UNIS/SGSM/777
12 September 2016
VIENNA, 12 September (UN Information Service) - The countries of the South have established themselves as indispensable participants in the global socioeconomic arena. Despite worldwide market volatility, South-South foreign direct investment is increasing. There are more and more institutionalized forms of South-South cooperation in the political and economic spheres. These trends prove that collaboration among developing countries is beneficial and thriving.
Now we must seize new opportunities to boost cooperation among developing countries, especially at this time of great promise as the international community carries out the 2030 Agenda for Sustainable Development and aims to realize its bold vision of a life of dignity for all people.
A manifestation of solidarity amongst developing countries, South-South cooperation continues to significantly drive progress. Its role has been emphasized in the 2030 Agenda, the Sendai Framework for Disaster Risk Reduction, the Addis Ababa Action Agenda, the Paris Agreement on climate change and the Agenda for Humanity. Now it is time to match these commitments with actions.
This is essential to rising to the many grave challenges we face. While living standards have risen across the global South, developing countries continue to struggle in the face of numerous and complex challenges that stall progress. Collective action is crucial.
On combatting climate change, South-South and triangular cooperation can contribute to keeping global warming to well below 2 degrees Celsius. In recognition of that potential, last April my office, in partnership with the United Nations Office for South-South Cooperation, launched the Southern Climate Partnership Incubator. This new initiative will foster and support collaboration for climate action.
As we mark the United Nations Day for South-South Cooperation, let us reaffirm our commitment to this invaluable means of achieving sustainable development and improving the lives of billions of people in the global South and beyond.
* *** *
