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Global crisis present unique opportunity: UN

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Agencies

Posted: Mar 10, 2009 at 1243 hrs IST

New York The enormous challenges facing the world as a result of ongoing financial crisis present a unique opportunity to forge a new partnership for governance of the world economy, the chief of the United Nations' development arm has said.

Addressing the Committee for Development Policy, Sha Zukang, Under-Secretary-General for Economic and Social Affairs, said the worst economic crises since the great depression have thrown many more people into poverty.

The Committee for Development Policy consisting of 24 experts with diverse development experience who advise the Economic and Social Council opened its 11th session Monday, focusing on the achievement of international goals in public health.

"But they also present a unique opportunity for the United Nations and, in particular, the Economic and Social Council, to provide leadership in addressing the crisis," Zukang said.

For that purpose, he told the Committee, "the quality and relevance of the work of ECOSOC need to be strengthened further."

In the area of public health, he noted that developing countries have recently made significant strides towards achieving the health-related Millennium Development Goals (MDGs), ambitious targets to eliminate or drastically slash poverty and other ills by 2015.

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