The year 2021 was proclaimed the International Year of Creative Economy for Sustainable Development in 2019 at the 74th session of the UN General Assembly. The idea, which was proposed by a worldwide coalition of nations including Australia, China, India, Indonesia, Mongolia, Philippines, and Thailand, was primarily sponsored by Indonesia.
The proposal acknowledged the need to support long-term, inclusive economic growth, encourage innovation, give everyone access to opportunities, rewards, and empowerment, and uphold all human rights.
It also recognized the continued requirement to assist developing nations and nations through economic transition in diversifying their production and exports, especially through emerging sectors with sustainable growth, such the creative industries.
It implores everyone to observe the year in accordance with national priorities to raise awareness, promote cooperation and networking, encourage sharing best practices and experiences, enhance human resource capacity, promote an enabling environment at all levels, as well as address the difficulties of the creative economy.
The creative economy includes designers and entrepreneurs as well as knowledge workers. One of the fastest-growing industries in the world is fueled by their creative talent, a renewable and sustainable resource.
The creative economy generates 2.25 billion USD annually, or 3% of the global GDP, and it employs more young people (between the ages of 18 and 25) than any other sector.
Getting Rid of Poverty Through Economic Growth
Promoting cultural and creative industries around the world is intended to aid developing nations in producing more effective and decent jobs. Countries will then be able to end poverty and improve the quality of life for their populations thanks to the expanding economies.
International and National Assistance
The UN itself advocates for the subject within various agencies, including the UN Development Programme, the UN Educational, Scientific, and Cultural Organization, and the UN Conference on Trade and Development.
The UN requests of nations:
Encourage mass entrepreneurship and innovation
encourage the variety of cultural expressions
Increase public awareness of sustainable development