In the Pact of the Future, Member States noted with appreciation the initiative by the United Nations Secretary-General to convene a Biennial Summit for a sustainable, inclusive and resilient global economy. The Summit is envisaged as a platform to unite multilateral efforts and the international financial system around shared goals for sustainable development.
The objectives of the meeting will be to: Facilitate a stocktake of commitments relating to financing the SDGs made in different fora—with a particular focus on the recent Fourth International Conference on Financing for Development—and discuss how to support their implementation and maximize the impact of resources. Elevate this agenda to the highest level, through an inclusive dialogue between leaders of multilateral institutions and Heads of State and Government, adjacent to the general debate of the UN General Assembly. Explore ways to strengthen collaboration between multilateral institutions for implementation of the 2030 Agenda, and enhance understanding among all Member States of the critical role of multilateral cooperation and partnerships in solving today's most critical economic challenges. Following shortly after the Fourth International Conference on Financing for Development, the first Biennial Summit provides a valuable opportunity to showcase, and galvanize efforts around, the conference's outcomes, and to build on the demonstration of unity and resolve exhibited by the global community in Sevilla.
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