UN Assistant Secretary-General Marcos Athias Neto Delivers Lecture at ADA University on Financing Sustainable Development

On May 8, 2024, ADA University had the honor of hosting Marcos Athias Neto, United Nations Assistant Secretary-General, UNDP Assistant Administrator, and Director of the Bureau for Policy and Programme Support, as part of its Global Perspectives Lecture Series. Mr. Neto delivered an insightful lecture titled “Linking Financing for Development and the Paris Agreement’s Nationally Determined Contributions for Sustainable Development”, addressing the critical intersection of financial strategies and climate commitments.

During his lecture, Mr. Neto emphasized the necessity of aligning financial flows with the objectives outlined in the Paris Agreement and the Sustainable Development Goals (SDGs). He discussed the importance of mobilizing both public and private resources to support countries in achieving their Nationally Determined Contributions (NDCs), which are central to global climate action efforts.

Mr. Neto highlighted the role of innovative financing mechanisms, such as green bonds and blended finance, in bridging funding gaps for sustainable development projects. He also underscored the significance of international cooperation and partnerships in scaling up investments that drive climate resilience and sustainable growth.

The lecture provided ADA University students and faculty with a comprehensive understanding of the complexities involved in financing sustainable development. It also offered practical insights into how financial systems can be leveraged to support environmental objectives, fostering a holistic approach to development that integrates economic, social, and environmental dimensions.

This event reflects ADA University’s commitment to engaging with global leaders and experts to enrich the academic experience of its community. By facilitating such dialogues, the university aims to inspire informed and proactive participation in addressing global challenges.