It will be held this year. Ladies and gentlemen. A lasting peace cannot be decoupled from development. 40 years after the adoption of the declaration on the Right to Development, we know what we need to do to achieve that goal. There needs to be a wholesale reform of international financial architecture. There needs to be sustainable debt. There needs to be equitable taxation and better access to concessional financing. There also needs to be the implementation of the Seville Commitment as well as of the pact for the future.

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Ours is a concerning financial situation. It's affecting the UN's operational capacity, and that is prompting questions about how effective the UN really is. Indeed, these questions are being asked about peace operations, just as they are about the SDGs. The implementation of these is lagging behind and significantly so. In view of this reality, it is true that some might be tempted to view multilateralism as a relic and might be tempted to move outside of multilateralism to take action in isolation. Senegal does not espouse that view. On the contrary, it is precisely because the world is beset by a whole host of unprecedented crises that we need a UN that is stronger, more representative and more effective. We will not settle crises by allowing the multilateral system to become ever more piecemeal. We will not achieve peace if we simply stage power struggles. We will not guarantee a just international order if we see right being replaced by might, doing all of that would imperil the very raison d'etre of our organisation that is dialogue, conflict prevention, the peaceful resolution of disputes, cooperation and respect for international law. In this vein, and with this in mind, the UN80 Initiative provides us with a historic opportunity to usher in the structural and normative transformations that we need to see. However, reforming the United Nations must not stymie its ambitions. On the contrary, it must make it less bureaucratic in how it functions. It must remove red tape, make it more agile, and make it more effective in its expenditure. And there must be better synergies between headquarters and the field, so we can better serve the people we represent. Senegal supports that very dynamic. That was the rationale behind our contribution to efforts to strengthen the UN system. We've used our own resources to build a UN house some 30km away from Dakar. This is a cutting edge institution and the site will house all UN system entities in the region, and that will foster greater coherence and effectiveness in the UN's work. However, a stronger organization and ensuring it is stronger also involves member states upholding their financial contribution pledges and making good on their assessed contributions. President, the years are ticking by, but our efforts to reform governance have yet to produce a significant impact. The status quo when it comes to reforming the Security Council bears witness to that fact. We all agree that the composition of the Security Council is out of step with the realities of our time. We agree that the expansion of the Council should not lead to further inertia, but given the fact the Council is lacking legitimacy and that is indeed the hallmark of the Council's current structure, we cannot simply issue observations. We are at a juncture where there is an urgent need for action. It's a matter of justice, credibility and balance across the international system, and this is indeed the rationale which underpins the Ezulwini Consensus, which outlines the African position in connection with the so necessary reform of the UN Security Council. In that vein, Senegal is presenting its candidacy to a non-permanent seat on the Security Council for 2032–2033. However, beyond reform, the organisation also needs experienced leadership to steer its work in these times of crisis and uncertainty. The UN needs a secretary general able to speak to one and all, able to listen and to build bridges between member states. That is the vision embraced and espoused by Macky Sall, former president of the Republic of Senegal. Here I wish once again to express my support for his candidacy. I wish to reiterate Senegal's request that you, as Member states, support his candidacy. Ladies and gentlemen at a time when our organisation is seeking to rebuild trust, Senegal continues to believe in the vision of a world based on peace, justice, the dignity of each and every human being and human brotherhood. The world does not need unilateral posturing. It needs a fairer, more inclusive and more effective multilateralism. Addressing our challenges requires bridges and not walls, dialogue and not confrontation. Cooperation and not isolation and not might. That is the very spirit in which Senegal will host the Youth Olympic Games in Dakar 2026.

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We need to defeat extreme poverty, and we also need to achieve well-being for all, to bring about a better world which is so urgent a task. The scourges of our time are the greatest threat and greatest danger to our societies, because they deprive us of our heritage. And we see major crimes linked to drug trafficking and organized crime which are forms of terrorism which assail us and make us sick. Against this intimidating backdrop, our purpose, our vow, our commitment has been and remains clear, and we aspire to gather with more peoples around the urgent need to curb these afflictions and to bring about safety and to provide education food, health, peace and development for all. We would like warmly to greet all delegations who are present here, and we hope that you will join our commitment to address these challenges and to alleviate the suffering that we have mentioned. There are many proposals that we have mentioned, and we wish to stress the strength that the BRICS countries, for instance, have shown in striving for better living conditions for their people and the right of all to achieve sustainable development in a complementary way. We would like to recognize and pay tribute to all brothers and sisters throughout the world who believe in ideals, principles and values that are valuable to us all as humanity. To continue moving towards achieving the most important, significant battle, which is to achieve peace so that we can defeat poverty once and for all. It is in this battle that we all have to wage to achieve peace.

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The first and foremost challenges of humanity are to redress economic injustices, create wealth, and more broadly and accurately ensure fair distribution of wealth and income. The prevailing injustices stem from the denial of the rights as well as enabling environment for humanity to create and accumulate wealth without any encumbrances on the one hand, and the usurpation of the right and opportunity for rational distribution of whatever nominal wealth they create under suppressive conditions on the other. This is precisely the reason why the prevailing international order has become, and is dubbed as a zero sum game. In the event, the imperative for installing a new world order predicated on justice and rationality, and that jettisons the zero sum system remains humanity's fundamental individual and collective rights. In this respect, the overarching mission of the endeavour struggle of mankind can be summed up in one to fairly own their economic resources and produce of their work, and march on a sustainable path of generational progress and prosperity by accumulating wealth. Two to secure peace and stability in order to guarantee prosperity and economic growth. Three to ensure prevalence of fairness and justice as vital prerequisites for peace and stability. Four to promote mutual respect, complementarity and cohesion or integration so as to bolster wider regional and global peace and stability, as well as mutual growth.

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Against this overall backdrop, it must be recognized as the prime victims of the zero sum global order, whose hallmarks are plunder, domination, and deceit, are the African peoples who continue to seethe under subsistence economy. This disconcerting reality impels them to naturally stand at the forefront of the struggle for justice and fairness. In the event, it behoves on them to formulate appropriate strategies for accomplishing their mission, remove stale and obstructive frameworks and mechanisms, and move forward with greater unity and rigour.

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This theme invites us to consider international cooperation in a world that is subject to profound challenges. For Equatorial Guinea, trust is strengthened when we fulfill commitments that have been made and decisions that have been adopted collectively, and when visible results can be produced. The countries of the Global South need cooperation that preserves peace, that drives sustainable and inclusive growth, and that expands the ability of each state to build its own future. Therefore, 21st century cooperation should provide opportunities for the mobilisation of financing to transfer, transform raw materials and to develop one's own knowledge and technologies. Excellencies, this vision is especially relevant for Africa, which needs investments that can allow it to develop local value chains, build infrastructure, advance industrialization, strengthen human capital, incorporate new technologies and generate employment, especially for the continent's large youth population. A more productive and industrialized Africa will be a stronger partner for the benefit of all of those wanting to halt its emigration. Excellencies. When the 2030 agenda was adopted, the world embraced its deeply human vision: eradicating poverty, protecting the planet, and making sure that all people can live with dignity, leaving no one behind. However, as we approach its end date, we are far from meeting its goals. Poverty persists, inequality is expanding, and climate change continues to rage. It is clear that we need an international financial architecture that facilitates productive investments, that takes into account the real vulnerabilities of developing countries, and supports the efforts of each nation. It is therefore urgent to implement the resolutions adopted at the conferences in Addis Ababa in 2015 and in Seville last year.

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Too often the cycle is predictable. A disaster occurs, infrastructure is destroyed, and economic activity collapses. We then mobilise resources to rebuild what was lost, often through borrowing that substantially increases debt to rebuild what we could have made more resilient from the outset. This is not an efficient financial model. The best time to build resilience is before disaster. The best time to finance transformation is before crisis, and the value of resilience should be measured not only by what we build, but by what we prevent from being destroyed. Mr. president, Dominica does not come to the United Nations asking to be treated as a victim of vulnerability. We come asking to be recognised as a partner in transformation. We must finance potential, not merely manage vulnerability. And this is not only about Dominica, it is about whether the global financial system is capable of recognizing a different development model, a model in which resilience is an investment. Nature is an asset, connectivity is productive infrastructure. Clean energy is economic opportunity, and prevention is financially smarter than reconstruction. That is the proposition we placed before this assembly. It is time that the international financial architecture evolves. Dominica joins its voice with those countries that continue to advocate for the use of multidimensional vulnerability as a practical and fair basis in determining access to development finance. We call for greater and easier access to concessional financing and grants for adaptation. We call for stronger disaster clauses in sovereign debt instruments. We call for financing mechanisms that can be activated rapidly when disasters strike. And we call for a fundamental shift in the way the international community views investment in resilience. Every dollar spent preventing the destruction of a road, a hospital, a school, or a water system is an investment in future development. Dominica is prepared to serve as a demonstration country for this approach. We are prepared to work with international partners to show what happens when finance is designed around transformation, rather than vulnerability. Mr. president, Dominica has long spoken of becoming the world's first climate resilient nation. Today I wish to take that ambition further.

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But the United Nations must also remain a place where ambition can become action. Mr. president, we must also confront the serious challenges facing the Sustainable Development Goals. The SDGs represented a promise that by 2030 we would make meaningful progress in ending poverty and hunger, improving health and education, advancing equality, protecting our planet, and building more peaceful and inclusive societies. Today, that promise is at risk. Conflict, climate change, debt distress, inflation and persistent inequality have pushed the goals further out of reach for many developing countries. But this is not the time to abandon the 2030 agenda. It is the time to renew our commitment and concentrate on delivering results that people can see and feel in their daily lives. For Dominica, we have incorporated the SDGs as priorities in our National Resilience Development Strategy 2030, our Climate Resilience and Recovery Plan and our wider development agenda. We see sustainable development in the homes we have built for vulnerable families; in our investment in geothermal energy as cleaner, more affordable and reliable energy. We see it in our efforts to strengthen education, expand technical and vocational training, and better prepare our young people for the world of work. We see it in our support for farmers, entrepreneurs, agro-processors and tourism operators who are creating jobs and building stronger local industries. We also see it in our work to protect our forests, marine resources and natural environment. For Dominica, these resources are part of our identity, but they are also essential to our food security, our tourism product and the livelihoods of our people. Excellencies, the challenges before us cannot be overcome by any one country acting alone. They require a strong and effective United Nations, renewed international cooperation and a firm commitment to multilateralism.

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The test of equality does not end with the institutions that govern peace. It extends to the institutions that shape prosperity. The same question confronts us there: Does the international financial system give every nation a fair opportunity to secure the well-being of its citizens? The charter did not conceive development as charity. It pledged social progress, better standards of life, and economic and social advancement for all people. Yet, for too many countries, the resources required to fulfill that promise are being consumed before they can reach their people. Global public debt reached a record $102 trillion in 2024. Developing countries accounted for less than a third of that debt, yet paid about a trillion dollars in interest on debt in that year alone. Put it differently: 46 developing countries now spend more on interest on debt than on classrooms and medicine. Behind these numbers lies a simple reality. The hospital competes with a creditor. The classroom competes with debt service.

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The countries that most need capital frequently pay the highest price to obtain it. Developing countries have recently borrowed at rates two to four times higher on average than developed nations. The question, therefore, is not simply whether finance is available. It is who can access it, at what price, for how long, and under whose assessment of risk. Africa knows the cost of that assessment. Sovereign credit rating shapes perceptions of risk, the interest countries pay, and even the volume of finance available to them. UNDP estimates that subjectivities in credit ratings have cost African countries approximately $75 billion through excessive interest and foregone lending. Risk, ladies and gentlemen, must be measured, but it must also be measured fairly. We cannot build a fair global economy if the nations with the greatest development needs face the highest cost of development finance. A road that is commercially viable should not become unviable merely because it crosses an African border. A power project should not cost more simply because of the passport of the country it is building. Capital must price risk. It must not price prejudice. Reform of the international financial architecture must therefore begin with the cost and availability of capital. The UN charter envisaged multilateral development banks that lend more, lend longer, and mobilize private capital at scale. It further contemplated guarantees and risk-sharing instruments that reduce the cost of viable investments. And we need greater access to long-term and local currency finance so that countries are not forced to build long-term infrastructure with short-term expensive money. And by the way, this is not an argument against responsibility. Governments must also do their part to manage debt prudently, strengthen institutions, prepare pipelines of credible projects, deepen domestic capital markets, honor contracts, and confront corruption without equivocation. A fairer international system requires responsibility on both sides. Reform abroad cannot substitute for accountability at home. Distinguished delegates, Africa does not come to plead. We come with a proposal.

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That transformation should be financed using foreign and domestic resources. And that is what we intend to do, including the more than $4 trillion in domestic capital across pension funds, insurance assets, sovereign wealth funds, banks, and other institutions in Africa. The task is to mobilize more of that capital for productive investment while building the safeguards, credible projects, and financial instruments that long-term investors require. The imbalance is not only about money. It is also about voice. Africa's 54 nations are home to nearly one in every five people on Earth. Yet, our influence on the institutions that govern global finance remains disproportionately small. We cannot carry substantial obligations under a system while remaining marginal in shaping its rules. If Africa has a stake in the burden of debt, Africa must have a share in the decisions on how that debt is acquired. This is not a plea for special treatment. It is a proposition for shared prosperity. A more industrialized Africa expands global demand. A more food-secure Africa strengthens global stability. A better-connected Africa diversifies global supply chains. And an Africa able to finance more of its own development becomes a stronger partner for the world. Excellencies, this brings us back to the central question before this assembly.

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Yet the measure by which we are assessed sees none of it. It sees income and it sees nothing else. It does not capture the full story of my nation, the true cost of our geographic isolation, the fragility of our limited economic base, or the devastating impact a single disaster can have on our people and our progress. In January 2027, Naoero will be considered a high income country in the OECD system. That does reflect real progress. But progress should not be punished because 58% of our revenue comes from bilateral arrangements that are not ours to renew. 87% of the food our people eat is purchased and imported. We have one runway, one port, one road that connects everywhere. None of that appears in how we are assessed. That is why we strongly support the Multidimensional Vulnerability Index, or MVI, and the United Nations efforts to pilot the tool. Its full implementation is essential to ensuring that countries like ours are fairly assessed and adequately supported. It recognizes that vulnerability is complex and it must be seen, measured and acted upon. Mr. president, we acknowledge the significant progress made by some development partners and financial institutions in adopting vulnerability assessments and reviewing the eligibility criteria. The Asian Development Bank, ADB, weighs vulnerability alongside the income and its own policy names my nation as the clearest example of why income alone conceals what small island states face. As a country that is ranked the fifth most vulnerable country in the world on the index and the most vulnerable in the Pacific, we welcome these developments as positive steps. But a gap remains. Not all have taken the necessary steps to truly recognise our realities. I therefore urge all who have yet to do so, including the World Bank, to weigh vulnerability alongside income in decisions on eligibility, as the ADB already does. If the international community is truly serious about restoring trust and managing transformation, it must demonstrate that commitment where it matters most with those who are most vulnerable.

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Whatever this assembly intends to deliver, it will be delivered through partnership and cooperation, or not at all. So I extend an invitation to the members of this assembly. Invest in our people, invest in our economy that rests on more than a handful of arrangements. Invest in institutions that will outlast my government and the next, invest in the infrastructure, connectivity and opportunities that distance has too often denied us. What Naoero offers this assembly is not dependence, but participation, not expectation, but contribution, not a beneficiary, but a partner. Invest with us, not simply in us.

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Excellencies, we are gathering in this hall of nations, countries, large and small, some insanely rich, too many shockingly poor, but all enjoying equal voting rights. Yet we know equality is an illusion. Some possess non-threatening antiquated guns, while few others have perfected their nuclear arsenals, now 100 times more destructive than the ones dropped on Hiroshima and Nagasaki in 1945. As primitive as they were then, these experimental bombs incinerated two cities, almost all living beings in them. Those unfortunate ones who survived the blast died long, painful deaths. Russia, U.S., China, France, the U.K. —all members of the NPT— were joined by four countries not members of the NPT: Israel, India, Pakistan, North Korea. Yes, North Korea had a nuclear arsenal estimated to be around 100. And North Korean leaders seem to have learned lessons from Libya, Ukraine, and the ongoing Iran-Israel-US war. Dismantle your nuclear capabilities and you lose the only deterrence you have against a nuclear power deciding to bomb you into submission. On June 30, 2019, President Trump traveled to DMZ in the Korean Peninsula. The mysterious Swiss-educated leader of North Korea, half the age of the American president, walked halfway, and the two leaders engaged in an embrace that promised peace. This is what leaders do to advance peace: they show courage, audacity. President Trump, you did the right thing. Friends are friends. We cherish and embrace our friends, never ignoring them or excluding them from the table. But we talk to adversaries so that we don't become enemies. We talk to enemies to prevent wars, and perhaps we become partners in peace. Those countries amassing nuclear weapons keep us all living near imminent catastrophe. One day, any day, by accident, miscalculation, computer error, madness, or foolish strategic design, we could become the last human generation. All the while, the brandishing of these weapons reinforces adversity and fear, which create a high barrier to achieving rational cooperation necessary to fulfill our responsibility to future generations. Trillions of dollars are invested in perfecting forms of death instead of investing a fraction of these trillions in clean water: food, schools, clinics. No thought was given to the tens of millions of fellow human beings pushed back to extreme deprivation by COVID-19, Ukraine-Russia war, and as if innocent bystanders on the periphery had not suffered enough, we are presented with another catastrophe: the Iran war and disruption of vital waterways for trade. We know the madness of Iranian leaders seeking regional supremacy, pouring fuel into the fire of religious extremism in neighboring countries to destabilize wealthy, stable monarchies. Iranian leaders launch unwarranted attacks against neighbors, destroying civilian industries, infrastructure. Iran's rationale for these attacks is that those countries host American bases. So is Iran going to launch waves of drones and missiles against U.S. bases in Europe? Can we change course? Can we stop sleepwalking into wider wars? My invitation to President Trump: be audacious, be unpredictable, be visionary. Invite all nuclear powers and all major conventional military powers and industries, without exception, to a summit somewhere, maybe a town in Portugal, to talk on no first strike. Enhance regular communication between leaders of the nuclear powers. Commitment on reduction of nuclear weapons toward total deactivation and destruction of nuclear arsenals over a decade. Be yourself, be President Trump, be audacious, be unpredictable. Do the unthinkable, and you will gain worldwide gratitude and respect.

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He championed vulnerable countries and supported the international effort that brought into being the Multidimensional Vulnerability Index. Whether confronted by climate change, challenging inequalities or calling for reform the international financial system, he was a fearless and principled advocate. He never relented in demanding a fairer world, and he constantly placed the concerns of small island developing states before the international community.

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Fairness, Mr. President, must also govern international finance. A hurricane does not check GDP before destroying a school. Rising seas does not consult income classification before entering a home or village. That is why the Multidimensional Vulnerability Index matters. It provides a fairer measure of the structural vulnerabilities that small island states. And it's helps GDP because GDP alone cannot provide this measurement. Excellencies. Nowhere is the urgency greater than in the climate crisis. For small island developing states like mine, climate change is not a warning about tomorrow. We are experiencing it today. Warmer oceans fuel more destructive hurricanes. Coastlines are retreating.

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SIDs need finance, technology, capacity and institutions that would recognize vulnerability and work with us. The SIDs Centre of Excellence will help turn ABAS commitment into practical solutions through the better data in innovation, investment and support for sustainable development. ABAS must move from commitment to implementation and SIDs must move from vulnerability towards resilient prosperity. Mr. president, international financial architectures must also change. The fourth International Conference on Financing for development, in which was held in Sevilla, Spain, placed debt and development finance close to the centre of the international agenda. That progress must now become action. Small states cannot develop sustainably when they must repeatedly borrow to rebuild. We cannot fulfil the promise of ABAS when carrying unsustainable debts. Nor can we build resilience when the cost of capital itself penalises vulnerability. For too long, the international financial architecture has asked vulnerable countries how much debt can they carry? It must also ask how much development can they achieve? How can countries realise their potential when debt services, repeated shocks and high borrowing costs consume the resources needed for schools, hospitals and resilient development and transformation. Finance must create fiscal space for development. Vulnerable states need greater access to long term affordable and predictable financing, together with debt solutions that respond to these real circumstances. Antigua and Barbuda called for the launch of the Intergovernmental process on debt agreed upon in Seville. Madam president, there can be no sustainable development without peace. But peace begins long before guns fall silent.

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We are already seeing these outcomes reflected in measurable improvements, including a triple decline in Georgia's poverty rate, which dropped from 21.3% to 7.1% since 2020. Yet this achievement is only part of the broader transformation we seek to achieve. Over the next five years, our focus will therefore be on narrowing disparities between urban and rural communities, expanding opportunities across every region, and ensuring that the benefits of economic growth are shared widely and that no one is left behind. These priorities are fully aligned with Georgia's commitment to the Sustainable Development Goals, and are reflected in our new United Nations Sustainable Development Cooperation Framework for 2026–2030. Looking further ahead, our ambition for the coming decade is to transform Georgia from an upper middle income country into a high income economy, underpinned by greater economic diversification, a growing share of knowledge based activities, and broad based prosperity. Excellencies, ladies and gentlemen, the progress we seek at home is inseparable from the cooperation we build beyond our borders. Georgia remains open to meaningful engagement with every international partner prepared to engage with us on the basis of mutual respect and sovereign equality. We believe that lasting partnerships are built through dialogue and never through pressure or coercion.

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Small nations are being asked to finance both development and survival. No nation should have to borrow its way out of a crisis it did so little to create. Excellencies. The world is facing a growing development financing crisis. The gap between commitments and delivery continues to widen, and too often we simply rebrand and recycle old ideas while failing to deliver tangible progress. Meanwhile, multilateralism is under siege and international financial commitments are being eroded. The current international financial architecture was designed for a different era. It struggles to adequately recognize vulnerability and fails to fully account for the realities faced by SIDS. A fairer financial system is not only in the interest of developing countries, it is in the interest of global stability and shared prosperity. The implementation of the Multidimensional Vulnerability Index MVI in financing decision making is essential if we are to genuinely address the financial challenges facing developing countries. We thank the Secretary General and UN DESA for their proactive efforts in moving this issue forward with international financial institutions IFIs, and we look forward to the pilot project to demonstrate the MVI can help developing countries in their financing challenges. On debt, we need to build a sustainable, equitable and fair debt regime, starting with a robust mechanism for debt restructuring. Debt forgiveness must be linked to measurable progress on resilience-building. And investment in resilience today will reduce the cost of disasters tomorrow. Samoa supports the incorporation of states contingent clauses in debt instruments, allowing for suspension during crisis. Excellencies. Energy is both a driver and accelerator for Samoa's sustainable development ambition.

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Mr. 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. For this reason, Cameroon calls for the diligent and comprehensive implementation of the commitments made in Seville in July of 2025 on the issue of financing for development, and this specifically implies engaging in the necessary reforms of the international financial architecture and the multilateral financial architecture in order to give countries of the Global South a more fair shot. We should also give new impetus to international trade, industrialization, and transforming raw materials locally, as well as strengthening regional integration. And it is this energy that guided the work of the 14th Ministerial Conference of the World Trade Organization, WTO, which Cameroon had the privilege of hosting from the 26th to the 29th of March 2026.

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We have heard that this also requires United Nations Security Council able and willing to discharge the responsibility entrusted to it. As I said at the opening of this debate, in the eyes of the world, when the Security Council works, the United Nations works. Excellencies. Development, another pillar of the United Nations, featured prominently throughout the debate, but the message was clear time is running out and promises remain unfulfilled. We heard that only a few of the Sustainable Development Goals are on track. We heard that progress has stalled, and we heard the question that should trouble us all. Should we have done much more? The answer must be a resounding yes. The burden is not shared equally. Those speaking most urgently about development were often the countries facing the heaviest debt burdens, the narrowest fiscal space, the greatest climate vulnerability, and the least voice in the institutions that shape the global economy. Debt was spoken of more forcefully by those who bear it not by those with the greatest ability to resolve it. We have heard that we must honor the Sevilla Commitment to reform the international financial architecture, provide affordable and accessible finance, expand fiscal space, strengthen productive capacities, and invest in people. And we must deliver on the promise of Paris. Climate disasters are erasing hard earned development gains and deepening inequality. For small island developing states, low lying coastal countries, least developed countries and climate vulnerable nations, adaptation and resilience are not optional expenditures.

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The absence of education, health care, decent employment, and the loss of homes and livelihoods to climate change leave communities as vulnerable as conflict itself. Our understanding of security must therefore extend beyond the absence of war to include the conditions that allow people to live with dignity, opportunity and hope. Mr. president, in The Gambia, this understanding has guided our democratic journey from 2017 to date. We have undertaken the difficult work of rebuilding institutions, strengthening the rule of law, expanding access to justice and confronting the legacy of past human rights violations. Our transitional justice process continues through implementation of the recommendation of the Truth, Reconciliation and Reparations Commission. We have strengthened institutional accountability, established the Special Prosecutor's Office to advance investigations and prosecution arising from the TRRC process. We are proud of the progress we have made, but we remain conscious that democracy is never a finished project and requires continuous institutional strengthening, adherence to the rule of law, constitutional order, dialogue and consensus building on issues. On the 5th of December 2026, the Gambian people will again exercise their sovereign democratic right to choose their president. This will be another important milestone in our democratic journey, and we need the support of the international community in this regard. Our government is committed to ensuring that the elections are peaceful, transparent, credible and inclusive, and conducted in accordance with our Constitution, national laws and democratic standards. This is the democratic path The Gambia remains committed to pursuing: a path in which institutions are strengthened, citizens are heard, differences are resolved peacefully, and democratic gains are consolidated for future generations. Mr. president, on development, The Gambia's recovery focused National Development Plan provides the framework for accelerating our socio economic transformation. We are investing in roads, energy, schools, healthcare, agriculture and digital infrastructure while promoting economic diversification, private sector investment and value addition. We are expanding opportunities for women and young people, improving lives, uncertainty, human capital upon which our future depends. I seize this opportunity to thank all the bilateral and multilateral partners of The Gambia for your continued support and partnership. The global economic environment remains particularly difficult for developing countries, with declining official development assistance, high borrowing costs, disruptions to international trade, inflationary pressures and food and energy insecurity, narrowing fiscal space and threatening development gains. With only a few years remaining to achieve the 2030 agenda, the time for implementation is now. Following the fourth International Conference on Financing for development, we must translate the Sevilla commitments to tangible action. Developing countries need greater access to affordable long term finance, meaningful reform of the multilateral development system, sustainable solutions to debt, stronger international tax cooperation and decisive action against illicit financial flows. We also need stronger and more resilient supply chains, greater investment in productive capacity, and a global economic system that gives developing countries a fair opportunity to transform their economies. Trade must remain an engine of development and developing countries must be enabled to participate more effectively in regional and global value chains.

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We will make the right to development a pillar of multilateralism by facilitating access to sustainable funding and reducing inequalities globally. Ladies and gentlemen, please allow me to quote the great African writer Chinua Achebe, who said the following. When we gather in the village under the moonlight, it's not because of the moon. Each person can see the moon in his own backyard. We gather because it is good to do so. Let us continue in a spirit of teamwork and draw strength from solidarity.

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Yet there's still a long road ahead of us. We need to mobilise greater levels of both domestic and external funding so as to attain our goals. Now, given this scarcity and rising cost of financial resources, particularly because of the access criteria for concessional financing, and they often fail to reflect reality. For a small island state such as ours, income indicators alone do not capture our multidimensional vulnerability. And that is why we in the Comoros call for a profound reform of the international financial architecture. Such reform is essential to guarantee our right to development and to ensure that multilateral banks finally take account of our vulnerabilities in their allocation policies. Encouraged by positive macroeconomic results and our determination to reach higher middle income status, we are now entering a decisive phase. For the period 2027 to 2030, we will accelerate implementation of the Emerging Comoros Plan, and we invite our bilateral and multilateral partners, as well as the private sector, to join us in transforming this ambition into a lasting reality for the Comorian people.

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But, Mr. President, the task now is delivery. We need financing that reaches communities without adding debt, adaptation finance that is accessible to countries already bearing the cost of the problems they did not create, and full support of the loss and damage and the special circumstances of SIDS. This means grant-based and concessional finance, grid readiness and storage, productive energy use, and support that respects our circumstances while enabling delivery at scale. Those who contributed the least to this climate crisis yet confront the worst threats of rising sea levels must not be burdened with debt simply to purchase a life jacket for their survival. International financial institutions must look beyond income and account for vulnerabilities of SIDS. Climate exposure, remoteness, narrow economies, and limited access to affordable finance must be considered. The Antigua and Barbuda Agenda for SIDS provides a strong roadmap for resilience, but requires urgent, predictable, and scaled-up support. The Pacific Resilience Facility is one practical answer, the PRF. Endorsed by the Pacific leaders, the PRF is the first Pacific-led, owned, and managed regional financing facility dedicated to climate and disaster resilience, and the first international financial institution collectively owned by the Pacific focused on turning resources into real community-level resilience. The PRF reflects the kind of capital the world should support. Resilience is also about safeguarding public health. And I commend Palau's First Lady for advancing efforts to combat tobacco and nicotine use, with a focus on our youth.

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Mr. President, the predicament of the Global South is particularly acute. It faces a four F crisis of the security of food, fuel, fertiliser and finance. The combined impact of a super El Nino, compounding fertilizer shortages and now impediments to grain movements, all these are cause for alarm. Moreover, SDG progress is under increasing pressure. The Global South's right to industrialise is also undermined by non-market practices and market denial. The march of technology that was meant to instill hope has now become a source of anxiety. Misuse of AI is sharpening bias and diluting mutual respect.

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We know that many of our experiences and achievements are replicable elsewhere. The deep solidarity of the Global South has always encouraged us to share what we have. Therefore, we respond more actively to the requirements of our partners. 600 major Indian development projects in 78 nations testify to our commitment, a commitment that ranges from infrastructure, manufacturing and agriculture to IT, and to capacity building. Climate action projects and initiatives have been an important part of these endeavours, whether it is clean energy and clean water projects sustainable agriculture or the dissemination of best practices and technology. Our capabilities and experiences have been reflected abroad. African nations and small island developing states have been our preferred partners in this journey. Initiatives like the International Solar Alliance, the Coalition for Disaster Resilient Infrastructure, or the Global Biofuels Alliance are all making steady progress. Mr. President, the turbulence of our times also demands more from each of us.

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Today, the top 10% own roughly 75% of global wealth, while the bottom 50% own only 2%. This extreme concentration of wealth at the top and poverty at the bottom is neither inevitable nor insurmountable. Together with Brazil, Norway, Spain, South Africa calls on this assembly to throw its weight behind the establishment of an international panel on inequality.

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If multilateralism works at regional level, then citizens have greater reasons to believe it can work globally. Our governments face a difficult choice whether to meet the needs of their citizens or satisfy the expectations of creditors. In the last year alone, African countries spent roughly the same amount on servicing debt as is needed to close our infrastructure financing gap. This grim reality inspired South Africa's G20 presidency to focus on debt sustainability. The Africa Expert Panel report calls for an end to incrementalism. It support multilateral efforts to establish a borrowers club to counterbalance the power of creditors, and calls for greater debt transparency and greater scrutiny of credit rating agencies. To us, Mr. President, unsustainable debt betrays the promise of development and destroys the prospects for democracy. With only 36% of the Sustainable Development Goals showing sufficient progress, we are running out of time. Africa and much of the global South need multilateral actions to free resources absorbed by debt services and redirect them towards development. We must close the financing gap for the 2030 agenda and meaningful advance implementation of the African Union Agenda 2063. In November 2025, South Africa classified gender based violence and femicide as a national disaster, recognizing that dealing with this scourge demands exceptional measures from our population, and we require international partners to continue to fight this through technology and other means that must support our measures to fight gender based violence in our country.

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Frameworks like the Antigua and Barbuda Agenda for SIDS and the Sevilla Commitment must be backed by real capital. For small island states debt sustainability is a matter of national survival. We require affordable, accessible, long term financing, meaningful debt relief and the full implementation of the Multidimensional Vulnerability Index. Measuring a nation's development solely by GDP per capita ignores extreme exposure to climate shocks and geographic isolation. If international finance is to serve reality, it must first measure reality correctly. Looking ahead, we must also address the rapid rise of artificial intelligence and emerging technologies. Whilst these tools offer immense opportunities for development and ocean management, they also risk widening the global divide and enabling new forms of warfare and cybercrime. We must ensure technology serves human dignity. We call for global digital governance anchored in human rights, ethical standards and international law, with a United Nations playing a central role in steering this transformation. Mr. President, excellencies, across every crisis we face, one fundamental truth endures. Our ultimate duty is to the people we represent our families, our youth, our coastal communities, and future generations.

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We also advocate for mutual beneficial economic cooperation based on respect for sovereignty for each state, for the equality between the states, and the freedom of choice for the people during the electoral process. In the area of development, we are still far from fulfilling the promise of the 2030 Agenda. With less than four years until the deadline, millions of people remain deprived of basic opportunities: water, energy, infrastructure, and others. Thus, it is important to accelerate the implementation of the commitment made under the SDGs, which requires predictable, accessible, and sustainable financing. It also requires a fair international financial architecture, more fair, sustainable debt relief, greater transfer of technology, international trade that is more balanced, and investments that can transform potential into prosperity, as well as adherence to the principle of common responsibility but differentiated responsibilities. Similarly, in the field of human rights, it is also important to promote a balanced, impartial, and coherent approach based on the principles of universality and equal treatment between the states. Promoting these rights should prioritize constructive dialogue, cooperation, and the strengthening of our institutions. Mr. President, in Mozambique, we are committed to consolidating peace, strengthening democratic institutions, and conducting an inclusive national dialogue led by the Mozambican initiatives that are genuinely Mozambican to deepen reconciliation, national unity, peace, and the reforms that are necessary, with the support of our international partners, while respecting national ownership.

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The integration is built through roads that bring people closer, with energy that crosses borders, infrastructures that transform neighboring communities into single communities, a transformation that requires fair and sustainable financing conditions. Your Excellencies, with less than four years remaining for the achievement of the 2030 Agenda, developing countries continue to face high financing costs, rising debt, and limited access to resources to invest in their own development. We continue to advocate for a fair international architecture, more predictable and accessible financing, and sustainable solutions for the debt. It is also necessary that the access to concessional financing takes into account the country's vulnerabilities beyond just the income.

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Trust returns when cooperation produces real, measurable results. It returns when a child is in school, a community is protected from violence, a mine is removed from a field or food reaches family, and it returns when institutions prevent conflict before it even begins. Last year alone, the world's official development assistance was reduced by almost 25%. This drop is the largest annual contraction on record for international aid. Refusing to spiral into negative trends, Croatia is contributing more, not less. Between 2016 and 24, our official development assistance increased five fold, while our humanitarian assistance grew more than 21 fold. With our U.N. partners, we are translating our commitment and funds into action. We support girls education in Kenya, provide humanitarian assistance in Gaza and assist Syrian refugee children. We also advance mine action in Ukraine, drawing on Croatia's own post-war experience and protect women and girls from digital violence. This practical, inclusive and human centered approach is also what Croatia brings to ECOSOC. If elected to the presidency of ECOSOC for the 2027–2028 cycle, Croatia will work to strengthen coordination and accountability. As 2030 approaches, accelerating implementation of the sustainable goals continues to be a central priority. Croatia persistently ranks among the world's 15 highest performing countries in implementing the Sustainable Development Goals. Our experience is not a universal prescription, but evidence that national reform and international responsibility can and do advance together. It is this credibility that is in the foundation of trust in multilateralism that we wish to see rebuilt. Credibility, which is strongest when every country regardless of its size, wealth or power, has a meaningful voice. The answer is therefore not less multilateralism that delivers.

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These pressures unfold alongside armed conflict, disrupted supply chains, declining official development assistance, and rising debt. Households face higher food and energy bills, governments face higher borrowing costs. Countries striving to finance the Sustainable Development Goals must absorb shocks they did not create and cannot fairly insure against. Artificial intelligence adds a further layer. Well governed, it can widen access to knowledge and improve public services.

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Mr. President, we are less than four years from 2030. It is time to consider what follows the Sustainable Development Goals. The next framework must carry forward what remains undelivered, and it must rest on a fairer foundation. The demand for reparatory justice is no longer a marginal whisper in this assembly.

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It can be designed to serve the common good and measured against what our people actually need. Dignity, opportunity, and a fair share in what they help to create. Or it can be left to reproduce what came before and call it progress. We have the knowledge to choose the first path. What is needed now is the will. This Mr. President, is where the trust in multilateralism is won or lost. Belize has shown that debt can be reduced. That conservation can be financed innovatively, and that national reform can succeed. Yet we still borrow in a system that prices our vulnerability as risk, rather than treating resilience as an investment. Belize does not seek special treatment. We seek accurate treatment. Income per capita does not reveal how much of an economy sits in a hurricane's path. What it costs to serve dispersed communities, or how quickly a climate shock can reverse fiscal gains. The Multidimensional Vulnerability Index must become a working instrument across the international financial system. In eligibility for concessional finance, in debt sustainability analysis, and in the decisions of the institutions that allocate capital. Vulnerability should be legible in financial decision making, without small states being required to prosecute their own case again and again.

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The real challenge is no longer to adopt new commitments, but rather to translate those already made into tangible results for the greater well-being of our peoples. Excellencies, ladies and gentlemen. There can be no lasting peace without truly inclusive and equitable development. As the 2030 deadline approaches, progress towards achieving the Sustainable Development Goals remains insufficient, while financing needs remain considerable in many developing countries. The fourth International Conference on Financing for development rightly recalled that the necessary resources exist. The challenge now lies in our collective ability to mobilize them and to channel them with greater equity, solidarity and effectiveness in the service of sustainable development. Cote d'Ivoire, therefore, calls for an ambitious reform of the international financial architecture and a renewed global partnership to ensure that developing countries have more equitable access to the resources needed to finance infrastructure, health, education, energy, industrial transformation and the creation of decent jobs for young people. Climate challenges require a similar degree of mobilization. Africa contributes the least to global greenhouse gas emissions, yet remains among the regions most hit the hardest by their consequences. Droughts, floods, land degradation and the disruption of food systems directly threaten the ways of life and the livelihoods of millions of people. In this context, honouring international commitments on climate finance, adaptation and technology transfer is an imperative of justice and solidarity. Excellencies, ladies and gentlemen. The transformation that our world is experiencing is also a technological one.

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Mr. president as we enter the home stretch of the 2030 agenda, developing nations that have been squeezed by unsustainable debt, shrinking financial space and mounting external shocks. At the core, this is a crisis of international financial system designed for a different era. Liberia calls for urgent structural reform of the international financial architecture. Developing nations need concessional financing, debt sustainability and predictable development capital, not escalating interest rates that threaten survival. At the heart of this reform must be a fairer voice and a vote for developing countries within the Bretton Woods institution, the world Bank and the International Monetary Fund, whose governance reflects the world of 1945 rather than the world of today. A financial system that decides the fate of billions cannot continue to be governed by the few. Reform of our international financial system is not a technical exercise. It is a precondition for delivering the Sustainable Development Goals and for restoring the very trust this Assembly is meeting to discuss.

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However, these reform processes must not dilute agreed UN mandates, commitments, and programs, nor should they impede the implementation of the 2030 Agenda. Mr. President, when we adopted the 2030 Agenda for SDGs, the 17 SDGs, in 2015, we committed to leaving no one behind. Yet progress remains elusive, with only 36 percent of the 139 targets currently on track. Numerous obstacles hinder our efforts to accelerate progress, key among being limited fiscal space. Many developing countries lack sufficient financial resources to fund their development needs, with a disproportionate share of revenues directed toward debt servicing rather than critical public infrastructure and social services. This challenge requires urgent reform of international financial architecture to afford developing nations a stronger voice in decision-making, alongside the full implementation of the Sevilla Commitment of the Pact for the Future. Furthermore, equitable taxation is essential for mobilizing domestic resources. An inclusive international tax system is critical for strengthening global cooperation, curbing illicit financial flows, and addressing profit shifting by multinational corporations.

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But security is not only about borders and war. People also need the chance to build a future where they live. They need homes, schools, health care, and ways to earn a living. Poverty and the lack of opportunity can drive people from their countries, just as conflict can. Hungary will continue to support development that helps communities build that future based on their own needs and priorities. We are ready to share our experience in education, health and digital development. Water is another area where our interests meet. Drought can destroy crops, threaten food and energy supplies, and take away people's income. Climate change is making these pressures greater. Rivers also cross borders. What one country does can affect the water available to another. This makes cooperation essential. Hungary has experience in water management, sustainable agriculture and climate adaptation, and we are ready to share it. For many countries represented in this hall, food, energy, education, health and jobs are immediate concern.

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But when commitments remain out of reach for those who need them most, confidence in the system weakens. Getting these fundamentals right is central to restoring trust, managing transformation, and building a United Nations that delivers for all. The global financial architecture must therefore evolve to reflect the economic realities of the 21st century, including financing demands created by climate change, technological transformation, and the imperative for sustainable development. Developing countries frequently face borrowing costs several times higher than those of wealthier nations because the system was not designed with the circumstances of the Global South in mind. Debt sustainability is a question of development and fairness. When nations spend more to service debt than invest in education, job creation, or provision of healthcare, trust in the system erodes. Botswana calls upon this assembly and the international financial institutions to pursue reform of global financial governance. This would give developing countries a meaningful voice and provide fair and predictable access to concessional finance. We call upon the United Nations and its financial partners to mobilize private capital through innovative and blended financing agreements that de-risk productive investment in developing economies. This is enlightened fairness and sound economics. Capital should help create opportunity where its impact can be felt. Mr. President, health is where the promise of international solidarity is tested most directly, and Botswana speaks from hard-earned experience.

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I would therefore like to highlight six opportunities for restoring trust, managing transformation, and thereby ensuring a United Nations that delivers for all. The first opportunity is accelerating sustainable development and economic transformation. Mr. president, the timeline for the 2030 agenda for Sustainable Development is rapidly drawing to a close, yet the promise of the Sustainable Development Goals remain dangerously out of reach for millions.

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However, national efforts alone cannot dismantle the structural barriers built into the global economic architecture. Developing nations require deliberate, scaled investment in industrialisation, sustainable infrastructure and regional value chains to transition from primary commodity exporters to diversified industrialised economies. In addition, we cannot achieve sustainable development while drowning in debt. Malawi, therefore, calls for immediate, comprehensive debt relief and restructuring. The current international financial architecture forces developing nations to choose between servicing predatory debts and investing in health, education and climate resilience. This is a moral failure. Mr. president, we also call for a massive scaling up of concessional development financing. We need targeted investment in our key productive sectors, namely agriculture, industrialisation and infrastructure development as follows agriculture, modernisation through mechanisation and commercialisation to guarantee food security. Secondly, building local industry so that we stop exporting raw materials and create decent jobs for our youth who make up nearly 40% of the Malawi population. And thirdly, developing robust transport, energy and digital infrastructure to connect Malawi to regional and global markets. We therefore call upon our international partners to align their support with national blueprint like the Malawi 2063, in order to generate meaningful job creation and shared prosperity.

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Across climate action, sea level rise and ocean governance, one reality remains: resilience has a cost. For decades, small island developing states have argued that income is not the same as resilience. Mr. President, per capita income cannot show exposure to hurricanes, droughts, pandemic shipping disruptions, energy shocks, conflict, or tourist collapse, nor how quickly one shock can erase years of investment. This year, Saint Kitts and Nevis stood before the United Nations and completed the Pilot Vulnerability and Resilience Country profile under the Multidimensional Vulnerability Index framework. And what did we learn? We learned what our grandparents always knew: a house can look strong from the road and still have rot in the rafters. Vulnerability is not a statistic. It is a roof that was destroyed in a hurricane Beryl. It is a school that became a shelter. It is a family rebuilding for the third time in a decade, because storms have no patience for GNI per capita. Mr. President, we are not asking that gross national income be discarded. We are asking that it stop being expected to tell a story it was never designed to tell. GNI can count our coconuts and our cruise ships. It cannot count our courage, and it cannot count the price we pay to simply remain. It cannot capture the cost of rebuilding the same bridge, clinic, or seawall again and again, while nations twice our size and half of our vulnerability borrowed cheaper than we do. We therefore call on the World Bank, the IMF, development banks, climate funds, and every partner here to incorporate MVI into the architecture of financing, not as charity but as arithmetic and justice made real.

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This must change. Excellencies, The second test of power is inequality. Inequality is often framed as an economic problem. It is a power problem. Power over opportunity, resources, voice. Never has humanity possessed so much wealth, knowledge, and technological capability. Yet for billions, progress remains out of reach. They see prosperity around them, but not for themselves. They are told globalization expands horizons, but they experience exclusion. They are promised that technology will unlock new possibilities, yet many fear it will take away their livelihoods. Meanwhile, billions of people still live without the essentials embedded in the Sustainable Development Goals. Food. Clean water. Education. Decent work. Health care. Dignity. Excellencies, No country should be denied a sustainable future because it is on the wrong side of a deeply unequal financial system. Yet so many throughout the developing world are being crushed by unsustainable debt. Battered by disasters they did little to cause. And locked out of affordable finance. That is why we have pushed relentlessly: For reform of the international financial architecture – which is not a technical debate, but a question of representation, fairness and power. For debt relief that is timely, effective and just. For Multilateral Development Banks that are bigger, bolder and better equipped to provide affordable long-term finance at scale and massively leverage private finance. For Special Drawing Rights to benefit countries that need them most. Excellencies, No discussion of inequality can ignore its most universal form: The inequality between women and men. Everywhere, women and girls continue to face discrimination, violence, exclusion and abuse. Around the world: Their rights are being rolled back. Their voices silenced. Their bodies turned into battlegrounds. And their freedoms treated as bargaining chips. This is an outrage –and a profound waste for humanity. Peace is more durable when women are at the table. Economies are more dynamic when women have equal opportunity. Societies are more resilient when girls can learn, lead and live free from fear. And institutions are more effective when power is shared equally. Over the last decade, we achieved an enormous milestone. I am proud to report to you today that the United Nations achieved gender parity for the first time in history across all senior leadership…all headquarters … and all professional staff. It happened because we removed barriers, challenged assumptions, and refused to accept that power must look as it always has. At every step, we never compromised on quality and competence. Equality is not a dream. It is a decision. If the United Nations can change: So can Governments. So can Parliaments.

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And no sphere is more urgent than that of sustainable development. The 2030 agenda is at risk. The financing gap is growing. The climate crisis is worsening. Geopolitical divisions are curbing progress. We need to continue to work to reform the global financial architecture. The European Union stands steadfastly committed to the Paris Agreement, the pact for the future and the Sustainable Development Goals, funded in line with the Sevilla Commitment. The EU and its member states together represent more than 40% of official development assistance at the global level and through our Global Gateway Initiative, we are investing in all fields in connectivity, health, education and eradication of poverty. But we mustn't lose any more time. For this reason, the Sustainable Development Goals by 2027 should be a turning point to pick up the pace, to correct the mistakes and to commit to 2030 and beyond that. The European Union is clear about its choice cooperation over confrontation over power, partnership over isolation, action over paralysis. We are ready to work together with all those who share this conviction.

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This balance is deeply Bhutanese. For more than half a century, Bhutan has pursued Gross National Happiness. It does not reject economic growth, but it does ask the essential question what is growth for? GMC gives this development philosophy contemporary form through markets, technology and investment. But that aspiration itself is older. For centuries, the Himalayan Buddhist world has carried an ideal of an enlightened society, where material prosperity and spiritual wisdom coexist, where good governance serves human flourishing, and where people live in harmony with one another and with nature. That ideal is called Shambhala. Some of our spiritual masters have looked at what is taking shape in GMC and have said under an enlightened king, Shambhala is being built. Now we make no claim to perfection. For us, Shambhala points not back to the past, but forward a promise to carry its wisdom to the future, to build a city that prospers and has a soul. Mr. president, I told you at the beginning that I come here as a salesman. Now you know what I am selling: Gelephu Mindfulness City. So to governments and institutions seeking partnership and to investors, entrepreneurs and companies seeking the next great opportunity, do not watch GMC being built. Come to Bhutan. Come to GMC. Help define the journey. Build it with us.

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This transition should ultimately lead to free and fair elections, in which all Sudanese participate under international and regional observation, allowing our people to determine who governs them at the conclusion of the democratic transition. Sudan has joined the borrowers Platform in recognition of the importance of development financing. We are actively participating in its foundational work in preparation for its first session next October. This is undertaken in support of efforts to implement a roadmap for debt relief. Sudan also seeks to improve relations with international financial institutions, secure the lifting of its temporary suspension from the International Monetary Fund, and establish development partnerships that will enable it to manage the recovery stage. We wish to express our sincere gratitude to the Least Developed Countries Group for the confidence it has placed in us, and for electing us as vice chair of the group's International Coordinating Bureau by consensus. We shall work to advance its development interests and economic recovery and ensure a smooth and secure graduation from this category. In the same spirit, Sudan has been among the first countries to join the Global Alliance for South, South and Triangular Cooperation. This reflects our belief in the importance of strengthening solidarity, mutual benefit and horizontal partnership as an alternative to traditional vertical aid based relations. We hope that our membership will help leverage the considerable influence of this alliance in preparing the country for the post war period, including economic recovery and reconstruction. Mr. president, we reaffirm Sudan's openness to any sincere and constructive effort aimed at ending the war imposed on its people, thereby securing peace, preserving the unity, territorial integrity and political independence of the state and preventing the outbreak of another armed rebellion.

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Ladies and gentlemen, heads of state and government, our recent experience permits me respectfully to state a certitude: when governance models are tailored to reflect the historical, social, and cultural realities of each nation, rather than haphazardly being imposed, that is when development accelerates. Let us consider Asia. Let us consider certain nations in the Middle East. They did not wait for an external model to be endorsed in order to become prosperous. They drew inspiration from the universal experience while at the same time tailoring that to their national brilliance. In one generation they managed to achieve what others spent a century attaining. Africa too can embark upon this path. This is not reflective of a rejection of the world, nor rejection of international cooperation.

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I am pleased to highlight Mongolia's active leadership within the United Nations in advancing the interests of landlocked developing countries drawing greater international attention to their special needs and unique circumstances, and cooperating with these countries to ensure that their voices are heard on the global stage. Mongolia has launched several important initiatives in this regard, including serving as one of the founding members of the Group of Landlocked Developing Countries at the United Nations and the establishment of the International Think Tank for Landlocked Developing Countries in Ulaanbaatar. To translate the Awaza programme of action into tangible outcomes, it is essential for landlocked developing countries to align the programme with their national development agendas and make full use of available resources and opportunities to accelerate regional integration and cooperation. We also call upon the international community, banks, financial institutions and development partners to provide credible assistance to landlocked developing countries through their support and collaboration. Mr. President, as the deadline for the 2030 agenda for Sustainable Development approaches, the SDG report 2026 shows that only 36% of the Sustainable Development Goals are on track or making moderate progress, while 15% are regressing. It is deeply regrettable that, according to the latest report of the Stockholm International Peace Research Institute released at this critical time, global military expenditure has reached an all time high of 2.9 trillion USD. It is time for all of us to ponder and reflect with common sense, on what progress could have been achieved in the development of human society if this huge budget and funds had been spent on tackling pressing issues such as combating global warming and climate change, and improving education, health, food security and advancement of women and children. According to the SDG report 2026, Mongolia has achieved 68.8% of the SDGs, reflecting the tangible results of our efforts and the progress we have made in recent years. As a country experiencing the adverse impacts of climate change firsthand, Mongolia has remained steadfast in contributing to global collective efforts to protect and preserve our natural environment.

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Therefore, the success of an economy is not measured only by how much production grows, but rather how much it's able to reduce poverty. It's measured in young people with decent jobs and children with a better education, in citizens who are able to build their future with dignity. And this also must guide the agenda of international development. Middle-income countries face vulnerabilities that income per capita does not reflect. We ask that access to cooperation and financing be defined using more fair vulnerability criteria, and that the international financial architecture support the efforts of those who are undertaking reforms. We believe in open, predictable, and equitable trade. When a producer can export, innovate, and grow, there's a family behind that can be lifted out of poverty. The best social policy is policy that generates opportunities.

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We come from a country that is diverse in its opinions, but one that is deeply committed to the possibility of building a common future. And we believe that this combination diversity of ideas and cohesion around the future can also serve as our contribution to the international community. Today, we are living through a particularly difficult period. Extreme inequality remains one of the great threats to coexistence. Poverty continues to deprive millions of people of basic opportunities, and wars continue to destroy lives, communities, and hopes. While we discuss growth, technology, artificial intelligence, the energy transition, or new forms of production, there are millions of people who continue to ask themselves far more basic questions how will I feed my children? How can I find housing? How can I find a job? Or how can I face tomorrow without fear? We mustn't lose sight of that reality. Development makes sense when it improves people's lives. Economies make sense when they serve society. Technology makes sense when it expands our freedoms and opportunities. And politics makes sense when it is able to transform reality, to bring happiness to our people. We are speaking from the experience of a small country removed from the great centers of power.

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We should keep development at the center of the international agenda and jointly forge a global development partnership based on unity and equality, and that is balanced and inclusive. It is important to give priority to key areas including poverty reduction, food security and energy transition, step up resource input and increase support for countries in the global South. Developed countries should honor their commitment to development financing and climate financing. The international community should also build consensus and pool strength to formulate the post 2030 global development agenda. Facing a new scientific and technological revolution and industrial transformation, especially the dynamic development of artificial intelligence, we should take a people centered approach and develop AI for the positive and for good, narrow the digital divide and promote development that is universally beneficial. Both history and reality prove that countries can hardly achieve development without an open and cooperative international environment.

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While we are a few years away from 2030, progress towards attainment of the SDGs is still unimpressive. Given this situation, we need to improve our execution and ensure that every cent invested delivers results. Tanzania remains committed and has made strides in implementing the 2030 Agenda. Tanzania Vision 2050, aim to build an inclusive and competitive economy that ensures quality of life for all. We are investing in our people, productive infrastructure, technology and innovation, while creating greater opportunities for women and young people. Our ambition is to transform economic growth into lasting improvements in people's lives. These ambitions may not be realized if the international financial architecture is not made to work for development. Currently, when developing countries are accelerating progress, they are restricted by high borrowing costs, rising debt burdens, and limited access to affordable longterm finance. Tanzania stresses that improvements must be made to ensure the expansion of concessional financing, mobilization of private investment, improved access to development and climate finance, and giving developing countries a stronger voice in global financial decisionmaking. It is without a doubt that political commitment is paramount in undertaking focused investment.

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As the 2030 Agenda enters its final years, partnership must remain central to accelerating SDG progress. Kiribati recently presented its Second Voluntary National Review (VNR), reaffirming our commitment to the 2030 Agenda. We value our longstanding diplomatic relations with traditional partners and welcome countries seeking new partnerships based on mutual respect, shared interests, transparency, sovereign equality and respect for our national priorities. This year, following the submission of our second VNR, my Government convened its first Development Partners Forum on Kiritimati Island, or Christmas Island, which we highly value as the world’s largest coral atoll and the first island to see each new day’s sunrise. The Forum strengthened partnerships between Kiribati and its Development Partners and showcased two flagship projects critical to accelerating economic growth and sustainable development. Participants included Australia, the People’s Republic of China, the European Union, New Zealand, Japan, the United States of America, the World Bank, the Asian Development Bank, and UN agencies.

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Sovereignty for all peoples across the board. My third conviction is that we must not yield to a divided world. Many describe this rift. Many talk about this rift between the North and the South. We won't be able to tackle any of the challenges our planet faces if we give in to this rift, and it is fueled by double standards, this rift. However, we need the North and the South to reconcile so that they can tackle climate health development challenges. And that's why over the last few years, we've launched many more initiatives. and the African Union. When it came to shoring up economies together with the International Monetary Fund to reform special drawing rights and make progress for African economies. And we held our word $100 billion in special drawing rights allocated to helping African countries. We must stay the course, ensuring that we remain united without pitting anyone against anyone else. That is why it's important that the global health infrastructure must remain intact. We will continue reforming that architecture, but we will never weaken the WHO. We must put the finishing touches on the Pandemics Treaty. Africa CDC should be in a position to combat Ebola ever more effectively. We must be clear sighted as we reform our official development assistance, ODA. We must ensure that our investments exhibit greater solidarity, that they're more effective. This is what we did with the Paris Pact for people and Planet in 2023. Also at the Africa Summit in Nairobi, we also agreed to build a new consensus around investment that stands in solidarity with other states. Countries are allocating funds, and yet the needs of the countries of the global South are growing as well. We need to go faster and go further to help the IMF and the World Bank To be more effective, we must bolster the effectiveness of the instruments at their disposal so that we can mobilize the private sector better, creating guarantee mechanisms to ensure that in emerging economies, middle income countries and developing countries, a more effective response can be mounted to the problems they face. This is the kind of new partnership we must forge in order to ensure that there is no gap, no division, between the North and the South. In a similar vein, this north south partnership requires and will require us to wield our capacity to reopen a dialogue about our common history, our cultural relationships and remembrance.

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As we forge ahead with the SDGs, reform of the United International Financial Architecture is critical to a more equitable and inclusive global economic order. Such reforms should create greater policy space and access to financing to enable countries to expand their economies through value addition to their natural resources, including critical minerals, for our people to have full benefit of our resources. This will accelerate sustainable development, address inequality, create jobs for our youth, and lift our population out of poverty. In this context, we welcome the creation of the African Credit Rating Agency to be launched in Mauritius in October this year. This development is a building block of Africa taking ownership of her development and prosperity agenda. It demonstrates progress in Africa's ambitions to drive impetus for the reform of the international financial architecture in order to ensure a level playing field. Middle-income countries continue to face high borrowing costs, limited fiscal space, debt vulnerabilities, climate-related shocks, and persistent inequality. Namibia reaffirms the Sevilla Commitments as an important step towards reforming the international financial architecture and strengthening the global partnership for sustainable development.

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Second, we call on the next Secretary-General to provide strong leadership across the UN's development and human rights pillars. The authors of the UN Charter understood that peace and security cannot be sustained without creating the conditions for Member States to provide their citizens with prosperity and the full enjoyment of human rights. With significant changes in the global development cooperation landscape, we ask you to ensure that the UN is clear about where its comparative advantage lies, alongside the role of governments, regional organisations and international financial institutions. Citizens and donors expect the UN to operate as one, with agencies working together through a strengthened Resident coordinator system. We will work with you to ensure the UN is more coordinated and focused on strengthening local capacity and partnerships to address a country's development needs. The UN development system must remain relevant, responsive and accessible to all member states based on need rather than size, income level or location. We welcome progress in advancing the UN's Multidimensional Vulnerability Index, and want to see further work to ensure its practical application across the multilateral development system. In the face of contracting development finance flows and increasing debt levels, we need to ensure our ambitions are matched by more sustainable and predictable financing. This will inevitably involve moving beyond exclusive reliance on traditional sources and approaches. President, as Pacific Islands Forum leaders recently reaffirmed in Palau, climate change remains the single greatest threat to the livelihoods, security and wellbeing of Pacific peoples.

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Humanity will have to address this question, no matter how devastating the consequences may be. My friends, this was true in 1961 and sadly remains manifest today. This is why Barbados throws its full support behind the establishment of the International Panel on Inequality that is being proposed. Growing inequality is at the centre of geopolitical discussions, tensions, distrust in institutions and indeed the increasing number of conflicts that we see. It is for this reason that we reject the notion that governments must refrain from policy interventions that are essential to creating a level and fair playing field for ordinary citizens. We know that it is the policy choices of government that has led to this injustice, and it is the policy choices of governments that must now remove it. For us, this is as important a battle as the climate crisis. Mr. President, that brings me to that crisis.

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This cannot be fair. So that, believe me when I say that change is possible. As we have seen consistently with measures from the Bridgetown Initiative in less than one year, Barbados as chair of the climate Vulnerable countries, the V20 countries, along with the OPEC Fund for International Development, designed and launched the Vulnerability to Viability Compact on four pillars, bringing about 74 countries along with 16 development finance institutions globally, to expand access to affordable long term capital for education projects, health projects and water infrastructure. The CVF also had its governors of the central bank meet to establish the Lifeline Fund, which will shortly be operationalized. It seeks to provide rapid liquidity when climate shocks create balance of payments pressures for countries. So we are moving to help ourselves. We have been resolute, and the reason for it is that we know that you cannot build hospitals and schools and water infrastructure with ten and 15 year money. It crowds out critical investments for our people and leaves you flat footed. And that is why this important initiative represents real progress. But mechanisms such as this one cannot, on their own, address the underlying flaws of the international financial architecture. I repeat that for almost five years, the Bridgetown Initiative has consistently argued that climate resilience, debt sustainability and access to affordable finance cannot be treated separately. For many vulnerable countries, the problem is not simply the availability of capital, but whether we have the fiscal space to borrow and to invest on reasonable terms.

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International commitments must be translated into action and bring people lives of peace, security, dignity and happiness. It is for this reason that the Pact for the Future and the 2030 agenda, our promises to present and future generations must be implemented earnestly and in full. Commitments on financing for development, including. The severe commitment must be translated into concrete measures, expanding access to long term financing at affordable cost, supporting countries burdened by debt, and amplifying the voice of developing countries in international financial and monetary institutions. The multilateral trading system must be strengthened in an open equitable and transparent manner, ensuring development opportunities for all countries. Climate action must be accorded its rightful place in development cooperation, particularly via the adaptation finance, technology transfer and a just energy transition. Development must be people centred and leave no one behind. Growth must go hand in hand with social progress and equity environmental protection and the safeguarding of people's livelihoods, especially for vulnerable countries and communities.

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The Lao PDR remains fully committed to its formal graduation from least developed country status, in accordance with relevant General Assembly resolution. As 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 of 2026 to 2029. We call on our international partners to provide predictable transition support, extend smooth adjustments regarding international support measures, and expand concessional financing to build enduring economic resilience. The 2030 agenda for Sustainable Development remains fully embedded within our national planning. As we prepare to present our fourth voluntary national review at the 2027 High Level Political Forum, we remain dedicated to an open, transparent assessment of our progress.

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This painful fiscal trade offs come at the expense of investment in the education and health, which should never be the case. For millions of vulnerable people, global development can sometimes appear to be moving from one framework to another framework, one set promises to the next, without sufficient transformation in their daily lives. New declarations and targets have value, but they cannot substitute for effective implementation. This is why this year's theme is both timely and necessary. Trust in the UN will not be restored through declarations alone.

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Excellencies, ladies and gentlemen, financing is vital for development. Therefore, the promise of sustainable development cannot be fulfilled without reform of the international financial architecture. In the same way that the Security Council must reflect today's political realities, international financial institutions must effectively respond to today's economic and environmental realities with relevant, affordable and accessible financial products, which can be disbursed in a timely manner. In conclusion, Somalia is proudly playing an active role in global stability both at home and within the key existing multilateral structures of global governance. We are also rebuilding our economy and unwaveringly committing to democracy and people centred, people led, people own development. As we march forward with purpose and determination, we invite Africa and the rest of the world to remain our champions on this journey.

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We also maintain that the vulnerability of small island states should be assessed beyond per capita income, taking into account their specific characteristics and structural constraints. In this context, we call for the Multidimensional Vulnerability Index to be translated into concrete eligibility criteria for concessional financing. We likewise advocate for the full operationalization of the fund for responding to loss and damage, and simpler, more effective access to the Green Climate Fund. The limited institutional capacity of vulnerable countries must not become an obstacle to accessing the very instruments created to support them. In the case of Sao Tomé and Principe, this issue is particularly relevant following our graduation to middle income country status, which was an important milestone and a recognition of the progress achieved in human development. It nonetheless requires appropriate transition measures capable of consolidating these gains and shielding the country from external shocks. It is as part of this effort of consolidation that the energy transition finds its place, a transition that is for us an economic, financial, social and environmental necessity.

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We also need to keep the promise of a world where no one is condemned to suffer hunger, to be deprived of care, or to be displaced by war, or to fall victim to exclusion or discrimination. This same requirement for dignity needs to guide our approach to migrations as well. Because behind statistics and debates there are women, children and men who carry with them a history, talents, hopes and sometimes the burden of exile. For generations, Haitians settled abroad have contributed to the societies that welcomed them. From this rostrum, I wish to express my thanks to the countries that have opened their doors and have encouraged their integration. Haiti was a land of welcome, refuge and hope, and we are working to make sure it becomes that again. We want it to be a country where one can stay, return and live and build one's future in dignity. But I also want to recall forcefully that respect for dignity and fundamental rights of all migrants must be upheld, no matter their situation. No circumstance can justify trampling their dignity underfoot. The protection of a border and respect for human dignity are not incompatible. These must go hand in hand. A border can and must be protected without sacrificing human dignity. The destiny of migrants calls upon us to shoulder a shared responsibility and ensure sustainable responses. Because crises that are left to fester will breed displacement and forced migration. That is the case with the security crisis in Haiti, which led to the exodus of thousands of Haitians. The response to this crisis in Haiti will mean reestablishing security, stability and economic recovery. These are the three priorities of my government.

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But the international system can widen or narrow our choices. Technology transfer, resilient supply chains and accessible finance expand choice. Technological dependence, external shocks and unsustainable debt limits it. This is why reform of the international financial architecture matters. We must implement the Sevilla Commitment and deliver on its promises on finance, debt and reform. Earlier this year, the Maldives joined other developing countries in launching the Borrowers’ Platform. It must become a lasting mechanism that gives developing countries not just a place in the financial system, but a voice in shaping it. But for SIDS, greater agency also depends on progress at home. We must build our institutions, improve stability, and attract responsible investment and meaningful partnerships. And these partnerships must build national capacity and support national ambitions. Partnerships must serve national needs, strengthen what we have and leave us more capable than before. Our shared challenges can become shared opportunities. This is the spirit of President Dr Muizzu’s Maldives First policy.

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Last year OECD donors spent about $175 billion on development assistance... a 23% drop year-on year. And yet military expenditures approached $3 trillion.... capping 11 straight years of growth. All the while progress on the SDGs has stalled at just over a third of targets, and developing countries are now paying the price for supply chain disruptions they did not cause and cannot cure. The contrasts could not be more stark. We must better prioritize how our resources are spent by augmenting development assistance, addressing debt burdens, reforming the international financial architecture, fulfilling our Sevilla and Paris commitments. And implementing the programmes of action for LDCs, LLDCs, SIDs, as well as the AU’s Agenda 2063. Because where we have done so, the results are clear: Over the past decade, nearly one billion people have gained access to safely managed drinking water. Electricity now reaches 92 per cent of the world’s population. And internet access has risen from 40 per cent to 74 per cent. Behind these figures are healthier children, more resilient communities, greater opportunities for women and girls, and renewed hope. These gains show that accelerating the SDGs is possible when developing countries and development partners work in concert. This indeed is a shared responsibility. Developing countries must also intensify their own efforts through domestic resource mobilization and plug any leakage or corruption, including capital flight — A plague that, until recently, undermined development in my own country under a repressive, authoritarian regime.

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The Pacific's experience underscores this imperative. Climate impacts are steadily eroding development gains and placing progress across the goals further at risk. The recent typhoon and severe flooding in our states, and more frequent king tides affecting our low lying islands demonstrate that these are no longer isolated events, but recurring pressures that test the resilience of our communities on the frontline of climate crisis. For us, achieving the SDGs requires accelerated action.

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Mr. 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 UN80 reform initiatives. In addressing the UN Country Team reconfiguration, we firmly believe that both the Multi-Country office and the Resident Coordinator system must remain securely in place.

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With less than four years to implement the 2030 Agenda, only 36% of the Sustainable Development Goals are on track or showing moderate progress, while developing countries face an annual financing gap exceeding US $4 trillion. The Sevilla Commitment must now be implemented through greater affordable, long term and concessional finance, timely development oriented debt treatment and a more effective channelling of special drawing rights. Development cannot flourish when its financing is prohibitively expensive. Reform must decisively address Africa's excessive risk premiums and borrowing costs. The need to strengthen the voice of developing countries in global financial institutions, curb illicit financial flows and tax abuse, as well as secure fair returns from natural resources cannot be over emphasized. Zimbabwe is continuously strengthening its capacity to mobilise domestic resources, enhance public financial management and foster a favourable environment for productive investment and our National Vision 2030. We are strengthening the important linkage between mining and agriculture, which is driving growth in Zimbabwe's manufacturing sector.

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Distinguished delegates. Institutions earn trust through what their members are prepared to do. A greater voice must come with a willingness to contribute. Shared ownership, therefore, must lead to shared responsibility. The Charter begins with the words "We the peoples". Thailand believes that this work must begin at home. The Sustainable Development Goals provide us with an important framework that goes beyond development. Ultimately, they are about enabling people to live in peace and dignity. Progress towards achieving the SDGs also shapes how we are building a strong and resilient economy, and how we remain accountable to our people. Thailand will leverage our strengths. We are building upon our strong agricultural base to be a source of food security for the world. Meanwhile, our universal health coverage ensures that people have access to affordable and quality healthcare while also developing Thailand into a medical and wellness hub.

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We must acknowledge that progress is uneven. The world cannot continue to adopt ambitious commitments while developing countries struggle to finance their implementation. For Zambia, the SDGs must translate into tangible improvements in the lives of our people. A child receiving quality education, a mother accessing safe healthcare, a farmer having reliable water and markets, a young person finding decent employment and a family having access to electricity. A community having accessible roads, access to clean water and sanitation. A small business gaining access to finance. That is what development means to us as Zambians. Mr. 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 our country's 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 mobilise private investment for sustainable development. Mr. president, I turn to multilateralism, geopolitics and peace and security.

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South-South cooperation remains an important complement to ODA. Partnerships among developing countries have enabled us to share expertise, technology, innovation and practical solutions suited to our circumstances. The support of Papua New Guinea, Indonesia, India and our Pacific family embodies the true spirit of South-South solidarity and we value it deeply. We also acknowledge the partnership of multilateral organisations, NGOs and the private sector in supporting development work in Solomon Islands. At home, my government is working hand in hand with churches to build stronger, more inclusive communities. Cooperation and partnership at every level and across borders are critical to nation building, and my government remains fully committed to them. Mr. president, as a small island developing state, our vulnerability remains a fundamental reality. A single natural disaster can erase years of investment and progress and push the nation backwards. The Multidimensional Vulnerability Index captures the special circumstances of SIDS in a way that income measures alone does not. We call on international financial institutions to integrate the MVI into their financing decisions for SIDS without further delay. Mr. president, last year, the world spent more than $3 trillion on its militaries. That is more than 16 times all ODA. In less than 18 days, the world spends more on arms than developed countries provide in a full year of climate finance. In the same year that military spending reached its highest share of global output since 2009, development aid had its steepest fall on record. Bilateral aid to the least developed countries fell by a quarter. This imbalance must be corrected. Redirecting even a small share of this spending would fully capitalize the Pacific Resilience Facility and the Loss and Damage Fund, secure the Green Climate Fund's third replenishment and meet ODA targets.

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And we hope to mobilize $1.5 billion over five years for the implementation of the United Nations Sustainable Development Cooperation Framework for the period 2024 2028. Yet, beyond commitments and resources mobilized, what matters to us is their tangible impact on the daily lives of our people.

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We must not neglect the reform of the international financial architecture. This means we need to rebalance access to financing. Current aid and lending criteria often rely solely on GDP per capita, excluding many vulnerable countries. The United Nations should therefore take into account the Multidimensional Vulnerability Index so that access to concessional financing reflects climate shocks and external debt burdens. It would also be wise to support durable debt relief. This means advocating for a faster, more predictable, and more inclusive sovereign debt restructuring mechanism that would allow vulnerable countries to invest in the Sustainable Development Goals, rather than servicing unsustainable interest payments. The procedures for accessing UN funds should also be drastically simplified in order to reduce disbursement delays. For a vulnerable state facing crisis, administrative slowness undermines confidence in the effectiveness of multilateralism. Third, greater effectiveness in responding to climate and humanitarian emergencies.

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With the 2030 agenda less than four years away, only 36% of assessable 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. Consistent with the Compromiso de Sevilla, we call for stronger international cooperation to mobilize development financing, facilitate technology transfer and strengthen capacity building. As a country that has newly attained upper middle income status, the Philippines knows that income classification is not the end of the journey. Our metrics must evolve to capture the structural vulnerabilities, debt burdens, and inequalities that continue to affect middle income countries. Put a face to the digital revolution and to the rise of artificial intelligence.

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The proclamation at the Initiative of Turkmenistan of the United Nations Decade of Sustainable Transport for 2026 2035 has launched an important mechanism for systematic work coordinated by the United Nations Department of Economic and Social Affairs, to put into practice the Decade's Implementation Plan. Within the framework of this long term undertaking, our country will continue its work toward the creation of a global atlas of sustainable transport connectivity, a comprehensive, analytical and informational tool for assessing progress, identifying infrastructure gaps and coordinating international efforts. During the 81st session, Turkmenistan will actively support the implementation of the Programme of Action for Landlocked Developing Countries for the decade 2024 2034 and the Awaza Political Declaration. In this context, we particularly welcome the election of Turkmenistan as a chair of the Group of Landlocked Developing Countries for 2027 2028.

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Azerbaijan's commitment to international solidarity and cooperation is equally reflected in our development and humanitarian assistance. In recent years, Azerbaijan has significantly expanded the scope of its international aid with particular attention to small island developing states and African partner countries. Since 2020, we have provided humanitarian, economic and technical assistance worth approximately USD 400 million to more than 140 countries. As we mark the 40th anniversary of the declaration on the Right to Development, Azerbaijan reaffirms its commitment to partnership based approaches founded on solidarity, mutual respect and shared development priorities. Ladies and gentlemen, as we inch closer to 2030, it is becoming even more apparent that the world remains off track in implementing the Sustainable Development Goals. Azerbaijan is firmly committed to the 2030 agenda for Sustainable Development, having integrated the SDGs into its national development strategies institutional frameworks and voluntary national review processes, while placing particular emphasis on connectivity, green growth, digitalisation and sustainable urban development. In less than two decades, Azerbaijan's GDP has increased threefold, while the poverty rate has declined from 49 to around 5%.

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The conclusions of the High Level Political Forum of July 2026 confirmed that the international community remains far away from achieving the Sustainable Development Goals. Four years before the 2030 deadline, we no longer have any time left to make nice statements. It's now time to act, to provide equitable financing and achieve economic justice. In light of these challenges, collective, ambitious responses with solidarity are necessary. The Pact for the Future, the Compromiso de Sevilla, the Doha Programme of Action, the UN80 Initiative and the Awaza programme of action for landlocked developing countries can contribute to making the multilateral system more effective, more inclusive and more focused on results as long as they do not just remain promises. Our priorities must be clearly defined reducing the digital gap, strengthening climate resilience, investing in human capital, consolidating and strengthening education and health systems, supporting industrialisation, ensuring the effective participation of youth and women in decision making. International solidarity is necessary. However, the experience of the AES also shows that the mobilisation of domestic resources as supporting trust, national solidarity and the participation of citizens is the best tool available for freeing up our economic potential.

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Reform of global governance must also transform the international financial architecture: more equitable representation for developing countries in international financial institutions, fair treatment of debt, access to real financing for development, more equitable international trade and respect for national priorities. Mr. president, the AES Confederation remains resolutely committed to working alongside all Member states of the United Nations to achieve a more just, equitable international order with more solidarity based on the dignity of peoples, sovereign equality of states, international justice and the peaceful settlement of disputes.

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Education, employment, infrastructure and the opportunities offered up to our young people are also part and parcel of our efforts aimed at preventing the vulnerabilities, the very vulnerabilities which terrorist groups seek to exploit. Excellencies, ladies and gentlemen, collective security can only last if we also have economic and financial security. There is indeed another source of fragility at the international level, and that is the fragility of development financing. Many developing countries are facing a particularly difficult equation. They must accelerate their development and at the same time fund their energy transition, as well as adapt to climate change, on top of investing in health, education, the digital sphere and meeting growing social needs. However, these requirements are piling up against the backdrop of a context where access to funding is increasingly costly, where fiscal space is shrinking. Such a situation is no more sustainable than it is equitable. Therefore, Benin calls for ongoing transformation of the international financial architecture, the objective being to allow developing countries to access more accessible, predictable financing financing that is better tailored to their development trajectories.

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Over the past decades, this assembly has built consensus and undertaken numerous commitments towards the achievement of common goals. Many of these commitments, however, remain unfulfilled. Enormous gaps persist in financing for development and climate action, alongside high levels of poverty and social inequality, and a growing and unsustainable debt burden on the economies of developing countries in the face of this reality. We need more multilateralism, effective international cooperation, and more united and determined collective action. No country, however powerful, can face today's challenges alone.

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We aim to process and add value to our resources domestically, and this explains our interest in special economic zones because we think political sovereignty must go hand in hand with economic sovereignty. Our vision, I would like to point out, aligns with the Sustainable Development Goals, the SDGs and the 2063 African Union agenda, the Africa we want. But let's be lucid and pragmatic here. The ambitions of our development of the Republic of the Congo and many other African countries are impeded by the burden of debt inequalities in the international financial system and the consequences of climate change. Four years before the 2030 SDG deadline, we cannot afford another collective failure. The Republic of the Congo, therefore, calls for an ambitious international action on the issue of developing country debt, including through debt relief and, where appropriate, debt cancellation measures to free resources for SDG related investments. Your excellencies, ladies and gentlemen, Africa is not the world's periphery. It is one of its centers of gravity and a source of multilateral renewal.

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Peace and security cannot be separated from development, nor can development be separated from human rights. Conflict destroyed development gain. Poverty fuels instability. Climate change increased pressure on food, water and community. We must also not overlook the devastating humanitarian and socio economic situation in Cuba, where prolonged hardship is placing an immense burden on the daily life of the Cuban people. We must therefore treat peace, security, human rights and sustainable development as part of the same agenda. The SDG remains our common commitment. The Pact for the Future provides an opportunity to strengthen multilateralism and accelerate implementation of the 2030 agenda. But commitments are not enough. We need implementation, financing and accountability. We also need a fairer and more inclusive international financial architecture, supported by adequate resources and greater financial stability for the UN itself. The triple planetary crisis, climate change, biodiversity loss and pollution is already affecting peace and security. Environmental degradation fuel food insecurity, water scarcity and displacement. The Paris Agreement must be fully implemented. The 1.5 degree goal must remain within reach. The transition must be just and no country should be left behind. Food security must also remain at the heart of our collective effort.

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At least 73% of the activities under the government's 31 point programme have a direct alignment and 27% an indirect alignment with the United Nations Sustainable Development Goals and their guiding principle of leave no one behind. The government hopes that through the implementation of these programmes, development disparities between urban and rural areas will be reduced, while accountability and inclusive sustainable development will be advanced across all areas of the 2030 agenda. The Government of Bangladesh has accorded special importance to education, health and sports. The highest budgetary allocation in the country's history have been made in the education sector.

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Bangladesh is awaiting graduation from the list of least developed countries. For Bangladesh, as well as for all other countries undergoing this process, sustained support in areas such as assured financing greater market access, technology transfer and capacity building is essential to make the graduation process sustainable. In the present world order, all countries are interdependent. Bangladesh believes that, particularly at the regional level, we can help one another achieve prosperity through the facilitation and expansion of trade, effective connectivity and meaningful cooperation.

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Yet challenges persist. Economic diversification remains limited, youth unemployment stands at 38%, and climate related shocks and inequality continue to constrain inclusive transformation. With only three years remaining until 2030, we appeal to the international community to honour their official Development assistance commitments, which is an essential step in restoring trust. We further call for reform of the international financial architecture to make it more equitable, fit for purpose and responsive to the needs of developing countries, as agreed at the Fourth Summit for Financing for Development, FfD4, held in Seville, Spain last year. We also urge full implementation of the outcomes of the Third Summit of Landlocked Developing Countries held in Awasa, Turkmenistan, in August 2025. The implementation of these outcomes without further delay, together with the Pact for the Future, will undoubtedly help restore eroded trust.

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Mr. president, this transformation must also take place in the international financial system. Grenada welcomes growing recognition that development and vulnerability cannot be assessed by income alone. The Multidimensional Vulnerability Index offers an important opportunity to better recognise the structural circumstances of small island developing states. Our vulnerable. Our vulnerabilities are shaped by exposure to climate change, natural disasters, external economic shocks and other circumstances that cannot adequately be captured through income per capita. Grenada, therefore, encourages member states, development partners and international financial institutions to advance vulnerability informed approaches to development financing. Greater access to financing, climate finance, disaster risk financing, and innovative financial instruments can help countries move from vulnerability to resilience and from recovery to sustainable growth. Mr. president, at the centre of all of this must be our young people.

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This is the promise that the UAE makes to its people and to all who call it home. And it is also the bedrock of our international partnerships, particularly with the nations of the Global South and the African continent, which have matured into an enduring strategic cooperation rooted in mutual respect and shared interests. The UAE continues to expand its investments in artificial intelligence, emerging technologies, healthcare and education. We are also strengthening our position as a trusted and responsible leader in the energy sector, balancing the needs of today with bold investment in solutions of tomorrow and driving the historic commitments of the UAE Consensus toward long term collective action.

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However, a country's progress shouldn't— progress in a country should not mean that a country is penalized. Middle-income countries host 3 in every 4 people on the planet and 2 in every 3 people in extreme poverty, and nevertheless, GDP continues to be used exclusively for concessional financing. So we're calling for a process like the one that was initiated in the Pact for the Future, to achieve a common framework to measure progress beyond GDP, and for international financial institutions to incorporate these criteria in the multidimensional vulnerability index. Because what can't be measured and what isn't measured doesn't influence decisions, and what doesn't influence decisions does not receive attention. For a small island country, climate change is not an abstract matter, ladies and gentlemen.

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We cannot continue to walk up the down escalator pretending it is development. Mr. President, we renew our call for the full operationalisation of the Multidimensional Vulnerability Index so that access to concessional financing is not constrained by per capita income, but reflects the real climate risks small island states face and their limited capacity to respond to such large events. We also call for the swift implementation of reforms set out in the Antigua and Barbuda agenda for SIDS. Further, we support the continuing work of the Bridgetown Initiative to reform the international financial architecture, including automatic debt service suspension clauses when disaster strikes, expanded and rechanneled Special Drawing Rights and multilateral development banks that lend like development partners rather than like commercial creditors. Mr. President, we must also accept that affordable, patient concessional capital is not charity to small states. It is justice for states that contribute the least to the climate crisis, yet bear the highest costs.

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Inequality and underdevelopment are the result of political choices. It is possible to include the poor in the budget and make the rich pay their share. It is necessary to cut privileges and invest in free quality education and health care. There is a legitimate desire for change throughout the world, but change is not the same as going backwards. It's not about taking away rights. It's not about reviving theories of racial supremacy or female subjugation. It's not about recolonizing the global South. Change means moving towards a more participatory future and more achievements. It is about creating and sharing effective public solutions to development challenge through a democratic, strong, efficient and capable state. It's about betting on the spirit of solidarity and cooperation with Africa, Asia, Latin America and the Caribbean region. Initiatives such as the Global Alliance Against Hunger and Poverty, launched by Brazil and the UN Intergovernmental Panel on Inequalities, launched by South Africa, stem from this political will.

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Mr. president, Your Excellencies, peace and development are inseparable, which compels us to consider strategies that can help accelerate the implementation of the 2030 agenda. The important decisions adopted under the Pact for the Future and the Seville Commitment can help advance development programmes in Africa. However, in order to achieve concrete results in these areas, it is essential to ensure affordable financing, debt relief, technology transfer, capacity building and a greater participation of international financial institutions. African countries spend far more resources on the exorbitant cost of debt servicing than they are able to invest in health, education, infrastructure development programmes. This situation obviously limits productive investment, deepens inequalities and economic disparities, and threatens economic and social stability. In view of this, it is imperative to correct these distortions and I therefore reiterate the call for the immediate reform of the international financial architecture in order to make it fairer, more equitable, democratic and geared towards the progress and wellbeing of humankind.

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A country does not become less vulnerable to hurricanes and other natural disasters, because its per capita income has crossed an arbitrary threshold. We therefore continue to advocate for the use of measures that go beyond GDP, including multidimensional vulnerability indices in determining access to concessional and development finance. Mr. president, Jamaica brings this message to the international community from a position not only of vulnerability but one of responsibility. Over the past decade, we have undertaken difficult reforms and made difficult decisions.

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Developing countries cannot reasonably be expected to simultaneously finance climate adaptation, modernize infrastructure, strengthen social protection, manage debt, absorb external shocks and achieve the Sustainable Development Goals without an international financial system responsive to their realities. We do not ask to be relieved of responsibility. We ask for an international system that gives responsible countries the space and support to succeed.

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Thus, through appropriate reforms, the government, in addition to improving political situation, we've improved economic governance, including better management of public affairs and greater domestic resource mobilisation. Me and my country today, I must say, works very hard to mobilize the resources that we need, because the international assistance on its own, however great it is, never developed a country. If we looked today, the level of international assistance and we compare that with the needs for financing in our countries, the places where millions of young people arrive at the labour market in Mali and Burkina Faso and Niger and in Africa, we can see that the international assistance will never be enough, and we need to mobilize our own resources, and we need to have confidence that we will be able to have other sources of funding so that our country can move forward, so our countries will continue counting on their own whilst leaving the door open, who want to work with us.

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We have increased our contribution to the Office of the Special Representative of the Secretary-General for Children in Armed Conflict, we have strengthened our support for UNICEF programs, and we are taking active part in the negotiations of the future Convention on Crimes Against Humanity, with particular attention to the protection of children. Excellencies, the 2030 Agenda remains the most ambitious collective commitment ever undertaken by the international community. It is not merely a set of technical objectives, nor is it simply an international planning framework; it is a promise, the promise that the place where a person is born should not determine their opportunities, life expectancy, or future. The effects of global warming are being felt across many of the world's regions, from coastal areas and river deltas to the most vulnerable territories, which are increasingly exposed to extreme weather events.

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Mr. president, the Marshall Islands faces complex challenges in tackling the SDGs but we are committed, with all of our efforts to ensure no one is left behind. Our national planning is now firmly linked to SDG goals and targets, and our actions prove our commitment. We have developed direct assistance to vulnerable groups, including mothers and early childhood development, and we are also reaching out to our entire in-country population with quarterly supplemental income and improved access to digital finance tools. Our aspirations must be better matched by partnership and island scale investment and policy innovation. I must underscore the direct need for data capacity support to measure progress and effectiveness for small island developing states. If we cannot assess the SDGs, we cannot correct course. Mr. president.

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Mr. President, one of the greatest obstacles to sustainable development is inadequate financing. Many developing countries devote substantial resources to debt servicing at the expense of education, healthcare and infrastructure. Nigeria, therefore, calls for reform of the international financial architecture, wider access to concessional financing and debt sustainability frameworks that recognize developmental needs. We also support innovative financing through private capital, blended finance, South-South cooperation and strategic partnerships for sustainable development, climate adaptation and resilient infrastructure. Nigeria further recognizes the African Continental Free Trade Area as one of the continent's most transformative opportunities. It can strengthen regional value chains, expand intra-African trade, promote industrialization, and attract investment.

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Developing countries continue to face high financing costs, external vulnerabilities and limited fiscal space. Access to climate finance and reform of the international financial architecture therefore remain essential. In this regard, the Sevilla Commitment represents an important step forward whose commitments must now be translated into tangible results, including through improved access to concessional financing, enhanced debt sustainability and increased mobilisation of public and private capital for development. We must also strengthen South-South and triangular cooperation in order to share technologies, knowledge and solutions tailored to the realities of our countries. Africa must not be viewed solely as a region vulnerable to climate change.

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Sustainable development must remain at the center of our collective endeavor. The promise of the Sustainable Development Goals, SDGs, is a pledge that no person and no country should be left behind. Yet, developing countries continue to face significant challenges, including limited access to finance, technology, infrastructure, healthcare, education, and productive investment. Economic development must increasingly mean the structural transformation of our economies. We need to shift from the exportation of unprocessed raw materials to value addition, local industrialization, and the creation of decent jobs within our own borders. This economic growth objective is now inseparable from the emerging technologies. The transformation brought about by digitalization and artificial intelligence presents enormous opportunities for humanity. It has the power to expand access to education, healthcare, financial services, and economic opportunities.

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The Sultanate of Oman attaches great importance to sustainable development and sustainable development goals. We believe that development is indeed an inherent right for all. My government continues to implement its development plans and programs within the Oman Vision 2040. We also continue to empower women's active participation and contribution to the development process and decision making.

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We are strengthening our domestic revenue and enhancing the quality of public spending. But a country facing war, epidemics, poverty, and climate shock simultaneously cannot close this gap alone. At the same time, official development aid has fallen by more than 23% in real terms in 2025, which is the steepest annual contraction ever recorded. This contraction undermines development efforts and jeopardizes the prevention of crises whose consequences go far beyond national borders. ODA remains indispensable, but it will not be enough. The Seville Commitment must now translate into better access to concessional financing, better mobilization of multilateral development banks, and debt relief mechanisms that protect our state's ability to invest. Lastly, no financial architecture can be sustainable without tax justice. International cooperation must combat illicit financial flows, tax evasion, transfer pricing manipulation, and the laundering of revenue from natural resources. Stolen assets must be rapidly identified, frozen, and returned. Every penny recovered can fund a vaccine, a textbook, a well, or a road. Mr. President, the DRC knows that the trust it calls for restoring on the international stage is earned first through the commitments it keeps on its own soil. That is the goal of our efforts to consolidate peace, strengthen our institutions, and make our natural and human wealth the foundation of shared prosperity.

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Excellencies. Lasting peace requires sustainable development. Yet development remains deeply uneven. Climate change is accelerating, inequality persists, and too many countries continue to face structural barriers to achieving the Sustainable Development Goals. For developing countries, particularly mountainous and landlocked developing countries these pressures are even greater. We therefore need stronger international solidarity and development financing that is more accessible, predictable and adequate. For Tajikistan, sustainable development begins at home. Our National Development Strategy 2030 remains a key framework for economic growth, reducing vulnerabilities and improving the well-being of our people. But development is not only about economic growth.

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In light of all of the above, my country calls for a renewed partnership based on mutual respect, shared responsibility, and concrete commitments. Such a partnership must promote the local processing of our natural resources, the diversification of our economy, technology transfer and the strengthening of national capacities. President, restoring trust also involves reforming the international financial architecture, making it more equitable, inclusive and better tailored to today's challenges.

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As we approach the 2030 deadline, now is the time to chart a new path forward for the next generation. It is imperative for young people, our future generation, to define problems together, formulate solutions, and become co-designers who can lead the action. We need to bring more youth voices into international decision making by widening opportunities for participation and communication, as well as making bold investments in the potential of the next generation. The Republic of Korea can testify more vividly than anyone else to the noble power of solidarity embodied by the United Nations. Our own experience of achieving industrialization and democratization in the wake of war stands as proof of how the world can bring about miraculous changes with one mind and one heart of the international community.

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We have done so through our official development assistance and have deepened our solidarity with the Global South. To date, Japan has provided ODA totaling over 670 billion USD to developing countries and regions, and has dispatched almost 60,000 Japan Overseas Cooperation volunteers to 99 countries. Additionally, Japan has been promoting initiatives towards achieving universal health coverage UHC across the globe. Since 1993, Japan has co-organized the TICAD together with the United Nations. TICAD has served as a platform for reflecting Africa's voice in the Sustainable Development Goals, SDGs and for Japan to first put forward the concept of FOIP. Africa is endowed with a dynamic young population and possesses enormous economic potential. Japan will continue to promote its diplomacy towards Africa, so that Japan and Africa can become more resilient and prosperous together. For example, we will promote industrial development, job creation and enhanced connectivity in Africa.

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However, an unfair international financial system threatens the very existence of small states like Saint Lucia. The rules governing global finance affect our development and our attempt at economic diversification. Diversification is hindered by unfair and unequally applied rules. Oceans of water separate us from the global powers, but our challenges are mainly connected to decisions made in their capitals. Emissions released from these countries affect our climate. Weapons and drugs trafficked through international networks instigate violence and gang warfare in our region. Lack of access to affordable technology slows our development. Mr. president, Saint Lucia refuses to give up.

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Earlier this year, Tuvalu declared a national state of emergency due to prolonged electrical power disruptions caused by fuel shortages, escalating energy costs and infrastructural deficiency. Although Tuvalu did receive with gratitude external assistance, the timing and scale of those responses were slow and insufficient. And this is why access to rapid disbursement and crisis response financing is essential for the stability and resilience of small island developing states. Tuvalu, therefore, continues to urge the international community to adopt financial approaches that match the urgency of the crisis with simpler and faster access to climate finance, scaled up adaptation funding, accessible loss and damage finance and rapid disbursement crisis mechanism.

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For more than 45 years, Denmark has consistently delivered on that goal. We do so not as an act of altruism, but because it's in our shared interest. It creates jobs, opportunities and hope where people live, allowing them to build a future at home, increasing stability and mutual prosperity. We call on fellow member states to join us. At the current juncture, however, sustaining an order with the UN as its core means working for reform.

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Trinidad and Tobago brings a distinctive perspective as we understand that climate resilience, energy security, affordability and economic development must advance together for us in Trinidad and Tobago. Progress cannot be measured only by how quickly the world changes, but it must also be quickly. It must also be in terms of who benefits from that change. Consequently, the transformation should create greater opportunity, strengthen security and support development rather than deepen inequality, indebtedness or dependence.

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While wealth accumulates in the hands of the few, billions endure the downside of structural deprivation. However, we believe that we are capable of charting the blueprint, the resources, and the wisdom to bridge this divide. What the global community lacks is not the means of implementation, but the moral courage to keep the promise we made eight decades ago. Poverty and systemic inequality also fuel ecological and environmental crises.

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Accordingly, Kuwait has based its development in humanitarian diplomacy on a pioneering role for the Kuwait Fund for Arab Economic Development. Since 1961, the fund has contributed to financing development projects in 107 countries. This stems from a belief that addressing the root causes of crises is not limited to security measures, but requires supporting development, providing the foundations for a life of dignity, and building more resilient and stable societies. At the national level, Kuwait is confidently progressing towards its Kuwait Vision 2035 by accelerating the implementation of development projects, diversifying its economy and sources of income, continuing its digital transformation, empowering women and youth, developing its legislation and consolidating governance and transparency.

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It must make our societies better. We must not allow further slippage in our pursuit of the Sustainable Development Goals. We must renew our commitment to them, not as an inventory of promises but as a covenant with our peoples and practical blueprint for ensuring the development reaches every citizen, protects generations yet unborn and creates lasting, inclusive prosperity. One way to arrest the slippage is, as Guyana is doing, to mainstream the goals into our national development strategies, public policies and budgets so that they become embedded in the priorities we set and the resources we commit rather than remaining aspirations. The SDGs must not only guide our ambitions, they must shape our choices and our national priorities.

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Coming back to the United Nations, with only four years left to achieve the Sustainable Development Goals, we may question whether we were too ambitious or if we should have done much more. Political will, international peace and accelerated implementation are required, supported by financing, technology and partnerships that produce measurable results. Equally important is it to have a mechanism in place for global commitments after 2030. Mr. president, excellencies, distinguished delegates.

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We have a long tradition of supporting mediation through the UN. It began in 1948 with UN's first mediator, Sweden's Folke Bernadotte. We have long been a major donor of development assistance, and we remain devoted to tackling global development challenges and contributing to urgent humanitarian efforts. Sweden remains a generous donor, but development assistance alone will not be enough to meet the challenges before us.

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The trap is an insidious one. A fragile country needs security to develop, and it needs development for stability. When health care, education, roads, energy, and youth employment are placed on the back burner, it is not only the SDGs that move out of reach; it is peace itself that is jeopardized. I would like to emphasize that abandoning fragile countries will not lead to savings.

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In response, together with Brazil, China, France, Jordan, South Africa and the ICRC, Kazakhstan is advancing the global initiative to galvanize political commitment to international humanitarian law. Mr. president, the growing role of middle powers in global affairs is opening new avenues for practical cooperation to achieve SDGs. Kazakhstan is working with the United Nations to operationalize the United Nations Regional Centre for the Sustainable Development Goals for Central Asia and Afghanistan in Almaty City. Its success should be measured by what it delivers.

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South Sudan possesses millions of hectares of arable land, significant water resources, Livestocks fishery natural resources and one of the youngest population in the world. South Sudan, therefore, seeks to transition progressively from humanitarian dependency to self reliance and towards the sustainable development and investment. For our farmer, a road to a market is development. For a child, a functioning school is development. For a mother, access to healthcare is development. For a young person employment is development and for South Sudan, development is one of the strongest foundation for lasting peace. We therefore invite international partners and responsible investors to look beyond South Sudan's current challenges and recognise its potential.

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Mr. President, a United Nations that delivers for all must ultimately deliver for the people. That is the spirit of the 2030 agenda for Sustainable Development. At its heart is a simple promise that progress today should not come at the expense of tomorrow. For Brunei Darussalam, preparing for the future begins with our people.

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In 2018, the 193 countries that make up this body had just adopted the 2030 Agenda, and the majority of the leaders present here proudly showed off the SDGs logo. And we didn't do this because it was fashionable, nor because we thought that it would be an easy journey. We did it because the majority of us believed in this common promise. Because we were convinced that peace, sustainability, equal opportunities were not ideological positions, but rather a comprehensive part of the future of humanity.

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There can be no sustainable peace in a world of widening economic disparities, where some states spend more on servicing their debt than on the health of their citizens and education of their children. This does not absolve developing countries of their responsibility to undertake reform, combat corruption and build institutions. But those efforts require a fairer and more equitable international economic order, one that offers them genuine opportunities to advance. Mr. president, our shared responsibility is equally evident in the face of the profound transformations our world is undergoing.

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The imbalance within the Security Council is also present in international financial institutions, whose structures still bear the imprint of an earlier age. Developing countries need fairer voting power, stronger representation and increased capital within these institutions, together with affordable finance, concessional resources and fairer debt treatment. They must also participate equally in shaping the rules of international taxation. Sierra Leone therefore supports a UN Framework Convention on International Tax Cooperation.

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Excellencies, with regard to socioeconomic development, achieving the Sustainable Development Goals and those of Agenda 2063 requires financial means that are commensurate with our ambitions. Yet many developing countries face considerable budgetary constraints, high financing costs, and a heavy debt burden. We, therefore, call for a reform of the international financial architecture to make it more equitable, more inclusive, and better adapted to the realities of developing countries. Such a reform must, in particular, provide access to predictable, affordable, sustainable financing, which is essential for accelerating the implementation of the SDGs and Agenda 2063.

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And a better world is really within reach. Thanks to our joint efforts on the Sustainable Development Goals, 92% of the world's population now has access to electricity. And since 2015, we have doubled the amount of renewable energy we generate. Child mortality has dropped sharply too, because of this access. So climate action can be a catalyst for everyone to work together on solutions that concern us all.

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This is the case with international cooperation. Every society must be able to shape its future in accordance with its history, needs and priorities. Cooperation is not about imposing one's own values or a single model. It is valuable when it creates partnerships, facilitates the sharing of expertise, and strengthens everyone's capacity to act independently.

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Fourth, we must jointly build a new paradigm that offers solutions to the increasingly deepening income inequalities around the world. We believe that the path to this lies in joint development, solidarity and connectivity. Societies connected to one another through roads, trade with energy networks and joint production will eventually be united in peace and stability as well. And lastly, by promoting a human centered approach to technology, we must prevent new barriers from being built between those who possess technology and those who do not. It must be understood that techno polarization and digital hegemony serve neither the interests of the UN-centered system, nor the interests of those of the states that constitute the United Nations core. Esteemed delegates.

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Developing nations and the global South borrow at interest rates that are up to eight times higher than industrialized nations. African and Caribbean nations struck by climate disasters are forced to take on crippling debts to rebuild from floods and droughts that they did not cause. Governments are forced into a tragic choice to service predatory debt or to serve their people. We demand reform. We need long term, affordable and accessible concessionary financing that enables developing economies to invest in human capital, in industrialization and climate adaptation. Mr. President, Africa does not seek charity. Africa seeks equal partnership that is anchored in mutual respect.

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We seek a partnership that supports the state and its institutions and invests in Yemen's people. For our part, we will continue to fulfill our responsibilities in reform, institution building and the rule of law. The international community can find in the Yemeni government a reliable partner. We speak not only of what Yemen needs from the world, but also of what Yemen can contribute to the world once it regains its security and its stability.

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Sri Lanka once again calls for reform of the international financial system and for fairer rules governing debt and development finance. We welcomed the Seville Commitment last year, including its call for urgent action to close the $4 trillion financing gap for sustainable development in developing countries. It is now time to translate those commitments into concrete action. We remain steadfast in recognising poverty and inequality as factors requiring our urgent attention.

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While reviewing the financial architecture, this will ensure a participant cooperation on equal footing and open greater opportunities for development. The reform of this organization cannot be complete without promoting its ability to meet the promises of development. As 2030 approaches, we call for accelerating the implementation of the SDGs, and we support the UN 80 initiative as well as the Pact for the Future.

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In the face of these realities, the fundamental principles that must guide our collective action have lost none of their relevance. Preserving peace, combating hunger and poverty. Ensuring equal rights and opportunities, strengthening justice, protecting our planet, and consolidating democratic institutions remain shared responsibilities. The Sustainable Development Goals continue to provide an essential roadmap.

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They move and they arrive at someone's border. Protection, prevention costs less than rebuilding or relocating. The Bahamas is taking action, but no nation acting alone can hold back the tides. Nor can we build resilience inside a financial system designed at Bretton Woods in 1944, which still declares us too prosperous to help until the next storm makes us poor. The Vulnerability Index exists.

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These changes, and I think that we've all experienced them, overwhelm us. However, the most vulnerable people that suffer the most, the poorest people that don't have a voice and who we owe it to work for, are aspiring to something much more simple. They just want peace, security, jobs, freedom, and a safe future for their children.

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It is something our people practice every day. But resilience also requires international solidarity. A small island country cannot finance all of its resilience needs alone. We cannot rebuild every road, bridge, school and hospital after every disaster from domestic resources alone. We cannot absorb indefinitely the economic consequences of external shocks and we cannot protect our people from a changing climate without a meaningful international cooperation. Therefore, when we speak about climate finance, development, finance, disaster resilience and sustainable development, we are not asking merely for charity. We are asking for partnership, fairness and the fulfilment of international commitments.

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Concessional financing for developing countries is declining precisely when the need is greatest. The graduation of countries, including small island developing states, should be encouraged and supported and not prejudice access to affordable finance. Mauritius calls for a review of the criteria for access to concessional financing that reflect vulnerability, rather than income per capita alone.

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With 2030 approaching, too many sustainable development goals remain off track. National income alone cannot capture remoteness, disaster exposure and the repeated burden of rebuilding. The Multidimensional Vulnerability Index must move from adoption to application. There is one measure of delivery that reaches Fijians households directly. Remittances are now Fiji's third largest source of foreign exchange.

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Madam president, Luxembourg's commitment to the United Nations is underpinned by all three pillars peace and security, human rights and development. Solidarity must be translated into deeds. We continue to allocate 1% of our national income to development cooperation. We're also building long term partnerships with vulnerable countries.

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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. The use of these organisations for political purposes must be nipped in the bud. This also applies to the International Labour Organization.

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It is not charity offered when times are good. Cutting ODA is shortsighted and risks making instability, displacement and conflict worse. The cost will eventually reach us all. We must not allow today's crises to push the Sustainable Development Goals aside. Iceland will not.

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