From MDGs to SDGs : New Challenge for Trade and Development

Bangkok, 2 September 2015

ITD International Conference on Post-2015 Development Challenges: Implication for Trade and Development in ASEAN Community

Post-2015 sustainable development

• TRANSFORMING OUR WORLD BY 2030 –

A NEW AGENDA BY GLOBAL ACTIONend poverty by 2030 and universally promote

shared economic prosperity, social development

and environmental protection

the ‘five Ps’—people, planet, prosperity, peace,

and partnership—capture the broad scope of the

agenda

https://sustainabledevelopment.un.org/post2015

2000-2015

Post-2015 SDGs comprise 17 goals

and 169 targets.

SDGs are universal. There

are 24 targets with specific

reference to LDCs, most of

which derived from the

MDGs, and other previous

initiatives in favour of LDCs.

8 MDGs were for South

What is sustainable development?

• ESCAP 2015: the allocation of resources

and investments that maximizes

synergies and minimizes trade-offs

among the objectives of economic

growth, social justice and

environmental protection for all

stakeholders - current and future.

• Integration of 3 dimensions: economic, social and environmental

Means of implementation

• The means of implementation outlined in the

outcome document match its ambitious

goals and focus on finance, technology

and capacity development.

• In addition to a stand-alone goal on the

means of implementation for the new

agenda, specific means are tailored to

each of the sustainable development goals.

• Emphasis through Addis Ababa Action Agenda on financing for development.

Trade-led sustainable development

• Features of contemporary trade

• - global value chains and trade in

intermediate goods

• - role of services

• - From resource-use to knowledge and

innovation based

while maintaining / increasing

competitiveness

Drivers

• Trade liberalization

• Lowering trade costs

• Developing supply capacity

• Inclusive supplementary policies

• Developing supportive policy environment

• Business

Issues facing the Asia-Pacific region: Supporting

integration beyond Global Value Chains

Using trade, investment and regional integration to support

sustainable development.

LDCsMiddle-income

countriesDeveloped Economies

• Lower trade costs to

support expansion of

D & GVCs

• Building supply

capacity, especially

for SMEs

• Enhance trade-

facilitation efforts

• Support innovation

and diversification to

support upgrading

within D&GVCs

• Develop and

promote sustainable

business practices

across D&GVCs

• Provide capacity

building and market

access for CSN

Sustainable development policies- how far to push?

• Trade can be affected (in both

directions, + and -) by sustainable

development policies

• Trade conflicts are already evolving

• The alarm about rising protectionism

• Issues of WTO compatibility of some

sustainable development policies

Promote corporate sustainability and leveraging business

• SDGs should cascade from global to

national level for direct business

involvement in operationalization of

goals.

• Corporates are responsive with enabling

environment & proper incentives.

• Business case for sustainability key to

getting business onboard w/ SDGs but

business requires public support in new

initiatives.

Source: UNCTAD

National level- policy mix

How ESCAP could help?

• Advisory teams

• Toolkits and analysis

• Datasets

• Courses for all stakeholders

• Evaluation (especially for Adjustment purposes)

• Networking with donors, subregional and

national institutions

• Platform for stakeholder interaction – especially

government and business

All of the above with developmental focus

TID Work Programme Promoting trade, investment, transfer of technology,

innovation and SMEs in support of sustainable development

•Consolidating trade and investment agreements, strengthening APTA, supporting participation in GVCs

Regional trade and investment integration

•Reducing trade costs and promoting paperless tradeTrade facilitation

•Enhancing SMEs capacity for trade and investment, sustainability and integration in GVCsSMEs

•Developing technological capabilities and using innovation for enhanced competitiveness and sustainability

Transfer of technology and innovation

Thank You for YOUR

Attention.

Will be happy to answer your questions.

http://www.unescap.org/our-work/trade-investment