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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a4bc150cbf4b
DTSTART:20230512T120000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20230512T133000Z
LOCATION:Hybrid\, Switzerland
SUMMARY:Panel discussion: How can finance and trade work for people and the
  planet? 
CLASS:PUBLIC
DESCRIPTION:How Can Finance and Trade Work for People and the Planet? \n\nB
 riefing and Discussion with the High-Level Advisory Board on Effective Mul
 tilateralism\n\n \n\nOn 18 April\, the High-Level Advisory Board on Effec
 tive Multilateralism (HLAB) published its independent report\, laying out 
 a bold set of steps needed to achieve the Secretary-General’s “breakth
 rough” scenario in his Our Common Agenda. That scenario depends\, critic
 ally\, on rebuilding trust in the multilateral system with the United Nati
 ons at its core. While trust has been lost through various channels\, wide
 ning socio-economic gaps\, within and across countries\, have become a dee
 ply corrosive force in recent years.\n\nNot surprisingly\, some of the mos
 t important and impactful recommendations of the report concern the govern
 ance of the international economic system. For example\, the report calls 
 for a repurposing of the multilateral development banking system to cataly
 ze a new wave of public and private investments in global public goods\, d
 evelopment\, and inclusivity.\n\nIt also calls for an overhaul of Special 
 Drawing Rights\, significant changes in the governance of the World Bank\,
  a strengthening of the global debt architecture\, and a major review of g
 lobal financial regulations.\n\nOn the environment\, the HLAB calls for a 
 massive investment in green energy\, alongside changes to the treatment of
  green technology in the global trade and Intellectual Property systems.\n
 \nThese recommendations are currently being considered by Member States\, 
 social partners\, civil society organizations\, and private sector actors\
 , in the context of preparations for the 2024 Summit of the Future. If imp
 lemented\, the Geneva-based organizations will have to take a lead on refo
 rms of trade\, finance\, and intellectual property.\n\nTo discuss the HLAB
  report and its finance and trade recommendations\, UN University Centre f
 or Policy Research\, UNCTAD\, and the ILO are co-hosting an expert panel e
 vent on 12 May from 14:00-15:30. Panelists will include:\n\n\nJayati Ghosh
 \, Professor at the University of Massachusetts Amherst and member of the 
 High-Level Advisory Board\;\nAdam Day\, Head of UN University Centre for P
 olicy Research in Geneva\, and co-lead of the HLAB’s Secretariat\; and\n
 Xolelwa Mlumbi-Peter\, Ambassador of South Africa to the WTO\nJosefina BUN
 GE\, Deputy Permanent Representative of Argentina to the United Nations Of
 fice in Geneva\nSangheon Lee\, Director\, Employment Policy\, Job Creation
  and Livelihood Department\, ILO\nRichard Kozul-Wright\, Director\, Divisi
 on on Globlisation and Development Strategies\, UNCTAD (Moderator)\n\n\nTh
 e format will be a brief overview of the HLAB report by Adam Day\, followe
 d by a briefing on the financial recommendations by Jayati Ghosh and a rea
 ction by the panelists. This will be followed by an interactive session wi
 th the audience.\nhttps://www.un.org/en/common-agenda\n\nView meeting on u
 nctad.org\nhttps://unctad.org/meeting/panel-discussion-how-can-finance-and
 -trade-work-people-and-planet
DTSTAMP:20260706T145304Z
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