Human development - the combined measure of the world's education, health, and living standards - is on course to decline in 2020, for the first time since measurement began1. With up to 100 million more people being pushed into extreme poverty in 20202, 1.4 billion children affected by school closures3, and more than 700 thousand confirmed deaths from COVID-19 as of early August4, the pandemic is hitting all human development dimensions hard, in all countries.
Governments and societies face unprecedented policy, regulatory and fiscal choices as they act to save lives and set a course for a sustainable future. The philanthropic reaction to the COVID-19 pandemic has been remarkable in coordinating grantmaking from individuals, foundations, and corporations in order to facilitate the crisis response. Candid outlines that over USD $11.4 billion were mobilized from 789 funders and 5996 grants worldwide5. By April, the total philanthropic commitment amount represented 38 percent of the total USD $26 billion raised for COVID-19 relief funds.
A forward-looking response to COVID-19 could end an era where one third of all food produced is wasted while in 1 in 10 people goes hungry, where 10 times more is spent on fossil fuel subsidies than on renewable energy, and where more than two billion people live in fragility, conflict or violence. It could transform the lives of those who were out of school, out of work, offline and off the grid, even before the virus spread.
The United Nations has developed a Framework for the Immediate Socio-Economic Response to COVID-19 that highlights the multiple challenges we have ahead and supports countries' path to social and economic recovery. UNDP leads the United Nations' socio-economic response on the ground and ensures that this unprecedented opportunity will be utilized to build an inclusive and sustainable future for all. The participation of philanthropic actors is key in the task to address national development challenges to overcome the post-COVID-19 crisis.
About the digital event:
In this context, we are pleased to invite you to a digital event on "Taking a Comprehensive Approach in Response to COVID-19 and Financing the SDGs" during the 75th session of the United Nations General Assembly, to be held on September 22, 2020 from 08:30 am to 10:00 am (EDT).
The digital event is organized jointly by the United Nations Development Programme (UNDP), Worldwide Initiatives for Grantmaker Support (WINGS), SDG Philanthropy Platform, CAF America, and the Lilly Family School of Philanthropy, Indiana University, and supported by the United Nations Office for Partnerships.
Topics include: Exploring how the power of philanthropy can be harnessed to combat the socio-economic consequences of COVID-19 as well as achieve the SDGs, and finding pathways for multi-stakeholder partnerships and collaborations with the aim to maximise efforts and create opportunities for joint collaboration.
You can access the recording of the event here
Please find the full program and agenda for the digital event attached below.
(1) http://hdr.undp.org/en/content/covid-19-human-development-course-decline-year-first-time-1990 - accessed on 17.08.2020.
(4) https://www.premiumtimesng.com/news/top-news/407008-covid-19-death-toll-exceeds-700-000-worldwide.html - accessed on 17.08.2020.
(5) https://candid.org/explore-issues/coronavirus - accessed on 16.08.2020.
Photo Credit: UNDP Bangladesh