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Human settlements

The United Nations Conference on Trade and Development (UNCTAD) today released a report warning that monetary and fiscal policy moves in advanced economies risk pushing the world towards global recession and prolonged stagnation, inflicting worse damage than the financial crisis in 2008 and the COVID-19 shock in 2020.

The Secretary-General expressed his shock and sadness today over the heinous mass shooting that took place at an elementary school in Uvalde, Texas, saying it is particularly heart-wrenching that most of the victims are children.  He extends his heartfelt condolences to the families and loved ones of the victims and to the entire community.

ECOSOC/7077

With more than half the world’s people living in cities and the fastest population growth projected to take place in urban settings, sustainable development will hinge on how countries manage urbanization, the Economic and Social Council President told delegates today, as he opened the special meeting on the New Urban Agenda amid calls for tackling the deep inequities exposed by the COVID-19 pandemic.