The Ministry of Foreign Affairs and the UN System in Mexico hold the 1st session of the Steering Committee for the Coordination of the Joint SGD Fund for "Strengthening the Governance of the Financial System for Sustainable Development”
Mexico City, November 4th, 2020 - The first session of the Steering Committee for the Coordination of the Joint SDG Fund for "Strengthening the Governance of the Financial System for Sustainable Development" was held in Mexico City in order to create strategic alliances between United Nations agencies, national governments, academia, civil society and the private sector. This initiative focuses on the challenges posed by poverty in Mexico, promotes sustainable development in three dimensions - economic, social and environmental - and seeks to accelerate the implementation of the 2030 Agenda in the country.
Under the leadership of the United Nations Resident Coordinator's Office (RCO) in Mexico and in close coordination with the United Nations Development Programme (UNDP), the United Nations Environment Programme (UNEP) and the United Nations Office on Drugs and Crime (UNODC), the Joint Fund is an innovative mechanism that will strengthen capacities for:
- Identify funding gaps and opportunities for SDGs.
- Create and manage financial tools to improve the resilience of the financial system to climate and environmental risks.
- Identify and seize assets proven to be proceeds of corruption so that they can be reallocated for sustainable development purposes.
These efforts will provide greater resources to enhance sustainable development in Mexico.
The establishment of the Steering Committee was presided over by the Undersecretary for Multilateral Affairs and Human Rights of the Ministry of Foreign Affairs, Ms. Martha Delgado, and the welcoming remarks were made by the Resident Coordinator a.i. of the United Nations System in Mexico, Ms. Belén Sanz.
The activities of the programme were presented by the Resident Representative of the UNDP, Mr. Lorenzo Jimenez de Luis; the Representative of the UNEP, Ms. Dolores Barrientos, and the Representative of the UNODC, Mr. Kristian Hölge.
The inaugural meeting of the committee was attended by representatives of the Swedish embassies, one of the main contributors to the Fund, as well as by officials from the Ministry of Finance and Public Credit, the Ministry of Foreign Affairs, the Bank of Mexico and the National Banking and Securities Commission, in their capacity as government counterparts.
The Joint SGD Fund promotes collaboration amongst the agencies of the United Nations System, accelerates the implementation of the 2030 Agenda for Sustainable Development, provides comprehensive, large-scale support, and establishes strategic partnerships in order to leave no one behind.