News in Brief 17 June 2015 (AM)

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Ban Ki-moon at the United Nations Insurance Sector Summit. UN Photo/Eskinder Debebe

Insurance industry "central" to advance global sustainability agenda

The insurance industry can be central in building a more resilient, climate-smart economy, according to the UN Secretary-General.

Ban Ki-moon was speaking on Wednesday at a meeting of the Global Insurance Forum, which is gathering hundreds of insurance executives, regulatory authorities and academics.

He said the insurance industry can play an important role, especially in helping to ease the financial burden associated with disasters.

"The insurance sector is well-placed to be a leader in risk sensitive investments. As a major source of investment, much of it long-term, the insurance sector can and must play a strong role in shaping a more sustainable future."

Egyptian parents receive food ration for sending children to school

A project to help end child labour in Egypt is providing families with incentives to send and keep their children in school, as opposed to putting them to work to support their households.

It is a joint project between the World Food Programme and the European Union.

The UN food agency says up to 400,000 family members of children who maintain an 80 per cent attendance rate, will receive a monthly food ration.

It consists of 10 kg of rice and one litre of oil, the value of which reportedly compensates for the wage a child would earn at work.

Turkish Cypriot leader and the Greek Cypriot leader continue negotiations

The Turkish Cypriot leader and the Greek Cypriot leader held their third meeting to pursue the goal of reaching a comprehensive settlement as soon as possible to reunite the island, according to the Special Adviser of the Secretary-General on Cyprus.

Espen Barth Eide said the leaders are now entering into substantive negotiations on unresolved core issues.

The country has been divided since 1974 when Turkey sent troops citing concerns for the Turkish Cypriot community after a Greek military coup.

The next leaders' meeting will take place on 29 June.

Stephanie Coutrix, United Nations.

Duration: 2’06″

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