Role of the United Nations in promoting development in the context of globalization and interdependence A/RES/72/227 scientific and technological innovation across areas as diverse as medicine and energy, Reaffirming the commitment to eradicate poverty and hunger in all its forms and dimensions and promote sustained, inclusive and equitable growth, sustainable development and global prosperity for all and to promote the development of the productive sectors in developing countries to enable them to participate more meaningfully and effectively in and benefit from the process of globalization, Recognizing that the international multilateral system should continue to support sustainable development in all countries, particularly in relation to sustained, inclusive and sustainable economic growth, job creation and the efforts of developing countries to eradicate poverty and hunger and achieve environmental sustainability, and should continue to promote good governance and the rule of law at all levels, Expressing concern about the adverse impact of the continuing fragility of the global economy and the slow pace of restoration of global growt h and trade, including on development, cognizant that the global economy remains in a challenging phase, with many downside risks, including net negative capital flows from some emerging and developing economies, continued low commodity prices, high unempl oyment, particularly among young people, and rising private and public indebtedness in many developing countries, and stressing the need for continuing efforts to address systemic fragilities and imbalances and to reform and strengthen the international fi nancial system while implementing the reforms agreed upon to date in order to attend to those challenges and make progress towards sustaining global demand, Reiterating the pledge that no one will be left behind, reaffirming the recognition that the dignity of the human person is fundamental and the wish to see the Goals and targets met for all nations and peoples and for all segments of society, and recommitting to endeavour to reach the furthest behind first, Recommitting to ensuring that no country or person is left behind and to focusing our effort where the challenges are greatest, including by ensuring the inclusion and participation of those who are furthest behind, 1. Takes note of the report of the Secretary-General entitled “Fulfilling the promise of globalization: advancing sustainable development in an interconnected world”; 1 2. Reiterates the need for inclusive, transparent and effective multilateral approaches to managing global challenges, and in this regard reaffirms the central role of the United Nations system in ongoing efforts to find common solutions to such challenges; 3. Reaffirms the need for the United Nations to play a fundamental role in the promotion of international cooperation for development and the coherence, coordination and implementation of development goals and actions agreed upon by the international community, and reiterates its commitment to strengthening coordination within the United Nations in close cooperation with all other multilateral financial, trade and development institutions in order to support sustainable development in the context of the 2030 Agenda for Sustainable Development; 2 4. Notes the important efforts undertaken nationally, regionally and internationally to respond to the challenges posed by the financial and economic crisis, and recognizes that more needs to be done in order to promote the economic recovery, address turbulence in global financial and commodity markets, tackle high __________________ 1 2 17-23302 A/72/301. Resolution 70/1. 3/5