How can the pact of the future deliver for everyone?
The United Nations Pact of the Future initiative is an inter-governmentally negotiated and action-oriented agreement that aims to unite member states around key commitments to tackle the most critical global issues including climate change, and escalating conflicts. George Hampton, the Executive Director for Global Policy and Multilateral Initiatives at The UN Foundation, joins CNBC Africa for this discussion the progress of the pact and more.
Wed, 30 Oct 2024 11:38:21 GMT
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AI Generated Summary
- The pact addresses pressing global issues such as climate change and conflicts, emphasizing the need for an upgrade in international governance structures.
- Youth inclusion and future generations are central to the pact, shaping its development and implementation.
- The pact focuses on diverse pillars including AI governance, security council reform, and financing initiatives for sustainable development and climate action.
The United Nations Pact of the Future initiative, aimed at uniting member states around key commitments to address pressing global issues such as climate change and escalating conflicts, has been a beacon of hope in the realm of international cooperation. George Hampton, the Executive Director for Global Policy and Multilateral Initiatives at The UN Foundation, shed light on the development, progress, and significance of this groundbreaking pact during a recent interview on CNBC Africa.
The genesis of the pact can be traced back to the 75th anniversary of the UN and the tumultuous events that followed, including the COVID-19 pandemic and various conflicts around the world. These crises underscored the urgent need for an upgrade in the way international governance operates. The pact of the future comprises around 60 actions across five key chapters, covering a wide range of issues from artificial intelligence to green technology and security council reform.
One of the central elements of the pact is the focus on future generations, recognizing the demographic shift that will see 80% of young people residing in Africa or Asia by 2100. This forward-looking approach is crucial in ensuring that the international system evolves to meet the needs of upcoming generations, moving beyond legacy structures that are no longer adequate for the challenges of the 21st century.
A significant aspect of the pact is the emphasis on global governance mechanisms for emerging technologies like AI, as well as reforms in peace and security initiatives. The initiative also highlights the importance of international financial agendas to support sustainable development goals, with an estimated $4 trillion needed to meet these goals and address climate financing.
Regarding the SDGs, Hampton stressed the pivotal role of the pact in reigniting momentum for these goals, especially in the face of the growing climate crisis, which poses a particular urgency for African nations. The financing initiatives within the pact are crucial for both adaptation and mitigation efforts, along with early warning systems to anticipate and respond to crises stemming from climate change.
Youth inclusion in the pact is paramount, as they not only shaped the development of the initiative but will also play a key role in its implementation and enforcement. The engagement of youth voices, particularly from Africa, has already influenced member states to take more ambitious actions, setting a precedent for continued youth involvement in shaping the future of global governance.
Despite the current international tensions and mistrust, the pact stands as a symbol of unity and trust among member states. The Africa Group played a pivotal role in pushing the pact forward, demonstrating that multilateral cooperation can prevail even in challenging times. The pact's emphasis on diversity and inclusion, such as advocating for a stronger African voice in the Security Council, reflects a broader evolution in multilateralism towards a more equitable and representative global governance structure.
Looking ahead, Hampton emphasized the need for inclusivity to ensure that no one is left behind in the pursuit of a more sustainable and secure world. Recognizing the interconnected nature of global challenges, he underscored the shared responsibility for economic prosperity and security, emphasizing the importance of addressing disparities to foster trust and cooperation.
In conclusion, the United Nations Pact of the Future represents a pivotal moment in the transformation of global governance, offering a comprehensive framework to address the most critical issues facing humanity. With a focus on future generations, inclusive multilateralism, and sustainable development, the pact paves the way for a more collaborative and equitable international system.