Second Committee

The Second Committee (Economic and Financial) approved 11 draft resolutions this afternoon, including a text entitled “towards a new international economic order” that would have the General Assembly reaffirm the need to continue working towards that goal based on the principles of equity, sovereign equality, interdependence, common interest, cooperation and solidarity among all States.

The Second Committee (Economic and Financial) this afternoon approved by consensus three draft resolutions, including texts concerning the Fourth United Nations Conference on Least Developed Countries, science and technology for development, and the sustainable development of small island developing States.

The Second Committee (Economic and Financial) approved by consensus today three draft resolutions relating, respectively, to sustainable mountain development, cyber security and landlocked developing countries.

The Second Committee (Economic and Financial) approved by consensus today a draft resolution on South-South cooperation for development and an oral decision on postponement of the fourth High-level Dialogue on Financing for Development.

The Second Committee approved three draft resolutions today, including a text by which the General Assembly would reiterate its deep concern over the destruction by the Israeli Air Force of oil storage tanks near Lebanon’s El-Jiyeh electric power plant due to the adverse implications for sustainable development in that country.

The Second Committee (Economic and Financial) approved two draft resolutions today, including a text that would have the General Assembly demand that Israel stop exploiting, damaging, depleting or endangering the natural resources of the Occupied Palestinian Territory and the occupied Syrian Golan.

A total of 14 draft resolutions were introduced in the Second Committee this afternoon on agenda items ranging from sustainable development to macroeconomic policy questions to globalization and interdependence.

Conflicts over water -- the world’s most precious resource -- were at the heart of regional instability, but they could be a catalyst for cooperation and peace if managed properly, Aaron Wolfe, a specialist in water resource policy and conflict resolution, said this morning during a panel discussion on “Enhancing governance on water” held by the Second Committee (Economic and Financial).

The Millennium Development Goals could only be achieved with the participation of all stakeholders, including Governments, the private sector and civil society, the representative of Sweden said today, as the Second Committee (Economic and Financial) considered global partnerships.

An estimated 35 million new homes with the attendant infrastructure and services must be built annually over the next 25 years in order to accommodate the burgeoning number of urban dwellers in cities from Calcutta to Rio de Janeiro, Sudan’s representative told the Second Committee today, as it began considering implementation of the outcome of the United Nations Conference on Human Settlements and strengthening of the United Nations Human Settlements Programme (UN-Habitat).