The United Nations General Assembly Second Committee (also known as the Economic and Financial Committee or ECOFIN or C2) is one of the six main committees of the United NationsGeneral Assembly. It deals with global finance and economic matters.
The Second Committee meets every year in early October and aims to finish its work by the end of November. All 193 member states of the UN can attend.
Mandate
The work of the committee falls under eleven thematic clusters:[2]
Macroeconomic policies
Operational activities for development
Financing for development
Groups of countries in special situations
Globalization and interdependence
Eradication of poverty
Sustainable development
Information and communication technologies for development
Agriculture development, food security and nutrition
Human settlements and sustainable urban development
Sovereignty of the Palestinian people over their natural resources
Current state
In its 76th Session, the committee will focus on:[3]
Promotion of sustained economic growth and sustainable development in accordance with the relevant resolutions of the General Assembly and recent United Nations conferences
Information and communications technologies for sustainable development
Macroeconomic policy questions
Follow-up to and implementation of the outcomes of the International Conferences on Financing for Development
Sustainable development
Globalization and interdependence
Groups of countries in special situations
Eradication of poverty and other development issues
Operational activities for development
Agriculture development, food security and nutrition
Towards global partnerships
Maintenance of international peace and security
Permanent sovereignty of the Palestinian people in the Occupied Palestinian Territory, including East Jerusalem, and of the Arab population in the occupied Syrian Golan over their natural resources
The work of the committee usually begins in early October and ends sometime by the end of November, though extensions are often granted to allow the committee to continue its work until early to mid-December.[2] Its work is split into two main stages: (1) general debate and (2) action on individual items. The first stage, the general debate, lasts up to one week and begins with a keynote address by an invited speaker. The second stage lasts around four weeks, and is usually when negotiations on draft proposals are conducted.
^Manhire, Vanessa, ed. (2021). "United Nations Handbook 2021–22"(PDF). United Nations Handbook:: An Annual Guide for Those Working within the United Nations (58th ed.). Wellington: Ministry of Foreign Affairs and Trade of New Zealand. ISSN0110-1951. Archived from the original(PDF) on 3 October 2019.