The Summit of the Future (SOTF) will take place on 22-23 September 2024 at UNHQ in New York and has been envisaged as a pivotal moment to reinvigorate the multilateral system and redress the inequities within global governance at large. The Summit’s outcome document, the Pact for the Future, contains a myriad of proposals aimed at addressing issues that present and future generations face, organized across five key tracks:
- Chapter 1. Sustainable development and financing for development;
- Chapter 2. International peace and security;
- Chapter 3. Science technology and innovation;
- Chapter 4. Youth and future generations; and
- Chapter 5. Global governance
The Pact for the Future has undergone a series of iterations as Member States continue to hold negotiations, since the release of the Pact’s Zero Draft on 26 January 2024. Rev.1 of the Pact was released on 14 May and Rev.2 was most recently published on 17 July. Rev. 3 is anticipated to be released by the end of August.
Throughout the negotiation process, Member States expressed that their goal is to produce an ambitious and outcome-oriented Pact, however several changes made between Rev.1 and Rev.2. resulted in an iteration of the Pact that is weakened, diluted, and risks maintaining the unjust status quo.
The “Unpacking the Pact for the Future” series analyses the changes in language made between Rev.1 and Rev.2 to assess the state of the Pact as it is now and what should be done in Rev. 3 to raise the ambition of the Pact, thus working to ensure that Member States capitalize on this once in a generation moment at the Summit of the Future.
See below for GPF’s comparison & analysis:
- Tax and Financing for Development
- Debt
- International Financial Architecture Reform
- Climate Finance
- Trade
- Gender
- UN, Development and Human Rights