GENEVA (ILO News) – The Global Accelerator on Jobs and Social Protection for Just Transitions has gained significant momentum, with 16 new members joining as pathfinder countries since the initiative's launch three years ago, according to the first progress report.
The Global Accelerator Progress Report highlights the strong engagement of governments, social partners and civil society organizations. It also underscores the commitment to the initiative by development partners and international financial institutions.
Created in September 2021, the Global Accelerator on Jobs and Social Protection for Just Transitions aims to accelerate progress towards achieving the 2030 Agenda for Sustainable Development. The initiative focuses on the challenges of poverty, income inequality, informal employment, the global jobs gap and inadequate social protection coverage.
According to the report the resources mobilized by the initiative will allow countries to design and put in place national roadmaps to promote decent jobs and universal social protection. Already, 14 of the Global Accelerator's pathfinder countries are set to benefit from an initial funding envelope of US$17.8 million.
The report also underscores the importance of the Global Accelerator’s role in boosting cooperation between stakeholders such as government ministries, social partners, donors, development banks and UN organizations. This approach ensures coherent policies and programmes and promotes increased domestic and international investment.
In the past three years the initiative's achievements have included the establishment of the M-GA, a partnership between the United Nations and the World Bank, and its selection last year as one of the 12 UN High-Impact Initiatives to achieve the Sustainable Development Goals.
The Global Accelerator Progress Report was presented during the third Global Accelerator Steering Group meeting held on 16 July 2024.
