financing for development

Protect the world from sliding into global recession, urges UN chief

The economic and social consequences of the COVID-19 pandemic “are as bad as we feared”, the UN Secretary-General said, as he warned that the international community must act now if it is stave off a global recession, which could wipe out decades of development gains. 

Governments urged to protect poor against modern slavery, step up development financing

Unless governments act now, millions of the world’s most vulnerable people could be pushed into contemporary forms of slavery and other exploitation due to the COVID-19 pandemic, a UN independent human rights expert has said.