Multilateralism and a stable, inclusive international trade environment are crucial to developing countries, while growing debt threatens their progress in sustainable development, speakers told the Second Committee (Economic and Financial) today during debate on macroeconomic policy questions.
In progress at UNHQ
Second Committee
Describing climate change as one of the greatest threats facing humanity in their time, delegates urged the international community to reduce greenhouse gas emissions, conserve forests, monitor water sources and honour pledges made in the Paris Agreement, as the Second Committee (Economic and Financial) concluded its general debate today.
Wealth inequality, inadequate international financing and reduced official development assistance (ODA) continue to hamper developing countries in progressing towards implementing the 2030 Agenda for Sustainable Development, speakers told the Second Committee (Economic and Financial) as it began its general debate today.
The Second Committee (Economic and Financial) of the United Nations General Assembly held its first meeting of the seventy‑fourth session today, introducing its Bureau and approving its organization of work.
The Second Committee (Economic and Financial) elected Cheikh Niang (Senegal) as Chair on 4 June 2019. (See Press Release GA/12149.)
The General Assembly would express concern that virtual assets are increasingly being used for illicit activities in 1 of 11 draft resolutions and a draft decision the Second Committee (Economic and Financial) today approved as it concluded its work for the main part of the General Assembly’s seventy-third session.
Enhancing and expanding developing countries’ access to pro‑poor technologies are among a range of targeted measures the General Assembly would promote, according to the provisions of 1 of 12 draft resolutions the Second Committee (Economic and Financial) approved today.
The General Assembly would express profound alarm that greenhouse gas emissions continue to rise worldwide and remain deeply concerned that all nations are experiencing an increase in adverse impacts of climate change, according to one of eight draft resolutions the Second Committee (Economic and Financial) approved today.
The Second Committee (Economic and Financial) today introduced one draft resolution and approved four, including a text stressing the positive role entrepreneurship plays in driving job creation, reducing inequalities and expanding opportunities for all.
The Second Committee (Economic and Financial) today introduced 31 draft resolutions and approved five of them, including one calling on Israel to cease its occupation of the Palestinian Territory and Syrian Golan.