Arab Press

بالشعب و للشعب
Thursday, Apr 25, 2024

Peacebuilding 'a bargain' and 'proven investment', says UN chief

Peacebuilding 'a bargain' and 'proven investment', says UN chief

The UN chief has called for $100 million each year in assessed contributions from Member States, to fund the world body’s peacebuilding activities, describing such an investment as “a bargain” compared with the punitive costs of war.
Secretary-General António Guterres was briefing the Peacebuilding Commission on Wednesday on his latest report on peacebuilding and sustainable peace.

“When we consider the costs of war — to the global economy but most of all to humanity’s very soul — peacebuilding is a bargain, and a prerequisite for development and a better future for all,” he told the Commission – an intergovernmental advisory body that supports peace efforts in countries emerging from conflict.

Guterres said that the Commission’s task grows larger by the day, citing the highest number of violent conflicts since 1945, including Yemen, Syria, Myanmar, Sudan, Haiti, the Sahel and now Ukraine.

Two billion people, or one quarter of humanity, lives in conflict-affected areas, he noted, pointing out that the poorest and most vulnerable pay the highest price.

The report under discussion is a call to ensure that the UN peacebuilding architecture is fit-for-purpose in this rapidly changing environment. This appeal is in line with his proposed New Agenda for Peace that places prevention and peacebuilding at the heart of UN efforts.

“Peacebuilding works - it is a proven investment,” he emphasized, citing several examples of success contained in his report, including in Côte d’Ivoire, Iraq, the northern countries of Central America, the Great Lakes region, Papua New Guinea, Colombia and the Central African Republic.

He, however, pointed out that a critical funding gap exists. While the Peacebuilding Fund has been steadily growing - investing $195 million last year, it remains wholly dependent on voluntary contributions from a small number of donors.

Therefore, he said, he was putting forward a proposal to the Fifth Committee – a General Assembly organ to review budgetary matters – for an annual $100 million in assessed contributions for the Peacebuilding Fund, to secure the predictable and sustainable base to deliver results over the long-term.

Over the last decade, the world has spent $349 billion on peacekeeping, humanitarian relief and refugee support, with global military expenditures rising to nearly $2 trillion in 2020. “But let’s not forget that war’s greatest cost is its human toll,” he emphasized.

The General Assembly is scheduled to convene a high-level meeting on financing for peacebuilding on 27 April.
#ANT 
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
China Criticizes US for Vetoing UN Ceasefire Resolution in Gaza
Saudi Arabia ranks first in UN index for e-government services in MENA
Israel Records 20% Drop In GDP, War In Gaza Is The Reason
Saudi Arabia's FDI Inflows Grow with New International Standards
Venture Capitals Power Up Across MENA Region
PM Modi Announces Opening Of New CBSE Office In Dubai
January Funding for MENA Startups Totals $86.5 Million
Saudi Arabia accelerates digital economy growth through Nvidia partnership
Israel unveils tunnels underneath Gaza City headquarters of UN agency for Palestinian refugees
Israel deploys new military AI in Gaza war
Egypt threatens to suspend key peace treaty if Israel pushes into Gaza border town, officials say
Saudi Arabia Warns Of A "Humanitarian Catastrophe" If Israel Moves On Rafah
US University To Shut Qatar Campus Due To "Heightened Mideast Instability"
Facebook and Instagram Ban Iran's Supreme Leader
Defense Technology Showcase Held in Riyadh
Saudi Arabia’s non-oil exports rise 2.5% to $6bn in November 2023: GASTAT
Rolls-Royce Executive Encourages Saudi Women to Tap into Their Inner 'Superhero' for Success in Defense Industry
Saudi Arabia launches National Academy of Vehicles and Cars
Saudi Tourism Minister Reveals Plan for 250,000 New Hotel Rooms by 2030
SAR to more than double eastern network passenger capacity with new trains deal
Saudi Arabia Enhances National Defense with New Partnerships
Saudi Aramco Maintains Arab Light Crude Pricing to Asia for March
NEOM Establishes New York Office to Support Investors
Saudi Wealth Fund Draws in Over $25 Billion Worth of Investments in Three Years, Al-Rumayyan Reveals
The Saudi Kingdom's Ultimatum to Israel: A Win-Win Peace with Saudi Arabia and the Arab World, or a Lose-Lose Continued Occupation and Endless Conflict
Biden condemns anti-Arab hate after WSJ opinion piece calls Dearborn ‘jihad capital’
Turkey Releases Seven Hostages Captured by Pro-Gaza Gunman
Arab Parliament Commends Women's Contributions to Societal Development
British and Hungarian Foreign Ministers visited Lebanese leaders to stress the importance of enacting UN Resolution 1701
Yemen's Houthis Say They Targeted British Merchant Vessel In Red Sea
Donald Trump Nominated for Nobel Peace Prize for 'Historic' Middle East Policy
US lawmakers approve F-16 jet sale to Turkey following NATO expansion support
Saudi Arabia Climbs 25 Places in World Bank's National Statistics Indicator
Tourism Growth in Saudi Arabia Fuels Advancements in the Hospitality Industry," Says Rotana Official
Houthi Rebels Request Departure of UN Staff from Yemen, Including US and UK Personnel, within a Month
Modi Inaugurates Hindu Temple on Site of Demolished Mosque in India
Over 25,000 Deaths in Gaza Amid Israeli Offensive
Escalating Clashes in Gaza as Israel Distributes Leaflets to Assist in Locating Hostages
Turkey's First Astronaut Set to Launch for International Space Station Today
Head of Palestinian Investment Fund Warns More People May Die of Hunger Than War in Gaza
Palestinian Envoy Criticizes UK for Alleged 'Double Standards' in Policies Toward Israel
Morocco to Lead UN Human Rights Council in 2024
Is artificial intelligence the solution to cyber security threats?
Egypt has been identified as the leading military force among Arab nations and ranks 15th globally
The AI Revolution in the Workforce: CEOs at Davos Predict Major Job Cuts in 2024
Iranian Nobel Laureate Narges Mohammadi Receives Additional Prison Sentence
"Gazans Urge Israeli Forces to Target Hamas in Leaked Audio"
Biden States US and UK Airstrikes on Houthis Were a 'Defensive Action
Large Pro-Palestine Rally in London as Gaza Conflict Hits Day 100
South Africa Urges World Court to Halt Israeli Actions in Gaza
×