United Nations Conference on the World Financial and Economic Crisis and its Impact on Development

Clip Art0020Early in May several NGOs urged their members to write to their government leaders and and urge them to personally attend the United Nations Conference on the World Financial and Economic Crisis and its Impact on Development, originally scheduled for June 1-3, here in New York.  Only occasionally do we get to see results from the letters and emails we send to government officials but it is clear that our our action in May is having an impact. The US Mission to the UN indicated that more that 700 letters were received on this topic!

The impact of the global financial and economic crisis continues to cut deeper into the economies of the world, especially in the so-called developing world. Since the beginning of May government representatives at the UN have been meeting regularly to negotiate the text of an outcome document for the UN Conference on the World Financial and Economic Crisis and its Impact on Development now scheduled for the 24th-26th June 2009.


One of our  NGO colleagues, who has been monitoring the current negotiations, reports the following:

  • Areas of considerable agreement among the governments: need follow up reform process beyond conference itself; UN is legitimate forum as all countries represented; need improve current system and address needs of the poorer countries; keep focus on people-centered development
  • Areas needing further clarification before any agreement: naming the root causes of the crisis; has economic growth brought benefits to those living in poverty?
  • Areas of marked differences: G77 (developing countries) want to address role of specific developed countries and the international financial institutions (IFIs) in current crisis and see as essential reform of the IFIs; EU and US (developed economies) hesitant to affirm these

For more information and references: http://www.un.org/ga/econcrisissummit/webcast.shtml; http://www.un-ngls.org

The sessions of the Conference will be webcast, cf. http://www.un.org/ga/econcrisissummit/webcast.shtml

The upcoming summit from the perspective of the General Assembly. http://www.un.org.ga/econcrisissummit/

The summit from the perspective of the NGOs working on Financing for Development. http://www.FfDngo.org

Center of Concern response to G-20 meeting: http://www.coc.org/node/6370

OXFAM analysis of G-20 meeting: http://www.oxfam.org/en/policy/what-happened-g20

Take Action!

Even if you acted in May, please send another letter to your government leader: Below is a sample letter to President Obama

Dear President Obama:

We are writing to urge you to attend the United Nations Conference on the World Financial and Economic Crisis and its Impact on Development that will be held from the 24th to 26th of June 2009 in New York.

Your message of hope and change has inspired people across the globe, but this current crisis has shattered many people’s hope for a better future, replacing it with despair.  Developing countries are suffering disproportionately from this crisis for which they bear the least responsibility, and we believe, as you do, that peace, stability and prosperity are inextricably linked.

The responses currently proposed by the G20 are not sufficient to address the root causes of this complex crisis. And we know that real recovery for the global economy must include input from the developing world.  This crisis may be the impetus for transformational change, but such change requires strong leadership.  Your presence and input could make a tremendous difference and move us closer to a more equitable and sustainable global economic structure.


Email the White House:

You can also call or fax:
Phone Numbers
Comments: 202-456-1111
FAX: 202-456-2461
Comments: 202-456-6213


One thought on “United Nations Conference on the World Financial and Economic Crisis and its Impact on Development”

  1. Well done. I am glad that pressure was brought to bear on developed nation’s Governments. I saw some disappointing comments on the results of the UN Finance Summit. We have an event in the UK Parliament on July 13th that will include comment on this Summit. http://bit.ly/fFfhB
    The UN Press Release before the Summit included a comment that up to an additional 2.8 million children would die because of the effect of the economic crisis. http://bit.ly/AFZXx
    That is really tragic. Please keep up the good work.
    Robin Marsh

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