Promises leaf stability in spring
T.There is nothing more valuable than a coin of hope at this time. Everyday life in a crisis-ridden world – from COVID-19 epidemics, climate change and environmental degradation, inflation, deeper poverty and hunger, modern warfare and the threat of nuclear weapons – is enough for the dark night of the soul and, perhaps, the Easter celebration is more touching and meaningful .
In early 2015 and perhaps in anticipation of the challenging times ahead, world leaders have set their most prosperous Sustainable Development Goals (SDGs) as global goals – a blueprint for achieving a better or more sustainable future for all people. World by 2030. Briefly explained, SDG is a global action plan covering all types and dimensions of poverty alleviation. It aims at the 5 Ps – “people” so that all people fulfill their potential in terms of dignity and equality, “planet” or the promotion of sustainable enjoyment and production, the inequality of all forms of “prosperity”, “peace” only through. And inclusive society, achieved through “partnership” in the spirit of strong global solidarity.
In 2020 and what should have been the decade of SDG delivery, the situation has intensified. In contrast to climate change, the spread of COVID-19 has exacerbated global poverty. The world has experienced the worst economic downturn since the Great Depression, with the most vulnerable groups – women, migrants, refugees, children, the elderly and people with disabilities – being the hardest hit. However, in order to achieve a world record, in reality, to achieve a better life for all, the root causes and uneven effects of Covid-19 clearly explain why there is a need to find a way out of the current global crisis.
Through more local lenses, the Philippines recognizes the value of complying with the SDGs and has even adopted its Philippine Development Global Goals for 2017-2022. The country even took part in a voluntary national review in 2016 and 2019 and will do so again at the 2022 high-level political forum on sustainable development. It marks the substantial advance of the country’s political will to ensure that inclusive growth is enjoyed by all. The milestones to be included in the 2022 report are:
কারী Official mandate for Sustainability Reporting issued by the Securities and Exchange Commission in 2019 for publicly listed companies, with the aim of making it universally required by 2023. As of 2021, it was estimated that more than 90% of listed companies in the Philippines have submitted sustainability reports and 22% have published a report on sustainability impacts and performance. As publications have become the norm, it is expected that public and interest groups can now adequately measure, understand and evaluate the economic, environmental, social and governance impacts of large corporations. However, there is still much work to be done in standardizing reporting formats to ensure the standards set in the Global Reporting Initiative (GRI).
উৎস The analysis base of data sources and SDGs in the Philippines has improved over the last few years. In 2016, the Philippine Statistical Authority (PSA) Board issued a resolution directing government agencies to provide data support to SDGs. As a result, in 2017, the PSA board approved and included the official list of SDG indicators for monitoring by the National Economic Development Authority (NEDA), other government agencies and local government units.
ED NEDA, the agency responsible for implementing and overseeing SDG commitments in the Philippines, has created an official website here www.sdg.neda.gov.ph To act as a repository of key government information, resources and activities that contribute to each SDG.
বহু The much-awaited reforms of the Public Service Act, the Retail Trade Liberation Act, and the Foreign Investment Act are important for raising the investment capital needed to encourage initiatives to recover. Increased efforts to invest in sectors vital to public welfare are seen as a major push for work to provide health, wellness, quality education, clean water and sanitation, affordable and clean energy, as well as the necessary infrastructure for improvement. Everyone’s life. Similarly, liberalization is expected to have a major impact on job creation and inclusive growth.
Active participation of the Philippines in • 66M The session of the Commission on the Status of Women (CSW 66), chaired by the Philippine Commission on Women (PCW), is expected to accelerate the government’s efforts to remove structural barriers to women’s economic empowerment. Understanding the continuing problem of poverty alleviation, especially since women carry the burden of unpaid care work, requires changing labor and investment environments to allow for the enabling of technologies and programs that can reduce the gender gap. A prime example of this emphasis is the inclusion of gender indicators in the 2022-2028 National Strategy for Financial Inclusion to reduce financial inclusion inequality.
While much remains to be done to recover from the shocks caused by the epidemic, continued investment in data and innovation may be the key to responding to the crisis and supporting SDG acceleration. It could still be a decade of delivery; Information on government and private sector SDGs needs to be made available to the public and made transparent so that the quality of government services and trade of large companies can be improved. The public can now scrutinize and support government efforts to promote long-term community building and environmental protection. The marketplace is slowly evolving into one where sustainable cities and communities are the best products and services demanded by customers. Corporate Social Responsibility (CSR) programs are now a thing of the past as sustainability has become mainstream and consumers have become more discerning about the bottom line of companies and they focus not only on profit but also on people and the planet.
It is also important that we as consumers understand our commercial options and, as citizens, push for more inclusive legislation or government action. I hope and believe that our combined efforts, collected from the recent misery, will become the local equinox that can tilt the earth in its proper balance. This is what we plant but do not need to see; Inheritance of leaves in spring.
Enjoy Easter renewal for you and your future children.
Christine C. Francisco-Alcantara is the managing partner of Abad Alcantara and Associates, program officer for the mainstream women’s economic empowerment Philoin and Oxfam’s Gracie project, and a member of the Foundation’s Board of Trustees for Economic Freedom.
www.tradelawyers.ph
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