PRESS BRIEFING BY MONICA GRAYLEY, SPOKESPERSON FOR GENERAL ASSEMBLY PRESIDENT MARÍA FERNANDA ESPINOSA
GA TO HOLD HIGH-LEVEL MEETING ON INTERNATIONAL DAY OF MULTILATERALISM AND DIPLOMACY
Next week, on 24 April, the President of the General Assembly will convene a one-day high-level plenary meeting to commemorate and promote the International Day of Multilateralism and Diplomacy for Peace.
The event will take place in the General Assembly Hall, in accordance with General Assembly resolution 73/127.
This will be an important opportunity to discuss the challenges of multilateralism and the way forward to strengthen the multilateral system for international peace, security and prosperity. More details will be announced soon.
PRESIDENT ESPINOSA MEETS WORLD BANK, IMF REPRESENTATIVES ON THE AGENDA 2030
President Espinosa concluded several meetings with representatives of Bretton Woods institutions on how to promote a better coordination of investments on financing for development yesterday.
Ms. Espinosa said that the concept of making the UN relevant to all is based on three principles: global leadership, shared responsibilities and collective actions. She explained that these principles must also be applied to financing the Sustainable Development Goals (SDGs) and the Agenda 2030.
The President of the General Assembly explained to participants at the meeting hosted by Canada’s Mission to the UN that there are: “Two crucial ingredients that are still missing from the 2030 Agenda: The institutional changes needed to deliver the (Sustainable Development) Goals and means to give stakeholders a meaningful say in decision-making and delivery.”
Ms. Espinosa believes that this year’s Financing for Sustainable Development Report makes recommendations to overhaul the global institutional architecture – such as revamping the multilateral trading system.
The PGA met representatives of the World Bank, the International Monetary Fund (IMF), and also the World Trade Organization (WTO) and the UN Conference on Trade and Development (UNCTAD), on Tuesday 16 April.
FINANCING FOR DEVELOPMENT: GLOBAL INVESTMENTS AND SDGs
I would like to correct a piece of information given in a reply to one of our colleagues here on the global investment needed annually to implement the Sustainable Development Goals.
The correct figure, according to the World Investment Report 2014 by the United Nations Conference on Trade and Development (UNCTAD) is between US 5 to 7 trillion dollars not US 6 billion dollars as previously mentioned.
This was a question related to the challenges of financing for development discussed in the Fourth Annual ECOSOC Forum on Financing for Development, which opened on Monday here in New York.
The PGA began her day with an informal meeting with the General Committee. Ms. Espinosa talked about improving working methods of the GA to better address current global challenges. This afternoon, the President will have a luncheon with representatives of Small Island Developing States (SIDS) and on building climate resilience.
The event is being hosted by the Permanent Mission of St. Vincent and the Grenadines and will be attended by the country’s Minister of Finance and Economic Planning, H.E. Camillo Gonsalves, as well as the Special Envoy for the 2019 Climate Action Summit, Ambassador Luis Alfonso de Alba, among other guests.
Later, Ms. Espinosa will meet the Steering Committee on Accessibility and take part in the interactive dialogue with the G77 plus China meeting at 3 pm. in the ECOSOC chamber.
This is all from us. Do you have any questions?