The world should engage in a collective work and active partnership while taking into consideration burden-sharing in order to achieve sustainable development, His Highness the Amir said in a speech before the Sustainable Development Summit.
He added the targeted sustainable development was facing big challenges "due to the patterns of conduct of man throughout the ages, in addition to impact of natural disasters and the rise in earth's temperature thus increasing our responsibilities." Leaders taking part in the summit had adopted yesterday the Sustainable Development Goals (SDGs), which aimed at primarily eradicating poverty by the year 2030 and further push development worldwide.
His Highness the Amir highlighted Kuwait's contributions to helping developing countries worldwide, calling upon developed countries to honor their commitment and contribute 0.7 percent of their gross domestic product (GDP) to enable sustainable funding for developing countries.
Kuwait, he added, has been living up to its regional and international responsibilities towards achieving sustainable development and addressing related problems.
"My country has hosted a number of high level meetings - economic, development and humanitarian - and launched many initiatives to boost partnership in development and humanitarian fields, and continue to make sure they are implemented," said His Highness the Amir.
Kuwait, added His Highness Sheikh Sabah Al-Ahmad, did not spare any effort to provide aid to developing countries and least-developed nations through its institutions, foremost Kuwait Fund for Arab Economic Development (KFAED), which provided grants and soft loans to carry out infrastructure projects in the developing countries.
"My country continue during the past few years to provide development assistance that amounted to 2.1 percent of its GDP, which is more than double the percentage agreed-upon internationally," he said.
Kuwait's total assistance in 2014 amounted to 0.24 percent of the country's Gross National Product (GNP), the highest among all donor countries in the world," His Highness the Amir.
His Highness the Amir, meanwhile, said Kuwait was proud of the UN achievements over the past decades, through which it enhanced international cooperation against challenges and crises.
He said the SDGs' three dimensions - economic, social and environmental - represented a starting point to support global development.
"Our success in achieving sustainable development reflects our responsibilities towards the world," concluded His Highness the Amir.
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