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Barbados tells the Bretton Woods institutions global economic and financial crisis on CARICOM States has been severe
Senator Darcy Boyce
The impact of the ongoing global economic and financial crisis on Caribbean Community-CARICOM Member States has been severe, and its consequences are being felt across all sectors the region's societies. That's what Barbados' Minister of State in the Ministry of Finance Darcy Boyce told a special high-level meeting of the UN Economic and Social Council -ECOSOC with the Bretton Woods Institutions, the World Trade Organization and the UN agency that deals with trade and development -UNCTAD.
Secretary-General Ban Ki-moon says recent events have proven the current system of global economic governance is inadequate
Ban Ki-moon
UN Secretary-General Ban Ki-moon told delegates at the opening session that the meeting is more urgent than ever. Mr.Ban suggests that to meet these challenges, unprecedented international cooperation is needed. He says recent events have proven that the current system of global economic governance is not adequate to today's challenges. And he calls for the institutions and governance structures to become more representative, credible, accountable and effective.
St. Lucia tells a Forum on Forests that that a country's development hinges on how much forest cover it has
Amb. Donatus St. Aimee
According to St. Lucia's representative Ambassador Donatus St. Aimee, forests are so important that how a country develops depends on whether it has forest cover or not.
He told the eight session of the Forum on Forests meeting here at UN Headquarters that if you have no forests, no water, no water, no agriculture, no agriculture, no food.
Guyana says there is no real recognition of the value the forests provide
Guyana expressed the view that under the Kyoto Protocol it is more valuable to cut down trees than to keep them standing. Its delegate Troy Torrington explains this is so since there is no real incentive or real recognition of the value that forests provide while they are standing, and that includes the avoidance of green house gas emissions.
Producer: Donn Bobb
Duration: 14'52"
