unctad.org | UNCTAD Public Symposium 2011: Making Trade and Finance Work for People and the Planet
UNCTAD Public Symposium 2011: Making Trade and Finance Work for People and the Planet
22 - 24 June 2011
Palais des Nations
Geneva, Switzerland

Key Issues

UPS2011_350x235.jpgFinancial and Monetary Reforms for Sustainable Development: Global and Regional Initiatives

What are the global and regional initiatives needed to avert new crises and make trade and finance work for full and productive employment, reduce inequalities and promote sustainable development?

The first high-level plenary session will examine various reform initiatives aimed at ensuring that the financial system does not cause more crises and exert undue pressure on public policy choices.

It will also examine how developing countries can encourage long-term investments to support new development paths aimed at accelerating sustained job creation, reducing inequalities, achieving food security and assisting the transition to environmentally sustainable economies.

It will examine whether the initiatives introduced since the crisis, at both the national and international levels, address the systemic weaknesses that have proved so damaging in recent years.

In addition, it will consider how the G-20 agenda for monetary reform, commodity market regulation and global governance reforms relate to proposals discussed in various forums at the United Nations and within civil society.

  • Are there elements of convergence and/or divergence?

  • What key areas (such as debt crises resolution mechanisms) are missing from the mainstream reform agenda?

  • How can global trade imbalances be tackled equitably?

  • What regional initiatives can complement or counter-balance initiatives at the global level and how can South-South cooperation be reinforced to this end?

This session will also be an opportunity to brainstorm on how the 2012 Thirteenth United Nations Conference on Trade and Development (UNCTAD XIII) can contribute fresh and innovative political impetus on these issues.


Making the transition to a green economy fair and equitable

How can the transition to a green economy, in the context of sustainable development and poverty eradication, be made fair at the national and international levels?

Building on the discussions of the opening day, this session will examine the challenges and opportunities involved in moving towards a "green economy, in the context of sustainable development and poverty eradication", which is one of the main themes decided by member States for the 2012 United Nations Conference on Sustainable Development (Rio+20).

The debates surrounding this theme provide an opportunity to radically rethink and reshape current development paths, which have too often been associated with jobless growth, rising inequalities and unsustainable resource use.

The question of a just transition is at the heart of whether the structural transformation implied in the concept of the green economy can be both politically acceptable nationally and internationally, and address the root causes of impoverishment.

  • What new vision (or development paradigm shift) can transform economic development dynamics in a manner that simultaneously pursues the goals of poverty eradication, full and decent employment and reducing inequalities, while at the same time promoting social and environmental regeneration and sustainability?

  • Does a successful Rio+20 outcome depend on meaningful progress on the United Nations financial and monetary reforms agenda?

The session will also be an opportunity to brainstorm on how UNCTAD XIII could play a strategic complementary role in unblocking some of the long-standing trade, financial and technology transfer issues that have remained points of contention on the sustainable development debate since the 1992 Rio Summit.

Language(s):English; French; Spanish; Chinese; Russian; Arabic;
Civil Society Outreach Unit,
Palais des Nations
8-14, Av. de la Paix
1211 Geneva 10
Covid-19 Advisory
Please consult the information on COVID-19 for meeting participants here.

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