In progress at UNHQ

General Assembly


GA/12628

The international financial architecture, established in the mid-1940s, has become obsolete and must be reformed to address the challenges of developing countries, speakers emphasized during an interactive dialogue at the Summit of the Future today, calling for more equitable access to affordable financing and the creation of a fair, open global trading system.

DEV/3461

Small island developing States face a diversion of expenditure from sustainable development to recovery from the impacts of climate-change-induced disasters, speakers told the Fourth International Conference on Small Island Developing States in Antigua and Barbuda today, to highlight the critical importance of financial support and access to finance.