Global goals, also called Sustainable Development Goals, are 17 integrated goals that were adopted by United Nation member states in 2015 as a universal call to action to bring an end to poverty, protect the planet and ensure peace and prosperity for all by 2030.
The Sustainability Impact Forum held at the Strathmore Business School brought together the leading thought experts on sustainability and provided a new platform that will reshape intergenerational dialogue and diverse engagement on Sustainable Development Goals.
The forum was organized by United Nations Sustainable Development Solutions Network (SDSN) Youth, Aiesec Kenya, Millennium Campus network and Strathmore Business School.
Currently, it is estimated that only about 10% of infrastructure investments in SDGs come from the private sector. According to a report by the Business & Sustainable Development Commission, “achieving of the SDGs could open up $12 trillion of market opportunities in food and agriculture, cities, energy and materials, and health and well-being alone and create 380 million new jobs by 2030.”
There are immense challenges of achieving the SDGs by 2030, funding, youth inclusivity and private sector participation, however, some private companies are already taking up the challenge.
Speaking at the forum, Michael Koech, Principal Officer (Climate and Environment Management), Safaricom PLC said, “we have over 1 million users on Mtiba as Safaricom PLC in pushing for SDG goal 3 on good health and well-being.”
The youth, on the other hand, must be willing to take part in critical conversations on global goals because they will affect them in the long run. Aiesec Kenya President, Nkirote Mutisya, speaking at the forum said, “SDGs are not just about doing things for the next 5 to 10 years but what is going to be remembered about us when we are gone.”
Development needs to be designed to meet the needs of the present generation without compromising the ability of future generations to meet their needs.
Furthermore, proper dynamic partnerships and youth inclusivity are among the things that must be availed to achieve these goals.
According to AidData, 2017, there is a financing gap estimated at USD 2.5 trillion every year in developing countries. To achieve the global goals by 2030 as projected, innovative finance mechanisms need to be devised and the international community needs to significantly mobilize additional funding.