logo
Inaugural Global Business Summit in Jakarta convened to advance sustainable BRI Infrastructure Cooperation for SDGs

Inaugural Global Business Summit in Jakarta convened to advance sustainable BRI Infrastructure Cooperation for SDGs

Yahoo30-05-2025

JAKARTA, Indonesia, May 31, 2025 /PRNewswire/ -- The "Inaugural Global Business Summit on Belt and Road Infrastructure Investment for Better Business Better World and Sustainable Development Goals" (the Summit) officially opened on May 25 in Jakarta. The Summit is co-hosted by the Government of Indonesia, the United Nations Global Compact "Sustainable Infrastructure for the Belt and Road Initiative to Accelerate the SDGs" Action Platform (UN Global Compact BRI for SDG Action Platform), THK Forum, United in Diversity Foundation (UID), the Indonesian Chamber of Commerce and Industry (KADIN), UN Global Compact Network Indonesia (IGCN), International Chamber of Commerce (ICC), and the Sustainable Development Solutions Network (SDSN).
In keynote addresses, UN Under-Secretary-General Li Junhua emphasized the imperative for "low-carbon, resilient, and universally accessible infrastructure" while the UN Assistant Secretary General, and Executive Director of UN Global Compact Sanda Ojiambo outlined four strategic priorities for businesses: adopting science-based decarbonization targets, prioritizing circular economy principles, engaging local communities, and leveraging blended finance. Xiamen Airlines Chairman Zhao Dong highlighted the pivotal role of aviation connectivity in advancing the "Air Silk Road".
The summit yielded substantive outcomes, including the launch of the report Transition Finance for Sustainable Development of Traditional Industries and nine cross-sector initiatives spanning green energy transition, SME empowerment, and global health cooperation. A landmark Joint Statement by the UNGC BRI for SDG Action Platform High-Level Steering Committee reaffirmed BRI's role as a global public good for infrastructure investments and business participation, committing to sustainable development through responsible business and multi-stakeholder partnerships across sectors including healthcare, energy, telecommunications, construction, manufacture, transportation, food, agriculture and digital infrastructure.
Four expert roundtables addressed critical themes: sustainable supply chains in green minerals, healthcare innovation, ESG compliance, and green industrial park development. Marking the 75th anniversary of China-Indonesia diplomatic ties, UN resident coordinator's office in Indonesia and China joined hands with UN Global Compact company participants to co-launch Sino-Indonesia Corporate Communities Action Network for sustainable development to enhance sustainable communities and SDGs. Business leaders endorsed establishing an annual business summit mechanism to ensure BRI projects align with SDGs and promote international standard and private sector best practices.
The summit concluded with a unified call to action, underscoring shared responsibility in building an inclusive, climate-resilient future through strengthened BRI collaboration. This inaugural event has established a new paradigm for public-private partnerships in sustainable infrastructure development, setting the stage for long-term, principled cooperation.
View original content:https://www.prnewswire.com/apac/news-releases/inaugural-global-business-summit-in-jakarta-convened-to-advance-sustainable-bri-infrastructure-cooperation-for-sdgs-302469699.html
SOURCE UN Global Compact

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

At least 20 killed in suicide attack on Damascus church
At least 20 killed in suicide attack on Damascus church

Yahoo

time34 minutes ago

  • Yahoo

At least 20 killed in suicide attack on Damascus church

At least 20 people were killed Sunday in a suicide attack on a church in Damascus, authorities said, with Syria's interior ministry blaming a member of the Islamic State group. The United Nations condemned the attack, the first of its kind in the Syrian capital since Islamist-led forces toppled longtime ruler Bashar al-Assad in December, and the first on a church since the country's civil war erupted in 2011. Security remains one of the greatest challenges for Syria's new authorities, whom the international community has repeatedly urged to protect minorities. The interior ministry said in a statement that "a suicide attacker affiliated with the Daesh (IS) terrorist group entered the Saint Elias church in the Dwelaa area of the capital Damascus where he opened fire then blew himself up with an explosive belt". AFP correspondents saw first responders transporting people from the site, which was strewn with shattered wood from fittings and pews, with fallen icons and pools of blood seen on the floor. Security forces cordoned off the area. A health ministry statement carried by state news agency SANA said 20 people were killed and 52 wounded, raising an earlier civil defence toll. Bystander Lawrence Maamari told AFP that "someone entered (the church) from outside carrying a weapon" and began shooting, adding that people "tried to stop him before he blew himself up". - 'Heinous crime' - United Nations special envoy for Syria Geir Pedersen expressed "outrage at this heinous crime", calling in a statement for "a full investigation and action by the authorities". France's foreign ministry condemned an "abject, terrorist" attack, reiterating its commitment to "a transition in Syria that allows Syrians, whatever their religion, to live in peace and security in a free, united, pluralistic, prosperous, stable and sovereign" country. Syria's foreign ministry described the attack as "a desperate attempt to undermine national coexistence and to destabilise the country". Ziad, 40, said from a shop near the church that he heard gunfire then an explosion, and saw glass flying at him. "We saw fire in the church and the remains of wooden benches thrown all the way to the entrance," he said. The blast sparked panic and fear in the church, which had been full of worshippers including children and the elderly, an eyewitness told AFP, requesting anonymity. Several people were reported missing, with families searching desperately for their loved ones. Assad had painted himself as a protector of minorities, who during Syria's nearly 14-year civil war were targeted by numerous attacks, many claimed by jihadist groups including IS. After the new authorities took power, the international community and visiting envoys repeatedly urged the government to protect minorities and ensure their participation in Syria's transitional process, particularly after sectarian violence erupted in several parts of the country. - Investigation - Interior Minister Anas Khattab offered condolences for the victims and said that "specialised teams from the ministry have begun investigations into the circumstances of this reprehensible crime". "These terrorist acts will not stop the efforts of the Syrian state in achieving civil peace," Khattab said according to a statement. In an interview earlier this month, Khattab noted the security challenges facing Syria and said that IS had shifted "to studied attacks on strategic targets". He said IS had attempted "to carry out attacks against the Christian and Shiite community" that the authorities had thwarted. Last month, IS claimed its first attack on Syria's new government forces. Also last month, Syrian authorities said they arrested members of an IS cell near Damascus, accusing them of preparing attacks, while another anti-IS operation in the northern city of Aleppo saw the death of one security officer and three IS members. IS seized large swathes of Syrian and Iraqi territory in the early years of the civil war, declaring a cross-border "caliphate" in 2014. US-backed Syria Kurdish forces defeated the proto-state in 2019, but the jihadists have maintained a presence, particularly in Syria's vast desert. burs-lar/lg/smw

How effective was the US attack on Iran's nuclear sites? A visual guide
How effective was the US attack on Iran's nuclear sites? A visual guide

Yahoo

time44 minutes ago

  • Yahoo

How effective was the US attack on Iran's nuclear sites? A visual guide

Donald Trump was quick to claim that US strikes on Iran's nuclear facilities had 'completely and totally obliterated' them. Still, it remains unclear how much physical damage has been done or what the longer-term impact might be on Iran's nuclear programme. The Atomic Energy Organization of Iran (AEOI) confirmed that attacks took place on its Fordow, Isfahan and Natanz sites, but insisted its nuclear programme would not be stopped. Iran and the UN nuclear watchdog said there were no immediate signs of radioactive contamination around the three locations after the strikes. The Iranian Red Crescent Society reported no deaths from the US strikes, appearing to confirm Iranian claims they had been largely evacuated in advance. The health ministry said those who were injured showed no evidence of nuclear contamination. In the immediate aftermath, US military officials said the three sites had suffered 'severe damage' after an operation that had been planned for weeks, suggesting it was coordinated with Israel. The Pentagon said a battle damage assessment was still being conducted. Long regarded as the most difficult military target among Iran's nuclear sites, the uranium enrichment facilities at Fordow – the primary target of the operation – are buried beneath the Zagros mountains. Reports have suggested that the site was constructed beneath 45-90 metres of bedrock, largely limestone and dolomite. Some experts have suggested the layering of the sedimentary rocks, including faults, would also make it more difficult to strike the centrifuge array, providing a kind of geological cushioning against a blast wave. The attack – codenamed Operation Midnight Hammer – was carried out by seven B-2 Spirit stealth bombers flying from the US, after a deception flight by other B-2s into the Pacific. Tomahawk missiles were fired from US ships in waters south of Iran. The site was hit by a dozen 13,600kg massive ordnance penetrators – known as bunker busters – at approximately 2.10am Iranian time. It was the weapon's first operational use. The number used suggests a lack of confidence that a smaller strike could penetrate through to the target. The result to a large extent depends on the kind of concrete inside the facility. Estimates of the bunker busters' penetration are based largely on reinforced concrete resistant to 5,000psi. Iran is believed to have used more resistant concrete. While video from the site showed evidence of a fire in the immediate aftermath, satellite images published on Sunday were suggestive but far from conclusive. The main support building at the site appeared to be undamaged, but the topography of a prominent area of ridge line appeared to have altered and been flattened out, with some evidence of rock scarring close to two clusters of bomb craters around the ridge. Analysts had suggested that a strike could hit the main entrance tunnel to the site, but the main effort appears to have been in a different location. At odds with Trump's claim of 'complete obliteration', two Israeli officials who spoke to the New York Times described serious damage at Fordow but said the site had not been completely destroyed. The head of the International Atomic Energy Agency (IAEA), Rafael Grossi, added: 'As for the assessment of the degree of damage underground, on this we cannot pronounce ourselves. It could be important; it could be significant, but no one … neither us nor anybody else could be able to tell you how much it has been damaged.' Isfahan's nuclear technology centre was struck by Tomahawk cruise missiles fired from an Ohio-class submarine as opposed to bunker busters. Video posted on social media showed a distant detonation from the site on Saturday night. According to the IAEA, in addition to four hit by Israeli strikes, six other buildings had now been attacked, including a fuel rod production facility. It said facilities targeted at Isfahan either contained no nuclear material or small quantities of natural or low-enriched uranium. Natanz had previously been damaged by the first Israeli strikes of the conflict, with assessments then suggesting they had hit the power plant supplying the main centrifuge hall. Uranium had been enriched to up to 60%, short of weapons-grade material. It appears that Natanz's underground enrichment hall was targeted. Enhancement of satellite images from the site on Sunday showed fresh damage to overground buildings and new cratering in the centre of the site. In response to the US strikes, Iran launched ballistic missiles at Israel on Sunday, triggering countrywide air raid sirens and injuring 16 people. Iran has claimed that it evacuated the sites several days ago, and satellite imagery from several days ago suggests there was unusual truck traffic at Fordow. That appears to confirm the movement of some material from the site, possibly including the uranium stockpile – or parts of it – which remains unaccounted for. Hassan Abedini, the deputy political head of Iran's state broadcaster, said Iran had evacuated the three sites – Natanz, Isfahan and Fordow – some time ago. 'The enriched uranium reserves had been transferred from the nuclear centres and there are no materials left there that, if targeted, would cause radiation and be harmful to our compatriots,' he said. Three days before the US attacks, 16 cargo trucks were seen near the Fordow entrance tunnel. Related: What a difference a week makes: Trump falls into the Netanyahu trap The head of the AEOI, Mohammad Eslami, claimed this month that Iran had another enrichment site 'in a secure and invulnerable location' that could house centrifuges. Analysts have long argued that while it is possible to disrupt the physical function of a nuclear facility and limit the scope of a programme through, for example, the killing of scientists, the breadth of technical knowledge acquired during the decades-long programme is impossible to destroy. Ultimately, the question is whether the US-Israeli attacks are seen as sufficient for Iran to capitulate, or whether they instead encourage the regime to accelerate its efforts to produce a viable nuclear weapon.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store