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J. Tuyet Nguyen, a journalist with years of experience, has covered major stories in New York City and the United Nations for United Press International, the German Press Agency dpa and various newspapers. His reports focused mostly on topics with international interests for readers worldwide. He was president of the United Nations Correspondents Association (2007 and 2008), which is composed of more than 250 journalists representing world media with influence over policy decision makers. He has chaired the organization of the annual UNCA Awards, which seeks to reward journalists around the world who have done the best broadcasts and written reports on the UN and its specialized agencies. He has traveled the world to cover events and write stories, from politics to the environment as well cultures of different regions. But his most important reporting work has been with the United Nations since the early 1980s. He was bureau chief of United Press International office at the UN headquarters before joining dpa in 1997. Prior to working at the UN, he was an editor on the International Desk of UPI World Headquarters in New York. He worked in Los Angeles and covered the final months of war in Vietnam for UPI.

WHO, Wikimedia Foundation team up to expand public access to trusted Covid information

Geneva/New York, October 22 – The World Health Organization and Wikimedia Foundation announced join efforts to defeat widespread misinformation online while people worldwide need facts and trusted sources of news to fight the pandemic.

Wikipedia, which is administered by the non-profit Wikimedia Foundation, will provide its formidable global network of over 250,000 volunteer editors to assist WHO in disseminating more than 5,200 Covid-related articles in 175 languages.

Both organizations said the collaboration will make trusted, public health information available under the Creative Commons Attribution-ShareAlike license as Covid-19 showed signs of strong resurgence and the public everywhere demand facts about the coronavirus.

“Through the collaboration, people everywhere will be able to access and share WHO infographics, videos, and other public health assets on Wikimedia Commons, a digital library of free images and other multimedia,” they said in announcing the join venture. 

“Equitable access to trusted health information is critical to keeping people safe and informed during the COVID-19 pandemic,”  WHO Director-General Tedros Adhanom Ghebreyesus said. “Our new collaboration with the Wikimedia Foundation will increase access to reliable health information from WHO across multiple countries, languages, and devices.”

WHO said it had been fighting “infodemic” since the beginning of the pandemic. It defined infodemic as “an overabundance of information and the rapid spread of misleading or fabricated news, images, and videos.” 

Wikipedia editors have also been at the forefront of the fight against misinformation.

“Access to information is essential to healthy communities and should be treated as such,” said Katherine Maher, CEO at the Wikimedia Foundation. “This becomes even more clear in times of global health crises when information can have life-changing consequences. All institutions, from governments to international health agencies, scientific bodies to Wikipedia, must do our part to ensure everyone has equitable and trusted access to knowledge about public health, regardless of where you live or the language you speak.”

The two organizations said in  news release that while they are building up their collaboration, the public in the meantime can access WHO’s mythbusting series of infographics on Wikimedia Commons. In the coming months, the Wikimedia Foundation and WHO will continue uploading resources to Wikimedia Commons and collaborating with Wikipedia volunteer editors to better understand gaps in information needs on Wikipedia articles related to COVID-19 and how WHO resources can help fill these gaps. 

Additionally, under the Creative Commons Attribution-ShareAlike license, other organizations, individuals, and websites can more easily share these materials on their own platforms without having to address stricter copyright restrictions.

WHO, Wikimedia Foundation team up to expand public access to trusted Covid information Read More »

UN: Program promoting gender equality in the workforce failed after 25 years


New York, October 21 – The United Nations has admitted that a much celebrated program adopted 25 years ago to bring working-age women into the labor market worldwide has failed as less than 50 per cent of them currently have jobs while underpaid women health workers are fighting the pandemic at the forefronts and countless others are doing long hours in unpaid domestic work.

 “Twenty-five years since the adoption of the Beijing Declaration and Platform for Action, progress towards equal power and equal rights for women remains elusive,” UN Secretary-General Antonio Guterres said in a new report on the state of gender equality worldwide.  
 “No country has achieved gender equality, and the Covid-19 crisis threatens to erode the limited gains that have been made. The Decade of Action to deliver the Sustainable Development Goals and efforts to recover better from the pandemic offer a chance to transform the lives of women and girls, today and tomorrow.”  

The full report with all data: bit.ly/worldswomen2020  , entitled The World’s Women 2020: Trends and Statistics, analyses gender equality in six critical areas: (1) population and families; (2) health; (3) education; (4) economic empowerment and asset ownership; (5) power and decision-making; (6) and violence against women and the girl child as well as the impact of Covid-19. It said unpaid domestic and care work falls disproportionately on women, restraining their economic potential as the Covid-19 pandemic additionally affects women’s jobs and livelihoods. 

  The report said globally on an average day women spend about three times as many hours on unpaid domestic and care work as men (4.2 hours compared to 1.7 hours). In Northern Africa and Western Asia that gender gap is even higher, with women spending more than seven times as much as men on these activities. 

In 2020, only 47 per cent of women of working age participated in the labor market, compared to 74 per cent of men, which is a gender gap that has remained relatively constant since 1995. In Southern Asia, Northern Africa and Western Asia, the number is even lower, with less than 30% of women participating in the labor market.

Among the high levels of power and decision making personnel, women held only 28 per cent of managerial positions globally in 2019 – almost the same proportion as in 1995. And only 18 per cent of enterprises surveyed had a female Chief Executive Officer in 2020.

Among Fortune 500 corporations, only 7.4 per cent, or 37 Chief Executive Officers, were women. In political life, while women’s representation in parliament has more than doubled globally, it has still not crossed the barrier of 25 per cent of parliamentary seats in 2020.
Women’s representation among cabinet ministers has quadrupled over the last 25 years, yet remains well below parity at 22 per cent.                      

 

UN: Program promoting gender equality in the workforce failed after 25 years Read More »

A basic daily meal is beyond the reach of the poor as Covid has compounded problems caused by conflict, climate change and economic woes

New York, October 17 – A simple daily meal of rice and beans may cost $1.25 in New York but it costs $399.82 for a poor in South Sudan where Covid-19 impacts are added to years of conflict, climate change and economic troubles, which drive up the levels of poverty, the World Food Program said in its newest “Cost of a Plate of Food 2020” report. South Sudan tops the list of 20 countries with extreme poverty, 17 of them are sub-Sahara region countries.

The Rome-based WFP said the same basic meal costs $90.73 for a person in Burundi, $73.76 in Haiti, $60.52 in Sudan, $46.19 in Mozambique, $32.12 in Congo and $32.12 in Burkina Faso because poverty affects some 270 million around the world. The UN said half of the world population live with $2.50 a day and an estimated 900 million people cannot read or write.

 (The report uses an average per-capita income across each country to calculate what percentage people must spend to buy a basic meal like rice and beans. The price a New Yorker may pay for a similar meal is calculated by applying the meal-to-income ratio for a consumer in a developing country to a consumer in New York.)

WFP, the world’s largest humanitarian organization, won the Nobel Peace Prize 2020 for its work in combating hunger around the world, saving lives in emergencies and using food assistance to build a pathway to peace, stability and prosperity for people recovering from conflict, disasters and the impact of climate change.

List of countries experiencing extreme poverty: South Sudan, Burundi, Malawi, Haiti, Sudan, Mali, Mozambique, Zimbabwe, The Democratic Republic of Congo, Congo, Burkina Faso, Lesotho, Tajikistan, Gambia, Rwanda, Tanzania, Uganda, Benin, Zambia and Mauritania.

The release of the report coincided with the annual International Day for the Eradication of Poverty on 17 October, which warned that Covid-19 will have a long-term impact on poverty, threatening efforts to boost economic recovery, reduction in inequality and ending extreme poverty.

 “This new report exposes the destructive impact of conflict, climate change and economic crises, now compounded by Covid-19, in driving up hunger,” said WFP’s Executive Director David Beasley. “It’s the most vulnerable people who feel the worst effects. Their lives were already on the edge – prior to the coronavirus pandemic we were looking at the worst humanitarian crisis since World War II – and now their plight is so much worse as the pandemic threatens nothing less than a humanitarian catastrophe”.

“People in urban areas are now highly susceptible too, with COVID-19 leading to huge rises in unemployment, rendering people powerless to use the markets they depend on for food. For millions of people, missing a day’s wages means missing a day’s worth of food, for themselves and their children. This can also cause rising social tensions and instability”.

The report said conflict is the main driver for hunger in many countries as it displaced people from their homes, land and jobs, which resulted in the loss of incomes and ability to buy food in order to survive.

Among the top 20 countries with extreme poverty, South Sudan’s years of conflict have displaced over 60,000 people, crippled their daily lives as they had to abandon land and harvests.

In Burkina Faso, a surge in conflict along with climate changes resulted in tripling the number of people to 3.4 million people facing hunger.

 The UN Department of Economic and Social Affairs  said in a policy brief on the International Day for the Eradication of Poverty that the pandemic will have a long-term impact on poverty and prospects for fully eradicating poverty by 2030 now appears “highly unlikely” despite efforts to boost economic growth  around the world. Eradicating poverty by 2030 is one of the 17 Sustainable Development Goals.

The brief said as many as 100 million people could slip into poverty this year because of the pandemic.

 “It is no longer unimaginable that the global number of people living in extreme poverty will continue to go up in the coming years, pulling hundreds of millions of people into extreme vulnerability, if the horrendous consequences of the pandemic for developing countries are not effectively managed”, the brief said.  
 

A basic daily meal is beyond the reach of the poor as Covid has compounded problems caused by conflict, climate change and economic woes Read More »

Data experts to discuss new demands for global, trusted and reliable data serving a changing world under the pandemic

New York, October 14 – Over 5,000 data experts will take part in a three-day workshop organized by the United Nations World Data Forum to boost data capacity and partnership to tackle the pandemic and meet a set of 17 Sustainable Development Goals.

The virtual October 19-21 forum will allow the experts from 100 countries to work “to identify innovative solutions for better data, intensify cooperation on data for sustainable development and renew the urgent call for more and better funding for data.”


The forum will open on October 19 with remarks by the UN Deputy Secretary-General Amina Mohammed, the Federal Councillor of Switzerland’s Federal Department of Home Affairs Alain Berset, the CEO of the Bill & Melinda Gates Foundation Mark Suzman, and other special guests to be announced.
It is supported by the Swiss Confederation, with substantive help from the Federal Statistical Office, who will host the next physical meeting of the World Data Forum scheduled to take place in Bern on October 3-6. 2021.

“Recovering better from Covid-19 must be underpinned by quality data that tell us where we have been falling short. It is trusted data that allow us to see if we are heading in the right direction,“ said Liu Zhemin, the UN Under-Secretary-General for Economic and Social Affairs, who heads the secretariat for the forum. “More importantly, it is critical to leverage data and statistics to ensure that no one is left behind.”


“The 2020 virtual UN World Data Forum builds upon the momentum generated at the Forums in Cape Town and Dubai and provides a unique opportunity to identify solutions for better data and better financing for the development of data and statistical systems,” he said.

The first UN World Data Forum was hosted by Statistics South Africa in Cape Town, South Africa in January 2017 and the second forum was hosted by the Federal Competitiveness and Statistics Authority of the United Arab Emirates in October 2018 in Dubai.

Registration

To watch the live and pre-recorded sessions, get access to the exhibit spaces, and connect with the data and statistics community, register in 2 easy steps: 
(1) Get your ticket here: UNDataForum.org and 
(2) Create your profile by signing up to the Attendify platform using the instructions on your ticket  

For Media: Media wishing to cover the Forum should register and check the accredited media box. For more details, see https://unstats.un.org/unsd/undataforum/media

More information
Event programme: https://unstats.un.org/unsd/undataforum/programme
Live-stream and pre-recorded sessions: watch on the Attendify platform
Event website: UNDataForum.org
Follow on social media: @UNDataForum
 
Media contacts:
Daniella Sussman | E: dataforum@un.org | M: +1 347-395-0345 
Helen Daun Rosengren | E: rosengrenh@un.org | M: +1 646-287-2641
Michal Szymanski | E: michal.szymanski2@un.org | M: +1 718-753-6336

FACT SHEET

Data experts to discuss new demands for global, trusted and reliable data serving a changing world under the pandemic Read More »

UN wins Nobel Peace Prize for global food program during conflict and pandemic

Oslo/New York, October 9 – The United Nations World Food Program has won this year’s coveted Nobel Peace Prize for its intensified efforts to provide life-saving food provisions to millions of people facing starvation under conflict and the pandemic.

The Nobel committee announced the winner for the prize in Oslo, saying that WFP, a UN agency, addressed hunger that also contributed to bring peace to countries devastated by conflicts.

“In the face of the pandemic, the World Food Program has demonstrated an impressive ability to intensify its efforts,” Berit Reiss-Andersen, the chair of the Norwegian Nobel Committee, said. “The combination of violent conflict and the pandemic has led to a dramatic rise in the number of people living on the brink of starvation.”

“The world is in danger of experiencing a hunger crisis of inconceivable proportions if the World Food Program and other food assistance organizations do not receive the financial support they have requested.”

The Nobel committee said WFP recognized early in 2020 that the combination of conflict and the pandemic would result in more than doubling the number of people facing food insecurity to 265 million and immediately intensified programs to assist them.

WPF was established in 1961 and has been working in scores of developing countries affected by conflicts, natural disasters and famine.

The UN has won seven Nobel Peace Prizes before 2020:

It was awarded to the UN peacekeeping forces in 1988; the UN High Commissioner for Refugees in 1981; the International Labor Organization in 1969; UNICEF in 1965; UN Secretary-General Dag Hammarskhjold in 1961; the UN High Commissioner for Refugees in 1954 and Ralph Bunche, the US envoy to the UN, in 1950.

UN wins Nobel Peace Prize for global food program during conflict and pandemic Read More »

Unemployment and infectious diseases top global concerns for business in 2020, the World Economic Forum says


Geneva/New York, October 8 – Unemployment, infectious diseases and fiscal crisis are at the top of global concerns for business executives in 2020 as countries worldwide are still struggling to contain the coronavirus, the World Economic Forum (WEF) said in advance of its inaugural Job Reset Summit.  

The summit is scheduled to take place 20-23 October in Geneva, which aims to “shape inclusive, fair and sustainable economies, societies and workplaces”.  

WEF said climate risks such as natural disasters, biodiversity loss and ecosystem collapse are also issues at the top of global concerns. WEF said the findings are part of its Regional Risks for Doing Business 2020, resulting from a survey of over 12,000 business leaders in 127 countries.

Infectious diseases jumped to the top main concerns from its 18th spot in previous years because of the pandemic, which has claimed over 1 million lives and infected over 36 million people.
The survey on infectious diseases was carried in countries in East and South Asia, the Pacific, Europe, Latin America and the Caribbean, Middle East and North Africa, North America, and sub-Saharan Africa.

“The employment disruptions caused by the pandemic, rising automation and the transition to greener economies are fundamentally changing labour markets.” Saadia Zahidi, Managing Director at the World Economic Forum, said.of
“As we emerge from the crisis, leaders have a remarkable opportunity to create new jobs, support living wages, and reimagine social safety nets to adequately meet the challenges in the labour markets of tomorrow.”    

“COVID-19 is distracting us from certain long-term risks that will be around long after the current crisis is resolved,” said Peter Giger, Group Chief Risk Officer, Zurich Insurance Group. “But the pandemic is also having the positive effect of leading many to reassess priorities. This, I hope, will ensure that businesses advance their risk resilience strategies and result in decisive and impactful action to combat existential risks like climate change.”  

 “The COVID-19 crisis has shone a spotlight on organizational resilience. As firms look to the future, they are matching their risk and resilience arrangements with a threat landscape marked by significant customer and workforce behavioural shifts. Just as economic and climate concerns will require firms to refocus business plans, a greater reliance on digital infrastructures will mean a marked increase in cyber risk exposures. To optimize recovery, organizations will need to build greater preparedness into their business models in order to be more resilient in the face of future disruptions,” said John Doyle, President and Chief Executive Officer of Marsh.
 
“The global pandemic has unleashed untold damage to our economies and societies. Business leaders in Asia have recognized that risk in their response to the Forum’s survey, with infectious diseases appearing as the number one risk for the region. As new partners to the initiative, we are working to better understand the interconnections between the risks perceptions of business leaders and their broader multistakeholder community. What we already know is that tackling the intersecting risks of pandemic, financial risks, and climate change will be a cornerstone of the desired new normal,” said Lee Hyung Hee President, Social Value Committee, SK Group.

Unemployment and infectious diseases top global concerns for business in 2020, the World Economic Forum says Read More »

Mental health services are now in great demands under the pandemic, WHO says

New York, October 5 – The pandemic has caused enormous damage to people’s mental health but the mental health services, which are chronically underfunded, have not been able to meet the challenge in a majority of 130 countries surveyed, the World Health Organization said.

“The COVID-19 pandemic has disrupted or halted critical mental health services in 93% of countries worldwide while the demand for mental health is increasing,” the survey said, providing the first global data on mental illnesses inflicted by the pandemic, the lack of access to mental health services and the urgent need to invest on those services.

WHO published the survey, which was conducted from June to August 2020, while it is preparing to launch a global advocacy event on October 10 known as “WHO’s Big Event for Mental Health” with an assist from world leaders, celebrities and advocates to call for increased mental health investments in the wake of the pandemic.

The survey said bereavement, isolation, loss of income and fear are triggering mental health conditions or exacerbating existing ones.

“Many people may be facing increased levels of alcohol and drug use, insomnia, and anxiety. Meanwhile, COVID-19 itself can lead to neurological and mental complications, such as delirium, agitation, and stroke,” the survey said. “People with pre-existing mental, neurological or substance use disorders are also more vulnerable to SARS-CoV-2 infection  ̶  they may stand a higher risk of severe outcomes and even death.”

“Good mental health is absolutely fundamental to overall health and well-being,” said WHO Director-General Tedros Adhanom Ghebreyesus. “COVID-19 has interrupted essential mental health services around the world just when they’re needed most. World leaders must move fast and decisively to invest more in life-saving mental health programs during the pandemic and beyond.”

The survey said over 60 per cent of countries surveyed reported disruptions to mental health services for vulnerable people, including children and adolescents (72 per cent), older adults (70 per cent), and women requiring antenatal or postnatal services (61 per cent).

It said 67 per cent of countries surveyed reported disruptions to counseling and psychotherapy; 65 per cent to critical harm reduction services; and 45 per cent to opioid agonist maintenance treatment for opioid dependence. Over a third of countries reported disruptions to emergency interventions and access for medications for mental, neurological and substance use disorders. 

Seventy per cent of countries have adopted telemedicine or teletherapy to overcome disruptions to in-person services, but there are significant disparities in the uptake of these interventions. More than 80 per cent of high-income countries reported deploying telemedicine and teletherapy to bridge gaps in mental health, compared with less than 50 per cent of low-income countries. 

Mental health services are now in great demands under the pandemic, WHO says Read More »

Virus claims 1 million lives, infects over 32 million people; world looks at current pandemic impacts and beyond

New York September 29 – Government leaders and international organizations joined the United Nations to seek solutions for the current virus-inflicted devastation and plan for the post-pandemic era.

One million people have died from the coronavirus and over 32 million have been infected, a situation the UN said has surpassed a health and humanitarian crisis to become an unprecedented global development emergency.

It said the pandemic is expected to push some 100 million people into extreme poverty and an estimated additional 265 million people could face acute food shortages by the end of 2020, including over 17 million people in South America suffering severe food insecurity, a jump from 4.5 million just months ago.

The International Labor Organization estimated that the equivalent of 500 million jobs have been lost so far this year, a situation that will spread economic inequalities, disproportionately impacting developing countries and vulnerable groups.

Governments around the world have so far spent $11 trillion in response to the financial impacts caused by the pandemic and high-income economies were responsible for 88 per cent of the total amount, the UN said. Emerging and developing countries were responsible for 2.8 per cent of the amount.


UN Secretary-General António Guterres hosted the virtual high-level meeting on Financing for Development in the Era of COVID-19 and Beyond with the participation of Canadian Prime Minister

Justin Trudeau and Jamaican Prime Minister Andrew Holness as co-sponsors to find solutions to the global financial crisis and to maintain current efforts to achieve the 17 Sustainable Development Goals by 2030.

Guterres said the pandemic has caused the largest economic contraction since World War II with global income from work declining by more than 10 per cent so far this year with the massive job losses and government expenditures have skyrocketed while tax revenues plummeted.

“The Covid-19 pandemic is a catastrophe,” Guterres said. “But it is a generational opportunity to shape our future for the better. I have spoken of the need of a New Global Deal.”

The UN leader said a global economic recovery and an end to the pandemic would be possible only if the world can mobilize resources for diagnostics, treatment and vaccines.

He said the WHO’s program known as ACT-Accelerator requires a total resources of $38 billion to deliver over 2 billion vaccine doses, 245 million treatments and 500 million tests.

“We cannot reopen the global economy fully until we stop this virus in its tracks,” he said.

“At this moment, we have the opportunity to re-imagine our economic systems, reaffirm our common understanding of a more sustainable and inclusive recovery and re-establish momentum toward achieving the SDGs to build back better,” Trudeau said. “Only together can we lay the foundations of a better world.”

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The “strangest” ever UN General Assembly session in 75 years; warnings of a new Cold War

New York, September 25 – The hall of the United Nations General Assembly was nearly empty when UN Secretary-General Antonio Guterres opened the annual session and called for unity to defeat the pandemic. Minutes later the presidents of the United States and China took turn to appear on TV screens which played their pre-recorded speeches filled with accusations.

The September-October session each year had been a signature event for the UN for over seven decades, which had seen thousands of diplomats from presidents, prime ministers and royalties to diplomats representing the 193 UN member states dutifully attending the event.

The pandemic suddenly changed all the planned events and travels. World leaders stayed home and sent pre-recorded speeches to be broadcast to the assembly where just 193 diplomats occupied the seats reserved for their respective countries compared with the nearly 2,000 people that came every year before.

“In a world turned upside down, this General Assembly hall is among the strangest sights of all,” Guterres said. “The Covid-19 pandemic changed our annual meeting beyond recognition. But it has made it more important than ever.”

The US-China verbal fight brought back Cold War memories even though both sides denied they had any intention of reviving the divisive and threatening period that divide East and West. But President Donald Trump used the opportunity to blast Chinese President Xi Jinping.

“We have waged a fierce battle against the invisible enemy – the China virus – which had claimed countless lives in 188 countries,” Trump said and demanded that the UN hold China accountable for the pandemic. He also criticized China for a host of environmental problems.

Xi defended his country’s achievements in controlling Covid-19 and offered financial support to UN-related programs fighting the pandemic.

Close to 200 governments and organizations registered to speak virtually to the assembly session September 23-19 under the theme “The future we want, the United Nations we need: reaffirming our collective commitment to multilateralism – confronting COVID-19 through effective multilateral action”.

More speakers took part in so-called high-level meetings on women, the pandemic, biodiversity for sustainable development and other UN programs.

The streets and areas surrounding the UN headquarters in mid-town Manhattan were mostly silent of presidential motorcades and police sirens. Traffic jams, closure of streets and protests were things of previous years. The UN headquarters have exercised utmost health restraints imposed by New York State under Covid-19, including social distancing, wearing of facial masks and keeping the staff at 20 per cent of capacity.

UN 75th anniversary

The United Nations was established in June 1945 during the last months of World War II after its Charter, or constitution, was adopted by some 50 countries led mostly by World War II victors who met in San Francisco beginning in March to lay out the foundation of a new international organization to promote peace, fundamental human rights and justice. The Charter came into effect on October 24, 1945.

The 75th anniversary was celebrated on September 21 just before the start of the UN General Assembly. The pandemic and strict health regulations to fight infections have canceled or postponed most meetings at UN headquarters except for those of the UN Security Council.

“Today we face our own 1945 moment,” Guterres told the assembly session referring to the pandemic’s severe damage and high number of deaths. “This pandemic is a crisis unlike any we have seen. But it is also this kind of crisis that we will see in different forms again and again.”

He called for united global efforts to fight the pandemic and to continue to implement UN programs around the world.

The “strangest” ever UN General Assembly session in 75 years; warnings of a new Cold War Read More »

Corruption in global finance robs funds for development in poor countries, UN says

New York September 24 – The United Nations plans to strengthen rules aimed at curbing corruption in the global finance which has drained hundreds of billions of dollars a year from funds that should have gone to humanitarian programs to assist poor countries.

Volkan Bozkir, president of the UN General Assembly, said a special conference on corruption will be held next year to strengthen rules aimed at demanding transparency and integrity in global finance. He said funds are needed to implement the 17 Sustainable Development Goals, which include ending poverty and boosting development and education in developing countries.

“We must begin these conversations now,” Bozkir said as a panel unveiled an interim report on International Financial Accountability, Transparency and Integrity for Achieving the 2030 Agenda (FACTI Panel). The panel is composed of former heads of state and government, past central bank governors, business and civil society leaders and prominent academics.

“The poorest and most vulnerable need all actors – governments, the public sector, business, and fellow citizens – to live up to their commitments and to contribute to achievement of our global goal,” Bozkir said. He provided support to promote the use of emerging technologies and data for result-oriented action.

“The use of technologies will be critical to make our global financial system and digital economy work for sustainable development. This will help strengthen both trust and transparency in finance for development.”

The interim report said tax abuse, money laundering and corruption plague global finance and it called on governments to take urgent reforms to tackle the widespread problems. But it said also that governments have failed to agree on the issue of corruption and measures to fight it.

The interim report estimated $500 billion losses to governments each year from profit-shifting enterprises and $7 trillion in private wealth hidden in haven countries, with 10% of world GDP held offshore. It estimated money laundering of around $1.6 trillion per year, or 2.7% of global GDP.

“Corruption and tax avoidance are rampant,” said Dr. Dalia Grybauskaitė, FACTI co-chair and former president of Lithuania. “Too many banks are in cahoots and too many governments are stuck in the past. We’re all being robbed, especially the world’s poor.”

“Trust in the finance system is essential to tackle big issues like poverty, climate change and COVID-19. Instead we get dithering and delay bordering on complicity.”

The panel said criminals have taken advantage of the Covid pandemic as governments focused on fighting the virus and relaxed controls over corruption.

 “Our weakness in tackling corruption and financial crime has been further exposed by the COVID-19,” said Dr. Ibrahim Mayaki, FACTI co-chair and ex-prime minister of Niger. “Resources to stop the spread, keep people alive and put food on tables are instead lost to corruption and abuse.”

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