{"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/zh/asset/k1t/k1tqwhbmir?lang=en","llms":{"note":"Plain-text sibling of this page, compact for LLM context. For the full API guide (search, listing, URL grammar) see /llms.txt.","textUrl":"/zh/asset/k1t/k1tqwhbmir.txt","guide":"/llms.txt"},"video":{"id":"k1t/k1tqwhbmir","kaltura_id":"1_tqwhbmir","title":"(7th meeting) 2026 ECOSOC Forum on Financing for Development Follow-Up (FfD Forum)","clean_title":"(7th meeting) 2026 ECOSOC Forum on Financing for Development Follow-Up (FfD Forum)","url":"https://webtv.un.org/en/asset/k1t/k1tqwhbmir","date":"2026-04-23T00:00:00.000Z","scheduled_time":"2026-04-23T14:00:00.000Z","status":"finished","duration":"03:01:51","category":"Economic and Social Council","body":"Economic and Social Council","event_code":null,"event_type":null,"session_number":null,"pv_symbol":null,"pv_part":null,"slug":"asset/k1t/k1tqwhbmir"},"metadata":{"summary":"The 2026 ECOSOC Forum on Financing for Development Follow-Up (FfD Forum) – a key mechanism of the Financing for Development process, will be held on 20-24 April 2026. ","description":"2026 in-depth review: Domestic and international private business and finance\nPrivate Business and Finance as Drivers of Sustainable Development\nStrengthening sustainable business and finance for development impact\nThe Forum this year assumes added importance and a critical role in mobilizing momentum and concrete solutions from the 4th International Conference on Financing for Development (FFD4) held in Sevilla in June 2025.\nThe 2026 Forum will feature in-depth reviews of four action areas - on Domestic and International Private Business and Finance, International Trade as an Engine for Development, International Financial Architecture and Systemic Issues, and Data, Monitoring and Follow-up, as well as Special focus on Debt and Debt Sustainability, International Development Cooperation and Development Effectiveness, and Domestic Public Resources.\nThe FfD Forum will also be accompanied by the SDG Investment Fair, Special High-level Meetings and the Fin4Dev Dialogues.","categories":["Meetings & Events","Economic and Social Council","ECOSOC Forums","Forum on Financing for Development follow-up","2026"],"geographic_subject":[],"subject_topical":["FORUM","DEVELOPMENT","FINANCE","BUSINESS","DEBT","COOPERATION"],"corporate_name":["ECONOMIC AND SOCIAL COUNCIL - ECOSOC","INTERNATIONAL CONFERENCE ON FINANCING FOR DEVELOPMENT - FFD"],"speaker_affiliation":[],"related_documents":[{"title":"FfD Forum Website","url":"https://financing.desa.un.org/what-we-do/ECOSOC/financing-development-forum/FFD-forum-home"}]},"transcript":{"transcript_id":"assemblyai-1824b20d-fc06-4ff9-9dfd-10d8ac25e773","language":"en","data":[{"statement_number":1,"start":9.76,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=10","paragraphs":[{"sentences":[{"text":"Excellencies, distinguished delegates, I call to order the seventh meeting of the 2026 sessions of the Economic and Social Council Forum on Financing for Development.","start":9.76,"end":24.079,"topics":[],"words":[{"text":"Excellencies,","start":9.76,"end":10.333},{"text":"distinguished","start":10.333,"end":10.906},{"text":"delegates,","start":10.906,"end":11.478},{"text":"I","start":11.478,"end":12.051},{"text":"call","start":12.051,"end":12.624},{"text":"to","start":12.624,"end":13.197},{"text":"order","start":13.197,"end":13.769},{"text":"the","start":13.769,"end":14.342},{"text":"seventh","start":14.342,"end":14.915},{"text":"meeting","start":14.915,"end":15.488},{"text":"of","start":15.488,"end":16.06},{"text":"the","start":16.06,"end":16.633},{"text":"2026","start":16.633,"end":17.206},{"text":"sessions","start":17.206,"end":17.779},{"text":"of","start":17.779,"end":18.351},{"text":"the","start":18.351,"end":18.924},{"text":"Economic","start":18.924,"end":19.497},{"text":"and","start":19.497,"end":20.07},{"text":"Social","start":20.07,"end":20.643},{"text":"Council","start":20.643,"end":21.215},{"text":"Forum","start":21.215,"end":21.788},{"text":"on","start":21.788,"end":22.361},{"text":"Financing","start":22.361,"end":22.934},{"text":"for","start":22.934,"end":23.506},{"text":"Development.","start":23.506,"end":24.079}]},{"text":"Follow Excellencies, distinguished delegates.","start":24.079,"end":26.37,"topics":[],"words":[{"text":"Follow","start":24.079,"end":24.652},{"text":"Excellencies,","start":24.652,"end":25.225},{"text":"distinguished","start":25.225,"end":25.797},{"text":"delegates.","start":25.797,"end":26.37}]},{"text":"I now invite the Forum to resume its considerations of sub item D of agenda item two to hold an in depth review of the domestic and international private business and finance.","start":26.37,"end":44.699,"topics":[],"words":[{"text":"I","start":26.37,"end":26.943},{"text":"now","start":26.943,"end":27.516},{"text":"invite","start":27.516,"end":28.089},{"text":"the","start":28.089,"end":28.661},{"text":"Forum","start":28.661,"end":29.234},{"text":"to","start":29.234,"end":29.807},{"text":"resume","start":29.807,"end":30.38},{"text":"its","start":30.38,"end":30.952},{"text":"considerations","start":30.952,"end":31.525},{"text":"of","start":31.525,"end":32.098},{"text":"sub","start":32.098,"end":32.671},{"text":"item","start":32.671,"end":33.243},{"text":"D","start":33.243,"end":33.816},{"text":"of","start":33.816,"end":34.389},{"text":"agenda","start":34.389,"end":34.962},{"text":"item","start":34.962,"end":35.534},{"text":"two","start":35.534,"end":36.107},{"text":"to","start":36.107,"end":36.68},{"text":"hold","start":36.68,"end":37.253},{"text":"an","start":37.253,"end":37.826},{"text":"in","start":37.826,"end":38.398},{"text":"depth","start":38.398,"end":38.971},{"text":"review","start":38.971,"end":39.544},{"text":"of","start":39.544,"end":40.117},{"text":"the","start":40.117,"end":40.689},{"text":"domestic","start":40.689,"end":41.262},{"text":"and","start":41.262,"end":41.835},{"text":"international","start":41.835,"end":42.408},{"text":"private","start":42.408,"end":42.98},{"text":"business","start":42.98,"end":43.553},{"text":"and","start":43.553,"end":44.126},{"text":"finance.","start":44.126,"end":44.699}]},{"text":"The Forum will hold a panel discussion on private business and finance as drivers of sustainable development.","start":44.699,"end":54.436,"topics":[],"words":[{"text":"The","start":44.699,"end":45.271},{"text":"Forum","start":45.271,"end":45.844},{"text":"will","start":45.844,"end":46.417},{"text":"hold","start":46.417,"end":46.99},{"text":"a","start":46.99,"end":47.563},{"text":"panel","start":47.563,"end":48.135},{"text":"discussion","start":48.135,"end":48.708},{"text":"on","start":48.708,"end":49.281},{"text":"private","start":49.281,"end":49.854},{"text":"business","start":49.854,"end":50.426},{"text":"and","start":50.426,"end":50.999},{"text":"finance","start":50.999,"end":51.572},{"text":"as","start":51.572,"end":52.145},{"text":"drivers","start":52.145,"end":52.717},{"text":"of","start":52.717,"end":53.29},{"text":"sustainable","start":53.29,"end":53.863},{"text":"development.","start":53.863,"end":54.436}]},{"text":"I'm pleased to welcome our distinguished presenters for this morning.","start":54.436,"end":60.163,"topics":[],"words":[{"text":"I'm","start":54.436,"end":55.009},{"text":"pleased","start":55.009,"end":55.581},{"text":"to","start":55.581,"end":56.154},{"text":"welcome","start":56.154,"end":56.727},{"text":"our","start":56.727,"end":57.3},{"text":"distinguished","start":57.3,"end":57.872},{"text":"presenters","start":57.872,"end":58.445},{"text":"for","start":58.445,"end":59.018},{"text":"this","start":59.018,"end":59.591},{"text":"morning.","start":59.591,"end":60.163}]},{"text":"I also welcome our Moderator, Mr. Nabeed Hanif, Assistant Secretary General for Economic Development in the Department of Economic and Social affairs, who will conduct the discussions as 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look forward to an open, very constructive and very productive session and the exchange of views.","start":76.774,"end":86.511,"topics":[],"words":[{"text":"I","start":76.774,"end":77.346},{"text":"look","start":77.346,"end":77.919},{"text":"forward","start":77.919,"end":78.492},{"text":"to","start":78.492,"end":79.065},{"text":"an","start":79.065,"end":79.637},{"text":"open,","start":79.637,"end":80.21},{"text":"very","start":80.21,"end":80.783},{"text":"constructive","start":80.783,"end":81.356},{"text":"and","start":81.356,"end":81.929},{"text":"very","start":81.929,"end":82.501},{"text":"productive","start":82.501,"end":83.074},{"text":"session","start":83.074,"end":83.647},{"text":"and","start":83.647,"end":84.22},{"text":"the","start":84.22,"end":84.792},{"text":"exchange","start":84.792,"end":85.365},{"text":"of","start":85.365,"end":85.938},{"text":"views.","start":85.938,"end":86.511}]},{"text":"Mr. Hanif, you have the floor 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we have a very distinguished panel joining us this morning and one minister joining us remotely.","start":106.735,"end":116.71,"topics":[],"words":[{"text":"And","start":106.735,"end":107.322},{"text":"we","start":107.322,"end":107.909},{"text":"have","start":107.909,"end":108.496},{"text":"a","start":108.496,"end":109.082},{"text":"very","start":109.082,"end":109.669},{"text":"distinguished","start":109.669,"end":110.256},{"text":"panel","start":110.256,"end":110.843},{"text":"joining","start":110.843,"end":111.429},{"text":"us","start":111.429,"end":112.016},{"text":"this","start":112.016,"end":112.603},{"text":"morning","start":112.603,"end":113.19},{"text":"and","start":113.19,"end":113.776},{"text":"one","start":113.776,"end":114.363},{"text":"minister","start":114.363,"end":114.95},{"text":"joining","start":114.95,"end":115.537},{"text":"us","start":115.537,"end":116.123},{"text":"remotely.","start":116.123,"end":116.71}]},{"text":"The financing for development agenda focuses on 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Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."}],"words":[{"text":"They","start":185.36,"end":185.947},{"text":"are","start":185.947,"end":186.534},{"text":"committed","start":186.534,"end":187.121},{"text":"to","start":187.121,"end":187.708},{"text":"help","start":187.708,"end":188.294},{"text":"countries","start":188.294,"end":188.881},{"text":"in","start":188.881,"end":189.468},{"text":"energy","start":189.468,"end":190.055},{"text":"transition,","start":190.055,"end":190.641},{"text":"in","start":190.641,"end":191.228},{"text":"digitalization,","start":191.228,"end":191.815},{"text":"in","start":191.815,"end":192.402},{"text":"building","start":192.402,"end":192.988},{"text":"infrastructure.","start":192.988,"end":193.575}]},{"text":"Infrastructure holds key to the achievement of the Sustainable Development Goals.","start":193.575,"end":200.029,"topics":[{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. 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Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."}],"words":[{"text":"Infrastructure","start":193.575,"end":194.162},{"text":"holds","start":194.162,"end":194.749},{"text":"key","start":194.749,"end":195.335},{"text":"to","start":195.335,"end":195.922},{"text":"the","start":195.922,"end":196.509},{"text":"achievement","start":196.509,"end":197.096},{"text":"of","start":197.096,"end":197.682},{"text":"the","start":197.682,"end":198.269},{"text":"Sustainable","start":198.269,"end":198.856},{"text":"Development","start":198.856,"end":199.443},{"text":"Goals.","start":199.443,"end":200.029}]},{"text":"Today our discussion is going to focus on and this is one puzzle which if I think naively, should have been solved long time ago.","start":200.029,"end":214.698,"topics":[],"words":[{"text":"Today","start":200.029,"end":200.616},{"text":"our","start":200.616,"end":201.203},{"text":"discussion","start":201.203,"end":201.79},{"text":"is","start":201.79,"end":202.376},{"text":"going","start":202.376,"end":202.963},{"text":"to","start":202.963,"end":203.55},{"text":"focus","start":203.55,"end":204.137},{"text":"on","start":204.137,"end":204.723},{"text":"and","start":204.723,"end":205.31},{"text":"this","start":205.31,"end":205.897},{"text":"is","start":205.897,"end":206.484},{"text":"one","start":206.484,"end":207.07},{"text":"puzzle","start":207.07,"end":207.657},{"text":"which","start":207.657,"end":208.244},{"text":"if","start":208.244,"end":208.831},{"text":"I","start":208.831,"end":209.417},{"text":"think","start":209.417,"end":210.004},{"text":"naively,","start":210.004,"end":210.591},{"text":"should","start":210.591,"end":211.178},{"text":"have","start":211.178,"end":211.764},{"text":"been","start":211.764,"end":212.351},{"text":"solved","start":212.351,"end":212.938},{"text":"long","start":212.938,"end":213.525},{"text":"time","start":213.525,"end":214.111},{"text":"ago.","start":214.111,"end":214.698}]},{"text":"Opportunities abound for return for development and capital is also in abundance.","start":214.698,"end":221.739,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."}],"words":[{"text":"Opportunities","start":214.698,"end":215.285},{"text":"abound","start":215.285,"end":215.872},{"text":"for","start":215.872,"end":216.458},{"text":"return","start":216.458,"end":217.045},{"text":"for","start":217.045,"end":217.632},{"text":"development","start":217.632,"end":218.219},{"text":"and","start":218.219,"end":218.805},{"text":"capital","start":218.805,"end":219.392},{"text":"is","start":219.392,"end":219.979},{"text":"also","start":219.979,"end":220.566},{"text":"in","start":220.566,"end":221.153},{"text":"abundance.","start":221.153,"end":221.739}]},{"text":"According to demand and supply rule, they should come together.","start":221.739,"end":227.607,"topics":[],"words":[{"text":"According","start":221.739,"end":222.326},{"text":"to","start":222.326,"end":222.913},{"text":"demand","start":222.913,"end":223.5},{"text":"and","start":223.5,"end":224.086},{"text":"supply","start":224.086,"end":224.673},{"text":"rule,","start":224.673,"end":225.26},{"text":"they","start":225.26,"end":225.847},{"text":"should","start":225.847,"end":226.433},{"text":"come","start":226.433,"end":227.02},{"text":"together.","start":227.02,"end":227.607}]},{"text":"But that's not happening.","start":227.607,"end":229.954,"topics":[],"words":[{"text":"But","start":227.607,"end":228.194},{"text":"that's","start":228.194,"end":228.78},{"text":"not","start":228.78,"end":229.367},{"text":"happening.","start":229.367,"end":229.954}]},{"text":"It hasn't happened so far at the scale and the speed that we need to attain very quickly.","start":229.954,"end":240.515,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"In","start":246.383,"end":246.97},{"text":"this","start":246.97,"end":247.556},{"text":"chapter,","start":247.556,"end":248.143},{"text":"chapter","start":248.143,"end":248.73},{"text":"4.2,","start":248.73,"end":249.317},{"text":"Domestic","start":249.317,"end":249.903},{"text":"and","start":249.903,"end":250.49},{"text":"International","start":250.49,"end":251.077},{"text":"Private","start":251.077,"end":251.664},{"text":"Business","start":251.664,"end":252.251},{"text":"and","start":252.251,"end":252.837},{"text":"Finance","start":252.837,"end":253.424},{"text":"has","start":253.424,"end":254.011},{"text":"given","start":254.011,"end":254.598},{"text":"analysis","start":254.598,"end":255.184},{"text":"how","start":255.184,"end":255.771},{"text":"to","start":255.771,"end":256.358},{"text":"advance","start":256.358,"end":256.945},{"text":"on","start":256.945,"end":257.531},{"text":"the","start":257.531,"end":258.118},{"text":"soye","start":258.118,"end":258.705},{"text":"commitment","start":258.705,"end":259.292},{"text":"actions","start":259.292,"end":259.878},{"text":"on","start":259.878,"end":260.465},{"text":"this","start":260.465,"end":261.052},{"text":"particular","start":261.052,"end":261.639},{"text":"aspect","start":261.639,"end":262.225},{"text":"of","start":262.225,"end":262.812},{"text":"financing","start":262.812,"end":263.399},{"text":"for","start":263.399,"end":263.986},{"text":"development.","start":263.986,"end":264.572}]},{"text":"So our discussion today is we know largely what to do and we are committed to do it.","start":264.572,"end":275.134,"topics":[],"words":[{"text":"So","start":264.572,"end":265.159},{"text":"our","start":265.159,"end":265.746},{"text":"discussion","start":265.746,"end":266.333},{"text":"today","start":266.333,"end":266.919},{"text":"is","start":266.919,"end":267.506},{"text":"we","start":267.506,"end":268.093},{"text":"know","start":268.093,"end":268.68},{"text":"largely","start":268.68,"end":269.266},{"text":"what","start":269.266,"end":269.853},{"text":"to","start":269.853,"end":270.44},{"text":"do","start":270.44,"end":271.027},{"text":"and","start":271.027,"end":271.613},{"text":"we","start":271.613,"end":272.2},{"text":"are","start":272.2,"end":272.787},{"text":"committed","start":272.787,"end":273.374},{"text":"to","start":273.374,"end":273.96},{"text":"do","start":273.96,"end":274.547},{"text":"it.","start":274.547,"end":275.134}]},{"text":"But why aren't we doing it?","start":275.134,"end":278.654,"topics":[],"words":[{"text":"But","start":275.134,"end":275.721},{"text":"why","start":275.721,"end":276.307},{"text":"aren't","start":276.307,"end":276.894},{"text":"we","start":276.894,"end":277.481},{"text":"doing","start":277.481,"end":278.068},{"text":"it?","start":278.068,"end":278.654}]},{"text":"What are the obstacles that we are confronted with?","start":278.654,"end":283.935,"topics":[],"words":[{"text":"What","start":278.654,"end":279.241},{"text":"are","start":279.241,"end":279.828},{"text":"the","start":279.828,"end":280.415},{"text":"obstacles","start":280.415,"end":281.001},{"text":"that","start":281.001,"end":281.588},{"text":"we","start":281.588,"end":282.175},{"text":"are","start":282.175,"end":282.762},{"text":"confronted","start":282.762,"end":283.349},{"text":"with?","start":283.349,"end":283.935}]},{"text":"The report also clearly conveys it's not only by mobilizing greater volumes of capital, but by improving alignment, quality and development impact.","start":283.935,"end":296.844,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."}],"words":[{"text":"The","start":283.935,"end":284.522},{"text":"report","start":284.522,"end":285.109},{"text":"also","start":285.109,"end":285.696},{"text":"clearly","start":285.696,"end":286.282},{"text":"conveys","start":286.282,"end":286.869},{"text":"it's","start":286.869,"end":287.456},{"text":"not","start":287.456,"end":288.043},{"text":"only","start":288.043,"end":288.629},{"text":"by","start":288.629,"end":289.216},{"text":"mobilizing","start":289.216,"end":289.803},{"text":"greater","start":289.803,"end":290.39},{"text":"volumes","start":290.39,"end":290.976},{"text":"of","start":290.976,"end":291.563},{"text":"capital,","start":291.563,"end":292.15},{"text":"but","start":292.15,"end":292.737},{"text":"by","start":292.737,"end":293.323},{"text":"improving","start":293.323,"end":293.91},{"text":"alignment,","start":293.91,"end":294.497},{"text":"quality","start":294.497,"end":295.084},{"text":"and","start":295.084,"end":295.67},{"text":"development","start":295.67,"end":296.257},{"text":"impact.","start":296.257,"end":296.844}]},{"text":"That's what private sector's role should be in helping countries to achieve this 2030 agenda and also transition to sustainable economies.","start":296.844,"end":309.166,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Capacity building for governments, regulators, financial institutions, and market actors was repeatedly identified as necessary to implement frameworks and turn commitments into results."}],"words":[{"text":"That's","start":296.844,"end":297.431},{"text":"what","start":297.431,"end":298.017},{"text":"private","start":298.017,"end":298.604},{"text":"sector's","start":298.604,"end":299.191},{"text":"role","start":299.191,"end":299.778},{"text":"should","start":299.778,"end":300.364},{"text":"be","start":300.364,"end":300.951},{"text":"in","start":300.951,"end":301.538},{"text":"helping","start":301.538,"end":302.125},{"text":"countries","start":302.125,"end":302.711},{"text":"to","start":302.711,"end":303.298},{"text":"achieve","start":303.298,"end":303.885},{"text":"this","start":303.885,"end":304.472},{"text":"2030","start":304.472,"end":305.058},{"text":"agenda","start":305.058,"end":305.645},{"text":"and","start":305.645,"end":306.232},{"text":"also","start":306.232,"end":306.819},{"text":"transition","start":306.819,"end":307.405},{"text":"to","start":307.405,"end":307.992},{"text":"sustainable","start":307.992,"end":308.579},{"text":"economies.","start":308.579,"end":309.166}]},{"text":"So with those comments, I just want to draw attention to to the audience and the panel members before I introduce them.","start":309.166,"end":322.074,"topics":[],"words":[{"text":"So","start":309.166,"end":309.752},{"text":"with","start":309.752,"end":310.339},{"text":"those","start":310.339,"end":310.926},{"text":"comments,","start":310.926,"end":311.513},{"text":"I","start":311.513,"end":312.099},{"text":"just","start":312.099,"end":312.686},{"text":"want","start":312.686,"end":313.273},{"text":"to","start":313.273,"end":313.86},{"text":"draw","start":313.86,"end":314.447},{"text":"attention","start":314.447,"end":315.033},{"text":"to","start":315.033,"end":315.62},{"text":"to","start":315.62,"end":316.207},{"text":"the","start":316.207,"end":316.794},{"text":"audience","start":316.794,"end":317.38},{"text":"and","start":317.38,"end":317.967},{"text":"the","start":317.967,"end":318.554},{"text":"panel","start":318.554,"end":319.141},{"text":"members","start":319.141,"end":319.727},{"text":"before","start":319.727,"end":320.314},{"text":"I","start":320.314,"end":320.901},{"text":"introduce","start":320.901,"end":321.488},{"text":"them.","start":321.488,"end":322.074}]},{"text":"We have also listed three questions for this discussion.","start":322.074,"end":327.355,"topics":[],"words":[{"text":"We","start":322.074,"end":322.661},{"text":"have","start":322.661,"end":323.248},{"text":"also","start":323.248,"end":323.835},{"text":"listed","start":323.835,"end":324.421},{"text":"three","start":324.421,"end":325.008},{"text":"questions","start":325.008,"end":325.595},{"text":"for","start":325.595,"end":326.182},{"text":"this","start":326.182,"end":326.768},{"text":"discussion.","start":326.768,"end":327.355}]},{"text":"Tell us and please focus on how the actions committed in the Sevilla commitment on financial, private sector development, enabling environment, how do we get there?","start":327.355,"end":342.611,"topics":[{"key":"enabling-environment","label":"Enabling Policy and Regulatory Environment","description":"A recurring theme was the need for predictable policy frameworks, credible regulation, legal protections, and stable institutions to attract investment. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"What","start":342.611,"end":343.197},{"text":"incentives,","start":343.197,"end":343.784},{"text":"regulatory","start":343.784,"end":344.371},{"text":"and","start":344.371,"end":344.958},{"text":"financial","start":344.958,"end":345.545},{"text":"levers","start":345.545,"end":346.131},{"text":"policymakers","start":346.131,"end":346.718},{"text":"can","start":346.718,"end":347.305},{"text":"utilize","start":347.305,"end":347.892},{"text":"to","start":347.892,"end":348.478},{"text":"improve","start":348.478,"end":349.065},{"text":"access","start":349.065,"end":349.652},{"text":"to","start":349.652,"end":350.239},{"text":"finance,","start":350.239,"end":350.825},{"text":"especially","start":350.825,"end":351.412},{"text":"for","start":351.412,"end":351.999},{"text":"SMEs?","start":351.999,"end":352.586}]},{"text":"In what role can investors, development banks and public finance play to make blended finance work for everyone because it is highly concentrated.","start":352.586,"end":366.081,"topics":[{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. 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Minister, you have the microphone.","start":458.788,"end":462.309,"topics":[],"words":[{"text":"Mr.","start":458.788,"end":459.375},{"text":"Minister,","start":459.375,"end":459.962},{"text":"you","start":459.962,"end":460.548},{"text":"have","start":460.548,"end":461.135},{"text":"the","start":461.135,"end":461.722},{"text":"microphone.","start":461.722,"end":462.309}]},{"text":"Thank you.","start":462.309,"end":463.482,"topics":[],"words":[{"text":"Thank","start":462.309,"end":462.895},{"text":"you.","start":462.895,"end":463.482}]},{"text":"Yeah.","start":463.482,"end":464.069,"topics":[],"words":[{"text":"Yeah.","start":463.482,"end":464.069}]},{"text":"So has the Minister 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Secretary-General"}},{"statement_number":3,"start":474.08,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=475","paragraphs":[{"sentences":[{"text":"Oh, yeah, I'm sorry, I couldn't.","start":474.08,"end":475.904,"topics":[],"words":[{"text":"Oh,","start":474.08,"end":474.384},{"text":"yeah,","start":474.384,"end":474.688},{"text":"I'm","start":474.688,"end":474.992},{"text":"sorry,","start":474.992,"end":475.296},{"text":"I","start":475.296,"end":475.6},{"text":"couldn't.","start":475.6,"end":475.904}]},{"text":"I couldn't hear anything.","start":475.904,"end":477.12,"topics":[],"words":[{"text":"I","start":475.904,"end":476.208},{"text":"couldn't","start":476.208,"end":476.512},{"text":"hear","start":476.512,"end":476.816},{"text":"anything.","start":476.816,"end":477.12}]},{"text":"So I tried a couple of 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Mr. Minister, you were with us in Seville and you had brought some projects also from 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projects.","start":505.886,"end":511.908,"topics":[],"words":[{"text":"Pakistan","start":505.886,"end":506.262},{"text":"has","start":506.262,"end":506.638},{"text":"also","start":506.638,"end":507.015},{"text":"been","start":507.015,"end":507.391},{"text":"to","start":507.391,"end":507.768},{"text":"the","start":507.768,"end":508.144},{"text":"SDG","start":508.144,"end":508.521},{"text":"Investment","start":508.521,"end":508.897},{"text":"Fair","start":508.897,"end":509.273},{"text":"around","start":509.273,"end":509.65},{"text":"four","start":509.65,"end":510.026},{"text":"times","start":510.026,"end":510.403},{"text":"with","start":510.403,"end":510.779},{"text":"very","start":510.779,"end":511.155},{"text":"important","start":511.155,"end":511.532},{"text":"projects.","start":511.532,"end":511.908}]},{"text":"So we want to hear from you what how far we have been able to meet your expectations and what are the barriers you have confronted with.","start":511.908,"end":522.072,"topics":[],"words":[{"text":"So","start":511.908,"end":512.285},{"text":"we","start":512.285,"end":512.661},{"text":"want","start":512.661,"end":513.038},{"text":"to","start":513.038,"end":513.414},{"text":"hear","start":513.414,"end":513.79},{"text":"from","start":513.79,"end":514.167},{"text":"you","start":514.167,"end":514.543},{"text":"what","start":514.543,"end":514.92},{"text":"how","start":514.92,"end":515.296},{"text":"far","start":515.296,"end":515.673},{"text":"we","start":515.673,"end":516.049},{"text":"have","start":516.049,"end":516.425},{"text":"been","start":516.425,"end":516.802},{"text":"able","start":516.802,"end":517.178},{"text":"to","start":517.178,"end":517.555},{"text":"meet","start":517.555,"end":517.931},{"text":"your","start":517.931,"end":518.307},{"text":"expectations","start":518.307,"end":518.684},{"text":"and","start":518.684,"end":519.06},{"text":"what","start":519.06,"end":519.437},{"text":"are","start":519.437,"end":519.813},{"text":"the","start":519.813,"end":520.19},{"text":"barriers","start":520.19,"end":520.566},{"text":"you","start":520.566,"end":520.942},{"text":"have","start":520.942,"end":521.319},{"text":"confronted","start":521.319,"end":521.695},{"text":"with.","start":521.695,"end":522.072}]},{"text":"You are confronted with an attracting investment, how to overcome those obstacles.","start":522.072,"end":526.589,"topics":[],"words":[{"text":"You","start":522.072,"end":522.448},{"text":"are","start":522.448,"end":522.825},{"text":"confronted","start":522.825,"end":523.201},{"text":"with","start":523.201,"end":523.577},{"text":"an","start":523.577,"end":523.954},{"text":"attracting","start":523.954,"end":524.33},{"text":"investment,","start":524.33,"end":524.707},{"text":"how","start":524.707,"end":525.083},{"text":"to","start":525.083,"end":525.459},{"text":"overcome","start":525.459,"end":525.836},{"text":"those","start":525.836,"end":526.212},{"text":"obstacles.","start":526.212,"end":526.589}]},{"text":"I would welcome your reflections and we are focused on how to accelerate investment in the SDGs.","start":526.589,"end":532.988,"topics":[],"words":[{"text":"I","start":526.589,"end":526.965},{"text":"would","start":526.965,"end":527.342},{"text":"welcome","start":527.342,"end":527.718},{"text":"your","start":527.718,"end":528.094},{"text":"reflections","start":528.094,"end":528.471},{"text":"and","start":528.471,"end":528.847},{"text":"we","start":528.847,"end":529.224},{"text":"are","start":529.224,"end":529.6},{"text":"focused","start":529.6,"end":529.977},{"text":"on","start":529.977,"end":530.353},{"text":"how","start":530.353,"end":530.729},{"text":"to","start":530.729,"end":531.106},{"text":"accelerate","start":531.106,"end":531.482},{"text":"investment","start":531.482,"end":531.859},{"text":"in","start":531.859,"end":532.235},{"text":"the","start":532.235,"end":532.611},{"text":"SDGs.","start":532.611,"end":532.988}]},{"text":"Over to you, Mr. Minister.","start":532.988,"end":534.87,"topics":[],"words":[{"text":"Over","start":532.988,"end":533.364},{"text":"to","start":533.364,"end":533.741},{"text":"you,","start":533.741,"end":534.117},{"text":"Mr.","start":534.117,"end":534.494},{"text":"Minister.","start":534.494,"end":534.87}]}]}],"speaker":{"name":"Nabeed Hanif","affiliation":"UN DESA","affiliation_full":"UN DESA","group":null,"function":"Moderator"}},{"statement_number":9,"start":536.79,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=537","paragraphs":[{"sentences":[{"text":"Well, thank you very much.","start":536.79,"end":538.82,"topics":[],"words":[{"text":"Well,","start":536.79,"end":537.196},{"text":"thank","start":537.196,"end":537.602},{"text":"you","start":537.602,"end":538.008},{"text":"very","start":538.008,"end":538.414},{"text":"much.","start":538.414,"end":538.82}]},{"text":"I really appreciate it.","start":538.82,"end":540.444,"topics":[],"words":[{"text":"I","start":538.82,"end":539.226},{"text":"really","start":539.226,"end":539.632},{"text":"appreciate","start":539.632,"end":540.038},{"text":"it.","start":540.038,"end":540.444}]},{"text":"I was in Sevilla and I was blown away by the energy that I sensed in that hall and we were able to bring a handful of companies and they were also extremely charged by the time they went back and some of them got into initial conversations for fundraising.","start":540.444,"end":560.747,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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are the few things that have come to my mind.","start":868.936,"end":873.809,"topics":[],"words":[{"text":"But","start":868.936,"end":869.342},{"text":"these","start":869.342,"end":869.748},{"text":"are","start":869.748,"end":870.154},{"text":"the","start":870.154,"end":870.56},{"text":"few","start":870.56,"end":870.966},{"text":"things","start":870.966,"end":871.372},{"text":"that","start":871.372,"end":871.778},{"text":"have","start":871.778,"end":872.185},{"text":"come","start":872.185,"end":872.591},{"text":"to","start":872.591,"end":872.997},{"text":"my","start":872.997,"end":873.403},{"text":"mind.","start":873.403,"end":873.809}]},{"text":"Now what can we do?","start":873.809,"end":875.839,"topics":[],"words":[{"text":"Now","start":873.809,"end":874.215},{"text":"what","start":874.215,"end":874.621},{"text":"can","start":874.621,"end":875.027},{"text":"we","start":875.027,"end":875.433},{"text":"do?","start":875.433,"end":875.839}]},{"text":"I think we can do a lot in the area of de risking.","start":875.839,"end":881.118,"topics":[{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. 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if my time runs out, you'll have to tell me and I wouldn't mind.","start":1174.689,"end":1180.78,"topics":[],"words":[{"text":"So","start":1174.689,"end":1175.095},{"text":"if","start":1175.095,"end":1175.501},{"text":"my","start":1175.501,"end":1175.907},{"text":"time","start":1175.907,"end":1176.313},{"text":"runs","start":1176.313,"end":1176.72},{"text":"out,","start":1176.72,"end":1177.126},{"text":"you'll","start":1177.126,"end":1177.532},{"text":"have","start":1177.532,"end":1177.938},{"text":"to","start":1177.938,"end":1178.344},{"text":"tell","start":1178.344,"end":1178.75},{"text":"me","start":1178.75,"end":1179.156},{"text":"and","start":1179.156,"end":1179.562},{"text":"I","start":1179.562,"end":1179.968},{"text":"wouldn't","start":1179.968,"end":1180.374},{"text":"mind.","start":1180.374,"end":1180.78}]}]}],"speaker":{"name":"Malik","affiliation":"PAK","affiliation_full":"Pakistan","group":null,"function":"Minister of Climate 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sure the subsequent speakers will address these and please stay with us.","start":1213.452,"end":1218.712,"topics":[],"words":[{"text":"I'm","start":1213.452,"end":1213.857},{"text":"sure","start":1213.857,"end":1214.261},{"text":"the","start":1214.261,"end":1214.666},{"text":"subsequent","start":1214.666,"end":1215.071},{"text":"speakers","start":1215.071,"end":1215.475},{"text":"will","start":1215.475,"end":1215.88},{"text":"address","start":1215.88,"end":1216.284},{"text":"these","start":1216.284,"end":1216.689},{"text":"and","start":1216.689,"end":1217.094},{"text":"please","start":1217.094,"end":1217.498},{"text":"stay","start":1217.498,"end":1217.903},{"text":"with","start":1217.903,"end":1218.308},{"text":"us.","start":1218.308,"end":1218.712}]},{"text":"We will certainly invite you back once you have heard other perspectives on mobilizing private capital and bringing private sector activity to developing 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next speaker, Mr. Jose Vinayal, former Group Chairman of Standard Chartered bank and currently co chair of the Global Investors for Sustainable Development alliance, where I had the honor to work with him 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please share with us your reflections and also comment on Minister's observations on how do we reduce risk 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is something we hear everywhere.","start":1250.678,"end":1253.106,"topics":[],"words":[{"text":"That","start":1250.678,"end":1251.083},{"text":"is","start":1251.083,"end":1251.487},{"text":"something","start":1251.487,"end":1251.892},{"text":"we","start":1251.892,"end":1252.296},{"text":"hear","start":1252.296,"end":1252.701},{"text":"everywhere.","start":1252.701,"end":1253.106}]},{"text":"And also how do we improve instruments which I must say have improved significantly in the last four years.","start":1253.106,"end":1260.794,"topics":[],"words":[{"text":"And","start":1253.106,"end":1253.51},{"text":"also","start":1253.51,"end":1253.915},{"text":"how","start":1253.915,"end":1254.32},{"text":"do","start":1254.32,"end":1254.724},{"text":"we","start":1254.724,"end":1255.129},{"text":"improve","start":1255.129,"end":1255.534},{"text":"instruments","start":1255.534,"end":1255.938},{"text":"which","start":1255.938,"end":1256.343},{"text":"I","start":1256.343,"end":1256.747},{"text":"must","start":1256.747,"end":1257.152},{"text":"say","start":1257.152,"end":1257.557},{"text":"have","start":1257.557,"end":1257.961},{"text":"improved","start":1257.961,"end":1258.366},{"text":"significantly","start":1258.366,"end":1258.771},{"text":"in","start":1258.771,"end":1259.175},{"text":"the","start":1259.175,"end":1259.58},{"text":"last","start":1259.58,"end":1259.984},{"text":"four","start":1259.984,"end":1260.389},{"text":"years.","start":1260.389,"end":1260.794}]},{"text":"But we can do a bit more over to you.","start":1260.794,"end":1264.84,"topics":[],"words":[{"text":"But","start":1260.794,"end":1261.198},{"text":"we","start":1261.198,"end":1261.603},{"text":"can","start":1261.603,"end":1262.008},{"text":"do","start":1262.008,"end":1262.412},{"text":"a","start":1262.412,"end":1262.817},{"text":"bit","start":1262.817,"end":1263.221},{"text":"more","start":1263.221,"end":1263.626},{"text":"over","start":1263.626,"end":1264.031},{"text":"to","start":1264.031,"end":1264.435},{"text":"you.","start":1264.435,"end":1264.84}]}]}],"speaker":{"name":"Nabeed Hanif","affiliation":"UN DESA","affiliation_full":"UN DESA","group":null,"function":"Moderator"}},{"statement_number":15,"start":1266.44,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=1267","paragraphs":[{"sentences":[{"text":"Thank you very much, Mr. Chair.","start":1266.44,"end":1269.419,"topics":[],"words":[{"text":"Thank","start":1266.44,"end":1266.936},{"text":"you","start":1266.936,"end":1267.433},{"text":"very","start":1267.433,"end":1267.929},{"text":"much,","start":1267.929,"end":1268.426},{"text":"Mr.","start":1268.426,"end":1268.922},{"text":"Chair.","start":1268.922,"end":1269.419}]},{"text":"Mr. Assistant Secretary General, I think I understand well what the Minister means that sometimes from the distance risk looks much higher than on the 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a global bank like Sanda Charter, which has been present in Pakistan for many, many decades, certainly in many other emerging markets in developing economies and having deep local knowledge, understands the issue of misperception of risks by many institutional investors and asset owners around the 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that's an issue that needs to be tackled.","start":1306.157,"end":1310.625,"topics":[],"words":[{"text":"But","start":1306.157,"end":1306.654},{"text":"that's","start":1306.654,"end":1307.15},{"text":"an","start":1307.15,"end":1307.647},{"text":"issue","start":1307.647,"end":1308.143},{"text":"that","start":1308.143,"end":1308.64},{"text":"needs","start":1308.64,"end":1309.136},{"text":"to","start":1309.136,"end":1309.632},{"text":"be","start":1309.632,"end":1310.129},{"text":"tackled.","start":1310.129,"end":1310.625}]},{"text":"I want to focus on what I think is the central question and that is what will it really take for private capital 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help close the Sustainable Development Financing gap.","start":1322.541,"end":1326.512,"topics":[],"words":[{"text":"To","start":1322.541,"end":1323.037},{"text":"help","start":1323.037,"end":1323.533},{"text":"close","start":1323.533,"end":1324.03},{"text":"the","start":1324.03,"end":1324.526},{"text":"Sustainable","start":1324.526,"end":1325.023},{"text":"Development","start":1325.023,"end":1325.519},{"text":"Financing","start":1325.519,"end":1326.016},{"text":"gap.","start":1326.016,"end":1326.512}]},{"text":"And we know the numbers.","start":1326.512,"end":1328.995,"topics":[],"words":[{"text":"And","start":1326.512,"end":1327.009},{"text":"we","start":1327.009,"end":1327.505},{"text":"know","start":1327.505,"end":1328.002},{"text":"the","start":1328.002,"end":1328.498},{"text":"numbers.","start":1328.498,"end":1328.995}]},{"text":"A multi trillion dollar shortfall every year at a time when public budgets are under severe strain and official development aid has substantially been 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gap shows up as power plants not built, digital and transport links not upgraded, small to medium sized enterprises which are the backbone of these economies, not finance and climate and social goals slipping out of reach.","start":1345.874,"end":1364.74,"topics":[],"words":[{"text":"That","start":1345.874,"end":1346.371},{"text":"gap","start":1346.371,"end":1346.867},{"text":"shows","start":1346.867,"end":1347.364},{"text":"up","start":1347.364,"end":1347.86},{"text":"as","start":1347.86,"end":1348.357},{"text":"power","start":1348.357,"end":1348.853},{"text":"plants","start":1348.853,"end":1349.35},{"text":"not","start":1349.35,"end":1349.846},{"text":"built,","start":1349.846,"end":1350.343},{"text":"digital","start":1350.343,"end":1350.839},{"text":"and","start":1350.839,"end":1351.336},{"text":"transport","start":1351.336,"end":1351.832},{"text":"links","start":1351.832,"end":1352.328},{"text":"not","start":1352.328,"end":1352.825},{"text":"upgraded,","start":1352.825,"end":1353.321},{"text":"small","start":1353.321,"end":1353.818},{"text":"to","start":1353.818,"end":1354.314},{"text":"medium","start":1354.314,"end":1354.811},{"text":"sized","start":1354.811,"end":1355.307},{"text":"enterprises","start":1355.307,"end":1355.804},{"text":"which","start":1355.804,"end":1356.3},{"text":"are","start":1356.3,"end":1356.797},{"text":"the","start":1356.797,"end":1357.293},{"text":"backbone","start":1357.293,"end":1357.79},{"text":"of","start":1357.79,"end":1358.286},{"text":"these","start":1358.286,"end":1358.782},{"text":"economies,","start":1358.782,"end":1359.279},{"text":"not","start":1359.279,"end":1359.775},{"text":"finance","start":1359.775,"end":1360.272},{"text":"and","start":1360.272,"end":1360.768},{"text":"climate","start":1360.768,"end":1361.265},{"text":"and","start":1361.265,"end":1361.761},{"text":"social","start":1361.761,"end":1362.258},{"text":"goals","start":1362.258,"end":1362.754},{"text":"slipping","start":1362.754,"end":1363.251},{"text":"out","start":1363.251,"end":1363.747},{"text":"of","start":1363.747,"end":1364.244},{"text":"reach.","start":1364.244,"end":1364.74}]},{"text":"The Zevilla commitment was very, very important.","start":1364.74,"end":1368.215,"topics":[],"words":[{"text":"The","start":1364.74,"end":1365.237},{"text":"Zevilla","start":1365.237,"end":1365.733},{"text":"commitment","start":1365.733,"end":1366.229},{"text":"was","start":1366.229,"end":1366.726},{"text":"very,","start":1366.726,"end":1367.222},{"text":"very","start":1367.222,"end":1367.719},{"text":"important.","start":1367.719,"end":1368.215}]},{"text":"But it was important also in one respect, because it recognizes that private business and finance are not peripheral to this challenge.","start":1368.215,"end":1379.138,"topics":[],"words":[{"text":"But","start":1368.215,"end":1368.712},{"text":"it","start":1368.712,"end":1369.208},{"text":"was","start":1369.208,"end":1369.705},{"text":"important","start":1369.705,"end":1370.201},{"text":"also","start":1370.201,"end":1370.698},{"text":"in","start":1370.698,"end":1371.194},{"text":"one","start":1371.194,"end":1371.691},{"text":"respect,","start":1371.691,"end":1372.187},{"text":"because","start":1372.187,"end":1372.684},{"text":"it","start":1372.684,"end":1373.18},{"text":"recognizes","start":1373.18,"end":1373.676},{"text":"that","start":1373.676,"end":1374.173},{"text":"private","start":1374.173,"end":1374.669},{"text":"business","start":1374.669,"end":1375.166},{"text":"and","start":1375.166,"end":1375.662},{"text":"finance","start":1375.662,"end":1376.159},{"text":"are","start":1376.159,"end":1376.655},{"text":"not","start":1376.655,"end":1377.152},{"text":"peripheral","start":1377.152,"end":1377.648},{"text":"to","start":1377.648,"end":1378.145},{"text":"this","start":1378.145,"end":1378.641},{"text":"challenge.","start":1378.641,"end":1379.138}]},{"text":"They are also engines of transformation, job creation, innovation and growth.","start":1379.138,"end":1384.599,"topics":[],"words":[{"text":"They","start":1379.138,"end":1379.634},{"text":"are","start":1379.634,"end":1380.13},{"text":"also","start":1380.13,"end":1380.627},{"text":"engines","start":1380.627,"end":1381.123},{"text":"of","start":1381.123,"end":1381.62},{"text":"transformation,","start":1381.62,"end":1382.116},{"text":"job","start":1382.116,"end":1382.613},{"text":"creation,","start":1382.613,"end":1383.109},{"text":"innovation","start":1383.109,"end":1383.606},{"text":"and","start":1383.606,"end":1384.102},{"text":"growth.","start":1384.102,"end":1384.599}]},{"text":"But private business and finance can only play that role at scale.","start":1384.599,"end":1390.556,"topics":[],"words":[{"text":"But","start":1384.599,"end":1385.095},{"text":"private","start":1385.095,"end":1385.592},{"text":"business","start":1385.592,"end":1386.088},{"text":"and","start":1386.088,"end":1386.585},{"text":"finance","start":1386.585,"end":1387.081},{"text":"can","start":1387.081,"end":1387.577},{"text":"only","start":1387.577,"end":1388.074},{"text":"play","start":1388.074,"end":1388.57},{"text":"that","start":1388.57,"end":1389.067},{"text":"role","start":1389.067,"end":1389.563},{"text":"at","start":1389.563,"end":1390.06},{"text":"scale.","start":1390.06,"end":1390.556}]},{"text":"If the enabling environment is right, both at the national and at the international level.","start":1390.556,"end":1398.003,"topics":[],"words":[{"text":"If","start":1390.556,"end":1391.053},{"text":"the","start":1391.053,"end":1391.549},{"text":"enabling","start":1391.549,"end":1392.046},{"text":"environment","start":1392.046,"end":1392.542},{"text":"is","start":1392.542,"end":1393.039},{"text":"right,","start":1393.039,"end":1393.535},{"text":"both","start":1393.535,"end":1394.032},{"text":"at","start":1394.032,"end":1394.528},{"text":"the","start":1394.528,"end":1395.024},{"text":"national","start":1395.024,"end":1395.521},{"text":"and","start":1395.521,"end":1396.017},{"text":"at","start":1396.017,"end":1396.514},{"text":"the","start":1396.514,"end":1397.01},{"text":"international","start":1397.01,"end":1397.507},{"text":"level.","start":1397.507,"end":1398.003}]},{"text":"Because only this environment is the right one.","start":1398.003,"end":1401.975,"topics":[],"words":[{"text":"Because","start":1398.003,"end":1398.5},{"text":"only","start":1398.5,"end":1398.996},{"text":"this","start":1398.996,"end":1399.493},{"text":"environment","start":1399.493,"end":1399.989},{"text":"is","start":1399.989,"end":1400.486},{"text":"the","start":1400.486,"end":1400.982},{"text":"right","start":1400.982,"end":1401.478},{"text":"one.","start":1401.478,"end":1401.975}]},{"text":"The opportunities which exist in sustainable development will become commercial opportunities that will draw money to realize the opportunities.","start":1401.975,"end":1411.408,"topics":[],"words":[{"text":"The","start":1401.975,"end":1402.471},{"text":"opportunities","start":1402.471,"end":1402.968},{"text":"which","start":1402.968,"end":1403.464},{"text":"exist","start":1403.464,"end":1403.961},{"text":"in","start":1403.961,"end":1404.457},{"text":"sustainable","start":1404.457,"end":1404.954},{"text":"development","start":1404.954,"end":1405.45},{"text":"will","start":1405.45,"end":1405.947},{"text":"become","start":1405.947,"end":1406.443},{"text":"commercial","start":1406.443,"end":1406.94},{"text":"opportunities","start":1406.94,"end":1407.436},{"text":"that","start":1407.436,"end":1407.933},{"text":"will","start":1407.933,"end":1408.429},{"text":"draw","start":1408.429,"end":1408.925},{"text":"money","start":1408.925,"end":1409.422},{"text":"to","start":1409.422,"end":1409.918},{"text":"realize","start":1409.918,"end":1410.415},{"text":"the","start":1410.415,"end":1410.911},{"text":"opportunities.","start":1410.911,"end":1411.408}]},{"text":"So let me highlight three priorities in that regard.","start":1411.408,"end":1415.876,"topics":[],"words":[{"text":"So","start":1411.408,"end":1411.904},{"text":"let","start":1411.904,"end":1412.401},{"text":"me","start":1412.401,"end":1412.897},{"text":"highlight","start":1412.897,"end":1413.394},{"text":"three","start":1413.394,"end":1413.89},{"text":"priorities","start":1413.89,"end":1414.387},{"text":"in","start":1414.387,"end":1414.883},{"text":"that","start":1414.883,"end":1415.38},{"text":"regard.","start":1415.38,"end":1415.876}]},{"text":"First, we need to focus where finance can have the greatest development impact.","start":1415.876,"end":1422.33,"topics":[],"words":[{"text":"First,","start":1415.876,"end":1416.372},{"text":"we","start":1416.372,"end":1416.869},{"text":"need","start":1416.869,"end":1417.365},{"text":"to","start":1417.365,"end":1417.862},{"text":"focus","start":1417.862,"end":1418.358},{"text":"where","start":1418.358,"end":1418.855},{"text":"finance","start":1418.855,"end":1419.351},{"text":"can","start":1419.351,"end":1419.848},{"text":"have","start":1419.848,"end":1420.344},{"text":"the","start":1420.344,"end":1420.841},{"text":"greatest","start":1420.841,"end":1421.337},{"text":"development","start":1421.337,"end":1421.834},{"text":"impact.","start":1421.834,"end":1422.33}]},{"text":"And I can see two key areas.","start":1422.33,"end":1425.805,"topics":[],"words":[{"text":"And","start":1422.33,"end":1422.826},{"text":"I","start":1422.826,"end":1423.323},{"text":"can","start":1423.323,"end":1423.819},{"text":"see","start":1423.819,"end":1424.316},{"text":"two","start":1424.316,"end":1424.812},{"text":"key","start":1424.812,"end":1425.309},{"text":"areas.","start":1425.309,"end":1425.805}]},{"text":"One is infrastructures and the other is small and medium sized enterprises in emerging markets and developing economies.","start":1425.805,"end":1434.742,"topics":[],"words":[{"text":"One","start":1425.805,"end":1426.302},{"text":"is","start":1426.302,"end":1426.798},{"text":"infrastructures","start":1426.798,"end":1427.295},{"text":"and","start":1427.295,"end":1427.791},{"text":"the","start":1427.791,"end":1428.288},{"text":"other","start":1428.288,"end":1428.784},{"text":"is","start":1428.784,"end":1429.281},{"text":"small","start":1429.281,"end":1429.777},{"text":"and","start":1429.777,"end":1430.273},{"text":"medium","start":1430.273,"end":1430.77},{"text":"sized","start":1430.77,"end":1431.266},{"text":"enterprises","start":1431.266,"end":1431.763},{"text":"in","start":1431.763,"end":1432.259},{"text":"emerging","start":1432.259,"end":1432.756},{"text":"markets","start":1432.756,"end":1433.252},{"text":"and","start":1433.252,"end":1433.749},{"text":"developing","start":1433.749,"end":1434.245},{"text":"economies.","start":1434.245,"end":1434.742}]},{"text":"Quality infrastructure in energy, transport, digital, water, social sectors is fundamentals for the growth and development of these economies and the resilience to shocks and SMEs.","start":1434.742,"end":1447.65,"topics":[],"words":[{"text":"Quality","start":1434.742,"end":1435.238},{"text":"infrastructure","start":1435.238,"end":1435.735},{"text":"in","start":1435.735,"end":1436.231},{"text":"energy,","start":1436.231,"end":1436.727},{"text":"transport,","start":1436.727,"end":1437.224},{"text":"digital,","start":1437.224,"end":1437.72},{"text":"water,","start":1437.72,"end":1438.217},{"text":"social","start":1438.217,"end":1438.713},{"text":"sectors","start":1438.713,"end":1439.21},{"text":"is","start":1439.21,"end":1439.706},{"text":"fundamentals","start":1439.706,"end":1440.203},{"text":"for","start":1440.203,"end":1440.699},{"text":"the","start":1440.699,"end":1441.196},{"text":"growth","start":1441.196,"end":1441.692},{"text":"and","start":1441.692,"end":1442.189},{"text":"development","start":1442.189,"end":1442.685},{"text":"of","start":1442.685,"end":1443.182},{"text":"these","start":1443.182,"end":1443.678},{"text":"economies","start":1443.678,"end":1444.174},{"text":"and","start":1444.174,"end":1444.671},{"text":"the","start":1444.671,"end":1445.167},{"text":"resilience","start":1445.167,"end":1445.664},{"text":"to","start":1445.664,"end":1446.16},{"text":"shocks","start":1446.16,"end":1446.657},{"text":"and","start":1446.657,"end":1447.153},{"text":"SMEs.","start":1447.153,"end":1447.65}]},{"text":"Meanwhile, as I mentioned, at the backbone of these economies.","start":1447.65,"end":1452.614,"topics":[],"words":[{"text":"Meanwhile,","start":1447.65,"end":1448.146},{"text":"as","start":1448.146,"end":1448.643},{"text":"I","start":1448.643,"end":1449.139},{"text":"mentioned,","start":1449.139,"end":1449.636},{"text":"at","start":1449.636,"end":1450.132},{"text":"the","start":1450.132,"end":1450.629},{"text":"backbone","start":1450.629,"end":1451.125},{"text":"of","start":1451.125,"end":1451.621},{"text":"these","start":1451.621,"end":1452.118},{"text":"economies.","start":1452.118,"end":1452.614}]},{"text":"Yet in practice we know they face the toughest barriers to credit.","start":1452.614,"end":1458.572,"topics":[],"words":[{"text":"Yet","start":1452.614,"end":1453.111},{"text":"in","start":1453.111,"end":1453.607},{"text":"practice","start":1453.607,"end":1454.104},{"text":"we","start":1454.104,"end":1454.6},{"text":"know","start":1454.6,"end":1455.097},{"text":"they","start":1455.097,"end":1455.593},{"text":"face","start":1455.593,"end":1456.09},{"text":"the","start":1456.09,"end":1456.586},{"text":"toughest","start":1456.586,"end":1457.083},{"text":"barriers","start":1457.083,"end":1457.579},{"text":"to","start":1457.579,"end":1458.075},{"text":"credit.","start":1458.075,"end":1458.572}]},{"text":"This leads to the second priority which I think is very important in allowing capital to flow to where it's most needed, which is getting financial regulation and financial policies right.","start":1458.572,"end":1473.962,"topics":[],"words":[{"text":"This","start":1458.572,"end":1459.068},{"text":"leads","start":1459.068,"end":1459.565},{"text":"to","start":1459.565,"end":1460.061},{"text":"the","start":1460.061,"end":1460.558},{"text":"second","start":1460.558,"end":1461.054},{"text":"priority","start":1461.054,"end":1461.551},{"text":"which","start":1461.551,"end":1462.047},{"text":"I","start":1462.047,"end":1462.544},{"text":"think","start":1462.544,"end":1463.04},{"text":"is","start":1463.04,"end":1463.537},{"text":"very","start":1463.537,"end":1464.033},{"text":"important","start":1464.033,"end":1464.53},{"text":"in","start":1464.53,"end":1465.026},{"text":"allowing","start":1465.026,"end":1465.522},{"text":"capital","start":1465.522,"end":1466.019},{"text":"to","start":1466.019,"end":1466.515},{"text":"flow","start":1466.515,"end":1467.012},{"text":"to","start":1467.012,"end":1467.508},{"text":"where","start":1467.508,"end":1468.005},{"text":"it's","start":1468.005,"end":1468.501},{"text":"most","start":1468.501,"end":1468.998},{"text":"needed,","start":1468.998,"end":1469.494},{"text":"which","start":1469.494,"end":1469.991},{"text":"is","start":1469.991,"end":1470.487},{"text":"getting","start":1470.487,"end":1470.984},{"text":"financial","start":1470.984,"end":1471.48},{"text":"regulation","start":1471.48,"end":1471.977},{"text":"and","start":1471.977,"end":1472.473},{"text":"financial","start":1472.473,"end":1472.969},{"text":"policies","start":1472.969,"end":1473.466},{"text":"right.","start":1473.466,"end":1473.962}]},{"text":"The prudential regulations, the prudential frameworks which were put in place after the global financial crisis were designed to protect financial stability.","start":1473.962,"end":1484.885,"topics":[],"words":[{"text":"The","start":1473.962,"end":1474.459},{"text":"prudential","start":1474.459,"end":1474.955},{"text":"regulations,","start":1474.955,"end":1475.452},{"text":"the","start":1475.452,"end":1475.948},{"text":"prudential","start":1475.948,"end":1476.445},{"text":"frameworks","start":1476.445,"end":1476.941},{"text":"which","start":1476.941,"end":1477.438},{"text":"were","start":1477.438,"end":1477.934},{"text":"put","start":1477.934,"end":1478.431},{"text":"in","start":1478.431,"end":1478.927},{"text":"place","start":1478.927,"end":1479.423},{"text":"after","start":1479.423,"end":1479.92},{"text":"the","start":1479.92,"end":1480.416},{"text":"global","start":1480.416,"end":1480.913},{"text":"financial","start":1480.913,"end":1481.409},{"text":"crisis","start":1481.409,"end":1481.906},{"text":"were","start":1481.906,"end":1482.402},{"text":"designed","start":1482.402,"end":1482.899},{"text":"to","start":1482.899,"end":1483.395},{"text":"protect","start":1483.395,"end":1483.892},{"text":"financial","start":1483.892,"end":1484.388},{"text":"stability.","start":1484.388,"end":1484.885}]},{"text":"And that was the right thing to do because financial stability is non negotiable.","start":1484.885,"end":1491.835,"topics":[],"words":[{"text":"And","start":1484.885,"end":1485.381},{"text":"that","start":1485.381,"end":1485.878},{"text":"was","start":1485.878,"end":1486.374},{"text":"the","start":1486.374,"end":1486.87},{"text":"right","start":1486.87,"end":1487.367},{"text":"thing","start":1487.367,"end":1487.863},{"text":"to","start":1487.863,"end":1488.36},{"text":"do","start":1488.36,"end":1488.856},{"text":"because","start":1488.856,"end":1489.353},{"text":"financial","start":1489.353,"end":1489.849},{"text":"stability","start":1489.849,"end":1490.346},{"text":"is","start":1490.346,"end":1490.842},{"text":"non","start":1490.842,"end":1491.339},{"text":"negotiable.","start":1491.339,"end":1491.835}]},{"text":"But one unintended consequence is that regulatory requirements for infrastructure capital requirements, for example, especially infrastructure investment going into emerging markets and developing economies, these requirements are often higher than for other asset 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the stronger performance of data that pushes up the cost of capital and discourages long term investment in infrastructure in emerging market developing economies, reinforcing the infrastructure 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is one case where regulatory misperception leads to barriers to investment.","start":1523.112,"end":1529.07,"topics":[],"words":[{"text":"This","start":1523.112,"end":1523.609},{"text":"is","start":1523.609,"end":1524.105},{"text":"one","start":1524.105,"end":1524.602},{"text":"case","start":1524.602,"end":1525.098},{"text":"where","start":1525.098,"end":1525.595},{"text":"regulatory","start":1525.595,"end":1526.091},{"text":"misperception","start":1526.091,"end":1526.588},{"text":"leads","start":1526.588,"end":1527.084},{"text":"to","start":1527.084,"end":1527.581},{"text":"barriers","start":1527.581,"end":1528.077},{"text":"to","start":1528.077,"end":1528.574},{"text":"investment.","start":1528.574,"end":1529.07}]},{"text":"So if regulatory treatment and risk assessment do not reflect the true performance of of sustainable infrastructure and also of productive SME lending, private capital remain below 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the need to right size financial regulation in line with actual risk, not perceived risk.","start":1542.971,"end":1550.914,"topics":[],"words":[{"text":"Thus","start":1542.971,"end":1543.467},{"text":"the","start":1543.467,"end":1543.964},{"text":"need","start":1543.964,"end":1544.46},{"text":"to","start":1544.46,"end":1544.957},{"text":"right","start":1544.957,"end":1545.453},{"text":"size","start":1545.453,"end":1545.95},{"text":"financial","start":1545.95,"end":1546.446},{"text":"regulation","start":1546.446,"end":1546.943},{"text":"in","start":1546.943,"end":1547.439},{"text":"line","start":1547.439,"end":1547.936},{"text":"with","start":1547.936,"end":1548.432},{"text":"actual","start":1548.432,"end":1548.929},{"text":"risk,","start":1548.929,"end":1549.425},{"text":"not","start":1549.425,"end":1549.922},{"text":"perceived","start":1549.922,"end":1550.418},{"text":"risk.","start":1550.418,"end":1550.914}]},{"text":"And the third priority is very important is that we need policies, 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banks and multilateral banks in turn can originate and structure projects, offer guarantees and first loss capital and crowding private investors by restoring the right risk return equation.","start":1584.674,"end":1599.072,"topics":[],"words":[{"text":"Development","start":1584.674,"end":1585.171},{"text":"banks","start":1585.171,"end":1585.667},{"text":"and","start":1585.667,"end":1586.163},{"text":"multilateral","start":1586.163,"end":1586.66},{"text":"banks","start":1586.66,"end":1587.156},{"text":"in","start":1587.156,"end":1587.653},{"text":"turn","start":1587.653,"end":1588.149},{"text":"can","start":1588.149,"end":1588.646},{"text":"originate","start":1588.646,"end":1589.142},{"text":"and","start":1589.142,"end":1589.639},{"text":"structure","start":1589.639,"end":1590.135},{"text":"projects,","start":1590.135,"end":1590.632},{"text":"offer","start":1590.632,"end":1591.128},{"text":"guarantees","start":1591.128,"end":1591.625},{"text":"and","start":1591.625,"end":1592.121},{"text":"first","start":1592.121,"end":1592.618},{"text":"loss","start":1592.618,"end":1593.114},{"text":"capital","start":1593.114,"end":1593.61},{"text":"and","start":1593.61,"end":1594.107},{"text":"crowding","start":1594.107,"end":1594.603},{"text":"private","start":1594.603,"end":1595.1},{"text":"investors","start":1595.1,"end":1595.596},{"text":"by","start":1595.596,"end":1596.093},{"text":"restoring","start":1596.093,"end":1596.589},{"text":"the","start":1596.589,"end":1597.086},{"text":"right","start":1597.086,"end":1597.582},{"text":"risk","start":1597.582,"end":1598.079},{"text":"return","start":1598.079,"end":1598.575},{"text":"equation.","start":1598.575,"end":1599.072}]},{"text":"And on the instrument side, we must keep a sharp focus on measurable development impact.","start":1599.072,"end":1606.519,"topics":[],"words":[{"text":"And","start":1599.072,"end":1599.568},{"text":"on","start":1599.568,"end":1600.064},{"text":"the","start":1600.064,"end":1600.561},{"text":"instrument","start":1600.561,"end":1601.057},{"text":"side,","start":1601.057,"end":1601.554},{"text":"we","start":1601.554,"end":1602.05},{"text":"must","start":1602.05,"end":1602.547},{"text":"keep","start":1602.547,"end":1603.043},{"text":"a","start":1603.043,"end":1603.54},{"text":"sharp","start":1603.54,"end":1604.036},{"text":"focus","start":1604.036,"end":1604.533},{"text":"on","start":1604.533,"end":1605.029},{"text":"measurable","start":1605.029,"end":1605.526},{"text":"development","start":1605.526,"end":1606.022},{"text":"impact.","start":1606.022,"end":1606.519}]},{"text":"And at the end of the day, the cruise of the matter is how to reconcile the the development impact that is sought with 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we align better national policies, supportive international regulation and effective and innovative scalable financial vehicles and instruments, private capital can move and will move from the margins to the mainstream of sustainable development 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Sevilla commitment gives us the direction.","start":1653.683,"end":1657.158,"topics":[],"words":[{"text":"The","start":1653.683,"end":1654.179},{"text":"Sevilla","start":1654.179,"end":1654.676},{"text":"commitment","start":1654.676,"end":1655.172},{"text":"gives","start":1655.172,"end":1655.669},{"text":"us","start":1655.669,"end":1656.165},{"text":"the","start":1656.165,"end":1656.661},{"text":"direction.","start":1656.661,"end":1657.158}]},{"text":"The next step is implementation.","start":1657.158,"end":1659.64,"topics":[],"words":[{"text":"The","start":1657.158,"end":1657.654},{"text":"next","start":1657.654,"end":1658.151},{"text":"step","start":1658.151,"end":1658.647},{"text":"is","start":1658.647,"end":1659.144},{"text":"implementation.","start":1659.144,"end":1659.64}]},{"text":"Concrete regulatory adjustments, demonstrable transactions, including the field of blended finance and replicable models that can be scaled 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thank you so much Jose for very clear messages and I couldn't agree more with you.","start":1735.799,"end":1743.139,"topics":[],"words":[{"text":"So","start":1735.799,"end":1736.23},{"text":"thank","start":1736.23,"end":1736.662},{"text":"you","start":1736.662,"end":1737.094},{"text":"so","start":1737.094,"end":1737.526},{"text":"much","start":1737.526,"end":1737.958},{"text":"Jose","start":1737.958,"end":1738.389},{"text":"for","start":1738.389,"end":1738.821},{"text":"very","start":1738.821,"end":1739.253},{"text":"clear","start":1739.253,"end":1739.685},{"text":"messages","start":1739.685,"end":1740.117},{"text":"and","start":1740.117,"end":1740.548},{"text":"I","start":1740.548,"end":1740.98},{"text":"couldn't","start":1740.98,"end":1741.412},{"text":"agree","start":1741.412,"end":1741.844},{"text":"more","start":1741.844,"end":1742.275},{"text":"with","start":1742.275,"end":1742.707},{"text":"you.","start":1742.707,"end":1743.139}]},{"text":"It's all about regulatory certainty, 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are also repatriable and they are here to support those activities.","start":1751.775,"end":1756.956,"topics":[],"words":[{"text":"Returns","start":1751.775,"end":1752.206},{"text":"are","start":1752.206,"end":1752.638},{"text":"also","start":1752.638,"end":1753.07},{"text":"repatriable","start":1753.07,"end":1753.502},{"text":"and","start":1753.502,"end":1753.934},{"text":"they","start":1753.934,"end":1754.365},{"text":"are","start":1754.365,"end":1754.797},{"text":"here","start":1754.797,"end":1755.229},{"text":"to","start":1755.229,"end":1755.661},{"text":"support","start":1755.661,"end":1756.093},{"text":"those","start":1756.093,"end":1756.524},{"text":"activities.","start":1756.524,"end":1756.956}]},{"text":"Thank you.","start":1756.956,"end":1757.82,"topics":[],"words":[{"text":"Thank","start":1756.956,"end":1757.388},{"text":"you.","start":1757.388,"end":1757.82}]},{"text":"Our next speaker, Ms. Sylvia Carpetella, she's Chief Executive Officer, Citigroup Global Markets 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project and sustainable developments routed towards various countries and various initiatives.","start":1787.344,"end":1804.685,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Anderson Caputo.","start":1895.878,"end":1899.189,"topics":[],"words":[{"text":"Let","start":1895.878,"end":1896.292},{"text":"me","start":1896.292,"end":1896.706},{"text":"move","start":1896.706,"end":1897.12},{"text":"on","start":1897.12,"end":1897.534},{"text":"to","start":1897.534,"end":1897.948},{"text":"Mr.","start":1897.948,"end":1898.361},{"text":"Anderson","start":1898.361,"end":1898.775},{"text":"Caputo.","start":1898.775,"end":1899.189}]},{"text":"He's chief of the Connectivity Markets and Finance Inter American development 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how do you address those challenges which are binding constraints for these small countries?","start":2415.173,"end":2420.961,"topics":[],"words":[{"text":"So","start":2415.173,"end":2415.558},{"text":"how","start":2415.558,"end":2415.944},{"text":"do","start":2415.944,"end":2416.33},{"text":"you","start":2416.33,"end":2416.716},{"text":"address","start":2416.716,"end":2417.102},{"text":"those","start":2417.102,"end":2417.488},{"text":"challenges","start":2417.488,"end":2417.874},{"text":"which","start":2417.874,"end":2418.26},{"text":"are","start":2418.26,"end":2418.646},{"text":"binding","start":2418.646,"end":2419.032},{"text":"constraints","start":2419.032,"end":2419.418},{"text":"for","start":2419.418,"end":2419.803},{"text":"these","start":2419.803,"end":2420.189},{"text":"small","start":2420.189,"end":2420.575},{"text":"countries?","start":2420.575,"end":2420.961}]},{"text":"And unlike LDCs, they will never graduate because they are islands and they will remain islands.","start":2420.961,"end":2427.136,"topics":[],"words":[{"text":"And","start":2420.961,"end":2421.347},{"text":"unlike","start":2421.347,"end":2421.733},{"text":"LDCs,","start":2421.733,"end":2422.119},{"text":"they","start":2422.119,"end":2422.505},{"text":"will","start":2422.505,"end":2422.891},{"text":"never","start":2422.891,"end":2423.277},{"text":"graduate","start":2423.277,"end":2423.663},{"text":"because","start":2423.663,"end":2424.048},{"text":"they","start":2424.048,"end":2424.434},{"text":"are","start":2424.434,"end":2424.82},{"text":"islands","start":2424.82,"end":2425.206},{"text":"and","start":2425.206,"end":2425.592},{"text":"they","start":2425.592,"end":2425.978},{"text":"will","start":2425.978,"end":2426.364},{"text":"remain","start":2426.364,"end":2426.75},{"text":"islands.","start":2426.75,"end":2427.136}]},{"text":"So what can we do for those countries and also low income 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me now move to Ms. Carolyn Shriver.","start":2459.552,"end":2462.639,"topics":[],"words":[{"text":"Let","start":2459.552,"end":2459.938},{"text":"me","start":2459.938,"end":2460.324},{"text":"now","start":2460.324,"end":2460.71},{"text":"move","start":2460.71,"end":2461.095},{"text":"to","start":2461.095,"end":2461.481},{"text":"Ms.","start":2461.481,"end":2461.867},{"text":"Carolyn","start":2461.867,"end":2462.253},{"text":"Shriver.","start":2462.253,"end":2462.639}]},{"text":"She's executive member of the management board of 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just wanted to share some perspectives.","start":2726.085,"end":2728.757,"topics":[],"words":[{"text":"I","start":2726.085,"end":2726.467},{"text":"just","start":2726.467,"end":2726.848},{"text":"wanted","start":2726.848,"end":2727.23},{"text":"to","start":2727.23,"end":2727.612},{"text":"share","start":2727.612,"end":2727.994},{"text":"some","start":2727.994,"end":2728.375},{"text":"perspectives.","start":2728.375,"end":2728.757}]},{"text":"I think it has been said by all the panelists, it's very clear the challenge is not the lack of capital.","start":2728.757,"end":2736.773,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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the central challenge before us is not just availability of private capital, but also whether conditions are sufficiently conducive for mobilizing that capital scale, deploying it productively and delivering sustainable development impact.","start":2927.408,"end":2946.007,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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you very much.","start":3148.346,"end":3150.6,"topics":[],"words":[{"text":"Thank","start":3148.346,"end":3148.909},{"text":"you","start":3148.909,"end":3149.473},{"text":"very","start":3149.473,"end":3150.036},{"text":"much.","start":3150.036,"end":3150.6}]}]}],"speaker":{"name":"Thomas Asare","affiliation":"WMO","affiliation_full":"WMO","group":null,"function":"Assistant Secretary-General"}},{"statement_number":28,"start":3151,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=3151","paragraphs":[{"sentences":[{"text":"Thank you Mr. Asari, for bringing the very important perspective.","start":3151,"end":3156.113,"topics":[],"words":[{"text":"Thank","start":3151,"end":3151.511},{"text":"you","start":3151.511,"end":3152.023},{"text":"Mr.","start":3152.023,"end":3152.534},{"text":"Asari,","start":3152.534,"end":3153.045},{"text":"for","start":3153.045,"end":3153.556},{"text":"bringing","start":3153.556,"end":3154.068},{"text":"the","start":3154.068,"end":3154.579},{"text":"very","start":3154.579,"end":3155.09},{"text":"important","start":3155.09,"end":3155.601},{"text":"perspective.","start":3155.601,"end":3156.113}]},{"text":"A sound way of fighting risk perception is data transparency, dissemination of information and engagement with potential 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much.","start":3165.315,"end":3167.36,"topics":[],"words":[{"text":"Thank","start":3165.315,"end":3165.826},{"text":"you","start":3165.826,"end":3166.338},{"text":"so","start":3166.338,"end":3166.849},{"text":"much.","start":3166.849,"end":3167.36}]},{"text":"Our Last discussant is Mr. Alain Biovila, Director for Strategy, Policy and Innovation, Green Climate 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premise of this session is exactly right.","start":3188.481,"end":3191.471,"topics":[],"words":[{"text":"The","start":3188.481,"end":3188.855},{"text":"premise","start":3188.855,"end":3189.229},{"text":"of","start":3189.229,"end":3189.602},{"text":"this","start":3189.602,"end":3189.976},{"text":"session","start":3189.976,"end":3190.35},{"text":"is","start":3190.35,"end":3190.723},{"text":"exactly","start":3190.723,"end":3191.097},{"text":"right.","start":3191.097,"end":3191.471}]},{"text":"Public finance alone cannot bridge the climate finance gap.","start":3191.471,"end":3194.834,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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you so much Mr. President.","start":3506.4,"end":3508.708,"topics":[],"words":[{"text":"Thank","start":3506.4,"end":3506.785},{"text":"you","start":3506.785,"end":3507.169},{"text":"so","start":3507.169,"end":3507.554},{"text":"much","start":3507.554,"end":3507.939},{"text":"Mr.","start":3507.939,"end":3508.323},{"text":"President.","start":3508.323,"end":3508.708}]},{"text":"After this rich discussion, I hand it over to you for the interactive part and please give us 10 minutes to come back to the 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deliver statements at a normal speaking speed.","start":3561.413,"end":3565.572,"topics":[],"words":[{"text":"Please","start":3561.413,"end":3561.933},{"text":"deliver","start":3561.933,"end":3562.453},{"text":"statements","start":3562.453,"end":3562.973},{"text":"at","start":3562.973,"end":3563.493},{"text":"a","start":3563.493,"end":3564.013},{"text":"normal","start":3564.013,"end":3564.533},{"text":"speaking","start":3564.533,"end":3565.052},{"text":"speed.","start":3565.052,"end":3565.572}]},{"text":"With this.","start":3565.572,"end":3566.612,"topics":[],"words":[{"text":"With","start":3565.572,"end":3566.092},{"text":"this.","start":3566.092,"end":3566.612}]},{"text":"I would like to now give the floor to the distinguished representative of Nepal speaking on behalf of the least developed 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FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":33,"start":3580.05,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=3581","paragraphs":[{"sentences":[{"text":"Thank you Mr. President.","start":3580.05,"end":3581.779,"topics":[],"words":[{"text":"Thank","start":3580.05,"end":3580.482},{"text":"you","start":3580.482,"end":3580.914},{"text":"Mr.","start":3580.914,"end":3581.347},{"text":"President.","start":3581.347,"end":3581.779}]},{"text":"I have the honor to deliver this statement on behalf of the group of least developed countries.","start":3581.779,"end":3589.126,"topics":[],"words":[{"text":"I","start":3581.779,"end":3582.211},{"text":"have","start":3582.211,"end":3582.643},{"text":"the","start":3582.643,"end":3583.075},{"text":"honor","start":3583.075,"end":3583.508},{"text":"to","start":3583.508,"end":3583.94},{"text":"deliver","start":3583.94,"end":3584.372},{"text":"this","start":3584.372,"end":3584.804},{"text":"statement","start":3584.804,"end":3585.236},{"text":"on","start":3585.236,"end":3585.669},{"text":"behalf","start":3585.669,"end":3586.101},{"text":"of","start":3586.101,"end":3586.533},{"text":"the","start":3586.533,"end":3586.965},{"text":"group","start":3586.965,"end":3587.397},{"text":"of","start":3587.397,"end":3587.83},{"text":"least","start":3587.83,"end":3588.262},{"text":"developed","start":3588.262,"end":3588.694},{"text":"countries.","start":3588.694,"end":3589.126}]},{"text":"Across 44 LDCs, vulnerabilities are compounding, climate shocks are intensifying, debt burdens are rising and exposure to global volatility keeps swearing.","start":3589.126,"end":3598.202,"topics":[{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. 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Strengthening these systems was presented as essential for channeling funds into the real economy and reaching firms and communities effectively."}],"words":[{"text":"Private","start":3602.524,"end":3602.957},{"text":"investment","start":3602.957,"end":3603.389},{"text":"continues","start":3603.389,"end":3603.821},{"text":"to","start":3603.821,"end":3604.253},{"text":"bypass","start":3604.253,"end":3604.685},{"text":"most","start":3604.685,"end":3605.118},{"text":"LDCs","start":3605.118,"end":3605.55},{"text":"and","start":3605.55,"end":3605.982},{"text":"remains","start":3605.982,"end":3606.414},{"text":"concentrated","start":3606.414,"end":3606.846},{"text":"in","start":3606.846,"end":3607.278},{"text":"handful","start":3607.278,"end":3607.711},{"text":"of","start":3607.711,"end":3608.143},{"text":"countries","start":3608.143,"end":3608.575},{"text":"and","start":3608.575,"end":3609.007},{"text":"a","start":3609.007,"end":3609.439},{"text":"narrow","start":3609.439,"end":3609.872},{"text":"set","start":3609.872,"end":3610.304},{"text":"of","start":3610.304,"end":3610.736},{"text":"sectors.","start":3610.736,"end":3611.168}]},{"text":"This reflects three persistent constraints.","start":3611.168,"end":3613.329,"topics":[],"words":[{"text":"This","start":3611.168,"end":3611.6},{"text":"reflects","start":3611.6,"end":3612.033},{"text":"three","start":3612.033,"end":3612.465},{"text":"persistent","start":3612.465,"end":3612.897},{"text":"constraints.","start":3612.897,"end":3613.329}]},{"text":"First, high cost of capital driven by risk perceptions that often exceed fundamentals, discouraging long term investment in infrastructure, resilience and productive transformation.","start":3613.329,"end":3623.27,"topics":[{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. Speakers discussed how these instruments can improve risk-return profiles, especially for infrastructure, climate, and SME financing in vulnerable markets."},{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."},{"key":"project-pipeline-preparation","label":"Project Pipeline and Bankability","description":"Several statements underscored the shortage of well-prepared, bankable projects in developing countries as a major bottleneck. Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."}],"words":[{"text":"First,","start":3613.329,"end":3613.761},{"text":"high","start":3613.761,"end":3614.194},{"text":"cost","start":3614.194,"end":3614.626},{"text":"of","start":3614.626,"end":3615.058},{"text":"capital","start":3615.058,"end":3615.49},{"text":"driven","start":3615.49,"end":3615.922},{"text":"by","start":3615.922,"end":3616.355},{"text":"risk","start":3616.355,"end":3616.787},{"text":"perceptions","start":3616.787,"end":3617.219},{"text":"that","start":3617.219,"end":3617.651},{"text":"often","start":3617.651,"end":3618.083},{"text":"exceed","start":3618.083,"end":3618.516},{"text":"fundamentals,","start":3618.516,"end":3618.948},{"text":"discouraging","start":3618.948,"end":3619.38},{"text":"long","start":3619.38,"end":3619.812},{"text":"term","start":3619.812,"end":3620.244},{"text":"investment","start":3620.244,"end":3620.677},{"text":"in","start":3620.677,"end":3621.109},{"text":"infrastructure,","start":3621.109,"end":3621.541},{"text":"resilience","start":3621.541,"end":3621.973},{"text":"and","start":3621.973,"end":3622.405},{"text":"productive","start":3622.405,"end":3622.838},{"text":"transformation.","start":3622.838,"end":3623.27}]},{"text":"Second, limited pipelines of well prepared bankable projects especially in energy access, connectivity and productive sectors that can unlock value chains.","start":3623.27,"end":3632.346,"topics":[{"key":"project-pipeline-preparation","label":"Project Pipeline and Bankability","description":"Several statements underscored the shortage of well-prepared, bankable projects in developing countries as a major bottleneck. 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Strengthening these systems was presented as essential for channeling funds into the real economy and reaching firms and communities effectively."}],"words":[{"text":"Third,","start":3632.346,"end":3632.778},{"text":"structural","start":3632.778,"end":3633.21},{"text":"barriers","start":3633.21,"end":3633.643},{"text":"such","start":3633.643,"end":3634.075},{"text":"as","start":3634.075,"end":3634.507},{"text":"small","start":3634.507,"end":3634.939},{"text":"markets,","start":3634.939,"end":3635.371},{"text":"remoteness,","start":3635.371,"end":3635.804},{"text":"transit","start":3635.804,"end":3636.236},{"text":"dependency","start":3636.236,"end":3636.668},{"text":"and","start":3636.668,"end":3637.1},{"text":"limited","start":3637.1,"end":3637.532},{"text":"diversification.","start":3637.532,"end":3637.965}]},{"text":"The implication is clear.","start":3637.965,"end":3639.693,"topics":[],"words":[{"text":"The","start":3637.965,"end":3638.397},{"text":"implication","start":3638.397,"end":3638.829},{"text":"is","start":3638.829,"end":3639.261},{"text":"clear.","start":3639.261,"end":3639.693}]},{"text":"Private capital will not scale without public intervention.","start":3639.693,"end":3643.151,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"Second,","start":3668.651,"end":3669.083},{"text":"reduce","start":3669.083,"end":3669.515},{"text":"real","start":3669.515,"end":3669.947},{"text":"and","start":3669.947,"end":3670.379},{"text":"perceived","start":3670.379,"end":3670.812},{"text":"risk","start":3670.812,"end":3671.244},{"text":"through","start":3671.244,"end":3671.676},{"text":"de","start":3671.676,"end":3672.108},{"text":"risking","start":3672.108,"end":3672.54},{"text":"tools","start":3672.54,"end":3672.973},{"text":"and","start":3672.973,"end":3673.405},{"text":"policy","start":3673.405,"end":3673.837},{"text":"support","start":3673.837,"end":3674.269},{"text":"Ensure","start":3674.269,"end":3674.701},{"text":"finance","start":3674.701,"end":3675.134},{"text":"support","start":3675.134,"end":3675.566},{"text":"structural","start":3675.566,"end":3675.998},{"text":"transformation","start":3675.998,"end":3676.43},{"text":"not","start":3676.43,"end":3676.862},{"text":"only","start":3676.862,"end":3677.295},{"text":"isolated","start":3677.295,"end":3677.727},{"text":"deals.","start":3677.727,"end":3678.159}]},{"text":"The operationalization of International Investment Support center for LDC should be accelerated to strengthen enabling environments, build capacity to attract and retain FDI and support the negotiation of complex investment contracts to turn commitments into projects.","start":3678.159,"end":3693.718,"topics":[{"key":"enabling-environment","label":"Enabling Policy and Regulatory Environment","description":"A recurring theme was the need for predictable policy frameworks, credible regulation, legal protections, and stable institutions to attract investment. 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The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."},{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."}],"words":[{"text":"Mr.","start":3706.684,"end":3707.116},{"text":"President,","start":3707.116,"end":3707.549},{"text":"any","start":3707.549,"end":3707.981},{"text":"new","start":3707.981,"end":3708.413},{"text":"paradigm","start":3708.413,"end":3708.845},{"text":"that","start":3708.845,"end":3709.277},{"text":"places","start":3709.277,"end":3709.71},{"text":"greater","start":3709.71,"end":3710.142},{"text":"weight","start":3710.142,"end":3710.574},{"text":"on","start":3710.574,"end":3711.006},{"text":"private","start":3711.006,"end":3711.438},{"text":"financing","start":3711.438,"end":3711.871},{"text":"will","start":3711.871,"end":3712.303},{"text":"be","start":3712.303,"end":3712.735},{"text":"judged","start":3712.735,"end":3713.167},{"text":"by","start":3713.167,"end":3713.599},{"text":"one","start":3713.599,"end":3714.032},{"text":"question,","start":3714.032,"end":3714.464},{"text":"can","start":3714.464,"end":3714.896},{"text":"it","start":3714.896,"end":3715.328},{"text":"deliver","start":3715.328,"end":3715.76},{"text":"at","start":3715.76,"end":3716.192},{"text":"scale","start":3716.192,"end":3716.625},{"text":"in","start":3716.625,"end":3717.057},{"text":"the","start":3717.057,"end":3717.489},{"text":"most","start":3717.489,"end":3717.921},{"text":"vulnerable","start":3717.921,"end":3718.353},{"text":"countries","start":3718.353,"end":3718.786},{"text":"that","start":3718.786,"end":3719.218},{"text":"need","start":3719.218,"end":3719.65},{"text":"it","start":3719.65,"end":3720.082},{"text":"most?","start":3720.082,"end":3720.514}]},{"text":"We remain committed to policy reforms and call for continued targeted support to address the unique challenges and opportunities in mobilizing private finance for sustainable development.","start":3720.514,"end":3731.752,"topics":[{"key":"enabling-environment","label":"Enabling Policy and Regulatory Environment","description":"A recurring theme was the need for predictable policy frameworks, credible regulation, legal protections, and stable institutions to attract investment. Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."},{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."},{"key":"country-ownership-capacity","label":"Country Ownership and Capacity Building","description":"Many speakers stressed that reforms and financing solutions must be country-led and grounded in national development strategies. Capacity building for governments, regulators, financial institutions, and market actors was repeatedly identified as necessary to implement frameworks and turn commitments into results."}],"words":[{"text":"We","start":3720.514,"end":3720.947},{"text":"remain","start":3720.947,"end":3721.379},{"text":"committed","start":3721.379,"end":3721.811},{"text":"to","start":3721.811,"end":3722.243},{"text":"policy","start":3722.243,"end":3722.675},{"text":"reforms","start":3722.675,"end":3723.108},{"text":"and","start":3723.108,"end":3723.54},{"text":"call","start":3723.54,"end":3723.972},{"text":"for","start":3723.972,"end":3724.404},{"text":"continued","start":3724.404,"end":3724.836},{"text":"targeted","start":3724.836,"end":3725.269},{"text":"support","start":3725.269,"end":3725.701},{"text":"to","start":3725.701,"end":3726.133},{"text":"address","start":3726.133,"end":3726.565},{"text":"the","start":3726.565,"end":3726.997},{"text":"unique","start":3726.997,"end":3727.43},{"text":"challenges","start":3727.43,"end":3727.862},{"text":"and","start":3727.862,"end":3728.294},{"text":"opportunities","start":3728.294,"end":3728.726},{"text":"in","start":3728.726,"end":3729.158},{"text":"mobilizing","start":3729.158,"end":3729.591},{"text":"private","start":3729.591,"end":3730.023},{"text":"finance","start":3730.023,"end":3730.455},{"text":"for","start":3730.455,"end":3730.887},{"text":"sustainable","start":3730.887,"end":3731.319},{"text":"development.","start":3731.319,"end":3731.752}]},{"text":"The LDC group looks forward to working constructively with all partners to realize the ambitious provisions of the SEVIA commitment.","start":3731.752,"end":3740.396,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."}],"words":[{"text":"The","start":3731.752,"end":3732.184},{"text":"LDC","start":3732.184,"end":3732.616},{"text":"group","start":3732.616,"end":3733.048},{"text":"looks","start":3733.048,"end":3733.48},{"text":"forward","start":3733.48,"end":3733.913},{"text":"to","start":3733.913,"end":3734.345},{"text":"working","start":3734.345,"end":3734.777},{"text":"constructively","start":3734.777,"end":3735.209},{"text":"with","start":3735.209,"end":3735.641},{"text":"all","start":3735.641,"end":3736.074},{"text":"partners","start":3736.074,"end":3736.506},{"text":"to","start":3736.506,"end":3736.938},{"text":"realize","start":3736.938,"end":3737.37},{"text":"the","start":3737.37,"end":3737.802},{"text":"ambitious","start":3737.802,"end":3738.235},{"text":"provisions","start":3738.235,"end":3738.667},{"text":"of","start":3738.667,"end":3739.099},{"text":"the","start":3739.099,"end":3739.531},{"text":"SEVIA","start":3739.531,"end":3739.963},{"text":"commitment.","start":3739.963,"end":3740.396}]},{"text":"Thank you.","start":3740.396,"end":3741.26,"topics":[],"words":[{"text":"Thank","start":3740.396,"end":3740.828},{"text":"you.","start":3740.828,"end":3741.26}]}]}],"speaker":{"name":"Nepal","affiliation":"NPL","affiliation_full":"Nepal","group":"LDCs","function":"Representative"}},{"statement_number":34,"start":3742.38,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=3743","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of Nepal speaking on behalf of the least developed countries of Now I give the floor to the distinguished representative of India, to be followed by Croatia, Republic of Korea, Sweden, South Africa and armenia.","start":3742.38,"end":3756.92,"topics":[],"words":[{"text":"I","start":3742.38,"end":3742.744},{"text":"thank","start":3742.744,"end":3743.107},{"text":"the","start":3743.107,"end":3743.471},{"text":"distinguished","start":3743.471,"end":3743.834},{"text":"representative","start":3743.834,"end":3744.198},{"text":"of","start":3744.198,"end":3744.561},{"text":"Nepal","start":3744.561,"end":3744.925},{"text":"speaking","start":3744.925,"end":3745.288},{"text":"on","start":3745.288,"end":3745.652},{"text":"behalf","start":3745.652,"end":3746.015},{"text":"of","start":3746.015,"end":3746.379},{"text":"the","start":3746.379,"end":3746.742},{"text":"least","start":3746.742,"end":3747.106},{"text":"developed","start":3747.106,"end":3747.469},{"text":"countries","start":3747.469,"end":3747.833},{"text":"of","start":3747.833,"end":3748.196},{"text":"Now","start":3748.196,"end":3748.56},{"text":"I","start":3748.56,"end":3748.923},{"text":"give","start":3748.923,"end":3749.287},{"text":"the","start":3749.287,"end":3749.65},{"text":"floor","start":3749.65,"end":3750.014},{"text":"to","start":3750.014,"end":3750.377},{"text":"the","start":3750.377,"end":3750.741},{"text":"distinguished","start":3750.741,"end":3751.104},{"text":"representative","start":3751.104,"end":3751.468},{"text":"of","start":3751.468,"end":3751.831},{"text":"India,","start":3751.831,"end":3752.195},{"text":"to","start":3752.195,"end":3752.558},{"text":"be","start":3752.558,"end":3752.922},{"text":"followed","start":3752.922,"end":3753.285},{"text":"by","start":3753.285,"end":3753.649},{"text":"Croatia,","start":3753.649,"end":3754.012},{"text":"Republic","start":3754.012,"end":3754.376},{"text":"of","start":3754.376,"end":3754.739},{"text":"Korea,","start":3754.739,"end":3755.103},{"text":"Sweden,","start":3755.103,"end":3755.466},{"text":"South","start":3755.466,"end":3755.83},{"text":"Africa","start":3755.83,"end":3756.193},{"text":"and","start":3756.193,"end":3756.557},{"text":"armenia.","start":3756.557,"end":3756.92}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":35,"start":3758.44,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=3759","paragraphs":[{"sentences":[{"text":"Thank you, Mr. President.","start":3758.44,"end":3760.219,"topics":[],"words":[{"text":"Thank","start":3758.44,"end":3758.885},{"text":"you,","start":3758.885,"end":3759.33},{"text":"Mr.","start":3759.33,"end":3759.774},{"text":"President.","start":3759.774,"end":3760.219}]},{"text":"Private business and finance have a key role to play in supporting sustainable development, but their full potential remains far from realized.","start":3760.219,"end":3770.005,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."}],"words":[{"text":"Private","start":3760.219,"end":3760.664},{"text":"business","start":3760.664,"end":3761.109},{"text":"and","start":3761.109,"end":3761.554},{"text":"finance","start":3761.554,"end":3761.998},{"text":"have","start":3761.998,"end":3762.443},{"text":"a","start":3762.443,"end":3762.888},{"text":"key","start":3762.888,"end":3763.333},{"text":"role","start":3763.333,"end":3763.778},{"text":"to","start":3763.778,"end":3764.222},{"text":"play","start":3764.222,"end":3764.667},{"text":"in","start":3764.667,"end":3765.112},{"text":"supporting","start":3765.112,"end":3765.557},{"text":"sustainable","start":3765.557,"end":3766.001},{"text":"development,","start":3766.001,"end":3766.446},{"text":"but","start":3766.446,"end":3766.891},{"text":"their","start":3766.891,"end":3767.336},{"text":"full","start":3767.336,"end":3767.781},{"text":"potential","start":3767.781,"end":3768.225},{"text":"remains","start":3768.225,"end":3768.67},{"text":"far","start":3768.67,"end":3769.115},{"text":"from","start":3769.115,"end":3769.56},{"text":"realized.","start":3769.56,"end":3770.005}]},{"text":"Despite growth in sustainable investment and financial inclusion, many developing countries continue to face significant challenges in mobilizing private resources at scale, with the cost of capital remaining disproportionately high.","start":3770.005,"end":3783.348,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"Croatia","start":3894.486,"end":3894.887},{"text":"underscores","start":3894.887,"end":3895.287},{"text":"that","start":3895.287,"end":3895.687},{"text":"private","start":3895.687,"end":3896.087},{"text":"business","start":3896.087,"end":3896.488},{"text":"and","start":3896.488,"end":3896.888},{"text":"finance","start":3896.888,"end":3897.288},{"text":"are","start":3897.288,"end":3897.688},{"text":"essential","start":3897.688,"end":3898.089},{"text":"drivers","start":3898.089,"end":3898.489},{"text":"of","start":3898.489,"end":3898.889},{"text":"sustainable","start":3898.889,"end":3899.289},{"text":"development,","start":3899.289,"end":3899.69},{"text":"complementing","start":3899.69,"end":3900.09},{"text":"public","start":3900.09,"end":3900.49},{"text":"policy","start":3900.49,"end":3900.89},{"text":"and","start":3900.89,"end":3901.291},{"text":"multilateral","start":3901.291,"end":3901.691},{"text":"action","start":3901.691,"end":3902.091},{"text":"in","start":3902.091,"end":3902.491},{"text":"delivering","start":3902.491,"end":3902.892},{"text":"the","start":3902.892,"end":3903.292},{"text":"2030","start":3903.292,"end":3903.692},{"text":"Agenda","start":3903.692,"end":3904.092},{"text":"as","start":3904.092,"end":3904.492},{"text":"an","start":3904.492,"end":3904.893},{"text":"open","start":3904.893,"end":3905.293},{"text":"EU","start":3905.293,"end":3905.693},{"text":"state","start":3905.693,"end":3906.093},{"text":"and","start":3906.093,"end":3906.494},{"text":"Eurozone","start":3906.494,"end":3906.894},{"text":"economy.","start":3906.894,"end":3907.294}]},{"text":"Croatia continuously implements measures to encourage private capital innovation and responsible finance to accelerate green, digital and inclusive growth which are our priorities.","start":3907.294,"end":3916.5,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."}],"words":[{"text":"Croatia","start":3907.294,"end":3907.694},{"text":"continuously","start":3907.694,"end":3908.095},{"text":"implements","start":3908.095,"end":3908.495},{"text":"measures","start":3908.495,"end":3908.895},{"text":"to","start":3908.895,"end":3909.295},{"text":"encourage","start":3909.295,"end":3909.696},{"text":"private","start":3909.696,"end":3910.096},{"text":"capital","start":3910.096,"end":3910.496},{"text":"innovation","start":3910.496,"end":3910.896},{"text":"and","start":3910.896,"end":3911.297},{"text":"responsible","start":3911.297,"end":3911.697},{"text":"finance","start":3911.697,"end":3912.097},{"text":"to","start":3912.097,"end":3912.497},{"text":"accelerate","start":3912.497,"end":3912.898},{"text":"green,","start":3912.898,"end":3913.298},{"text":"digital","start":3913.298,"end":3913.698},{"text":"and","start":3913.698,"end":3914.098},{"text":"inclusive","start":3914.098,"end":3914.498},{"text":"growth","start":3914.498,"end":3914.899},{"text":"which","start":3914.899,"end":3915.299},{"text":"are","start":3915.299,"end":3915.699},{"text":"our","start":3915.699,"end":3916.099},{"text":"priorities.","start":3916.099,"end":3916.5}]},{"text":"In this regard, let me underline the following three points.","start":3916.5,"end":3920.502,"topics":[],"words":[{"text":"In","start":3916.5,"end":3916.9},{"text":"this","start":3916.9,"end":3917.3},{"text":"regard,","start":3917.3,"end":3917.7},{"text":"let","start":3917.7,"end":3918.101},{"text":"me","start":3918.101,"end":3918.501},{"text":"underline","start":3918.501,"end":3918.901},{"text":"the","start":3918.901,"end":3919.301},{"text":"following","start":3919.301,"end":3919.702},{"text":"three","start":3919.702,"end":3920.102},{"text":"points.","start":3920.102,"end":3920.502}]},{"text":"First, Croatia is mobilizing private finance for the green and digital transition through the National Recovery and Resilience Plan.","start":3920.502,"end":3928.107,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."},{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."},{"key":"project-pipeline-preparation","label":"Project Pipeline and Bankability","description":"Several statements underscored the shortage of well-prepared, bankable projects in developing countries as a major bottleneck. Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."}],"words":[{"text":"First,","start":3920.502,"end":3920.902},{"text":"Croatia","start":3920.902,"end":3921.303},{"text":"is","start":3921.303,"end":3921.703},{"text":"mobilizing","start":3921.703,"end":3922.103},{"text":"private","start":3922.103,"end":3922.503},{"text":"finance","start":3922.503,"end":3922.904},{"text":"for","start":3922.904,"end":3923.304},{"text":"the","start":3923.304,"end":3923.704},{"text":"green","start":3923.704,"end":3924.104},{"text":"and","start":3924.104,"end":3924.504},{"text":"digital","start":3924.504,"end":3924.905},{"text":"transition","start":3924.905,"end":3925.305},{"text":"through","start":3925.305,"end":3925.705},{"text":"the","start":3925.705,"end":3926.105},{"text":"National","start":3926.105,"end":3926.506},{"text":"Recovery","start":3926.506,"end":3926.906},{"text":"and","start":3926.906,"end":3927.306},{"text":"Resilience","start":3927.306,"end":3927.706},{"text":"Plan.","start":3927.706,"end":3928.107}]},{"text":"Private companies are co investing in renewable energy, energy efficient buildings and sustainable transport.","start":3928.107,"end":3933.71,"topics":[{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. 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Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."}],"words":[{"text":"Large","start":3934.67,"end":3934.956},{"text":"solar","start":3934.956,"end":3935.241},{"text":"and","start":3935.241,"end":3935.527},{"text":"wind","start":3935.527,"end":3935.813},{"text":"projects","start":3935.813,"end":3936.099},{"text":"driven","start":3936.099,"end":3936.384},{"text":"by","start":3936.384,"end":3936.67}]}]}],"speaker":{"name":null,"affiliation":null,"affiliation_full":null,"group":null,"function":null}},{"statement_number":39,"start":3936.67,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=3937","paragraphs":[{"sentences":[{"text":"private developers are exploiting expanding our clean energy base and reducing emissions.","start":3936.67,"end":3942.143,"topics":[{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. 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Strengthening these systems was presented as essential for channeling funds into the real economy and reaching firms and communities effectively."}],"words":[{"text":"Our","start":3953.545,"end":3954.001},{"text":"growing","start":3954.001,"end":3954.457},{"text":"tech","start":3954.457,"end":3954.913},{"text":"ecosystem,","start":3954.913,"end":3955.369},{"text":"supported","start":3955.369,"end":3955.825},{"text":"by","start":3955.825,"end":3956.281},{"text":"incubators","start":3956.281,"end":3956.738},{"text":"and","start":3956.738,"end":3957.194},{"text":"EU","start":3957.194,"end":3957.65},{"text":"backed","start":3957.65,"end":3958.106},{"text":"accelerators","start":3958.106,"end":3958.562},{"text":"is","start":3958.562,"end":3959.018},{"text":"developing","start":3959.018,"end":3959.474},{"text":"digital","start":3959.474,"end":3959.93},{"text":"solutions","start":3959.93,"end":3960.386},{"text":"for","start":3960.386,"end":3960.842},{"text":"energy","start":3960.842,"end":3961.298},{"text":"management,","start":3961.298,"end":3961.754},{"text":"mobility","start":3961.754,"end":3962.211},{"text":"and","start":3962.211,"end":3962.667},{"text":"public","start":3962.667,"end":3963.123},{"text":"services.","start":3963.123,"end":3963.579}]},{"text":"Tourism companies are integrating sustainability standards and from an energy efficient infrastructure to circular economy waste systems, strengthening resilience and competitiveness.","start":3963.579,"end":3973.156,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."}],"words":[{"text":"Croatia","start":3994.592,"end":3995.048},{"text":"remains","start":3995.048,"end":3995.504},{"text":"committed","start":3995.504,"end":3995.961},{"text":"to","start":3995.961,"end":3996.417},{"text":"working","start":3996.417,"end":3996.873},{"text":"with","start":3996.873,"end":3997.329},{"text":"partners","start":3997.329,"end":3997.785},{"text":"and","start":3997.785,"end":3998.241},{"text":"share","start":3998.241,"end":3998.697},{"text":"its","start":3998.697,"end":3999.153},{"text":"experience","start":3999.153,"end":3999.609},{"text":"to","start":3999.609,"end":4000.065},{"text":"ensure","start":4000.065,"end":4000.521},{"text":"that","start":4000.521,"end":4000.977},{"text":"private","start":4000.977,"end":4001.434},{"text":"business","start":4001.434,"end":4001.89},{"text":"and","start":4001.89,"end":4002.346},{"text":"finance","start":4002.346,"end":4002.802},{"text":"act","start":4002.802,"end":4003.258},{"text":"as","start":4003.258,"end":4003.714},{"text":"engines.","start":4003.714,"end":4004.17}]}]}],"speaker":{"name":"Croatia","affiliation":"HRV","affiliation_full":"Croatia","group":null,"function":"Representative"}},{"statement_number":40,"start":4008.01,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=4009","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of Croatia.","start":4008.01,"end":4010.642,"topics":[],"words":[{"text":"I","start":4008.01,"end":4008.386},{"text":"thank","start":4008.386,"end":4008.762},{"text":"the","start":4008.762,"end":4009.138},{"text":"distinguished","start":4009.138,"end":4009.514},{"text":"representative","start":4009.514,"end":4009.89},{"text":"of","start":4009.89,"end":4010.266},{"text":"Croatia.","start":4010.266,"end":4010.642}]},{"text":"Now I give the floor to the distinguished representative of Republic of Korea.","start":4010.642,"end":4015.53,"topics":[],"words":[{"text":"Now","start":4010.642,"end":4011.018},{"text":"I","start":4011.018,"end":4011.394},{"text":"give","start":4011.394,"end":4011.77},{"text":"the","start":4011.77,"end":4012.146},{"text":"floor","start":4012.146,"end":4012.522},{"text":"to","start":4012.522,"end":4012.898},{"text":"the","start":4012.898,"end":4013.274},{"text":"distinguished","start":4013.274,"end":4013.65},{"text":"representative","start":4013.65,"end":4014.026},{"text":"of","start":4014.026,"end":4014.402},{"text":"Republic","start":4014.402,"end":4014.778},{"text":"of","start":4014.778,"end":4015.154},{"text":"Korea.","start":4015.154,"end":4015.53}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":41,"start":4017.38,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=4018","paragraphs":[{"sentences":[{"text":"Thank you Mr. President.","start":4017.38,"end":4019.068,"topics":[],"words":[{"text":"Thank","start":4017.38,"end":4017.802},{"text":"you","start":4017.802,"end":4018.224},{"text":"Mr.","start":4018.224,"end":4018.646},{"text":"President.","start":4018.646,"end":4019.068}]},{"text":"As we work to implement the severe commitment, particularly on private capital mobilization, there is now broad recognition of the important role of blended finance.","start":4019.068,"end":4029.619,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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partners.","start":4262.685,"end":4268.1,"topics":[],"words":[{"text":"Sweden","start":4262.685,"end":4263.101},{"text":"stands","start":4263.101,"end":4263.518},{"text":"prepared","start":4263.518,"end":4263.934},{"text":"to","start":4263.934,"end":4264.351},{"text":"continue","start":4264.351,"end":4264.767},{"text":"developing","start":4264.767,"end":4265.184},{"text":"our","start":4265.184,"end":4265.601},{"text":"toolbox","start":4265.601,"end":4266.017},{"text":"and","start":4266.017,"end":4266.434},{"text":"to","start":4266.434,"end":4266.85},{"text":"working","start":4266.85,"end":4267.267},{"text":"with","start":4267.267,"end":4267.683},{"text":"partners.","start":4267.683,"end":4268.1}]}]}],"speaker":{"name":"Sweden","affiliation":"SWE","affiliation_full":"Sweden","group":null,"function":"Representative"}},{"statement_number":44,"start":4270.1,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=4271","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of 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The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."}],"words":[{"text":"Finally,","start":4534.457,"end":4534.963},{"text":"we","start":4534.963,"end":4535.468},{"text":"underline","start":4535.468,"end":4535.973},{"text":"the","start":4535.973,"end":4536.478},{"text":"private","start":4536.478,"end":4536.983},{"text":"finance","start":4536.983,"end":4537.488},{"text":"cannot","start":4537.488,"end":4537.994},{"text":"substitute","start":4537.994,"end":4538.499},{"text":"for","start":4538.499,"end":4539.004},{"text":"public","start":4539.004,"end":4539.509},{"text":"investment","start":4539.509,"end":4540.014},{"text":"and","start":4540.014,"end":4540.52},{"text":"international","start":4540.52,"end":4541.025},{"text":"support.","start":4541.025,"end":4541.53}]}]}],"speaker":{"name":"Armenia","affiliation":"ARM","affiliation_full":"Armenia","group":null,"function":"Representative"}},{"statement_number":48,"start":4543.21,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=4544","paragraphs":[{"sentences":[{"text":"I thank the District Representative of Armenia.","start":4543.21,"end":4545.886,"topics":[],"words":[{"text":"I","start":4543.21,"end":4543.592},{"text":"thank","start":4543.592,"end":4543.974},{"text":"the","start":4543.974,"end":4544.357},{"text":"District","start":4544.357,"end":4544.739},{"text":"Representative","start":4544.739,"end":4545.121},{"text":"of","start":4545.121,"end":4545.503},{"text":"Armenia.","start":4545.503,"end":4545.886}]},{"text":"Now I give the floor to the District Representative of Peru.","start":4545.886,"end":4550.09,"topics":[],"words":[{"text":"Now","start":4545.886,"end":4546.268},{"text":"I","start":4546.268,"end":4546.65},{"text":"give","start":4546.65,"end":4547.032},{"text":"the","start":4547.032,"end":4547.414},{"text":"floor","start":4547.414,"end":4547.797},{"text":"to","start":4547.797,"end":4548.179},{"text":"the","start":4548.179,"end":4548.561},{"text":"District","start":4548.561,"end":4548.943},{"text":"Representative","start":4548.943,"end":4549.326},{"text":"of","start":4549.326,"end":4549.708},{"text":"Peru.","start":4549.708,"end":4550.09}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":49,"start":4552.66,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=4553","paragraphs":[{"sentences":[{"text":"Thank you, Chair. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"The","start":4707.628,"end":4708.086},{"text":"issue","start":4708.086,"end":4708.543},{"text":"is","start":4708.543,"end":4709},{"text":"not","start":4709,"end":4709.457},{"text":"a","start":4709.457,"end":4709.915},{"text":"lack","start":4709.915,"end":4710.372},{"text":"of","start":4710.372,"end":4710.829},{"text":"Opportunity","start":4710.829,"end":4711.286},{"text":"in","start":4711.286,"end":4711.744},{"text":"developing","start":4711.744,"end":4712.201},{"text":"countries,","start":4712.201,"end":4712.658},{"text":"but","start":4712.658,"end":4713.115},{"text":"a","start":4713.115,"end":4713.573},{"text":"lack","start":4713.573,"end":4714.03},{"text":"of","start":4714.03,"end":4714.487},{"text":"sufficiently","start":4714.487,"end":4714.944},{"text":"aligned","start":4714.944,"end":4715.402},{"text":"and","start":4715.402,"end":4715.859},{"text":"accessible","start":4715.859,"end":4716.316},{"text":"capital.","start":4716.316,"end":4716.773}]},{"text":"Zambia, like many other resource rich countries, offers strong investment potential across sectors such as mining, agriculture, manufacturing and tourism.","start":4716.773,"end":4725.918,"topics":[],"words":[{"text":"Zambia,","start":4716.773,"end":4717.231},{"text":"like","start":4717.231,"end":4717.688},{"text":"many","start":4717.688,"end":4718.145},{"text":"other","start":4718.145,"end":4718.602},{"text":"resource","start":4718.602,"end":4719.06},{"text":"rich","start":4719.06,"end":4719.517},{"text":"countries,","start":4719.517,"end":4719.974},{"text":"offers","start":4719.974,"end":4720.431},{"text":"strong","start":4720.431,"end":4720.889},{"text":"investment","start":4720.889,"end":4721.346},{"text":"potential","start":4721.346,"end":4721.803},{"text":"across","start":4721.803,"end":4722.26},{"text":"sectors","start":4722.26,"end":4722.718},{"text":"such","start":4722.718,"end":4723.175},{"text":"as","start":4723.175,"end":4723.632},{"text":"mining,","start":4723.632,"end":4724.089},{"text":"agriculture,","start":4724.089,"end":4724.547},{"text":"manufacturing","start":4724.547,"end":4725.004},{"text":"and","start":4725.004,"end":4725.461},{"text":"tourism.","start":4725.461,"end":4725.918}]},{"text":"These sectors are central to our economic diversification, job creation and resilience.","start":4725.918,"end":4731.405,"topics":[],"words":[{"text":"These","start":4725.918,"end":4726.376},{"text":"sectors","start":4726.376,"end":4726.833},{"text":"are","start":4726.833,"end":4727.29},{"text":"central","start":4727.29,"end":4727.747},{"text":"to","start":4727.747,"end":4728.205},{"text":"our","start":4728.205,"end":4728.662},{"text":"economic","start":4728.662,"end":4729.119},{"text":"diversification,","start":4729.119,"end":4729.576},{"text":"job","start":4729.576,"end":4730.034},{"text":"creation","start":4730.034,"end":4730.491},{"text":"and","start":4730.491,"end":4730.948},{"text":"resilience.","start":4730.948,"end":4731.405}]},{"text":"What is required is to translate this potential into bankable scaled investments.","start":4731.405,"end":4736.892,"topics":[{"key":"project-pipeline-preparation","label":"Project Pipeline and Bankability","description":"Several statements underscored the shortage of well-prepared, bankable projects in developing countries as a major bottleneck. Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."}],"words":[{"text":"What","start":4731.405,"end":4731.863},{"text":"is","start":4731.863,"end":4732.32},{"text":"required","start":4732.32,"end":4732.777},{"text":"is","start":4732.777,"end":4733.234},{"text":"to","start":4733.234,"end":4733.692},{"text":"translate","start":4733.692,"end":4734.149},{"text":"this","start":4734.149,"end":4734.606},{"text":"potential","start":4734.606,"end":4735.063},{"text":"into","start":4735.063,"end":4735.521},{"text":"bankable","start":4735.521,"end":4735.978},{"text":"scaled","start":4735.978,"end":4736.435},{"text":"investments.","start":4736.435,"end":4736.892}]},{"text":"Zambia is taking concrete steps.","start":4736.892,"end":4739.178,"topics":[],"words":[{"text":"Zambia","start":4736.892,"end":4737.349},{"text":"is","start":4737.349,"end":4737.807},{"text":"taking","start":4737.807,"end":4738.264},{"text":"concrete","start":4738.264,"end":4738.721},{"text":"steps.","start":4738.721,"end":4739.178}]},{"text":"We are expanding public private partnerships and joint ventures, particularly in energy transport and digital connectivity infrastructure as these are essential enablers of productive economies.","start":4739.178,"end":4750.61,"topics":[{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"Furthermore,","start":4763.87,"end":4764.327},{"text":"Zambia","start":4764.327,"end":4764.784},{"text":"has","start":4764.784,"end":4765.242},{"text":"also","start":4765.242,"end":4765.699},{"text":"prioritized","start":4765.699,"end":4766.156},{"text":"the","start":4766.156,"end":4766.613},{"text":"creation","start":4766.613,"end":4767.071},{"text":"of","start":4767.071,"end":4767.528},{"text":"a","start":4767.528,"end":4767.985},{"text":"conducive","start":4767.985,"end":4768.442},{"text":"and","start":4768.442,"end":4768.9},{"text":"predictable","start":4768.9,"end":4769.357},{"text":"policy","start":4769.357,"end":4769.814},{"text":"environment","start":4769.814,"end":4770.271},{"text":"for","start":4770.271,"end":4770.729},{"text":"both","start":4770.729,"end":4771.186},{"text":"domestic","start":4771.186,"end":4771.643},{"text":"and","start":4771.643,"end":4772.1},{"text":"foreign","start":4772.1,"end":4772.558},{"text":"investors.","start":4772.558,"end":4773.015}]},{"text":"Through our Public Private Partnership Forum, we have established an inclusive platform that fosters structured investment between government and the private sector.","start":4773.015,"end":4783.074,"topics":[{"key":"country-ownership-capacity","label":"Country Ownership and Capacity Building","description":"Many speakers stressed that reforms and financing solutions must be country-led and grounded in national development strategies. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"Through","start":4773.015,"end":4773.472},{"text":"our","start":4773.472,"end":4773.929},{"text":"Public","start":4773.929,"end":4774.387},{"text":"Private","start":4774.387,"end":4774.844},{"text":"Partnership","start":4774.844,"end":4775.301},{"text":"Forum,","start":4775.301,"end":4775.758},{"text":"we","start":4775.758,"end":4776.216},{"text":"have","start":4776.216,"end":4776.673},{"text":"established","start":4776.673,"end":4777.13},{"text":"an","start":4777.13,"end":4777.587},{"text":"inclusive","start":4777.587,"end":4778.045},{"text":"platform","start":4778.045,"end":4778.502},{"text":"that","start":4778.502,"end":4778.959},{"text":"fosters","start":4778.959,"end":4779.416},{"text":"structured","start":4779.416,"end":4779.874},{"text":"investment","start":4779.874,"end":4780.331},{"text":"between","start":4780.331,"end":4780.788},{"text":"government","start":4780.788,"end":4781.245},{"text":"and","start":4781.245,"end":4781.703},{"text":"the","start":4781.703,"end":4782.16},{"text":"private","start":4782.16,"end":4782.617},{"text":"sector.","start":4782.617,"end":4783.074}]},{"text":"But national efforts alone are not enough.","start":4783.074,"end":4786.275,"topics":[],"words":[{"text":"But","start":4783.074,"end":4783.532},{"text":"national","start":4783.532,"end":4783.989},{"text":"efforts","start":4783.989,"end":4784.446},{"text":"alone","start":4784.446,"end":4784.903},{"text":"are","start":4784.903,"end":4785.361},{"text":"not","start":4785.361,"end":4785.818},{"text":"enough.","start":4785.818,"end":4786.275}]},{"text":"At the global level, we call for collective action to confront structural barriers that continue to constrain private finance flows.","start":4786.275,"end":4795.42,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"At","start":4786.275,"end":4786.732},{"text":"the","start":4786.732,"end":4787.19},{"text":"global","start":4787.19,"end":4787.647},{"text":"level,","start":4787.647,"end":4788.104},{"text":"we","start":4788.104,"end":4788.561},{"text":"call","start":4788.561,"end":4789.019},{"text":"for","start":4789.019,"end":4789.476},{"text":"collective","start":4789.476,"end":4789.933},{"text":"action","start":4789.933,"end":4790.39},{"text":"to","start":4790.39,"end":4790.848},{"text":"confront","start":4790.848,"end":4791.305},{"text":"structural","start":4791.305,"end":4791.762},{"text":"barriers","start":4791.762,"end":4792.219},{"text":"that","start":4792.219,"end":4792.677},{"text":"continue","start":4792.677,"end":4793.134},{"text":"to","start":4793.134,"end":4793.591},{"text":"constrain","start":4793.591,"end":4794.048},{"text":"private","start":4794.048,"end":4794.506},{"text":"finance","start":4794.506,"end":4794.963},{"text":"flows.","start":4794.963,"end":4795.42}]}]}],"speaker":{"name":"Zambia","affiliation":"ZMB","affiliation_full":"Zambia","group":null,"function":"Representative"}},{"statement_number":52,"start":4798.94,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=4799","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of Zambia.","start":4798.94,"end":4801.491,"topics":[],"words":[{"text":"I","start":4798.94,"end":4799.304},{"text":"thank","start":4799.304,"end":4799.669},{"text":"the","start":4799.669,"end":4800.033},{"text":"distinguished","start":4800.033,"end":4800.398},{"text":"representative","start":4800.398,"end":4800.762},{"text":"of","start":4800.762,"end":4801.127},{"text":"Zambia.","start":4801.127,"end":4801.491}]},{"text":"Now I give the floor to the distinguished representative of Mexico.","start":4801.491,"end":4805.5,"topics":[],"words":[{"text":"Now","start":4801.491,"end":4801.856},{"text":"I","start":4801.856,"end":4802.22},{"text":"give","start":4802.22,"end":4802.584},{"text":"the","start":4802.584,"end":4802.949},{"text":"floor","start":4802.949,"end":4803.313},{"text":"to","start":4803.313,"end":4803.678},{"text":"the","start":4803.678,"end":4804.042},{"text":"distinguished","start":4804.042,"end":4804.407},{"text":"representative","start":4804.407,"end":4804.771},{"text":"of","start":4804.771,"end":4805.136},{"text":"Mexico.","start":4805.136,"end":4805.5}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":53,"start":4808.78,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=4809","paragraphs":[{"sentences":[{"text":"Thank you, President.","start":4808.78,"end":4810.086,"topics":[],"words":[{"text":"Thank","start":4808.78,"end":4809.215},{"text":"you,","start":4809.215,"end":4809.65},{"text":"President.","start":4809.65,"end":4810.086}]},{"text":"Mexico recognizes that no narrowing financing for development gaps.","start":4810.086,"end":4814.003,"topics":[],"words":[{"text":"Mexico","start":4810.086,"end":4810.521},{"text":"recognizes","start":4810.521,"end":4810.956},{"text":"that","start":4810.956,"end":4811.391},{"text":"no","start":4811.391,"end":4811.827},{"text":"narrowing","start":4811.827,"end":4812.262},{"text":"financing","start":4812.262,"end":4812.697},{"text":"for","start":4812.697,"end":4813.132},{"text":"development","start":4813.132,"end":4813.568},{"text":"gaps.","start":4813.568,"end":4814.003}]},{"text":"In a context in which we're seeing the reduction of international development funding and as a complement to the work of States, it is vital to decisively involve the private sector.","start":4814.003,"end":4827.495,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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The UK strongly agrees with the assessments set out so far by the panel.","start":5067.42,"end":5075.614,"topics":[],"words":[{"text":"Thank","start":5067.42,"end":5067.875},{"text":"you,","start":5067.875,"end":5068.33},{"text":"Mr.","start":5068.33,"end":5068.786},{"text":"Chair.","start":5068.786,"end":5069.241},{"text":"The","start":5069.241,"end":5069.696},{"text":"UK","start":5069.696,"end":5070.151},{"text":"strongly","start":5070.151,"end":5070.607},{"text":"agrees","start":5070.607,"end":5071.062},{"text":"with","start":5071.062,"end":5071.517},{"text":"the","start":5071.517,"end":5071.972},{"text":"assessments","start":5071.972,"end":5072.428},{"text":"set","start":5072.428,"end":5072.883},{"text":"out","start":5072.883,"end":5073.338},{"text":"so","start":5073.338,"end":5073.793},{"text":"far","start":5073.793,"end":5074.249},{"text":"by","start":5074.249,"end":5074.704},{"text":"the","start":5074.704,"end":5075.159},{"text":"panel.","start":5075.159,"end":5075.614}]},{"text":"The challenge is not a lack of global capital, but how that capital is channeled with finance concentrated in a small number of markets, risks often misunderstood and too few investable opportunities across many developing countries.","start":5075.614,"end":5092.003,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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is surprising to say the least, that we continue doubling down on the myth that deregulating economies and offering hard earned public resources in the form of guarantees to attract more private finance is the way to go about advancing sustainable development.","start":5328.747,"end":5344.099,"topics":[{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"As","start":5352.667,"end":5353.024},{"text":"we","start":5353.024,"end":5353.381},{"text":"gather","start":5353.381,"end":5353.738},{"text":"here","start":5353.738,"end":5354.095},{"text":"in","start":5354.095,"end":5354.452},{"text":"this","start":5354.452,"end":5354.809},{"text":"intergovernmental","start":5354.809,"end":5355.166},{"text":"and","start":5355.166,"end":5355.523},{"text":"international","start":5355.523,"end":5355.88},{"text":"space","start":5355.88,"end":5356.237},{"text":"which","start":5356.237,"end":5356.594},{"text":"is","start":5356.594,"end":5356.951},{"text":"facing","start":5356.951,"end":5357.308},{"text":"many","start":5357.308,"end":5357.665},{"text":"attacks","start":5357.665,"end":5358.022},{"text":"in","start":5358.022,"end":5358.379},{"text":"the","start":5358.379,"end":5358.736},{"text":"context","start":5358.736,"end":5359.093},{"text":"of","start":5359.093,"end":5359.45},{"text":"a","start":5359.45,"end":5359.807},{"text":"major","start":5359.807,"end":5360.164},{"text":"crisis","start":5360.164,"end":5360.521},{"text":"in","start":5360.521,"end":5360.878},{"text":"multilateralism","start":5360.878,"end":5361.235},{"text":"and","start":5361.235,"end":5361.592},{"text":"recognizing","start":5361.592,"end":5361.949},{"text":"how","start":5361.949,"end":5362.306},{"text":"interconnected","start":5362.306,"end":5362.663},{"text":"our","start":5362.663,"end":5363.02},{"text":"global","start":5363.02,"end":5363.377},{"text":"economy","start":5363.377,"end":5363.734},{"text":"is,","start":5363.734,"end":5364.091},{"text":"we","start":5364.091,"end":5364.449},{"text":"cannot","start":5364.449,"end":5364.806},{"text":"pretend","start":5364.806,"end":5365.163},{"text":"that","start":5365.163,"end":5365.52},{"text":"the","start":5365.52,"end":5365.877},{"text":"solution","start":5365.877,"end":5366.234},{"text":"is","start":5366.234,"end":5366.591},{"text":"to","start":5366.591,"end":5366.948},{"text":"shift","start":5366.948,"end":5367.305},{"text":"the","start":5367.305,"end":5367.662},{"text":"burden","start":5367.662,"end":5368.019},{"text":"to","start":5368.019,"end":5368.376},{"text":"national","start":5368.376,"end":5368.733},{"text":"level","start":5368.733,"end":5369.09},{"text":"policies","start":5369.09,"end":5369.447},{"text":"to","start":5369.447,"end":5369.804},{"text":"attract","start":5369.804,"end":5370.161},{"text":"private","start":5370.161,"end":5370.518},{"text":"capital.","start":5370.518,"end":5370.875}]},{"text":"So I agree with previous speakers in their mention of the need for an international enabling environment for sustainable development and on the importance of regulations, not just voluntary standards.","start":5370.875,"end":5381.585,"topics":[{"key":"enabling-environment","label":"Enabling Policy and Regulatory Environment","description":"A recurring theme was the need for predictable policy frameworks, credible regulation, legal protections, and stable institutions to attract investment. 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To me that in this discussion there are two worlds.","start":5476.95,"end":5481.487,"topics":[],"words":[{"text":"Yeah.","start":5476.95,"end":5477.362},{"text":"To","start":5477.362,"end":5477.775},{"text":"me","start":5477.775,"end":5478.187},{"text":"that","start":5478.187,"end":5478.6},{"text":"in","start":5478.6,"end":5479.012},{"text":"this","start":5479.012,"end":5479.425},{"text":"discussion","start":5479.425,"end":5479.837},{"text":"there","start":5479.837,"end":5480.249},{"text":"are","start":5480.249,"end":5480.662},{"text":"two","start":5480.662,"end":5481.074},{"text":"worlds.","start":5481.074,"end":5481.487}]},{"text":"One world where capital is not important, just efficiency of deploying capital is.","start":5481.487,"end":5486.848,"topics":[],"words":[{"text":"One","start":5481.487,"end":5481.899},{"text":"world","start":5481.899,"end":5482.311},{"text":"where","start":5482.311,"end":5482.724},{"text":"capital","start":5482.724,"end":5483.136},{"text":"is","start":5483.136,"end":5483.549},{"text":"not","start":5483.549,"end":5483.961},{"text":"important,","start":5483.961,"end":5484.374},{"text":"just","start":5484.374,"end":5484.786},{"text":"efficiency","start":5484.786,"end":5485.198},{"text":"of","start":5485.198,"end":5485.611},{"text":"deploying","start":5485.611,"end":5486.023},{"text":"capital","start":5486.023,"end":5486.436},{"text":"is.","start":5486.436,"end":5486.848}]},{"text":"And the second is the world where I belong and probably Zambia belongs and society for international development belongs.","start":5486.848,"end":5494.684,"topics":[],"words":[{"text":"And","start":5486.848,"end":5487.26},{"text":"the","start":5487.26,"end":5487.673},{"text":"second","start":5487.673,"end":5488.085},{"text":"is","start":5488.085,"end":5488.498},{"text":"the","start":5488.498,"end":5488.91},{"text":"world","start":5488.91,"end":5489.323},{"text":"where","start":5489.323,"end":5489.735},{"text":"I","start":5489.735,"end":5490.147},{"text":"belong","start":5490.147,"end":5490.56},{"text":"and","start":5490.56,"end":5490.972},{"text":"probably","start":5490.972,"end":5491.385},{"text":"Zambia","start":5491.385,"end":5491.797},{"text":"belongs","start":5491.797,"end":5492.209},{"text":"and","start":5492.209,"end":5492.622},{"text":"society","start":5492.622,"end":5493.034},{"text":"for","start":5493.034,"end":5493.447},{"text":"international","start":5493.447,"end":5493.859},{"text":"development","start":5493.859,"end":5494.272},{"text":"belongs.","start":5494.272,"end":5494.684}]},{"text":"Where capital is a problem.","start":5494.684,"end":5496.746,"topics":[],"words":[{"text":"Where","start":5494.684,"end":5495.096},{"text":"capital","start":5495.096,"end":5495.509},{"text":"is","start":5495.509,"end":5495.921},{"text":"a","start":5495.921,"end":5496.334},{"text":"problem.","start":5496.334,"end":5496.746}]},{"text":"I mean, when we do allocations, we struggle.","start":5496.746,"end":5500.045,"topics":[],"words":[{"text":"I","start":5496.746,"end":5497.158},{"text":"mean,","start":5497.158,"end":5497.571},{"text":"when","start":5497.571,"end":5497.983},{"text":"we","start":5497.983,"end":5498.396},{"text":"do","start":5498.396,"end":5498.808},{"text":"allocations,","start":5498.808,"end":5499.221},{"text":"we","start":5499.221,"end":5499.633},{"text":"struggle.","start":5499.633,"end":5500.045}]},{"text":"When we seek funding and capital, we struggle.","start":5500.045,"end":5503.345,"topics":[],"words":[{"text":"When","start":5500.045,"end":5500.458},{"text":"we","start":5500.458,"end":5500.87},{"text":"seek","start":5500.87,"end":5501.283},{"text":"funding","start":5501.283,"end":5501.695},{"text":"and","start":5501.695,"end":5502.108},{"text":"capital,","start":5502.108,"end":5502.52},{"text":"we","start":5502.52,"end":5502.932},{"text":"struggle.","start":5502.932,"end":5503.345}]},{"text":"We have to create a demarcation between private rate of returns and public rate of returns and deploy public money.","start":5503.345,"end":5511.593,"topics":[{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. 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Thank you.","start":5697.47,"end":5698.797,"topics":[],"words":[{"text":"Sure.","start":5697.47,"end":5697.912},{"text":"Thank","start":5697.912,"end":5698.355},{"text":"you.","start":5698.355,"end":5698.797}]},{"text":"And adding to what has been said, I mean, we think we all have consensus that three stakeholders are critical, each for their specific profile to sort of boost the support to sustainable development project.","start":5698.797,"end":5714.28,"topics":[{"key":"project-pipeline-preparation","label":"Project Pipeline and Bankability","description":"Several statements underscored the shortage of well-prepared, bankable projects in developing countries as a major bottleneck. 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me end it here.","start":5971.985,"end":5973.993,"topics":[],"words":[{"text":"Let","start":5971.985,"end":5972.387},{"text":"me","start":5972.387,"end":5972.788},{"text":"end","start":5972.788,"end":5973.19},{"text":"it","start":5973.19,"end":5973.592},{"text":"here.","start":5973.592,"end":5973.993}]},{"text":"Mr. President, thank you again for the opportunity.","start":5973.993,"end":5977.206,"topics":[],"words":[{"text":"Mr.","start":5973.993,"end":5974.395},{"text":"President,","start":5974.395,"end":5974.796},{"text":"thank","start":5974.796,"end":5975.198},{"text":"you","start":5975.198,"end":5975.599},{"text":"again","start":5975.599,"end":5976.001},{"text":"for","start":5976.001,"end":5976.403},{"text":"the","start":5976.403,"end":5976.804},{"text":"opportunity.","start":5976.804,"end":5977.206}]},{"text":"It was an honor to be with this 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now briefly pause the meeting to allow for the podium to be reached, to be rearranged, and then we will soon start the next 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you so much.","start":6131.122,"end":6139.138,"topics":[],"words":[{"text":"Thank","start":6131.122,"end":6133.126},{"text":"you","start":6133.126,"end":6135.13},{"text":"so","start":6135.13,"end":6137.134},{"text":"much.","start":6137.134,"end":6139.138}]},{"text":"Excellencies, distinguished delegates, the forum will now hold a panel discussion on strengthening sustainable business and finance for development 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am pleased to welcome our distinguished presenters for this discussion.","start":6179.219,"end":6201.263,"topics":[],"words":[{"text":"I","start":6179.219,"end":6181.223},{"text":"am","start":6181.223,"end":6183.227},{"text":"pleased","start":6183.227,"end":6185.231},{"text":"to","start":6185.231,"end":6187.235},{"text":"welcome","start":6187.235,"end":6189.239},{"text":"our","start":6189.239,"end":6191.243},{"text":"distinguished","start":6191.243,"end":6193.247},{"text":"presenters","start":6193.247,"end":6195.251},{"text":"for","start":6195.251,"end":6197.255},{"text":"this","start":6197.255,"end":6199.259},{"text":"discussion.","start":6199.259,"end":6201.263}]},{"text":"I also welcome our Moderator, Mr. Namdi Igbokwe, Director of SRI Blended Finance at Columbia University, who will conduct this 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look forward to a very open, very constructive and very productive, extensive views.","start":6243.347,"end":6271.404,"topics":[],"words":[{"text":"I","start":6243.347,"end":6245.351},{"text":"look","start":6245.351,"end":6247.355},{"text":"forward","start":6247.355,"end":6249.359},{"text":"to","start":6249.359,"end":6251.364},{"text":"a","start":6251.364,"end":6253.368},{"text":"very","start":6253.368,"end":6255.372},{"text":"open,","start":6255.372,"end":6257.376},{"text":"very","start":6257.376,"end":6259.38},{"text":"constructive","start":6259.38,"end":6261.384},{"text":"and","start":6261.384,"end":6263.388},{"text":"very","start":6263.388,"end":6265.392},{"text":"productive,","start":6265.392,"end":6267.396},{"text":"extensive","start":6267.396,"end":6269.4},{"text":"views.","start":6269.4,"end":6271.404}]},{"text":"So, Mr. Nammang D. You have the floor now.","start":6271.404,"end":6289.44,"topics":[],"words":[{"text":"So,","start":6271.404,"end":6273.408},{"text":"Mr.","start":6273.408,"end":6275.412},{"text":"Nammang","start":6275.412,"end":6277.416},{"text":"D.","start":6277.416,"end":6279.42},{"text":"You","start":6279.42,"end":6281.424},{"text":"have","start":6281.424,"end":6283.428},{"text":"the","start":6283.428,"end":6285.432},{"text":"floor","start":6285.432,"end":6287.436},{"text":"now.","start":6287.436,"end":6289.44}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":80,"start":6291.44,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=6292","paragraphs":[{"sentences":[{"text":"Thank you very 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impact.","start":6296.133,"end":6302.391,"topics":[],"words":[{"text":"It's","start":6296.133,"end":6296.524},{"text":"a","start":6296.524,"end":6296.915},{"text":"privilege","start":6296.915,"end":6297.307},{"text":"to","start":6297.307,"end":6297.698},{"text":"moderate","start":6297.698,"end":6298.089},{"text":"this","start":6298.089,"end":6298.48},{"text":"session","start":6298.48,"end":6298.871},{"text":"on","start":6298.871,"end":6299.262},{"text":"strengthening","start":6299.262,"end":6299.653},{"text":"sustainable","start":6299.653,"end":6300.044},{"text":"business","start":6300.044,"end":6300.435},{"text":"and","start":6300.435,"end":6300.826},{"text":"finance","start":6300.826,"end":6301.218},{"text":"for","start":6301.218,"end":6301.609},{"text":"development","start":6301.609,"end":6302},{"text":"impact.","start":6302,"end":6302.391}]},{"text":"I'm Dr. Namdi Bokwe, Director of Blended Finance at Sustainable Investing Research Initiative at Columbia 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the heart of our discussion is a real policy paradox.","start":6321.164,"end":6325.466,"topics":[],"words":[{"text":"At","start":6321.164,"end":6321.555},{"text":"the","start":6321.555,"end":6321.946},{"text":"heart","start":6321.946,"end":6322.337},{"text":"of","start":6322.337,"end":6322.728},{"text":"our","start":6322.728,"end":6323.119},{"text":"discussion","start":6323.119,"end":6323.51},{"text":"is","start":6323.51,"end":6323.901},{"text":"a","start":6323.901,"end":6324.292},{"text":"real","start":6324.292,"end":6324.684},{"text":"policy","start":6324.684,"end":6325.075},{"text":"paradox.","start":6325.075,"end":6325.466}]},{"text":"In recent years, we've seen a rapid expansion of sustainable finance standards, disclosure frameworks and related regulatory measures.","start":6325.466,"end":6332.506,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, 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Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."}],"words":[{"text":"It","start":6467.044,"end":6467.435},{"text":"includes","start":6467.435,"end":6467.826},{"text":"taxonomy,","start":6467.826,"end":6468.217},{"text":"transition","start":6468.217,"end":6468.608},{"text":"and","start":6468.608,"end":6469},{"text":"planning","start":6469,"end":6469.391},{"text":"and","start":6469.391,"end":6469.782},{"text":"the","start":6469.782,"end":6470.173},{"text":"broader","start":6470.173,"end":6470.564},{"text":"market","start":6470.564,"end":6470.955},{"text":"incentives","start":6470.955,"end":6471.346},{"text":"that","start":6471.346,"end":6471.737},{"text":"shape","start":6471.737,"end":6472.128},{"text":"how","start":6472.128,"end":6472.519},{"text":"capital","start":6472.519,"end":6472.911},{"text":"is","start":6472.911,"end":6473.302},{"text":"allocated.","start":6473.302,"end":6473.693}]},{"text":"That, in many ways is the central challenge for us today.","start":6473.693,"end":6477.995,"topics":[],"words":[{"text":"That,","start":6473.693,"end":6474.084},{"text":"in","start":6474.084,"end":6474.475},{"text":"many","start":6474.475,"end":6474.866},{"text":"ways","start":6474.866,"end":6475.257},{"text":"is","start":6475.257,"end":6475.648},{"text":"the","start":6475.648,"end":6476.039},{"text":"central","start":6476.039,"end":6476.43},{"text":"challenge","start":6476.43,"end":6476.822},{"text":"for","start":6476.822,"end":6477.213},{"text":"us","start":6477.213,"end":6477.604},{"text":"today.","start":6477.604,"end":6477.995}]},{"text":"So our discussion will focus on four linked issues.","start":6477.995,"end":6481.515,"topics":[],"words":[{"text":"So","start":6477.995,"end":6478.386},{"text":"our","start":6478.386,"end":6478.777},{"text":"discussion","start":6478.777,"end":6479.168},{"text":"will","start":6479.168,"end":6479.559},{"text":"focus","start":6479.559,"end":6479.95},{"text":"on","start":6479.95,"end":6480.341},{"text":"four","start":6480.341,"end":6480.733},{"text":"linked","start":6480.733,"end":6481.124},{"text":"issues.","start":6481.124,"end":6481.515}]},{"text":"First, credibility.","start":6481.515,"end":6482.297,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. Speakers examined how coherent, credible, and usable standards can improve transparency, reduce fragmentation, and help direct capital toward measurable development outcomes."}],"words":[{"text":"First,","start":6481.515,"end":6481.906},{"text":"credibility.","start":6481.906,"end":6482.297}]},{"text":"Where can standards and regulatory measures set clearer expectations for business responsibility, particularly in the context of political headwinds?","start":6482.297,"end":6489.728,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"Where","start":6482.297,"end":6482.688},{"text":"can","start":6482.688,"end":6483.079},{"text":"standards","start":6483.079,"end":6483.47},{"text":"and","start":6483.47,"end":6483.861},{"text":"regulatory","start":6483.861,"end":6484.252},{"text":"measures","start":6484.252,"end":6484.644},{"text":"set","start":6484.644,"end":6485.035},{"text":"clearer","start":6485.035,"end":6485.426},{"text":"expectations","start":6485.426,"end":6485.817},{"text":"for","start":6485.817,"end":6486.208},{"text":"business","start":6486.208,"end":6486.599},{"text":"responsibility,","start":6486.599,"end":6486.99},{"text":"particularly","start":6486.99,"end":6487.381},{"text":"in","start":6487.381,"end":6487.772},{"text":"the","start":6487.772,"end":6488.163},{"text":"context","start":6488.163,"end":6488.555},{"text":"of","start":6488.555,"end":6488.946},{"text":"political","start":6488.946,"end":6489.337},{"text":"headwinds?","start":6489.337,"end":6489.728}]},{"text":"Second, interoperability.","start":6489.728,"end":6490.51,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"Third,","start":6495.985,"end":6496.377},{"text":"country","start":6496.377,"end":6496.768},{"text":"level","start":6496.768,"end":6497.159},{"text":"implementation.","start":6497.159,"end":6497.55}]},{"text":"How can capacity building help ensure that sustainable finance frameworks are not only technically sound, but actually deliver measurable development outcomes?","start":6497.55,"end":6505.763,"topics":[{"key":"country-ownership-capacity","label":"Country Ownership and Capacity Building","description":"Many speakers stressed that reforms and financing solutions must be country-led and grounded in national development strategies. 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Speakers examined how coherent, credible, and usable standards can improve transparency, reduce fragmentation, and help direct capital toward measurable development outcomes."}],"words":[{"text":"How","start":6497.55,"end":6497.941},{"text":"can","start":6497.941,"end":6498.332},{"text":"capacity","start":6498.332,"end":6498.723},{"text":"building","start":6498.723,"end":6499.114},{"text":"help","start":6499.114,"end":6499.505},{"text":"ensure","start":6499.505,"end":6499.896},{"text":"that","start":6499.896,"end":6500.288},{"text":"sustainable","start":6500.288,"end":6500.679},{"text":"finance","start":6500.679,"end":6501.07},{"text":"frameworks","start":6501.07,"end":6501.461},{"text":"are","start":6501.461,"end":6501.852},{"text":"not","start":6501.852,"end":6502.243},{"text":"only","start":6502.243,"end":6502.634},{"text":"technically","start":6502.634,"end":6503.025},{"text":"sound,","start":6503.025,"end":6503.416},{"text":"but","start":6503.416,"end":6503.807},{"text":"actually","start":6503.807,"end":6504.199},{"text":"deliver","start":6504.199,"end":6504.59},{"text":"measurable","start":6504.59,"end":6504.981},{"text":"development","start":6504.981,"end":6505.372},{"text":"outcomes?","start":6505.372,"end":6505.763}]},{"text":"And fourth, the practical role the SBA initiative on paragraph 34 can play in moving this agenda forward.","start":6505.763,"end":6512.803,"topics":[{"key":"enabling-environment","label":"Enabling Policy and Regulatory Environment","description":"A recurring theme was the need for predictable policy frameworks, credible regulation, legal protections, and stable institutions to attract investment. Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."},{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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investment practice, banking and financial institutions, country implementations, disclosure and reporting, and global standards setting.","start":6512.803,"end":6523.754,"topics":[],"words":[{"text":"We","start":6512.803,"end":6513.194},{"text":"are","start":6513.194,"end":6513.585},{"text":"fortunate","start":6513.585,"end":6513.976},{"text":"enough","start":6513.976,"end":6514.367},{"text":"today","start":6514.367,"end":6514.758},{"text":"to","start":6514.758,"end":6515.149},{"text":"have","start":6515.149,"end":6515.54},{"text":"a","start":6515.54,"end":6515.932},{"text":"distinguished","start":6515.932,"end":6516.323},{"text":"panel","start":6516.323,"end":6516.714},{"text":"bringing","start":6516.714,"end":6517.105},{"text":"perspectives","start":6517.105,"end":6517.496},{"text":"from","start":6517.496,"end":6517.887},{"text":"investment","start":6517.887,"end":6518.278},{"text":"practice,","start":6518.278,"end":6518.669},{"text":"banking","start":6518.669,"end":6519.06},{"text":"and","start":6519.06,"end":6519.451},{"text":"financial","start":6519.451,"end":6519.843},{"text":"institutions,","start":6519.843,"end":6520.234},{"text":"country","start":6520.234,"end":6520.625},{"text":"implementations,","start":6520.625,"end":6521.016},{"text":"disclosure","start":6521.016,"end":6521.407},{"text":"and","start":6521.407,"end":6521.798},{"text":"reporting,","start":6521.798,"end":6522.189},{"text":"and","start":6522.189,"end":6522.58},{"text":"global","start":6522.58,"end":6522.971},{"text":"standards","start":6522.971,"end":6523.362},{"text":"setting.","start":6523.362,"end":6523.754}]},{"text":"I will introduce each speaker briefly as I turn to them and encourage all speakers to be as concise, concrete and action oriented as 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with that, let's get started.","start":6533.531,"end":6535.878,"topics":[],"words":[{"text":"And","start":6533.531,"end":6533.922},{"text":"with","start":6533.922,"end":6534.313},{"text":"that,","start":6534.313,"end":6534.704},{"text":"let's","start":6534.704,"end":6535.095},{"text":"get","start":6535.095,"end":6535.487},{"text":"started.","start":6535.487,"end":6535.878}]},{"text":"Our first panelist is Ms. Amanda Feldman, managing Director and Head of Impact Engagement at Sonan Capital, with a deep experience in impact investing, impact management and global work on harmonization and 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Feldman, let me begin with you and the investor perspective.","start":6548.784,"end":6553.086,"topics":[],"words":[{"text":"Ms.","start":6548.784,"end":6549.175},{"text":"Feldman,","start":6549.175,"end":6549.566},{"text":"let","start":6549.566,"end":6549.957},{"text":"me","start":6549.957,"end":6550.348},{"text":"begin","start":6550.348,"end":6550.739},{"text":"with","start":6550.739,"end":6551.131},{"text":"you","start":6551.131,"end":6551.522},{"text":"and","start":6551.522,"end":6551.913},{"text":"the","start":6551.913,"end":6552.304},{"text":"investor","start":6552.304,"end":6552.695},{"text":"perspective.","start":6552.695,"end":6553.086}]},{"text":"Where are you seeing real investor appetite for sustainable finance despite the backlash in some markets?","start":6553.086,"end":6559.344,"topics":[],"words":[{"text":"Where","start":6553.086,"end":6553.477},{"text":"are","start":6553.477,"end":6553.868},{"text":"you","start":6553.868,"end":6554.259},{"text":"seeing","start":6554.259,"end":6554.65},{"text":"real","start":6554.65,"end":6555.042},{"text":"investor","start":6555.042,"end":6555.433},{"text":"appetite","start":6555.433,"end":6555.824},{"text":"for","start":6555.824,"end":6556.215},{"text":"sustainable","start":6556.215,"end":6556.606},{"text":"finance","start":6556.606,"end":6556.997},{"text":"despite","start":6556.997,"end":6557.388},{"text":"the","start":6557.388,"end":6557.779},{"text":"backlash","start":6557.779,"end":6558.17},{"text":"in","start":6558.17,"end":6558.561},{"text":"some","start":6558.561,"end":6558.953},{"text":"markets?","start":6558.953,"end":6559.344}]},{"text":"Has that backlash materially changed investment behavior, or is it still more rhetoric than reality?","start":6559.344,"end":6565.21,"topics":[],"words":[{"text":"Has","start":6559.344,"end":6559.735},{"text":"that","start":6559.735,"end":6560.126},{"text":"backlash","start":6560.126,"end":6560.517},{"text":"materially","start":6560.517,"end":6560.908},{"text":"changed","start":6560.908,"end":6561.299},{"text":"investment","start":6561.299,"end":6561.69},{"text":"behavior,","start":6561.69,"end":6562.081},{"text":"or","start":6562.081,"end":6562.472},{"text":"is","start":6562.472,"end":6562.864},{"text":"it","start":6562.864,"end":6563.255},{"text":"still","start":6563.255,"end":6563.646},{"text":"more","start":6563.646,"end":6564.037},{"text":"rhetoric","start":6564.037,"end":6564.428},{"text":"than","start":6564.428,"end":6564.819},{"text":"reality?","start":6564.819,"end":6565.21}]},{"text":"And along with that which policy and regulatory signals give long term investors the confidence to stay engaged?","start":6565.21,"end":6572.25,"topics":[{"key":"enabling-environment","label":"Enabling Policy and Regulatory Environment","description":"A recurring theme was the need for predictable policy frameworks, credible regulation, legal protections, and stable institutions to attract investment. 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Usher, what trends are you observing on the banking side, including banks?","start":6929.088,"end":6933.312,"topics":[],"words":[{"text":"Mr.","start":6929.088,"end":6929.413},{"text":"Usher,","start":6929.413,"end":6929.738},{"text":"what","start":6929.738,"end":6930.063},{"text":"trends","start":6930.063,"end":6930.388},{"text":"are","start":6930.388,"end":6930.713},{"text":"you","start":6930.713,"end":6931.038},{"text":"observing","start":6931.038,"end":6931.363},{"text":"on","start":6931.363,"end":6931.687},{"text":"the","start":6931.687,"end":6932.012},{"text":"banking","start":6932.012,"end":6932.337},{"text":"side,","start":6932.337,"end":6932.662},{"text":"including","start":6932.662,"end":6932.987},{"text":"banks?","start":6932.987,"end":6933.312}]},{"text":"Adherence to principles for responsible 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this phased approach is case in point.","start":7644.47,"end":7647.108,"topics":[],"words":[{"text":"And","start":7644.47,"end":7644.8},{"text":"this","start":7644.8,"end":7645.13},{"text":"phased","start":7645.13,"end":7645.46},{"text":"approach","start":7645.46,"end":7645.789},{"text":"is","start":7645.789,"end":7646.119},{"text":"case","start":7646.119,"end":7646.449},{"text":"in","start":7646.449,"end":7646.778},{"text":"point.","start":7646.778,"end":7647.108}]},{"text":"Let me Turn now to Mr. Marcos Mancini, Senior Sustainable Finance Advisor at UNDP.","start":7647.108,"end":7651.723,"topics":[],"words":[{"text":"Let","start":7647.108,"end":7647.438},{"text":"me","start":7647.438,"end":7647.767},{"text":"Turn","start":7647.767,"end":7648.097},{"text":"now","start":7648.097,"end":7648.427},{"text":"to","start":7648.427,"end":7648.756},{"text":"Mr.","start":7648.756,"end":7649.086},{"text":"Marcos","start":7649.086,"end":7649.416},{"text":"Mancini,","start":7649.416,"end":7649.745},{"text":"Senior","start":7649.745,"end":7650.075},{"text":"Sustainable","start":7650.075,"end":7650.405},{"text":"Finance","start":7650.405,"end":7650.734},{"text":"Advisor","start":7650.734,"end":7651.064},{"text":"at","start":7651.064,"end":7651.394},{"text":"UNDP.","start":7651.394,"end":7651.723}]},{"text":"Mr. Mancini, similar question for you.","start":7651.723,"end":7653.702,"topics":[],"words":[{"text":"Mr.","start":7651.723,"end":7652.053},{"text":"Mancini,","start":7652.053,"end":7652.383},{"text":"similar","start":7652.383,"end":7652.713},{"text":"question","start":7652.713,"end":7653.042},{"text":"for","start":7653.042,"end":7653.372},{"text":"you.","start":7653.372,"end":7653.702}]},{"text":"What does it take for sustainable finance to work in practice on the country 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regard?","start":7658.647,"end":7664.581,"topics":[],"words":[{"text":"And","start":7658.647,"end":7658.977},{"text":"what","start":7658.977,"end":7659.306},{"text":"is","start":7659.306,"end":7659.636},{"text":"UNDP","start":7659.636,"end":7659.966},{"text":"and","start":7659.966,"end":7660.295},{"text":"more","start":7660.295,"end":7660.625},{"text":"broadly","start":7660.625,"end":7660.955},{"text":"the","start":7660.955,"end":7661.284},{"text":"UN","start":7661.284,"end":7661.614},{"text":"system","start":7661.614,"end":7661.944},{"text":"doing","start":7661.944,"end":7662.273},{"text":"to","start":7662.273,"end":7662.603},{"text":"help","start":7662.603,"end":7662.933},{"text":"Member","start":7662.933,"end":7663.262},{"text":"States","start":7663.262,"end":7663.592},{"text":"in","start":7663.592,"end":7663.922},{"text":"this","start":7663.922,"end":7664.251},{"text":"regard?","start":7664.251,"end":7664.581}]},{"text":"In addition, where and how can the voluntary principles be 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very important elements to keep in mind.","start":8029.939,"end":8032.678,"topics":[],"words":[{"text":"All","start":8029.939,"end":8030.282},{"text":"very","start":8030.282,"end":8030.624},{"text":"important","start":8030.624,"end":8030.966},{"text":"elements","start":8030.966,"end":8031.309},{"text":"to","start":8031.309,"end":8031.651},{"text":"keep","start":8031.651,"end":8031.993},{"text":"in","start":8031.993,"end":8032.336},{"text":"mind.","start":8032.336,"end":8032.678}]},{"text":"And brings us to a related issue that even with strong implementation support frameworks don't deliver if the underlying information is not 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the word credible or decision useful.","start":8040.552,"end":8042.948,"topics":[],"words":[{"text":"Again,","start":8040.552,"end":8040.894},{"text":"the","start":8040.894,"end":8041.236},{"text":"word","start":8041.236,"end":8041.579},{"text":"credible","start":8041.579,"end":8041.921},{"text":"or","start":8041.921,"end":8042.263},{"text":"decision","start":8042.263,"end":8042.606},{"text":"useful.","start":8042.606,"end":8042.948}]},{"text":"So let me now turn to Dr. Ede Idas Vasquez, a member of the Global Reporting Initiative Supervisory Board and a former World Bank Regional Director with deep experience across sustainable development, finance, infrastructure and 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Idas Vasquez, what would make sustainability?","start":8055.272,"end":8057.669,"topics":[],"words":[{"text":"Dr.","start":8055.272,"end":8055.615},{"text":"Idas","start":8055.615,"end":8055.957},{"text":"Vasquez,","start":8055.957,"end":8056.299},{"text":"what","start":8056.299,"end":8056.642},{"text":"would","start":8056.642,"end":8056.984},{"text":"make","start":8056.984,"end":8057.326},{"text":"sustainability?","start":8057.326,"end":8057.669}]},{"text":"The score is generally more credible, more comparable and useful for decision making, especially if the aim is to improve development outcomes as well as transparency.","start":8057.669,"end":8066.569,"topics":[],"words":[{"text":"The","start":8057.669,"end":8058.011},{"text":"score","start":8058.011,"end":8058.353},{"text":"is","start":8058.353,"end":8058.696},{"text":"generally","start":8058.696,"end":8059.038},{"text":"more","start":8059.038,"end":8059.38},{"text":"credible,","start":8059.38,"end":8059.723},{"text":"more","start":8059.723,"end":8060.065},{"text":"comparable","start":8060.065,"end":8060.407},{"text":"and","start":8060.407,"end":8060.75},{"text":"useful","start":8060.75,"end":8061.092},{"text":"for","start":8061.092,"end":8061.434},{"text":"decision","start":8061.434,"end":8061.777},{"text":"making,","start":8061.777,"end":8062.119},{"text":"especially","start":8062.119,"end":8062.461},{"text":"if","start":8062.461,"end":8062.804},{"text":"the","start":8062.804,"end":8063.146},{"text":"aim","start":8063.146,"end":8063.488},{"text":"is","start":8063.488,"end":8063.831},{"text":"to","start":8063.831,"end":8064.173},{"text":"improve","start":8064.173,"end":8064.515},{"text":"development","start":8064.515,"end":8064.858},{"text":"outcomes","start":8064.858,"end":8065.2},{"text":"as","start":8065.2,"end":8065.542},{"text":"well","start":8065.542,"end":8065.885},{"text":"as","start":8065.885,"end":8066.227},{"text":"transparency.","start":8066.227,"end":8066.569}]},{"text":"And we heard this phrase, double materiality.","start":8066.569,"end":8068.966,"topics":[],"words":[{"text":"And","start":8066.569,"end":8066.912},{"text":"we","start":8066.912,"end":8067.254},{"text":"heard","start":8067.254,"end":8067.596},{"text":"this","start":8067.596,"end":8067.939},{"text":"phrase,","start":8067.939,"end":8068.281},{"text":"double","start":8068.281,"end":8068.623},{"text":"materiality.","start":8068.623,"end":8068.966}]},{"text":"I'd like to dig into that a bit more.","start":8068.966,"end":8072.047,"topics":[],"words":[{"text":"I'd","start":8068.966,"end":8069.308},{"text":"like","start":8069.308,"end":8069.65},{"text":"to","start":8069.65,"end":8069.993},{"text":"dig","start":8069.993,"end":8070.335},{"text":"into","start":8070.335,"end":8070.677},{"text":"that","start":8070.677,"end":8071.02},{"text":"a","start":8071.02,"end":8071.362},{"text":"bit","start":8071.362,"end":8071.704},{"text":"more.","start":8071.704,"end":8072.047}]},{"text":"Double materiality means basically capturing both how the companies impact people, planet and the economy and how sustainability issues affect the company's financial prospect.","start":8072.047,"end":8080.263,"topics":[],"words":[{"text":"Double","start":8072.047,"end":8072.389},{"text":"materiality","start":8072.389,"end":8072.731},{"text":"means","start":8072.731,"end":8073.074},{"text":"basically","start":8073.074,"end":8073.416},{"text":"capturing","start":8073.416,"end":8073.758},{"text":"both","start":8073.758,"end":8074.101},{"text":"how","start":8074.101,"end":8074.443},{"text":"the","start":8074.443,"end":8074.785},{"text":"companies","start":8074.785,"end":8075.128},{"text":"impact","start":8075.128,"end":8075.47},{"text":"people,","start":8075.47,"end":8075.812},{"text":"planet","start":8075.812,"end":8076.155},{"text":"and","start":8076.155,"end":8076.497},{"text":"the","start":8076.497,"end":8076.839},{"text":"economy","start":8076.839,"end":8077.182},{"text":"and","start":8077.182,"end":8077.524},{"text":"how","start":8077.524,"end":8077.866},{"text":"sustainability","start":8077.866,"end":8078.209},{"text":"issues","start":8078.209,"end":8078.551},{"text":"affect","start":8078.551,"end":8078.893},{"text":"the","start":8078.893,"end":8079.236},{"text":"company's","start":8079.236,"end":8079.578},{"text":"financial","start":8079.578,"end":8079.92},{"text":"prospect.","start":8079.92,"end":8080.263}]},{"text":"What does that actually look like in practice for companies and investors operating across different jurisdictions?","start":8080.263,"end":8085.74,"topics":[],"words":[{"text":"What","start":8080.263,"end":8080.605},{"text":"does","start":8080.605,"end":8080.947},{"text":"that","start":8080.947,"end":8081.29},{"text":"actually","start":8081.29,"end":8081.632},{"text":"look","start":8081.632,"end":8081.974},{"text":"like","start":8081.974,"end":8082.317},{"text":"in","start":8082.317,"end":8082.659},{"text":"practice","start":8082.659,"end":8083.001},{"text":"for","start":8083.001,"end":8083.344},{"text":"companies","start":8083.344,"end":8083.686},{"text":"and","start":8083.686,"end":8084.028},{"text":"investors","start":8084.028,"end":8084.371},{"text":"operating","start":8084.371,"end":8084.713},{"text":"across","start":8084.713,"end":8085.055},{"text":"different","start":8085.055,"end":8085.398},{"text":"jurisdictions?","start":8085.398,"end":8085.74}]}]}],"speaker":{"name":"Namdi Igbokwe","affiliation":"Columbia University","affiliation_full":"Columbia University","group":null,"function":"Moderator"}},{"statement_number":89,"start":8086.53,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=8087","paragraphs":[{"sentences":[{"text":"Thank you so much, Mr. Moderator.","start":8086.53,"end":8088.942,"topics":[],"words":[{"text":"Thank","start":8086.53,"end":8086.932},{"text":"you","start":8086.932,"end":8087.334},{"text":"so","start":8087.334,"end":8087.736},{"text":"much,","start":8087.736,"end":8088.138},{"text":"Mr.","start":8088.138,"end":8088.54},{"text":"Moderator.","start":8088.54,"end":8088.942}]},{"text":"Your Excellencies, distinguished delegates and colleagues, it is an honor for me to be here to discuss how sustainable management and reporting system and standards can lead to sustainable business and finance for development impact.","start":8088.942,"end":8103.013,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and 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how is interoperability achieved in practice, particularly within frameworks such as GRI when operating in jurisdictions where these standards are already in 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would like to invite Ms. Rose Omamo to take the floor and I kindly ask that you stay within the allotted 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Kenya, for example, we have seen a lot of investment in the digital economy which is growing more and more driven by advances in information and communication technologies and an increased access to Internet connectivity.","start":9117.671,"end":9135.413,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."},{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. Speakers discussed how these instruments can improve risk-return profiles, especially for infrastructure, climate, and SME financing in vulnerable markets."}],"words":[{"text":"This","start":9623.124,"end":9623.625},{"text":"integrated","start":9623.625,"end":9624.126},{"text":"approach","start":9624.126,"end":9624.627},{"text":"helps","start":9624.627,"end":9625.128},{"text":"create","start":9625.128,"end":9625.629},{"text":"an","start":9625.629,"end":9626.13},{"text":"enabling","start":9626.13,"end":9626.631},{"text":"environment","start":9626.631,"end":9627.132},{"text":"and","start":9627.132,"end":9627.633},{"text":"identifying","start":9627.633,"end":9628.134},{"text":"risk","start":9628.134,"end":9628.635},{"text":"and","start":9628.635,"end":9629.136},{"text":"opportunities.","start":9629.136,"end":9629.637}]},{"text":"Ultimately, prosperity is about people, sustainable infrastructure, strong institutions and human capital.","start":9629.637,"end":9635.65,"topics":[{"key":"country-ownership-capacity","label":"Country Ownership and Capacity Building","description":"Many speakers stressed that reforms and financing solutions must be country-led and grounded in national development strategies. 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The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."}],"words":[{"text":"Investment","start":9635.65,"end":9636.151},{"text":"must","start":9636.151,"end":9636.652},{"text":"therefore","start":9636.652,"end":9637.153},{"text":"advance","start":9637.153,"end":9637.654},{"text":"together","start":9637.654,"end":9638.155},{"text":"to","start":9638.155,"end":9638.656},{"text":"enable","start":9638.656,"end":9639.157},{"text":"sustainable","start":9639.157,"end":9639.658},{"text":"growth,","start":9639.658,"end":9640.159},{"text":"resilient","start":9640.159,"end":9640.661},{"text":"and","start":9640.661,"end":9641.162},{"text":"secure","start":9641.162,"end":9641.663},{"text":"societies","start":9641.663,"end":9642.164},{"text":"and","start":9642.164,"end":9642.665},{"text":"lasting","start":9642.665,"end":9643.166},{"text":"impact.","start":9643.166,"end":9643.667}]},{"text":"I thank you.","start":9643.667,"end":9645.17,"topics":[],"words":[{"text":"I","start":9643.667,"end":9644.168},{"text":"thank","start":9644.168,"end":9644.669},{"text":"you.","start":9644.669,"end":9645.17}]}]}],"speaker":{"name":"Belgium","affiliation":"BEL","affiliation_full":"Belgium","group":null,"function":"Representative"}},{"statement_number":102,"start":9646.13,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=9647","paragraphs":[{"sentences":[{"text":"I thank the distinguished representative of Belgium.","start":9646.13,"end":9649.264,"topics":[],"words":[{"text":"I","start":9646.13,"end":9646.578},{"text":"thank","start":9646.578,"end":9647.025},{"text":"the","start":9647.025,"end":9647.473},{"text":"distinguished","start":9647.473,"end":9647.921},{"text":"representative","start":9647.921,"end":9648.369},{"text":"of","start":9648.369,"end":9648.816},{"text":"Belgium.","start":9648.816,"end":9649.264}]},{"text":"Now I give the floor to the distinguished representative of Indonesia.","start":9649.264,"end":9654.189,"topics":[],"words":[{"text":"Now","start":9649.264,"end":9649.712},{"text":"I","start":9649.712,"end":9650.16},{"text":"give","start":9650.16,"end":9650.607},{"text":"the","start":9650.607,"end":9651.055},{"text":"floor","start":9651.055,"end":9651.503},{"text":"to","start":9651.503,"end":9651.95},{"text":"the","start":9651.95,"end":9652.398},{"text":"distinguished","start":9652.398,"end":9652.846},{"text":"representative","start":9652.846,"end":9653.294},{"text":"of","start":9653.294,"end":9653.741},{"text":"Indonesia.","start":9653.741,"end":9654.189}]},{"text":"Thank you, Mr. President.","start":9654.189,"end":9655.98,"topics":[],"words":[{"text":"Thank","start":9654.189,"end":9654.637},{"text":"you,","start":9654.637,"end":9655.085},{"text":"Mr.","start":9655.085,"end":9655.532},{"text":"President.","start":9655.532,"end":9655.98}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":103,"start":9656.78,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=9657","paragraphs":[{"sentences":[{"text":"Indonesia aligned with the Sevilla commitment and fuels the urgency of aligning global capital with sustainable development priorities.","start":9656.78,"end":9665.679,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."},{"key":"country-ownership-capacity","label":"Country Ownership and Capacity Building","description":"Many speakers stressed that reforms and financing solutions must be country-led and grounded in national development strategies. 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Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."},{"key":"sme-access-finance","label":"SME Access to Finance","description":"Multiple speakers emphasized the persistent financing gap facing small and medium-sized enterprises, including the ‘missing middle.’ Proposed solutions included credit guarantees, banking reforms, digital finance, local financial intermediaries, and targeted public support to make financing more accessible and affordable."},{"key":"country-ownership-capacity","label":"Country Ownership and Capacity Building","description":"Many speakers stressed that reforms and financing solutions must be country-led and grounded in national development strategies. 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Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."}],"words":[{"text":"investment","start":9725.87,"end":9726.413},{"text":"supported","start":9726.413,"end":9726.955},{"text":"by","start":9726.955,"end":9727.498},{"text":"robust","start":9727.498,"end":9728.041},{"text":"data,","start":9728.041,"end":9728.583},{"text":"interoperability","start":9728.583,"end":9729.126},{"text":"and","start":9729.126,"end":9729.669},{"text":"performance","start":9729.669,"end":9730.211},{"text":"monitoring.","start":9730.211,"end":9730.754}]},{"text":"Third, support the Sevilla Platform for Action as an important platform for harmonizing voluntary standards and clarifying business responsibilities.","start":9730.754,"end":9741.065,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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challenge is not the lack of capital.","start":9805.161,"end":9808.702,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Speakers discussed how these instruments can improve risk-return profiles, especially for infrastructure, climate, and SME financing in vulnerable markets."}],"words":[{"text":"Current","start":9852.521,"end":9852.963},{"text":"models","start":9852.963,"end":9853.406},{"text":"rely","start":9853.406,"end":9853.849},{"text":"on","start":9853.849,"end":9854.291},{"text":"risk","start":9854.291,"end":9854.734},{"text":"assessments,","start":9854.734,"end":9855.176},{"text":"collateral","start":9855.176,"end":9855.619},{"text":"and","start":9855.619,"end":9856.062},{"text":"credit","start":9856.062,"end":9856.504},{"text":"histories","start":9856.504,"end":9856.947},{"text":"that","start":9856.947,"end":9857.389},{"text":"exclude","start":9857.389,"end":9857.832},{"text":"young","start":9857.832,"end":9858.275},{"text":"people","start":9858.275,"end":9858.717},{"text":"from","start":9858.717,"end":9859.16},{"text":"accessing","start":9859.16,"end":9859.603},{"text":"capital.","start":9859.603,"end":9860.045}]},{"text":"If sustainable finance is to deliver meaningful development impact, these structural barriers must be addressed not only in capital allocation, but also in how performance and impact are measured and disclosed.","start":9860.045,"end":9873.766,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."},{"key":"sme-access-finance","label":"SME Access to Finance","description":"Multiple speakers emphasized the persistent financing gap facing small and medium-sized enterprises, including the ‘missing middle.’ Proposed solutions included credit guarantees, banking reforms, digital finance, local financial intermediaries, and targeted public support to make financing more accessible and affordable."}],"words":[{"text":"First,","start":9876.422,"end":9876.865},{"text":"embed","start":9876.865,"end":9877.307},{"text":"young","start":9877.307,"end":9877.75},{"text":"youth","start":9877.75,"end":9878.193},{"text":"responsive","start":9878.193,"end":9878.635},{"text":"criteria","start":9878.635,"end":9879.078},{"text":"into","start":9879.078,"end":9879.52},{"text":"risk","start":9879.52,"end":9879.963},{"text":"and","start":9879.963,"end":9880.406},{"text":"capital","start":9880.406,"end":9880.848},{"text":"allocation","start":9880.848,"end":9881.291},{"text":"frameworks.","start":9881.291,"end":9881.733}]},{"text":"Second, pair financial access with capacity building, particularly in youth led MSMEs to support resilient enterprise development.","start":9881.733,"end":9889.258,"topics":[{"key":"sme-access-finance","label":"SME Access to Finance","description":"Multiple speakers emphasized the persistent financing gap facing small and medium-sized enterprises, including the ‘missing middle.’ Proposed solutions included credit guarantees, banking reforms, digital finance, local financial intermediaries, and targeted public support to make financing more accessible and affordable."},{"key":"country-ownership-capacity","label":"Country Ownership and Capacity Building","description":"Many speakers stressed that reforms and financing solutions must be country-led and grounded in national development strategies. Capacity building for governments, regulators, financial institutions, and market actors was repeatedly identified as necessary to implement frameworks and turn commitments into results."}],"words":[{"text":"Second,","start":9881.733,"end":9882.176},{"text":"pair","start":9882.176,"end":9882.619},{"text":"financial","start":9882.619,"end":9883.061},{"text":"access","start":9883.061,"end":9883.504},{"text":"with","start":9883.504,"end":9883.947},{"text":"capacity","start":9883.947,"end":9884.389},{"text":"building,","start":9884.389,"end":9884.832},{"text":"particularly","start":9884.832,"end":9885.274},{"text":"in","start":9885.274,"end":9885.717},{"text":"youth","start":9885.717,"end":9886.16},{"text":"led","start":9886.16,"end":9886.602},{"text":"MSMEs","start":9886.602,"end":9887.045},{"text":"to","start":9887.045,"end":9887.487},{"text":"support","start":9887.487,"end":9887.93},{"text":"resilient","start":9887.93,"end":9888.373},{"text":"enterprise","start":9888.373,"end":9888.815},{"text":"development.","start":9888.815,"end":9889.258}]},{"text":"Third, strengthen accountability and disclosures so that impact measurement captures intergenerational equity, decent work and expanded access to finance not only financial returns.","start":9889.258,"end":9899.438,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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Thank you Chair.","start":9920.78,"end":9923.255,"topics":[],"words":[{"text":"the","start":9920.78,"end":9921.275},{"text":"uk.","start":9921.275,"end":9921.77},{"text":"Thank","start":9921.77,"end":9922.265},{"text":"you","start":9922.265,"end":9922.76},{"text":"Chair.","start":9922.76,"end":9923.255}]},{"text":"Sorry.","start":9923.255,"end":9923.75,"topics":[],"words":[{"text":"Sorry.","start":9923.255,"end":9923.75}]},{"text":"The UK strongly agrees with where this discussion has converged.","start":9923.75,"end":9928.7,"topics":[],"words":[{"text":"The","start":9923.75,"end":9924.245},{"text":"UK","start":9924.245,"end":9924.74},{"text":"strongly","start":9924.74,"end":9925.235},{"text":"agrees","start":9925.235,"end":9925.73},{"text":"with","start":9925.73,"end":9926.225},{"text":"where","start":9926.225,"end":9926.72},{"text":"this","start":9926.72,"end":9927.215},{"text":"discussion","start":9927.215,"end":9927.71},{"text":"has","start":9927.71,"end":9928.205},{"text":"converged.","start":9928.205,"end":9928.7}]},{"text":"The issue today is not whether standards, disclosures and frameworks exist.","start":9928.7,"end":9934.146,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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society organizations and trade unions have repeatedly warned against the increasing role of corporate sector in what should be an intergovernmental process meant to address the structural barriers that undermine financing for sustainable 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Campaign.","start":10170.594,"end":10175.17,"topics":[],"words":[{"text":"And","start":10170.594,"end":10170.946},{"text":"now","start":10170.946,"end":10171.298},{"text":"I","start":10171.298,"end":10171.65},{"text":"give","start":10171.65,"end":10172.002},{"text":"the","start":10172.002,"end":10172.354},{"text":"floor","start":10172.354,"end":10172.706},{"text":"to","start":10172.706,"end":10173.058},{"text":"the","start":10173.058,"end":10173.41},{"text":"distinguished","start":10173.41,"end":10173.762},{"text":"representative","start":10173.762,"end":10174.114},{"text":"of","start":10174.114,"end":10174.466},{"text":"Manholf","start":10174.466,"end":10174.818},{"text":"Campaign.","start":10174.818,"end":10175.17}]}]}],"speaker":{"name":null,"affiliation":"ECOSOC FFD Forum","affiliation_full":"ECOSOC FFD Forum","group":null,"function":"Chair"}},{"statement_number":113,"start":10179.26,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=10180","paragraphs":[{"sentences":[{"text":"Hello, my 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Strengthening these systems was presented as essential for channeling funds into the real economy and reaching firms and communities effectively."}],"words":[{"text":"Coordination","start":10386.651,"end":10387.08},{"text":"between","start":10387.08,"end":10387.508},{"text":"governments,","start":10387.508,"end":10387.936},{"text":"financial","start":10387.936,"end":10388.365},{"text":"institutions","start":10388.365,"end":10388.793},{"text":"and","start":10388.793,"end":10389.222},{"text":"private","start":10389.222,"end":10389.65}]}]},{"sentences":[{"text":"investors will will be essential.","start":10389.65,"end":10391.21,"topics":[],"words":[{"text":"investors","start":10389.65,"end":10389.962},{"text":"will","start":10389.962,"end":10390.274},{"text":"will","start":10390.274,"end":10390.586},{"text":"be","start":10390.586,"end":10390.898},{"text":"essential.","start":10390.898,"end":10391.21}]}]},{"sentences":[{"text":"Strengthening institutional capacity and data availability and project preparation facilities can help enhance investment readiness and support more consistent capital deployment and strengthen public private partnerships we thank you.","start":10391.53,"end":10403.61,"topics":[{"key":"project-pipeline-preparation","label":"Project Pipeline and Bankability","description":"Several statements underscored the shortage of well-prepared, bankable projects in developing countries as a major bottleneck. 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will have our experts on the panel give one final reaction based on what you've 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concise.","start":10435.734,"end":10436.911,"topics":[],"words":[{"text":"Any","start":10435.734,"end":10435.97},{"text":"remarks","start":10435.97,"end":10436.205},{"text":"should","start":10436.205,"end":10436.44},{"text":"be","start":10436.44,"end":10436.676},{"text":"concise.","start":10436.676,"end":10436.911}]},{"text":"One minute or less and we will start in the same order in which we began.","start":10436.911,"end":10440.677,"topics":[],"words":[{"text":"One","start":10436.911,"end":10437.146},{"text":"minute","start":10437.146,"end":10437.382},{"text":"or","start":10437.382,"end":10437.617},{"text":"less","start":10437.617,"end":10437.853},{"text":"and","start":10437.853,"end":10438.088},{"text":"we","start":10438.088,"end":10438.323},{"text":"will","start":10438.323,"end":10438.559},{"text":"start","start":10438.559,"end":10438.794},{"text":"in","start":10438.794,"end":10439.029},{"text":"the","start":10439.029,"end":10439.265},{"text":"same","start":10439.265,"end":10439.5},{"text":"order","start":10439.5,"end":10439.736},{"text":"in","start":10439.736,"end":10439.971},{"text":"which","start":10439.971,"end":10440.206},{"text":"we","start":10440.206,"end":10440.442},{"text":"began.","start":10440.442,"end":10440.677}]},{"text":"So I'm speaking.","start":10440.677,"end":10441.383,"topics":[],"words":[{"text":"So","start":10440.677,"end":10440.912},{"text":"I'm","start":10440.912,"end":10441.148},{"text":"speaking.","start":10441.148,"end":10441.383}]},{"text":"Melvin, we'll start with you.","start":10441.383,"end":10442.56,"topics":[],"words":[{"text":"Melvin,","start":10441.383,"end":10441.619},{"text":"we'll","start":10441.619,"end":10441.854},{"text":"start","start":10441.854,"end":10442.089},{"text":"with","start":10442.089,"end":10442.325},{"text":"you.","start":10442.325,"end":10442.56}]}]}],"speaker":{"name":"Namdi Igbokwe","affiliation":"Columbia University","affiliation_full":"Columbia University","group":null,"function":"Moderator"}},{"statement_number":118,"start":10444.4,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=10445","paragraphs":[{"sentences":[{"text":"Thank you and thank you to all for the insightful discussion 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The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."}],"words":[{"text":"I","start":10448.721,"end":10449.081},{"text":"heard","start":10449.081,"end":10449.441},{"text":"two","start":10449.441,"end":10449.801},{"text":"things","start":10449.801,"end":10450.161},{"text":"throughout","start":10450.161,"end":10450.521},{"text":"the","start":10450.521,"end":10450.881},{"text":"discussion","start":10450.881,"end":10451.241},{"text":"that","start":10451.241,"end":10451.601},{"text":"I","start":10451.601,"end":10451.961},{"text":"wanted","start":10451.961,"end":10452.321},{"text":"to","start":10452.321,"end":10452.681},{"text":"bring","start":10452.681,"end":10453.041},{"text":"back","start":10453.041,"end":10453.401},{"text":"together","start":10453.401,"end":10453.761},{"text":"on","start":10453.761,"end":10454.121},{"text":"the","start":10454.121,"end":10454.481},{"text":"role","start":10454.481,"end":10454.842},{"text":"of","start":10454.842,"end":10455.202},{"text":"private","start":10455.202,"end":10455.562},{"text":"capital.","start":10455.562,"end":10455.922}]},{"text":"One we talk about private capital as if it is one thing.","start":10455.922,"end":10460.242,"topics":[],"words":[{"text":"One","start":10455.922,"end":10456.282},{"text":"we","start":10456.282,"end":10456.642},{"text":"talk","start":10456.642,"end":10457.002},{"text":"about","start":10457.002,"end":10457.362},{"text":"private","start":10457.362,"end":10457.722},{"text":"capital","start":10457.722,"end":10458.082},{"text":"as","start":10458.082,"end":10458.442},{"text":"if","start":10458.442,"end":10458.802},{"text":"it","start":10458.802,"end":10459.162},{"text":"is","start":10459.162,"end":10459.522},{"text":"one","start":10459.522,"end":10459.882},{"text":"thing.","start":10459.882,"end":10460.242}]},{"text":"It is not and therefore the focus on the flow of that capital through sustainable development outcomes is critical.","start":10460.242,"end":10467.083,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"It","start":10460.242,"end":10460.602},{"text":"is","start":10460.602,"end":10460.962},{"text":"not","start":10460.962,"end":10461.322},{"text":"and","start":10461.322,"end":10461.682},{"text":"therefore","start":10461.682,"end":10462.043},{"text":"the","start":10462.043,"end":10462.403},{"text":"focus","start":10462.403,"end":10462.763},{"text":"on","start":10462.763,"end":10463.123},{"text":"the","start":10463.123,"end":10463.483},{"text":"flow","start":10463.483,"end":10463.843},{"text":"of","start":10463.843,"end":10464.203},{"text":"that","start":10464.203,"end":10464.563},{"text":"capital","start":10464.563,"end":10464.923},{"text":"through","start":10464.923,"end":10465.283},{"text":"sustainable","start":10465.283,"end":10465.643},{"text":"development","start":10465.643,"end":10466.003},{"text":"outcomes","start":10466.003,"end":10466.363},{"text":"is","start":10466.363,"end":10466.723},{"text":"critical.","start":10466.723,"end":10467.083}]},{"text":"There is a term that I haven't heard used much today called market transformation.","start":10467.083,"end":10472.124,"topics":[{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. 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Delegations stressed that private finance depends on national ownership, regulatory consistency, ease of doing business, and investor confidence."}],"words":[{"text":"I","start":10675.837,"end":10676.186},{"text":"want","start":10676.186,"end":10676.535},{"text":"to","start":10676.535,"end":10676.884},{"text":"emphasize","start":10676.884,"end":10677.233},{"text":"the","start":10677.233,"end":10677.582},{"text":"point","start":10677.582,"end":10677.931},{"text":"that","start":10677.931,"end":10678.281},{"text":"the","start":10678.281,"end":10678.63},{"text":"distinguished","start":10678.63,"end":10678.979},{"text":"representative","start":10678.979,"end":10679.328},{"text":"of","start":10679.328,"end":10679.677},{"text":"Indonesia","start":10679.677,"end":10680.026},{"text":"made","start":10680.026,"end":10680.376},{"text":"on","start":10680.376,"end":10680.725},{"text":"how","start":10680.725,"end":10681.074},{"text":"critical","start":10681.074,"end":10681.423},{"text":"it","start":10681.423,"end":10681.772},{"text":"is","start":10681.772,"end":10682.121},{"text":"for","start":10682.121,"end":10682.47},{"text":"the","start":10682.47,"end":10682.82},{"text":"country","start":10682.82,"end":10683.169},{"text":"led","start":10683.169,"end":10683.518},{"text":"regulations.","start":10683.518,"end":10683.867}]},{"text":"And to highlight the example from Mexico where the emphasis to say, look, the inclusion of vulnerable communities is critical for sustainability disclosure.","start":10683.867,"end":10691.897,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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And finally, Mr. Stewart, thank you.","start":10761.32,"end":10764.68,"topics":[],"words":[{"text":"Thank","start":10761.32,"end":10761.74},{"text":"you.","start":10761.74,"end":10762.16},{"text":"And","start":10762.16,"end":10762.58},{"text":"finally,","start":10762.58,"end":10763},{"text":"Mr.","start":10763,"end":10763.42},{"text":"Stewart,","start":10763.42,"end":10763.84},{"text":"thank","start":10763.84,"end":10764.26},{"text":"you.","start":10764.26,"end":10764.68}]}]}],"speaker":{"name":"Namdi Igbokwe","affiliation":"Columbia University","affiliation_full":"Columbia University","group":null,"function":"Moderator"}},{"statement_number":128,"start":10765.16,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=10766","paragraphs":[{"sentences":[{"text":"As we've heard, there's a groundswell of reporting happening around the world.","start":10765.16,"end":10770.961,"topics":[{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. 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Stewart","affiliation":"IFRS Foundation","affiliation_full":"IFRS Foundation","group":null,"function":"Director"}},{"statement_number":129,"start":10831.45,"pageUrl":"/zh/asset/k1t/k1tqwhbmir?lang=en&t=10832","paragraphs":[{"sentences":[{"text":"Thank you very much, Mr. Stewart.","start":10831.45,"end":10833.396,"topics":[],"words":[{"text":"Thank","start":10831.45,"end":10831.774},{"text":"you","start":10831.774,"end":10832.099},{"text":"very","start":10832.099,"end":10832.423},{"text":"much,","start":10832.423,"end":10832.747},{"text":"Mr.","start":10832.747,"end":10833.072},{"text":"Stewart.","start":10833.072,"end":10833.396}]},{"text":"And thank you to all our panelists.","start":10833.396,"end":10835.667,"topics":[],"words":[{"text":"And","start":10833.396,"end":10833.721},{"text":"thank","start":10833.721,"end":10834.045},{"text":"you","start":10834.045,"end":10834.369},{"text":"to","start":10834.369,"end":10834.694},{"text":"all","start":10834.694,"end":10835.018},{"text":"our","start":10835.018,"end":10835.342},{"text":"panelists.","start":10835.342,"end":10835.667}]},{"text":"So many very rich and insightful perspectives shared here today.","start":10835.667,"end":10838.91,"topics":[],"words":[{"text":"So","start":10835.667,"end":10835.991},{"text":"many","start":10835.991,"end":10836.315},{"text":"very","start":10836.315,"end":10836.64},{"text":"rich","start":10836.64,"end":10836.964},{"text":"and","start":10836.964,"end":10837.288},{"text":"insightful","start":10837.288,"end":10837.613},{"text":"perspectives","start":10837.613,"end":10837.937},{"text":"shared","start":10837.937,"end":10838.262},{"text":"here","start":10838.262,"end":10838.586},{"text":"today.","start":10838.586,"end":10838.91}]},{"text":"I'd like to just end and close with four clear priorities that I've seen that stood out throughout our 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one, stronger credibility.","start":10845.397,"end":10846.695,"topics":[],"words":[{"text":"Number","start":10845.397,"end":10845.722},{"text":"one,","start":10845.722,"end":10846.046},{"text":"stronger","start":10846.046,"end":10846.371},{"text":"credibility.","start":10846.371,"end":10846.695}]},{"text":"Number two, greater interoperability.","start":10846.695,"end":10847.992,"topics":[],"words":[{"text":"Number","start":10846.695,"end":10847.019},{"text":"two,","start":10847.019,"end":10847.344},{"text":"greater","start":10847.344,"end":10847.668},{"text":"interoperability.","start":10847.668,"end":10847.992}]},{"text":"Number three, more practical country level implementation and capacity building.","start":10847.992,"end":10851.236,"topics":[],"words":[{"text":"Number","start":10847.992,"end":10848.317},{"text":"three,","start":10848.317,"end":10848.641},{"text":"more","start":10848.641,"end":10848.965},{"text":"practical","start":10848.965,"end":10849.29},{"text":"country","start":10849.29,"end":10849.614},{"text":"level","start":10849.614,"end":10849.938},{"text":"implementation","start":10849.938,"end":10850.263},{"text":"and","start":10850.263,"end":10850.587},{"text":"capacity","start":10850.587,"end":10850.912},{"text":"building.","start":10850.912,"end":10851.236}]},{"text":"And finally, decision useful standards for measurement, disclosure and 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district delegates, that concludes this morning's meeting.","start":10891.241,"end":10895.941,"topics":[],"words":[{"text":"Excellencies,","start":10891.241,"end":10891.829},{"text":"district","start":10891.829,"end":10892.416},{"text":"delegates,","start":10892.416,"end":10893.003},{"text":"that","start":10893.003,"end":10893.591},{"text":"concludes","start":10893.591,"end":10894.178},{"text":"this","start":10894.178,"end":10894.766},{"text":"morning's","start":10894.766,"end":10895.353},{"text":"meeting.","start":10895.353,"end":10895.941}]},{"text":"The forum will reconvene this afternoon at 3pm in these rooms to conclude its general 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Capacity building for governments, regulators, financial institutions, and market actors was repeatedly identified as necessary to implement frameworks and turn commitments into results."},{"key":"de-risking-blended-finance","label":"De-risking and Blended Finance","description":"Many interventions highlighted guarantees, first-loss capital, insurance, concessional finance, and blended finance structures as key tools to crowd in private investors. Speakers discussed how these instruments can improve risk-return profiles, especially for infrastructure, climate, and SME financing in vulnerable markets."},{"key":"climate-and-green-investment","label":"Climate and Green Investment","description":"Climate finance, green transition, adaptation, decarbonization, and renewable energy investment appeared throughout the proceedings. Speakers linked private finance to energy transition, resilient infrastructure, carbon markets, and broader efforts to align finance with climate and environmental goals."},{"key":"private-capital-mobilization","label":"Private Capital Mobilization","description":"Speakers repeatedly focused on how to mobilize much larger volumes of domestic and international private finance for sustainable development, especially to help close the SDG and climate financing gaps. The discussion emphasized that capital exists globally, but is not reaching developing countries at the needed scale or speed."},{"key":"project-pipeline-preparation","label":"Project Pipeline and Bankability","description":"Several statements underscored the shortage of well-prepared, bankable projects in developing countries as a major bottleneck. Speakers called for stronger project preparation support, clearer national pipelines, and investment-ready opportunities aligned with country priorities."},{"key":"sustainable-finance-standards","label":"Sustainable Finance Standards and Disclosure","description":"A major part of the discussion concerned sustainability reporting, taxonomies, interoperability of standards, and disclosure frameworks. Speakers examined how coherent, credible, and usable standards can improve transparency, reduce fragmentation, and help direct capital toward measurable development outcomes."}]}}