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Foreign Ministers of Latin America and the Caribbean Ratified their Commitment to Multilateralism and Advocated for Urgent Reform of the International Financial Architecture at ECLAC’s Meeting in Peru

9 Oct 2024 | News

In a context of multiple global crises, foreign ministers and senior authorities from Latin America and the Caribbean and other member countries of ECLAC ratified today their commitment to multilateralism, regional cooperation and implementation of the 2030 Agenda for Sustainable Development, and they reiterated the urgent need to reform the multilateral system and the international financial architecture so that this eminently middle-income region can access adequate financing for moving towards more productive, inclusive and sustainable development. The Dialogue of Ministers of Foreign Affa…

Experts Call for New Rules to be Defined on Financing for Development

14 Jul 2015 | News

There is an urgent need to define new rules for financing sustainable development in the world, participants in the side event Regional Perspectives on Implementing an Ambitious, Transformative Sustainable Development Agenda agreed. The event was hosted on Tuesday, July 14 by the five United Nations regional commissions, of which ECLAC is one, in Addis Ababa, Ethiopia. During the event—which took place in the framework of the Third International Conference on Financing for Development, being held through July 16 in Ethiopia—the U.S. economist and Nobel Prize winner Joseph Stiglitz called for “…

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