Green Hope Foundation's Side Event at the
2022 ECOSOC Partnership Forum

Concept note:

The COVID-19 pandemic has created a crisis of uneven impacts. There is unequivocal agreement, that the pandemic’s impact has been asymmetric and tilted towards the most vulnerable, both within and across countries, affecting disproportionately low-income households, migrants, informal workers and women. Global poverty is on the rise for the first time since the 1998 Asian financial crisis. While the crisis has had uneven impacts, the responses too have been uneven and the situation is exacerbated by the immense fluidity in supply chains, causing shortages, raising prices and putting greater burden on the poor and vulnerable. The economic consequences of these disruptions and their social impact have combined to push much of the development and progress achieved over the last six years, since the adoption of the Sustainable Development Goals (SDGs).

While the pandemic has caused immense distress, it has provided a unique opportunity of rebuilding better by avoiding the mistakes of the past. The global nature of the pandemic has also brought about a new era of multilateralism and cooperation, with nations large or small united in their resolve to move forward on the premise of people centric development. The webinar focuses on the main theme of this forum, how to build back better from the impacts of COVID-19, through the creation of local circular economies, which is an essential ingredient in advancing the full implementation of Agenda2030. Drawing on an intergenerational panel of UN officials, subject matter experts and civil society actors from developed nations as well as from regions, most challenged by poverty and under-development, this panel will discuss the challenges that impede the accelerated implementation of the SDGs, as well as the pathways that facilitate the creation of local circular economies, which is foreseen as being a key driver of growth and resilience.