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UNITED NATIONS RECOGNIZES ECUADOR AS MODEL FOR SUSTAINABLE DEVELOPMENT TO END POVERTY AND REDUCE INEQUALITY

The United Nations recognized Ecuador as a model for sustainable development to end poverty and reduce inequality during the 11th Annual Meeting of the UN and International Organizations Civil Society Focal Points event in Washington, DC on November 17th and 18th.

This meeting explored various aspects of the work streams that will converge in the post-2015 development agenda, including a focus on promoting a common sustainable development agenda to end poverty and reduce inequality.

Representatives of the World Bank, Inter-American Development Bank, International Monetary Fund, United Nations, Organization of American States, World Health Organization and non-governmental organizations were also present at the gathering.

Ambassador of Ecuador to the U.S. Nathalie Cely participated in the plenary meeting “Post-2015: Promoting a Common Sustainable Development Agenda to End Poverty and Reduce Inequality.”

During her address, Ambassador Cely highlighted that Ecuador made great strides in regards to sustainable development while also increasing social equality and preserving natural resources.

“We implemented a inclusive and sustainable development model that we call ‘good living,’ which has the wellbeing and the human rights of our citizens at its core,” said Ambassador Cely. “The results of this plan are evident in areas, such as the Gini coefficient, which has been reduced from 0.54 to 0.47. Meanwhile, the country has reduced poverty by 25.6 percent and extreme poverty by 9 percent. Also, according to ECLAC, Ecuador is among the top three countries to reduce poverty and is the top country to reduce inequality.”

According to the UN, between 2007 and 2012, Ecuador was one of the four countries in the world with highest advancement in human development – climbing from being ranked as a Middle Human Development Country to High Development Country.

In terms of production, Ambassador Cely highlighted that as a result of public funding for infrastructure, the country has climbed 35 spots in the Global Competitiveness Index from 2007 to 2013. Public and private investment in Ecuador generated a 4.5% GDP increase.

“Our challenge is to continue the transformation of the country’s productive matrix, rejuvenating it and focusing it on a knowledge-based economy,” said Ambassador Cely.

She also noted that when it comes to Ecuador’s productive matrix, the Government is investing more than $ 9 billion in the transformation of the energy matrix, allowing citizens to have clean energy from renewable sources aimed at 92% by 2016.