66th Session of Second Committee Concluded

The Economic and Financial Committee (Second Committee), chaired by H.E. Mr. Abulkalam Abdul Momen of Bangladesh, held its 66th session from 16 September to 9 December

This year’s meeting focused on a range of macroeconomic policy questions and economic development issues, such as, financing for development, sustainable development, human settlements, poverty eradication, globalization and interdependence, operational activities for development, and information and communication technologies for development.

By the conclusion of this year’s session, the Second Committee approved a total of 46 draft resolutions. The approved texts confirmed the Committee’s resolve to address the global and financial economic crisis. Also, for the first time this year, the Committee had co-hosted two high-level joint events with the Economic and Social Council — one of which had featured Nobel Laureate Joseph Stiglitz discussing the sovereign debt crisis.

The Committee had also given a strong signal to the Seventeenth Conference of Parties to the United Nations Framework Convention on Climate Change, and to the UN Conference on Sustainable Development, Rio+20, through its agreement on a cluster of issues under the sustainable development cluster.

The Committee added the item “People’s empowerment and a peace-centric development model” to the agenda, recognizing the interconnection between development, peace, security, and human rights.

In accordance with the on-going process of revitalization of the General Assembly, the Second Committee is engaged in updating its working methods and practices in order to improve the quality of debates and the impact of their deliberations and decisions. As in previous sessions, the Committee held a dialogue with the Executive Secretaries of the Regional Commissions as well as schedule a number of side events as part of its programme of work.

For more information: http://www.un.org/en/ga/second/index.shtml