action to keep global warming below 1.5.","start":5945.93,"end":5963.61,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Development","start":6002.49,"end":6003.37},{"text":"must","start":6003.53,"end":6004.01},{"text":"be","start":6004.01,"end":6004.33},{"text":"financed.","start":6004.33,"end":6005.05}]},{"text":"EOSIS resolve to ensure that it is remains unwavering.","start":6005.21,"end":6012.65,"topics":[],"words":[{"text":"EOSIS","start":6005.21,"end":6006.01},{"text":"resolve","start":6006.01,"end":6006.73},{"text":"to","start":6007.61,"end":6007.93},{"text":"ensure","start":6007.93,"end":6008.73},{"text":"that","start":6009.13,"end":6009.37},{"text":"it","start":6009.37,"end":6009.53},{"text":"is","start":6009.53,"end":6010.01},{"text":"remains","start":6010.49,"end":6011.37},{"text":"unwavering.","start":6011.93,"end":6012.65}]},{"text":"Thank you, Chair.","start":6013.37,"end":6014.09,"topics":[],"words":[{"text":"Thank","start":6013.37,"end":6013.61},{"text":"you,","start":6013.61,"end":6013.73},{"text":"Chair.","start":6013.77,"end":6014.09}]}]}],"speaker":{"name":null,"affiliation":"WSM","affiliation_full":"Samoa","group":"AOSIS","function":"Permanent Representative"}},{"statement_number":49,"start":6018.69,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=6019","paragraphs":[{"sentences":[{"text":"I thank the permanent representative of Samoa and.","start":6018.69,"end":6022.61,"topics":[],"words":[{"text":"I","start":6018.69,"end":6018.7},{"text":"thank","start":6018.69,"end":6019.25},{"text":"the","start":6019.33,"end":6019.57},{"text":"permanent","start":6019.65,"end":6020.13},{"text":"representative","start":6020.13,"end":6021.01},{"text":"of","start":6021.09,"end":6021.25},{"text":"Samoa","start":6021.25,"end":6021.89},{"text":"and.","start":6022.05,"end":6022.61}]}]},{"sentences":[{"text":"Now give the floor to the permanent representative of the Democratic Republic of the Congo on 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the group of African states.","start":6028.57,"end":6030.29,"topics":[],"words":[{"text":"Of","start":6028.57,"end":6028.69},{"text":"the","start":6028.69,"end":6028.77},{"text":"group","start":6028.77,"end":6029.13},{"text":"of","start":6029.13,"end":6029.25},{"text":"African","start":6029.25,"end":6029.73},{"text":"states.","start":6029.73,"end":6030.29}]},{"text":"Excellencies, distinguished delegates, I have the honor to deliver the statement on behalf of the African 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China.","start":6042.21,"end":6050.61,"topics":[],"words":[{"text":"We","start":6042.21,"end":6042.53},{"text":"align","start":6042.53,"end":6042.93},{"text":"ourselves","start":6042.93,"end":6043.65},{"text":"with","start":6043.73,"end":6044.09},{"text":"a","start":6044.09,"end":6044.13},{"text":"statement","start":6044.13,"end":6044.65},{"text":"delivered","start":6044.65,"end":6045.09},{"text":"by","start":6045.09,"end":6045.33},{"text":"the","start":6045.33,"end":6045.45},{"text":"distinguished","start":6045.49,"end":6046.13},{"text":"representative","start":6046.13,"end":6046.85},{"text":"of","start":6046.85,"end":6046.93},{"text":"Uganda","start":6046.93,"end":6047.65},{"text":"on","start":6048.21,"end":6048.29},{"text":"behalf","start":6048.29,"end":6048.77},{"text":"of","start":6048.77,"end":6049.09},{"text":"G77","start":6049.09,"end":6050.01},{"text":"and","start":6050.01,"end":6050.21},{"text":"China.","start":6050.21,"end":6050.61}]},{"text":"At the outset, allow me to acknowledge the outcome of the Africa regional consultation held on 18 to 19 November 2024 in Addis Ababa.","start":6051.49,"end":6061.89,"topics":[],"words":[{"text":"At","start":6051.49,"end":6051.57},{"text":"the","start":6051.57,"end":6051.69},{"text":"outset,","start":6051.69,"end":6052.29},{"text":"allow","start":6052.85,"end":6053.05},{"text":"me","start":6053.05,"end":6053.29},{"text":"to","start":6053.29,"end":6053.45},{"text":"acknowledge","start":6053.45,"end":6054.13},{"text":"the","start":6054.29,"end":6054.49},{"text":"outcome","start":6054.53,"end":6055.09},{"text":"of","start":6055.09,"end":6055.33},{"text":"the","start":6055.33,"end":6055.41},{"text":"Africa","start":6055.41,"end":6056.01},{"text":"regional","start":6056.01,"end":6056.57},{"text":"consultation","start":6056.57,"end":6057.33},{"text":"held","start":6057.33,"end":6057.65},{"text":"on","start":6058.13,"end":6058.37},{"text":"18","start":6058.37,"end":6059.09},{"text":"to","start":6059.25,"end":6059.41},{"text":"19","start":6059.41,"end":6059.89},{"text":"November","start":6059.89,"end":6060.29},{"text":"2024","start":6060.29,"end":6061.09},{"text":"in","start":6061.09,"end":6061.21},{"text":"Addis","start":6061.21,"end":6061.49},{"text":"Ababa.","start":6061.49,"end":6061.89}]},{"text":"This consultation provided valuable insights and reaffirmed Africa's collective priorities for the fourth International Conference on Financing for 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African group appreciates the focus on systemic challenges in the international financial architecture outlined in the elements paper.","start":6074.09,"end":6082.57,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"However,","start":6082.97,"end":6083.53},{"text":"it","start":6083.69,"end":6083.93},{"text":"remains","start":6083.93,"end":6084.33},{"text":"imperative","start":6084.33,"end":6085.05},{"text":"to","start":6085.05,"end":6085.21},{"text":"fully","start":6085.21,"end":6085.77},{"text":"integrate","start":6086.09,"end":6086.89},{"text":"Africa's","start":6086.89,"end":6087.57},{"text":"unique","start":6087.57,"end":6088.09},{"text":"perspective","start":6088.09,"end":6088.73},{"text":"to","start":6088.73,"end":6088.85},{"text":"ensure","start":6088.85,"end":6089.37},{"text":"the","start":6089.69,"end":6089.97},{"text":"outcome","start":6089.97,"end":6090.33},{"text":"document","start":6090.33,"end":6091.13},{"text":"effectively","start":6091.45,"end":6092.33},{"text":"addresses","start":6092.33,"end":6093.21},{"text":"our","start":6093.21,"end":6093.57},{"text":"development","start":6093.57,"end":6094.17},{"text":"realities","start":6094.17,"end":6094.97},{"text":"and","start":6095.21,"end":6095.41},{"text":"aspirations.","start":6095.41,"end":6096.25}]},{"text":"Africa continues to face a complex array of challenges impeding sustainable development, our external debt burden, which reached 655.6 billion in 2022, accounts for 22.4% of the continent GDP.","start":6096.73,"end":6115.97,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Over","start":6116.45,"end":6117.73},{"text":"60%","start":6117.73,"end":6117.77},{"text":"of","start":6117.77,"end":6117.97},{"text":"African","start":6117.97,"end":6118.45},{"text":"countries","start":6118.45,"end":6119.01},{"text":"spend","start":6119.25,"end":6119.65},{"text":"more","start":6119.65,"end":6120.05},{"text":"on","start":6120.05,"end":6120.21},{"text":"debt","start":6120.21,"end":6120.61},{"text":"servicing","start":6120.61,"end":6121.49},{"text":"than","start":6121.73,"end":6122.21},{"text":"on","start":6122.21,"end":6122.69},{"text":"healthcare,","start":6123.09,"end":6123.89},{"text":"with","start":6123.89,"end":6124.13},{"text":"some","start":6124.13,"end":6124.45},{"text":"allocation","start":6124.45,"end":6125.09},{"text":"four","start":6125.09,"end":6125.41},{"text":"times","start":6125.41,"end":6125.89},{"text":"as","start":6126.21,"end":6126.53},{"text":"much","start":6126.53,"end":6126.93},{"text":"to","start":6127.25,"end":6127.41},{"text":"debt","start":6127.41,"end":6127.81},{"text":"repayment","start":6127.81,"end":6128.61},{"text":"Then","start":6129.29,"end":6129.61},{"text":"the","start":6129.61,"end":6129.81},{"text":"education","start":6129.85,"end":6130.57},{"text":"and","start":6130.57,"end":6130.81},{"text":"health","start":6130.81,"end":6131.13},{"text":"combined,","start":6131.13,"end":6131.93},{"text":"this","start":6132.17,"end":6132.53},{"text":"situation","start":6132.53,"end":6133.13},{"text":"undermines","start":6133.13,"end":6133.77},{"text":"progress","start":6133.77,"end":6134.41},{"text":"in","start":6134.65,"end":6134.89},{"text":"critical","start":6134.89,"end":6135.29},{"text":"sector","start":6135.29,"end":6135.85},{"text":"and","start":6135.85,"end":6136.13},{"text":"deepens","start":6136.13,"end":6136.81},{"text":"economic","start":6137.09,"end":6137.77},{"text":"vulnerability.","start":6137.85,"end":6138.81}]},{"text":"The African group reiterates its call for the establishment of multilateral sovereign debt workout mechanism that is inclusive, transparent, and timely.","start":6139.29,"end":6150.17,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"The","start":6139.29,"end":6139.49},{"text":"African","start":6139.49,"end":6139.89},{"text":"group","start":6139.89,"end":6140.17},{"text":"reiterates","start":6140.17,"end":6141.21},{"text":"its","start":6141.21,"end":6141.45},{"text":"call","start":6141.45,"end":6141.93},{"text":"for","start":6142.17,"end":6142.41},{"text":"the","start":6142.41,"end":6142.49},{"text":"establishment","start":6142.49,"end":6143.29},{"text":"of","start":6143.29,"end":6143.45},{"text":"multilateral","start":6143.45,"end":6144.25},{"text":"sovereign","start":6144.25,"end":6144.81},{"text":"debt","start":6144.81,"end":6145.13},{"text":"workout","start":6145.53,"end":6146.33},{"text":"mechanism","start":6146.33,"end":6147.13},{"text":"that","start":6147.37,"end":6147.73},{"text":"is","start":6147.73,"end":6147.93},{"text":"inclusive,","start":6147.93,"end":6148.57},{"text":"transparent,","start":6148.57,"end":6149.37},{"text":"and","start":6149.37,"end":6149.61},{"text":"timely.","start":6149.61,"end":6150.17}]},{"text":"Additionally, we support the creation of a global debt authority within the UN to oversee this mechanism and ensure fairness in restructuring processes.","start":6150.69,"end":6161.65,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Additionally,","start":6150.69,"end":6151.33},{"text":"we","start":6151.33,"end":6151.53},{"text":"support","start":6151.53,"end":6152.01},{"text":"the","start":6152.01,"end":6152.13},{"text":"creation","start":6152.13,"end":6152.69},{"text":"of","start":6152.69,"end":6152.89},{"text":"a","start":6152.89,"end":6152.93},{"text":"global","start":6152.93,"end":6153.33},{"text":"debt","start":6153.33,"end":6153.65},{"text":"authority","start":6153.97,"end":6154.77},{"text":"within","start":6154.77,"end":6155.17},{"text":"the","start":6155.17,"end":6155.33},{"text":"UN","start":6155.33,"end":6155.73},{"text":"to","start":6155.73,"end":6156.09},{"text":"oversee","start":6156.09,"end":6156.69},{"text":"this","start":6157.01,"end":6157.25},{"text":"mechanism","start":6157.25,"end":6158.05},{"text":"and","start":6158.05,"end":6158.29},{"text":"ensure","start":6158.29,"end":6158.93},{"text":"fairness","start":6159.17,"end":6159.89},{"text":"in","start":6159.89,"end":6160.21},{"text":"restructuring","start":6160.21,"end":6160.93},{"text":"processes.","start":6160.93,"end":6161.65}]},{"text":"The issue of illicit financial flows, which drains 90 billion annually from the continent, remains a significant impediment to domestic resource mobilization.","start":6162.21,"end":6173.53,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"The","start":6162.21,"end":6162.33},{"text":"issue","start":6162.45,"end":6162.85},{"text":"of","start":6162.85,"end":6163.09},{"text":"illicit","start":6163.09,"end":6163.49},{"text":"financial","start":6163.49,"end":6164.05},{"text":"flows,","start":6164.05,"end":6164.77},{"text":"which","start":6164.85,"end":6165.33},{"text":"drains","start":6165.33,"end":6165.97},{"text":"90","start":6165.97,"end":6166.45},{"text":"billion","start":6166.45,"end":6167.01},{"text":"annually","start":6167.01,"end":6167.65},{"text":"from","start":6167.89,"end":6168.21},{"text":"the","start":6168.21,"end":6168.37},{"text":"continent,","start":6168.37,"end":6168.93},{"text":"remains","start":6168.93,"end":6169.37},{"text":"a","start":6169.49,"end":6169.53},{"text":"significant","start":6169.53,"end":6170.25},{"text":"impediment","start":6170.25,"end":6170.93},{"text":"to","start":6171.37,"end":6171.45},{"text":"domestic","start":6171.45,"end":6172.09},{"text":"resource","start":6172.09,"end":6172.65},{"text":"mobilization.","start":6172.65,"end":6173.53}]},{"text":"We advocate for a United Nations framework convention on international tax cooperation to promote equitable global tax standards.","start":6173.77,"end":6182.57,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"We","start":6173.77,"end":6174.09},{"text":"advocate","start":6174.09,"end":6174.65},{"text":"for","start":6174.65,"end":6174.93},{"text":"a","start":6174.93,"end":6174.97},{"text":"United","start":6174.97,"end":6175.37},{"text":"Nations","start":6175.37,"end":6175.81},{"text":"framework","start":6175.81,"end":6176.29},{"text":"convention","start":6176.29,"end":6176.97},{"text":"on","start":6177.29,"end":6177.53},{"text":"international","start":6177.53,"end":6178.25},{"text":"tax","start":6178.25,"end":6178.61},{"text":"cooperation","start":6178.61,"end":6179.37},{"text":"to","start":6179.61,"end":6179.77},{"text":"promote","start":6179.77,"end":6180.41},{"text":"equitable","start":6180.45,"end":6181.05},{"text":"global","start":6181.05,"end":6181.45},{"text":"tax","start":6181.45,"end":6181.89},{"text":"standards.","start":6181.89,"end":6182.57}]},{"text":"Strengthening domestic tax systems, addressing tax evasion, and improving revenue collection are critical to expanding Africa's fiscal space.","start":6183.13,"end":6193.77,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Strengthening","start":6183.13,"end":6183.69},{"text":"domestic","start":6183.69,"end":6184.45},{"text":"tax","start":6184.45,"end":6184.85},{"text":"systems,","start":6184.85,"end":6185.61},{"text":"addressing","start":6185.61,"end":6186.17},{"text":"tax","start":6186.17,"end":6186.57},{"text":"evasion,","start":6186.89,"end":6187.61},{"text":"and","start":6187.97,"end":6188.09},{"text":"improving","start":6188.09,"end":6188.73},{"text":"revenue","start":6188.73,"end":6189.21},{"text":"collection","start":6189.21,"end":6189.93},{"text":"are","start":6189.93,"end":6190.25},{"text":"critical","start":6190.25,"end":6190.73},{"text":"to","start":6190.73,"end":6191.13},{"text":"expanding","start":6191.13,"end":6191.77},{"text":"Africa's","start":6191.77,"end":6192.37},{"text":"fiscal","start":6192.73,"end":6193.21},{"text":"space.","start":6193.21,"end":6193.77}]},{"text":"Climate change continues to disproportionately affect Africa despite the continent's minimal contribution to global emissions.","start":6195.21,"end":6203.57,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Climate","start":6195.21,"end":6195.53},{"text":"change","start":6195.53,"end":6195.97},{"text":"continues","start":6195.97,"end":6196.53},{"text":"to","start":6196.53,"end":6196.77},{"text":"disproportionately","start":6196.77,"end":6198.05},{"text":"affect","start":6198.05,"end":6198.49},{"text":"Africa","start":6198.49,"end":6199.09},{"text":"despite","start":6199.41,"end":6200.05},{"text":"the","start":6200.05,"end":6200.13},{"text":"continent's","start":6200.13,"end":6200.85},{"text":"minimal","start":6200.85,"end":6201.33},{"text":"contribution","start":6201.33,"end":6201.89},{"text":"to","start":6201.89,"end":6202.05},{"text":"global","start":6202.05,"end":6202.61},{"text":"emissions.","start":6202.85,"end":6203.57}]},{"text":"The unmet 100 billion annual climate finance commitment must be fulfilled with financing mechanism designated to ensure accessibility and predictability for African nations.","start":6203.81,"end":6220.45,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"The","start":6203.81,"end":6204.09},{"text":"unmet","start":6204.09,"end":6204.77},{"text":"100","start":6204.85,"end":6205.49},{"text":"billion","start":6207.41,"end":6207.97},{"text":"annual","start":6207.97,"end":6208.37},{"text":"climate","start":6208.37,"end":6208.85},{"text":"finance","start":6208.85,"end":6209.41},{"text":"commitment","start":6209.81,"end":6210.37},{"text":"must","start":6210.37,"end":6210.89},{"text":"be","start":6210.89,"end":6211.17},{"text":"fulfilled","start":6211.17,"end":6211.89},{"text":"with","start":6212.21,"end":6212.49},{"text":"financing","start":6212.49,"end":6213.13},{"text":"mechanism","start":6213.13,"end":6213.73},{"text":"designated","start":6213.73,"end":6214.53},{"text":"to","start":6215.09,"end":6215.33},{"text":"ensure","start":6215.33,"end":6215.89},{"text":"accessibility","start":6215.89,"end":6216.93},{"text":"and","start":6216.93,"end":6217.33},{"text":"predictability","start":6217.73,"end":6218.93},{"text":"for","start":6218.93,"end":6219.25},{"text":"African","start":6219.25,"end":6219.77},{"text":"nations.","start":6219.77,"end":6220.45}]},{"text":"It is essential that climate finance remains distinct from development finance to guarantee additionality and prevent resource diversion.","start":6221.17,"end":6231.41,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. 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Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Private","start":6232.17,"end":6232.57},{"text":"sector","start":6232.57,"end":6233.09},{"text":"investment","start":6233.33,"end":6234.17},{"text":"is","start":6234.61,"end":6235.01},{"text":"indispensable","start":6235.01,"end":6235.81},{"text":"for","start":6235.81,"end":6236.01},{"text":"Africa's","start":6236.01,"end":6236.49},{"text":"development.","start":6236.49,"end":6237.13}]},{"text":"High borrowing costs limit risk mitigation instrument and inadequate capital market detail private investment.","start":6237.57,"end":6246.01,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"High","start":6237.57,"end":6237.81},{"text":"borrowing","start":6237.81,"end":6238.37},{"text":"costs","start":6238.37,"end":6238.93},{"text":"limit","start":6238.93,"end":6239.33},{"text":"risk","start":6240.13,"end":6240.61},{"text":"mitigation","start":6240.69,"end":6241.49},{"text":"instrument","start":6241.49,"end":6242.05},{"text":"and","start":6242.05,"end":6242.45},{"text":"inadequate","start":6242.69,"end":6243.29},{"text":"capital","start":6243.29,"end":6243.81},{"text":"market","start":6243.81,"end":6244.17},{"text":"detail","start":6244.17,"end":6244.69},{"text":"private","start":6244.69,"end":6245.25},{"text":"investment.","start":6245.25,"end":6246.01}]},{"text":"Investment in frontier technologies are crucial to closing the digital divide, enhancing Africa participation in the global innovation landscape.","start":6246.69,"end":6257.61,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. 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Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"Trade,","start":6258.69,"end":6259.01},{"text":"a","start":6259.57,"end":6259.61},{"text":"proven","start":6259.61,"end":6260.13},{"text":"engine","start":6260.13,"end":6260.53},{"text":"of","start":6260.53,"end":6260.85},{"text":"development,","start":6260.85,"end":6261.41},{"text":"faces","start":6261.41,"end":6261.77},{"text":"significant","start":6261.77,"end":6262.45},{"text":"barriers","start":6262.45,"end":6263.01},{"text":"in","start":6263.25,"end":6263.49},{"text":"Africa,","start":6263.49,"end":6263.85},{"text":"including","start":6263.85,"end":6264.45},{"text":"non-tariff","start":6264.45,"end":6265.25},{"text":"measures","start":6265.65,"end":6266.29},{"text":"and","start":6266.29,"end":6266.45},{"text":"market","start":6266.45,"end":6266.93},{"text":"access","start":6266.93,"end":6267.25},{"text":"limitation.","start":6267.25,"end":6267.97}]},{"text":"Reforming the international financial architecture is pivotal.","start":6268.45,"end":6271.89,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Reforming","start":6268.45,"end":6269.01},{"text":"the","start":6269.01,"end":6269.13},{"text":"international","start":6269.13,"end":6269.85},{"text":"financial","start":6269.85,"end":6270.37},{"text":"architecture","start":6270.37,"end":6270.97},{"text":"is","start":6270.97,"end":6271.09},{"text":"pivotal.","start":6271.17,"end":6271.89}]},{"text":"The African group welcomes the establishment of African Credit Rating Agency, expected to begin operations in December 2024, to provide fairer and more representative assessment of African economies.","start":6272.21,"end":6288.05,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"The","start":6272.21,"end":6272.33},{"text":"African","start":6272.33,"end":6272.85},{"text":"group","start":6272.85,"end":6273.17},{"text":"welcomes","start":6273.17,"end":6273.85},{"text":"the","start":6273.85,"end":6273.93},{"text":"establishment","start":6273.93,"end":6274.65},{"text":"of","start":6274.65,"end":6274.85},{"text":"African","start":6274.85,"end":6275.49},{"text":"Credit","start":6275.81,"end":6276.29},{"text":"Rating","start":6276.29,"end":6276.85},{"text":"Agency,","start":6276.85,"end":6277.65},{"text":"expected","start":6278.13,"end":6278.81},{"text":"to","start":6278.81,"end":6279.17},{"text":"begin","start":6279.17,"end":6279.65},{"text":"operations","start":6279.65,"end":6280.53},{"text":"in","start":6280.53,"end":6280.73},{"text":"December","start":6280.73,"end":6281.33},{"text":"2024,","start":6281.33,"end":6282.37},{"text":"to","start":6282.69,"end":6282.85},{"text":"provide","start":6282.85,"end":6283.57},{"text":"fairer","start":6283.73,"end":6284.45},{"text":"and","start":6284.69,"end":6285.01},{"text":"more","start":6285.01,"end":6285.69},{"text":"representative","start":6285.69,"end":6286.37},{"text":"assessment","start":6286.37,"end":6286.93},{"text":"of","start":6286.93,"end":6287.13},{"text":"African","start":6287.13,"end":6287.49},{"text":"economies.","start":6287.49,"end":6288.05}]},{"text":"This initiative is a critical step toward addressing biases in existing sovereign credit ratings and reducing borrowing costs.","start":6288.57,"end":6298.89,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"This","start":6288.57,"end":6288.81},{"text":"initiative","start":6288.81,"end":6289.53},{"text":"is","start":6289.53,"end":6289.85},{"text":"a","start":6289.85,"end":6289.89},{"text":"critical","start":6289.89,"end":6290.41},{"text":"step","start":6290.41,"end":6290.73},{"text":"toward","start":6291.13,"end":6291.53},{"text":"addressing","start":6291.53,"end":6292.17},{"text":"biases","start":6292.17,"end":6292.89},{"text":"in","start":6293.45,"end":6293.65},{"text":"existing","start":6294.01,"end":6294.73},{"text":"sovereign","start":6294.73,"end":6295.29},{"text":"credit","start":6295.29,"end":6295.77},{"text":"ratings","start":6295.77,"end":6296.41},{"text":"and","start":6296.73,"end":6297.17},{"text":"reducing","start":6297.17,"end":6297.93},{"text":"borrowing","start":6298.01,"end":6298.49},{"text":"costs.","start":6298.49,"end":6298.89}]},{"text":"In conclusion, the African Group remains committed to a collaborative and constructive approach in this process.","start":6299.13,"end":6306.33,"topics":[],"words":[{"text":"In","start":6299.13,"end":6299.37},{"text":"conclusion,","start":6299.37,"end":6300.01},{"text":"the","start":6300.01,"end":6300.13},{"text":"African","start":6300.13,"end":6300.57},{"text":"Group","start":6300.65,"end":6300.85},{"text":"remains","start":6301.21,"end":6301.77},{"text":"committed","start":6301.77,"end":6302.29},{"text":"to","start":6302.29,"end":6302.69},{"text":"a","start":6302.69,"end":6302.73},{"text":"collaborative","start":6302.73,"end":6303.53},{"text":"and","start":6303.61,"end":6303.93},{"text":"constructive","start":6303.93,"end":6304.65},{"text":"approach","start":6304.97,"end":6305.37},{"text":"in","start":6305.37,"end":6305.53},{"text":"this","start":6305.53,"end":6305.77},{"text":"process.","start":6305.77,"end":6306.33}]}]},{"sentences":[{"text":"We urge all stakeholders.","start":6306.49,"end":6308.25,"topics":[],"words":[{"text":"We","start":6306.49,"end":6306.69},{"text":"urge","start":6306.81,"end":6307.13},{"text":"all","start":6307.13,"end":6307.37},{"text":"stakeholders.","start":6307.37,"end":6308.25}]}]},{"sentences":[{"text":"To work forward on outcome document that delivers actionable solution to the challenges we face and paves the way for a fairer, more inclusive global financial system.","start":6308.69,"end":6323.65,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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President, I have the pleasure to deliver a statement on behalf of the following countries, members of the Group of Friends for Education and Lifelong Learning Andorra, Angola, Armenia, Bangladesh, Bulgaria, Brazil, Canada, Cape Verde, Colombia, Denmark, France, Finland, Greece, Italy, Ireland, Japan, Kazakhstan, Kenya, Malta, Moldova, Mongolia, the Netherlands, Nigeria, Norway, the Philippines, Qatar, the Republic of Korea, St. Vincent and the Grenadines, Senegal, Sierra Leone, Singapore, Sri Lanka, Sudan, Thailand, Togo, Vietnam, and my own country, 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and lower middle income countries spend inadequately on education with about forty one not meeting the benchmark of allocating four to six of gdp or fifteen to twenty of public expenditure on education.","start":6448.85,"end":6468.69,"topics":[],"words":[{"text":"low","start":6448.85,"end":6449.41},{"text":"and","start":6449.49,"end":6449.85},{"text":"lower","start":6449.97,"end":6450.45},{"text":"middle","start":6450.45,"end":6450.77},{"text":"income","start":6450.77,"end":6451.17},{"text":"countries","start":6451.17,"end":6451.73},{"text":"spend","start":6451.73,"end":6452.21},{"text":"inadequately","start":6452.29,"end":6453.81},{"text":"on","start":6453.81,"end":6454.21},{"text":"education","start":6454.37,"end":6455.25},{"text":"with","start":6455.57,"end":6455.81},{"text":"about","start":6455.81,"end":6456.29},{"text":"forty","start":6456.29,"end":6456.77},{"text":"one","start":6456.77,"end":6457.73},{"text":"not","start":6458.13,"end":6458.53},{"text":"meeting","start":6458.53,"end":6459.01},{"text":"the","start":6459.01,"end":6459.09},{"text":"benchmark","start":6459.09,"end":6459.73},{"text":"of","start":6459.77,"end":6459.89},{"text":"allocating","start":6459.93,"end":6460.61},{"text":"four","start":6460.61,"end":6460.97},{"text":"to","start":6460.97,"end":6461.09},{"text":"six","start":6461.49,"end":6462.61},{"text":"of","start":6462.93,"end":6463.09},{"text":"gdp","start":6463.09,"end":6463.73},{"text":"or","start":6464.05,"end":6464.29},{"text":"fifteen","start":6464.29,"end":6464.93},{"text":"to","start":6464.93,"end":6465.09},{"text":"twenty","start":6465.09,"end":6465.49},{"text":"of","start":6465.81,"end":6465.89},{"text":"public","start":6466.45,"end":6466.93},{"text":"expenditure","start":6466.93,"end":6467.73},{"text":"on","start":6467.73,"end":6467.89},{"text":"education.","start":6467.89,"end":6468.69}]},{"text":"Financial support for education through the ODAs has been on the decline since 20, uh, uh, 2002 plummeting from 12% to 7.6%, excellencies.","start":6469.25,"end":6483.97,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Financial","start":6469.25,"end":6469.73},{"text":"support","start":6469.73,"end":6470.13},{"text":"for","start":6470.13,"end":6470.37},{"text":"education","start":6470.37,"end":6471.09},{"text":"through","start":6471.09,"end":6471.45},{"text":"the","start":6471.45,"end":6471.57},{"text":"ODAs","start":6471.61,"end":6472.21},{"text":"has","start":6472.37,"end":6472.61},{"text":"been","start":6472.61,"end":6473.01},{"text":"on","start":6473.09,"end":6473.29},{"text":"the","start":6473.29,"end":6473.37},{"text":"decline","start":6473.37,"end":6473.97},{"text":"since","start":6473.97,"end":6474.29},{"text":"20,","start":6474.29,"end":6474.85},{"text":"uh,","start":6474.93,"end":6474.97},{"text":"uh,","start":6474.97,"end":6475.01},{"text":"2002","start":6475.49,"end":6476.45},{"text":"plummeting","start":6476.69,"end":6477.25},{"text":"from","start":6477.25,"end":6477.57},{"text":"12%","start":6480.93,"end":6480.97},{"text":"to","start":6481.01,"end":6482.53},{"text":"7.6%,","start":6483.01,"end":6483.05},{"text":"excellencies.","start":6483.05,"end":6483.97}]},{"text":"Without a dedicated effort to bolster education financing, the global education crisis is poised to intensify, jeopardising the fulfilment of the 2030 Agenda.","start":6484.53,"end":6495.81,"topics":[],"words":[{"text":"Without","start":6484.53,"end":6484.81},{"text":"a","start":6484.81,"end":6484.85},{"text":"dedicated","start":6484.85,"end":6485.61},{"text":"effort","start":6485.61,"end":6486.17},{"text":"to","start":6486.17,"end":6486.25},{"text":"bolster","start":6486.29,"end":6486.69},{"text":"education","start":6486.69,"end":6487.41},{"text":"financing,","start":6487.41,"end":6488.13},{"text":"the","start":6488.37,"end":6488.49},{"text":"global","start":6488.49,"end":6488.93},{"text":"education","start":6488.93,"end":6489.49},{"text":"crisis","start":6489.49,"end":6489.97},{"text":"is","start":6489.97,"end":6490.21},{"text":"poised","start":6490.21,"end":6490.57},{"text":"to","start":6490.57,"end":6490.65},{"text":"intensify,","start":6490.69,"end":6491.65},{"text":"jeopardising","start":6492.05,"end":6493.01},{"text":"the","start":6493.17,"end":6493.33},{"text":"fulfilment","start":6493.33,"end":6494.13},{"text":"of","start":6494.13,"end":6494.33},{"text":"the","start":6494.33,"end":6494.45},{"text":"2030","start":6494.45,"end":6495.21},{"text":"Agenda.","start":6495.21,"end":6495.81}]},{"text":"This is why today we put forward the following proposals with strong hope that they will be reflected in the zero draft of the outcome document.","start":6496.21,"end":6506.13,"topics":[],"words":[{"text":"This","start":6496.21,"end":6496.45},{"text":"is","start":6496.45,"end":6496.61},{"text":"why","start":6496.61,"end":6497.01},{"text":"today","start":6497.01,"end":6497.81},{"text":"we","start":6497.81,"end":6498.05},{"text":"put","start":6498.05,"end":6498.29},{"text":"forward","start":6498.29,"end":6498.85},{"text":"the","start":6499.01,"end":6499.09},{"text":"following","start":6499.09,"end":6499.61},{"text":"proposals","start":6499.61,"end":6500.37},{"text":"with","start":6500.45,"end":6500.69},{"text":"strong","start":6500.69,"end":6501.25},{"text":"hope","start":6501.25,"end":6501.65},{"text":"that","start":6501.89,"end":6502.09},{"text":"they","start":6502.09,"end":6502.29},{"text":"will","start":6502.29,"end":6502.45},{"text":"be","start":6502.45,"end":6502.61},{"text":"reflected","start":6502.61,"end":6503.33},{"text":"in","start":6503.49,"end":6503.65},{"text":"the","start":6503.65,"end":6503.73},{"text":"zero","start":6503.73,"end":6504.05},{"text":"draft","start":6504.05,"end":6504.61},{"text":"of","start":6504.89,"end":6505.01},{"text":"the","start":6505.01,"end":6505.17},{"text":"outcome","start":6505.17,"end":6505.45},{"text":"document.","start":6505.45,"end":6506.13}]},{"text":"Governments should be strongly encouraged to prioritise domestic resource mobilisation to generate additional funding for education, with a key emphasis on expanding tax bases and increasing the tax to GDP ratio to at least 15 per cent.","start":6507.81,"end":6524.93,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Governments","start":6507.81,"end":6508.33},{"text":"should","start":6508.33,"end":6508.53},{"text":"be","start":6508.53,"end":6508.61},{"text":"strongly","start":6508.61,"end":6509.05},{"text":"encouraged","start":6509.05,"end":6509.77},{"text":"to","start":6509.77,"end":6509.89},{"text":"prioritise","start":6509.89,"end":6510.69},{"text":"domestic","start":6510.69,"end":6511.17},{"text":"resource","start":6511.17,"end":6511.65},{"text":"mobilisation","start":6511.65,"end":6512.61},{"text":"to","start":6512.85,"end":6512.97},{"text":"generate","start":6513.01,"end":6513.65},{"text":"additional","start":6513.65,"end":6514.17},{"text":"funding","start":6514.17,"end":6514.53},{"text":"for","start":6514.53,"end":6514.77},{"text":"education,","start":6514.77,"end":6515.65},{"text":"with","start":6515.89,"end":6516.13},{"text":"a","start":6516.13,"end":6516.21},{"text":"key","start":6516.21,"end":6516.57},{"text":"emphasis","start":6516.57,"end":6517.33},{"text":"on","start":6517.57,"end":6517.73},{"text":"expanding","start":6517.73,"end":6518.45},{"text":"tax","start":6518.45,"end":6518.77},{"text":"bases","start":6518.77,"end":6519.33},{"text":"and","start":6519.57,"end":6519.81},{"text":"increasing","start":6519.81,"end":6520.61},{"text":"the","start":6520.61,"end":6520.69},{"text":"tax","start":6520.69,"end":6521.09},{"text":"to","start":6521.09,"end":6521.21},{"text":"GDP","start":6521.25,"end":6521.97},{"text":"ratio","start":6521.97,"end":6522.69},{"text":"to","start":6522.93,"end":6523.05},{"text":"at","start":6523.09,"end":6523.25},{"text":"least","start":6523.25,"end":6523.65},{"text":"15","start":6523.65,"end":6524.13},{"text":"per","start":6524.13,"end":6524.29},{"text":"cent.","start":6524.29,"end":6524.93}]},{"text":"At the same time, they should aim to allocate 4 to 6 per cent of their GDP or 15 to 20 per cent of total government expenditures to education.","start":6525.25,"end":6536.53,"topics":[],"words":[{"text":"At","start":6525.25,"end":6525.33},{"text":"the","start":6525.33,"end":6525.45},{"text":"same","start":6525.45,"end":6525.77},{"text":"time,","start":6525.77,"end":6526.21},{"text":"they","start":6526.53,"end":6526.69},{"text":"should","start":6526.69,"end":6526.93},{"text":"aim","start":6527.01,"end":6527.17},{"text":"to","start":6527.17,"end":6527.37},{"text":"allocate","start":6527.37,"end":6527.97},{"text":"4","start":6527.97,"end":6528.29},{"text":"to","start":6528.29,"end":6528.41},{"text":"6","start":6528.45,"end":6528.85},{"text":"per","start":6528.85,"end":6529.01},{"text":"cent","start":6529.01,"end":6529.37},{"text":"of","start":6529.37,"end":6529.49},{"text":"their","start":6529.49,"end":6529.65},{"text":"GDP","start":6529.65,"end":6530.29},{"text":"or","start":6530.29,"end":6530.61},{"text":"15","start":6530.77,"end":6531.33},{"text":"to","start":6531.33,"end":6531.57},{"text":"20","start":6531.81,"end":6532.29},{"text":"per","start":6532.29,"end":6532.41},{"text":"cent","start":6532.41,"end":6532.85},{"text":"of","start":6532.85,"end":6533.17},{"text":"total","start":6533.49,"end":6533.85},{"text":"government","start":6533.85,"end":6534.37},{"text":"expenditures","start":6534.37,"end":6535.25},{"text":"to","start":6535.49,"end":6535.65},{"text":"education.","start":6535.65,"end":6536.53}]},{"text":"Second, finance ministries and education ministries should be invited to work together to devise and implement long-term sustainable financing strategies for the education sector, optimising the mix of financing options available.","start":6537.37,"end":6552.73,"topics":[],"words":[{"text":"Second,","start":6537.37,"end":6537.93},{"text":"finance","start":6538.57,"end":6539.05},{"text":"ministries","start":6539.05,"end":6539.69},{"text":"and","start":6539.69,"end":6539.89},{"text":"education","start":6539.89,"end":6540.41},{"text":"ministries","start":6540.41,"end":6540.93},{"text":"should","start":6540.93,"end":6541.21},{"text":"be","start":6541.21,"end":6541.37},{"text":"invited","start":6541.37,"end":6541.89},{"text":"to","start":6541.89,"end":6542.09},{"text":"work","start":6542.09,"end":6542.41},{"text":"together","start":6542.41,"end":6542.97},{"text":"to","start":6543.29,"end":6543.41},{"text":"devise","start":6543.41,"end":6544.17},{"text":"and","start":6544.17,"end":6544.37},{"text":"implement","start":6544.37,"end":6544.97},{"text":"long-term","start":6544.97,"end":6545.61},{"text":"sustainable","start":6545.61,"end":6546.25},{"text":"financing","start":6546.25,"end":6546.89},{"text":"strategies","start":6546.89,"end":6547.53},{"text":"for","start":6547.77,"end":6547.97},{"text":"the","start":6547.97,"end":6548.05},{"text":"education","start":6548.05,"end":6548.73},{"text":"sector,","start":6548.73,"end":6549.37},{"text":"optimising","start":6549.69,"end":6550.45},{"text":"the","start":6550.45,"end":6550.57},{"text":"mix","start":6550.57,"end":6550.89},{"text":"of","start":6550.89,"end":6551.01},{"text":"financing","start":6551.01,"end":6551.69},{"text":"options","start":6551.69,"end":6552.13},{"text":"available.","start":6552.13,"end":6552.73}]},{"text":"International financial institutions and regional development banks should expand low cost lending to increase investments in education.","start":6554.89,"end":6564.09,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."},{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"International","start":6554.89,"end":6555.77},{"text":"financial","start":6555.85,"end":6556.45},{"text":"institutions","start":6556.45,"end":6557.61},{"text":"and","start":6557.69,"end":6557.97},{"text":"regional","start":6557.97,"end":6558.41},{"text":"development","start":6558.41,"end":6558.97},{"text":"banks","start":6558.97,"end":6559.37},{"text":"should","start":6559.37,"end":6559.61},{"text":"expand","start":6559.61,"end":6560.13},{"text":"low","start":6560.13,"end":6560.41},{"text":"cost","start":6560.41,"end":6560.81},{"text":"lending","start":6560.81,"end":6561.37},{"text":"to","start":6561.61,"end":6561.77},{"text":"increase","start":6561.77,"end":6562.33},{"text":"investments","start":6562.33,"end":6563.13},{"text":"in","start":6563.13,"end":6563.33},{"text":"education.","start":6563.33,"end":6564.09}]},{"text":"They should reassess public sector wage constraints that prevent increased spending on education and advocate for policies that will allow recruitment of teachers to meet service delivery standards and improve educational outcomes.","start":6564.41,"end":6579.69,"topics":[],"words":[{"text":"They","start":6564.41,"end":6564.65},{"text":"should","start":6564.65,"end":6564.97},{"text":"reassess","start":6564.97,"end":6565.53},{"text":"public","start":6565.53,"end":6565.93},{"text":"sector","start":6565.93,"end":6566.33},{"text":"wage","start":6566.33,"end":6566.61},{"text":"constraints","start":6566.61,"end":6567.29},{"text":"that","start":6567.53,"end":6567.77},{"text":"prevent","start":6567.77,"end":6568.41},{"text":"increased","start":6568.65,"end":6569.21},{"text":"spending","start":6569.21,"end":6569.77},{"text":"on","start":6569.77,"end":6569.93},{"text":"education","start":6569.93,"end":6570.73},{"text":"and","start":6570.73,"end":6570.93},{"text":"advocate","start":6570.93,"end":6571.53},{"text":"for","start":6571.77,"end":6571.93},{"text":"policies","start":6571.93,"end":6572.53},{"text":"that","start":6572.53,"end":6572.73},{"text":"will","start":6572.73,"end":6573.13},{"text":"allow","start":6573.13,"end":6573.53},{"text":"recruitment","start":6573.77,"end":6574.53},{"text":"of","start":6574.53,"end":6574.73},{"text":"teachers","start":6574.73,"end":6575.21},{"text":"to","start":6575.37,"end":6575.53},{"text":"meet","start":6575.53,"end":6575.77},{"text":"service","start":6575.77,"end":6576.17},{"text":"delivery","start":6576.17,"end":6576.73},{"text":"standards","start":6576.73,"end":6577.29},{"text":"and","start":6577.53,"end":6577.69},{"text":"improve","start":6577.69,"end":6578.25},{"text":"educational","start":6578.25,"end":6579.05},{"text":"outcomes.","start":6579.05,"end":6579.69}]},{"text":"Fourth, Donor countries should be invited to respect their commitments to provide at least 0.7 of their gross national income as ODA to developing countries, increase ODA for education and allocate such aid to the countries furthest behind on reaching SDG4.","start":6580.57,"end":6602.05,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Fourth,","start":6580.57,"end":6581.13},{"text":"Donor","start":6581.81,"end":6582.13},{"text":"countries","start":6582.13,"end":6582.69},{"text":"should","start":6582.69,"end":6583.01},{"text":"be","start":6583.01,"end":6583.25},{"text":"invited","start":6583.25,"end":6583.97},{"text":"to","start":6584.13,"end":6584.29},{"text":"respect","start":6584.29,"end":6584.85},{"text":"their","start":6584.85,"end":6585.05},{"text":"commitments","start":6585.05,"end":6585.65},{"text":"to","start":6585.65,"end":6585.77},{"text":"provide","start":6585.77,"end":6586.21},{"text":"at","start":6586.21,"end":6586.37},{"text":"least","start":6586.37,"end":6586.73},{"text":"0.7","start":6587.33,"end":6588.85},{"text":"of","start":6588.89,"end":6589.01},{"text":"their","start":6589.01,"end":6589.25},{"text":"gross","start":6589.25,"end":6589.57},{"text":"national","start":6589.57,"end":6590.05},{"text":"income","start":6590.05,"end":6590.53},{"text":"as","start":6590.93,"end":6591.17},{"text":"ODA","start":6591.17,"end":6591.65},{"text":"to","start":6591.73,"end":6592.01},{"text":"developing","start":6592.01,"end":6592.45},{"text":"countries,","start":6592.45,"end":6593.25},{"text":"increase","start":6593.49,"end":6594.29},{"text":"ODA","start":6594.29,"end":6594.69},{"text":"for","start":6594.77,"end":6595.09},{"text":"education","start":6595.09,"end":6595.81},{"text":"and","start":6596.05,"end":6596.25},{"text":"allocate","start":6596.25,"end":6596.65},{"text":"such","start":6596.65,"end":6596.93},{"text":"aid","start":6596.93,"end":6597.25},{"text":"to","start":6597.49,"end":6597.57},{"text":"the","start":6597.57,"end":6597.69},{"text":"countries","start":6597.69,"end":6598.21},{"text":"furthest","start":6598.69,"end":6599.41},{"text":"behind","start":6599.49,"end":6600.29},{"text":"on","start":6600.29,"end":6600.45},{"text":"reaching","start":6600.45,"end":6600.93},{"text":"SDG4.","start":6600.93,"end":6602.05}]},{"text":"Finally, Debt relief and restructuring can, where applicable, be an effective way to free up fiscal space for education and improve long term spending capacities.","start":6602.61,"end":6615.53,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Third,","start":6783.13,"end":6783.53},{"text":"increasing","start":6783.93,"end":6784.57},{"text":"finance","start":6784.57,"end":6785.29},{"text":"in","start":6785.53,"end":6785.93},{"text":"SDG","start":6786.09,"end":6786.81},{"text":"14.","start":6786.81,"end":6787.53}]},{"text":"and investing in international cooperation for disaster risk reduction, also as a way of addressing the adverse impacts of climate change.","start":6788.13,"end":6801.81,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"and","start":6788.13,"end":6788.53},{"text":"investing","start":6788.53,"end":6789.17},{"text":"in","start":6789.17,"end":6789.41},{"text":"international","start":6789.41,"end":6790.37},{"text":"cooperation","start":6790.53,"end":6791.41},{"text":"for","start":6791.57,"end":6791.89},{"text":"disaster","start":6791.89,"end":6792.69},{"text":"risk","start":6792.93,"end":6793.37},{"text":"reduction,","start":6793.41,"end":6794.13},{"text":"also","start":6794.61,"end":6795.17},{"text":"as","start":6795.25,"end":6795.49},{"text":"a","start":6795.49,"end":6795.57},{"text":"way","start":6795.57,"end":6795.97},{"text":"of","start":6795.97,"end":6796.21},{"text":"addressing","start":6796.21,"end":6796.85},{"text":"the","start":6797.01,"end":6797.25},{"text":"adverse","start":6797.25,"end":6798.13},{"text":"impacts","start":6799.25,"end":6800.05},{"text":"of","start":6800.13,"end":6800.37},{"text":"climate","start":6800.37,"end":6800.93},{"text":"change.","start":6801.17,"end":6801.81}]},{"text":"We appreciate that many of these have been addressed in the elements paper.","start":6802.61,"end":6808.37,"topics":[],"words":[{"text":"We","start":6802.61,"end":6802.85},{"text":"appreciate","start":6802.85,"end":6803.73},{"text":"that","start":6803.89,"end":6804.21},{"text":"many","start":6804.21,"end":6804.85},{"text":"of","start":6804.85,"end":6805.09},{"text":"these","start":6805.09,"end":6805.49},{"text":"have","start":6805.53,"end":6805.81},{"text":"been","start":6805.81,"end":6806.05},{"text":"addressed","start":6806.05,"end":6806.69},{"text":"in","start":6806.93,"end":6807.09},{"text":"the","start":6807.09,"end":6807.17},{"text":"elements","start":6807.25,"end":6807.73},{"text":"paper.","start":6807.73,"end":6808.37}]},{"text":"We also appreciate the proposal on strengthening the follow-up mechanism of this process and look forward to discussions on it.","start":6809.33,"end":6819.25,"topics":[],"words":[{"text":"We","start":6809.33,"end":6809.41},{"text":"also","start":6809.41,"end":6809.89},{"text":"appreciate","start":6810.05,"end":6811.01},{"text":"the","start":6811.01,"end":6811.17},{"text":"proposal","start":6811.17,"end":6811.89},{"text":"on","start":6811.89,"end":6812.05},{"text":"strengthening","start":6812.05,"end":6812.69},{"text":"the","start":6812.69,"end":6812.85},{"text":"follow-up","start":6812.85,"end":6813.49},{"text":"mechanism","start":6813.73,"end":6814.53},{"text":"of","start":6814.85,"end":6815.09},{"text":"this","start":6815.09,"end":6815.33},{"text":"process","start":6815.33,"end":6815.97},{"text":"and","start":6816.29,"end":6816.53},{"text":"look","start":6816.53,"end":6816.85},{"text":"forward","start":6816.85,"end":6817.49},{"text":"to","start":6817.73,"end":6817.85},{"text":"discussions","start":6817.89,"end":6818.77},{"text":"on","start":6818.77,"end":6819.01},{"text":"it.","start":6819.01,"end":6819.25}]},{"text":"Ultimately, multi-stakeholder engagement remains fundamental to success on this process.","start":6821.53,"end":6829.17,"topics":[],"words":[{"text":"Ultimately,","start":6821.53,"end":6822.21},{"text":"multi-stakeholder","start":6822.45,"end":6823.89},{"text":"engagement","start":6823.93,"end":6824.77},{"text":"remains","start":6824.93,"end":6825.57},{"text":"fundamental","start":6825.73,"end":6826.69},{"text":"to","start":6826.85,"end":6827.05},{"text":"success","start":6827.05,"end":6827.73},{"text":"on","start":6827.97,"end":6828.13},{"text":"this","start":6828.13,"end":6828.45},{"text":"process.","start":6828.45,"end":6829.17}]},{"text":"This is a collective effort involving academia, civil society, and the private sector, as well as IFIs, MDBs and PDBs, the latter of which have gained an increasing role in the development arena.","start":6829.65,"end":6847.05,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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let us work together to ensure that the outcome of CVID 2025 delivers transformative change for sustainable development 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we would like to add the following remarks in national capacity.","start":6906.29,"end":6910.37,"topics":[],"words":[{"text":"And","start":6906.29,"end":6906.45},{"text":"we","start":6906.45,"end":6906.61},{"text":"would","start":6906.61,"end":6906.73},{"text":"like","start":6906.77,"end":6907.09},{"text":"to","start":6907.09,"end":6907.33},{"text":"add","start":6907.33,"end":6907.65},{"text":"the","start":6907.65,"end":6907.73},{"text":"following","start":6907.73,"end":6908.21},{"text":"remarks","start":6908.21,"end":6908.93},{"text":"in","start":6908.93,"end":6909.13},{"text":"national","start":6909.13,"end":6909.57},{"text":"capacity.","start":6909.57,"end":6910.37}]},{"text":"We would like to extend our serious sincere appreciation to the co chairs for their guidance and the secretariat for their dedicated efforts in organising this session and preparing the elements paper a robust foundation for our 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Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"We","start":7163.85,"end":7163.93},{"text":"also","start":7163.93,"end":7164.25},{"text":"welcome","start":7164.25,"end":7164.73},{"text":"the","start":7164.73,"end":7164.85},{"text":"emphasis","start":7164.85,"end":7165.45},{"text":"on","start":7165.69,"end":7165.85},{"text":"a","start":7165.85,"end":7165.93},{"text":"conducive","start":7165.93,"end":7166.61},{"text":"environment","start":7166.61,"end":7167.25},{"text":"to","start":7167.25,"end":7167.33},{"text":"attract","start":7167.33,"end":7167.81},{"text":"private","start":7167.81,"end":7168.25},{"text":"investors,","start":7168.25,"end":7169.13},{"text":"as","start":7169.13,"end":7169.29},{"text":"well","start":7169.29,"end":7169.45},{"text":"as","start":7169.45,"end":7169.61},{"text":"the","start":7169.61,"end":7169.69},{"text":"potential","start":7169.69,"end":7170.45},{"text":"of","start":7170.45,"end":7170.65},{"text":"MDBs","start":7170.65,"end":7171.29},{"text":"in","start":7171.29,"end":7171.37},{"text":"private","start":7171.37,"end":7171.77},{"text":"capital","start":7171.77,"end":7172.33},{"text":"mobilization.","start":7172.41,"end":7173.45}]},{"text":"Attention to innovative forms of financing will remain central in our approach to financing sustainable development.","start":7174.33,"end":7181.53,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. 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Excellencies, we wish to thank the Preparatory Committee for the work that they've done in organising this conference.","start":7236.05,"end":7243.73,"topics":[],"words":[{"text":"Thank","start":7236.05,"end":7236.33},{"text":"you,","start":7236.33,"end":7236.45},{"text":"Sir.","start":7236.45,"end":7236.93},{"text":"Excellencies,","start":7237.09,"end":7237.97},{"text":"we","start":7237.97,"end":7238.17},{"text":"wish","start":7238.17,"end":7238.37},{"text":"to","start":7238.37,"end":7238.61},{"text":"thank","start":7238.61,"end":7239.17},{"text":"the","start":7239.17,"end":7239.33},{"text":"Preparatory","start":7239.33,"end":7239.97},{"text":"Committee","start":7239.97,"end":7240.45},{"text":"for","start":7240.45,"end":7240.61},{"text":"the","start":7240.61,"end":7240.77},{"text":"work","start":7240.77,"end":7241.01},{"text":"that","start":7241.01,"end":7241.13},{"text":"they've","start":7241.13,"end":7241.33},{"text":"done","start":7241.33,"end":7241.73},{"text":"in","start":7241.73,"end":7241.97},{"text":"organising","start":7241.97,"end":7242.61},{"text":"this","start":7242.61,"end":7242.93},{"text":"conference.","start":7242.93,"end":7243.73}]},{"text":"We also thank the co-facilitators for the publication of the Elements Paper.","start":7244.05,"end":7248.29,"topics":[],"words":[{"text":"We","start":7244.05,"end":7244.29},{"text":"also","start":7244.29,"end":7244.61},{"text":"thank","start":7244.61,"end":7244.85},{"text":"the","start":7244.85,"end":7244.93},{"text":"co-facilitators","start":7244.93,"end":7245.97},{"text":"for","start":7245.97,"end":7246.13},{"text":"the","start":7246.13,"end":7246.21},{"text":"publication","start":7246.21,"end":7247.01},{"text":"of","start":7247.01,"end":7247.25},{"text":"the","start":7247.25,"end":7247.33},{"text":"Elements","start":7247.41,"end":7247.89},{"text":"Paper.","start":7247.89,"end":7248.29}]},{"text":"That paper meticulously reflects the various priorities which were put forward in the inputs submitted in October.","start":7248.93,"end":7257.29,"topics":[],"words":[{"text":"That","start":7248.93,"end":7249.13},{"text":"paper","start":7249.13,"end":7249.65},{"text":"meticulously","start":7250.17,"end":7251.29},{"text":"reflects","start":7251.61,"end":7252.17},{"text":"the","start":7252.17,"end":7252.25},{"text":"various","start":7252.25,"end":7252.73},{"text":"priorities","start":7252.73,"end":7253.69},{"text":"which","start":7253.73,"end":7254.09},{"text":"were","start":7254.09,"end":7254.25},{"text":"put","start":7254.25,"end":7254.49},{"text":"forward","start":7254.49,"end":7254.85},{"text":"in","start":7254.85,"end":7254.93},{"text":"the","start":7254.93,"end":7255.01},{"text":"inputs","start":7255.01,"end":7255.89},{"text":"submitted","start":7255.89,"end":7256.33},{"text":"in","start":7256.33,"end":7256.57},{"text":"October.","start":7256.57,"end":7257.29}]},{"text":"We appreciate the importance given to cross cutting priorities, including human rights, gender equality and climate, priorities which require an unflagging commitment.","start":7257.69,"end":7268.73,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"We","start":7257.69,"end":7258.01},{"text":"appreciate","start":7258.09,"end":7258.81},{"text":"the","start":7258.81,"end":7259.01},{"text":"importance","start":7259.01,"end":7259.77},{"text":"given","start":7259.77,"end":7260.09},{"text":"to","start":7260.09,"end":7260.25},{"text":"cross","start":7260.25,"end":7260.65},{"text":"cutting","start":7260.65,"end":7260.97},{"text":"priorities,","start":7260.97,"end":7261.69},{"text":"including","start":7261.69,"end":7262.41},{"text":"human","start":7262.41,"end":7262.73},{"text":"rights,","start":7262.73,"end":7263.21},{"text":"gender","start":7263.45,"end":7263.81},{"text":"equality","start":7263.81,"end":7264.33},{"text":"and","start":7264.33,"end":7264.65},{"text":"climate,","start":7264.65,"end":7265.29},{"text":"priorities","start":7265.53,"end":7266.21},{"text":"which","start":7266.21,"end":7266.57},{"text":"require","start":7266.57,"end":7267.25},{"text":"an","start":7267.25,"end":7267.45},{"text":"unflagging","start":7267.45,"end":7268.17},{"text":"commitment.","start":7268.17,"end":7268.73}]},{"text":"Luxembourg aligns itself with the statement delivered by the European Union.","start":7269.05,"end":7273.29,"topics":[],"words":[{"text":"Luxembourg","start":7269.05,"end":7269.77},{"text":"aligns","start":7270.09,"end":7270.77},{"text":"itself","start":7270.77,"end":7271.13},{"text":"with","start":7271.13,"end":7271.25},{"text":"the","start":7271.25,"end":7271.33},{"text":"statement","start":7271.33,"end":7271.73},{"text":"delivered","start":7271.73,"end":7272.09},{"text":"by","start":7272.09,"end":7272.17},{"text":"the","start":7272.17,"end":7272.29},{"text":"European","start":7272.29,"end":7272.81},{"text":"Union.","start":7272.81,"end":7273.29}]},{"text":"The current international financial architecture has not lived up to the task of mobilising the financing needed reach the SDGs by 2030.","start":7273.53,"end":7282.37,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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fact that they were able to condense this Elements paper from roughly 300 inputs is very impressive.","start":7444.61,"end":7451.25,"topics":[],"words":[{"text":"The","start":7444.61,"end":7444.77},{"text":"fact","start":7444.77,"end":7445.01},{"text":"that","start":7445.01,"end":7445.13},{"text":"they","start":7445.13,"end":7445.21},{"text":"were","start":7445.21,"end":7445.37},{"text":"able","start":7445.37,"end":7445.53},{"text":"to","start":7445.53,"end":7445.65},{"text":"condense","start":7445.65,"end":7446.37},{"text":"this","start":7446.37,"end":7446.61},{"text":"Elements","start":7446.61,"end":7447.09},{"text":"paper","start":7447.09,"end":7447.73},{"text":"from","start":7447.73,"end":7448.13},{"text":"roughly","start":7448.45,"end":7448.85},{"text":"300","start":7448.85,"end":7449.49},{"text":"inputs","start":7449.49,"end":7450.05},{"text":"is","start":7450.05,"end":7450.21},{"text":"very","start":7450.21,"end":7450.53},{"text":"impressive.","start":7450.53,"end":7451.25}]},{"text":"It also proves that there was broad engagement in the process.","start":7451.65,"end":7458.29,"topics":[],"words":[{"text":"It","start":7451.65,"end":7451.81},{"text":"also","start":7451.81,"end":7452.13},{"text":"proves","start":7452.13,"end":7452.93},{"text":"that","start":7453.25,"end":7453.97},{"text":"there","start":7455.09,"end":7455.33},{"text":"was","start":7455.33,"end":7455.73},{"text":"broad","start":7455.73,"end":7456.49},{"text":"engagement","start":7456.49,"end":7457.25},{"text":"in","start":7457.25,"end":7457.41},{"text":"the","start":7457.41,"end":7457.53},{"text":"process.","start":7457.53,"end":7458.29}]},{"text":"Allow me to stress several points that we would like to see featuring prominently in the outcome document.","start":7459.21,"end":7465.37,"topics":[],"words":[{"text":"Allow","start":7459.21,"end":7459.41},{"text":"me","start":7459.41,"end":7459.61},{"text":"to","start":7459.61,"end":7459.77},{"text":"stress","start":7459.77,"end":7460.21},{"text":"several","start":7460.21,"end":7460.49},{"text":"points","start":7460.49,"end":7461.05},{"text":"that","start":7461.05,"end":7461.21},{"text":"we","start":7461.21,"end":7461.33},{"text":"would","start":7461.33,"end":7461.45},{"text":"like","start":7461.45,"end":7461.69},{"text":"to","start":7461.69,"end":7461.81},{"text":"see","start":7461.81,"end":7462.25},{"text":"featuring","start":7462.25,"end":7462.97},{"text":"prominently","start":7462.97,"end":7463.85},{"text":"in","start":7463.85,"end":7464.09},{"text":"the","start":7464.09,"end":7464.21},{"text":"outcome","start":7464.25,"end":7464.65},{"text":"document.","start":7464.65,"end":7465.37}]},{"text":"As for domestic resource mobilization, we need to strengthen the inclusive and effective nature of international tax cooperation.","start":7467.45,"end":7477.21,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"As","start":7467.45,"end":7467.77},{"text":"for","start":7467.77,"end":7468.25},{"text":"domestic","start":7468.33,"end":7468.81},{"text":"resource","start":7468.81,"end":7469.45},{"text":"mobilization,","start":7469.69,"end":7470.65},{"text":"we","start":7470.89,"end":7471.05},{"text":"need","start":7471.05,"end":7471.17},{"text":"to","start":7471.17,"end":7471.29},{"text":"strengthen","start":7471.29,"end":7471.93},{"text":"the","start":7471.93,"end":7472.05},{"text":"inclusive","start":7472.05,"end":7472.97},{"text":"and","start":7472.97,"end":7473.37},{"text":"effective","start":7473.81,"end":7474.49},{"text":"nature","start":7474.49,"end":7475.09},{"text":"of","start":7475.09,"end":7475.21},{"text":"international","start":7475.21,"end":7475.81},{"text":"tax","start":7475.81,"end":7476.25},{"text":"cooperation.","start":7476.25,"end":7477.21}]},{"text":"This should be done on the basis of a process that is grounded in consensus as much as possible.","start":7477.45,"end":7483.21,"topics":[],"words":[{"text":"This","start":7477.45,"end":7477.73},{"text":"should","start":7477.73,"end":7477.89},{"text":"be","start":7477.89,"end":7478.01},{"text":"done","start":7478.01,"end":7478.21},{"text":"on","start":7478.21,"end":7478.33},{"text":"the","start":7478.33,"end":7478.41},{"text":"basis","start":7478.41,"end":7478.89},{"text":"of","start":7479.09,"end":7479.25},{"text":"a","start":7479.25,"end":7479.29},{"text":"process","start":7479.29,"end":7479.85},{"text":"that","start":7479.85,"end":7480.09},{"text":"is","start":7480.09,"end":7480.49},{"text":"grounded","start":7480.73,"end":7481.17},{"text":"in","start":7481.17,"end":7481.29},{"text":"consensus","start":7481.29,"end":7482.01},{"text":"as","start":7482.01,"end":7482.17},{"text":"much","start":7482.17,"end":7482.45},{"text":"as","start":7482.45,"end":7482.57},{"text":"possible.","start":7482.57,"end":7483.21}]},{"text":"We must also draw on the significant progress already made by the OECD and the G20.","start":7483.29,"end":7489.77,"topics":[],"words":[{"text":"We","start":7483.29,"end":7483.45},{"text":"must","start":7483.45,"end":7483.69},{"text":"also","start":7483.69,"end":7483.93},{"text":"draw","start":7483.93,"end":7484.25},{"text":"on","start":7484.25,"end":7484.49},{"text":"the","start":7484.49,"end":7484.61},{"text":"significant","start":7484.61,"end":7485.29},{"text":"progress","start":7485.29,"end":7485.77},{"text":"already","start":7485.77,"end":7486.09},{"text":"made","start":7486.09,"end":7486.65},{"text":"by","start":7486.89,"end":7487.21},{"text":"the","start":7487.21,"end":7487.33},{"text":"OECD","start":7487.45,"end":7488.33},{"text":"and","start":7488.33,"end":7488.73},{"text":"the","start":7488.81,"end":7489.05},{"text":"G20.","start":7489.17,"end":7489.77}]},{"text":"We must also step up our efforts to stem corruption at all levels, and we must combat illicit financial flows, as well as facilitating and strengthening international cooperation in terms of asset recovery.","start":7490.41,"end":7507.53,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. 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now to development effectiveness, it is possible to be more, even more ambitious as regards the application of the principles of effectiveness in their entirety, shifting from traditional methods of international… financing for development based on inputs toward mechanisms based on results could yield further 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also need to, and this is particularly important, stop the growing fragmentation of the development architecture in order to improve accessibility and lower transaction 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now to private business and finance.","start":7546.29,"end":7549.49,"topics":[],"words":[{"text":"Turning","start":7546.29,"end":7546.65},{"text":"now","start":7546.65,"end":7546.77},{"text":"to","start":7546.77,"end":7546.97},{"text":"private","start":7546.97,"end":7547.49},{"text":"business","start":7547.49,"end":7548.05},{"text":"and","start":7548.05,"end":7548.37},{"text":"finance.","start":7548.77,"end":7549.49}]},{"text":"In order to ensure that private enterprise contributes more, we need to improve the business enabling environment by strengthening transparency, good governance, and by combating corruption and showing up the rule of law.","start":7550.93,"end":7566.13,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"In","start":7550.93,"end":7551.01},{"text":"order","start":7551.01,"end":7551.25},{"text":"to","start":7551.25,"end":7551.61},{"text":"ensure","start":7551.61,"end":7552.13},{"text":"that","start":7552.13,"end":7552.45},{"text":"private","start":7552.45,"end":7553.01},{"text":"enterprise","start":7553.01,"end":7553.73},{"text":"contributes","start":7553.73,"end":7554.29},{"text":"more,","start":7554.29,"end":7554.77},{"text":"we","start":7554.77,"end":7555.01},{"text":"need","start":7555.01,"end":7555.25},{"text":"to","start":7555.25,"end":7555.49},{"text":"improve","start":7555.49,"end":7556.29},{"text":"the","start":7556.29,"end":7556.57},{"text":"business","start":7557.01,"end":7557.57},{"text":"enabling","start":7557.57,"end":7558.21},{"text":"environment","start":7558.21,"end":7559.01},{"text":"by","start":7559.25,"end":7559.49},{"text":"strengthening","start":7559.49,"end":7560.05},{"text":"transparency,","start":7560.05,"end":7560.93},{"text":"good","start":7560.93,"end":7561.25},{"text":"governance,","start":7561.25,"end":7561.89},{"text":"and","start":7562.37,"end":7562.69},{"text":"by","start":7563.25,"end":7563.65},{"text":"combating","start":7563.81,"end":7564.37},{"text":"corruption","start":7564.37,"end":7564.93},{"text":"and","start":7564.93,"end":7565.05},{"text":"showing","start":7565.05,"end":7565.33},{"text":"up","start":7565.33,"end":7565.41},{"text":"the","start":7565.41,"end":7565.49},{"text":"rule","start":7565.49,"end":7565.97},{"text":"of","start":7565.97,"end":7566.05},{"text":"law.","start":7566.05,"end":7566.13}]},{"text":"Innovative instruments such as blended finance and impact investing will help attract and mobilize private capital.","start":7566.77,"end":7574.61,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Innovative","start":7566.77,"end":7567.37},{"text":"instruments","start":7567.37,"end":7567.89},{"text":"such","start":7567.89,"end":7568.05},{"text":"as","start":7568.05,"end":7568.21},{"text":"blended","start":7568.21,"end":7568.69},{"text":"finance","start":7568.69,"end":7569.17},{"text":"and","start":7569.17,"end":7569.33},{"text":"impact","start":7569.33,"end":7569.97},{"text":"investing","start":7569.97,"end":7570.77},{"text":"will","start":7571.09,"end":7571.33},{"text":"help","start":7571.33,"end":7571.65},{"text":"attract","start":7571.89,"end":7572.61},{"text":"and","start":7572.61,"end":7572.81},{"text":"mobilize","start":7572.81,"end":7573.41},{"text":"private","start":7573.41,"end":7574.09},{"text":"capital.","start":7574.09,"end":7574.61}]},{"text":"Additional momentum could be generated by simplifying remittances and lowering their cost and by broadening access to financial services, especially for women and marginalized groups.","start":7575.21,"end":7588.65,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"Additional","start":7575.21,"end":7575.93},{"text":"momentum","start":7575.93,"end":7576.65},{"text":"could","start":7576.81,"end":7577.05},{"text":"be","start":7577.05,"end":7577.37},{"text":"generated","start":7577.37,"end":7578.09},{"text":"by","start":7578.17,"end":7578.65},{"text":"simplifying","start":7578.97,"end":7579.93},{"text":"remittances","start":7580.01,"end":7581.05},{"text":"and","start":7581.05,"end":7581.21},{"text":"lowering","start":7581.21,"end":7581.61},{"text":"their","start":7581.61,"end":7581.85},{"text":"cost","start":7581.85,"end":7582.49},{"text":"and","start":7582.73,"end":7582.89},{"text":"by","start":7582.89,"end":7583.05},{"text":"broadening","start":7583.05,"end":7583.61},{"text":"access","start":7583.61,"end":7584.09},{"text":"to","start":7584.09,"end":7584.25},{"text":"financial","start":7584.25,"end":7584.81},{"text":"services,","start":7584.81,"end":7585.61},{"text":"especially","start":7585.85,"end":7586.49},{"text":"for","start":7586.49,"end":7586.65},{"text":"women","start":7586.65,"end":7586.97},{"text":"and","start":7586.97,"end":7587.21},{"text":"marginalized","start":7587.21,"end":7588.09},{"text":"groups.","start":7588.09,"end":7588.65}]},{"text":"My final point has to do with systems for data and statistics.","start":7589.13,"end":7595.13,"topics":[],"words":[{"text":"My","start":7589.13,"end":7589.29},{"text":"final","start":7589.29,"end":7589.85},{"text":"point","start":7589.85,"end":7590.41},{"text":"has","start":7590.49,"end":7590.81},{"text":"to","start":7590.81,"end":7590.93},{"text":"do","start":7590.93,"end":7591.45},{"text":"with","start":7591.77,"end":7592.33},{"text":"systems","start":7592.57,"end":7593.45},{"text":"for","start":7593.45,"end":7593.69},{"text":"data","start":7593.69,"end":7594.17},{"text":"and","start":7594.17,"end":7594.41},{"text":"statistics.","start":7594.41,"end":7595.13}]},{"text":"If we are to rely on trustworthy data on financing for development, then we need robust data.","start":7595.37,"end":7602.17,"topics":[],"words":[{"text":"If","start":7595.37,"end":7595.53},{"text":"we","start":7595.53,"end":7595.65},{"text":"are","start":7595.65,"end":7595.77},{"text":"to","start":7595.77,"end":7595.89},{"text":"rely","start":7595.89,"end":7596.41},{"text":"on","start":7596.41,"end":7596.57},{"text":"trustworthy","start":7596.57,"end":7597.29},{"text":"data","start":7597.29,"end":7598.01},{"text":"on","start":7598.25,"end":7598.41},{"text":"financing","start":7598.41,"end":7598.93},{"text":"for","start":7598.93,"end":7599.13},{"text":"development,","start":7599.13,"end":7599.77},{"text":"then","start":7599.93,"end":7600.25},{"text":"we","start":7600.25,"end":7600.41},{"text":"need","start":7600.41,"end":7600.73},{"text":"robust","start":7600.73,"end":7601.61},{"text":"data.","start":7601.69,"end":7602.17}]},{"text":"This means strengthening national data and statistical systems and improving their governance.","start":7602.89,"end":7610.29,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. 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thank the distinguished ambassador of Switzerland and now give the floor to the permanent representative of 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like to make a few very simple points, and I thank you for the opportunity.","start":7681.69,"end":7686.53,"topics":[],"words":[{"text":"I'd","start":7681.69,"end":7681.85},{"text":"like","start":7681.85,"end":7682.05},{"text":"to","start":7682.05,"end":7682.13},{"text":"make","start":7682.13,"end":7682.37},{"text":"a","start":7682.61,"end":7682.65},{"text":"few","start":7682.65,"end":7682.93},{"text":"very","start":7682.93,"end":7683.25},{"text":"simple","start":7683.25,"end":7683.65},{"text":"points,","start":7683.65,"end":7684.21},{"text":"and","start":7684.37,"end":7684.61},{"text":"I","start":7684.61,"end":7684.69},{"text":"thank","start":7684.69,"end":7685.09},{"text":"you","start":7685.09,"end":7685.17},{"text":"for","start":7685.17,"end":7685.41},{"text":"the","start":7685.41,"end":7685.53},{"text":"opportunity.","start":7685.53,"end":7686.53}]},{"text":"First of all, we must center our efforts on ideas which can be accomplished to increase the required financing required by 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only one part of the equation.","start":7722.09,"end":7729.21,"topics":[],"words":[{"text":"To","start":7722.09,"end":7722.17},{"text":"look","start":7722.17,"end":7722.49},{"text":"holistically,","start":7722.65,"end":7723.61},{"text":"generating","start":7724.49,"end":7725.05},{"text":"more","start":7725.05,"end":7725.29},{"text":"finance,","start":7725.29,"end":7725.81},{"text":"which","start":7725.81,"end":7726.01},{"text":"is","start":7726.01,"end":7726.17},{"text":"what","start":7726.17,"end":7726.33},{"text":"everybody","start":7726.33,"end":7726.73},{"text":"wants,","start":7726.73,"end":7727.21},{"text":"is","start":7727.21,"end":7727.45},{"text":"only","start":7727.45,"end":7727.77},{"text":"one","start":7727.77,"end":7728.09},{"text":"part","start":7728.09,"end":7728.37},{"text":"of","start":7728.37,"end":7728.45},{"text":"the","start":7728.45,"end":7728.57},{"text":"equation.","start":7728.57,"end":7729.21}]},{"text":"We also have to foster better governance, stronger 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are not abstract concerns.","start":7885.73,"end":7887.57,"topics":[],"words":[{"text":"These","start":7885.73,"end":7886.01},{"text":"are","start":7886.01,"end":7886.09},{"text":"not","start":7886.09,"end":7886.37},{"text":"abstract","start":7886.37,"end":7886.77},{"text":"concerns.","start":7886.77,"end":7887.57}]},{"text":"They are the daily reality of struggling millions.","start":7887.97,"end":7890.69,"topics":[],"words":[{"text":"They","start":7887.97,"end":7888.09},{"text":"are","start":7888.13,"end":7888.21},{"text":"the","start":7888.21,"end":7888.33},{"text":"daily","start":7888.33,"end":7888.69},{"text":"reality","start":7888.69,"end":7889.33},{"text":"of","start":7889.45,"end":7889.53},{"text":"struggling","start":7889.53,"end":7890.01},{"text":"millions.","start":7890.01,"end":7890.69}]},{"text":"Excellencies, as we gather here as representatives of our nations, the challenge I speak about are not merely those of 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is a global one.","start":7898.81,"end":7900.37,"topics":[],"words":[{"text":"It","start":7898.81,"end":7898.93},{"text":"is","start":7899.33,"end":7899.65},{"text":"a","start":7899.65,"end":7899.73},{"text":"global","start":7899.73,"end":7900.13},{"text":"one.","start":7900.13,"end":7900.37}]},{"text":"When Africa suffers, the world suffers.","start":7900.89,"end":7903.17,"topics":[],"words":[{"text":"When","start":7900.89,"end":7901.17},{"text":"Africa","start":7901.17,"end":7901.57},{"text":"suffers,","start":7901.57,"end":7902.05},{"text":"the","start":7902.13,"end":7902.25},{"text":"world","start":7902.25,"end":7902.49},{"text":"suffers.","start":7902.49,"end":7903.17}]},{"text":"When the developing world falters, global prosperity 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progress.","start":7907.97,"end":7914.61,"topics":[],"words":[{"text":"The","start":7907.97,"end":7908.13},{"text":"hope","start":7908.13,"end":7908.33},{"text":"for","start":7908.37,"end":7908.53},{"text":"a","start":7908.53,"end":7908.57},{"text":"future","start":7908.57,"end":7909.01},{"text":"where","start":7909.01,"end":7909.17},{"text":"no","start":7909.17,"end":7909.37},{"text":"one","start":7909.37,"end":7909.57},{"text":"is","start":7909.57,"end":7909.65},{"text":"left","start":7909.65,"end":7909.89},{"text":"behind","start":7909.89,"end":7910.53},{"text":"should","start":7910.85,"end":7911.13},{"text":"galvanize","start":7911.13,"end":7911.81},{"text":"our","start":7912.13,"end":7912.37},{"text":"common","start":7912.37,"end":7912.69},{"text":"aspiration","start":7912.69,"end":7913.17},{"text":"for","start":7913.17,"end":7913.33},{"text":"justice","start":7913.33,"end":7913.81},{"text":"and","start":7913.81,"end":7913.93},{"text":"progress.","start":7913.93,"end":7914.61}]},{"text":"On the part of Africa, our vision is for a framework where development financing is a priority, not an afterthought, and where true global partnership sees Africa not as a recipient of aid, but as a key driver of humanity's collective future.","start":7916.69,"end":7930.29,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. 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I conclude, I hope that we all work to make FFD4 a meeting that writes the future.","start":8015.01,"end":8020.69,"topics":[],"words":[{"text":"As","start":8015.01,"end":8015.17},{"text":"I","start":8015.17,"end":8015.21},{"text":"conclude,","start":8015.21,"end":8015.81},{"text":"I","start":8015.97,"end":8016.09},{"text":"hope","start":8016.09,"end":8016.21},{"text":"that","start":8016.21,"end":8016.37},{"text":"we","start":8016.37,"end":8016.53},{"text":"all","start":8016.53,"end":8016.69},{"text":"work","start":8016.69,"end":8017.01},{"text":"to","start":8017.01,"end":8017.17},{"text":"make","start":8017.17,"end":8017.49},{"text":"FFD4","start":8017.49,"end":8018.53},{"text":"a","start":8018.93,"end":8018.97},{"text":"meeting","start":8018.97,"end":8019.37},{"text":"that","start":8019.37,"end":8019.57},{"text":"writes","start":8019.57,"end":8020.05},{"text":"the","start":8020.05,"end":8020.21},{"text":"future.","start":8020.21,"end":8020.69}]}]},{"sentences":[{"text":"I thank you 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Excellencies, dear colleagues, first, France aligns itself with the statement delivered by the European Union.","start":8040.73,"end":8046.93,"topics":[],"words":[{"text":"Ministers,","start":8040.73,"end":8041.33},{"text":"Excellencies,","start":8041.33,"end":8042.05},{"text":"dear","start":8042.05,"end":8042.29},{"text":"colleagues,","start":8042.29,"end":8042.85},{"text":"first,","start":8042.85,"end":8043.49},{"text":"France","start":8043.57,"end":8043.97},{"text":"aligns","start":8043.97,"end":8044.29},{"text":"itself","start":8044.29,"end":8044.57},{"text":"with","start":8044.57,"end":8044.69},{"text":"the","start":8044.69,"end":8044.77},{"text":"statement","start":8044.77,"end":8045.13},{"text":"delivered","start":8045.13,"end":8045.45},{"text":"by","start":8045.45,"end":8045.53},{"text":"the","start":8045.53,"end":8045.65},{"text":"European","start":8045.65,"end":8046.29},{"text":"Union.","start":8046.29,"end":8046.93}]},{"text":"The fourth international conference on financing for development will be a moment upon which the future of financial development architecture will turn.","start":8047.49,"end":8057.09,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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would like to emphasize four points here which are essential and which should permeate the negotiations for the upcoming framework on financing for 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This framework needs to allow for a crystallization of the commitments undertaken in the context of the pact for the 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Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"I'm","start":8141.77,"end":8142.01},{"text":"thinking","start":8142.01,"end":8142.41},{"text":"of","start":8142.69,"end":8142.89},{"text":"the","start":8142.97,"end":8143.09},{"text":"establishment","start":8143.09,"end":8143.81},{"text":"of","start":8143.81,"end":8143.93},{"text":"debt","start":8143.93,"end":8144.17},{"text":"service","start":8144.17,"end":8144.93},{"text":"suspension","start":8144.93,"end":8145.69},{"text":"clauses","start":8145.69,"end":8146.33},{"text":"in","start":8146.33,"end":8146.49},{"text":"the","start":8146.49,"end":8146.57},{"text":"event","start":8146.57,"end":8146.97},{"text":"of","start":8147.01,"end":8147.21},{"text":"climate","start":8147.21,"end":8147.73},{"text":"disasters,","start":8147.73,"end":8148.49},{"text":"which","start":8148.49,"end":8148.73},{"text":"we","start":8148.73,"end":8148.89},{"text":"have","start":8148.89,"end":8149.13},{"text":"implemented.","start":8149.13,"end":8149.85}]},{"text":"I'm also thinking of instruments for guarantees and other risk mitigation tools.","start":8150.49,"end":8158.45,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"I'm","start":8150.49,"end":8150.73},{"text":"also","start":8150.73,"end":8151.05},{"text":"thinking","start":8151.05,"end":8151.53},{"text":"of","start":8151.53,"end":8151.85},{"text":"instruments","start":8152.45,"end":8153.17},{"text":"for","start":8154.37,"end":8154.85},{"text":"guarantees","start":8155.01,"end":8155.89},{"text":"and","start":8156.13,"end":8156.45},{"text":"other","start":8156.45,"end":8156.89},{"text":"risk","start":8156.89,"end":8157.25},{"text":"mitigation","start":8157.25,"end":8157.89},{"text":"tools.","start":8157.89,"end":8158.45}]},{"text":"We need to improve existing tools and support adapted solutions in every context.","start":8158.69,"end":8168.29,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"We","start":8158.69,"end":8159.09},{"text":"need","start":8159.09,"end":8159.57},{"text":"to","start":8159.57,"end":8160.05},{"text":"improve","start":8162.13,"end":8162.69},{"text":"existing","start":8162.77,"end":8163.49},{"text":"tools","start":8163.49,"end":8164.13},{"text":"and","start":8164.13,"end":8164.61},{"text":"support","start":8165.01,"end":8165.89},{"text":"adapted","start":8166.05,"end":8166.61},{"text":"solutions","start":8166.61,"end":8167.21},{"text":"in","start":8167.21,"end":8167.29},{"text":"every","start":8167.29,"end":8167.49},{"text":"context.","start":8167.49,"end":8168.29}]},{"text":"My third point is financing for development is a financial issue.","start":8168.45,"end":8172.29,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"My","start":8168.45,"end":8168.69},{"text":"third","start":8168.69,"end":8169.01},{"text":"point","start":8169.01,"end":8169.33},{"text":"is","start":8169.33,"end":8169.57},{"text":"financing","start":8169.57,"end":8170.05},{"text":"for","start":8170.05,"end":8170.37},{"text":"development","start":8170.37,"end":8171.09},{"text":"is","start":8171.09,"end":8171.37},{"text":"a","start":8171.37,"end":8171.41},{"text":"financial","start":8171.41,"end":8171.89},{"text":"issue.","start":8171.89,"end":8172.29}]},{"text":"Only by combining financing sources, both public and private, domestic and international, can we respond to the challenges facing developing economies, especially LDCs and the most vulnerable countries.","start":8172.29,"end":8185.25,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Only","start":8172.29,"end":8172.53},{"text":"by","start":8172.53,"end":8172.61},{"text":"combining","start":8172.61,"end":8174.13},{"text":"financing","start":8174.13,"end":8174.61},{"text":"sources,","start":8174.61,"end":8175.01},{"text":"both","start":8175.01,"end":8175.17},{"text":"public","start":8175.17,"end":8175.53},{"text":"and","start":8175.53,"end":8175.65},{"text":"private,","start":8175.65,"end":8176.05},{"text":"domestic","start":8176.05,"end":8176.53},{"text":"and","start":8176.53,"end":8176.69},{"text":"international,","start":8176.69,"end":8177.41},{"text":"can","start":8177.97,"end":8178.21},{"text":"we","start":8178.21,"end":8178.29},{"text":"respond","start":8178.29,"end":8178.85},{"text":"to","start":8178.85,"end":8178.93},{"text":"the","start":8178.93,"end":8179.05},{"text":"challenges","start":8179.05,"end":8179.57},{"text":"facing","start":8179.57,"end":8180.29},{"text":"developing","start":8180.53,"end":8181.09},{"text":"economies,","start":8181.09,"end":8182.05},{"text":"especially","start":8182.33,"end":8182.77},{"text":"LDCs","start":8182.93,"end":8183.73},{"text":"and","start":8183.73,"end":8183.85},{"text":"the","start":8183.85,"end":8183.93},{"text":"most","start":8183.93,"end":8184.17},{"text":"vulnerable","start":8184.17,"end":8184.57},{"text":"countries.","start":8184.57,"end":8185.25}]},{"text":"In this regard, we are 100% committed to the French Agency for Development is the first bank, development bank to commit 100% in alignment with the Paris Agreement while continuing its action to eradicate poverty.","start":8186.13,"end":8202.85,"topics":[],"words":[{"text":"In","start":8186.13,"end":8186.45},{"text":"this","start":8186.45,"end":8186.93},{"text":"regard,","start":8188.17,"end":8188.69},{"text":"we","start":8188.69,"end":8188.93},{"text":"are","start":8188.93,"end":8189.81},{"text":"100%","start":8190.29,"end":8190.33},{"text":"committed","start":8190.37,"end":8191.41},{"text":"to","start":8192.45,"end":8192.77},{"text":"the","start":8192.77,"end":8193.21},{"text":"French","start":8193.21,"end":8193.49},{"text":"Agency","start":8193.49,"end":8194.09},{"text":"for","start":8194.09,"end":8194.29},{"text":"Development","start":8194.29,"end":8194.85},{"text":"is","start":8194.85,"end":8195.01},{"text":"the","start":8195.01,"end":8195.09},{"text":"first","start":8195.09,"end":8195.57},{"text":"bank,","start":8195.57,"end":8195.97},{"text":"development","start":8195.97,"end":8196.45},{"text":"bank","start":8196.45,"end":8196.61},{"text":"to","start":8196.61,"end":8196.73},{"text":"commit","start":8196.73,"end":8197.73},{"text":"100%","start":8197.73,"end":8197.77},{"text":"in","start":8197.77,"end":8197.93},{"text":"alignment","start":8197.93,"end":8198.29},{"text":"with","start":8198.29,"end":8198.49},{"text":"the","start":8198.49,"end":8198.57},{"text":"Paris","start":8198.85,"end":8199.21},{"text":"Agreement","start":8199.21,"end":8199.61},{"text":"while","start":8199.61,"end":8199.77},{"text":"continuing","start":8199.77,"end":8200.61},{"text":"its","start":8200.69,"end":8201.17},{"text":"action","start":8201.17,"end":8201.57},{"text":"to","start":8201.57,"end":8201.69},{"text":"eradicate","start":8201.69,"end":8202.21},{"text":"poverty.","start":8202.29,"end":8202.85}]},{"text":"We need to address tax matters, debt, and development cooperation.","start":8205.73,"end":8214.45,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."},{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."},{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"We","start":8205.73,"end":8206.29},{"text":"need","start":8206.85,"end":8207.17},{"text":"to","start":8207.17,"end":8207.49},{"text":"address","start":8207.61,"end":8208.21},{"text":"tax","start":8209.09,"end":8209.57},{"text":"matters,","start":8209.57,"end":8210.29},{"text":"debt,","start":8210.45,"end":8210.85},{"text":"and","start":8211.17,"end":8211.73},{"text":"development","start":8212.13,"end":8213.37},{"text":"cooperation.","start":8213.37,"end":8214.45}]},{"text":"And we need to support those organizations that already work.","start":8215.09,"end":8218.93,"topics":[],"words":[{"text":"And","start":8215.09,"end":8215.49},{"text":"we","start":8215.57,"end":8215.89},{"text":"need","start":8215.89,"end":8216.05},{"text":"to","start":8216.05,"end":8216.13},{"text":"support","start":8216.13,"end":8216.93},{"text":"those","start":8217.09,"end":8217.45},{"text":"organizations","start":8217.45,"end":8218.01},{"text":"that","start":8218.01,"end":8218.13},{"text":"already","start":8218.13,"end":8218.45},{"text":"work.","start":8218.45,"end":8218.93}]},{"text":"We need to make them more effective.","start":8218.93,"end":8220.45,"topics":[],"words":[{"text":"We","start":8218.93,"end":8219.01},{"text":"need","start":8219.01,"end":8219.13},{"text":"to","start":8219.13,"end":8219.21},{"text":"make","start":8219.21,"end":8219.33},{"text":"them","start":8219.33,"end":8219.45},{"text":"more","start":8219.45,"end":8219.61},{"text":"effective.","start":8219.61,"end":8220.45}]},{"text":"And we need to tailor them to fit the modern world.","start":8221.25,"end":8225.01,"topics":[],"words":[{"text":"And","start":8221.25,"end":8221.73},{"text":"we","start":8222.45,"end":8222.57},{"text":"need","start":8222.57,"end":8222.77},{"text":"to","start":8222.77,"end":8223.01},{"text":"tailor","start":8223.01,"end":8223.65},{"text":"them","start":8223.65,"end":8223.77},{"text":"to","start":8223.77,"end":8223.89},{"text":"fit","start":8223.89,"end":8224.01},{"text":"the","start":8224.01,"end":8224.13},{"text":"modern","start":8224.13,"end":8224.53},{"text":"world.","start":8224.53,"end":8225.01}]},{"text":"We want for the preparation for the forest conference-- microphone has been cut 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Permanent Representative of France and now give the floor to the distinguished representative of Monaco.","start":8232.81,"end":8239.53,"topics":[],"words":[{"text":"I","start":8232.81,"end":8232.82},{"text":"thank","start":8232.81,"end":8233.13},{"text":"the","start":8233.13,"end":8233.37},{"text":"Deputy","start":8233.37,"end":8233.85},{"text":"Permanent","start":8233.85,"end":8234.25},{"text":"Representative","start":8234.25,"end":8234.85},{"text":"of","start":8234.85,"end":8235.05},{"text":"France","start":8235.05,"end":8235.61},{"text":"and","start":8235.61,"end":8235.89},{"text":"now","start":8235.89,"end":8236.17},{"text":"give","start":8236.17,"end":8236.33},{"text":"the","start":8236.33,"end":8236.49},{"text":"floor","start":8236.49,"end":8236.81},{"text":"to","start":8236.81,"end":8237.01},{"text":"the","start":8237.01,"end":8237.13},{"text":"distinguished","start":8237.13,"end":8237.77},{"text":"representative","start":8237.77,"end":8238.65},{"text":"of","start":8238.69,"end":8238.89},{"text":"Monaco.","start":8238.89,"end":8239.53}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}},{"statement_number":70,"start":8244.17,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=8245","paragraphs":[{"sentences":[{"text":"Thank you, Chair.","start":8244.17,"end":8245.37,"topics":[],"words":[{"text":"Thank","start":8244.17,"end":8244.49},{"text":"you,","start":8244.49,"end":8244.73},{"text":"Chair.","start":8244.89,"end":8245.37}]},{"text":"Six years until the end of the Agenda 2030 for sustainable development, this is an important opportunity to make the necessary adjustments.","start":8246.97,"end":8255.85,"topics":[],"words":[{"text":"Six","start":8246.97,"end":8247.29},{"text":"years","start":8247.29,"end":8247.57},{"text":"until","start":8247.57,"end":8248.33},{"text":"the","start":8248.57,"end":8248.73},{"text":"end","start":8248.81,"end":8249.09},{"text":"of","start":8249.09,"end":8249.17},{"text":"the","start":8249.17,"end":8249.25},{"text":"Agenda","start":8249.25,"end":8249.69},{"text":"2030","start":8249.69,"end":8250.69},{"text":"for","start":8250.69,"end":8251.13},{"text":"sustainable","start":8251.13,"end":8251.77},{"text":"development,","start":8251.77,"end":8252.29},{"text":"this","start":8252.29,"end":8252.49},{"text":"is","start":8252.49,"end":8252.61},{"text":"an","start":8252.61,"end":8252.73},{"text":"important","start":8252.73,"end":8253.25},{"text":"opportunity","start":8253.25,"end":8254.01},{"text":"to","start":8254.01,"end":8254.25},{"text":"make","start":8254.25,"end":8254.49},{"text":"the","start":8254.49,"end":8254.61},{"text":"necessary","start":8254.61,"end":8255.21},{"text":"adjustments.","start":8255.21,"end":8255.85}]},{"text":"If the Addis Ababa Action Agenda is essential, We need a financial architecture which is well adapted to the 21st century.","start":8256.41,"end":8269.05,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"If","start":8256.41,"end":8256.57},{"text":"the","start":8256.57,"end":8256.69},{"text":"Addis","start":8257.33,"end":8257.65},{"text":"Ababa","start":8257.65,"end":8258.25},{"text":"Action","start":8258.81,"end":8259.21},{"text":"Agenda","start":8259.21,"end":8259.81},{"text":"is","start":8260.33,"end":8260.65},{"text":"essential,","start":8260.73,"end":8261.69},{"text":"We","start":8263.05,"end":8263.37},{"text":"need","start":8263.37,"end":8264.05},{"text":"a","start":8264.05,"end":8264.09},{"text":"financial","start":8265.05,"end":8265.61},{"text":"architecture","start":8265.61,"end":8266.25},{"text":"which","start":8266.25,"end":8266.49},{"text":"is","start":8266.49,"end":8266.65},{"text":"well","start":8266.65,"end":8266.89},{"text":"adapted","start":8266.89,"end":8267.41},{"text":"to","start":8267.41,"end":8267.53},{"text":"the","start":8267.53,"end":8267.69},{"text":"21st","start":8267.69,"end":8268.21},{"text":"century.","start":8268.21,"end":8269.05}]},{"text":"No country can by itself face the current challenges.","start":8269.85,"end":8275.53,"topics":[],"words":[{"text":"No","start":8269.85,"end":8270.09},{"text":"country","start":8270.09,"end":8270.45},{"text":"can","start":8270.45,"end":8270.73},{"text":"by","start":8270.73,"end":8270.97},{"text":"itself","start":8270.97,"end":8271.85},{"text":"face","start":8273.77,"end":8274.17},{"text":"the","start":8274.33,"end":8274.41},{"text":"current","start":8274.41,"end":8274.81},{"text":"challenges.","start":8274.81,"end":8275.53}]},{"text":"Cooperation is needed in all areas.","start":8275.69,"end":8278.25,"topics":[],"words":[{"text":"Cooperation","start":8275.69,"end":8276.49},{"text":"is","start":8276.49,"end":8276.65},{"text":"needed","start":8276.65,"end":8277.09},{"text":"in","start":8277.09,"end":8277.29},{"text":"all","start":8277.33,"end":8277.61},{"text":"areas.","start":8277.61,"end":8278.25}]},{"text":"Thus, a renewed financing global framework decided collectively is important to face poverty, hunger, gender equality, the empowerment of women and girls, et cetera.","start":8278.73,"end":8295.57,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Chair.","start":8444.33,"end":8445.29,"topics":[],"words":[{"text":"Thank","start":8444.33,"end":8444.57},{"text":"you,","start":8444.57,"end":8444.65},{"text":"Mr.","start":8444.65,"end":8445.17},{"text":"Chair.","start":8445.17,"end":8445.29}]},{"text":"Denmark aligns with the statement delivered by the EU earlier today.","start":8446.37,"end":8449.85,"topics":[],"words":[{"text":"Denmark","start":8446.37,"end":8446.73},{"text":"aligns","start":8446.73,"end":8447.13},{"text":"with","start":8447.13,"end":8447.29},{"text":"the","start":8447.29,"end":8447.37},{"text":"statement","start":8447.37,"end":8447.97},{"text":"delivered","start":8447.97,"end":8448.41},{"text":"by","start":8448.41,"end":8448.65},{"text":"the","start":8448.65,"end":8448.73},{"text":"EU","start":8448.73,"end":8449.09},{"text":"earlier","start":8449.09,"end":8449.45},{"text":"today.","start":8449.45,"end":8449.85}]},{"text":"Let me start by thanking the co-facilitators for a well-written elements paper.","start":8450.65,"end":8455.29,"topics":[],"words":[{"text":"Let","start":8450.65,"end":8450.89},{"text":"me","start":8450.89,"end":8451.05},{"text":"start","start":8451.05,"end":8451.37},{"text":"by","start":8451.37,"end":8451.53},{"text":"thanking","start":8451.53,"end":8451.97},{"text":"the","start":8451.97,"end":8452.05},{"text":"co-facilitators","start":8452.05,"end":8453.13},{"text":"for","start":8453.13,"end":8453.45},{"text":"a","start":8453.61,"end":8453.65},{"text":"well-written","start":8453.65,"end":8454.33},{"text":"elements","start":8454.33,"end":8454.89},{"text":"paper.","start":8454.89,"end":8455.29}]},{"text":"It is a very good starting point for our discussions, especially as it includes tangible and implementable solutions.","start":8456.05,"end":8463.93,"topics":[],"words":[{"text":"It","start":8456.05,"end":8456.17},{"text":"is","start":8456.17,"end":8456.33},{"text":"a","start":8456.33,"end":8456.37},{"text":"very","start":8456.37,"end":8456.65},{"text":"good","start":8456.65,"end":8456.81},{"text":"starting","start":8456.81,"end":8457.21},{"text":"point","start":8457.21,"end":8457.53},{"text":"for","start":8457.53,"end":8457.73},{"text":"our","start":8457.73,"end":8457.81},{"text":"discussions,","start":8457.81,"end":8458.65},{"text":"especially","start":8458.93,"end":8459.53},{"text":"as","start":8459.69,"end":8459.89},{"text":"it","start":8459.89,"end":8460.01},{"text":"includes","start":8460.01,"end":8460.49},{"text":"tangible","start":8460.49,"end":8461.05},{"text":"and","start":8461.33,"end":8461.53},{"text":"implementable","start":8461.53,"end":8462.25},{"text":"solutions.","start":8463.13,"end":8463.93}]},{"text":"Building on the momentum of the Pact for the Future, we now have to deliver results as we prepare for and convene at the fourth conference on financing for development in Seville next year.","start":8464.77,"end":8476.29,"topics":[],"words":[{"text":"Building","start":8464.77,"end":8465.09},{"text":"on","start":8465.09,"end":8465.25},{"text":"the","start":8465.25,"end":8465.33},{"text":"momentum","start":8465.33,"end":8465.97},{"text":"of","start":8466.13,"end":8466.33},{"text":"the","start":8466.33,"end":8466.45},{"text":"Pact","start":8466.45,"end":8466.73},{"text":"for","start":8466.73,"end":8466.85},{"text":"the","start":8466.85,"end":8466.97},{"text":"Future,","start":8466.97,"end":8467.57},{"text":"we","start":8467.97,"end":8468.17},{"text":"now","start":8468.17,"end":8468.37},{"text":"have","start":8468.37,"end":8468.61},{"text":"to","start":8468.61,"end":8468.73},{"text":"deliver","start":8468.77,"end":8469.17},{"text":"results","start":8469.17,"end":8469.89},{"text":"as","start":8469.97,"end":8470.13},{"text":"we","start":8470.13,"end":8470.29},{"text":"prepare","start":8470.29,"end":8470.73},{"text":"for","start":8470.73,"end":8471.17},{"text":"and","start":8471.17,"end":8471.41},{"text":"convene","start":8471.41,"end":8472.05},{"text":"at","start":8472.05,"end":8472.29},{"text":"the","start":8472.29,"end":8472.45},{"text":"fourth","start":8472.45,"end":8472.85},{"text":"conference","start":8472.85,"end":8473.49},{"text":"on","start":8473.49,"end":8473.65},{"text":"financing","start":8473.65,"end":8474.21},{"text":"for","start":8474.21,"end":8474.33},{"text":"development","start":8474.33,"end":8474.85},{"text":"in","start":8474.85,"end":8475.01},{"text":"Seville","start":8475.01,"end":8475.41},{"text":"next","start":8475.73,"end":8476.05},{"text":"year.","start":8476.05,"end":8476.29}]},{"text":"I will focus on three issues that are of particular importance to Denmark.","start":8476.93,"end":8481.25,"topics":[],"words":[{"text":"I","start":8476.93,"end":8477.17},{"text":"will","start":8477.17,"end":8477.41},{"text":"focus","start":8477.41,"end":8477.81},{"text":"on","start":8477.81,"end":8477.97},{"text":"three","start":8477.97,"end":8478.41},{"text":"issues","start":8478.41,"end":8478.77},{"text":"that","start":8478.77,"end":8479.01},{"text":"are","start":8479.01,"end":8479.13},{"text":"of","start":8479.13,"end":8479.21},{"text":"particular","start":8479.21,"end":8479.89},{"text":"importance","start":8479.97,"end":8480.65},{"text":"to","start":8480.65,"end":8480.77},{"text":"Denmark.","start":8480.77,"end":8481.25}]},{"text":"First point, we will all need to do our part in order to deliver the financing needed.","start":8481.73,"end":8487.97,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"First","start":8481.73,"end":8482.05},{"text":"point,","start":8482.05,"end":8482.53},{"text":"we","start":8483.09,"end":8483.33},{"text":"will","start":8483.33,"end":8483.49},{"text":"all","start":8483.49,"end":8483.65},{"text":"need","start":8483.65,"end":8483.93},{"text":"to","start":8483.93,"end":8484.33},{"text":"do","start":8484.33,"end":8484.61},{"text":"our","start":8484.61,"end":8484.77},{"text":"part","start":8484.85,"end":8485.33},{"text":"in","start":8485.33,"end":8485.57},{"text":"order","start":8485.57,"end":8485.81},{"text":"to","start":8485.81,"end":8485.97},{"text":"deliver","start":8485.97,"end":8486.41},{"text":"the","start":8486.41,"end":8486.53},{"text":"financing","start":8486.53,"end":8487.33},{"text":"needed.","start":8487.49,"end":8487.97}]},{"text":"For more than 40 years, Denmark has met the UN target of providing at least 0.7% of our DNI in ODA as part of a much too small group of countries.","start":8488.81,"end":8500.81,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"For","start":8488.81,"end":8488.89},{"text":"more","start":8488.89,"end":8489.13},{"text":"than","start":8489.13,"end":8489.29},{"text":"40","start":8489.29,"end":8489.77},{"text":"years,","start":8489.77,"end":8490.33},{"text":"Denmark","start":8490.41,"end":8490.89},{"text":"has","start":8490.89,"end":8491.13},{"text":"met","start":8491.13,"end":8491.37},{"text":"the","start":8491.37,"end":8491.49},{"text":"UN","start":8491.53,"end":8491.93},{"text":"target","start":8491.93,"end":8492.41},{"text":"of","start":8492.97,"end":8493.05},{"text":"providing","start":8493.05,"end":8493.69},{"text":"at","start":8493.69,"end":8493.89},{"text":"least","start":8493.89,"end":8495.45},{"text":"0.7%","start":8495.45,"end":8495.49},{"text":"of","start":8495.49,"end":8495.61},{"text":"our","start":8495.61,"end":8495.81},{"text":"DNI","start":8495.81,"end":8496.57},{"text":"in","start":8496.65,"end":8496.89},{"text":"ODA","start":8496.89,"end":8497.21},{"text":"as","start":8498.09,"end":8498.25},{"text":"part","start":8498.25,"end":8498.65},{"text":"of","start":8498.65,"end":8498.81},{"text":"a","start":8498.81,"end":8498.89},{"text":"much","start":8498.89,"end":8499.09},{"text":"too","start":8499.09,"end":8499.53},{"text":"small","start":8499.53,"end":8499.85},{"text":"group","start":8499.85,"end":8500.09},{"text":"of","start":8500.09,"end":8500.17},{"text":"countries.","start":8500.17,"end":8500.81}]},{"text":"We hope others will join.","start":8501.05,"end":8502.57,"topics":[],"words":[{"text":"We","start":8501.05,"end":8501.21},{"text":"hope","start":8501.21,"end":8501.45},{"text":"others","start":8501.53,"end":8501.93},{"text":"will","start":8501.93,"end":8502.17},{"text":"join.","start":8502.17,"end":8502.57}]},{"text":"As a very concrete deliverable on the Pact for the Future, Denmark has announced our intention to increase our contribution to IDA with 40%.","start":8503.65,"end":8515.93,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"As","start":8503.65,"end":8503.77},{"text":"a","start":8503.77,"end":8503.81},{"text":"very","start":8503.81,"end":8504.09},{"text":"concrete","start":8504.09,"end":8504.53},{"text":"deliverable","start":8504.53,"end":8505.05},{"text":"on","start":8505.13,"end":8505.29},{"text":"the","start":8505.29,"end":8505.37},{"text":"Pact","start":8505.37,"end":8505.61},{"text":"for","start":8505.61,"end":8505.77},{"text":"the","start":8505.77,"end":8505.85},{"text":"Future,","start":8505.85,"end":8506.41},{"text":"Denmark","start":8507.45,"end":8507.93},{"text":"has","start":8507.93,"end":8508.09},{"text":"announced","start":8508.09,"end":8508.69},{"text":"our","start":8508.69,"end":8508.81},{"text":"intention","start":8508.81,"end":8509.45},{"text":"to","start":8509.45,"end":8509.61},{"text":"increase","start":8509.61,"end":8510.25},{"text":"our","start":8510.25,"end":8510.49},{"text":"contribution","start":8510.49,"end":8511.29},{"text":"to","start":8511.29,"end":8511.45},{"text":"IDA","start":8511.45,"end":8512.97},{"text":"with","start":8515.25,"end":8515.41},{"text":"40%.","start":8515.89,"end":8515.93}]},{"text":"GS are reforming to deliver more financing for climate and development.","start":8516.01,"end":8520.85,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"GS","start":8516.01,"end":8516.45},{"text":"are","start":8516.45,"end":8516.73},{"text":"reforming","start":8516.73,"end":8517.33},{"text":"to","start":8517.33,"end":8517.45},{"text":"deliver","start":8517.45,"end":8517.89},{"text":"more","start":8517.89,"end":8518.17},{"text":"financing","start":8518.17,"end":8518.85},{"text":"for","start":8518.85,"end":8519.01},{"text":"climate","start":8519.01,"end":8519.65},{"text":"and","start":8519.89,"end":8520.25},{"text":"development.","start":8520.25,"end":8520.85}]},{"text":"They have come a long way, but there is still work to be done in terms of implementing the CAF recommendations.","start":8521.17,"end":8527.65,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"They","start":8521.17,"end":8521.29},{"text":"have","start":8521.29,"end":8521.41},{"text":"come","start":8521.41,"end":8521.65},{"text":"a","start":8521.65,"end":8521.69},{"text":"long","start":8521.69,"end":8521.89},{"text":"way,","start":8521.89,"end":8522.21},{"text":"but","start":8522.85,"end":8522.97},{"text":"there","start":8522.97,"end":8523.17},{"text":"is","start":8523.17,"end":8523.29},{"text":"still","start":8523.29,"end":8523.57},{"text":"work","start":8523.57,"end":8523.85},{"text":"to","start":8523.85,"end":8524.01},{"text":"be","start":8524.01,"end":8524.13},{"text":"done","start":8524.13,"end":8524.53},{"text":"in","start":8524.53,"end":8524.77},{"text":"terms","start":8524.77,"end":8525.13},{"text":"of","start":8525.13,"end":8525.25},{"text":"implementing","start":8525.25,"end":8525.89},{"text":"the","start":8525.89,"end":8525.97},{"text":"CAF","start":8525.97,"end":8526.45},{"text":"recommendations.","start":8526.61,"end":8527.65}]},{"text":"Developing countries also need to deliver and mobilise domestic resources through fair and progressive taxation.","start":8528.45,"end":8535.97,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Developing","start":8528.45,"end":8528.93},{"text":"countries","start":8528.93,"end":8529.57},{"text":"also","start":8529.81,"end":8530.05},{"text":"need","start":8530.05,"end":8530.29},{"text":"to","start":8530.29,"end":8530.45},{"text":"deliver","start":8530.45,"end":8530.93},{"text":"and","start":8530.93,"end":8531.17},{"text":"mobilise","start":8531.17,"end":8531.73},{"text":"domestic","start":8531.73,"end":8532.21},{"text":"resources","start":8532.21,"end":8533.09},{"text":"through","start":8533.33,"end":8533.65},{"text":"fair","start":8533.65,"end":8533.81},{"text":"and","start":8533.81,"end":8534.21},{"text":"progressive","start":8534.21,"end":8534.93},{"text":"taxation.","start":8535.25,"end":8535.97}]},{"text":"Second point, we need to deliver on private capital mobilisation.","start":8536.69,"end":8542.05,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Second","start":8536.69,"end":8537.17},{"text":"point,","start":8537.17,"end":8537.57},{"text":"we","start":8538.53,"end":8538.69},{"text":"need","start":8538.69,"end":8538.97},{"text":"to","start":8538.97,"end":8539.09},{"text":"deliver","start":8539.09,"end":8539.61},{"text":"on","start":8539.61,"end":8539.81},{"text":"private","start":8539.81,"end":8540.37},{"text":"capital","start":8540.45,"end":8541.09},{"text":"mobilisation.","start":8541.09,"end":8542.05}]},{"text":"We have discussed this for years, but not yet delivered.","start":8542.77,"end":8545.93,"topics":[],"words":[{"text":"We","start":8542.77,"end":8542.97},{"text":"have","start":8542.97,"end":8543.13},{"text":"discussed","start":8543.13,"end":8543.61},{"text":"this","start":8543.61,"end":8543.81},{"text":"for","start":8543.81,"end":8543.97},{"text":"years,","start":8543.97,"end":8544.45},{"text":"but","start":8544.93,"end":8545.05},{"text":"not","start":8545.05,"end":8545.29},{"text":"yet","start":8545.29,"end":8545.49},{"text":"delivered.","start":8545.49,"end":8545.93}]},{"text":"Denmark would suggest to focus on building local capital markets and help mitigate the foreign exchange risks which are associated with investments to increase the incentives for private capital to flow to LDC markets.","start":8547.21,"end":8561.93,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Denmark","start":8547.21,"end":8547.61},{"text":"would","start":8547.61,"end":8547.77},{"text":"suggest","start":8547.77,"end":8548.33},{"text":"to","start":8548.41,"end":8548.61},{"text":"focus","start":8548.61,"end":8549.05},{"text":"on","start":8549.05,"end":8549.29},{"text":"building","start":8549.29,"end":8549.77},{"text":"local","start":8549.77,"end":8550.17},{"text":"capital","start":8550.17,"end":8550.65},{"text":"markets","start":8550.65,"end":8551.21},{"text":"and","start":8551.37,"end":8551.53},{"text":"help","start":8551.53,"end":8551.77},{"text":"mitigate","start":8551.77,"end":8552.41},{"text":"the","start":8552.57,"end":8552.73},{"text":"foreign","start":8552.73,"end":8553.05},{"text":"exchange","start":8553.05,"end":8553.53},{"text":"risks","start":8553.53,"end":8554.09},{"text":"which","start":8554.57,"end":8554.81},{"text":"are","start":8554.81,"end":8554.93},{"text":"associated","start":8554.93,"end":8555.69},{"text":"with","start":8555.93,"end":8556.21},{"text":"investments","start":8556.21,"end":8557.05},{"text":"to","start":8557.21,"end":8557.41},{"text":"increase","start":8557.41,"end":8557.93},{"text":"the","start":8557.93,"end":8558.05},{"text":"incentives","start":8558.05,"end":8558.81},{"text":"for","start":8558.81,"end":8558.97},{"text":"private","start":8558.97,"end":8559.37},{"text":"capital","start":8559.37,"end":8559.93},{"text":"to","start":8560.25,"end":8560.41},{"text":"flow","start":8560.41,"end":8560.65},{"text":"to","start":8560.65,"end":8560.85},{"text":"LDC","start":8560.85,"end":8561.33},{"text":"markets.","start":8561.33,"end":8561.93}]},{"text":"Third, we welcome the specificity of the Elements Paper on solutions and on how to proceed with a path of necessary steps.","start":8563.29,"end":8572.57,"topics":[],"words":[{"text":"Third,","start":8563.29,"end":8563.69},{"text":"we","start":8564.33,"end":8564.49},{"text":"welcome","start":8564.49,"end":8565.05},{"text":"the","start":8565.21,"end":8565.33},{"text":"specificity","start":8565.33,"end":8566.25},{"text":"of","start":8566.41,"end":8566.61},{"text":"the","start":8566.61,"end":8566.69},{"text":"Elements","start":8566.73,"end":8567.13},{"text":"Paper","start":8567.13,"end":8567.53},{"text":"on","start":8567.53,"end":8567.69},{"text":"solutions","start":8567.69,"end":8568.49},{"text":"and","start":8568.97,"end":8569.17},{"text":"on","start":8569.17,"end":8569.29},{"text":"how","start":8569.29,"end":8569.53},{"text":"to","start":8569.53,"end":8569.69},{"text":"proceed","start":8569.69,"end":8570.17},{"text":"with","start":8570.17,"end":8570.41},{"text":"a","start":8570.81,"end":8570.89},{"text":"path","start":8570.89,"end":8571.37},{"text":"of","start":8571.37,"end":8571.45},{"text":"necessary","start":8571.45,"end":8572.09},{"text":"steps.","start":8572.09,"end":8572.57}]},{"text":"We would welcome even more clarity on timelines and on burden sharing.","start":8573.17,"end":8577.37,"topics":[],"words":[{"text":"We","start":8573.17,"end":8573.21},{"text":"would","start":8573.21,"end":8573.53},{"text":"welcome","start":8573.53,"end":8573.93},{"text":"even","start":8574.01,"end":8574.25},{"text":"more","start":8574.25,"end":8574.41},{"text":"clarity","start":8574.41,"end":8575.13},{"text":"on","start":8575.29,"end":8575.45},{"text":"timelines","start":8575.45,"end":8576.33},{"text":"and","start":8576.33,"end":8576.49},{"text":"on","start":8576.49,"end":8576.57},{"text":"burden","start":8576.57,"end":8576.97},{"text":"sharing.","start":8576.97,"end":8577.37}]},{"text":"We encourage all, and especially the UN and international financial institutions, to be bold and work together also with Member States to progress on reform.","start":8577.77,"end":8588.65,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"We","start":8577.77,"end":8577.97},{"text":"encourage","start":8577.97,"end":8578.57},{"text":"all,","start":8578.57,"end":8578.89},{"text":"and","start":8578.89,"end":8579.09},{"text":"especially","start":8579.09,"end":8579.69},{"text":"the","start":8579.69,"end":8579.89},{"text":"UN","start":8579.89,"end":8580.33},{"text":"and","start":8580.65,"end":8580.81},{"text":"international","start":8580.81,"end":8581.33},{"text":"financial","start":8581.33,"end":8581.85},{"text":"institutions,","start":8581.85,"end":8582.73},{"text":"to","start":8583.21,"end":8583.37},{"text":"be","start":8583.37,"end":8583.53},{"text":"bold","start":8583.53,"end":8584.01},{"text":"and","start":8584.49,"end":8584.65},{"text":"work","start":8584.65,"end":8584.93},{"text":"together","start":8584.93,"end":8585.41},{"text":"also","start":8585.41,"end":8585.77},{"text":"with","start":8585.77,"end":8585.97},{"text":"Member","start":8585.97,"end":8586.25},{"text":"States","start":8586.25,"end":8586.73},{"text":"to","start":8587.05,"end":8587.25},{"text":"progress","start":8587.25,"end":8587.85},{"text":"on","start":8587.85,"end":8588.17},{"text":"reform.","start":8588.17,"end":8588.65}]},{"text":"To conclude, Mr. Chair, the international financial architecture must be brought into the 21st century.","start":8589.93,"end":8595.61,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Mr.","start":8625.73,"end":8625.93},{"text":"Chairman,","start":8625.93,"end":8626.49},{"text":"the","start":8627.77,"end":8627.93},{"text":"Fourth","start":8627.93,"end":8628.41},{"text":"International","start":8628.41,"end":8629.01},{"text":"Conference","start":8629.01,"end":8629.53},{"text":"on","start":8629.53,"end":8629.69},{"text":"Financing","start":8629.69,"end":8630.17},{"text":"for","start":8630.17,"end":8630.41},{"text":"Development","start":8630.41,"end":8631.13},{"text":"affords","start":8631.13,"end":8631.77},{"text":"us","start":8631.77,"end":8632.01},{"text":"the","start":8632.01,"end":8632.29},{"text":"opportunity","start":8632.29,"end":8632.81},{"text":"to","start":8632.81,"end":8633.01},{"text":"ensure","start":8633.01,"end":8633.61},{"text":"the","start":8633.85,"end":8634.13},{"text":"requisite","start":8634.25,"end":8634.97},{"text":"support","start":8634.97,"end":8635.85},{"text":"for","start":8635.85,"end":8636.09},{"text":"the","start":8636.09,"end":8636.21},{"text":"needs","start":8636.21,"end":8636.65},{"text":"of","start":8636.65,"end":8636.73},{"text":"developing","start":8636.73,"end":8637.37},{"text":"countries","start":8637.37,"end":8638.17},{"text":"based","start":8639.21,"end":8639.65},{"text":"on","start":8639.65,"end":8639.77},{"text":"the","start":8639.77,"end":8639.93},{"text":"Monterrey","start":8639.93,"end":8640.57},{"text":"Consensus,","start":8640.57,"end":8641.45},{"text":"the","start":8641.45,"end":8641.57},{"text":"Doha","start":8641.61,"end":8642.17},{"text":"Declaration,","start":8642.17,"end":8642.89},{"text":"and","start":8642.89,"end":8643.33},{"text":"the","start":8643.33,"end":8643.41},{"text":"Addis","start":8643.57,"end":8644.01},{"text":"Ababa","start":8644.01,"end":8644.45},{"text":"Action","start":8644.45,"end":8644.97},{"text":"Agenda.","start":8644.97,"end":8645.45}]},{"text":"The upcoming conference should lay the groundwork for providing developing countries with stable and predictable financial flows which foster expedited industrialization, the development of infrastructure, and which bridge the digital divide.","start":8647.65,"end":8663.81,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"The","start":8664.21,"end":8664.33},{"text":"priorities","start":8664.37,"end":8665.09},{"text":"must","start":8665.09,"end":8665.57},{"text":"include","start":8665.57,"end":8666.21},{"text":"capacity","start":8666.21,"end":8666.89},{"text":"building","start":8666.89,"end":8667.25},{"text":"of","start":8667.25,"end":8667.33},{"text":"developing","start":8667.33,"end":8667.81},{"text":"states","start":8667.81,"end":8668.29},{"text":"to","start":8668.29,"end":8668.53},{"text":"mobilize","start":8668.77,"end":8669.37},{"text":"domestic","start":8669.37,"end":8669.81},{"text":"resources.","start":8669.81,"end":8670.53}]},{"text":"including by creating the UN Framework Convention on International Tax Cooperation, and to develop cooperation in stemming illicit financial flows, enhancing transparency of rating agencies.","start":8671.09,"end":8684.97,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. 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Burkina Faso welcomes the sterling work of the co-facilitators in the preparation for this session.","start":9396.13,"end":9404.69,"topics":[],"words":[{"text":"Thank","start":9396.13,"end":9396.45},{"text":"you,","start":9396.45,"end":9396.77},{"text":"Mr.","start":9397.25,"end":9397.57},{"text":"Chair.","start":9397.57,"end":9397.97},{"text":"Burkina","start":9398.29,"end":9398.69},{"text":"Faso","start":9398.69,"end":9399.17},{"text":"welcomes","start":9399.25,"end":9400.05},{"text":"the","start":9400.05,"end":9400.33},{"text":"sterling","start":9400.53,"end":9401.33},{"text":"work","start":9401.33,"end":9401.65},{"text":"of","start":9401.65,"end":9401.73},{"text":"the","start":9401.73,"end":9401.81},{"text":"co-facilitators","start":9401.81,"end":9402.85},{"text":"in","start":9402.85,"end":9402.93},{"text":"the","start":9402.93,"end":9403.01},{"text":"preparation","start":9403.01,"end":9403.65},{"text":"for","start":9403.65,"end":9403.89},{"text":"this","start":9403.89,"end":9404.17},{"text":"session.","start":9404.17,"end":9404.69}]},{"text":"We align ourselves with the statement delivered by the G77 and China, as well as the statement of the LLDCs.","start":9405.17,"end":9413.89,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. 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the IMS reassurances of a soft landing, its projections of a stable yet subdued global growth trajectory of 3.2% in 2025 is ultimately insufficient to meet the targets set by the 2030 agenda for sustainable 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we imagine the global financial ecosystem to be a vast reservoir, then public funds are like the current and private sector finance its tributaries.","start":9635.77,"end":9644.17,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"If","start":9635.77,"end":9635.93},{"text":"we","start":9635.93,"end":9636.13},{"text":"imagine","start":9636.13,"end":9636.57},{"text":"the","start":9636.57,"end":9636.69},{"text":"global","start":9636.69,"end":9637.13},{"text":"financial","start":9637.21,"end":9637.65},{"text":"ecosystem","start":9637.65,"end":9638.25},{"text":"to","start":9638.25,"end":9638.33},{"text":"be","start":9638.33,"end":9638.57},{"text":"a","start":9638.57,"end":9638.61},{"text":"vast","start":9638.61,"end":9638.97},{"text":"reservoir,","start":9638.97,"end":9639.61},{"text":"then","start":9639.85,"end":9640.09},{"text":"public","start":9640.09,"end":9640.41},{"text":"funds","start":9640.41,"end":9640.81},{"text":"are","start":9640.81,"end":9640.93},{"text":"like","start":9640.93,"end":9641.17},{"text":"the","start":9641.17,"end":9641.25},{"text":"current","start":9641.25,"end":9641.77},{"text":"and","start":9641.93,"end":9642.17},{"text":"private","start":9642.17,"end":9642.57},{"text":"sector","start":9642.57,"end":9642.89},{"text":"finance","start":9642.89,"end":9643.33},{"text":"its","start":9643.33,"end":9643.57},{"text":"tributaries.","start":9643.57,"end":9644.17}]},{"text":"And with this frame in mind, I would like to make three points.","start":9644.41,"end":9646.89,"topics":[],"words":[{"text":"And","start":9644.41,"end":9644.57},{"text":"with","start":9644.57,"end":9644.69},{"text":"this","start":9644.69,"end":9644.85},{"text":"frame","start":9644.85,"end":9645.05},{"text":"in","start":9645.05,"end":9645.13},{"text":"mind,","start":9645.13,"end":9645.53},{"text":"I","start":9645.53,"end":9645.61},{"text":"would","start":9645.61,"end":9645.77},{"text":"like","start":9645.77,"end":9645.93},{"text":"to","start":9645.93,"end":9646.01},{"text":"make","start":9646.01,"end":9646.17},{"text":"three","start":9646.17,"end":9646.41},{"text":"points.","start":9646.41,"end":9646.89}]},{"text":"First, we can unlock the tributaries in two ways.","start":9647.29,"end":9649.85,"topics":[],"words":[{"text":"First,","start":9647.29,"end":9647.85},{"text":"we","start":9647.85,"end":9647.97},{"text":"can","start":9647.97,"end":9648.17},{"text":"unlock","start":9648.17,"end":9648.41},{"text":"the","start":9648.41,"end":9648.49},{"text":"tributaries","start":9648.49,"end":9649.13},{"text":"in","start":9649.13,"end":9649.29},{"text":"two","start":9649.29,"end":9649.45},{"text":"ways.","start":9649.45,"end":9649.85}]},{"text":"One, the private sector can catalyze the growth potential of MSMEs, which form the backbone of many developing country economies, and this can be done through providing growth capital funds or venture debt to help MSMEs expand into new markets and provide capital for them to manage short-term cash flow challenges without diluting their equity.","start":9650.29,"end":9667.41,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"One,","start":9650.29,"end":9650.61},{"text":"the","start":9650.69,"end":9650.93},{"text":"private","start":9650.93,"end":9651.25},{"text":"sector","start":9651.25,"end":9651.53},{"text":"can","start":9651.53,"end":9651.73},{"text":"catalyze","start":9651.73,"end":9652.29},{"text":"the","start":9652.29,"end":9652.45},{"text":"growth","start":9652.53,"end":9652.73},{"text":"potential","start":9652.73,"end":9653.25},{"text":"of","start":9653.25,"end":9653.33},{"text":"MSMEs,","start":9653.33,"end":9653.97},{"text":"which","start":9653.97,"end":9654.21},{"text":"form","start":9654.21,"end":9654.41},{"text":"the","start":9654.41,"end":9654.53},{"text":"backbone","start":9654.53,"end":9655.01},{"text":"of","start":9655.01,"end":9655.17},{"text":"many","start":9655.17,"end":9655.41},{"text":"developing","start":9655.41,"end":9655.89},{"text":"country","start":9655.89,"end":9656.17},{"text":"economies,","start":9656.17,"end":9656.69},{"text":"and","start":9656.93,"end":9657.05},{"text":"this","start":9657.05,"end":9657.17},{"text":"can","start":9657.17,"end":9657.33},{"text":"be","start":9657.33,"end":9657.41},{"text":"done","start":9657.41,"end":9657.65},{"text":"through","start":9657.65,"end":9657.81},{"text":"providing","start":9657.81,"end":9658.29},{"text":"growth","start":9658.29,"end":9658.49},{"text":"capital","start":9658.49,"end":9658.93},{"text":"funds","start":9658.93,"end":9659.33},{"text":"or","start":9659.33,"end":9659.53},{"text":"venture","start":9659.53,"end":9659.85},{"text":"debt","start":9659.85,"end":9660.13},{"text":"to","start":9660.37,"end":9660.45},{"text":"help","start":9660.45,"end":9660.65},{"text":"MSMEs","start":9660.65,"end":9661.25},{"text":"expand","start":9661.25,"end":9661.73},{"text":"into","start":9661.73,"end":9661.97},{"text":"new","start":9661.97,"end":9662.13},{"text":"markets","start":9662.13,"end":9662.61},{"text":"and","start":9662.77,"end":9662.97},{"text":"provide","start":9662.97,"end":9663.25},{"text":"capital","start":9663.25,"end":9663.69},{"text":"for","start":9663.69,"end":9663.81},{"text":"them","start":9663.81,"end":9663.97},{"text":"to","start":9663.97,"end":9664.13},{"text":"manage","start":9664.13,"end":9664.41},{"text":"short-term","start":9664.41,"end":9664.85},{"text":"cash","start":9664.85,"end":9665.09},{"text":"flow","start":9665.09,"end":9665.25},{"text":"challenges","start":9665.25,"end":9665.89},{"text":"without","start":9666.05,"end":9666.41},{"text":"diluting","start":9666.41,"end":9666.89},{"text":"their","start":9666.89,"end":9667.05},{"text":"equity.","start":9667.05,"end":9667.41}]},{"text":"Two, the private sector can also drive the green transition by directing capital towards initiatives related to decarbonization, resource efficiency, and responsible infrastructure development.","start":9668.05,"end":9677.69,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Two,","start":9668.05,"end":9668.33},{"text":"the","start":9668.33,"end":9668.49},{"text":"private","start":9668.49,"end":9668.77},{"text":"sector","start":9668.77,"end":9669.05},{"text":"can","start":9669.05,"end":9669.17},{"text":"also","start":9669.17,"end":9669.37},{"text":"drive","start":9669.37,"end":9669.85},{"text":"the","start":9669.85,"end":9669.97},{"text":"green","start":9669.97,"end":9670.21},{"text":"transition","start":9670.21,"end":9670.81},{"text":"by","start":9670.81,"end":9670.97},{"text":"directing","start":9670.97,"end":9671.45},{"text":"capital","start":9671.45,"end":9671.93},{"text":"towards","start":9672.17,"end":9672.53},{"text":"initiatives","start":9672.53,"end":9673.05},{"text":"related","start":9673.05,"end":9673.41},{"text":"to","start":9673.41,"end":9673.53},{"text":"decarbonization,","start":9673.53,"end":9674.57},{"text":"resource","start":9674.73,"end":9675.13},{"text":"efficiency,","start":9675.13,"end":9675.77},{"text":"and","start":9675.93,"end":9676.09},{"text":"responsible","start":9676.09,"end":9676.65},{"text":"infrastructure","start":9676.65,"end":9677.17},{"text":"development.","start":9677.17,"end":9677.69}]},{"text":"The current must help mitigate the risk.","start":9678.01,"end":9680.33,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"The","start":9678.01,"end":9678.17},{"text":"current","start":9678.17,"end":9678.73},{"text":"must","start":9678.73,"end":9679.01},{"text":"help","start":9679.01,"end":9679.21},{"text":"mitigate","start":9679.29,"end":9679.85},{"text":"the","start":9679.85,"end":9679.93},{"text":"risk.","start":9679.93,"end":9680.33}]},{"text":"Bundling concessional capital through blended finance initiatives such as Singapore's Financing Asia's Transition Partnership or FASPI is but one example.","start":9680.65,"end":9689.05,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Bundling","start":9680.65,"end":9681.05},{"text":"concessional","start":9681.05,"end":9681.57},{"text":"capital","start":9681.57,"end":9682.09},{"text":"through","start":9682.09,"end":9682.33},{"text":"blended","start":9682.33,"end":9682.65},{"text":"finance","start":9682.65,"end":9683.01},{"text":"initiatives","start":9683.01,"end":9683.61},{"text":"such","start":9683.69,"end":9683.89},{"text":"as","start":9683.89,"end":9683.97},{"text":"Singapore's","start":9683.97,"end":9684.57},{"text":"Financing","start":9684.65,"end":9685.29},{"text":"Asia's","start":9685.29,"end":9685.69},{"text":"Transition","start":9685.69,"end":9686.17},{"text":"Partnership","start":9686.17,"end":9686.73},{"text":"or","start":9686.73,"end":9686.97},{"text":"FASPI","start":9686.97,"end":9687.93},{"text":"is","start":9688.01,"end":9688.17},{"text":"but","start":9688.17,"end":9688.37},{"text":"one","start":9688.37,"end":9688.53},{"text":"example.","start":9688.53,"end":9689.05}]},{"text":"Second, FFD must explore a more calibrated sliding scale debt solution.","start":9689.89,"end":9694.33,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Second,","start":9689.89,"end":9690.25},{"text":"FFD","start":9690.33,"end":9690.81},{"text":"must","start":9690.81,"end":9691.05},{"text":"explore","start":9691.05,"end":9691.69},{"text":"a","start":9691.77,"end":9691.81},{"text":"more","start":9691.81,"end":9691.97},{"text":"calibrated","start":9691.97,"end":9692.81},{"text":"sliding","start":9692.81,"end":9693.29},{"text":"scale","start":9693.29,"end":9693.61},{"text":"debt","start":9693.61,"end":9693.85},{"text":"solution.","start":9693.85,"end":9694.33}]},{"text":"On one hand, more comprehensive debt restructuring to focus investments in climate and development for those in or close to debt distress.","start":9694.73,"end":9702.01,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"On","start":9694.73,"end":9694.97},{"text":"one","start":9694.97,"end":9695.21},{"text":"hand,","start":9695.21,"end":9695.61},{"text":"more","start":9695.93,"end":9696.13},{"text":"comprehensive","start":9696.13,"end":9696.73},{"text":"debt","start":9696.73,"end":9696.97},{"text":"restructuring","start":9696.97,"end":9697.53},{"text":"to","start":9697.53,"end":9697.61},{"text":"focus","start":9697.61,"end":9697.97},{"text":"investments","start":9697.97,"end":9698.53},{"text":"in","start":9698.53,"end":9698.65},{"text":"climate","start":9698.65,"end":9699.05},{"text":"and","start":9699.05,"end":9699.17},{"text":"development","start":9699.17,"end":9699.73},{"text":"for","start":9699.85,"end":9700.01},{"text":"those","start":9700.01,"end":9700.33},{"text":"in","start":9700.33,"end":9700.65},{"text":"or","start":9700.65,"end":9700.81},{"text":"close","start":9700.81,"end":9701.13},{"text":"to","start":9701.13,"end":9701.29},{"text":"debt","start":9701.29,"end":9701.49},{"text":"distress.","start":9701.49,"end":9702.01}]},{"text":"And on the other hand, more targeted liquidity support through credit enhancements and debt suspension for those not as heavily indebted.","start":9702.25,"end":9708.73,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"And","start":9702.25,"end":9702.41},{"text":"on","start":9702.41,"end":9702.49},{"text":"the","start":9702.49,"end":9702.61},{"text":"other","start":9702.61,"end":9702.81},{"text":"hand,","start":9702.81,"end":9703.05},{"text":"more","start":9703.05,"end":9703.25},{"text":"targeted","start":9703.25,"end":9703.77},{"text":"liquidity","start":9703.77,"end":9704.17},{"text":"support","start":9704.17,"end":9704.65},{"text":"through","start":9704.97,"end":9705.21},{"text":"credit","start":9705.21,"end":9705.45},{"text":"enhancements","start":9705.45,"end":9706.09},{"text":"and","start":9706.09,"end":9706.29},{"text":"debt","start":9706.29,"end":9706.41},{"text":"suspension","start":9706.41,"end":9707.05},{"text":"for","start":9707.21,"end":9707.37},{"text":"those","start":9707.37,"end":9707.61},{"text":"not","start":9707.61,"end":9707.85},{"text":"as","start":9707.85,"end":9707.97},{"text":"heavily","start":9707.97,"end":9708.21},{"text":"indebted.","start":9708.21,"end":9708.73}]},{"text":"Credit rating methodologies must reflect true economic potential and risk profiles of developing countries.","start":9709.13,"end":9714.57,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Credit","start":9709.13,"end":9709.45},{"text":"rating","start":9709.45,"end":9709.73},{"text":"methodologies","start":9709.73,"end":9710.57},{"text":"must","start":9710.57,"end":9710.89},{"text":"reflect","start":9710.89,"end":9711.25},{"text":"true","start":9711.25,"end":9711.49},{"text":"economic","start":9711.49,"end":9711.89},{"text":"potential","start":9711.89,"end":9712.49},{"text":"and","start":9712.65,"end":9712.89},{"text":"risk","start":9712.89,"end":9713.09},{"text":"profiles","start":9713.09,"end":9713.53},{"text":"of","start":9713.53,"end":9713.61},{"text":"developing","start":9713.61,"end":9714.05},{"text":"countries.","start":9714.05,"end":9714.57}]},{"text":"Meanwhile, countries must enhance tax administration, broaden their tax bases and combat financial flows to ensure equitable revenue generation, reducing their reliance on external debt.","start":9714.73,"end":9724.97,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."},{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Meanwhile,","start":9714.73,"end":9715.29},{"text":"countries","start":9715.29,"end":9715.61},{"text":"must","start":9715.61,"end":9715.81},{"text":"enhance","start":9715.81,"end":9716.33},{"text":"tax","start":9716.49,"end":9716.81},{"text":"administration,","start":9716.81,"end":9717.45},{"text":"broaden","start":9717.45,"end":9717.93},{"text":"their","start":9717.93,"end":9718.05},{"text":"tax","start":9718.05,"end":9718.33},{"text":"bases","start":9718.33,"end":9718.73},{"text":"and","start":9718.89,"end":9719.05},{"text":"combat","start":9719.05,"end":9719.57},{"text":"financial","start":9719.77,"end":9720.21},{"text":"flows","start":9720.21,"end":9720.49},{"text":"to","start":9720.49,"end":9720.61},{"text":"ensure","start":9720.61,"end":9721.05},{"text":"equitable","start":9721.13,"end":9721.77},{"text":"revenue","start":9721.77,"end":9722.17},{"text":"generation,","start":9722.17,"end":9722.81},{"text":"reducing","start":9722.97,"end":9723.57},{"text":"their","start":9723.57,"end":9723.73},{"text":"reliance","start":9723.73,"end":9724.17},{"text":"on","start":9724.17,"end":9724.25},{"text":"external","start":9724.25,"end":9724.65},{"text":"debt.","start":9724.65,"end":9724.97}]},{"text":"Lastly, digital transformation is our era's equalizer.","start":9725.45,"end":9728.65,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"Lastly,","start":9725.45,"end":9726.17},{"text":"digital","start":9726.17,"end":9726.49},{"text":"transformation","start":9726.49,"end":9727.29},{"text":"is","start":9727.29,"end":9727.45},{"text":"our","start":9727.45,"end":9727.69},{"text":"era's","start":9727.73,"end":9728.01},{"text":"equalizer.","start":9728.01,"end":9728.65}]},{"text":"It has the potential to turn the digital divide into a digital dividend.","start":9728.81,"end":9732.57,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"It","start":9728.81,"end":9728.93},{"text":"has","start":9728.93,"end":9729.09},{"text":"the","start":9729.09,"end":9729.17},{"text":"potential","start":9729.17,"end":9729.69},{"text":"to","start":9729.69,"end":9729.89},{"text":"turn","start":9729.89,"end":9730.25},{"text":"the","start":9730.41,"end":9730.57},{"text":"digital","start":9730.57,"end":9730.93},{"text":"divide","start":9730.93,"end":9731.29},{"text":"into","start":9731.29,"end":9731.57},{"text":"a","start":9731.57,"end":9731.61},{"text":"digital","start":9731.61,"end":9732.09},{"text":"dividend.","start":9732.09,"end":9732.57}]},{"text":"The possibilities such as blockchain, enhancing transparency in carbon markets, AI driving precision in agricultural investments, or mobile banking, extending financial inclusion to the remotest corners of the globe are endless.","start":9732.81,"end":9744.49,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. 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Chair, the current financing gaps for SDGs are extremely worrisome and require urgent action in a context of mounting debt vulnerabilities, climate emergencies, trade disruptions, and increasing poverty and inequality.","start":9941.05,"end":9954.25,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Ensuring","start":10018.41,"end":10018.93},{"text":"that","start":10018.93,"end":10019.17},{"text":"high","start":10019.17,"end":10019.33},{"text":"net","start":10019.33,"end":10019.81},{"text":"worth","start":10019.81,"end":10020.09},{"text":"individuals","start":10020.09,"end":10020.73},{"text":"contribute","start":10020.73,"end":10021.25},{"text":"their","start":10021.25,"end":10021.57},{"text":"fair","start":10021.73,"end":10022.05},{"text":"share","start":10022.05,"end":10022.45},{"text":"is","start":10022.69,"end":10022.93},{"text":"a","start":10022.93,"end":10023.01},{"text":"crucial","start":10023.01,"end":10023.45},{"text":"piece","start":10023.45,"end":10023.81},{"text":"of","start":10023.81,"end":10023.89},{"text":"the","start":10023.89,"end":10024.01},{"text":"puzzle.","start":10024.01,"end":10024.53}]},{"text":"Brazil supports the development of a UN framework convention on international tax cooperation to address challenges such as tax evasion, illicit financial flows, and base erosion.","start":10025.17,"end":10037.01,"topics":[{"key":"tax-cooperation","label":"International Tax Cooperation and Domestic Resource Mobilization","description":"A recurring topic was strengthening domestic revenue through better tax systems, digital tax administration, and international tax cooperation. Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"Brazil","start":10025.17,"end":10025.57},{"text":"supports","start":10025.57,"end":10026.13},{"text":"the","start":10026.13,"end":10026.21},{"text":"development","start":10026.21,"end":10026.77},{"text":"of","start":10026.77,"end":10026.93},{"text":"a","start":10026.93,"end":10026.97},{"text":"UN","start":10026.97,"end":10027.41},{"text":"framework","start":10027.41,"end":10027.93},{"text":"convention","start":10027.93,"end":10028.69},{"text":"on","start":10028.81,"end":10028.93},{"text":"international","start":10028.93,"end":10029.65},{"text":"tax","start":10029.65,"end":10030.13},{"text":"cooperation","start":10030.45,"end":10031.17},{"text":"to","start":10031.17,"end":10031.29},{"text":"address","start":10031.29,"end":10031.73},{"text":"challenges","start":10031.73,"end":10032.37},{"text":"such","start":10032.53,"end":10032.93},{"text":"as","start":10032.93,"end":10033.01},{"text":"tax","start":10033.01,"end":10033.41},{"text":"evasion,","start":10033.41,"end":10033.97},{"text":"illicit","start":10034.21,"end":10034.77},{"text":"financial","start":10034.77,"end":10035.25},{"text":"flows,","start":10035.25,"end":10035.73},{"text":"and","start":10035.97,"end":10036.21},{"text":"base","start":10036.21,"end":10036.49},{"text":"erosion.","start":10036.49,"end":10037.01}]},{"text":"Trade remains a crucial engine for growth and development.","start":10037.65,"end":10040.61,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"Trade","start":10037.65,"end":10037.97},{"text":"remains","start":10037.97,"end":10038.37},{"text":"a","start":10038.37,"end":10038.45},{"text":"crucial","start":10038.45,"end":10038.93},{"text":"engine","start":10038.93,"end":10039.25},{"text":"for","start":10039.25,"end":10039.41},{"text":"growth","start":10039.41,"end":10039.81},{"text":"and","start":10039.81,"end":10039.93},{"text":"development.","start":10039.93,"end":10040.61}]},{"text":"We need to strengthen the WTO and to restore a fully functioning dispute settlement system.","start":10041.05,"end":10046.53,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"We","start":10041.05,"end":10041.09},{"text":"need","start":10041.09,"end":10041.33},{"text":"to","start":10041.33,"end":10041.45},{"text":"strengthen","start":10041.45,"end":10042.01},{"text":"the","start":10042.01,"end":10042.13},{"text":"WTO","start":10042.13,"end":10042.93},{"text":"and","start":10042.93,"end":10043.17},{"text":"to","start":10043.17,"end":10043.25},{"text":"restore","start":10043.25,"end":10043.89},{"text":"a","start":10043.89,"end":10043.97},{"text":"fully","start":10043.97,"end":10044.37},{"text":"functioning","start":10044.37,"end":10045.01},{"text":"dispute","start":10045.01,"end":10045.57},{"text":"settlement","start":10045.57,"end":10046.09},{"text":"system.","start":10046.09,"end":10046.53}]},{"text":"We are also concerned with the potential impacts of unilateral border carbon adjustment measures on developing countries' trade and development prospects.","start":10047.17,"end":10055.89,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"We","start":10047.17,"end":10047.33},{"text":"are","start":10047.33,"end":10047.57},{"text":"also","start":10047.57,"end":10047.97},{"text":"concerned","start":10047.97,"end":10048.45},{"text":"with","start":10048.45,"end":10048.61},{"text":"the","start":10048.61,"end":10048.69},{"text":"potential","start":10048.69,"end":10049.25},{"text":"impacts","start":10049.25,"end":10049.73},{"text":"of","start":10049.73,"end":10049.89},{"text":"unilateral","start":10049.89,"end":10050.45},{"text":"border","start":10050.45,"end":10050.85},{"text":"carbon","start":10050.85,"end":10051.41},{"text":"adjustment","start":10051.41,"end":10052.01},{"text":"measures","start":10052.01,"end":10052.53},{"text":"on","start":10052.93,"end":10053.01},{"text":"developing","start":10053.01,"end":10053.57},{"text":"countries'","start":10053.57,"end":10054.05},{"text":"trade","start":10054.05,"end":10054.53},{"text":"and","start":10054.53,"end":10054.65},{"text":"development","start":10054.65,"end":10055.25},{"text":"prospects.","start":10055.25,"end":10055.89}]},{"text":"Public financing can have a crucial catalyzing effect on private investment flows and are key to achieving our shared development goals.","start":10056.45,"end":10064.77,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Public","start":10056.45,"end":10056.85},{"text":"financing","start":10056.85,"end":10057.57},{"text":"can","start":10057.57,"end":10057.73},{"text":"have","start":10057.73,"end":10058.01},{"text":"a","start":10058.01,"end":10058.05},{"text":"crucial","start":10058.05,"end":10058.61},{"text":"catalyzing","start":10058.61,"end":10059.41},{"text":"effect","start":10059.41,"end":10059.97},{"text":"on","start":10060.33,"end":10060.45},{"text":"private","start":10060.45,"end":10060.85},{"text":"investment","start":10060.85,"end":10061.45},{"text":"flows","start":10061.45,"end":10061.89},{"text":"and","start":10061.89,"end":10062.05},{"text":"are","start":10062.05,"end":10062.13},{"text":"key","start":10062.13,"end":10062.45},{"text":"to","start":10062.45,"end":10062.57},{"text":"achieving","start":10062.57,"end":10063.09},{"text":"our","start":10063.09,"end":10063.33},{"text":"shared","start":10063.33,"end":10063.69},{"text":"development","start":10063.69,"end":10064.29},{"text":"goals.","start":10064.29,"end":10064.77}]},{"text":"It is crucial that longstanding official development assistance commitments are met.","start":10065.33,"end":10070.45,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"It","start":10065.33,"end":10065.49},{"text":"is","start":10065.49,"end":10065.65},{"text":"crucial","start":10065.65,"end":10066.13},{"text":"that","start":10066.13,"end":10066.29},{"text":"longstanding","start":10066.29,"end":10067.09},{"text":"official","start":10067.09,"end":10067.53},{"text":"development","start":10067.53,"end":10068.09},{"text":"assistance","start":10068.09,"end":10068.69},{"text":"commitments","start":10069.17,"end":10069.81},{"text":"are","start":10069.81,"end":10069.97},{"text":"met.","start":10069.97,"end":10070.45}]},{"text":"Brazil encourages establishing an enhanced transparency framework under the United Nations to harmonise concepts and monitor ODA flows effectively.","start":10070.89,"end":10080.25,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"Brazil","start":10070.89,"end":10071.29},{"text":"encourages","start":10071.29,"end":10071.93},{"text":"establishing","start":10071.97,"end":10072.61},{"text":"an","start":10072.61,"end":10072.69},{"text":"enhanced","start":10072.69,"end":10073.25},{"text":"transparency","start":10073.25,"end":10073.97},{"text":"framework","start":10074.09,"end":10074.81},{"text":"under","start":10075.17,"end":10075.37},{"text":"the","start":10075.37,"end":10075.45},{"text":"United","start":10075.45,"end":10075.81},{"text":"Nations","start":10075.81,"end":10076.25},{"text":"to","start":10076.25,"end":10076.41},{"text":"harmonise","start":10076.41,"end":10077.05},{"text":"concepts","start":10077.05,"end":10077.69},{"text":"and","start":10077.85,"end":10078.09},{"text":"monitor","start":10078.09,"end":10078.57},{"text":"ODA","start":10078.57,"end":10079.05},{"text":"flows","start":10079.05,"end":10079.53},{"text":"effectively.","start":10079.53,"end":10080.25}]},{"text":"We are concerned that the document does not give sufficient attention to SDGs 1 and 2 poverty eradication and hunger elimination are indispensable for sustainable development.","start":10080.69,"end":10091.85,"topics":[],"words":[{"text":"We","start":10080.69,"end":10080.77},{"text":"are","start":10080.85,"end":10081.69},{"text":"concerned","start":10081.69,"end":10082.25},{"text":"that","start":10082.25,"end":10082.41},{"text":"the","start":10082.41,"end":10082.53},{"text":"document","start":10082.53,"end":10083.09},{"text":"does","start":10083.09,"end":10083.29},{"text":"not","start":10083.29,"end":10083.61},{"text":"give","start":10083.61,"end":10083.93},{"text":"sufficient","start":10084.01,"end":10084.65},{"text":"attention","start":10084.65,"end":10085.21},{"text":"to","start":10085.45,"end":10085.61},{"text":"SDGs","start":10085.61,"end":10086.17},{"text":"1","start":10086.17,"end":10086.49},{"text":"and","start":10086.49,"end":10086.61},{"text":"2","start":10086.61,"end":10086.97},{"text":"poverty","start":10087.45,"end":10087.89},{"text":"eradication","start":10087.89,"end":10088.61},{"text":"and","start":10088.61,"end":10088.73},{"text":"hunger","start":10088.73,"end":10089.09},{"text":"elimination","start":10089.09,"end":10089.73},{"text":"are","start":10089.73,"end":10089.81},{"text":"indispensable","start":10089.81,"end":10090.57},{"text":"for","start":10090.57,"end":10090.73},{"text":"sustainable","start":10090.73,"end":10091.21},{"text":"development.","start":10091.21,"end":10091.85}]},{"text":"A key tool is the Global Alliance Against Hunger and Poverty, launched last month, which aims to mainstream successful public policy instruments that have proven effective in developing countries.","start":10092.33,"end":10103.13,"topics":[],"words":[{"text":"A","start":10092.33,"end":10092.37},{"text":"key","start":10092.37,"end":10092.65},{"text":"tool","start":10092.65,"end":10092.93},{"text":"is","start":10092.93,"end":10093.05},{"text":"the","start":10093.05,"end":10093.13},{"text":"Global","start":10093.13,"end":10093.49},{"text":"Alliance","start":10093.49,"end":10093.85},{"text":"Against","start":10093.85,"end":10094.25},{"text":"Hunger","start":10094.25,"end":10094.53},{"text":"and","start":10094.53,"end":10094.65},{"text":"Poverty,","start":10094.65,"end":10095.21},{"text":"launched","start":10095.53,"end":10095.93},{"text":"last","start":10095.93,"end":10096.33},{"text":"month,","start":10096.33,"end":10096.73},{"text":"which","start":10096.93,"end":10097.29},{"text":"aims","start":10097.29,"end":10097.57},{"text":"to","start":10097.57,"end":10097.69},{"text":"mainstream","start":10097.69,"end":10098.25},{"text":"successful","start":10098.25,"end":10098.93},{"text":"public","start":10098.93,"end":10099.37},{"text":"policy","start":10099.37,"end":10099.77},{"text":"instruments","start":10099.77,"end":10100.25},{"text":"that","start":10100.25,"end":10100.57},{"text":"have","start":10100.57,"end":10100.73},{"text":"proven","start":10100.73,"end":10101.21},{"text":"effective","start":10101.37,"end":10102.09},{"text":"in","start":10102.09,"end":10102.17},{"text":"developing","start":10102.17,"end":10102.65},{"text":"countries.","start":10102.65,"end":10103.13}]},{"text":"Finally, we emphasize the need for clear recognition that climate finance must be grant-based, truly additional to ODA, and not divert resources from other development needs, including poverty eradication.","start":10103.37,"end":10117.09,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. 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Representative"}},{"statement_number":89,"start":10134.45,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=10135","paragraphs":[{"sentences":[{"text":"Future for all.","start":10134.45,"end":10134.89,"topics":[],"words":[{"text":"Future","start":10134.45,"end":10134.69},{"text":"for","start":10134.69,"end":10134.81},{"text":"all.","start":10134.81,"end":10134.89}]},{"text":"I thank the Permanent Representative of Brazil and now give the floor to the Deputy Permanent Representative of 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Mr. Chair, Latvia aligns itself with a statement made by the European Union and would like to add following remarks in our national capacity.","start":10145.25,"end":10153.93,"topics":[],"words":[{"text":"Thank","start":10145.25,"end":10145.53},{"text":"you.","start":10145.53,"end":10145.65},{"text":"Mr.","start":10146.49,"end":10146.69},{"text":"Chair,","start":10146.69,"end":10147.05},{"text":"Latvia","start":10147.45,"end":10147.89},{"text":"aligns","start":10147.89,"end":10148.17},{"text":"itself","start":10148.17,"end":10148.61},{"text":"with","start":10148.61,"end":10148.77},{"text":"a","start":10148.77,"end":10148.81},{"text":"statement","start":10148.81,"end":10149.37},{"text":"made","start":10149.37,"end":10149.61},{"text":"by","start":10149.61,"end":10149.77},{"text":"the","start":10149.77,"end":10149.85},{"text":"European","start":10149.85,"end":10150.17},{"text":"Union","start":10150.17,"end":10150.65},{"text":"and","start":10150.73,"end":10150.89},{"text":"would","start":10150.89,"end":10151.01},{"text":"like","start":10151.01,"end":10151.37},{"text":"to","start":10151.37,"end":10151.49},{"text":"add","start":10151.49,"end":10151.61},{"text":"following","start":10151.61,"end":10152.09},{"text":"remarks","start":10152.09,"end":10152.49},{"text":"in","start":10152.49,"end":10152.65},{"text":"our","start":10152.65,"end":10152.81},{"text":"national","start":10152.81,"end":10153.29},{"text":"capacity.","start":10153.29,"end":10153.93}]},{"text":"Let me start by thanking the co-facilitators Norway, Nepal, Zambia, and Mexico for the presented elements paper.","start":10154.73,"end":10161.77,"topics":[],"words":[{"text":"Let","start":10154.73,"end":10154.93},{"text":"me","start":10154.93,"end":10155.05},{"text":"start","start":10155.05,"end":10155.33},{"text":"by","start":10155.33,"end":10155.45},{"text":"thanking","start":10155.45,"end":10155.93},{"text":"the","start":10155.93,"end":10156.01},{"text":"co-facilitators","start":10156.01,"end":10156.97},{"text":"Norway,","start":10156.97,"end":10157.61},{"text":"Nepal,","start":10157.61,"end":10158.17},{"text":"Zambia,","start":10158.17,"end":10158.77},{"text":"and","start":10158.77,"end":10159.09},{"text":"Mexico","start":10159.09,"end":10159.69},{"text":"for","start":10160.01,"end":10160.21},{"text":"the","start":10160.21,"end":10160.29},{"text":"presented","start":10160.29,"end":10160.81},{"text":"elements","start":10160.81,"end":10161.29},{"text":"paper.","start":10161.29,"end":10161.77}]},{"text":"It is an important milestone on our road to Seville next summer, and let me share our main focus areas.","start":10162.33,"end":10168.97,"topics":[],"words":[{"text":"It","start":10162.33,"end":10162.41},{"text":"is","start":10162.41,"end":10162.57},{"text":"an","start":10162.57,"end":10162.65},{"text":"important","start":10162.65,"end":10163.13},{"text":"milestone","start":10163.13,"end":10163.93},{"text":"on","start":10163.93,"end":10164.17},{"text":"our","start":10164.17,"end":10164.37},{"text":"road","start":10164.37,"end":10164.53},{"text":"to","start":10164.53,"end":10164.65},{"text":"Seville","start":10164.65,"end":10165.13},{"text":"next","start":10165.13,"end":10165.53},{"text":"summer,","start":10165.53,"end":10166.09},{"text":"and","start":10166.49,"end":10166.65},{"text":"let","start":10166.65,"end":10166.77},{"text":"me","start":10166.77,"end":10166.89},{"text":"share","start":10166.89,"end":10167.29},{"text":"our","start":10167.29,"end":10167.53},{"text":"main","start":10167.53,"end":10167.93},{"text":"focus","start":10167.93,"end":10168.41},{"text":"areas.","start":10168.41,"end":10168.97}]},{"text":"Firstly, this is an opportunity to demonstrate our commitment to listening to, understanding, and addressing the needs of the countries in special situations, particularly African countries, LDCs, LLDCs, and SIDS.","start":10169.97,"end":10185.01,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Firstly,","start":10169.97,"end":10170.53},{"text":"this","start":10170.61,"end":10170.85},{"text":"is","start":10170.85,"end":10171.05},{"text":"an","start":10171.05,"end":10171.25},{"text":"opportunity","start":10171.25,"end":10171.97},{"text":"to","start":10171.97,"end":10172.17},{"text":"demonstrate","start":10172.17,"end":10172.85},{"text":"our","start":10172.85,"end":10173.01},{"text":"commitment","start":10173.01,"end":10173.85},{"text":"to","start":10173.85,"end":10173.93},{"text":"listening","start":10173.93,"end":10174.45},{"text":"to,","start":10174.45,"end":10174.77},{"text":"understanding,","start":10174.93,"end":10175.89},{"text":"and","start":10175.97,"end":10176.17},{"text":"addressing","start":10176.17,"end":10176.69},{"text":"the","start":10176.69,"end":10176.81},{"text":"needs","start":10176.81,"end":10177.25},{"text":"of","start":10177.25,"end":10177.33},{"text":"the","start":10177.33,"end":10177.49},{"text":"countries","start":10177.49,"end":10177.97},{"text":"in","start":10177.97,"end":10178.13},{"text":"special","start":10178.13,"end":10178.53},{"text":"situations,","start":10178.53,"end":10179.25},{"text":"particularly","start":10179.81,"end":10180.61},{"text":"African","start":10180.69,"end":10181.33},{"text":"countries,","start":10181.33,"end":10181.89},{"text":"LDCs,","start":10182.05,"end":10182.93},{"text":"LLDCs,","start":10183.25,"end":10184.13},{"text":"and","start":10184.29,"end":10184.53},{"text":"SIDS.","start":10184.53,"end":10185.01}]},{"text":"The path to achieve SDGs is challenging, but it is clear that the reform of the international financial architecture must be brought forward.","start":10185.57,"end":10194.21,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"We","start":10276.09,"end":10276.41},{"text":"urge","start":10276.41,"end":10276.81},{"text":"others","start":10276.81,"end":10277.29},{"text":"to","start":10277.29,"end":10277.37},{"text":"follow","start":10277.37,"end":10277.69},{"text":"suit.","start":10277.69,"end":10278.25}]},{"text":"Furthermore, we anticipate MDB's leadership in assisting borrower countries with targeted structural reforms.","start":10278.81,"end":10285.29,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Speakers also stressed combating illicit financial flows, profit shifting, tax evasion, and supporting a more equitable global tax framework under the UN."}],"words":[{"text":"MDBs","start":10287.65,"end":10288.13},{"text":"can","start":10288.13,"end":10288.29},{"text":"help","start":10288.29,"end":10288.57},{"text":"boosting","start":10288.57,"end":10289.17},{"text":"own","start":10289.49,"end":10289.73},{"text":"domestic","start":10289.73,"end":10290.21},{"text":"resources","start":10290.21,"end":10290.85},{"text":"and","start":10290.85,"end":10291.05},{"text":"at","start":10291.05,"end":10291.13},{"text":"the","start":10291.13,"end":10291.21},{"text":"global","start":10291.21,"end":10291.57},{"text":"level,","start":10291.57,"end":10291.97},{"text":"help","start":10291.97,"end":10292.37},{"text":"introduce","start":10292.37,"end":10292.85},{"text":"taxation","start":10292.85,"end":10293.49},{"text":"for","start":10293.49,"end":10293.65},{"text":"high","start":10293.65,"end":10293.97},{"text":"net","start":10293.97,"end":10294.29},{"text":"worth","start":10294.29,"end":10294.65},{"text":"individuals","start":10294.65,"end":10295.41},{"text":"while","start":10295.65,"end":10296.05},{"text":"safeguarding","start":10296.05,"end":10296.85},{"text":"the","start":10296.93,"end":10297.09},{"text":"poorest","start":10297.09,"end":10297.57},{"text":"populations.","start":10297.57,"end":10298.37}]},{"text":"Our joint efforts can enhance MDBs capacity to support developing countries, achieve the SDGs and address climate financing needs.","start":10299.01,"end":10307.49,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"Our","start":10299.01,"end":10299.17},{"text":"joint","start":10299.17,"end":10299.53},{"text":"efforts","start":10299.53,"end":10299.97},{"text":"can","start":10299.97,"end":10300.37},{"text":"enhance","start":10300.37,"end":10300.93},{"text":"MDBs","start":10300.93,"end":10301.53},{"text":"capacity","start":10301.53,"end":10302.13},{"text":"to","start":10302.13,"end":10302.25},{"text":"support","start":10302.25,"end":10302.65},{"text":"developing","start":10302.65,"end":10303.09},{"text":"countries,","start":10303.09,"end":10303.73},{"text":"achieve","start":10303.97,"end":10304.37},{"text":"the","start":10304.37,"end":10304.49},{"text":"SDGs","start":10304.49,"end":10305.17},{"text":"and","start":10305.33,"end":10305.57},{"text":"address","start":10305.57,"end":10305.97},{"text":"climate","start":10305.97,"end":10306.45},{"text":"financing","start":10306.45,"end":10307.09},{"text":"needs.","start":10307.09,"end":10307.49}]},{"text":"Latvia welcomes the proposed multidimensional vulnerability index and its inclusion in the elements paper.","start":10308.25,"end":10314.01,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."}],"words":[{"text":"Latvia","start":10308.25,"end":10308.49},{"text":"welcomes","start":10308.49,"end":10308.93},{"text":"the","start":10308.93,"end":10309.01},{"text":"proposed","start":10309.01,"end":10309.61},{"text":"multidimensional","start":10309.69,"end":10310.53},{"text":"vulnerability","start":10310.53,"end":10311.29},{"text":"index","start":10311.29,"end":10311.85},{"text":"and","start":10312.09,"end":10312.29},{"text":"its","start":10312.29,"end":10312.41},{"text":"inclusion","start":10312.41,"end":10312.93},{"text":"in","start":10312.93,"end":10313.01},{"text":"the","start":10313.01,"end":10313.09},{"text":"elements","start":10313.09,"end":10313.61},{"text":"paper.","start":10313.61,"end":10314.01}]},{"text":"We invite other developing institutions to consider its application to strengthen the resilience of the most climate affected developing nations.","start":10314.17,"end":10322.65,"topics":[{"key":"vulnerable-country-needs","label":"Financing for Vulnerable Country Groups","description":"Many speakers emphasized that LDCs, SIDS, LLDCs, and middle-income countries face distinct structural vulnerabilities that are not adequately reflected in current financing rules. Calls included tailored support measures, simpler access procedures, and wider use of tools such as the Multidimensional Vulnerability Index."},{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. Several speakers argued that climate finance should be predictable, accessible, and additional to development finance rather than replacing it."}],"words":[{"text":"We","start":10314.17,"end":10314.29},{"text":"invite","start":10314.29,"end":10314.73},{"text":"other","start":10314.73,"end":10314.97},{"text":"developing","start":10314.97,"end":10315.53},{"text":"institutions","start":10315.53,"end":10316.13},{"text":"to","start":10316.13,"end":10316.25},{"text":"consider","start":10316.25,"end":10316.89},{"text":"its","start":10316.89,"end":10317.05},{"text":"application","start":10317.05,"end":10317.77},{"text":"to","start":10317.93,"end":10318.01},{"text":"strengthen","start":10318.01,"end":10318.73},{"text":"the","start":10318.73,"end":10318.81},{"text":"resilience","start":10319.05,"end":10319.93},{"text":"of","start":10320.09,"end":10320.25},{"text":"the","start":10320.25,"end":10320.41},{"text":"most","start":10320.41,"end":10320.73},{"text":"climate","start":10320.73,"end":10321.29},{"text":"affected","start":10321.29,"end":10321.73},{"text":"developing","start":10321.73,"end":10322.13},{"text":"nations.","start":10322.13,"end":10322.65}]},{"text":"In conclusion, Mr. Chair, we believe the FFD4 process and strengthened FFD agenda should build trust in multilateral cooperation by bringing to the fore inclusiveness.","start":10323.05,"end":10333.69,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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A major theme was increasing the voice, representation, and decision-making power of developing countries in global economic governance."}],"words":[{"text":"Today,","start":10352.09,"end":10352.37},{"text":"developing","start":10352.37,"end":10352.93},{"text":"countries","start":10352.93,"end":10353.49},{"text":"face","start":10353.49,"end":10353.81},{"text":"a","start":10353.81,"end":10353.89},{"text":"great","start":10353.89,"end":10354.21},{"text":"finance","start":10354.21,"end":10354.69},{"text":"divide","start":10354.69,"end":10355.17},{"text":"estimated","start":10355.25,"end":10355.73},{"text":"at","start":10355.73,"end":10355.89},{"text":"$4","start":10355.89,"end":10355.93},{"text":"trillion","start":10355.93,"end":10357.09},{"text":"annually.","start":10357.09,"end":10357.65}]},{"text":"They have been hit by multiple crises without support from an unjust global financial system.","start":10358.21,"end":10363.57,"topics":[{"key":"financial-architecture","label":"International Financial Architecture Reform","description":"Many speakers called for a fairer and more inclusive global financial system, including reforms to the IMF, World Bank, and multilateral development banks. 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Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"59","start":10364.21,"end":10364.61},{"text":"countries","start":10364.61,"end":10365.09},{"text":"are","start":10365.09,"end":10365.25},{"text":"in","start":10365.25,"end":10365.41},{"text":"some","start":10365.41,"end":10365.65},{"text":"form","start":10365.65,"end":10365.85},{"text":"of","start":10365.85,"end":10365.97},{"text":"debt","start":10365.97,"end":10366.17},{"text":"distress.","start":10366.17,"end":10366.85}]},{"text":"ODA is being cut by donors.","start":10367.01,"end":10368.93,"topics":[{"key":"oda-concessional-finance","label":"ODA and Concessional Finance","description":"Many statements emphasized that official development assistance remains essential, especially for LDCs and other vulnerable countries. Speakers urged developed countries to fulfill longstanding ODA commitments and expand access to grants and long-term concessional finance."}],"words":[{"text":"ODA","start":10367.01,"end":10367.33},{"text":"is","start":10367.33,"end":10367.65},{"text":"being","start":10367.65,"end":10367.97},{"text":"cut","start":10367.97,"end":10368.21},{"text":"by","start":10368.21,"end":10368.37},{"text":"donors.","start":10368.37,"end":10368.93}]},{"text":"Climate finance obligations remain unmet, and climate and development finance is increasingly being double counted.","start":10369.33,"end":10376.21,"topics":[{"key":"climate-finance","label":"Climate Finance and Resilience","description":"Delegations stressed that climate finance is indispensable for adaptation, mitigation, and resilience, particularly for vulnerable countries. 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Proposals included debt restructuring, debt swaps, improved implementation of the G20 Common Framework, debt standstills during crises, and fairer credit rating practices."}],"words":[{"text":"Four,","start":10426.77,"end":10427.17},{"text":"initiating","start":10427.33,"end":10427.97},{"text":"a","start":10427.97,"end":10428.01},{"text":"multilateral","start":10428.01,"end":10428.77},{"text":"sovereign","start":10428.77,"end":10429.25},{"text":"debt","start":10429.25,"end":10429.57},{"text":"review","start":10429.57,"end":10429.85},{"text":"process","start":10429.85,"end":10430.53},{"text":"under","start":10430.53,"end":10430.77},{"text":"UN","start":10430.77,"end":10431.09},{"text":"auspices","start":10431.09,"end":10431.81},{"text":"to","start":10432.09,"end":10432.17},{"text":"facilitate","start":10432.21,"end":10432.77},{"text":"debt","start":10432.77,"end":10433.09},{"text":"relief","start":10433.09,"end":10433.57},{"text":"and","start":10433.57,"end":10433.77},{"text":"debt","start":10433.77,"end":10433.93},{"text":"cancellation.","start":10433.93,"end":10434.77}]},{"text":"We find the elements paper to be weak on the issue of debt.","start":10435.17,"end":10438.29,"topics":[{"key":"debt-sustainability","label":"Debt Sustainability and Sovereign Debt Reform","description":"Delegations repeatedly highlighted rising debt distress, high debt-servicing costs, and the need for better debt treatment mechanisms. 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Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"Seven,","start":10458.37,"end":10458.93},{"text":"establishing","start":10459.01,"end":10459.73},{"text":"mechanisms","start":10459.73,"end":10460.33},{"text":"for","start":10460.33,"end":10460.53},{"text":"project","start":10460.53,"end":10460.89},{"text":"preparation","start":10460.89,"end":10461.49},{"text":"support","start":10461.49,"end":10461.89},{"text":"for","start":10461.89,"end":10462.01},{"text":"developing","start":10462.01,"end":10462.45},{"text":"countries,","start":10462.45,"end":10463.01},{"text":"such","start":10463.25,"end":10463.49},{"text":"as","start":10463.49,"end":10463.57},{"text":"a","start":10463.57,"end":10463.65},{"text":"pooled","start":10463.65,"end":10464.01},{"text":"technical","start":10464.01,"end":10464.53},{"text":"assistance","start":10464.53,"end":10465.09},{"text":"platform","start":10465.09,"end":10465.65},{"text":"mentioned","start":10465.73,"end":10466.29},{"text":"in","start":10466.29,"end":10466.53},{"text":"the","start":10466.53,"end":10466.73},{"text":"elements","start":10466.73,"end":10467.17},{"text":"paper.","start":10467.17,"end":10467.49}]},{"text":"8, reforming the trade regime to enhance export-led growth through expanded special and differential treatment for all developing countries, reviving the WTO's development agenda, avoiding new climate protectionism, and reforming dispute settlement provisions in trade and investment agreements.","start":10468.41,"end":10486.93,"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. Speakers called for WTO reform, stronger support for developing countries in trade, and safeguards against climate-related trade restrictions."}],"words":[{"text":"8,","start":10468.41,"end":10468.69},{"text":"reforming","start":10469.01,"end":10469.57},{"text":"the","start":10469.57,"end":10469.65},{"text":"trade","start":10469.65,"end":10469.97},{"text":"regime","start":10469.97,"end":10470.37},{"text":"to","start":10470.69,"end":10470.81},{"text":"enhance","start":10470.81,"end":10471.33},{"text":"export-led","start":10471.33,"end":10472.05},{"text":"growth","start":10472.05,"end":10472.41},{"text":"through","start":10472.53,"end":10472.73},{"text":"expanded","start":10472.73,"end":10473.33},{"text":"special","start":10473.33,"end":10473.81},{"text":"and","start":10473.81,"end":10474.01},{"text":"differential","start":10474.01,"end":10474.49},{"text":"treatment","start":10474.49,"end":10475.01},{"text":"for","start":10475.25,"end":10475.57},{"text":"all","start":10475.57,"end":10475.65},{"text":"developing","start":10475.65,"end":10476.21},{"text":"countries,","start":10476.21,"end":10476.77},{"text":"reviving","start":10477.01,"end":10477.57},{"text":"the","start":10477.57,"end":10477.65},{"text":"WTO's","start":10477.65,"end":10478.37},{"text":"development","start":10478.37,"end":10478.93},{"text":"agenda,","start":10478.93,"end":10479.49},{"text":"avoiding","start":10479.89,"end":10480.45},{"text":"new","start":10480.45,"end":10480.69},{"text":"climate","start":10480.69,"end":10481.13},{"text":"protectionism,","start":10481.13,"end":10481.97},{"text":"and","start":10482.37,"end":10482.61},{"text":"reforming","start":10482.61,"end":10483.57},{"text":"dispute","start":10483.57,"end":10484.05},{"text":"settlement","start":10484.05,"end":10484.57},{"text":"provisions","start":10484.57,"end":10485.17},{"text":"in","start":10485.17,"end":10485.41},{"text":"trade","start":10485.41,"end":10485.73},{"text":"and","start":10485.73,"end":10485.85},{"text":"investment","start":10485.85,"end":10486.33},{"text":"agreements.","start":10486.33,"end":10486.93}]},{"text":"Nine, reforming the technology and intellectual property regime to ensure preferential access on affordable terms for developing countries to the advanced technologies essential for achieving the SDGs and climate goals.","start":10487.81,"end":10499.41,"topics":[{"key":"digital-technology","label":"Digitalization and Technology Transfer","description":"Several delegations highlighted digital transformation as a cross-cutting enabler of development finance, from tax collection and debt management to financial inclusion and innovation. Others called for stronger technology transfer, digital public infrastructure, and capacity building for developing countries."}],"words":[{"text":"Nine,","start":10487.81,"end":10488.29},{"text":"reforming","start":10488.29,"end":10488.77},{"text":"the","start":10488.77,"end":10488.89},{"text":"technology","start":10488.89,"end":10489.57},{"text":"and","start":10489.57,"end":10489.69},{"text":"intellectual","start":10489.69,"end":10490.21},{"text":"property","start":10490.21,"end":10490.61},{"text":"regime","start":10490.61,"end":10491.09},{"text":"to","start":10491.41,"end":10491.53},{"text":"ensure","start":10491.53,"end":10491.89},{"text":"preferential","start":10491.89,"end":10492.53},{"text":"access","start":10492.53,"end":10493.01},{"text":"on","start":10493.01,"end":10493.17},{"text":"affordable","start":10493.17,"end":10493.65},{"text":"terms","start":10493.65,"end":10494.05},{"text":"for","start":10494.05,"end":10494.21},{"text":"developing","start":10494.21,"end":10494.61},{"text":"countries","start":10494.61,"end":10495.17},{"text":"to","start":10495.49,"end":10495.57},{"text":"the","start":10495.57,"end":10495.69},{"text":"advanced","start":10495.69,"end":10496.13},{"text":"technologies","start":10496.13,"end":10496.77},{"text":"essential","start":10496.77,"end":10497.25},{"text":"for","start":10497.25,"end":10497.41},{"text":"achieving","start":10497.41,"end":10497.77},{"text":"the","start":10497.77,"end":10497.85},{"text":"SDGs","start":10497.89,"end":10498.45},{"text":"and","start":10498.45,"end":10498.61},{"text":"climate","start":10498.61,"end":10499.01},{"text":"goals.","start":10499.01,"end":10499.41}]},{"text":"And lastly, ten, ensuring a balanced approach to public and private sources of finance and a balanced approach between domestic and international sources.","start":10499.97,"end":10510.53,"topics":[{"key":"private-finance","label":"Private Finance Mobilization","description":"Numerous interventions focused on using private capital to help close the SDG financing gap through blended finance, guarantees, bonds, PPPs, and improved investment conditions. Speakers also underlined the need for public policy and MDB support to de-risk investments and attract private investors."}],"words":[{"text":"And","start":10499.97,"end":10500.21},{"text":"lastly,","start":10500.21,"end":10500.69},{"text":"ten,","start":10500.69,"end":10501.17},{"text":"ensuring","start":10501.17,"end":10501.81},{"text":"a","start":10501.81,"end":10501.89},{"text":"balanced","start":10501.89,"end":10502.45},{"text":"approach","start":10502.45,"end":10503.01},{"text":"to","start":10503.73,"end":10504.05},{"text":"public","start":10504.37,"end":10504.89},{"text":"and","start":10504.89,"end":10505.09},{"text":"private","start":10505.09,"end":10505.41},{"text":"sources","start":10505.41,"end":10505.89},{"text":"of","start":10505.89,"end":10505.97},{"text":"finance","start":10505.97,"end":10506.53},{"text":"and","start":10506.61,"end":10507.09},{"text":"a","start":10507.09,"end":10507.17},{"text":"balanced","start":10507.17,"end":10507.57},{"text":"approach","start":10507.57,"end":10507.97},{"text":"between","start":10507.97,"end":10508.29},{"text":"domestic","start":10508.29,"end":10508.85},{"text":"and","start":10508.85,"end":10509.09},{"text":"international","start":10509.09,"end":10509.81},{"text":"sources.","start":10509.89,"end":10510.53}]},{"text":"I thank you.","start":10510.61,"end":10511.17,"topics":[],"words":[{"text":"I","start":10510.61,"end":10510.77},{"text":"thank","start":10510.77,"end":10511.01},{"text":"you.","start":10511.01,"end":10511.17}]}]}],"speaker":{"name":null,"affiliation":"PAK","affiliation_full":"Pakistan","group":null,"function":"Representative"}},{"statement_number":93,"start":10514.65,"pageUrl":"/es/asset/k1c/k1c3qg17j7?lang=en&t=10515","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of Pakistan.","start":10514.65,"end":10517.85,"topics":[],"words":[{"text":"I","start":10514.65,"end":10514.66},{"text":"thank","start":10514.65,"end":10514.93},{"text":"the","start":10514.93,"end":10515.05},{"text":"distinguished","start":10515.05,"end":10515.61},{"text":"representative","start":10515.61,"end":10516.41},{"text":"of","start":10516.53,"end":10516.73},{"text":"Pakistan.","start":10516.97,"end":10517.85}]}]},{"sentences":[{"text":"We have just heard the last speaker for this meeting.","start":10518.41,"end":10520.89,"topics":[],"words":[{"text":"We","start":10518.41,"end":10518.53},{"text":"have","start":10518.53,"end":10518.65},{"text":"just","start":10518.65,"end":10518.89},{"text":"heard","start":10518.89,"end":10519.13},{"text":"the","start":10519.13,"end":10519.25},{"text":"last","start":10519.25,"end":10519.53},{"text":"speaker","start":10519.53,"end":10520.09},{"text":"for","start":10520.09,"end":10520.21},{"text":"this","start":10520.21,"end":10520.33},{"text":"meeting.","start":10520.33,"end":10520.89}]},{"text":"We shall continue with a list of speakers for general statements tomorrow, Wednesday, December 4th at 10 a.m. in this conference room.","start":10521.53,"end":10530.17,"topics":[],"words":[{"text":"We","start":10521.53,"end":10521.73},{"text":"shall","start":10521.73,"end":10521.85},{"text":"continue","start":10521.85,"end":10522.29},{"text":"with","start":10522.29,"end":10522.45},{"text":"a","start":10522.45,"end":10522.49},{"text":"list","start":10522.49,"end":10522.81},{"text":"of","start":10522.81,"end":10522.89},{"text":"speakers","start":10522.89,"end":10523.37},{"text":"for","start":10523.37,"end":10523.53},{"text":"general","start":10523.53,"end":10523.85},{"text":"statements","start":10523.85,"end":10524.41},{"text":"tomorrow,","start":10524.41,"end":10525.21},{"text":"Wednesday,","start":10525.69,"end":10526.57},{"text":"December","start":10526.57,"end":10527.13},{"text":"4th","start":10527.13,"end":10527.61},{"text":"at","start":10527.69,"end":10527.97},{"text":"10","start":10527.97,"end":10528.25},{"text":"a.m.","start":10528.25,"end":10528.65},{"text":"in","start":10528.73,"end":10528.97},{"text":"this","start":10528.97,"end":10529.13},{"text":"conference","start":10529.13,"end":10529.77},{"text":"room.","start":10529.77,"end":10530.17}]}]},{"sentences":[{"text":"This meeting is now adjourned.","start":10530.65,"end":10532.25,"topics":[],"words":[{"text":"This","start":10530.65,"end":10530.89},{"text":"meeting","start":10530.89,"end":10531.17},{"text":"is","start":10531.17,"end":10531.29},{"text":"now","start":10531.29,"end":10531.61},{"text":"adjourned.","start":10531.61,"end":10532.25}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":"Chair"}}],"topics":[{"key":"trade-reform","label":"Trade and WTO Reform","description":"Trade was repeatedly framed as a key driver of development, alongside concerns about protectionism, non-tariff barriers, and unfair trade-related measures. 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