Deva: UN Sustainable Development Goals can only be met with policies that really create wealth

28-Sep-2015 @ 13:30

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The adoption of the UN Sustainable Development Goals is a landmark moment, but the goals will only be met through policies that encourage free trade, property rights, good governance, and entrepreneurship; according to Nirj Deva MEP, who is attending the UN General Assembly as Vice-President of the European Parliament’s Development committee.

The Sustainable Development Goals (SDGs) are a set of 17 objectives that will build on the Millennium Development Goals (MDGs) adopted in 2000. Alongside 169 targets it aims to mobilise all actors from states, international organisations, NGOs and interested parties in the fight against poverty.

Nirj Deva, the development spokesman for the European Conservatives and Reformists Group, said:

“The Millennium Development Goals helped to focus the international community’s collective mind towards clear and deliverable goals. We must now build on them with an agenda that will bring both the public and private sector together to deliver sustainable economic growth that spreads benefits to everyone.

“Targets and goals are important but they are no substitute for simple policies that are proven to deliver economic development and growth such as good governance, property rights, open trade and the mobilisation of domestic capital. That is how the USA went from poor immigrant populated country to the richest power in the world. Property rights, access to capital, risk taking and rewarding it are the accelerators to create wealth."

The South East MEP added: “Growing economies and spreading the benefits of that growth will require the private sector to be fully involved. Private enterprise need to see that there are opportunities and results from their investments and partnerships with the public sector, otherwise the money needed to build this sustainable development agenda will dry up. It is not rocket science.

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