Stronger joint action of UN, international financial institutions urged at development forum
22 April 2013 – Poverty reduction, trade growth and job creation require greater coordination between the United Nations and the Bretton Woods institutions, the head of the Economic and Social Council (ECOSOC) today urged at the opening of a special high-level meeting on sustainable development and the post-2015 development agenda.

Given the current high unemployment, geopolitical tensions and the possibility of a climate shock, there was a need for “more forceful and concerted policy actions at both national and international levels to mitigate major risks and ensure a stronger and sustained economic recovery,” ECOSOC President, Néstor Osorio said.

The meeting in New York, under the theme of ‘Coherence, coordination and cooperation in the context of financing for sustainable development and the post-2015 development agenda’, brought ECOSOC together with the UN Conference on Trade and Development (UNCTAD), World Trade Organization (WTO), the World Bank and the International Monetary Fund (IMF).

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