Eradication of poverty and promotion of international trade are crucial to implementing the 2030 Agenda for Sustainable Development, speakers told the Second Committee (Economic and Financial) today as it continued its general debate.
Second Committee
Hampered by such obstacles as trade barriers, debt distress, food insecurity, climate change and meagre resources, the world’s poorest countries lagged furthest behind in reaching the Sustainable Development Goals, speakers told the Second Committee (Economic and Financial) today as it began its general debate.
The Second Committee (Economic and Financial) of the United Nations General Assembly held its first meeting of the seventy‑third session this morning, introducing the Bureau and approving its organization of work.
The Second Committee (Economic and Financial) elected Jorge Skinner‑Klee (Guatemala) as Chair on 5 June.
National financing frameworks for sustainable development and the impact of the fourth industrial revolution on financing in developing countries are among the issues to be addressed in the thematic chapter of the 2019 and 2020 reports of the Inter-Agency Task Force on Financing for Development, speakers said today in a joint meeting of the Economic and Social Council and the General Assembly’s Second Committee (Economic and Financial).
The Second Committee (Economic and Financial) today concluded its work for the main part of the General Assembly’s seventy‑second session, approving 14 draft resolutions including texts on macroeconomic policy questions.
The Second Committee (Economic and Financial) today approved 21 draft resolutions, including one stressing creditor and debtor nation responsibilities in avoiding the build-up of unsustainable debt to diminish the risk of crisis.
The Second Committee (Economic and Financial) today approved eight draft resolutions, including one calling on Israel to cease exploitation of the occupied Palestinian territory and Syrian Golan.
The Second Committee (Economic and Financial) met today to introduce 36 draft resolutions, including one highlighting the adverse effects of climate change, such as persistent drought, extreme weather, land degradation, sea level rise and retreat of mountain glaciers.
Reform activities must resolve the imbalance between core and non‑core funding and strengthen South‑South cooperation with respect for national sovereignty, speakers told the Second Committee (Economic and Financial) today as it took up its agenda item on operational activities for development.