TOWARDS THE LOCALIZATION OF THE SDGs
4.5
Ljubljana, Slovenia (Photo: rok-zabukovec--qT4l6t6t0k-unsplash)
Sharing economic benefits
“Even before the current crisis, the global economy was growing at a slower rate than in previous years, despite improvements in labour productivity and unemployment. The COVID-19 pandemic has abruptly and profoundly disrupted the global economy, pushing the world into a recession” (UN Secretary-General Report 2020 to the HLPF).225
Cities and territories are where work opportunities tend to concentrate, all around the world. They have been badly hit by the current global socio-economic crisis and now need to respond to the climate of incertitude created by this new context and to help their communities through it. While the commitment of national governments to promoting economic growth and
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