Small island developing states (SIDS) must receive financial and international support if they are to recover from the COVID-19 pandemic and natural disasters, the President of the UN Economic and Social Council (ECOSOC), Munir Akram, said on Friday.
As the world grapples with the devastating economic and social consequences of the COVID-19 crisis, the UN’s labour agency launched ILO Green Week to explore what a green future of work could look like, and how we can get there.
The COVID-19 pandemic is leading to “an even more unequal world”, the Deputy UN chief said on Thursday, speaking at the closing session of the Financing for Development (FfD) Forum, with many lower-income countries now seeing development gains reversed.
A “paradigm shift” aligning the private sector with the global goals is needed to address the challenges of the future, including those triggered by COVID-19, the UN chief said on Monday, addressing the Financing for Development (FfD) Forum.
The UN and international partners working to support a lasting peace and democratic election process across Somalia, said on Sunday that they were highly concerned by the current situation there, calling on Somali leaders to “prioritize the national interest” and resolve their political impasse.
The COVID-19 pandemic has caused unprecedented public health, economic and social crises, threatening the lives and livelihoods of millions and exacerbating inequalities throughout the world, the World Bank said at the COVID-19: Vaccines for Developing Countries event on Friday.
Around one in eight nations spends more on debt than on social services, according to a new report from the UN Children’s Fund (UNICEF) launched on Thursday, calling for debt service relief and restructuring to enable countries to bounce back from the pandemic.
Though significant steps have been taken to prevent debt crises across the world sparked by the COVID-19 crisis, they have not been sufficient to restore economic stability in many developing countries, according to a policy brief issued by the UN Secretary-General on Monday.