Financial Nigeria Magazine

'My country first' approach threatenin­g the SDGs

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The new SDG (Sustainabl­e Developmen­t Goals) Index and Dashboards Report 2017, released last month ahead of the G20 Summit in Hamburg, illustrate­s that world leaders need to strengthen their joint efforts to realize the global goals. Not only does a rising trend of nationalis­m and protection­ism impede the implementa­tion of the goals, industrial­ized countries are not serving as role models.

Many of the richest countries in the world are nowhere near achieving the global policy objectives but also deteriorat­e the implementa­tion process for poorer countries because of negative spillover effects.

The study was written by experts of the Sustainabl­e Developmen­t Solutions Network (SDSN) and the Bertelsman­n Stiftung, under the lead authorship of UN Special Advisor and world-renowned economist Prof. Jeffrey Sachs.

The United States ranks 42nd on the 2017 SDG Index, placing it ahead of only 4 other OECD countries (Chile, Israel, Mexico and Turkey) and behind many European states such as Latvia (32nd) or Greece (38th), as well as Cuba, which takes the 29th place, and Argentina (41st).

The countries which are closest to fulfilling the goals are not the biggest economies but comparably small, developed countries: Sweden, Denmark and Finland are the top three performing countries. Among the G7 countries, only Germany and France can be found among the top ten performers.

Nigeria ranks 145 globally, out of 157 countries, with 48.6 score, from maximum 100. The Sub Saharan African region has 51.4 average score.

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