Press Conferences

Press Conference by ECOSOC President

The President of the United Nations Economic and Social Council (ECOSOC), Munir Akram, holds an end-of-year press briefing, “Face to Face”.
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Equitable distribution of COVID-19 vaccines will represent an “acid test” for the international community, the President of the UN Economic and Social Council (ECOSOC) told journalists on Wednesday, highlighting the importance of global cooperation and solidarity in beating back the disease.

Speaking during a virtual press briefing, ECOSOC President Munir Akram also outlined objectives for the coming year, including plans for a facility to support infrastructure investment in developing countries, and forums to examine issues critical to recovery and achieving sustainable development.

Mr. Akram, who is Pakistan’s Ambassador to the UN, stressed that COVID-19 vaccines must be viewed as “a global public good” and thus accessible to everyone, everywhere.

He highlighted the groundbreaking international collaboration working to achieve this goal, known as the COVAX Facility, but stated it ultimately was a question of political will whether the entire global population will receive vaccines.

“It is up to governments to be able to decide that they will allocate a portion of the vaccine production for other countries: for developing countries, for the vulnerable in developing countries,” he said, responding to a journalist’s question.

“This will be an acid test, and certainly we as developing countries, as international actors here at the United Nations, we must press for this equity.”

ECOSOC is one of the UN’s six main organs and promotes peace through international economic cooperation.

Mr. Akram detailed how the pandemic is having deep impacts globally, but especially in the world’s poorest countries, meaning the international community must fight both the virus and its consequences.

He said this calls for an emergency response to mobilize financing for poorer nations, and to support the COVAX Facility and the Secretary-General’s Global Humanitarian Response Plan, both of which are facing significant funding shortfalls.

But he also emphasized the need for broader structural change to address inequality globally.

“Another important aspect of structural change is the need for investment in sustainable infrastructure”, said Mr. Akram.

“If we are to build back better, as the Secretary-General has said, and to build a new green economy which prevents and avoids the climate disaster that is facing us, we need to invest in sustainable infrastructure and to move away from the fossil fuel economy.”

The ECOSOC President has proposed the creation of a public-private partnership to accelerate investment in sustainable infrastructure in developing countries. Consultations are currently underway.

The facility would also utilize the UN’s Resident Coordinator system: a vast network of agencies working on development issues in more than 130 nations worldwide.

“They are excellent instruments to be able to identify the possible infrastructure projects, to help the developing countries build the capacity to formulate good pre-feasibility and feasibility studies for those projects, and the facility would be designed to find the right partners for those projects in the investment world”, he said.

Mr. Akram announced that ECOSOC will convene several forums next year where it is hoped countries will make “ambitious decisions” to respond to the fallout from the pandemic, and to address climate change and achieving the SDG targets.

The meetings will include a Financing for Development Forum in April, with the Science, Technology and Innovation Forum taking place the following month, culminating with the annual High-Level Political Forum in July.

For further details please see SOURCE below.
UN NEWS

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