{"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/fr/asset/k1f/k1fgfoxbbm?lang=en","llms":{"note":"Plain-text sibling of this page, compact for LLM context. 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warm welcome to everyone who made the long trip to Geneva.","start":338.21,"end":340.97,"topics":[],"words":[{"text":"A","start":338.21,"end":338.25},{"text":"warm","start":338.25,"end":338.41},{"text":"welcome","start":338.41,"end":338.69},{"text":"to","start":338.69,"end":338.81},{"text":"everyone","start":338.81,"end":339.25},{"text":"who","start":339.25,"end":339.41},{"text":"made","start":339.41,"end":339.61},{"text":"the","start":339.61,"end":339.77},{"text":"long","start":339.81,"end":340.21},{"text":"trip","start":340.21,"end":340.49},{"text":"to","start":340.49,"end":340.61},{"text":"Geneva.","start":340.61,"end":340.97}]},{"text":"I know some actually made a very long trip.","start":340.97,"end":342.93,"topics":[],"words":[{"text":"I","start":340.97,"end":341.09},{"text":"know","start":341.09,"end":341.33},{"text":"some","start":341.33,"end":341.57},{"text":"actually","start":341.57,"end":341.97},{"text":"made","start":341.97,"end":342.25},{"text":"a","start":342.25,"end":342.29},{"text":"very","start":342.29,"end":342.49},{"text":"long","start":342.49,"end":342.61},{"text":"trip.","start":342.61,"end":342.93}]},{"text":"We appreciate your presence.","start":342.93,"end":343.97,"topics":[],"words":[{"text":"We","start":342.93,"end":343.01},{"text":"appreciate","start":343.01,"end":343.41},{"text":"your","start":343.41,"end":343.53},{"text":"presence.","start":343.53,"end":343.97}]},{"text":"And of course, to those who are joining us online as well.","start":344.33,"end":347.27,"topics":[],"words":[{"text":"And","start":344.33,"end":344.45},{"text":"of","start":344.45,"end":344.53},{"text":"course,","start":344.53,"end":344.77},{"text":"to","start":344.77,"end":344.97},{"text":"those","start":344.97,"end":345.33},{"text":"who","start":345.59,"end":345.75},{"text":"are","start":345.75,"end":345.91},{"text":"joining","start":345.91,"end":346.23},{"text":"us","start":346.23,"end":346.47},{"text":"online","start":346.47,"end":346.83},{"text":"as","start":346.83,"end":346.95},{"text":"well.","start":346.95,"end":347.27}]},{"text":"Let me thank the ILO and the World Bank for making this conference possible and for the excellent cooperation in preparing 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FWS Geneva, we're seeing this as a starting point for a renewed and reinforced partnership.","start":353.67,"end":359.75,"topics":[],"words":[{"text":"As","start":353.67,"end":353.75},{"text":"FWS","start":354.07,"end":354.79},{"text":"Geneva,","start":354.87,"end":355.35},{"text":"we're","start":355.35,"end":355.51},{"text":"seeing","start":355.51,"end":355.75},{"text":"this","start":355.75,"end":355.91},{"text":"as","start":355.91,"end":356.07},{"text":"a","start":356.55,"end":356.59},{"text":"starting","start":356.59,"end":357.11},{"text":"point","start":357.11,"end":357.51},{"text":"for","start":357.51,"end":357.63},{"text":"a","start":357.63,"end":357.67},{"text":"renewed","start":357.67,"end":358.15},{"text":"and","start":358.15,"end":358.39},{"text":"reinforced","start":358.39,"end":359.19},{"text":"partnership.","start":359.19,"end":359.75}]},{"text":"For the Friedrich Ebert Foundation, social protection is not a peripheral policy 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."},{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. Discussion emphasized redistribution and addressing structural causes of inequality."}],"words":[{"text":"Solidarity,","start":376.36,"end":377.08},{"text":"equality,","start":377.24,"end":377.96},{"text":"social","start":377.96,"end":378.36},{"text":"justice.","start":378.36,"end":378.92}]},{"text":"As Germany's oldest political foundation, we approach this subject from a social democratic perspective.","start":379.24,"end":384.76,"topics":[],"words":[{"text":"As","start":379.24,"end":379.4},{"text":"Germany's","start":379.4,"end":380.04},{"text":"oldest","start":380.04,"end":380.36},{"text":"political","start":380.36,"end":380.72},{"text":"foundation,","start":380.72,"end":381.16},{"text":"we","start":381.16,"end":381.28},{"text":"approach","start":381.28,"end":381.64},{"text":"this","start":381.64,"end":382.04},{"text":"subject","start":382.44,"end":383},{"text":"from","start":383,"end":383.24},{"text":"a","start":383.24,"end":383.32},{"text":"social","start":383.32,"end":383.6},{"text":"democratic","start":383.6,"end":384.08},{"text":"perspective.","start":384.08,"end":384.76}]},{"text":"We believe that the quality of life and the quality of a society should also be measured by how the society treats people when they face difficult circumstances and by whether everyone has a fair chance to participate in economic and social life.","start":384.76,"end":399.88,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."}],"words":[{"text":"It","start":478.11,"end":478.19},{"text":"can","start":478.19,"end":478.35},{"text":"give","start":478.35,"end":478.51},{"text":"people","start":478.51,"end":478.83},{"text":"the","start":478.83,"end":478.91},{"text":"confidence","start":479.47,"end":480.19},{"text":"to","start":480.19,"end":480.35},{"text":"adapt,","start":480.43,"end":481.03},{"text":"to","start":481.03,"end":481.11},{"text":"acquire","start":481.11,"end":481.47},{"text":"new","start":481.47,"end":481.63},{"text":"skills,","start":481.63,"end":482.19},{"text":"to","start":482.83,"end":483.11},{"text":"take","start":483.11,"end":483.27},{"text":"up","start":483.27,"end":483.43},{"text":"employment","start":483.43,"end":484.07},{"text":"and","start":484.07,"end":484.23},{"text":"to","start":484.23,"end":484.43},{"text":"navigate","start":484.51,"end":484.99},{"text":"changes","start":484.99,"end":485.71},{"text":"in","start":485.83,"end":486.11},{"text":"their","start":486.11,"end":486.27},{"text":"working","start":486.27,"end":486.55},{"text":"lives,","start":486.55,"end":486.95},{"text":"and","start":486.95,"end":487.15},{"text":"it","start":487.15,"end":487.31},{"text":"can","start":487.31,"end":487.47},{"text":"help","start":487.47,"end":487.67},{"text":"ensure","start":487.67,"end":488.11},{"text":"that","start":488.11,"end":488.43},{"text":"economic","start":488.95,"end":489.39},{"text":"progress","start":489.39,"end":489.87},{"text":"is","start":489.87,"end":490.11},{"text":"not","start":490.11,"end":490.27},{"text":"reserved","start":490.27,"end":490.75},{"text":"for","start":490.75,"end":490.91},{"text":"those","start":490.91,"end":491.39},{"text":"who","start":491.39,"end":491.55},{"text":"are","start":491.55,"end":491.63},{"text":"already","start":491.63,"end":492.03},{"text":"in","start":492.03,"end":492.15},{"text":"a","start":492.15,"end":492.19},{"text":"secure","start":492.19,"end":492.75},{"text":"position.","start":492.91,"end":493.31}]},{"text":"This is particularly important in the world of work changes.","start":494.65,"end":497.77,"topics":[{"key":"changing-world-work","label":"Changing World of Work","description":"Adapting social protection to informal employment, platform work, and technological changes associated with artificial intelligence and robotics. Speakers discussed decent wages and working conditions, reduced working hours, and sharing productivity gains."}],"words":[{"text":"This","start":494.65,"end":494.93},{"text":"is","start":494.93,"end":495.13},{"text":"particularly","start":495.21,"end":495.81},{"text":"important","start":495.81,"end":496.21},{"text":"in","start":496.21,"end":496.29},{"text":"the","start":496.29,"end":496.37},{"text":"world","start":496.37,"end":496.69},{"text":"of","start":496.69,"end":496.89},{"text":"work","start":496.97,"end":497.21},{"text":"changes.","start":497.21,"end":497.77}]},{"text":"There are many reasons why I believe it's encouraging that the conference program introduction states that this is not a story of retreat.","start":498.17,"end":506.25,"topics":[],"words":[{"text":"There","start":498.17,"end":498.33},{"text":"are","start":498.33,"end":498.41},{"text":"many","start":498.41,"end":498.73},{"text":"reasons","start":498.73,"end":499.13},{"text":"why","start":499.13,"end":499.25},{"text":"I","start":499.25,"end":499.29},{"text":"believe","start":499.29,"end":499.57},{"text":"it's","start":499.57,"end":499.85},{"text":"encouraging","start":500.29,"end":500.93},{"text":"that","start":500.93,"end":501.05},{"text":"the","start":501.05,"end":501.13},{"text":"conference","start":501.13,"end":501.61},{"text":"program","start":501.61,"end":501.97},{"text":"introduction","start":501.97,"end":502.65},{"text":"states","start":503.37,"end":504.09},{"text":"that","start":504.09,"end":504.37},{"text":"this","start":504.37,"end":504.53},{"text":"is","start":504.53,"end":504.73},{"text":"not","start":504.81,"end":505.13},{"text":"a","start":505.13,"end":505.21},{"text":"story","start":505.21,"end":505.61},{"text":"of","start":505.61,"end":505.69},{"text":"retreat.","start":505.69,"end":506.25}]},{"text":"Yet, many people work without the protection that others take for granted.","start":507.61,"end":512.17,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"Yet,","start":507.61,"end":507.93},{"text":"many","start":507.93,"end":508.25},{"text":"people","start":508.25,"end":508.81},{"text":"work","start":509.45,"end":509.85},{"text":"without","start":509.85,"end":510.13},{"text":"the","start":510.13,"end":510.25},{"text":"protection","start":510.25,"end":510.73},{"text":"that","start":510.73,"end":510.97},{"text":"others","start":511.13,"end":511.41},{"text":"take","start":511.41,"end":511.61},{"text":"for","start":511.61,"end":511.73},{"text":"granted.","start":511.73,"end":512.17}]},{"text":"New forms of employment and increasingly diverse working arrangement also challenge systems that were designed around more traditional employment relationships.","start":512.65,"end":521.21,"topics":[{"key":"changing-world-work","label":"Changing World of Work","description":"Adapting social protection to informal employment, platform work, and technological changes associated with artificial intelligence and robotics. 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hope that we'll be willing to address the difficult questions openly, challenge some of our assumptions, and leave this conference with fresh ideas about how to move 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you once again to the ILO for the partnership, to all colleagues who have contributed.","start":594.06,"end":598.22,"topics":[],"words":[{"text":"Thank","start":594.06,"end":594.3},{"text":"you","start":594.3,"end":594.38},{"text":"once","start":594.38,"end":594.54},{"text":"again","start":594.54,"end":594.74},{"text":"to","start":594.74,"end":594.86},{"text":"the","start":594.86,"end":594.98},{"text":"ILO","start":594.98,"end":595.5},{"text":"for","start":595.9,"end":596.06},{"text":"the","start":596.06,"end":596.18},{"text":"partnership,","start":596.22,"end":596.7},{"text":"to","start":596.7,"end":596.86},{"text":"all","start":596.86,"end":596.94},{"text":"colleagues","start":596.94,"end":597.34},{"text":"who","start":597.34,"end":597.42},{"text":"have","start":597.42,"end":597.54},{"text":"contributed.","start":597.54,"end":598.22}]},{"text":"to organizing 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wish you a very productive and stimulating discussion.","start":607.81,"end":609.81,"topics":[],"words":[{"text":"I","start":607.81,"end":607.89},{"text":"wish","start":607.89,"end":608.05},{"text":"you","start":608.05,"end":608.13},{"text":"a","start":608.13,"end":608.17},{"text":"very","start":608.17,"end":608.33},{"text":"productive","start":608.33,"end":608.69},{"text":"and","start":608.69,"end":608.81},{"text":"stimulating","start":608.81,"end":609.25},{"text":"discussion.","start":609.25,"end":609.81}]},{"text":"Thank you very much.","start":609.89,"end":610.45,"topics":[],"words":[{"text":"Thank","start":609.89,"end":610.09},{"text":"you","start":610.09,"end":610.17},{"text":"very","start":610.17,"end":610.33},{"text":"much.","start":610.33,"end":610.45}]}]}],"speaker":{"affiliation":"FES","group":null,"function":null,"affiliation_full":"FES"}},{"statement_number":4,"start":612.21,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=10:13","paragraphs":[{"sentences":[{"text":"Thanks a lot, Christopher.","start":612.21,"end":613.09,"topics":[],"words":[{"text":"Thanks","start":612.21,"end":612.45},{"text":"a","start":612.45,"end":612.49},{"text":"lot,","start":612.49,"end":612.61},{"text":"Christopher.","start":612.61,"end":613.09}]},{"text":"Over to Adia.","start":613.09,"end":613.81,"topics":[],"words":[{"text":"Over","start":613.09,"end":613.33},{"text":"to","start":613.33,"end":613.45},{"text":"Adia.","start":613.45,"end":613.81}]}]}],"speaker":{"affiliation":null,"group":null,"function":"Moderator","affiliation_full":null}},{"statement_number":5,"start":616.69,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=10:17","paragraphs":[{"sentences":[{"text":"Good morning, everyone, and a very warm welcome.","start":616.69,"end":619.41,"topics":[],"words":[{"text":"Good","start":616.69,"end":616.85},{"text":"morning,","start":616.85,"end":617.17},{"text":"everyone,","start":617.17,"end":617.57},{"text":"and","start":617.97,"end":618.17},{"text":"a","start":618.17,"end":618.21},{"text":"very","start":618.21,"end":618.45},{"text":"warm","start":618.45,"end":618.69},{"text":"welcome.","start":618.85,"end":619.41}]},{"text":"I must say it's so nice to see so many of us in 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a real pleasure to welcome you all today on behalf of the World Bank as the co-chair for the Universal Social Protection 2030 Partnership to this conversation on USP in a changing 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me begin by thanking our partner, the ILO, and I will try the Friedrich Ebert Stiftung.","start":641.3,"end":647.14,"topics":[],"words":[{"text":"Let","start":641.3,"end":641.42},{"text":"me","start":641.42,"end":641.54},{"text":"begin","start":641.54,"end":642.18},{"text":"by","start":642.18,"end":642.34},{"text":"thanking","start":642.34,"end":642.82},{"text":"our","start":642.82,"end":642.98},{"text":"partner,","start":642.98,"end":643.34},{"text":"the","start":643.34,"end":643.42},{"text":"ILO,","start":643.42,"end":643.94},{"text":"and","start":644.26,"end":644.42},{"text":"I","start":644.42,"end":644.46},{"text":"will","start":644.46,"end":644.58},{"text":"try","start":644.58,"end":645.06},{"text":"the","start":645.38,"end":645.5},{"text":"Friedrich","start":645.5,"end":645.98},{"text":"Ebert","start":646.18,"end":646.5},{"text":"Stiftung.","start":646.5,"end":647.14}]},{"text":"I think I did 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agenda.","start":652.39,"end":656.15,"topics":[],"words":[{"text":"I","start":652.39,"end":652.55},{"text":"think","start":652.55,"end":652.71},{"text":"we're","start":652.71,"end":652.91},{"text":"meeting","start":652.91,"end":653.19},{"text":"at","start":653.19,"end":653.35},{"text":"a","start":654.23,"end":654.27},{"text":"unusually","start":654.27,"end":654.75},{"text":"important","start":654.75,"end":655.11},{"text":"moment","start":655.11,"end":655.47},{"text":"for","start":655.47,"end":655.59},{"text":"this","start":655.59,"end":655.75},{"text":"agenda.","start":655.75,"end":656.15}]},{"text":"Over the past decade, social protection has moved significantly closer to the center of the development 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"We","start":663.99,"end":664.15},{"text":"understand","start":664.15,"end":664.87},{"text":"much","start":664.87,"end":665.11},{"text":"better","start":665.11,"end":665.31},{"text":"today","start":665.31,"end":665.51},{"text":"that","start":665.51,"end":665.67},{"text":"social","start":665.67,"end":665.91},{"text":"protection","start":665.91,"end":666.31},{"text":"is","start":666.31,"end":666.47},{"text":"not","start":666.47,"end":666.63},{"text":"something","start":666.63,"end":666.99},{"text":"that","start":666.99,"end":667.11},{"text":"you","start":667.11,"end":667.19},{"text":"invest","start":667.19,"end":667.47},{"text":"in","start":667.47,"end":667.59},{"text":"only","start":667.59,"end":667.99},{"text":"when","start":668.19,"end":668.39},{"text":"the","start":668.87,"end":668.99},{"text":"countries","start":668.99,"end":669.27},{"text":"become","start":669.27,"end":669.51},{"text":"prosperous.","start":669.51,"end":670.23}]},{"text":"It is part of how the countries build prosperity, resilience, and social cohesion in the first place.","start":670.63,"end":675.19,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. 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Speakers called for predictable resources, debt reform, and international cooperation to support national systems."}],"words":[{"text":"At","start":694.31,"end":694.39},{"text":"the","start":694.39,"end":694.51},{"text":"same","start":694.51,"end":694.79},{"text":"time,","start":694.79,"end":694.99},{"text":"as","start":694.99,"end":695.11},{"text":"we","start":695.11,"end":695.19},{"text":"know,","start":695.19,"end":695.51},{"text":"fiscal","start":696.23,"end":696.63},{"text":"space","start":696.63,"end":696.87},{"text":"is","start":696.87,"end":697.03},{"text":"constrained,","start":697.03,"end":697.83},{"text":"debt","start":697.99,"end":698.23},{"text":"pressures","start":698.23,"end":698.71},{"text":"are","start":698.71,"end":698.79},{"text":"significant,","start":698.79,"end":699.51},{"text":"ODA","start":699.51,"end":699.87},{"text":"is","start":699.87,"end":700.15},{"text":"declining,","start":700.15,"end":700.79},{"text":"and","start":700.79,"end":700.99},{"text":"geopolitical","start":700.99,"end":701.67},{"text":"tensions","start":701.67,"end":702.23},{"text":"are","start":702.23,"end":702.47},{"text":"putting","start":702.47,"end":702.71},{"text":"pressure","start":702.71,"end":703.11},{"text":"on","start":703.11,"end":703.27},{"text":"multilateral","start":703.27,"end":703.91},{"text":"cooperation.","start":703.91,"end":704.55}]},{"text":"So perhaps the question for us today is not simply whether social protection is important.","start":705.19,"end":709.19,"topics":[],"words":[{"text":"So","start":705.19,"end":705.35},{"text":"perhaps","start":705.35,"end":705.71},{"text":"the","start":705.71,"end":705.83},{"text":"question","start":705.83,"end":706.15},{"text":"for","start":706.15,"end":706.31},{"text":"us","start":706.31,"end":706.43},{"text":"today","start":706.43,"end":706.67},{"text":"is","start":706.67,"end":706.79},{"text":"not","start":706.79,"end":707.03},{"text":"simply","start":707.03,"end":707.47},{"text":"whether","start":707.47,"end":707.83},{"text":"social","start":707.83,"end":708.15},{"text":"protection","start":708.15,"end":708.51},{"text":"is","start":708.51,"end":708.59},{"text":"important.","start":708.59,"end":709.19}]},{"text":"and matters, I think we have established that.","start":709.64,"end":711.32,"topics":[],"words":[{"text":"and","start":709.64,"end":709.8},{"text":"matters,","start":709.8,"end":710.2},{"text":"I","start":710.2,"end":710.24},{"text":"think","start":710.24,"end":710.4},{"text":"we","start":710.4,"end":710.48},{"text":"have","start":710.48,"end":710.64},{"text":"established","start":710.64,"end":711.04},{"text":"that.","start":711.04,"end":711.32}]},{"text":"I think what is important for us today is the harder question of how do we sustain the ambition on universal social protection in this new reality, and how do we translate that ambition into something countries can actually deliver?","start":711.72,"end":724.2,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"I","start":711.72,"end":711.8},{"text":"think","start":711.8,"end":711.96},{"text":"what","start":711.96,"end":712.12},{"text":"is","start":712.12,"end":712.24},{"text":"important","start":712.24,"end":712.64},{"text":"for","start":712.64,"end":712.8},{"text":"us","start":712.8,"end":712.96},{"text":"today","start":712.96,"end":713.24},{"text":"is","start":713.24,"end":713.56},{"text":"the","start":714.12,"end":714.28},{"text":"harder","start":714.28,"end":714.64},{"text":"question","start":714.64,"end":715},{"text":"of","start":715,"end":715.24},{"text":"how","start":715.56,"end":715.8},{"text":"do","start":715.8,"end":716},{"text":"we","start":716,"end":716.12},{"text":"sustain","start":716.12,"end":716.92},{"text":"the","start":716.92,"end":717.12},{"text":"ambition","start":717.12,"end":717.52},{"text":"on","start":717.52,"end":717.64},{"text":"universal","start":717.64,"end":718.16},{"text":"social","start":718.16,"end":718.4},{"text":"protection","start":718.4,"end":719},{"text":"in","start":719.24,"end":719.44},{"text":"this","start":719.44,"end":719.64},{"text":"new","start":719.64,"end":719.8},{"text":"reality,","start":719.8,"end":720.52},{"text":"and","start":720.76,"end":720.92},{"text":"how","start":720.92,"end":721.08},{"text":"do","start":721.08,"end":721.24},{"text":"we","start":721.24,"end":721.32},{"text":"translate","start":721.32,"end":721.92},{"text":"that","start":721.92,"end":722.08},{"text":"ambition","start":722.08,"end":722.4},{"text":"into","start":722.4,"end":722.6},{"text":"something","start":722.6,"end":722.96},{"text":"countries","start":722.96,"end":723.4},{"text":"can","start":723.4,"end":723.52},{"text":"actually","start":723.52,"end":723.8},{"text":"deliver?","start":723.8,"end":724.2}]},{"text":"That means making a stronger case for social protection, economically as well as socially.","start":725.32,"end":729.96,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."}],"words":[{"text":"That","start":725.32,"end":725.48},{"text":"means","start":725.48,"end":725.96},{"text":"making","start":726.12,"end":726.52},{"text":"a","start":726.52,"end":726.6},{"text":"stronger","start":726.6,"end":727},{"text":"case","start":727,"end":727.2},{"text":"for","start":727.2,"end":727.32},{"text":"social","start":727.32,"end":727.56},{"text":"protection,","start":727.56,"end":728.12},{"text":"economically","start":728.24,"end":729},{"text":"as","start":729.08,"end":729.28},{"text":"well","start":729.28,"end":729.4},{"text":"as","start":729.4,"end":729.48},{"text":"socially.","start":729.48,"end":729.96}]},{"text":"It means confronting difficult questions about financing and sustainability.","start":730.36,"end":734.52,"topics":[{"key":"social-protection-financing","label":"Social Protection Financing","description":"Securing sustainable financing amid constrained fiscal space, debt burdens, declining development assistance, and competing spending priorities. Speakers called for predictable resources, debt reform, and international cooperation to support national systems."}],"words":[{"text":"It","start":730.36,"end":730.56},{"text":"means","start":730.56,"end":730.76},{"text":"confronting","start":730.76,"end":731.24},{"text":"difficult","start":731.24,"end":731.68},{"text":"questions","start":731.68,"end":732.28},{"text":"about","start":732.6,"end":732.88},{"text":"financing","start":732.88,"end":733.48},{"text":"and","start":733.48,"end":733.6},{"text":"sustainability.","start":733.6,"end":734.52}]},{"text":"It means thinking about how social protection connects to jobs and the wider economy.","start":734.84,"end":739.6,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."},{"key":"changing-world-work","label":"Changing World of Work","description":"Adapting social protection to informal employment, platform work, and technological changes associated with artificial intelligence and robotics. Speakers discussed decent wages and working conditions, reduced working hours, and sharing productivity gains."}],"words":[{"text":"It","start":734.84,"end":734.92},{"text":"means","start":734.92,"end":735.16},{"text":"thinking","start":735.16,"end":735.4},{"text":"about","start":735.4,"end":735.64},{"text":"how","start":735.64,"end":735.96},{"text":"social","start":735.96,"end":736.28},{"text":"protection","start":736.28,"end":736.92},{"text":"connects","start":737.36,"end":737.92},{"text":"to","start":737.92,"end":738},{"text":"jobs","start":738,"end":738.4},{"text":"and","start":738.4,"end":738.52},{"text":"the","start":738.52,"end":738.6},{"text":"wider","start":738.6,"end":739},{"text":"economy.","start":739,"end":739.6}]},{"text":"And importantly, it means moving from global commitments to country-owned systems that work in practice and can respond as people's lives and economies change.","start":740.16,"end":748.16,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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is where partnerships like USB 2030 matter.","start":748.8,"end":752.24,"topics":[],"words":[{"text":"This","start":748.8,"end":749.04},{"text":"is","start":749.04,"end":749.24},{"text":"where","start":749.24,"end":749.52},{"text":"partnerships","start":749.52,"end":750.08},{"text":"like","start":750.08,"end":750.32},{"text":"USB","start":750.8,"end":751.2},{"text":"2030","start":751.2,"end":751.68},{"text":"matter.","start":751.68,"end":752.24}]},{"text":"We bring together governments, international organizations, social partners, civil society, and development partners around a shared 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across countries and institutions, and more effective cooperation around country priorities.","start":760.48,"end":772.48,"topics":[],"words":[{"text":"And","start":760.48,"end":760.64},{"text":"our","start":760.64,"end":760.8},{"text":"challenge","start":760.8,"end":761.28},{"text":"now","start":761.32,"end":761.44},{"text":"is","start":761.48,"end":761.6},{"text":"to","start":761.6,"end":761.68},{"text":"turn","start":761.68,"end":761.92},{"text":"that","start":761.92,"end":762.04},{"text":"collective","start":762.04,"end":762.44},{"text":"strength","start":762.44,"end":762.88},{"text":"into","start":763.28,"end":763.6},{"text":"practical","start":763.6,"end":764.04},{"text":"value,","start":764.04,"end":764.48},{"text":"stronger","start":764.88,"end":765.44},{"text":"evidence","start":765.44,"end":765.88},{"text":"and","start":766.16,"end":766.36},{"text":"advocacy,","start":766.36,"end":767.04},{"text":"better","start":767.52,"end":767.84},{"text":"learning","start":767.84,"end":768.16},{"text":"across","start":768.16,"end":768.48},{"text":"countries","start":768.48,"end":768.8},{"text":"and","start":768.8,"end":768.92},{"text":"institutions,","start":768.92,"end":769.68},{"text":"and","start":769.88,"end":770},{"text":"more","start":770,"end":770.2},{"text":"effective","start":770.2,"end":770.64},{"text":"cooperation","start":770.64,"end":771.2},{"text":"around","start":771.2,"end":771.44},{"text":"country","start":771.44,"end":771.76},{"text":"priorities.","start":771.76,"end":772.48}]},{"text":"These themes are also reflected in our current work agenda under the USP 2030 partnerships, which focuses on advocacy, knowledge development and sharing, technical exchange, and partnership governance.","start":773.12,"end":784.04,"topics":[],"words":[{"text":"These","start":773.12,"end":773.4},{"text":"themes","start":773.4,"end":773.72},{"text":"are","start":773.72,"end":773.8},{"text":"also","start":773.8,"end":774},{"text":"reflected","start":774,"end":774.48},{"text":"in","start":774.48,"end":774.64},{"text":"our","start":774.64,"end":774.96},{"text":"current","start":774.96,"end":775.52},{"text":"work","start":775.84,"end":776.16},{"text":"agenda","start":776.16,"end":776.76},{"text":"under","start":776.76,"end":777},{"text":"the","start":777,"end":777.08},{"text":"USP","start":777.08,"end":777.36},{"text":"2030","start":777.36,"end":777.76},{"text":"partnerships,","start":777.76,"end":778.28},{"text":"which","start":778.6,"end":778.84},{"text":"focuses","start":778.84,"end":779.28},{"text":"on","start":779.28,"end":779.36},{"text":"advocacy,","start":779.36,"end":780.08},{"text":"knowledge","start":780.4,"end":780.72},{"text":"development","start":780.72,"end":781.16},{"text":"and","start":781.16,"end":781.28},{"text":"sharing,","start":781.28,"end":781.76},{"text":"technical","start":782,"end":782.44},{"text":"exchange,","start":782.44,"end":783.04},{"text":"and","start":783.04,"end":783.2},{"text":"partnership","start":783.2,"end":783.64},{"text":"governance.","start":783.64,"end":784.04}]},{"text":"So as we move through today's discussion, I would invite us to keep one question in mind.","start":785.6,"end":790,"topics":[],"words":[{"text":"So","start":785.6,"end":785.8},{"text":"as","start":785.8,"end":785.92},{"text":"we","start":785.92,"end":786},{"text":"move","start":786,"end":786.24},{"text":"through","start":786.24,"end":786.4},{"text":"today's","start":786.4,"end":786.76},{"text":"discussion,","start":786.76,"end":787.44},{"text":"I","start":787.6,"end":787.76},{"text":"would","start":787.76,"end":787.92},{"text":"invite","start":787.92,"end":788.2},{"text":"us","start":788.2,"end":788.32},{"text":"to","start":788.32,"end":788.4},{"text":"keep","start":788.4,"end":788.56},{"text":"one","start":788.56,"end":788.88},{"text":"question","start":788.88,"end":789.44},{"text":"in","start":789.44,"end":789.56},{"text":"mind.","start":789.56,"end":790}]},{"text":"What do we need to do differently, individually and collectively?","start":790.96,"end":794.32,"topics":[],"words":[{"text":"What","start":790.96,"end":791.24},{"text":"do","start":791.24,"end":791.32},{"text":"we","start":791.32,"end":791.44},{"text":"need","start":791.44,"end":791.6},{"text":"to","start":791.6,"end":791.68},{"text":"do","start":791.68,"end":791.84},{"text":"differently,","start":791.84,"end":792.32},{"text":"individually","start":792.64,"end":793.44},{"text":"and","start":793.44,"end":793.6},{"text":"collectively?","start":793.6,"end":794.32}]},{"text":"to keep universal social protection achievable in a world that looks very different from the one in which many of our commitments were first made.","start":794.83,"end":802.35,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"to","start":794.83,"end":794.91},{"text":"keep","start":794.91,"end":795.15},{"text":"universal","start":795.15,"end":795.59},{"text":"social","start":795.59,"end":795.83},{"text":"protection","start":795.83,"end":796.19},{"text":"achievable","start":796.19,"end":796.99},{"text":"in","start":797.23,"end":797.43},{"text":"a","start":797.43,"end":797.47},{"text":"world","start":797.47,"end":797.75},{"text":"that","start":797.75,"end":797.87},{"text":"looks","start":797.87,"end":798.07},{"text":"very","start":798.07,"end":798.43},{"text":"different","start":798.43,"end":798.95},{"text":"from","start":799.15,"end":799.39},{"text":"the","start":799.39,"end":799.47},{"text":"one","start":799.47,"end":799.95},{"text":"in","start":799.95,"end":800.19},{"text":"which","start":800.19,"end":800.51},{"text":"many","start":800.51,"end":800.83},{"text":"of","start":800.83,"end":800.91},{"text":"our","start":800.91,"end":800.99},{"text":"commitments","start":800.99,"end":801.63},{"text":"were","start":801.63,"end":801.75},{"text":"first","start":801.75,"end":801.95},{"text":"made.","start":801.95,"end":802.35}]},{"text":"I hope today we can be candid about the challenges, but equally ambitious about the solution, because a more difficult global environment should not lead us to lower our standards.","start":803.15,"end":813.39,"topics":[],"words":[{"text":"I","start":803.15,"end":803.23},{"text":"hope","start":803.23,"end":803.47},{"text":"today","start":803.47,"end":803.71},{"text":"we","start":804.11,"end":804.31},{"text":"can","start":804.31,"end":804.43},{"text":"be","start":804.43,"end":804.55},{"text":"candid","start":804.55,"end":805.03},{"text":"about","start":805.03,"end":805.23},{"text":"the","start":805.23,"end":805.31},{"text":"challenges,","start":805.31,"end":805.95},{"text":"but","start":806.11,"end":806.31},{"text":"equally","start":806.35,"end":806.75},{"text":"ambitious","start":806.75,"end":807.31},{"text":"about","start":807.47,"end":807.75},{"text":"the","start":807.75,"end":807.83},{"text":"solution,","start":807.83,"end":808.35},{"text":"because","start":808.99,"end":809.47},{"text":"a","start":809.63,"end":809.71},{"text":"more","start":809.71,"end":810.03},{"text":"difficult","start":810.03,"end":810.55},{"text":"global","start":810.55,"end":810.83},{"text":"environment","start":810.83,"end":811.35},{"text":"should","start":811.47,"end":811.75},{"text":"not","start":811.75,"end":811.87},{"text":"lead","start":811.87,"end":812.11},{"text":"us","start":812.11,"end":812.23},{"text":"to","start":812.23,"end":812.31},{"text":"lower","start":812.31,"end":812.75},{"text":"our","start":812.75,"end":812.83},{"text":"standards.","start":812.83,"end":813.39}]},{"text":"It should push us to become clearer about the case we make, smarter about how we finance and implement social protection, and better at working together.","start":813.87,"end":822.67,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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two prominent speakers, and I'm really delighted to welcome online both Lucas Chancel.","start":897.16,"end":905.56,"topics":[],"words":[{"text":"They're","start":897.16,"end":897.4},{"text":"two","start":897.4,"end":897.8},{"text":"prominent","start":897.8,"end":898.28},{"text":"speakers,","start":898.28,"end":899.04},{"text":"and","start":899.04,"end":899.16},{"text":"I'm","start":899.16,"end":899.4},{"text":"really","start":899.4,"end":899.96},{"text":"delighted","start":899.96,"end":900.76},{"text":"to","start":901.16,"end":901.32},{"text":"welcome","start":901.32,"end":901.96},{"text":"online","start":901.96,"end":902.84},{"text":"both","start":903.56,"end":903.88},{"text":"Lucas","start":904.12,"end":904.76},{"text":"Chancel.","start":905.08,"end":905.56}]},{"text":"I hope you're connected, Lucas, who is 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welcome to you both.","start":936.72,"end":938.16,"topics":[],"words":[{"text":"So","start":936.72,"end":937.04},{"text":"welcome","start":937.04,"end":937.44},{"text":"to","start":937.44,"end":937.56},{"text":"you","start":937.56,"end":937.68},{"text":"both.","start":937.68,"end":938.16}]},{"text":"I don't think you needed any introduction.","start":938.24,"end":940.32,"topics":[],"words":[{"text":"I","start":938.24,"end":938.4},{"text":"don't","start":938.4,"end":938.68},{"text":"think","start":938.68,"end":938.88},{"text":"you","start":938.88,"end":938.96},{"text":"needed","start":938.96,"end":939.36},{"text":"any","start":939.36,"end":939.56},{"text":"introduction.","start":939.56,"end":940.32}]},{"text":"I think most of our participants here will know you from the work that you're 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trends that we see in both in terms of poverty and inequality seem to be rising and unsustainable.","start":946.12,"end":972.6,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. 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your point of view, why do you see this as really not being the way to go?","start":972.68,"end":976.6,"topics":[],"words":[{"text":"From","start":972.68,"end":972.88},{"text":"your","start":972.88,"end":973.08},{"text":"point","start":973.08,"end":973.44},{"text":"of","start":973.44,"end":973.52},{"text":"view,","start":973.52,"end":973.88},{"text":"why","start":973.88,"end":974.12},{"text":"do","start":974.12,"end":974.24},{"text":"you","start":974.24,"end":974.36},{"text":"see","start":974.36,"end":974.6},{"text":"this","start":974.6,"end":974.88},{"text":"as","start":974.88,"end":975.04},{"text":"really","start":975.04,"end":975.32},{"text":"not","start":975.32,"end":975.6},{"text":"being","start":975.6,"end":975.84},{"text":"the","start":975.84,"end":975.96},{"text":"way","start":975.96,"end":976.12},{"text":"to","start":976.12,"end":976.28},{"text":"go?","start":976.28,"end":976.6}]},{"text":"What makes them unsustainable?","start":976.88,"end":978.52,"topics":[],"words":[{"text":"What","start":976.88,"end":977.16},{"text":"makes","start":977.16,"end":977.44},{"text":"them","start":977.44,"end":977.64},{"text":"unsustainable?","start":977.64,"end":978.52}]},{"text":"So maybe first I turn to Lucas to ask you to perhaps kick us off by answering this question before turning to Jayati.","start":978.52,"end":987.64,"topics":[],"words":[{"text":"So","start":978.52,"end":978.68},{"text":"maybe","start":978.68,"end":978.92},{"text":"first","start":978.92,"end":979.32},{"text":"I","start":979.32,"end":979.4},{"text":"turn","start":979.4,"end":979.8},{"text":"to","start":979.8,"end":979.96},{"text":"Lucas","start":979.96,"end":980.6},{"text":"to","start":981.4,"end":981.64},{"text":"ask","start":981.64,"end":982.04},{"text":"you","start":982.44,"end":982.76},{"text":"to","start":982.76,"end":982.92},{"text":"perhaps","start":982.92,"end":983.48},{"text":"kick","start":983.64,"end":983.88},{"text":"us","start":983.88,"end":984.04},{"text":"off","start":984.04,"end":984.32},{"text":"by","start":984.32,"end":984.52},{"text":"answering","start":984.52,"end":984.92},{"text":"this","start":984.92,"end":985.08},{"text":"question","start":985.08,"end":985.64},{"text":"before","start":985.88,"end":986.52},{"text":"turning","start":986.6,"end":986.92},{"text":"to","start":986.92,"end":987.04},{"text":"Jayati.","start":987.04,"end":987.64}]},{"text":"You have the floor, Lucas.","start":987.88,"end":989,"topics":[],"words":[{"text":"You","start":987.88,"end":988.04},{"text":"have","start":988.04,"end":988.2},{"text":"the","start":988.2,"end":988.28},{"text":"floor,","start":988.28,"end":988.6},{"text":"Lucas.","start":988.6,"end":989}]}]}],"speaker":{"affiliation":"ILO","group":null,"function":"Moderator","affiliation_full":"ILO"}},{"statement_number":10,"start":990.89,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=16:31","paragraphs":[{"sentences":[{"text":"Thank you very much for the invitation.","start":990.89,"end":993.01,"topics":[],"words":[{"text":"Thank","start":990.89,"end":991.17},{"text":"you","start":991.17,"end":991.33},{"text":"very","start":991.33,"end":991.65},{"text":"much","start":991.65,"end":991.93},{"text":"for","start":991.93,"end":992.09},{"text":"the","start":992.09,"end":992.25},{"text":"invitation.","start":992.25,"end":993.01}]},{"text":"I'm delighted to speak at this conference.","start":993.17,"end":996.61,"topics":[],"words":[{"text":"I'm","start":993.17,"end":993.37},{"text":"delighted","start":993.37,"end":993.89},{"text":"to","start":993.89,"end":994.17},{"text":"speak","start":994.61,"end":995.09},{"text":"at","start":995.09,"end":995.25},{"text":"this","start":995.25,"end":995.65},{"text":"conference.","start":995.81,"end":996.61}]},{"text":"And let me start by saying that when it comes to inequality and social protection, the world is not doing great, but could do much better.","start":997.97,"end":1008.13,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. 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Discussion emphasized redistribution and addressing structural causes of inequality."}],"words":[{"text":"So","start":1229.91,"end":1230.39},{"text":"what","start":1230.71,"end":1231.03},{"text":"is","start":1231.03,"end":1231.11},{"text":"happening","start":1231.11,"end":1231.51},{"text":"at","start":1231.51,"end":1231.59},{"text":"the","start":1231.59,"end":1231.71},{"text":"very","start":1231.71,"end":1232.07},{"text":"top","start":1232.07,"end":1232.39},{"text":"is","start":1232.39,"end":1232.55},{"text":"not","start":1232.55,"end":1232.75},{"text":"disconnected","start":1232.75,"end":1233.83},{"text":"from","start":1233.83,"end":1234.31},{"text":"challenges","start":1234.31,"end":1235.11},{"text":"related","start":1235.11,"end":1235.47},{"text":"to","start":1235.47,"end":1235.55},{"text":"social","start":1235.59,"end":1236.07},{"text":"protection","start":1236.07,"end":1236.75},{"text":"and","start":1236.75,"end":1236.91},{"text":"to","start":1236.91,"end":1236.99},{"text":"what","start":1236.99,"end":1237.23},{"text":"is","start":1237.23,"end":1237.35},{"text":"happening","start":1237.35,"end":1237.83},{"text":"at","start":1238.07,"end":1238.27},{"text":"the","start":1238.27,"end":1238.39},{"text":"bottom","start":1238.39,"end":1238.87},{"text":"of","start":1238.95,"end":1239.11},{"text":"the","start":1239.11,"end":1239.19},{"text":"distribution.","start":1239.19,"end":1239.91}]},{"text":"The world is getting richer, countries are getting richer, but wealth is highly concentrated.","start":1239.91,"end":1245.51,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. Discussion emphasized redistribution and addressing structural causes of inequality."}],"words":[{"text":"The","start":1239.91,"end":1239.99},{"text":"world","start":1239.99,"end":1240.23},{"text":"is","start":1240.23,"end":1240.39},{"text":"getting","start":1240.39,"end":1240.79},{"text":"richer,","start":1240.87,"end":1241.43},{"text":"countries","start":1241.75,"end":1242.15},{"text":"are","start":1242.15,"end":1242.31},{"text":"getting","start":1242.31,"end":1242.71},{"text":"richer,","start":1242.87,"end":1243.51},{"text":"but","start":1243.67,"end":1243.83},{"text":"wealth","start":1243.83,"end":1244.03},{"text":"is","start":1244.03,"end":1244.23},{"text":"highly","start":1244.23,"end":1244.63},{"text":"concentrated.","start":1244.63,"end":1245.51}]},{"text":"And this high level of concentration is problematic in many respects.","start":1245.83,"end":1249.43,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. 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Discussion emphasized redistribution and addressing structural causes of inequality."}],"words":[{"text":"It","start":1249.78,"end":1249.86},{"text":"means","start":1249.86,"end":1250.1},{"text":"less","start":1250.1,"end":1250.34},{"text":"growth","start":1250.34,"end":1250.66},{"text":"at","start":1251.14,"end":1251.26},{"text":"the","start":1251.26,"end":1251.38},{"text":"bottom,","start":1251.38,"end":1251.7},{"text":"at","start":1251.7,"end":1251.86},{"text":"least","start":1251.86,"end":1252.02},{"text":"this","start":1252.02,"end":1252.18},{"text":"is","start":1252.18,"end":1252.26},{"text":"what","start":1252.26,"end":1252.46},{"text":"we've","start":1252.46,"end":1252.62},{"text":"observed","start":1252.62,"end":1253.18},{"text":"over","start":1253.18,"end":1253.34},{"text":"the","start":1253.34,"end":1253.46},{"text":"past","start":1253.46,"end":1253.74},{"text":"few","start":1253.74,"end":1253.94},{"text":"decades.","start":1253.94,"end":1254.66}]},{"text":"It means less resources to finance public goods, starting with social protection, and it feeds this political, economic, inequality vicious cycle through which high economic inequality is going to sustain high political inequality through the process of campaign financing, injecting millions, hundreds of millions of dollars, of euros, or other currencies into political processes, into the media, to influence the democratic system.","start":1255.06,"end":1292.88,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. Discussion emphasized redistribution and addressing structural causes of inequality."},{"key":"social-protection-financing","label":"Social Protection Financing","description":"Securing sustainable financing amid constrained fiscal space, debt burdens, declining development assistance, and competing spending priorities. 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Discussion connected social protection to just transitions and development within planetary boundaries."},{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. 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cycle.","start":1299.76,"end":1303.36,"topics":[],"words":[{"text":"So","start":1299.76,"end":1299.88},{"text":"this","start":1299.88,"end":1300.16},{"text":"is","start":1300.16,"end":1300.32},{"text":"the","start":1300.32,"end":1300.4},{"text":"situation","start":1300.4,"end":1301.08},{"text":"of","start":1301.08,"end":1301.28},{"text":"the","start":1301.52,"end":1301.72},{"text":"vicious","start":1301.72,"end":1302.24},{"text":"cycle.","start":1302.72,"end":1303.36}]},{"text":"Now, the good news is that nothing is predetermined.","start":1303.68,"end":1308.4,"topics":[],"words":[{"text":"Now,","start":1303.68,"end":1304},{"text":"the","start":1304.64,"end":1304.84},{"text":"good","start":1304.84,"end":1305.04},{"text":"news","start":1305.04,"end":1305.52},{"text":"is","start":1305.52,"end":1305.68},{"text":"that","start":1305.68,"end":1306.08},{"text":"nothing","start":1306.56,"end":1306.96},{"text":"is","start":1306.96,"end":1307.28},{"text":"predetermined.","start":1307.44,"end":1308.4}]},{"text":"And I think to some extent, the recent election results in the US show that despite huge money put into an electoral campaign, well, the results can go against these campaign 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the general point is that we can do much better than what we've done over the past few years and over the past decades with a renewed agenda for social 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"And","start":1384.18,"end":1384.34},{"text":"this","start":1384.34,"end":1384.5},{"text":"can","start":1384.5,"end":1384.74},{"text":"very","start":1384.74,"end":1385.06},{"text":"much","start":1385.06,"end":1385.22},{"text":"be","start":1385.22,"end":1385.38},{"text":"prolonged","start":1385.38,"end":1385.94},{"text":"in","start":1385.94,"end":1386.18},{"text":"the","start":1386.18,"end":1386.3},{"text":"future","start":1386.3,"end":1386.9},{"text":"with","start":1387.38,"end":1387.78},{"text":"a","start":1387.86,"end":1387.94},{"text":"new","start":1387.94,"end":1388.1},{"text":"vision,","start":1388.1,"end":1388.66},{"text":"agenda","start":1388.66,"end":1389.38},{"text":"for","start":1389.38,"end":1389.62},{"text":"tax","start":1389.62,"end":1390.02},{"text":"redistribution,","start":1390.02,"end":1390.9},{"text":"for","start":1391.14,"end":1391.3},{"text":"social","start":1391.3,"end":1391.78},{"text":"protection.","start":1391.78,"end":1392.5}]},{"text":"There's a new challenge, which is how to do this within planetary boundaries.","start":1392.9,"end":1396.82,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"They","start":1661.95,"end":1662.35},{"text":"see","start":1662.35,"end":1662.63},{"text":"it","start":1662.63,"end":1662.79},{"text":"as","start":1662.79,"end":1662.99},{"text":"implicitly","start":1663.55,"end":1664.31},{"text":"an","start":1664.31,"end":1664.43},{"text":"act","start":1664.43,"end":1664.63},{"text":"of","start":1664.63,"end":1664.75},{"text":"charity.","start":1664.75,"end":1665.31}]},{"text":"which it is not, and I'm willing to talk much more about how it is quite the opposite.","start":1665.84,"end":1669.76,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."}],"words":[{"text":"It's","start":1669.76,"end":1670},{"text":"actually","start":1670,"end":1670.28},{"text":"good","start":1670.28,"end":1670.6},{"text":"economic","start":1670.64,"end":1671.16},{"text":"policy","start":1671.16,"end":1671.64},{"text":"for","start":1671.64,"end":1671.8},{"text":"many","start":1671.8,"end":1672.04},{"text":"reasons.","start":1672.04,"end":1672.52}]},{"text":"But the point is that this tendency ignores the fact that the biggest forms of protection of states globally in the past two decades, maybe even four decades, has gone to large capital.","start":1672.92,"end":1688.28,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"That","start":1715.81,"end":1716.21},{"text":"in","start":1716.21,"end":1716.45},{"text":"turn","start":1716.45,"end":1716.77},{"text":"means","start":1716.77,"end":1717.09},{"text":"that","start":1717.09,"end":1717.21},{"text":"there","start":1717.21,"end":1717.37},{"text":"is","start":1717.37,"end":1717.49},{"text":"correspondingly","start":1717.49,"end":1718.45},{"text":"less","start":1718.45,"end":1718.85},{"text":"in","start":1718.85,"end":1719.01},{"text":"terms","start":1719.01,"end":1719.29},{"text":"of","start":1719.29,"end":1719.37},{"text":"fiscal","start":1719.37,"end":1719.77},{"text":"resources","start":1719.77,"end":1720.37},{"text":"available","start":1720.37,"end":1721.01},{"text":"for","start":1721.33,"end":1721.81},{"text":"everybody","start":1721.89,"end":1722.37},{"text":"else,","start":1722.37,"end":1722.65},{"text":"and","start":1722.65,"end":1722.77},{"text":"certainly","start":1722.77,"end":1723.17},{"text":"to","start":1723.17,"end":1723.33},{"text":"provide","start":1723.33,"end":1723.89},{"text":"what","start":1724.37,"end":1724.57},{"text":"we're","start":1724.57,"end":1724.73},{"text":"calling","start":1724.73,"end":1725.05},{"text":"social","start":1725.05,"end":1725.33},{"text":"protection,","start":1725.33,"end":1725.81},{"text":"but","start":1725.81,"end":1725.97},{"text":"I","start":1725.97,"end":1726.05},{"text":"would","start":1726.05,"end":1726.21},{"text":"call","start":1726.21,"end":1726.45},{"text":"it","start":1726.45,"end":1726.77},{"text":"social","start":1726.93,"end":1727.33},{"text":"and","start":1727.33,"end":1727.45},{"text":"economic","start":1727.45,"end":1727.89},{"text":"rights","start":1727.89,"end":1728.37},{"text":"of","start":1728.37,"end":1728.53},{"text":"people.","start":1728.53,"end":1728.85}]},{"text":"And if you remember the universal social protection floor, that was really the idea was to ensure everybody gets minimal social and economic rights.","start":1729.73,"end":1738.21,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."},{"key":"care-public-services","label":"Care and Public Services","description":"Investing in healthcare, education, care, and basic infrastructure as foundations for equitable development. 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could be migrants, it could be a religious minority, it could be other discriminated groups, but that ability to deflect from that concentration of power is essential to the perpetuation of this pattern of 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do see hope, just as Luca said, not just in the US elections.","start":1819.12,"end":1822.48,"topics":[],"words":[{"text":"I","start":1819.12,"end":1819.28},{"text":"do","start":1819.28,"end":1819.44},{"text":"see","start":1819.44,"end":1819.6},{"text":"hope,","start":1819.6,"end":1820},{"text":"just","start":1820.24,"end":1820.52},{"text":"as","start":1820.52,"end":1820.64},{"text":"Luca","start":1820.64,"end":1820.84},{"text":"said,","start":1820.84,"end":1821.04},{"text":"not","start":1821.04,"end":1821.24},{"text":"just","start":1821.24,"end":1821.44},{"text":"in","start":1821.44,"end":1821.56},{"text":"the","start":1821.56,"end":1821.64},{"text":"US","start":1821.76,"end":1821.84},{"text":"elections.","start":1821.84,"end":1822.48}]},{"text":"I see hope in what has happened in Brazil, what's happened in Serbia, the increasing fervor of young people in my own country, in 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spaces should we be looking at where we can see a turnaround, perhaps, in the political mindset, in the policy mindset, that can move us out of the kind of deadlock that we're in and really make for what we call for transformative 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"And","start":1953.16,"end":1953.4},{"text":"also,","start":1953.4,"end":1953.8},{"text":"in","start":1953.8,"end":1953.96},{"text":"particular,","start":1953.96,"end":1954.72},{"text":"what","start":1954.8,"end":1955.16},{"text":"the","start":1955.16,"end":1955.32},{"text":"role","start":1955.32,"end":1955.48},{"text":"of","start":1955.48,"end":1955.56},{"text":"social","start":1955.56,"end":1955.88},{"text":"protection","start":1955.88,"end":1956.44},{"text":"is","start":1956.44,"end":1956.68},{"text":"in","start":1956.76,"end":1957},{"text":"that","start":1957,"end":1957.2},{"text":"kind","start":1957.2,"end":1957.52},{"text":"of","start":1957.52,"end":1957.6},{"text":"context?","start":1957.6,"end":1958.28}]},{"text":"of making that important turnaround that we really feel the world needs, not least because of the existential climate change that is really questioning our survival as a species.","start":1958.76,"end":1969.8,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. 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century?","start":2116.88,"end":2128.32,"topics":[],"words":[{"text":"What","start":2116.88,"end":2117.2},{"text":"does","start":2117.2,"end":2117.36},{"text":"it","start":2117.36,"end":2117.64},{"text":"take","start":2117.64,"end":2118.08},{"text":"to","start":2118.16,"end":2118.32},{"text":"bring","start":2118.32,"end":2118.72},{"text":"everybody,","start":2118.72,"end":2119.52},{"text":"every","start":2119.52,"end":2119.76},{"text":"country","start":2119.76,"end":2120.2},{"text":"in","start":2120.2,"end":2120.28},{"text":"the","start":2120.28,"end":2120.4},{"text":"world,","start":2120.4,"end":2121.04},{"text":"to","start":2121.36,"end":2121.56},{"text":"an","start":2121.56,"end":2121.76},{"text":"average","start":2121.76,"end":2122.48},{"text":"monthly","start":2122.56,"end":2123.36},{"text":"income","start":2123.36,"end":2123.92},{"text":"of","start":2123.92,"end":2124},{"text":"5,000","start":2124,"end":2125.36},{"text":"euros","start":2125.36,"end":2126.16},{"text":"by","start":2126.64,"end":2126.88},{"text":"the","start":2126.88,"end":2126.96},{"text":"end","start":2127.04,"end":2127.28},{"text":"of","start":2127.28,"end":2127.36},{"text":"this","start":2127.36,"end":2127.72},{"text":"century?","start":2127.72,"end":2128.32}]},{"text":"And with much more reduced inequalities within countries, but with no inequality between countries.","start":2130.48,"end":2136.88,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. Discussion emphasized redistribution and addressing structural causes of inequality."}],"words":[{"text":"And","start":2130.48,"end":2130.8},{"text":"with","start":2130.8,"end":2131},{"text":"much","start":2131,"end":2131.36},{"text":"more","start":2131.84,"end":2132.2},{"text":"reduced","start":2132.2,"end":2132.72},{"text":"inequalities","start":2132.72,"end":2133.28},{"text":"within","start":2133.28,"end":2133.68},{"text":"countries,","start":2133.68,"end":2134.24},{"text":"but","start":2134.24,"end":2134.36},{"text":"with","start":2134.36,"end":2134.56},{"text":"no","start":2134.56,"end":2134.96},{"text":"inequality","start":2134.96,"end":2135.52},{"text":"between","start":2135.52,"end":2136.16},{"text":"countries.","start":2136.16,"end":2136.88}]},{"text":"And some of the key takeaways of that is, first, there's a lot of interest in shifting away from material sectors towards education, health, or culture and leisure.","start":2137.44,"end":2155.79,"topics":[{"key":"care-public-services","label":"Care and Public Services","description":"Investing in healthcare, education, care, and basic infrastructure as foundations for equitable development. Speakers emphasized these sectors' contributions to human capabilities, employment generation, well-being, and lower-carbon economic activity."}],"words":[{"text":"And","start":2137.44,"end":2137.76},{"text":"some","start":2137.76,"end":2138.08},{"text":"of","start":2138.08,"end":2138.16},{"text":"the","start":2138.16,"end":2138.24},{"text":"key","start":2138.24,"end":2138.48},{"text":"takeaways","start":2138.48,"end":2139.12},{"text":"of","start":2139.12,"end":2139.28},{"text":"that","start":2139.28,"end":2139.68},{"text":"is,","start":2139.68,"end":2140.16},{"text":"first,","start":2140.56,"end":2141.36},{"text":"there's","start":2142,"end":2142.48},{"text":"a","start":2142.48,"end":2142.72},{"text":"lot","start":2144.64,"end":2145},{"text":"of","start":2145,"end":2145.12},{"text":"interest","start":2145.12,"end":2145.92},{"text":"in","start":2146.51,"end":2147.07},{"text":"shifting","start":2147.07,"end":2147.71},{"text":"away","start":2147.71,"end":2148.19},{"text":"from","start":2148.19,"end":2148.43},{"text":"material","start":2148.43,"end":2148.91},{"text":"sectors","start":2148.91,"end":2149.87},{"text":"towards","start":2150.27,"end":2151.15},{"text":"education,","start":2151.15,"end":2152.11},{"text":"health,","start":2152.11,"end":2152.75},{"text":"or","start":2153.15,"end":2153.71},{"text":"culture","start":2154.03,"end":2154.91},{"text":"and","start":2154.91,"end":2155.11},{"text":"leisure.","start":2155.11,"end":2155.79}]},{"text":"And so, in fact, investing in these sectors and also investing in social protection is relatively good from a climate perspective, because these are, from a material perspective, these sectors have a relatively lower carbon footprint as compared to, you know, if you're going to invest in manufacturing, if you're going to invest in other material intensive sector.","start":2156.19,"end":2182.15,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. Discussion connected social protection to just transitions and development within planetary boundaries."},{"key":"care-public-services","label":"Care and Public Services","description":"Investing in healthcare, education, care, and basic infrastructure as foundations for equitable development. Speakers emphasized these sectors' contributions to human capabilities, employment generation, well-being, and lower-carbon economic activity."}],"words":[{"text":"And","start":2156.19,"end":2156.35},{"text":"so,","start":2156.35,"end":2156.91},{"text":"in","start":2157.23,"end":2157.39},{"text":"fact,","start":2157.39,"end":2157.75},{"text":"investing","start":2157.75,"end":2158.31},{"text":"in","start":2158.31,"end":2158.39},{"text":"these","start":2158.39,"end":2158.59},{"text":"sectors","start":2158.59,"end":2159.47},{"text":"and","start":2159.79,"end":2160.07},{"text":"also","start":2160.07,"end":2160.43},{"text":"investing","start":2160.43,"end":2160.95},{"text":"in","start":2160.95,"end":2161.07},{"text":"social","start":2161.07,"end":2161.47},{"text":"protection","start":2161.47,"end":2162.35},{"text":"is","start":2162.75,"end":2163.07},{"text":"relatively","start":2163.07,"end":2163.87},{"text":"good","start":2163.87,"end":2164.51},{"text":"from","start":2164.51,"end":2164.83},{"text":"a","start":2164.83,"end":2164.91},{"text":"climate","start":2164.91,"end":2165.31},{"text":"perspective,","start":2165.31,"end":2166.35},{"text":"because","start":2166.75,"end":2167.19},{"text":"these","start":2167.19,"end":2167.47},{"text":"are,","start":2167.47,"end":2167.95},{"text":"from","start":2167.95,"end":2168.27},{"text":"a","start":2168.27,"end":2168.35},{"text":"material","start":2168.35,"end":2169.07},{"text":"perspective,","start":2169.07,"end":2170.11},{"text":"these","start":2170.35,"end":2170.83},{"text":"sectors","start":2170.83,"end":2171.63},{"text":"have","start":2171.99,"end":2172.31},{"text":"a","start":2172.31,"end":2172.35},{"text":"relatively","start":2172.35,"end":2172.87},{"text":"lower","start":2172.87,"end":2173.43},{"text":"carbon","start":2173.43,"end":2173.91},{"text":"footprint","start":2173.91,"end":2174.55},{"text":"as","start":2174.71,"end":2174.95},{"text":"compared","start":2174.95,"end":2175.47},{"text":"to,","start":2175.47,"end":2175.83},{"text":"you","start":2175.99,"end":2176.11},{"text":"know,","start":2176.11,"end":2176.27},{"text":"if","start":2176.27,"end":2176.39},{"text":"you're","start":2176.39,"end":2176.55},{"text":"going","start":2176.55,"end":2176.79},{"text":"to","start":2176.79,"end":2176.91},{"text":"invest","start":2176.95,"end":2177.47},{"text":"in","start":2177.47,"end":2177.59},{"text":"manufacturing,","start":2177.59,"end":2178.51},{"text":"if","start":2178.51,"end":2178.63},{"text":"you're","start":2178.63,"end":2178.79},{"text":"going","start":2178.79,"end":2179.03},{"text":"to","start":2179.03,"end":2179.19},{"text":"invest","start":2179.19,"end":2179.55},{"text":"in","start":2179.55,"end":2179.75},{"text":"other","start":2179.83,"end":2180.31},{"text":"material","start":2180.47,"end":2181.03},{"text":"intensive","start":2181.03,"end":2181.59},{"text":"sector.","start":2181.59,"end":2182.15}]},{"text":"So that's the first thing.","start":2182.15,"end":2183.27,"topics":[],"words":[{"text":"So","start":2182.15,"end":2182.27},{"text":"that's","start":2182.27,"end":2182.55},{"text":"the","start":2182.55,"end":2182.63},{"text":"first","start":2182.63,"end":2183.03},{"text":"thing.","start":2183.03,"end":2183.27}]},{"text":"The structural transformation part is very important in this story, in how to bring everybody to high levels of income, keeping planetary within planetary boundaries.","start":2183.51,"end":2195.03,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. Discussion connected social protection to just transitions and development within planetary boundaries."}],"words":[{"text":"The","start":2183.51,"end":2183.67},{"text":"structural","start":2183.67,"end":2184.31},{"text":"transformation","start":2184.31,"end":2185.27},{"text":"part","start":2185.27,"end":2185.83},{"text":"is","start":2185.99,"end":2186.23},{"text":"very","start":2186.23,"end":2186.51},{"text":"important","start":2186.51,"end":2187.03},{"text":"in","start":2187.03,"end":2187.11},{"text":"this","start":2187.11,"end":2187.23},{"text":"story,","start":2187.23,"end":2187.75},{"text":"in","start":2187.99,"end":2188.15},{"text":"how","start":2188.15,"end":2188.31},{"text":"to","start":2188.31,"end":2188.47},{"text":"bring","start":2188.47,"end":2188.75},{"text":"everybody","start":2188.75,"end":2189.31},{"text":"to","start":2189.31,"end":2189.47},{"text":"high","start":2189.47,"end":2189.67},{"text":"levels","start":2189.67,"end":2190.11},{"text":"of","start":2190.11,"end":2190.23},{"text":"income,","start":2190.23,"end":2190.71},{"text":"keeping","start":2191.27,"end":2191.99},{"text":"planetary","start":2192.47,"end":2193.19},{"text":"within","start":2193.51,"end":2193.91},{"text":"planetary","start":2193.91,"end":2194.39},{"text":"boundaries.","start":2194.39,"end":2195.03}]},{"text":"The second part, and this is also very important, is an element of sufficiency.","start":2195.34,"end":2201.34,"topics":[],"words":[{"text":"The","start":2195.34,"end":2195.5},{"text":"second","start":2195.5,"end":2195.98},{"text":"part,","start":2195.98,"end":2196.38},{"text":"and","start":2197.18,"end":2197.66},{"text":"this","start":2198.06,"end":2198.3},{"text":"is","start":2198.3,"end":2198.38},{"text":"also","start":2198.38,"end":2198.62},{"text":"very","start":2198.62,"end":2198.9},{"text":"important,","start":2198.9,"end":2199.42},{"text":"is","start":2199.42,"end":2199.82},{"text":"an","start":2199.9,"end":2200.06},{"text":"element","start":2200.06,"end":2200.38},{"text":"of","start":2200.38,"end":2200.46},{"text":"sufficiency.","start":2200.46,"end":2201.34}]},{"text":"So basically, sufficiency understood, the way we understand it, is largely through the perspective of working hours.","start":2201.66,"end":2208.94,"topics":[{"key":"changing-world-work","label":"Changing World of Work","description":"Adapting social protection to informal employment, platform work, and technological changes associated with artificial intelligence and robotics. 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Discussion also addressed tax avoidance, profit shifting, tax havens, and international tax cooperation."}],"words":[{"text":"Wealth","start":2324.51,"end":2324.87},{"text":"taxes,","start":2324.87,"end":2325.39},{"text":"we've","start":2325.39,"end":2325.55},{"text":"talked","start":2325.55,"end":2325.87},{"text":"about","start":2325.87,"end":2326.19},{"text":"it","start":2326.19,"end":2326.35},{"text":"with","start":2326.35,"end":2326.59},{"text":"Jid.","start":2326.83,"end":2327.39}]},{"text":"Income taxes is also very important.","start":2327.63,"end":2330.91,"topics":[{"key":"progressive-tax-reform","label":"Progressive Tax Reform","description":"Progressive income and wealth taxation and fairer corporate taxation were proposed to finance public services and reduce inequality. 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Discussion also addressed tax avoidance, profit shifting, tax havens, and international tax cooperation."}],"words":[{"text":"Also,","start":2453.67,"end":2454.07},{"text":"maybe","start":2454.07,"end":2454.63},{"text":"it","start":2454.63,"end":2454.71},{"text":"would","start":2454.71,"end":2454.87},{"text":"be","start":2454.87,"end":2455.03},{"text":"good","start":2455.03,"end":2455.23},{"text":"to","start":2455.23,"end":2455.51},{"text":"kind","start":2455.67,"end":2455.91},{"text":"of","start":2455.91,"end":2456.07},{"text":"pick","start":2456.07,"end":2456.23},{"text":"up","start":2456.23,"end":2456.39},{"text":"on","start":2456.39,"end":2456.55},{"text":"the","start":2456.55,"end":2456.67},{"text":"issue","start":2456.67,"end":2457.11},{"text":"that","start":2457.11,"end":2457.27},{"text":"you","start":2457.27,"end":2457.39},{"text":"have","start":2457.39,"end":2457.67},{"text":"around","start":2457.67,"end":2458.15},{"text":"the","start":2458.79,"end":2458.95},{"text":"need","start":2458.95,"end":2459.19},{"text":"for","start":2459.19,"end":2459.35},{"text":"more","start":2459.35,"end":2459.67},{"text":"progressive","start":2460.03,"end":2460.51},{"text":"taxation","start":2460.51,"end":2461.11},{"text":"within","start":2461.11,"end":2461.43},{"text":"countries.","start":2461.43,"end":2462.07}]},{"text":"But also, maybe I will now turn to Jayati if she could also perhaps add something on the international dimensions of it in terms of the taxation challenge.","start":2462.47,"end":2471.63,"topics":[{"key":"progressive-tax-reform","label":"Progressive Tax Reform","description":"Progressive income and wealth taxation and fairer corporate taxation were proposed to finance public services and reduce inequality. Discussion also addressed tax avoidance, profit shifting, tax havens, and international tax cooperation."}],"words":[{"text":"But","start":2462.47,"end":2462.59},{"text":"also,","start":2462.59,"end":2462.87},{"text":"maybe","start":2462.87,"end":2463.19},{"text":"I","start":2463.19,"end":2463.27},{"text":"will","start":2463.27,"end":2463.51},{"text":"now","start":2463.51,"end":2463.67},{"text":"turn","start":2463.67,"end":2463.91},{"text":"to","start":2463.91,"end":2464.07},{"text":"Jayati","start":2464.07,"end":2464.51},{"text":"if","start":2464.51,"end":2464.63},{"text":"she","start":2464.63,"end":2464.79},{"text":"could","start":2464.79,"end":2464.95},{"text":"also","start":2464.95,"end":2465.19},{"text":"perhaps","start":2465.19,"end":2465.67},{"text":"add","start":2465.67,"end":2465.95},{"text":"something","start":2465.95,"end":2466.55},{"text":"on","start":2466.63,"end":2467.11},{"text":"the","start":2467.11,"end":2467.23},{"text":"international","start":2467.23,"end":2467.95},{"text":"dimensions","start":2467.95,"end":2468.59},{"text":"of","start":2468.59,"end":2468.71},{"text":"it","start":2468.71,"end":2468.95},{"text":"in","start":2469.27,"end":2469.43},{"text":"terms","start":2469.43,"end":2469.75},{"text":"of","start":2469.75,"end":2469.91},{"text":"the","start":2469.91,"end":2470.03},{"text":"taxation","start":2470.47,"end":2471.11},{"text":"challenge.","start":2471.11,"end":2471.63}]},{"text":"What kind of global financial architecture do we need to really enable the kind of taxation that you are very rightly advocating?","start":2471.63,"end":2479.91,"topics":[{"key":"progressive-tax-reform","label":"Progressive Tax Reform","description":"Progressive income and wealth taxation and fairer corporate taxation were proposed to finance public services and reduce inequality. 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let me turn now to Jayati for her, where she also sees some positive initiatives where we need to look and see if that comes to fruition to really make a turnaround in the world that we're living 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to you, Jayati.","start":2493.37,"end":2494.25,"topics":[],"words":[{"text":"Over","start":2493.37,"end":2493.69},{"text":"to","start":2493.69,"end":2493.77},{"text":"you,","start":2493.77,"end":2493.85},{"text":"Jayati.","start":2493.85,"end":2494.25}]}]}],"speaker":{"affiliation":"ILO","group":null,"function":"Moderator","affiliation_full":"ILO"}},{"statement_number":18,"start":2495.81,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=41:36","paragraphs":[{"sentences":[{"text":"Thanks so much, Sarah.","start":2495.81,"end":2496.85,"topics":[],"words":[{"text":"Thanks","start":2495.81,"end":2496.17},{"text":"so","start":2496.21,"end":2496.29},{"text":"much,","start":2496.33,"end":2496.65},{"text":"Sarah.","start":2496.65,"end":2496.85}]},{"text":"And once again, I agree so 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know, these are, in a way, idealistic goals, but they do set a desire for what we really do want to achieve in the 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mechanism?","start":2524.59,"end":2526.03,"topics":[],"words":[{"text":"How","start":2524.59,"end":2524.75},{"text":"do","start":2524.75,"end":2524.87},{"text":"we","start":2524.87,"end":2524.99},{"text":"have","start":2524.99,"end":2525.23},{"text":"the","start":2525.31,"end":2525.39},{"text":"mechanism?","start":2525.39,"end":2526.03}]},{"text":"And I will definitely come to the issue of taxation, but before that, I just wanted to make one kind of related point to what you were already saying, Shara, which is that, you know, quite often those of us who push for social policy and for social protection, and for the social protection floor, we're kind of on the defensive because the immediate response is, where's the money for it?","start":2526.4,"end":2546.8,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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Speakers called for predictable resources, debt reform, and international cooperation to support national systems."}],"words":[{"text":"How","start":2547.12,"end":2547.44},{"text":"are","start":2547.44,"end":2547.52},{"text":"you","start":2547.52,"end":2547.68},{"text":"going","start":2547.68,"end":2547.92},{"text":"to","start":2547.92,"end":2548.04},{"text":"finance","start":2548.04,"end":2548.72},{"text":"it?","start":2548.72,"end":2548.88}]},{"text":"You know, that's the typical response all of us get, but also we somehow do not push enough the macroeconomic benefits and the growth and development benefits of social protection.","start":2548.88,"end":2561.19,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. 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have a very distinguished set of panelists, some of whom are in the room with us, and one of our panelists will be joining 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let me turn to them now and give them a very warm welcome.","start":3063.45,"end":3067.77,"topics":[],"words":[{"text":"So","start":3063.45,"end":3063.77},{"text":"let","start":3063.85,"end":3063.97},{"text":"me","start":3063.97,"end":3064.17},{"text":"turn","start":3064.17,"end":3064.49},{"text":"to","start":3064.49,"end":3064.65},{"text":"them","start":3064.65,"end":3064.89},{"text":"now","start":3064.89,"end":3065.29},{"text":"and","start":3065.97,"end":3066.21},{"text":"give","start":3066.21,"end":3066.41},{"text":"them","start":3066.41,"end":3066.57},{"text":"a","start":3066.57,"end":3066.61},{"text":"very","start":3066.61,"end":3066.89},{"text":"warm","start":3066.89,"end":3067.21},{"text":"welcome.","start":3067.21,"end":3067.77}]},{"text":"Peter Ombasa, who is here all the way from Kenya, Assistant Director of the National Social Protection 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Eric.","start":3086.17,"end":3087.05,"topics":[],"words":[{"text":"Welcome,","start":3086.17,"end":3086.65},{"text":"Eric.","start":3086.65,"end":3087.05}]},{"text":"We have also around the table Mr. Antoine Fontaine, who is a senior advisor.","start":3088.17,"end":3094.09,"topics":[],"words":[{"text":"We","start":3088.17,"end":3088.33},{"text":"have","start":3088.33,"end":3088.57},{"text":"also","start":3088.57,"end":3089.05},{"text":"around","start":3089.21,"end":3089.73},{"text":"the","start":3089.73,"end":3089.85},{"text":"table","start":3089.85,"end":3090.33},{"text":"Mr.","start":3090.33,"end":3091.05},{"text":"Antoine","start":3091.05,"end":3091.61},{"text":"Fontaine,","start":3091.61,"end":3092.33},{"text":"who","start":3092.33,"end":3092.49},{"text":"is","start":3092.49,"end":3092.73},{"text":"a","start":3092.73,"end":3092.77},{"text":"senior","start":3092.77,"end":3093.29},{"text":"advisor.","start":3093.29,"end":3094.09}]},{"text":"for the Cambodian Federation of Employers and Business Associations, all the way from Phnom Penh.","start":3095.55,"end":3100.99,"topics":[],"words":[{"text":"for","start":3095.55,"end":3095.87},{"text":"the","start":3095.87,"end":3096.03},{"text":"Cambodian","start":3096.03,"end":3096.67},{"text":"Federation","start":3096.67,"end":3097.27},{"text":"of","start":3097.27,"end":3097.39},{"text":"Employers","start":3097.39,"end":3098.03},{"text":"and","start":3098.03,"end":3098.15},{"text":"Business","start":3098.15,"end":3098.51},{"text":"Associations,","start":3098.51,"end":3099.71},{"text":"all","start":3099.87,"end":3100.03},{"text":"the","start":3100.03,"end":3100.11},{"text":"way","start":3100.11,"end":3100.27},{"text":"from","start":3100.27,"end":3100.43},{"text":"Phnom","start":3100.43,"end":3100.67},{"text":"Penh.","start":3100.67,"end":3100.99}]},{"text":"So thank you and 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welcome to all of you.","start":3126.51,"end":3128.27,"topics":[],"words":[{"text":"So","start":3126.51,"end":3126.99},{"text":"welcome","start":3126.99,"end":3127.47},{"text":"to","start":3127.47,"end":3127.63},{"text":"all","start":3127.63,"end":3127.79},{"text":"of","start":3127.79,"end":3127.95},{"text":"you.","start":3127.95,"end":3128.27}]},{"text":"In the interest of time, I will pose a question that I will ask all of you to respond to it from your different sort of standpoints and where you sit and how you see 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just heard from Lucas and Jyoti a very, I think, striking analysis of the predicament that we're in, of growing poverty, inequalities, the climate crisis, wealth that is trickling up rather than down, and challenges for having the resources that are needed for investing in public services, and also glimpses of what can be ways of transforming the current predicament that we're in, and some openings that may allow that to happen.","start":3140.69,"end":3172.04,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. 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in particular, we want to see what role you see in that for social protection systems to be able to achieve these 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afraid in the interest of time, I will have to give you each three minutes on this first round.","start":3198.36,"end":3204.2,"topics":[],"words":[{"text":"I'm","start":3198.36,"end":3198.6},{"text":"afraid","start":3198.6,"end":3198.92},{"text":"in","start":3198.92,"end":3199.08},{"text":"the","start":3199.08,"end":3199.16},{"text":"interest","start":3199.16,"end":3199.6},{"text":"of","start":3199.6,"end":3199.72},{"text":"time,","start":3199.72,"end":3200.28},{"text":"I","start":3200.28,"end":3200.44},{"text":"will","start":3200.44,"end":3200.76},{"text":"have","start":3200.92,"end":3201.16},{"text":"to","start":3201.16,"end":3201.32},{"text":"give","start":3201.32,"end":3201.56},{"text":"you","start":3201.56,"end":3201.72},{"text":"each","start":3201.8,"end":3202.2},{"text":"three","start":3202.36,"end":3202.52},{"text":"minutes","start":3202.52,"end":3203.08},{"text":"on","start":3203.08,"end":3203.24},{"text":"this","start":3203.24,"end":3203.48},{"text":"first","start":3203.48,"end":3203.8},{"text":"round.","start":3203.8,"end":3204.2}]},{"text":"So really the key points, and I will start by turning to Peter.","start":3204.52,"end":3208.92,"topics":[],"words":[{"text":"So","start":3204.52,"end":3205},{"text":"really","start":3205,"end":3205.56},{"text":"the","start":3205.56,"end":3205.64},{"text":"key","start":3205.64,"end":3205.88},{"text":"points,","start":3205.88,"end":3206.44},{"text":"and","start":3206.8,"end":3206.92},{"text":"I","start":3206.92,"end":3207.08},{"text":"will","start":3207.08,"end":3207.32},{"text":"start","start":3207.32,"end":3207.8},{"text":"by","start":3207.8,"end":3207.96},{"text":"turning","start":3207.96,"end":3208.36},{"text":"to","start":3208.44,"end":3208.56},{"text":"Peter.","start":3208.56,"end":3208.92}]},{"text":"Peter, you have three 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picture.","start":3211.88,"end":3217.48,"topics":[],"words":[{"text":"And","start":3211.88,"end":3212.12},{"text":"actually,","start":3213.28,"end":3213.64},{"text":"Lucas","start":3213.64,"end":3213.96},{"text":"has","start":3213.96,"end":3214.12},{"text":"painted","start":3214.12,"end":3214.68},{"text":"a","start":3215,"end":3215.04},{"text":"very,","start":3215.04,"end":3215.4},{"text":"very","start":3215.4,"end":3216.04},{"text":"long","start":3216.92,"end":3217.04},{"text":"picture.","start":3217.08,"end":3217.48}]},{"text":"Of course, that's a global picture, but if we go to Africa, it's even 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them.","start":3257.96,"end":3266.04,"topics":[],"words":[{"text":"The","start":3257.96,"end":3258.08},{"text":"youth","start":3258.12,"end":3258.44},{"text":"are","start":3258.52,"end":3258.68},{"text":"now","start":3258.68,"end":3259.08},{"text":"trying","start":3259.56,"end":3259.8},{"text":"to","start":3259.8,"end":3259.96},{"text":"take","start":3260,"end":3260.44},{"text":"what","start":3260.92,"end":3261.24},{"text":"we","start":3261.24,"end":3261.32},{"text":"call","start":3261.32,"end":3261.64},{"text":"the","start":3261.88,"end":3262.04},{"text":"political","start":3262.04,"end":3262.44},{"text":"space,","start":3262.44,"end":3263},{"text":"and","start":3263.64,"end":3263.84},{"text":"they","start":3263.84,"end":3263.96},{"text":"are","start":3264.08,"end":3264.24},{"text":"agitating","start":3264.24,"end":3264.84},{"text":"for","start":3264.84,"end":3265},{"text":"what","start":3265,"end":3265.2},{"text":"is","start":3265.2,"end":3265.32},{"text":"right","start":3265.32,"end":3265.68},{"text":"to","start":3265.68,"end":3265.76},{"text":"them.","start":3265.76,"end":3266.04}]},{"text":"All this coupled with governance and advancement in technology has brought in things that we didn't expect.","start":3266.92,"end":3276.39,"topics":[],"words":[{"text":"All","start":3266.92,"end":3267.24},{"text":"this","start":3267.24,"end":3267.4},{"text":"coupled","start":3267.4,"end":3267.88},{"text":"with","start":3267.88,"end":3268.08},{"text":"governance","start":3268.52,"end":3269.32},{"text":"and","start":3269.64,"end":3270.04},{"text":"advancement","start":3270.04,"end":3271.16},{"text":"in","start":3271.16,"end":3271.4},{"text":"technology","start":3271.72,"end":3272.52},{"text":"has","start":3273.19,"end":3273.67},{"text":"brought","start":3273.67,"end":3274.15},{"text":"in","start":3274.15,"end":3274.47},{"text":"things","start":3274.95,"end":3275.23},{"text":"that","start":3275.23,"end":3275.43},{"text":"we","start":3275.43,"end":3275.51},{"text":"didn't","start":3275.51,"end":3275.91},{"text":"expect.","start":3275.91,"end":3276.39}]},{"text":"And having said that, how do we then accelerate social development, of course, in the effort of reducing global inequality?","start":3277.11,"end":3286.47,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. Discussion emphasized redistribution and addressing structural causes of inequality."}],"words":[{"text":"And","start":3277.11,"end":3277.43},{"text":"having","start":3277.43,"end":3277.87},{"text":"said","start":3277.87,"end":3278.19},{"text":"that,","start":3278.19,"end":3278.55},{"text":"how","start":3278.87,"end":3279.11},{"text":"do","start":3279.11,"end":3279.31},{"text":"we","start":3279.31,"end":3279.51},{"text":"then","start":3279.51,"end":3280.15},{"text":"accelerate","start":3281.19,"end":3281.83},{"text":"social","start":3281.83,"end":3282.15},{"text":"development,","start":3282.15,"end":3282.79},{"text":"of","start":3283.47,"end":3283.59},{"text":"course,","start":3283.59,"end":3283.99},{"text":"in","start":3283.99,"end":3284.23},{"text":"the","start":3284.23,"end":3284.35},{"text":"effort","start":3284.35,"end":3284.63},{"text":"of","start":3284.63,"end":3284.71},{"text":"reducing","start":3284.71,"end":3285.27},{"text":"global","start":3285.35,"end":3285.71},{"text":"inequality?","start":3285.71,"end":3286.47}]},{"text":"And I think I want to mention only three of what we do.","start":3287.07,"end":3291.87,"topics":[],"words":[{"text":"And","start":3287.07,"end":3287.27},{"text":"I","start":3287.27,"end":3287.35},{"text":"think","start":3287.35,"end":3287.67},{"text":"I","start":3287.67,"end":3287.75},{"text":"want","start":3287.83,"end":3288.11},{"text":"to","start":3288.11,"end":3288.23},{"text":"mention","start":3288.23,"end":3288.59},{"text":"only","start":3288.59,"end":3288.87},{"text":"three","start":3289.03,"end":3289.51},{"text":"of","start":3289.51,"end":3289.83},{"text":"what","start":3290.23,"end":3290.71},{"text":"we","start":3290.71,"end":3291.19},{"text":"do.","start":3291.51,"end":3291.87}]},{"text":"Number one, investing on human capital.","start":3291.87,"end":3295.99,"topics":[{"key":"care-public-services","label":"Care and Public Services","description":"Investing in healthcare, education, care, and basic infrastructure as foundations for equitable development. Speakers emphasized these sectors' contributions to human capabilities, employment generation, well-being, and lower-carbon economic activity."}],"words":[{"text":"Number","start":3291.87,"end":3292.15},{"text":"one,","start":3292.15,"end":3292.47},{"text":"investing","start":3293.75,"end":3294.31},{"text":"on","start":3294.31,"end":3294.47},{"text":"human","start":3294.47,"end":3294.95},{"text":"capital.","start":3295.35,"end":3295.99}]},{"text":"Our healthcare systems in Africa, especially the global south, are a little bit shaky a bit, but governments all over are trying to do what is practically possible.","start":3297.85,"end":3309.61,"topics":[{"key":"care-public-services","label":"Care and Public Services","description":"Investing in healthcare, education, care, and basic infrastructure as foundations for equitable development. 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Proposed measures included better access to credit, inputs, and markets, alongside incentives comparable to those available to large businesses."}],"words":[{"text":"Let's","start":3348.6,"end":3348.88},{"text":"invest","start":3348.88,"end":3349.28},{"text":"in","start":3349.68,"end":3349.92},{"text":"SMEs.","start":3350.64,"end":3351.52}]},{"text":"Very critical for any government to be able to close the gap.","start":3351.94,"end":3357.14,"topics":[],"words":[{"text":"Very","start":3351.94,"end":3352.14},{"text":"critical","start":3352.14,"end":3352.66},{"text":"for","start":3352.66,"end":3353.14},{"text":"any","start":3353.3,"end":3353.94},{"text":"government","start":3354.1,"end":3354.62},{"text":"to","start":3354.62,"end":3354.7},{"text":"be","start":3354.7,"end":3354.9},{"text":"able","start":3354.9,"end":3355.06},{"text":"to","start":3355.06,"end":3355.26},{"text":"close","start":3356.58,"end":3356.82},{"text":"the","start":3356.82,"end":3356.9},{"text":"gap.","start":3356.9,"end":3357.14}]},{"text":"Infrastructure.","start":3357.94,"end":3358.74,"topics":[{"key":"care-public-services","label":"Care and Public Services","description":"Investing in healthcare, education, care, and basic infrastructure as foundations for equitable development. 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ensuring universal social protection based on law.","start":3439.92,"end":3446,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"Firstly,","start":3439.92,"end":3440.64},{"text":"ensuring","start":3440.76,"end":3441.68},{"text":"universal","start":3442,"end":3442.64},{"text":"social","start":3442.88,"end":3443.24},{"text":"protection","start":3443.24,"end":3443.92},{"text":"based","start":3444.16,"end":3444.64},{"text":"on","start":3444.88,"end":3445.2},{"text":"law.","start":3445.44,"end":3446}]},{"text":"This is important.","start":3447.36,"end":3448.32,"topics":[],"words":[{"text":"This","start":3447.36,"end":3447.52},{"text":"is","start":3447.52,"end":3447.64},{"text":"important.","start":3447.64,"end":3448.32}]},{"text":"Social protection is not a charity, as we've already heard from one speaker.","start":3448.32,"end":3452.24,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"Social","start":3448.32,"end":3448.52},{"text":"protection","start":3448.52,"end":3448.96},{"text":"is","start":3448.96,"end":3449.04},{"text":"not","start":3449.04,"end":3449.32},{"text":"a","start":3449.32,"end":3449.36},{"text":"charity,","start":3449.36,"end":3450},{"text":"as","start":3450.32,"end":3450.52},{"text":"we've","start":3450.52,"end":3450.68},{"text":"already","start":3450.68,"end":3450.92},{"text":"heard","start":3450.92,"end":3451.2},{"text":"from","start":3451.2,"end":3451.36},{"text":"one","start":3451.36,"end":3451.6},{"text":"speaker.","start":3451.6,"end":3452.24}]},{"text":"This coverage is not just something that needs to be universal, but also needs to enable people to live in dignity.","start":3453.52,"end":3462.32,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"This","start":3453.52,"end":3453.84},{"text":"coverage","start":3454,"end":3454.8},{"text":"is","start":3455.28,"end":3455.52},{"text":"not","start":3455.52,"end":3456},{"text":"just","start":3456.4,"end":3456.96},{"text":"something","start":3457.36,"end":3457.6},{"text":"that","start":3457.6,"end":3457.76},{"text":"needs","start":3457.76,"end":3457.92},{"text":"to","start":3457.92,"end":3458.04},{"text":"be","start":3458.04,"end":3458.12},{"text":"universal,","start":3458.12,"end":3458.72},{"text":"but","start":3458.72,"end":3458.88},{"text":"also","start":3458.96,"end":3459.32},{"text":"needs","start":3459.36,"end":3459.88},{"text":"to","start":3459.92,"end":3460.2},{"text":"enable","start":3460.24,"end":3460.64},{"text":"people","start":3460.64,"end":3460.96},{"text":"to","start":3460.96,"end":3461.08},{"text":"live","start":3461.08,"end":3461.28},{"text":"in","start":3461.28,"end":3461.52},{"text":"dignity.","start":3461.52,"end":3462.32}]},{"text":"We know today that it is workers who are the most affected by insecurity and precarity.","start":3462.71,"end":3472.39,"topics":[{"key":"changing-world-work","label":"Changing World of Work","description":"Adapting social protection to informal employment, platform work, and technological changes associated with artificial intelligence and robotics. Speakers discussed decent wages and working conditions, reduced working hours, and sharing productivity gains."}],"words":[{"text":"We","start":3462.71,"end":3462.95},{"text":"know","start":3462.95,"end":3463.27},{"text":"today","start":3463.27,"end":3463.83},{"text":"that","start":3464.47,"end":3464.95},{"text":"it","start":3465.03,"end":3465.43},{"text":"is","start":3465.67,"end":3466.07},{"text":"workers","start":3466.47,"end":3467.27},{"text":"who","start":3467.51,"end":3467.83},{"text":"are","start":3467.83,"end":3467.91},{"text":"the","start":3467.91,"end":3468.03},{"text":"most","start":3468.03,"end":3468.31},{"text":"affected","start":3468.31,"end":3469.11},{"text":"by","start":3469.19,"end":3469.59},{"text":"insecurity","start":3470.87,"end":3471.51},{"text":"and","start":3471.51,"end":3471.63},{"text":"precarity.","start":3471.63,"end":3472.39}]},{"text":"Secondly, social policy needs to include all strategic areas of policy making.","start":3473.19,"end":3480.31,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."}],"words":[{"text":"Secondly,","start":3473.19,"end":3473.83},{"text":"social","start":3474.15,"end":3474.63},{"text":"policy","start":3474.63,"end":3475.11},{"text":"needs","start":3475.11,"end":3475.43},{"text":"to","start":3476.03,"end":3476.11},{"text":"include","start":3476.79,"end":3477.67},{"text":"all","start":3477.79,"end":3478.07},{"text":"strategic","start":3478.15,"end":3478.79},{"text":"areas","start":3478.79,"end":3479.15},{"text":"of","start":3479.15,"end":3479.23},{"text":"policy","start":3479.23,"end":3479.67},{"text":"making.","start":3479.67,"end":3480.31}]},{"text":"And it needs to be done hand in hand with all other reforms which are underway in order to tackle climate, demographic, and technological change and transitions.","start":3482.79,"end":3496.48,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. 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Speakers discussed decent wages and working conditions, reduced working hours, and sharing productivity gains."}],"words":[{"text":"And","start":3482.79,"end":3483.03},{"text":"it","start":3483.03,"end":3483.11},{"text":"needs","start":3483.11,"end":3483.27},{"text":"to","start":3483.27,"end":3483.35},{"text":"be","start":3483.35,"end":3483.43},{"text":"done","start":3483.43,"end":3483.67},{"text":"hand","start":3483.67,"end":3483.95},{"text":"in","start":3483.95,"end":3484.07},{"text":"hand","start":3484.07,"end":3484.55},{"text":"with","start":3484.55,"end":3484.95},{"text":"all","start":3485.03,"end":3485.27},{"text":"other","start":3485.27,"end":3485.55},{"text":"reforms","start":3485.55,"end":3485.95},{"text":"which","start":3485.95,"end":3486.23},{"text":"are","start":3486.23,"end":3486.39},{"text":"underway","start":3486.39,"end":3487.27},{"text":"in","start":3487.99,"end":3488.23},{"text":"order","start":3488.23,"end":3488.63},{"text":"to","start":3488.79,"end":3489.15},{"text":"tackle","start":3489.91,"end":3490.87},{"text":"climate,","start":3492.16,"end":3492.64},{"text":"demographic,","start":3492.64,"end":3493.28},{"text":"and","start":3493.36,"end":3493.84},{"text":"technological","start":3493.92,"end":3494.72},{"text":"change","start":3495.12,"end":3495.48},{"text":"and","start":3495.48,"end":3495.64},{"text":"transitions.","start":3495.64,"end":3496.48}]},{"text":"Thirdly, and also very importantly, financing is important.","start":3496.56,"end":3499.28,"topics":[{"key":"social-protection-financing","label":"Social Protection Financing","description":"Securing sustainable financing amid constrained fiscal space, debt burdens, declining development assistance, and competing spending priorities. 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Speakers called for predictable resources, debt reform, and international cooperation to support national systems."}],"words":[{"text":"International","start":3533.88,"end":3534.48},{"text":"cooperation","start":3534.48,"end":3535.04},{"text":"is","start":3535.04,"end":3535.16},{"text":"required","start":3535.16,"end":3535.72},{"text":"here","start":3535.72,"end":3536.04},{"text":"in","start":3536.2,"end":3536.44},{"text":"terms","start":3536.44,"end":3537.16},{"text":"of","start":3537.48,"end":3538.12},{"text":"the","start":3538.28,"end":3538.48},{"text":"development","start":3539.08,"end":3539.68},{"text":"assistance","start":3539.68,"end":3540.24},{"text":"and","start":3540.68,"end":3541.08},{"text":"aid,","start":3541.08,"end":3541.48},{"text":"and","start":3541.56,"end":3542.04},{"text":"this","start":3542.04,"end":3542.28},{"text":"can","start":3542.28,"end":3542.68},{"text":"also","start":3542.68,"end":3542.96},{"text":"help","start":3542.96,"end":3543.24},{"text":"feed","start":3543.24,"end":3543.56},{"text":"into","start":3543.56,"end":3544.16},{"text":"social","start":3544.68,"end":3545.2},{"text":"protection","start":3545.2,"end":3545.72},{"text":"development.","start":3545.72,"end":3546.36}]},{"text":"In conclusion, Social protection shouldn't just be seen as a cost, but also investment in economic and social development, social cohesion, and resilience.","start":3546.76,"end":3560.58,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."}],"words":[{"text":"In","start":3546.76,"end":3546.96},{"text":"conclusion,","start":3546.96,"end":3547.72},{"text":"Social","start":3549.54,"end":3549.94},{"text":"protection","start":3549.94,"end":3550.58},{"text":"shouldn't","start":3550.9,"end":3551.46},{"text":"just","start":3551.46,"end":3551.66},{"text":"be","start":3551.66,"end":3551.74},{"text":"seen","start":3551.74,"end":3552.02},{"text":"as","start":3552.02,"end":3552.18},{"text":"a","start":3552.18,"end":3552.26},{"text":"cost,","start":3552.26,"end":3553.06},{"text":"but","start":3553.38,"end":3553.62},{"text":"also","start":3553.78,"end":3554.42},{"text":"investment","start":3555.46,"end":3556.26},{"text":"in","start":3556.34,"end":3556.74},{"text":"economic","start":3556.98,"end":3557.34},{"text":"and","start":3557.34,"end":3557.46},{"text":"social","start":3557.46,"end":3557.66},{"text":"development,","start":3557.66,"end":3558.26},{"text":"social","start":3558.34,"end":3558.74},{"text":"cohesion,","start":3558.74,"end":3559.46},{"text":"and","start":3559.46,"end":3559.86},{"text":"resilience.","start":3559.86,"end":3560.58}]},{"text":"Thank you.","start":3560.58,"end":3561.14,"topics":[],"words":[{"text":"Thank","start":3560.58,"end":3560.9},{"text":"you.","start":3560.9,"end":3561.14}]}]}],"speaker":{"affiliation":"ITUC","group":null,"function":"Deputy Secretary-General","affiliation_full":"ITUC"}},{"statement_number":25,"start":3561.59,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=59:22","paragraphs":[{"sentences":[{"text":"Amazing, in three minutes.","start":3561.59,"end":3562.67,"topics":[],"words":[{"text":"Amazing,","start":3561.59,"end":3561.99},{"text":"in","start":3561.99,"end":3562.07},{"text":"three","start":3562.07,"end":3562.31},{"text":"minutes.","start":3562.31,"end":3562.67}]},{"text":"Thank you so much.","start":3562.67,"end":3563.67,"topics":[],"words":[{"text":"Thank","start":3562.67,"end":3562.87},{"text":"you","start":3562.87,"end":3563.03},{"text":"so","start":3563.03,"end":3563.19},{"text":"much.","start":3563.19,"end":3563.67}]},{"text":"I think you added a lot to what already Peter had said about investment in human capabilities.","start":3563.75,"end":3568.55,"topics":[{"key":"care-public-services","label":"Care and Public Services","description":"Investing in healthcare, education, care, and basic infrastructure as foundations for equitable development. Speakers emphasized these sectors' contributions to human capabilities, employment generation, well-being, and lower-carbon economic activity."}],"words":[{"text":"I","start":3563.75,"end":3563.83},{"text":"think","start":3563.83,"end":3564.07},{"text":"you","start":3564.07,"end":3564.19},{"text":"added","start":3564.23,"end":3564.55},{"text":"a","start":3564.55,"end":3564.63},{"text":"lot","start":3564.63,"end":3564.91},{"text":"to","start":3564.91,"end":3564.99},{"text":"what","start":3564.99,"end":3565.27},{"text":"already","start":3565.27,"end":3565.75},{"text":"Peter","start":3565.91,"end":3566.31},{"text":"had","start":3566.31,"end":3566.47},{"text":"said","start":3566.47,"end":3566.71},{"text":"about","start":3566.71,"end":3566.95},{"text":"investment","start":3566.95,"end":3567.47},{"text":"in","start":3567.47,"end":3567.59},{"text":"human","start":3567.59,"end":3567.83},{"text":"capabilities.","start":3567.83,"end":3568.55}]},{"text":"You brought out very strongly the need for rights-based social protection systems, and that's something we need to keep on hold on to.","start":3568.55,"end":3575.03,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"You","start":3568.55,"end":3568.71},{"text":"brought","start":3568.71,"end":3568.95},{"text":"out","start":3568.99,"end":3569.07},{"text":"very","start":3569.07,"end":3569.31},{"text":"strongly","start":3569.31,"end":3569.83},{"text":"the","start":3570.03,"end":3570.11},{"text":"need","start":3570.11,"end":3570.35},{"text":"for","start":3570.35,"end":3570.59},{"text":"rights-based","start":3570.59,"end":3571.15},{"text":"social","start":3571.15,"end":3571.43},{"text":"protection","start":3571.43,"end":3571.91},{"text":"systems,","start":3571.91,"end":3572.35},{"text":"and","start":3572.35,"end":3572.59},{"text":"that's","start":3572.63,"end":3572.91},{"text":"something","start":3572.91,"end":3573.19},{"text":"we","start":3573.19,"end":3573.31},{"text":"need","start":3573.31,"end":3573.47},{"text":"to","start":3573.47,"end":3573.67},{"text":"keep","start":3573.83,"end":3574.15},{"text":"on","start":3574.15,"end":3574.31},{"text":"hold","start":3574.31,"end":3574.59},{"text":"on","start":3574.59,"end":3574.79},{"text":"to.","start":3574.79,"end":3575.03}]},{"text":"With that, let me turn to Antoine, please, and you also have three minutes.","start":3575.43,"end":3579.59,"topics":[],"words":[{"text":"With","start":3575.43,"end":3575.71},{"text":"that,","start":3575.71,"end":3575.87},{"text":"let","start":3575.87,"end":3575.99},{"text":"me","start":3575.99,"end":3576.11},{"text":"turn","start":3576.11,"end":3576.31},{"text":"to","start":3576.31,"end":3576.47},{"text":"Antoine,","start":3576.47,"end":3576.87},{"text":"please,","start":3576.87,"end":3577.23},{"text":"and","start":3577.23,"end":3577.35},{"text":"you","start":3577.35,"end":3577.51},{"text":"also","start":3577.51,"end":3577.75},{"text":"have","start":3577.75,"end":3578.07},{"text":"three","start":3578.15,"end":3578.39},{"text":"minutes.","start":3578.79,"end":3579.59}]}]}],"speaker":{"affiliation":"ILO","group":null,"function":"Moderator","affiliation_full":"ILO"}},{"statement_number":26,"start":3579.63,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=59:40","paragraphs":[{"sentences":[{"text":"Thank you very much.","start":3579.63,"end":3581.43,"topics":[],"words":[{"text":"Thank","start":3579.63,"end":3579.83},{"text":"you","start":3580.63,"end":3580.71},{"text":"very","start":3580.79,"end":3581.27},{"text":"much.","start":3581.31,"end":3581.43}]},{"text":"I will also be speaking in French.","start":3582.07,"end":3583.83,"topics":[],"words":[{"text":"I","start":3582.07,"end":3582.11},{"text":"will","start":3582.11,"end":3582.23},{"text":"also","start":3582.23,"end":3582.47},{"text":"be","start":3582.47,"end":3582.63},{"text":"speaking","start":3582.63,"end":3583.11},{"text":"in","start":3583.11,"end":3583.27},{"text":"French.","start":3583.27,"end":3583.83}]},{"text":"Cambodia will be welcoming the International Week of Francophonie next week, so I will take advantage to do that and speak French here.","start":3585.43,"end":3593.03,"topics":[],"words":[{"text":"Cambodia","start":3585.43,"end":3585.99},{"text":"will","start":3585.99,"end":3586.11},{"text":"be","start":3586.11,"end":3586.19},{"text":"welcoming","start":3586.19,"end":3586.55},{"text":"the","start":3586.55,"end":3586.67},{"text":"International","start":3586.71,"end":3587.75},{"text":"Week","start":3587.75,"end":3587.87},{"text":"of","start":3587.87,"end":3587.95},{"text":"Francophonie","start":3587.95,"end":3588.43},{"text":"next","start":3588.43,"end":3588.71},{"text":"week,","start":3588.71,"end":3589.03},{"text":"so","start":3589.03,"end":3589.51},{"text":"I","start":3589.99,"end":3590.07},{"text":"will","start":3590.07,"end":3590.23},{"text":"take","start":3590.23,"end":3590.43},{"text":"advantage","start":3590.43,"end":3590.87},{"text":"to","start":3590.87,"end":3591.15},{"text":"do","start":3591.43,"end":3591.75},{"text":"that","start":3591.99,"end":3592.27},{"text":"and","start":3592.27,"end":3592.43},{"text":"speak","start":3592.43,"end":3592.59},{"text":"French","start":3592.59,"end":3592.83},{"text":"here.","start":3592.83,"end":3593.03}]},{"text":"I have been in Cambodia for some 27 years, and I've seen the country go from extreme poverty, both in economic, social, and intellectual terms, to the level of development of a lower middle income country today, with ambitions to become upper middle-income country by 2050.","start":3596.71,"end":3619.9,"topics":[{"key":"poverty-wealth-inequality","label":"Poverty and Wealth Inequality","description":"Persistent poverty and extreme wealth concentration were linked to unequal economic growth, state policies, and concentrated political influence. Discussion emphasized redistribution and addressing structural causes of inequality."}],"words":[{"text":"I","start":3596.71,"end":3596.87},{"text":"have","start":3596.87,"end":3597.27},{"text":"been","start":3597.59,"end":3597.99},{"text":"in","start":3597.99,"end":3598.47},{"text":"Cambodia","start":3598.47,"end":3598.95},{"text":"for","start":3598.95,"end":3599.11},{"text":"some","start":3599.11,"end":3599.27},{"text":"27","start":3599.27,"end":3599.83},{"text":"years,","start":3599.83,"end":3599.99},{"text":"and","start":3599.99,"end":3600.11},{"text":"I've","start":3600.11,"end":3600.23},{"text":"seen","start":3600.23,"end":3600.35},{"text":"the","start":3600.35,"end":3600.43},{"text":"country","start":3600.43,"end":3600.79},{"text":"go","start":3600.79,"end":3600.95},{"text":"from","start":3600.95,"end":3601.23},{"text":"extreme","start":3601.23,"end":3601.91},{"text":"poverty,","start":3602.23,"end":3602.87},{"text":"both","start":3603.27,"end":3603.55},{"text":"in","start":3603.55,"end":3603.67},{"text":"economic,","start":3603.67,"end":3604.23},{"text":"social,","start":3604.31,"end":3604.79},{"text":"and","start":3604.83,"end":3605.19},{"text":"intellectual","start":3605.19,"end":3605.71},{"text":"terms,","start":3605.71,"end":3606.07},{"text":"to","start":3606.07,"end":3606.55},{"text":"the","start":3607.03,"end":3607.19},{"text":"level","start":3607.19,"end":3607.59},{"text":"of","start":3607.59,"end":3607.91},{"text":"development","start":3608.87,"end":3609.55},{"text":"of","start":3609.55,"end":3609.63},{"text":"a","start":3609.63,"end":3609.67},{"text":"lower","start":3609.67,"end":3609.91},{"text":"middle","start":3609.91,"end":3610.15},{"text":"income","start":3610.15,"end":3610.47},{"text":"country","start":3610.47,"end":3610.87},{"text":"today,","start":3610.87,"end":3611.19},{"text":"with","start":3611.43,"end":3611.67},{"text":"ambitions","start":3611.67,"end":3612.63},{"text":"to","start":3613.03,"end":3613.15},{"text":"become","start":3613.15,"end":3613.75},{"text":"upper","start":3615.43,"end":3615.83},{"text":"middle-income","start":3617.62,"end":3618.18},{"text":"country","start":3618.18,"end":3618.66},{"text":"by","start":3618.9,"end":3619.06},{"text":"2050.","start":3619.06,"end":3619.9}]},{"text":"Social protection has always been present in discussions, and this includes employers, because this is an element of social peace.","start":3620.82,"end":3630.74,"topics":[{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."}],"words":[{"text":"Social","start":3620.82,"end":3621.18},{"text":"protection","start":3621.18,"end":3621.62},{"text":"has","start":3621.62,"end":3621.74},{"text":"always","start":3621.74,"end":3622.02},{"text":"been","start":3622.02,"end":3622.34},{"text":"present","start":3622.58,"end":3623.06},{"text":"in","start":3623.06,"end":3623.22},{"text":"discussions,","start":3623.22,"end":3623.94},{"text":"and","start":3624.34,"end":3624.82},{"text":"this","start":3626.58,"end":3626.82},{"text":"includes","start":3626.82,"end":3627.3},{"text":"employers,","start":3627.3,"end":3628.02},{"text":"because","start":3628.42,"end":3628.74},{"text":"this","start":3628.74,"end":3628.98},{"text":"is","start":3628.98,"end":3629.3},{"text":"an","start":3629.34,"end":3629.54},{"text":"element","start":3629.54,"end":3629.9},{"text":"of","start":3629.9,"end":3629.98},{"text":"social","start":3629.98,"end":3630.34},{"text":"peace.","start":3630.34,"end":3630.74}]},{"text":"And I think the importance of that is clear to everyone.","start":3633.02,"end":3635.46,"topics":[],"words":[{"text":"And","start":3633.02,"end":3633.14},{"text":"I","start":3633.14,"end":3633.18},{"text":"think","start":3633.18,"end":3633.34},{"text":"the","start":3633.34,"end":3633.42},{"text":"importance","start":3633.42,"end":3633.82},{"text":"of","start":3633.82,"end":3633.9},{"text":"that","start":3633.9,"end":3634.1},{"text":"is","start":3634.1,"end":3634.58},{"text":"clear","start":3634.58,"end":3634.9},{"text":"to","start":3634.9,"end":3635.06},{"text":"everyone.","start":3635.06,"end":3635.46}]},{"text":"But I would like to speak about the fact that we are speaking about a 2030 project.","start":3636.02,"end":3641.78,"topics":[],"words":[{"text":"But","start":3636.02,"end":3636.26},{"text":"I","start":3636.26,"end":3636.3},{"text":"would","start":3636.3,"end":3636.5},{"text":"like","start":3636.5,"end":3636.74},{"text":"to","start":3636.74,"end":3636.9},{"text":"speak","start":3636.9,"end":3637.46},{"text":"about","start":3637.54,"end":3638.1},{"text":"the","start":3638.18,"end":3638.42},{"text":"fact","start":3638.42,"end":3638.82},{"text":"that","start":3638.82,"end":3638.98},{"text":"we","start":3638.98,"end":3639.14},{"text":"are","start":3639.14,"end":3639.38},{"text":"speaking","start":3639.38,"end":3639.86},{"text":"about","start":3639.86,"end":3640.5},{"text":"a","start":3640.5,"end":3640.58},{"text":"2030","start":3640.58,"end":3641.22},{"text":"project.","start":3641.22,"end":3641.78}]},{"text":"We are in 2026, and what will happen in the next four years?","start":3642.18,"end":3645.22,"topics":[],"words":[{"text":"We","start":3642.18,"end":3642.38},{"text":"are","start":3642.38,"end":3642.5},{"text":"in","start":3642.5,"end":3642.58},{"text":"2026,","start":3642.58,"end":3643.5},{"text":"and","start":3643.5,"end":3643.62},{"text":"what","start":3643.62,"end":3643.78},{"text":"will","start":3643.78,"end":3643.9},{"text":"happen","start":3643.9,"end":3644.22},{"text":"in","start":3644.22,"end":3644.3},{"text":"the","start":3644.3,"end":3644.38},{"text":"next","start":3644.38,"end":3644.58},{"text":"four","start":3644.58,"end":3644.82},{"text":"years?","start":3644.82,"end":3645.22}]},{"text":"We have heard about the different challenges in AI, robotics, climate change, internal and external conflicts, slowdown in growth, aging, and all of these elements not only accelerate the speed of change, but they also bring increased interactions between these different domains.","start":3647.32,"end":3669.08,"topics":[{"key":"changing-world-work","label":"Changing World of Work","description":"Adapting social protection to informal employment, platform work, and technological changes associated with artificial intelligence and robotics. 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Speakers stressed that transfers alone cannot overcome poverty without complementary services, decent jobs, and coordinated development policies."}],"words":[{"text":"Is","start":4254.88,"end":4255.04},{"text":"it","start":4255.08,"end":4255.2},{"text":"maintaining?","start":4255.2,"end":4255.88}]},{"text":"Is it a more, as another scholar noted, is it creating a more sustainable form of poverty?","start":4255.88,"end":4261.84,"topics":[{"key":"cash-transfer-adequacy","label":"Cash Transfer Adequacy","description":"Examining whether cash transfers provide adequate support and pathways toward lasting improvements in livelihoods. 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Speakers stressed that transfers alone cannot overcome poverty without complementary services, decent jobs, and coordinated development policies."}],"words":[{"text":"And","start":4272,"end":4272.56},{"text":"it's","start":4272.68,"end":4272.92},{"text":"seeing","start":4272.92,"end":4273.2},{"text":"social","start":4273.2,"end":4273.4},{"text":"protection,","start":4273.4,"end":4274},{"text":"it's","start":4274.08,"end":4274.32},{"text":"needing","start":4274.32,"end":4274.64},{"text":"to","start":4274.64,"end":4274.72},{"text":"see","start":4274.72,"end":4274.88},{"text":"social","start":4274.88,"end":4275.12},{"text":"as","start":4275.12,"end":4275.28},{"text":"more","start":4275.28,"end":4275.52},{"text":"than","start":4275.52,"end":4275.76},{"text":"cash","start":4275.76,"end":4276},{"text":"transfers.","start":4276,"end":4276.64}]},{"text":"It can't work on its own as just cash.","start":4277.2,"end":4278.96,"topics":[{"key":"cash-transfer-adequacy","label":"Cash Transfer Adequacy","description":"Examining whether cash transfers provide adequate support and pathways toward lasting improvements in livelihoods. 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Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."}],"words":[{"text":"And","start":4409.47,"end":4409.67},{"text":"I","start":4409.67,"end":4409.71},{"text":"think","start":4409.71,"end":4409.95},{"text":"if","start":4409.95,"end":4410.19},{"text":"we","start":4410.19,"end":4410.43},{"text":"base","start":4410.43,"end":4410.71},{"text":"ourselves","start":4410.71,"end":4411.03},{"text":"on","start":4411.03,"end":4411.11},{"text":"the","start":4411.11,"end":4411.23},{"text":"principle","start":4411.23,"end":4412.03},{"text":"that","start":4415.6,"end":4415.76},{"text":"we","start":4415.76,"end":4415.92},{"text":"need","start":4415.92,"end":4416.4},{"text":"less","start":4416.56,"end":4417.2},{"text":"material","start":4417.44,"end":4418.16},{"text":"consumption,","start":4418.48,"end":4419.2},{"text":"but","start":4419.2,"end":4419.36},{"text":"more","start":4419.36,"end":4419.68},{"text":"humanity,","start":4419.68,"end":4420.48},{"text":"we","start":4420.64,"end":4420.8},{"text":"may","start":4420.8,"end":4421.12},{"text":"be","start":4421.12,"end":4421.28},{"text":"able","start":4421.28,"end":4421.52},{"text":"to","start":4421.52,"end":4421.64},{"text":"reset","start":4421.64,"end":4422.08},{"text":"the","start":4422.08,"end":4422.2},{"text":"gauge","start":4422.2,"end":4422.48},{"text":"so","start":4422.48,"end":4422.6},{"text":"that","start":4422.6,"end":4423.04},{"text":"that","start":4423.04,"end":4423.24},{"text":"covers","start":4423.24,"end":4423.68},{"text":"everyone.","start":4423.68,"end":4424.16}]},{"text":"That's what I can offer in two minutes.","start":4424.56,"end":4426.08,"topics":[],"words":[{"text":"That's","start":4424.56,"end":4424.88},{"text":"what","start":4424.88,"end":4425.12},{"text":"I","start":4425.12,"end":4425.2},{"text":"can","start":4425.2,"end":4425.32},{"text":"offer","start":4425.32,"end":4425.48},{"text":"in","start":4425.48,"end":4425.56},{"text":"two","start":4425.56,"end":4425.72},{"text":"minutes.","start":4425.72,"end":4426.08}]}]}],"speaker":{"affiliation":"CAMFEBA","group":null,"function":"Senior Advisor","affiliation_full":"CAMFEBA"}},{"statement_number":37,"start":4426.08,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=1:13:47","paragraphs":[{"sentences":[{"text":"Very good note on which to hand over to Eric with your reflections on the place of work as we move forward, work and employment.","start":4426.08,"end":4433.28,"topics":[{"key":"changing-world-work","label":"Changing World of Work","description":"Adapting social protection to informal employment, platform work, and technological changes associated with artificial intelligence and robotics. Speakers discussed decent wages and working conditions, reduced working hours, and sharing productivity gains."}],"words":[{"text":"Very","start":4426.08,"end":4426.28},{"text":"good","start":4426.28,"end":4426.48},{"text":"note","start":4426.48,"end":4426.8},{"text":"on","start":4427.04,"end":4427.2},{"text":"which","start":4427.2,"end":4427.44},{"text":"to","start":4427.44,"end":4427.56},{"text":"hand","start":4427.56,"end":4427.76},{"text":"over","start":4427.76,"end":4428.08},{"text":"to","start":4428.08,"end":4428.2},{"text":"Eric","start":4428.24,"end":4428.72},{"text":"with","start":4428.96,"end":4429.16},{"text":"your","start":4429.16,"end":4429.32},{"text":"reflections","start":4429.32,"end":4429.92},{"text":"on","start":4429.92,"end":4430.04},{"text":"the","start":4430.04,"end":4430.16},{"text":"place","start":4430.16,"end":4430.4},{"text":"of","start":4430.4,"end":4430.56},{"text":"work","start":4430.56,"end":4430.96},{"text":"as","start":4431.36,"end":4431.6},{"text":"we","start":4431.6,"end":4431.72},{"text":"move","start":4431.72,"end":4431.88},{"text":"forward,","start":4431.88,"end":4432.32},{"text":"work","start":4432.32,"end":4432.6},{"text":"and","start":4432.6,"end":4432.72},{"text":"employment.","start":4432.72,"end":4433.28}]}]}],"speaker":{"affiliation":"ILO","group":null,"function":"Moderator","affiliation_full":"ILO"}},{"statement_number":38,"start":4435.12,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=1:13:56","paragraphs":[{"sentences":[{"text":"Thank you very much.","start":4435.12,"end":4436,"topics":[],"words":[{"text":"Thank","start":4435.12,"end":4435.36},{"text":"you","start":4435.36,"end":4435.44},{"text":"very","start":4435.44,"end":4435.6},{"text":"much.","start":4435.6,"end":4436}]},{"text":"After all of the interventions, it would seem that we internationally recognize universal social protection.","start":4442.28,"end":4450.7,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"After","start":4442.28,"end":4442.52},{"text":"all","start":4442.52,"end":4442.6},{"text":"of","start":4442.6,"end":4442.72},{"text":"the","start":4442.72,"end":4442.84},{"text":"interventions,","start":4442.84,"end":4443.4},{"text":"it","start":4443.4,"end":4443.48},{"text":"would","start":4443.48,"end":4443.6},{"text":"seem","start":4443.6,"end":4444},{"text":"that","start":4444,"end":4444.24},{"text":"we","start":4444.24,"end":4444.72},{"text":"internationally","start":4446.4,"end":4447.28},{"text":"recognize","start":4447.36,"end":4448.32},{"text":"universal","start":4449.26,"end":4449.78},{"text":"social","start":4449.78,"end":4450.1},{"text":"protection.","start":4450.1,"end":4450.7}]},{"text":"But now we have commitments, we have international standards, we have consensus internationally on this topic.","start":4451.22,"end":4457.5,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"That","start":4807.55,"end":4808.11},{"text":"alternative","start":4808.67,"end":4809.35},{"text":"strategy","start":4809.35,"end":4809.75},{"text":"will","start":4809.75,"end":4809.87},{"text":"not","start":4809.87,"end":4810.07},{"text":"succeed","start":4810.07,"end":4810.67},{"text":"unless","start":4811.15,"end":4811.63},{"text":"we","start":4811.63,"end":4811.79},{"text":"ensure","start":4811.79,"end":4812.35},{"text":"resilience","start":4812.67,"end":4813.47},{"text":"and","start":4813.47,"end":4813.59},{"text":"protection","start":4813.59,"end":4814.35},{"text":"to","start":4814.51,"end":4814.91},{"text":"the","start":4815.15,"end":4815.27},{"text":"bulk","start":4815.55,"end":4815.87},{"text":"of","start":4815.87,"end":4815.95},{"text":"the","start":4815.95,"end":4816.11},{"text":"people.","start":4816.11,"end":4816.43}]}]}],"speaker":{"affiliation":"ICRICT","group":null,"function":"Professor of Economics; Co-Chair, ICRICT","affiliation_full":"ICRICT"}},{"statement_number":43,"start":4818.6,"pageUrl":"/fr/asset/k1f/k1fgfoxbbm?lang=en&t=1:20:19","paragraphs":[{"sentences":[{"text":"Thank you very much, Jayati.","start":4818.6,"end":4819.88,"topics":[],"words":[{"text":"Thank","start":4818.6,"end":4818.84},{"text":"you","start":4818.84,"end":4818.92},{"text":"very","start":4818.92,"end":4819.16},{"text":"much,","start":4819.16,"end":4819.4},{"text":"Jayati.","start":4819.4,"end":4819.88}]},{"text":"I think you brought the macro, meso, micro all together and emphasizing again the importance of investing in social protection systems and social protection floors as part also of an employment generating strategy and decent work together with the kind of fiscal resources that are needed based on progressive taxation domestically and an enabling global financial architecture that enables countries to pursue their strategies.","start":4819.88,"end":4847.32,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."},{"key":"integrated-development-policy","label":"Integrated Development Policy","description":"Integrating social protection with macroeconomic, industrial, employment, and wage policies rather than using it only to compensate for economic failures. Speakers highlighted its contribution to growth, crisis stabilization, resilience, and social cohesion."},{"key":"progressive-tax-reform","label":"Progressive Tax Reform","description":"Progressive income and wealth taxation and fairer corporate taxation were proposed to finance public services and reduce inequality. Discussion also addressed tax avoidance, profit shifting, tax havens, and international tax cooperation."}],"words":[{"text":"I","start":4819.88,"end":4819.96},{"text":"think","start":4819.96,"end":4820.2},{"text":"you","start":4820.2,"end":4820.36},{"text":"brought","start":4820.36,"end":4820.76},{"text":"the","start":4820.76,"end":4820.92},{"text":"macro,","start":4820.92,"end":4821.4},{"text":"meso,","start":4821.4,"end":4821.96},{"text":"micro","start":4821.96,"end":4822.44},{"text":"all","start":4822.44,"end":4822.68},{"text":"together","start":4822.68,"end":4823.32},{"text":"and","start":4823.32,"end":4823.72},{"text":"emphasizing","start":4823.72,"end":4824.44},{"text":"again","start":4824.44,"end":4824.84},{"text":"the","start":4825.24,"end":4825.36},{"text":"importance","start":4825.48,"end":4826.12},{"text":"of","start":4826.12,"end":4826.2},{"text":"investing","start":4826.2,"end":4826.76},{"text":"in","start":4826.76,"end":4826.92},{"text":"social","start":4826.92,"end":4827.2},{"text":"protection","start":4827.2,"end":4827.72},{"text":"systems","start":4827.72,"end":4828.28},{"text":"and","start":4828.28,"end":4828.44},{"text":"social","start":4828.44,"end":4828.72},{"text":"protection","start":4828.72,"end":4829.24},{"text":"floors","start":4829.24,"end":4829.8},{"text":"as","start":4830.04,"end":4830.24},{"text":"part","start":4830.28,"end":4830.6},{"text":"also","start":4830.6,"end":4831.08},{"text":"of","start":4831.08,"end":4831.24},{"text":"an","start":4831.24,"end":4831.36},{"text":"employment","start":4831.36,"end":4831.84},{"text":"generating","start":4831.84,"end":4832.36},{"text":"strategy","start":4832.36,"end":4833.08},{"text":"and","start":4833.4,"end":4833.76},{"text":"decent","start":4833.76,"end":4834.2},{"text":"work","start":4834.2,"end":4834.52},{"text":"together","start":4834.52,"end":4834.96},{"text":"with","start":4834.96,"end":4835.2},{"text":"the","start":4835.2,"end":4835.32},{"text":"kind","start":4835.32,"end":4835.6},{"text":"of","start":4835.6,"end":4835.68},{"text":"fiscal","start":4835.68,"end":4836.04},{"text":"resources","start":4836.04,"end":4836.68},{"text":"that","start":4836.68,"end":4836.84},{"text":"are","start":4836.84,"end":4836.92},{"text":"needed","start":4836.92,"end":4837.4},{"text":"based","start":4837.52,"end":4838.04},{"text":"on","start":4838.04,"end":4838.24},{"text":"progressive","start":4838.24,"end":4838.76},{"text":"taxation","start":4838.76,"end":4839.4},{"text":"domestically","start":4839.4,"end":4840.12},{"text":"and","start":4840.36,"end":4840.72},{"text":"an","start":4840.72,"end":4840.8},{"text":"enabling","start":4840.8,"end":4841.48},{"text":"global","start":4841.48,"end":4841.8},{"text":"financial","start":4841.8,"end":4842.6},{"text":"architecture","start":4842.68,"end":4843.36},{"text":"that","start":4843.36,"end":4843.64},{"text":"enables","start":4844.08,"end":4844.68},{"text":"countries","start":4844.68,"end":4845.24},{"text":"to","start":4845.24,"end":4845.48},{"text":"pursue","start":4846.12,"end":4846.52},{"text":"their","start":4846.52,"end":4846.68},{"text":"strategies.","start":4846.68,"end":4847.32}]},{"text":"I also really appreciate I appreciated what you had to say about thinking about investing in the medium and small-sized enterprises and giving them the possibilities of growth and sustainability in the way that very often we give those privileges to bigger enterprises and multinationals.","start":4847.48,"end":4863.96,"topics":[{"key":"small-enterprise-development","label":"Small Enterprise Development","description":"Supporting small, medium, and micro enterprises as drivers of inclusive growth and employment. Proposed measures included better access to credit, inputs, and markets, alongside incentives comparable to those available to large businesses."}],"words":[{"text":"I","start":4847.48,"end":4847.56},{"text":"also","start":4847.56,"end":4847.84},{"text":"really","start":4847.84,"end":4848.08},{"text":"appreciate","start":4848.08,"end":4848.4},{"text":"I","start":4848.48,"end":4848.48},{"text":"appreciated","start":4848.48,"end":4848.88},{"text":"what","start":4848.88,"end":4849.04},{"text":"you","start":4849.04,"end":4849.12},{"text":"had","start":4849.12,"end":4849.24},{"text":"to","start":4849.24,"end":4849.32},{"text":"say","start":4849.32,"end":4849.56},{"text":"about","start":4849.56,"end":4849.88},{"text":"thinking","start":4850.36,"end":4850.76},{"text":"about","start":4850.76,"end":4851.24},{"text":"investing","start":4851.88,"end":4852.52},{"text":"in","start":4852.52,"end":4852.68},{"text":"the","start":4852.68,"end":4852.8},{"text":"medium","start":4852.8,"end":4853.2},{"text":"and","start":4853.2,"end":4853.32},{"text":"small-sized","start":4853.32,"end":4853.88},{"text":"enterprises","start":4853.88,"end":4854.6},{"text":"and","start":4854.6,"end":4854.72},{"text":"giving","start":4854.72,"end":4855.04},{"text":"them","start":4855.04,"end":4855.32},{"text":"the","start":4855.56,"end":4855.76},{"text":"possibilities","start":4855.8,"end":4856.68},{"text":"of","start":4856.68,"end":4856.84},{"text":"growth","start":4856.84,"end":4857.16},{"text":"and","start":4857.4,"end":4857.56},{"text":"sustainability","start":4857.56,"end":4858.36},{"text":"in","start":4858.36,"end":4858.52},{"text":"the","start":4858.52,"end":4858.64},{"text":"way","start":4858.64,"end":4858.84},{"text":"that","start":4858.84,"end":4859.08},{"text":"very","start":4859.36,"end":4859.64},{"text":"often","start":4859.64,"end":4860.04},{"text":"we","start":4860.04,"end":4860.28},{"text":"give","start":4860.28,"end":4860.44},{"text":"those","start":4860.44,"end":4860.64},{"text":"privileges","start":4860.64,"end":4861.16},{"text":"to","start":4861.2,"end":4861.4},{"text":"bigger","start":4861.8,"end":4862.2},{"text":"enterprises","start":4862.28,"end":4863},{"text":"and","start":4863,"end":4863.12},{"text":"multinationals.","start":4863.12,"end":4863.96}]},{"text":"So, thanks so much for all of that.","start":4864.44,"end":4866.36,"topics":[],"words":[{"text":"So,","start":4864.44,"end":4864.92},{"text":"thanks","start":4864.92,"end":4865.28},{"text":"so","start":4865.28,"end":4865.4},{"text":"much","start":4865.4,"end":4865.6},{"text":"for","start":4865.6,"end":4865.8},{"text":"all","start":4865.8,"end":4865.92},{"text":"of","start":4865.92,"end":4866.04},{"text":"that.","start":4866.04,"end":4866.36}]},{"text":"I will take two.","start":4866.52,"end":4867.4,"topics":[],"words":[{"text":"I","start":4866.52,"end":4866.68},{"text":"will","start":4866.68,"end":4866.84},{"text":"take","start":4866.84,"end":4867.08},{"text":"two.","start":4867.08,"end":4867.4}]},{"text":"half a minute to also say, because we talked a lot about planetary boundaries, about the climate crisis, to ask you to look at the last edition of the World Social Protection Report of the ILO, which looked at the climate crisis and which showed that countries that have made the least contributions to the climate crisis are the ones that are most vulnerable to climate shocks.","start":4868.96,"end":4890.84,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. Discussion connected social protection to just transitions and development within planetary boundaries."}],"words":[{"text":"half","start":4868.96,"end":4869.16},{"text":"a","start":4869.16,"end":4869.2},{"text":"minute","start":4869.2,"end":4869.76},{"text":"to","start":4869.76,"end":4869.88},{"text":"also","start":4869.88,"end":4870.28},{"text":"say,","start":4870.28,"end":4870.6},{"text":"because","start":4870.6,"end":4870.92},{"text":"we","start":4870.92,"end":4871.08},{"text":"talked","start":4871.08,"end":4871.36},{"text":"a","start":4871.36,"end":4871.4},{"text":"lot","start":4871.4,"end":4871.72},{"text":"about","start":4871.72,"end":4871.96},{"text":"planetary","start":4871.96,"end":4872.44},{"text":"boundaries,","start":4872.44,"end":4873.08},{"text":"about","start":4873.4,"end":4873.72},{"text":"the","start":4873.72,"end":4873.84},{"text":"climate","start":4873.84,"end":4874.24},{"text":"crisis,","start":4874.24,"end":4874.84},{"text":"to","start":4875.08,"end":4875.32},{"text":"ask","start":4875.4,"end":4875.76},{"text":"you","start":4875.76,"end":4875.88},{"text":"to","start":4875.88,"end":4876.04},{"text":"look","start":4876.04,"end":4876.28},{"text":"at","start":4876.28,"end":4876.4},{"text":"the","start":4876.4,"end":4876.48},{"text":"last","start":4876.48,"end":4876.84},{"text":"edition","start":4876.84,"end":4877.32},{"text":"of","start":4877.32,"end":4877.4},{"text":"the","start":4877.4,"end":4877.48},{"text":"World","start":4877.48,"end":4877.72},{"text":"Social","start":4877.72,"end":4878.04},{"text":"Protection","start":4878.04,"end":4878.56},{"text":"Report","start":4878.56,"end":4878.96},{"text":"of","start":4878.96,"end":4879.08},{"text":"the","start":4879.08,"end":4879.2},{"text":"ILO,","start":4879.2,"end":4879.72},{"text":"which","start":4879.92,"end":4880.2},{"text":"looked","start":4880.2,"end":4880.52},{"text":"at","start":4880.52,"end":4880.6},{"text":"the","start":4880.6,"end":4880.72},{"text":"climate","start":4880.72,"end":4881.08},{"text":"crisis","start":4881.08,"end":4881.64},{"text":"and","start":4881.64,"end":4881.8},{"text":"which","start":4881.8,"end":4882.04},{"text":"showed","start":4882.04,"end":4882.44},{"text":"that","start":4882.44,"end":4882.68},{"text":"countries","start":4882.68,"end":4883.24},{"text":"that","start":4883.24,"end":4883.4},{"text":"have","start":4883.4,"end":4883.72},{"text":"made","start":4883.72,"end":4884.04},{"text":"the","start":4884.28,"end":4884.4},{"text":"least","start":4884.4,"end":4884.76},{"text":"contributions","start":4884.76,"end":4885.8},{"text":"to","start":4885.96,"end":4886.28},{"text":"the","start":4886.28,"end":4886.4},{"text":"climate","start":4886.4,"end":4886.8},{"text":"crisis","start":4886.8,"end":4887.48},{"text":"are","start":4887.72,"end":4887.88},{"text":"the","start":4887.88,"end":4888.04},{"text":"ones","start":4888.04,"end":4888.48},{"text":"that","start":4888.48,"end":4888.68},{"text":"are","start":4888.68,"end":4888.84},{"text":"most","start":4888.84,"end":4889.24},{"text":"vulnerable","start":4889.24,"end":4889.8},{"text":"to","start":4889.8,"end":4889.88},{"text":"climate","start":4889.88,"end":4890.36},{"text":"shocks.","start":4890.36,"end":4890.84}]},{"text":"But at the same time, those are the very countries that have the lowest rates of coverage in the world.","start":4891,"end":4897.64,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. Discussion connected social protection to just transitions and development within planetary boundaries."},{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. Speakers emphasized turning international commitments into country-owned systems and treating protection as a right rather than charity."}],"words":[{"text":"But","start":4891,"end":4891.24},{"text":"at","start":4891.24,"end":4891.32},{"text":"the","start":4891.32,"end":4891.4},{"text":"same","start":4891.4,"end":4891.64},{"text":"time,","start":4891.64,"end":4891.96},{"text":"those","start":4891.96,"end":4892.2},{"text":"are","start":4892.2,"end":4892.28},{"text":"the","start":4892.28,"end":4892.4},{"text":"very","start":4892.4,"end":4892.68},{"text":"countries","start":4892.68,"end":4893.24},{"text":"that","start":4893.24,"end":4893.4},{"text":"have","start":4893.4,"end":4893.64},{"text":"the","start":4893.72,"end":4893.84},{"text":"lowest","start":4894.2,"end":4895},{"text":"rates","start":4895.4,"end":4895.88},{"text":"of","start":4895.96,"end":4896.12},{"text":"coverage","start":4896.12,"end":4896.76},{"text":"in","start":4897,"end":4897.16},{"text":"the","start":4897.16,"end":4897.24},{"text":"world.","start":4897.24,"end":4897.64}]},{"text":"So there is a real double injustice there, and I think it's important to emphasize that point as well, because it's part of the conversation.","start":4897.64,"end":4906.04,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. Discussion connected social protection to just transitions and development within planetary boundaries."}],"words":[{"text":"So","start":4897.64,"end":4897.96},{"text":"there","start":4898.04,"end":4898.28},{"text":"is","start":4898.28,"end":4898.52},{"text":"a","start":4898.6,"end":4898.64},{"text":"real","start":4898.64,"end":4898.8},{"text":"double","start":4899,"end":4899.24},{"text":"injustice","start":4899.24,"end":4899.88},{"text":"there,","start":4899.88,"end":4900.2},{"text":"and","start":4900.2,"end":4900.44},{"text":"I","start":4900.44,"end":4900.52},{"text":"think","start":4900.52,"end":4900.68},{"text":"it's","start":4900.68,"end":4900.92},{"text":"important","start":4900.92,"end":4901.36},{"text":"to","start":4901.36,"end":4901.48},{"text":"emphasize","start":4901.48,"end":4902.12},{"text":"that","start":4902.28,"end":4902.6},{"text":"point","start":4902.6,"end":4902.92},{"text":"as","start":4902.92,"end":4903.08},{"text":"well,","start":4903.08,"end":4903.4},{"text":"because","start":4903.4,"end":4903.88},{"text":"it's","start":4904.36,"end":4904.84},{"text":"part","start":4904.84,"end":4905.08},{"text":"of","start":4905.08,"end":4905.16},{"text":"the","start":4905.16,"end":4905.24},{"text":"conversation.","start":4905.24,"end":4906.04}]},{"text":"So really, how do we support and enable countries that are at the forefront of the climate crisis to have the fiscal resources to be able to invest in social protection systems that can help the populations withstand the climate-related shocks that are coming and will probably intensify in the future?","start":4906.04,"end":4923.48,"topics":[{"key":"climate-social-protection","label":"Climate Change and Social Protection","description":"Strengthening protection against climate shocks, especially for poorer households and countries with low coverage and limited responsibility for emissions. 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thanks very much to all our speakers for their very thoughtful and inspiring reflections.","start":4923.8,"end":4928.8,"topics":[],"words":[{"text":"So","start":4923.8,"end":4924.04},{"text":"thanks","start":4924.04,"end":4924.36},{"text":"very","start":4924.36,"end":4924.6},{"text":"much","start":4924.6,"end":4924.84},{"text":"to","start":4924.84,"end":4925},{"text":"all","start":4925,"end":4925.16},{"text":"our","start":4925.16,"end":4925.24},{"text":"speakers","start":4925.24,"end":4925.8},{"text":"for","start":4925.8,"end":4925.96},{"text":"their","start":4925.96,"end":4926.2},{"text":"very","start":4926.2,"end":4926.52},{"text":"thoughtful","start":4926.52,"end":4927.16},{"text":"and","start":4927.56,"end":4927.76},{"text":"inspiring","start":4927.76,"end":4928.36},{"text":"reflections.","start":4928.36,"end":4928.8}]},{"text":"for being so quick and adept to saying things in a very little time that they had, but saying very important points.","start":4928.92,"end":4937.16,"topics":[],"words":[{"text":"for","start":4928.92,"end":4929.08},{"text":"being","start":4929.08,"end":4929.32},{"text":"so","start":4929.32,"end":4929.8},{"text":"quick","start":4929.88,"end":4930.44},{"text":"and","start":4930.52,"end":4930.72},{"text":"adept","start":4930.72,"end":4931.12},{"text":"to","start":4931.12,"end":4931.4},{"text":"saying","start":4931.64,"end":4932.04},{"text":"things","start":4932.04,"end":4932.6},{"text":"in","start":4932.6,"end":4932.76},{"text":"a","start":4932.76,"end":4932.84},{"text":"very","start":4932.84,"end":4933.08},{"text":"little","start":4933.08,"end":4933.32},{"text":"time","start":4933.32,"end":4933.72},{"text":"that","start":4933.72,"end":4933.88},{"text":"they","start":4933.88,"end":4934.04},{"text":"had,","start":4934.04,"end":4934.52},{"text":"but","start":4934.52,"end":4934.84},{"text":"saying","start":4935.08,"end":4935.48},{"text":"very","start":4935.48,"end":4935.68},{"text":"important","start":4935.68,"end":4936.36},{"text":"points.","start":4936.6,"end":4937.16}]},{"text":"And I think this has given us a very strong basis for the rest of the day.","start":4937.4,"end":4941.24,"topics":[],"words":[{"text":"And","start":4937.4,"end":4937.64},{"text":"I","start":4937.64,"end":4937.72},{"text":"think","start":4937.72,"end":4937.92},{"text":"this","start":4937.92,"end":4938.12},{"text":"has","start":4938.12,"end":4938.28},{"text":"given","start":4938.28,"end":4938.56},{"text":"us","start":4938.56,"end":4938.68},{"text":"a","start":4938.68,"end":4938.76},{"text":"very","start":4938.76,"end":4939.04},{"text":"strong","start":4939.04,"end":4939.4},{"text":"basis","start":4939.4,"end":4939.88},{"text":"for","start":4939.88,"end":4940.2},{"text":"the","start":4940.2,"end":4940.32},{"text":"rest","start":4940.32,"end":4940.6},{"text":"of","start":4940.6,"end":4940.76},{"text":"the","start":4940.76,"end":4940.84},{"text":"day.","start":4940.84,"end":4941.24}]},{"text":"The next session is on building social protection systems, fostering sustainability, solidarity, resilience, social insurance, and supporting decent work.","start":4941.8,"end":4950.68,"topics":[{"key":"universal-social-protection","label":"Universal Social Protection","description":"Expanding social protection coverage through rights-based systems that enable everyone to live in dignity. 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you very much to everyone and a round of applause for all our 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