Speakers stressed the need to increase official development assistance (ODA), build infrastructure, widen export bases and stimulate trade in least developed and landlocked developing countries, as the Second Committee (Economic and Financial) took up groups of countries today.
The world was not on track to eradicate hunger and malnutrition by the international community’s goal of 2030, the Second Committee (Economic and Financial) heard today from many speakers as it took up agriculture development, food security and nutrition.
Middle-income countries had initially reaped globalization’s benefits, but were now suffering from the so-called “megatrends” of labour market shifts, rapid technological advances and climate change, speakers said today as the Second Committee (Economic and Financial) took up globalization and interdependence.
Domestic job creation, education and social protection were crucial in strengthening national economic situations, the Second Committee (Economic and Financial) heard today as it concluded its debate on the eradication of poverty.
New technology would be central to achieving development goals, with artificial intelligence (AI) leveraged to process data on health, commerce, communications and transportation, entrepreneur Stephen Ibaraki told a joint session of the Second Committee (Economic and Financial) and the Economic and Social Council today.
Countries were striving to combat climate change and support economic development at the national level, but greater international assistance was required to achieve the 2030 Agenda, speakers said today as the Second Committee (Economic and Financial) concluded its debate on sustainable development.
Most large-scale disasters were climate-related, with devastating floods, droughts and storms doubling over the last four decades, a United Nations official told the Second Committee (Economic and Financial) as it took up sustainable development today.
A more equitable trading system and the cessation of unilateral sanctions would be critical to achieving sustainable development, speakers told the Second Committee (Economic and Financial) today during its debate on macroeconomic policy questions.
Traditional funding for development was insufficient due to the global economic and trade slow-down as well as persistent natural hazards, especially in small, vulnerable and highly indebted economies, Jamaica’s representative told the Second Committee (Economic and Financial) today, as it continued its general debate.
Eradication of poverty and adherence to financial commitments were crucial in improving the global economic infrastructure, speakers told the Second Committee (Economic and Financial) today, as it began its general debate.
