Zuma Returns From Rio

25 June 2012 16:30 - Phoebe Robinson

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Zuma Returns From Rio

South African President Jacob Zuma returned from the United Nations conference on Saturday. The Rio +20, focused on the green economy and institutional arrangements for sustainable development.

"The Rio+20 negotiations discussed and assessed progress and implementation gaps of the outcomes of major summits on sustainable development, and focused its main business on two key themes of the conference, namely, the green economy in the context of sustainable development and poverty eradication as well as institutional arrangements for sustainable development," said the President.

A commitment to create a set of sustainable Goals that will be in line with the UNís Development Agenda after 2015. Other significant achievements of the conference were the consideration o effectiveness, consistency and synergies of existing financial instruments with the intention of creating an effective financing strategy to facilitate mobilisation of resources. This is said to have been finished in 2014.

Another outcome was that green policies can be undertaken by interested parties, based on their national sustainable development strategies in order to move forward their conversion to sustainable development. 

In terms of institutional arrangements they made negotiations extending beyond a decade, agreeing to increase the strength of the UN Environment programme and to create an inter governmental high level forum for sustainable development.

"The conference outcomes have refocused the attention of world leaders to the daunting challenges of addressing global poverty, inequality, and the deterioration state of the environment and human development, by adopting a Political Declaration and a Framework for Action.

"The latter will require countries both collectively and within the UN as individual member states to step up efforts in meeting the Millennium Development Goals," said Zuma on his return.





Related Links:
• G20 Summit
Offical Website
• Economic Calendar
Scheduled Economic Events


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