G20 leadership essential in security against COVID-19: UN chief
To fight COVID-19 pandemic worldwide the necessityof the Group of 20 (G20) is crucial said Antonio Guterres United NationsSecretary-General.
"Our greatest security against COVID-19 is solidarityand cooperation," the UN chief was speaking on Sunday at a virtual summitof G20 leaders under the theme "Building an inclusive, sustainable andresilient potential," where he highlighted the value of G20 leadershipin the fight against the pandemic and your time and effort to build again better.
To start with, the secretary-standard said that the G20leadership is crucial in "halting the even more pass on of the pandemic."
"Yesterday, I was motivated by the wide recognitionthat vaccines - and also tests and treatments - must be global public things,available and cost-effective for all," he stated, referring to the improvement inthe first-day appointment of the summit.
"But I want to repeat the decision on G20 users tosupport the ACT-Accelerator and its COVAX facility. There is a monetary gap of28 billion U.S. dollars and we need 4.2 billion us dollars of this immediately formass production, procurement and distribution all over the world," hesaid.
Secondly, the most notable UN official said, the leadership is alsovital in mobilizing the resources to build onward better.
"You will have no numerous and better near future withoutstronger action now to provide the required liquidity and deal with the debtemergency of the very most vulnerable," he explained.
"It means strengthening the firepower of the IMF(International Monetary Fund) and additional international finance institutions insupport of the growing world, incorporating through a fresh issuance of SpecialDrawing Rights and the reallocation of unused SDRs," Guterres added.
It means broadening the eligibility of the G20 debtinitiatives to all or any vulnerable developing countries, like the middle-incomeones that require it, he said.
The UN chief believed that the 3rd important position of theG20 leadership is aligning their restoration efforts with the 2030 Agenda forSustainable Production and the Paris Agreement on Climate Change.
To build an inclusive, resilient and sustainable post-COVIDworld, public spending should be linked with reaching the Sustainable DevelopmentGoals, said the secretary-general.
"We have a good moral obligation to make certain that thetrillions of us dollars for COVID-19 restoration - money that people will be borrowing fromfuture generations - will not keep them burdened by a good mountain of debts on abroken world," he said.
"The recovery must help reconcile humankind andnature on all fronts. From environment to biodiversity, from guarding the oceansto stopping deforestation and territory degradation," he added.
