A/72/139 cuts and freezes in public sector spending, austerity programmes and the rationalization of social protection floors, including, for example, health care and minimum wage provisions. 52. Governments should also consider the issue of military spending. Global military spending in 2016 is estimated to have increased by 0.4 per cent to $1.69 trillion. 46 Considering options for global disarmament and the redistribution of funds for the implementation of the Goals could significantly advance the 2030 Agenda not only through resource mobilization, but also through its contribution to strengthening universal peace. 53. While the primary responsibility for the implementation of the Goals rests with national Governments, the private sector and donors have an important role to play in providing and mobilizing resources. Businesses played a strong role in the development of the Goals, including through a high-level panel that allowed companies to participate in the consultative process. Accordingly, expectations are high for the role of the private sector in the implementation of the Goals . Furthermore, awareness in the private sector of the Goals is significant; research conducted by PricewaterhouseCoopers found that 92 per cent of businesses surveyed were aware of the Goals, compared with 33 per cent of citizens. 47 However, the same survey also suggested a lack of consensus on the implementation of the Goals, preference between Goals and a lack of willingness to engage on issues that were not aligned with their corporate interests. There was a readiness among the businesses surveyed to cherry-pick the Goals that did not fit into their corporate priorities or pushed them outside their comfort zone. Goal 8 on decent work and economic growth, which includes target 8.7, was ranked highest among those surveyed both in terms of perceived impact of businesses on the Goal and on how the Goal could constitute a business opportunity. 48 The Special Rapporteur is of the opinion that the business sector has much to offer in the implementation of target 8.7 and in broader slavery eradication efforts. It is essential, however, that private sector actors ensure respect for human rights in both their contributions to the 2030 Agenda and to broader business activities. Such a holistic and rights -based approach is in line with the obligations of businesses under pillar II of the corporate responsibility to respect human rights and other relevant principles of the Guiding Principles on Business and Human Rights: Implementing the United Nations “Protect, Respect and Remedy” Framework. 49 54. The successful implementation of the 2030 Agenda and the achievement of its potential in relation to eradicating contemporary forms of slavery are not just about the availability of capacity and resources. A significant degree of political will is needed to challenge the implicit and explicit power structures that often support the continuing prevalence of contemporary forms of slavery. The complexities of balancing resources and input from different stakeholders, ensuring overall policy coherence in related policies and programmes and galvanizing the political will to challenge implicit and explicit power structures require international coordination, cooperation and leadership. 55. In response, multi-stakeholder initiatives have emerged to galvanize support and resources for particular Goals and targets. An example is Alliance 8.7, a global partnership committed to taking immediate and effective measures to eradicate forced labour, modern slavery, trafficking in persons and child labour, in accordance __________________ 46 47 48 49 17-11988 See www.sipri.org/research/armament-and-disarmament/arms-transfers-and-military-spending/ military-expenditure. PwC, “Make it your business: engaging with the Sustainable Development Goals”, 2015. Ibid. A/HRC/17/31, annex. 17/21

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