The world is in the midst of multidimensional macroeconomic crises and urgently requires reform of the international financial system to ensure COVID‑19 recovery and sustainable development, United Nations experts and Member States warned today as the Second Committee (Economic and Financial) took up the issue.
As the twenty-seventh Conference of the Parties approaches, developed countries must deliver on their commitments on climate change, speakers told the Second Committee (Economic and Financial) as it continued its general debate today.
Developing countries are caught in a difficult situation as they must grapple with multidimensional crises including COVID-19 pandemic recovery, financing gaps, poverty and climate change, speakers told the Second Committee (Economic and Financial) today as it opened the general debate of its seventy-seventh session.
The Second Committee (Economic and Financial) of the United Nations General Assembly held its first meeting of the seventy-seventh session today, introducing the Bureau and approving its organization of work.
The Second Committee (Economic and Financial) elected Lachezara Stoeva (Bulgaria) Chair on 7 June.
As the COVID-19 pandemic, climate change and glaring inequities continue to wreak havoc on development, the General Assembly today adopted 37 resolutions and two decisions of its Second Committee (Economic and Financial) aimed at reversing setbacks and setting the global community back on track.
The Second Committee (Economic and Financial) today approved 16 resolutions and two decisions, voting on five of them, including one expressing profound alarm that greenhouse gas emissions continue to rise globally, as it concluded its seventy-sixth session.
The Second Committee (Economic and Financial) today approved 12 resolutions, voting on two of them, with one of the texts calling for enhancing the capacity of the World Trade Organization (WTO) to increase pandemic and disaster preparedness and resilience, as Member States strive to recover from COVID-19 and its impacts.
The Second Committee (Economic and Financial) today approved nine resolutions, voting on three of them, including one expressing deep concern over 1.3 billion people in 109 developing countries living in multidimensional poverty, with steep inequities in income, wealth and opportunities.
With the Committee for Programme and Coordination unable to reach consensus and recommend the approval of programme plans in 2021, delegates in the Second Committee (Economic and Financial) today exchanged differing views on the role of their Committee in addressing programme planning, following the General Assembly’s decision to allocate that agenda item to all its Main Committees and the Plenary.
