Renewed focus on SDGs needed to rebuild from COVID-19: ADB Report

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A renewed focus on achieving the Sustainable Development Goals (SDGs) will be indispensable as nations worldwide seek to rebuild from the COVID-19 pandemic, said ADB’s latest report.

“Achieving the SDGs will require vast sums of finance to be mobilized from the widest range of sources in support of the agenda at a time when governments face mounting pressure on their budgets and soaring public debt. In 2021, as we map a path to recovery from the pandemic, we must refocus on the SDGs. ADB’s investments must meet the highest standards of sustainable development and deliver real results that help countries realize the vision set out in Strategy 2030 and rebuild for the SDGs,” said ADB President Masatsugu Asakawa.

There has been limited progress on SDGs that safeguard the environment, the report titled ‘ADB’s Support for the Sustainable Development Goals: Enabling the 2030 Agenda for Sustainable Development through Strategy 2030’ said.

There is a huge financing gap to make the SDGs a reality. A “green, resilient, inclusive, and sustainable” recovery from COVID-19 that aligns with the SDGs will be imperative, the report added.