Second United Nations Decade for the Eradication of Poverty (2008–2017) A/RES/70/218 Reaffirming also its resolution 69/313 of 27 July 2015 on the Addis Ababa Action Agenda of the Third International Conference on Financing for Development, which is an integral part of the 2030 Agenda for Sustainable Development, supports and complements it, helps to contextualize its means of implementation targets with concrete policies and actions, and reaffirms the strong political commitment to address the challenge of financing and creating an enabling environment at all levels for sustainable development in the spirit of global partnership and solidarity, Recognizing that the importance of the eradication of poverty in all its forms and dimensions, including extreme poverty, is the greatest global challenge and an indispensable requirement for sustainable development, Concerned at the global nature of poverty and inequality, underlining the fact that the eradication of poverty and hunger is an ethical, social, politi cal and economic imperative of all humankind, and in this regard recognizing that there is a need to better understand the multidimensional nature of development and poverty, Reaffirming that each country faces specific challenges in its pursuit of sustainable development, that the most vulnerable countries and, in particular, African countries, the least developed countries, landlocked developing countries and small island developing States deserve special attention, as do countries in situations of conflict and post-conflict countries, and that there are also serious challenges within many middle-income countries, Expressing concern about the adverse impact of the consequences of the world financial and economic crisis, including on development, and evidence of an uneven, fragile and slow recovery, cognizant that the global economy, notwithstanding significant efforts that helped to contain tail risks, improve financial market conditions and stability and sustain recovery, still remains in a challenging phase, with downside risks, including high volatility in global markets, excessive volatility of commodity prices, high unemployment, particularly among young people, unsustainable debt in some countries and widespread fiscal strains, which pose challenges for global economic recovery and reflect the need for additional progress towards sustaining and rebalancing global demand, and stre ssing the need for continuing efforts to address systemic fragilities and imbalances and to reform and strengthen the international financial system while implementing the reforms agreed upon to date, Reaffirming that climate change is one of the greatest challenges of our time, that its adverse impacts undermine the ability of all countries to achieve sustainable development, that increases in global temperature, sea level rise, ocean acidification and other climate change impacts are seriously affecting coastal areas and low-lying coastal countries, including many least developed countries and small island developing States, and that the survival of many societies and of the biological support systems of the planet are at risk, further threaten ing food security and efforts to eradicate poverty and achieve sustainable development, and thus requir ing urgent action to maintain, preserve and sustain the development gains achieved in the past decades, Concerned that, past the midway point of the Second United Nations Decade for the Eradication of Poverty (2008–2017), while there has been progress in reducing poverty, especially in some middle-income countries, such progress has been uneven, with the number of people living in poverty in its different forms and dimensions continuing to increase and inequalities to rise in some countries, with 3/12

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