A/RES/73/240
Towards a New International Economic Order
global challenge and an indispensable requirement for sustainable development, its
commitment to achieving sustainable development in its three dimensions —
economic, social and environmental — in a balanced and integrated manner, and to
building upon the achievements of the Millennium Development Goals and seeking
to address their unfinished business,
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 leve ls
for sustainable development in the spirit of global partnership and solidarity,
Recalling the outcomes of the major United Nations conferences and summits
in the economic, social and related fields, including the development goals and
objectives contained therein, and recognizing the vital role played by those
conferences and summits in shaping a broad development vision and in identifying
commonly agreed objectives,
Stressing the need to fulfil all financing for development commitments,
including those contained in the Monterrey Consensus of the International
Conference on Financing for Development, 4 the Doha Declaration on Financing for
Development: outcome document of the Follow-up International Conference on
Financing for Development to Review the Implementation of the Monterrey
Consensus, 5 the Addis Ababa Action Agenda and other relevant outcomes of major
United Nations conferences and summits,
Noting that there have been systemic challenges to the global economic
architecture, demanding a review of global economic governance, calling for the
reform of the international financial system and the relevant institutions, broadening
and strengthening of the voice and participation of developing countries in
international economic decision-making and norm-setting and in global economic
governance, recognizing that it is important that the Interna tional Monetary Fund
continue to be adequately resourced, and supporting and reiterating its commitment
to further governance reform at both the Fund and the World Bank to adapt to changes
in the global economy,
Concerned about the multiple interrelated and mutually exacerbating current
global crises, in particular the world financial and economic crisis, volatile energy
and commodity prices, the food crisis and the challenges posed by climate change,
which have a negative impact on the development prospects of developing countries
and threaten to further widen the gap between developed and developing countries,
including the technological and income gap, and which could further undermine the
achievement of the internationally agreed development goals, incl uding the
Sustainable Development Goals,
Concerned also, in this regard, that, although certain regions have made some
progress, more than half of the workers in the developing world, about 1. 5 billion
people, live in vulnerable employment situations, tha t approximately one in five
people in the developing regions live on less than 1.25 United States dollars a day,
that 783 million people still live below the international poverty line and that the
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Report of the International Conference on Financing for Development, Monterrey, Mexico,
18−22 March 2002 (United Nations publication, Sales No. E.02.II.A.7), chap. I, resolution 1,
annex.
Resolution 63/239, annex.
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