UN-PAGE high-level events at Stockholm + 50

PAGE hosted a high-level panel discussion, focused on key actions and actors needed to Revisit Economics and Finance to Accelerate Action for People & Planet, on 2 June 2022, and a Ministerial Breakfast meeting, on 3 June 2022, during the Stockholm+50 Conference. 

Watch the Panel

 

The Context

Linear and fossil-based economic and finance models of the past are no-longer an option in a world of increasing planetary crisis, climate risks, growing socioeconomic uncertainties, inequalities and poverty. These times of multiple and interconnected global crises call for broad-based partnerships that address economic, social and environmental dimensions in tandem that create resilience, sufficiency and increased capacities for human wellbeing and prosperity.

Announcement of Cambodia and Rwanda as the newest partner countries to join PAGE.

THE CHALLENGE

To correct the gross misallocation of capital that is depleting natural resources and ecosystems, while eroding social foundations and trust in public institutions. Our responsibility is to accelerate policy and investment shifts for an inclusive, green, system-wide socioeconomic transformation that creates new sustainable development pathways and ensures prosperity for all within planetary boundaries. The Stockholm+50 Conference gave us the opportunity to bring together global leaders to urgently accelerate action on the SDGs. 

HIGHLIGHTED TOPICS

  • Climate finance

There is a need for increased finance in order to implement effective, sustainable climate action to meet the goals of the Paris Climate Agreement.

  • Circular economy

Circularity and innovation in our economies and societies are crucial in a world which is facing many interconnected crises, such as climate change, nature loss, toxic pollution, pandemics, and rising inequalities and poverty.

  • Approach to economic transformation

As there is no one-size-fits-all approach to a green economy, green transition strategies must consider different national circumstances and adjust to emerging challenges and opportunities.

  • Coordination & partnerships

Programmes like PAGE incentivise and enable greater coordination between international and national actors including UN agencies, Government ministries and national stakeholders, to achieve a 'whole-economy' approach.

  • Knowledge sharing

Global responsibility and cooperation is necessary to solve the challenges around a global green transition. Peer-learning, South-South and Triangular exchange and sharing of technical expertise and local knowledge can be facilitated by programmes like PAGE.

PAGE Ministerial Breakfast Meeting

Ministers and Heads of Delegations of PAGE partner countries, funding partners and UN Agencies met on 3 June in Stockholm to identify pathways to make our economies low carbon, circular, nature positive and pro-poor, and to discuss how Partnerships like PAGE can help make the outcomes of Stockholm+50 a reality.

Moderated by Nikhil Seth, the Executive Director of UNITAR, the open conversation was framed by the Honourable Minister Steffi Lemke, Federal Minister for the Environment, Nature Conservation, Nuclear Safety, and Consumer Protection (BMUV) of Germany, and by the Chief Economist of Sida, Susanna Gable.
 
The Honourable Ministers of Environment Adrián Peña of Uruguay and Dr Jeanne d’Arc Mujawamariya of Rwanda, and Vice-Minister of Ecology Zulfiya Suleimenova of Kazakhstan also contributed to the high-level discussion, together with Heads of Delegations from Guatemala and the European Commission among others. 

ORGANISERS

UNEP, ILO, UNDP, UNIDO & UNITAR under the auspices of the United Nations Partnership for Action on Green Economy (PAGE), together with funding partners, partner countries, and partner initiatives including the Environment for Development Initiative, Stockholm Resilience Center (Stockholm University), Poverty and Environment Action, UNEP Finance Initiative, among others.