Developing countries must have their voices heard in international financial institutions, delegates in the Second Committee (Economic and Financial) heard today, as it continued its discussion on macroeconomic policy questions.
In progress at UNHQ
Second Committee
Israel continued to strangulate the development aspirations of Palestinian people through myriad systematic campaigns to extract and exploit natural resources in the occupied Palestinian territories and the Golan, the Second Committee (Economic and Financial) was told today.
Capturing illicit financial flows could provide a “hidden resource” for funding development, delegates heard today at a joint meeting of the Second Committee (Economic and Financial) and the Economic and Social Council.
Terrorism and climate change go hand in hand in delaying, and in some cases destroying, development gains, the Second Committee (Economic and Financial) heard today as it concluded its discussion on sustainable development.
As it began its discussion of sustainable development, the Second Committee (Economic and Financial) emphasized that the need for an effective global response to climate change could not be overstated.
Economic stagnation and lacklustre recovery from the global economic crisis had revealed dysfunction in international organizations and the need to reform unequal power structures, the Second Committee (Economic and Financial) was told today as it took up consideration of “Globalization and interdependence”.
As the Second Committee (Economic and Financial) met today to consider poverty eradication, delegates debated the merits of rural and industrial development in achieving that.
Transition from the Millennium Development Goals to the 2030 Agenda for Sustainable Development required support tailored to “our changing needs and priorities”, the representative of Maldives told the Second Committee (Economic and Financial) as it took up its agenda item on operational activities today.
The work of the Second Committee (Economic and Financial) must be aligned with the 2030 Agenda on Sustainable Development, the Committee heard today as it conducted a discussion on its working methods after concluding its general debate.
As the Second Committee (Economic and Financial) continued its general debate today, African Member States, both least developed and middle-income, stressed the need to implement a new development agenda “without the burden of the past”, as they called on wealthy nations to restructure debt.