A/RES/74/204 Commodities in some countries, particularly developing countries, and that commodity exporters are particularly hard hit owing to their continued adjustment to a sharp step -down in foreign earnings, recognizing that, while short-term risks are broadly balanced, medium-term risks are still tilted to the downside, and in this regard stressing the need for continuing efforts to address systemic fragilities and imbalances, to reform and strengthen the international financial system and to make further progress towards sustaining and rebalancing global demand, Recognizing the adverse impact of excessive price volatility of commodities, especially on women, girls, young people and people in vulnerable situations, Recognizing also that the structural constraints that women face as economic agents, including segmentation in low-value-added or subsistence-oriented work, unequal access to productive resources, limited access to training and skill -building due to gender segmentation in education and labour markets and a lack of resources, as well as the heavy burden of unpaid work, make women and girls especially vulnerable to the adverse impact of excessive price volatility of commodities, Stressing the importance of policies to address longer-term structural issues, including structural constraints faced by women as economic agents, to diversify commodity economies and to integrate commodity policies into wider development and poverty eradication strategies at all levels, Recognizing that uncertainty in global commodity markets reinforces the need to comprehensively deal with the commodity problematique, inter alia, the demand for commodities, supply capacities, commodity revenues and investments in commodity-dependent economies, while taking due account of the diversity of each country’s individual situation and needs and the promotion of their sustainable development, and to strengthen the nexus between, inter alia, trade, finance, investment in sustainable agriculture and food systems, energy and industrialization, Noting the work on consensus-building on commodity-related issues achieved through meetings of the United Nations Conference on Trade and Development, including the multi-year expert meetings on commodities and development, the Global Commodities Forum and the African Oil, Gas and Mines Trade and Finance Conference and Exhibition, Underlining the importance of timely, accurate and transparent information to ensure the proper functioning of food commodity markets, in accordance with the 2030 Agenda, noting global and regional initiatives, including the Agricultural Market Information System and its Rapid Response Forum, the joint organization data initiative and other regional data platforms and programmes, and urging the participating international organizations, private sector actors and Governments to ensure the public dissemination of timely and quality food market information products, Expressing deep concern at the adverse impact of climate change and extreme weather patterns on access to, and the utilization and prices of, agricultural commodities, while recognizing the important role of land and sustainable land management in the climate system, 1. Takes note of the report of the Secretary-General on world commodity trends and prospects; 14 2. Recognizes the interlinkage between the adequate and transparent functioning of commodity markets and the capacity of some commodity-dependent developing countries to collect appropriate fiscal revenues from commodi ty exports __________________ 14 4/8 A/74/232. 19-22417

Select target paragraph3