National financing frameworks for sustainable development and the impact of the fourth industrial revolution on financing in developing countries are among the issues to be addressed in the thematic chapter of the 2019 and 2020 reports of the Inter-Agency Task Force on Financing for Development, speakers said today in a joint meeting of the Economic and Social Council and the General Assembly’s Second Committee (Economic and Financial).
The Second Committee (Economic and Financial) today concluded its work for the main part of the General Assembly’s seventy‑second session, approving 14 draft resolutions including texts on macroeconomic policy questions.
The Second Committee (Economic and Financial) today approved 21 draft resolutions, including one stressing creditor and debtor nation responsibilities in avoiding the build-up of unsustainable debt to diminish the risk of crisis.
The Second Committee (Economic and Financial) today approved eight draft resolutions, including one calling on Israel to cease exploitation of the occupied Palestinian territory and Syrian Golan.
The Second Committee (Economic and Financial) met today to introduce 36 draft resolutions, including one highlighting the adverse effects of climate change, such as persistent drought, extreme weather, land degradation, sea level rise and retreat of mountain glaciers.
Reform activities must resolve the imbalance between core and non‑core funding and strengthen South‑South cooperation with respect for national sovereignty, speakers told the Second Committee (Economic and Financial) today as it took up its agenda item on operational activities for development.
Israeli occupation and natural resource exploitation continued to hamper social and economic development in the occupied State of Palestine and the Syrian Golan, speakers told the Second Committee (Economic and Financial) as it discussed those territories today.
Agreeing that strategic partnerships were vital in financing development goals, speakers also highlighted the need for transparent business principles and respect for national priorities, as the Second Committee (Economic and Financial) took up global partnerships today.
Accelerated efforts to address rapid urbanization would be necessary in implementing the New Urban Agenda and realizing the Sustainable Development Goals, delegates said today, as the Second Committee (Economic and Financial) took up the United Nations Human Settlements Programme (UN‑Habitat).
Speakers stressed the need to increase official development assistance (ODA), build infrastructure, widen export bases and stimulate trade in least developed and landlocked developing countries, as the Second Committee (Economic and Financial) took up groups of countries today.
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