Second Committee

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.

With the adoption of the 2030 Agenda for Sustainable Development, the international community’s focus must shift from “what” to “how”, the Second Committee (Economic and Financial) heard today as it began its general debate for the seventieth session.

Andrej Logar, Permanent Representative of Slovenia to the United Nations, was elected Chair of the Second Committee (Economic and Financial) on 15 June 2015.

The Second Committee (Economic and Financial) of the United Nations General Assembly set forth its organization of work for the seventieth session this afternoon, taking up the mandate of predictability and transparency laid out in the recent Addis Ababa Accord.

The Second Committee (Economic and Financial) concluded its work today, approving eight draft resolutions, which were expected to be taken up by the General Assembly in the coming days ahead.