Alain Noudehou: Remarks at the Report Launch of “Rebalancing Global Governance: Opportunities for China and G20 beyond 2015”

Jun 26, 2015

By Mr. Alain Noudehou, UNDP Resident Representative 

(N.B. Alain Noudehou was China UN Resident Coordinator & UNDP Resident Representative from 2014-May 2016)

Beijing, China

Vice Chairman Wei Jianguo,

Chairman Yang Jiemian,

Distinguished guests,

Ladies and Gentlemen,

I would like to thank you all for joining us today for the launch of the Second Global Governance Report.  I take the opportunity to express our gratitude to the China Center for International Economic Exchanges (CCIEE) for partnering with UNDP on this global governance initiative, and to the Shanghai Institutes for International Studies (SIIS) for being such a resourceful and reliable academic partner.

Since the Millennium Development Goals were adopted in 2000, the world has dramatically changed. While we have seen considerable success in terms of poverty reduction, access to education, sanitation, just to name a few the world continues to face complex social, economic, as well as environmental challenges.  For example, more than 1 billion people are still living below poverty and the wellbeing of our environment is under threat by climate change. In addition to these global development challenges, the close connection between national economies and the growing integration of global trade require the world to approach these challenges in a more inclusive and coordinated fashion.  Meanwhile, geopolitical tensions over the last decade have highlighted the challenges of global interconnectedness and systemic weaknesses in the global economy.

Solving these problems in the short and long-term require a fresh mindset and a more comprehensive approach. As underlined at the 2012 Rio+20 Conference, the world needs to change in order to secure a livable planet for future generations. The challenges that our society faces are not only related to economic imbalances, but are also related to the social and environmental consequences of growth.

The year 2015 represents a watershed moment for addressing these problems, as it is the year by which the MDGs should be achieved, as well as the year that a new set of global goals are to be introduced, paving the way towards development in its three dimensions: social, economic and environmental.

We believe that China has a great opportunity to play a crucial role  in this regard. The world has watched China grow exponentially over the last four decades since its open market reform. China’s transformational progress has not only improved the well-being of domestic citizens but also contributed to the global economy. As the second largest economy in the world and certainly the largest ‘developing country’, China’s engagement in international cooperation is becoming increasingly important. Given China’s position as a G20 nation and its leading role in the establishment of new institutions such as the NDB and the AIIB, China is expected to play a greater role in shaping the international economic architecture in years to come.

To successfully address the challenges related to Global Economic Governance, it is important to recognize the need for inclusive, fruitful dialogue among policymakers, academic experts, and stakeholders from across sectors to seek feasible solutions to global challenges. UNDP China’s Global Governance Initiative was borne out of such a need. This report we are launching today is the product of the high-level policy forum that took place in October 2014 in Beijing.  That forum saw the participation of renowned Chinese and International Experts to discuss global economic governance and financing for development issues within the Post-2015 Agenda framework. This report reflects the discussions and summarizes recommendations and proposal made during the forum.  

The reports surveys the dynamic landscape of global economic governance, examining the context of the Sustainable Development Goals, which are expected to guide the major development endeavors for the next 15 years, and the challenges and opportunities facing China, one of the major emerging players in global governance. 

We believe that the timing of these discussions are especially opportune as China, a member of the G20 and next President of this formation, attaches great importance to keeping development at the center of international cooperation discourse The report also provides ideas for how the Post 2015 Development Agenda can be integrated into, and championed by, a global governance mechanism such as the G20.  

It is our sincere hope that the policy recommendations in this Report will inform and feed into the decision making process of all concerned stakeholders and in particular the Chinese Government as the world geared itself up to take forward the Sustainable Development Goals. All partners, national and international public and private, can help advance global governance and ensure the success of the SDGs.

I therefore hope that you will find the report of a good use and we look forward, together with our partners CCIEE and SIIS, to continue exchanging with all of you in order to continue the reflection on how to enhance global governance mechanisms in the service of achieving the new SDGs. 

Thank you.

 

(N.B. Alain Noudehou was China UN Resident Coordinator & UNDP Resident Representative from 2014-May 2016)

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