During the South Summit in Kampala, Uganda, Claver Gatete, the executive secretary of the Economic Commission for Africa (ECA), shed light on the significant role of the Group of 77 countries plus China. He stressed that this unified front is pivotal, especially amidst the global crises the world currently grapples with. Gatete underscored the importance of multilateralism and the leadership role of the G77 plus China in ensuring no nation is left behind.
A Platform for the Developing Nations
The G77 plus China platform is a crucial stage for developing nations to voice their concerns and perspectives. Gatete, representing the five UN Regional Economic Commissions, highlighted their commitment to fostering partnerships and addressing the vulnerabilities of developing countries. The unity and collective representation of these nations are instrumental in combating global challenges.
Key Areas of Concern
Three primary areas command attention and concerted action. Firstly, the lack of industrialization, which leads to insufficient decent jobs, perpetuating poverty. Secondly, the disproportionate impact of climate change on the Global South. Lastly, the technology gap that threatens to widen the disparity between the developed and developing countries. Gatete emphasized the need for robust strategies to address these issues.
Regional Commissions' Contributions
The regional commissions, according to Gatete, have been proactive in their efforts to mitigate these concerns. Their contributions include raising over $700 million for the loss and damage fund, a testament to their commitment to the cause. The ECA's work in assisting African nations to establish carbon credit markets is also noteworthy. This initiative ensures these nations receive fair compensation for carbon credits, thereby boosting their environmental sustainability efforts.