Technology

UN, FG seek innovative financing to fast-track SDGs before 2030

**UN and FG Team Up for SDG Funding Boost**

The United Nations and Nigeria’s Federal Government are joining forces to drum up innovative financing and strengthen partnerships in a bid to turbocharge the pursuit of Sustainable Development Goals (SDGs) by 2030.

Nigeria is among the 17 countries lagging behind in achieving the SDGs, a set of 17 ambitious targets adopted by world leaders in 2015 to end poverty, protect the planet, and promote peace and prosperity.

**A $2 Trillion Gap**

The UN estimates that a staggering $2 trillion annually is needed to bridge the gap to meet all the SDGs by 2030. The UN and FG are urging the international community, governments, businesses, and civil society to step up their contributions to address the financial shortfall.

The call for stronger partnerships and innovative financing is being driven by the UN’s Sustainable Development Goals Fund, which has partnered with Nigeria’s Ministry of Budget and National Planning to develop a comprehensive financing framework.

**AI for Sustainable Development**

Artificial intelligence (AI) is increasingly being seen as a key enabler in the pursuit of SDGs, particularly in areas such as climate change, healthcare, education, and economic development. The FG has already begun exploring the potential of AI in various sectors, including agriculture and transportation.

An example of how AI is being used to advance SDGs is the Nigeria-based AI for SDGs initiative, which is using machine learning algorithms to improve crop yields and reduce food waste in the country’s agricultural sector.

**What this means**

The UN and FG’s push for innovative financing and stronger partnerships is a wake-up call for governments, businesses, and individuals to do more to support the achievement of SDGs. By leveraging AI and other technologies, we can accelerate progress towards a more sustainable and equitable future for all.

**Accelerating Progress**

The clock is ticking, with just six years left to meet the SDG deadline. The UN and FG’s call for action is a reminder that everyone has a role to play in driving progress towards a better world. By working together, we can unlock the solutions and innovations needed to achieve the SDGs and create a brighter future for generations to come.

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