Development
Debt and financial architecture at UNGA 81
Raised by 79 of 223 speakers. Read verbatim UN transcript quotes and select a time to hear the speech.
Speeches that raised debt and financial architecture
Belize · Day 5John BriceñoThe loss of biodiversity weakens the forest, reefs and mangroves on which our economies depend.
These pressures unfold alongside armed conflict, disrupted supply chains, declining official development assistance, and rising debt.
Households face higher food and energy bills.
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Jamaica · Day 5Kamina Johnson SmithAnd the international financial architecture must finally recognize what SIDS have so long argued.
Income alone does not and cannot measure vulnerability.
A country does not become less vulnerable to hurricanes and other natural disasters because its per capita income has crossed an arbitrary threshold.
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Philippines · Day 5Ma. Theresa LazaroWe call for the effective implementation of the Paris Agreement, the full operationalization of the Fund for Responding to Loss and Damage, and strengthened implementation of the Sendai Framework.
Put a face to the pursuit of sustainable development With the 2030 agenda less than four years away, only 36% of accessible SDG targets are on track.
Achieving these goals requires renewed political will, stronger partnerships with the private sector, reform of the international financial architecture, and a United Nations development system responsive to the evolving needs and priorities of developing countries.
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Micronesia (Federated States of) · Day 5Aren PalikMr. President, we must implement the Multidimensional Vulnerability Index, MVI, into a modern, coherent, and responsive system that moves decisively from concept to practice.
Doing so would unlock fair access to concessional financing that reflect structural vulnerabilities faced by small, fragile, and highly exposed economies, such as the small island states.
Micronesia reaffirms its strong commitment to the progress of UNAD reform initiatives.
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Lao People’s Democratic Republic · Day 5Thongsavanh PhomvihaneAs the UN Secretary General, Antonio Guterres, rightly stated, LDC graduation must be a reward, never a punishment.
To safeguard our hard-won development gains and prevent structural setbacks, we are executing a robust, smooth transition strategy for the period 2026 to 2029.
We call on our international partners to provide predictable transition support, extend smoothly adjustment regarding international support measures.
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Belarus · Day 5Maxim RyzhenkovThird, reform of specialized UN agencies, first and foremost the international financial institutions, the World Bank, the International Monetary Fund, the International Finance Corporation, the World Trade Organization.
They must become fair, transparent, accountable and focused on their mandates.
Voting quotas in financial institutions must reflect the demographic and economic realities of the 21st century, rather than the post-war balance of power.
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Tunisia · Day 5Mohamed Ali NaftiTunisia once again firmly rejects becoming either a transit country or a destination for irregular migrants who are victims of human trafficking networks.
Believing that climate change is a major factor affecting development, security, and stability, Tunisia emphasizes that addressing this challenge requires a genuine climate justice particularly since developing countries bear severe consequences despite their limited historical responsibility for emissions.
Accordingly, countries with the greatest responsibility must fulfill their commitments regarding climate finance while maintaining a clear distinction between climate financing and development financing.
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San Marino · Day 5Luca BeccariBut commitments are not enough.
We need implementation, financing, and accountability.
We also need a fair and more inclusive international financial architecture supported by adequate resources and greater financial stability for the UN itself.
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Djibouti · Day 5Abdoulkader Houssein OmarAnd it's in this spirit that the government is working to operationalize the mechanisms provided for under Article 6 of the Paris Agreement through a robust, transparent, and credible national framework for carbon markets, with a view to mobilizing new resources, attracting investment, promoting technology transfer and strengthening national capacities.
This transformation, however, requires resources.
Developing countries continue to face high financing costs, external vulnerabilities and limited fiscal space.
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Gabon · Day 5Marie-Édith Tassyla-Ye-DoumbenenyPresident Restoring trust also involves reforming the international financial architecture, making it more equitable, inclusive and better tailored to today's challenges.
Without this reform, it is becoming almost impossible to mobilize development funding, particularly green finance.
Gabon, a country with extensive forest cover and a low deforestation rate, as well as being a major carbon sink, therefore calls for greater recognition of its contribution to global climate regulation and the ecosystem services that it provides to humanity.
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Zambia · Day 5Mulambo Hamakuni HaimbeMr. President, regarding sustainable development finance and reform of the global financial architecture, it is widely accepted that sustainable development cannot be achieved without addressing persistent financing gaps facing developing countries.
High borrowing costs, limited fiscal space and heavy debt servicing obligations continue to constrain countries' ability to invest in climate action, health, education, infrastructure and development priorities.
Zambia therefore calls for greater access to affordable and long-term development finance, increased climate finance, particularly for adaptation and resilience, and innovative finance mechanisms to mobilize private investment for sustainable development.
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Indonesia · Day 5SugionoAt the same time, international financial architecture must also evolve to respond better to the needs of developing countries and to give them greater space to pursue their own development priorities and build their resilience.
But stronger institutions alone will not save multilateralism.
Institutions are only as strong as the principles we are willing to uphold.
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Cameroon · Day 5Lejeune Mbella MbellaMr. President, Excellencies, Ladies and Gentlemen, The deadline for Agenda 2030 is fast approaching and we are able to observe that despite remarkable efforts, there is still a ways to go in order to reach the SDGs that we all chose for ourselves.
and the resources to reach the Sustainable Development Goals are nevertheless available throughout the world and therefore we must improve the conditions to access them and use these resources.
This is why financing for development should not be considered as some kind of alms or kindness It is an investment in stability, shared prosperity and collective security.
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