Faced with mounting debt, rising financial constraints, dwindling foreign investment and illicit financial flows, speakers in the Second Committee (Economic and Financial) urged international actors to address and reverse pernicious obstacles to achieving the Sustainable Development Goals (SDGs).
In progress at UNHQ
Trade and development
The UN, along with humanitarian aid partners, last night launched a response plan calling for $9 million to support 43,000 people impacted by Hurricane Beryl in Grenada and Saint Vincent and the Grenadines. Immediate action is crucial, particularly in light of what is expected to be a very intense hurricane season.
Following are UN Secretary-General António Guterres’ remarks to the Global Leaders Forum for the sixtieth anniversary of UN Trade and Development (UNCTAD), in Geneva today:
The United Nations Conference on Trade and Development (UNCTAD) released a report today on how attacks on Red Sea shipping are reshaping global trade routes. Higher fuel consumption from rerouted trade could result in a 70 per cent rise in greenhouse-gas emissions for these trips, and shipping costs have skyrocketed.
In Sudan, the UN refugee agency reports that 4.5 million people have been internally displaced, while 1.2 million others have fled to Chad, Egypt and South Sudan, as well as Ethiopia and the Central African Republic. That is almost 6 million people who have been forced to move since the start of fighting in April.
In Afghanistan, the UN Office for the Coordination of Humanitarian Affairs reports that aftershocks continue three days after the earthquake which struck Herat Province and affected over 12,000 people. The UN and its partners are on the ground providing emergency food, shelter, health care and household aid.
The UN Conference on Trade and Development’s newly released Trade and Development Report 2023 warns of a stalling global economy this year, with growth slowing in most regions and only a few countries bucking the trend. The agency calls for a change in policy direction and institutional reforms to avert a lost decade.
Deputy Secretary-General Amina Mohammed marked the tenth anniversary of Malala Yousafzai’s iconic speech at the United Nations with a special event on Malala Day at the UN House in Nigeria. Introducing Malala, she said despite progress, the world remains far from ensuring all girls have access to equal, quality education.
The World Health Organization announced today that 12 countries across different regions in Africa are set to receive 18 million doses of the first-ever malaria vaccine over the next two years. The roll-out is a critical step forward in the fight against one of the leading causes of death on the continent.
United Nations Secretary-General António Guterres, in consultation with the Secretary-General of United Nations Conference on Trade and Development (UNCTAD), Rebeca Grynspan, has appointed Pedro Manuel Moreno of Spain as Deputy Secretary-General of UNCTAD.