Post on 10-Apr-2018
8/8/2019 BSP Crisis+
1/38
The global financial crisisand its potential impact for
multilateralism and UNESCO
The global financial crisisand its potential impact for
multilateralism and UNESCO
8/8/2019 BSP Crisis+
2/38
Aquadruple global crisis unfoldsAquadruple global crisis unfolds
In the prime of globalization, we areexperiencing an accumulation of fourinterrelated crises, mutually feeding on
each other: Climate change crisis
oil and energy (price) crisis
Food (and hunger) crisis
Financial and economic crisis
In the prime of globalization, we areexperiencing an accumulation of fourinterrelated crises, mutually feeding on
each other: Climate change crisis
oil and energy (price) crisis
Food (and hunger) crisis
Financial and economic crisis
8/8/2019 BSP Crisis+
3/38
Aquadruple crisis unfolds
Aquadruple crisis unfolds
The consequences of these crisis -individually and even more so combined - for
development and all stakeholders involved(people, governments, civil society, privatesector, NGOs, multilateral agencies) may bedevastating.
Hence there is an urgent need to developeffective strategies to prepare for alleventualities and to compensate and counterany negative fall-out.
The consequences of these crisis -individually and even more so combined - for
development and all stakeholders involved(people, governments, civil society, privatesector, NGOs, multilateral agencies) may bedevastating.
Hence there is an urgent need to developeffective strategies to prepare for alleventualities and to compensate and counterany negative fall-out.
8/8/2019 BSP Crisis+
4/38
The new global s(l)(h)owdownThe new global s(l)(h)owdown Profound and deepening financial and
economic crisis affecting all countries - theimpact of real global interdependency -,requiring injection of (hundreds of) billions of
US$ by Governments a) into banking sector tomaintain liquidity of banks and uphold theirability to provide credit - and b) to provideeconomic stimulus programmes of a Keynesiannature
Real estate/housing market meltdown - withmany foreclosures and personal bankruptcies
Stock and commodity market crash (krach)and shrinking confidence/trust in economy
Profound and deepening financial andeconomic crisis affecting all countries - theimpact of real global interdependency -,requiring injection of (hundreds of) billions of
US$ by Governments a) into banking sector tomaintain liquidity of banks and uphold theirability to provide credit - and b) to provideeconomic stimulus programmes of a Keynesiannature
Real estate/housing market meltdown - withmany foreclosures and personal bankruptcies
Stock and commodity market crash (krach)and shrinking confidence/trust in economy
8/8/2019 BSP Crisis+
5/38
The new global s(l)(h)owdown 2The new global s(l)(h)owdown 2 Deep and long global economic recession
looms for ALL countries - with highunemployment, shrinking tax receipts, lower
exports and trade, gyration in value ofcurrencies, decreasing tourism income,reduced consumption levels - and the specterof deflation
Oil and commodity prices are in a steep fall,affecting the income of many oil-producing(developing) countries - while lessening theburden for the majority of the developingcountries, which had absorbed e.g. in manyAfrican countries all ODA inflows
Deep and long global economic recessionlooms for ALL countries - with highunemployment, shrinking tax receipts, lower
exports and trade, gyration in value ofcurrencies, decreasing tourism income,reduced consumption levels - and the specterof deflation
Oil and commodity prices are in a steep fall,affecting the income of many oil-producing(developing) countries - while lessening theburden for the majority of the developingcountries, which had absorbed e.g. in manyAfrican countries all ODA inflows
8/8/2019 BSP Crisis+
6/38
The new global s(l)(h)owdown 3The new global s(l)(h)owdown 3 All these pressures reduce the ability of
Governments in industrialised and developingcountries alike to steer their economies;
budget deficits are rising again (in the EUlikely above the 3% Maastricht mark)
Governments are forced to prune theirbudgets so as to reach as balanced a budgetas possible, especially if they require IMFstandby credits
The return of the virtue of deficit spending
Moral hazard: Need for more equity in policy-making and allocation of public funds
All these pressures reduce the ability ofGovernments in industrialised and developingcountries alike to steer their economies;
budget deficits are rising again (in the EUlikely above the 3% Maastricht mark)
Governments are forced to prune theirbudgets so as to reach as balanced a budgetas possible, especially if they require IMFstandby credits
The return of the virtue of deficit spending
Moral hazard: Need for more equity in policy-making and allocation of public funds
8/8/2019 BSP Crisis+
7/38
The ethical dimensionThe ethical dimension The global financial crisis has spread like
wildfire across the world because one singlemodel of globalization, i.e. liberalizing marketeconomy without regard to diversity, different
stages of development, needs etc. waspursued.
The deliberate pushing aside of alternativemodels and approaches points to a moral andethical deficency, which policy-makers wouldhave to account for.
Kofi Annan recently denounced as incrediblyshort-sighted - as well as immoral for wealthycountries to use this financial crisis to drop
promises to help the poorest (IHT)
The global financial crisis has spread likewildfire across the world because one singlemodel of globalization, i.e. liberalizing marketeconomy without regard to diversity, different
stages of development, needs etc. waspursued.
The deliberate pushing aside of alternativemodels and approaches points to a moral andethical deficency, which policy-makers wouldhave to account for.
Kofi Annan recently denounced as incrediblyshort-sighted - as well as immoral for wealthycountries to use this financial crisis to drop
promises to help the poorest (IHT)
8/8/2019 BSP Crisis+
8/38
The consequencesThe consequences Developing countries, the most defenseless - and
often times innocent bystanders - face a perfectstorm (WB) and for them the crisis may translateinto lower government budget allocations to social AND
productive sectors; Less (discretionary) funds for activities in ED, SC, CLT
and CI
Lesser prospects for attainment of IADGs/MDGs by 2015
rising poverty levels - indeed more than 100 million
people have already been pushed back into povertysince onset of crisis (WB President Zoellick)
More demand for official development assistance (ODA)and foreign direct investment (FDI) flows
More demand for multilateral and NGO/foundation funds More recourse to South-South coo eration
Developing countries, the most defenseless - and
often times innocent bystanders - face a perfectstorm (WB) and for them the crisis may translateinto lower government budget allocations to social AND
productive sectors; Less (discretionary) funds for activities in ED, SC, CLT
and CI
Lesser prospects for attainment of IADGs/MDGs by 2015
rising poverty levels - indeed more than 100 million
people have already been pushed back into povertysince onset of crisis (WB President Zoellick)
More demand for official development assistance (ODA)and foreign direct investment (FDI) flows
More demand for multilateral and NGO/foundation funds More recourse to South-South coo eration
8/8/2019 BSP Crisis+
9/38
The consequences 2The consequences 2 For industrialised countries, this may translate into
Lower ODA earmarking and allocations, abandoningcommitments made only recently (e.g. 2005 G-8Gleneagles commitment to double aid to Africa by 2010) -at present, US$ 30 billion short;
overall, more pronounced trend towards lower ODA
Less ODA for select sectors, especially those not protectedby specific international pledges or agreements
Less availability of discretionary funds and hencelower/stagnant levels of extrabudgetary contributions to
multilateral organisations
Lack of readiness to subscribe to new multilateralinitiatives
For industrialised countries, this may translate into
Lower ODA earmarking and allocations, abandoningcommitments made only recently (e.g. 2005 G-8Gleneagles commitment to double aid to Africa by 2010) -at present, US$ 30 billion short;
overall, more pronounced trend towards lower ODA
Less ODA for select sectors, especially those not protectedby specific international pledges or agreements
Less availability of discretionary funds and hencelower/stagnant levels of extrabudgetary contributions to
multilateral organisations
Lack of readiness to subscribe to new multilateralinitiatives
8/8/2019 BSP Crisis+
10/38
The consequences 3The consequences 3 For the private sector, this may translate into
Lower economic growth
Less trade with developing countries irrespective oftrade barriers and custom levels
Lower levels of FDI flows
Less loans for investment and trade in developingcountries
Lack of interest in new public-private partnershipsrequiring private sector funding
Overall, reduced confidence in market forces
Lower volume of donations to NGOs and charities
Lower programme funds earmarked by foundations?
For the private sector, this may translate into
Lower economic growth
Less trade with developing countries irrespective oftrade barriers and custom levels
Lower levels of FDI flows
Less loans for investment and trade in developingcountries
Lack of interest in new public-private partnershipsrequiring private sector funding
Overall, reduced confidence in market forces
Lower volume of donations to NGOs and charities
Lower programme funds earmarked by foundations?
8/8/2019 BSP Crisis+
11/38
The multilateral falloutThe multilateral fallout Global collisions and contradictions arise;difficult to resolve - e.g., lower budgetallocations by developing countries makesthem look towards UN agencies which bythemselves my be hit by lower budgets - orpromote trade while credit dries up
doing more with less: demand by developingcountries for assistance will increase while
contributions to agencies are likely todecrease (zng or worse)
It may also mean more focus on upstreamadvice
Global collisions and contradictions arise;difficult to resolve - e.g., lower budgetallocations by developing countries makesthem look towards UN agencies which bythemselves my be hit by lower budgets - orpromote trade while credit dries up
doing more with less: demand by developingcountries for assistance will increase while
contributions to agencies are likely todecrease (zng or worse)
It may also mean more focus on upstreamadvice
8/8/2019 BSP Crisis+
12/38
The multilateral fallout 2The multilateral fallout 2 Can there be additionality even for (UN)
reform frameworks and how long will current
commitments hold (e.g. MDG-F and its newwindows; support to One UN Funds; nocountry left behind in EFAwho has a crediblenational EFAplan)?
How will IMF loans and the relatedconditionalities affect UNDAFs and OneProgrammes/Funds (e.g. Pakistan)?
Will UN reform efforts at the country level beaffected - if additional donor funds are notforthcoming to One or UNDAF Funds?
Can there be additionality even for (UN)reform frameworks and how long will current
commitments hold (e.g. MDG-F and its newwindows; support to One UN Funds; nocountry left behind in EFAwho has a crediblenational EFAplan)?
How will IMF loans and the relatedconditionalities affect UNDAFs and OneProgrammes/Funds (e.g. Pakistan)?
Will UN reform efforts at the country level beaffected - if additional donor funds are notforthcoming to One or UNDAF Funds?
8/8/2019 BSP Crisis+
13/38
The multilateral fallout 3The multilateral fallout 3 Will governments and multilateral agencies be
able to maintain their professed commitmentto fight climate change and environmentaldegradation - or will that be sacrificed for
straightforward economic survival action andother more immediate priorities??
Will any sectoral priorities be sacrificed orpushed back?
Overall - will there be a need to redefinemultilateralism - towards more collaboration?
Danger: excessive focus on new, moretransparent and accountable financial
architecture, without regard to the level ofreal needs of eo le and infrastructure needs
Will governments and multilateral agencies beable to maintain their professed commitmentto fight climate change and environmentaldegradation - or will that be sacrificed for
straightforward economic survival action andother more immediate priorities??
Will any sectoral priorities be sacrificed orpushed back?
Overall - will there be a need to redefinemultilateralism - towards more collaboration?
Danger: excessive focus on new, moretransparent and accountable financial
architecture, without regard to the level ofreal needs of eo le and infrastructure needs
8/8/2019 BSP Crisis+
14/38
G-20 Summit Washington15 November 2008 - signal of hope?
G-20 Summit Washington15 November 2008 - signal of hope?
The G-20 Declaration of the Summit on Financial Marketsand the World Economy on 15 November 2008 outlined aroadmap for future action to stabilise and reform financialmarkets, to preserve an open global economy, to promote
trade, to provide credit and liquidity and to restarteconomic growth and overcome recession
Major focus was on strengthening transparency andaccountability curbing speculation in currency, financialand commodity markets; enhancing sound regulation
nationally and internationally; promoting integrity infinancial markets; and reinforcing internationalcooperation
But the summit also emphasized in the concluding sectionon a commitment to an open global economy - though
almost as an afterthought and with rather weak and littlecom ellin lan ua e or conviction - on:
The G-20 Declaration of the Summit on Financial Marketsand the World Economy on 15 November 2008 outlined aroadmap for future action to stabilise and reform financialmarkets, to preserve an open global economy, to promote
trade, to provide credit and liquidity and to restarteconomic growth and overcome recession
Major focus was on strengthening transparency andaccountability curbing speculation in currency, financialand commodity markets; enhancing sound regulation
nationally and internationally; promoting integrity infinancial markets; and reinforcing internationalcooperation
But the summit also emphasized in the concluding sectionon a commitment to an open global economy - though
almost as an afterthought and with rather weak and littlecom ellin lan ua e or conviction - on:
8/8/2019 BSP Crisis+
15/38
G-20 summit - a signal of hope?G-20 summit - a signal of hope?
A commitment to free market principles which areessential to economic growth and prosperity and havelifted millions out of poverty;
The importance of rejecting protectionism and notturning inward in times of financial uncertainty;
The impact of the crisis on developing countries,particularly the most vulnerable;
The importance of the MDGs, the developmentassistance commitments the participants have made
Urge both developed and emerging countries toundertake commitments consistent with their capacitiesand roles in the global economy
Reaffirm the development principles agreed at the 2002Monterrey Conference on Financing for Development,
which emphasized country ownership and mobilizing allsources of financing for development.
A commitment to free market principles which areessential to economic growth and prosperity and havelifted millions out of poverty;
The importance of rejecting protectionism and notturning inward in times of financial uncertainty;
The impact of the crisis on developing countries,particularly the most vulnerable;
The importance of the MDGs, the developmentassistance commitments the participants have made
Urge both developed and emerging countries toundertake commitments consistent with their capacitiesand roles in the global economy
Reaffirm the development principles agreed at the 2002Monterrey Conference on Financing for Development,
which emphasized country ownership and mobilizing allsources of financing for development.
8/8/2019 BSP Crisis+
16/38
The lacunae in the G-20 messageThe lacunae in the G-20 message
Sadly, no word about preventing a rollback in thevolume of development finance, the need forinvestment in education and health precisely at thepresent juncture to build the foundations for future
development and prosperity, or underlining thecritical role of and providing the necessaryresources to other multilateral organisations thanthe Bretton Woods institutions..
We are left simply with a statement that thesummitteers are confident that throughcoordinated partnership, cooperation andmultilateralism (of an undefined type), the worldwill overcome the challenges before it and restory
stability and prosperity in the world economy.
Sadly, no word about preventing a rollback in thevolume of development finance, the need forinvestment in education and health precisely at thepresent juncture to build the foundations for future
development and prosperity, or underlining thecritical role of and providing the necessaryresources to other multilateral organisations thanthe Bretton Woods institutions..
We are left simply with a statement that thesummitteers are confident that throughcoordinated partnership, cooperation andmultilateralism (of an undefined type), the worldwill overcome the challenges before it and restory
stability and prosperity in the world economy.
8/8/2019 BSP Crisis+
17/38
World Bank calls for aid boostWorld Bank calls for aid boost The World Bank President called on donors to
boost financial aid to developing nations
which find themselves at the mercy of a crisisthat is not of their making
Empowering developing and emergingcountries and economies is imperative
Helping nations pursue economicdevelopment and long-term prosperity shouldbe the goal of development finance.
The World Bank President called on donors toboost financial aid to developing nations
which find themselves at the mercy of a crisisthat is not of their making
Empowering developing and emergingcountries and economies is imperative
Helping nations pursue economicdevelopment and long-term prosperity shouldbe the goal of development finance.
8/8/2019 BSP Crisis+
18/38
Doha Follow-up International Conferenceto the Monterrey Consensus -
28 November - 2 December 2008
Doha Follow-up International Conferenceto the Monterrey Consensus -
28 November - 2 December 2008It adopted a voluminous Outcome Document containing
the Doha Declaration on Financing for Development,now to be submitted to the UN General Assembly forendorsement.
Highlights of this Declaration:a) the reconfirmation by and large of the Monterrey
Consensus (insofar not breaking any new ground);
b) the emphasis, especially at the insistence of
developing countries, on the need to remaincommitted to the current ODA targets, irrespective ofthe fallout of the present crisis;
c) in addition to the traditional supply side concerns ofdomestic resource mobilization, ODA, debt relief and
trade a strong focus on innovative financingapproaches;
It adopted a voluminous Outcome Document containingthe Doha Declaration on Financing for Development,now to be submitted to the UN General Assembly forendorsement.
Highlights of this Declaration:a) the reconfirmation by and large of the Monterrey
Consensus (insofar not breaking any new ground);
b) the emphasis, especially at the insistence of
developing countries, on the need to remaincommitted to the current ODA targets, irrespective ofthe fallout of the present crisis;
c) in addition to the traditional supply side concerns ofdomestic resource mobilization, ODA, debt relief and
trade a strong focus on innovative financingapproaches;
8/8/2019 BSP Crisis+
19/38
Doha - contdDoha - contdd) a strong section on gender equality and the
economics of gender;e) an explicit focus on social investment, including
education not least driven and inspired by UNESCOssuccessful High-level event; and
f) a decision to hold a UN conference at the highest
level on the impact of the current financial andeconomic crisis on development.
g) On the margins of the Conference, the President ofthe General Assembly also launched a Commissionof Experts on Reforms of the International Monetary
and Financial System.h) If anything, the continued absence of scientific,
cultural and communication issues on the agendasand the outcome documents of conferences like theone in Doha is a source of dissatisfaction and we mayneed to reflect how to remedy this deficiency.
d) a strong section on gender equality and the
economics of gender;e) an explicit focus on social investment, including
education not least driven and inspired by UNESCOssuccessful High-level event; and
f) a decision to hold a UN conference at the highest
level on the impact of the current financial andeconomic crisis on development.
g) On the margins of the Conference, the President ofthe General Assembly also launched a Commissionof Experts on Reforms of the International Monetary
and Financial System.h) If anything, the continued absence of scientific,
cultural and communication issues on the agendasand the outcome documents of conferences like theone in Doha is a source of dissatisfaction and we mayneed to reflect how to remedy this deficiency.
8/8/2019 BSP Crisis+
20/38
Financing Education in Conflict-
Affected Areas to Achieve EFAGoals
Financing Education in Conflict-
Affected Areas to Achieve EFAGoals From UNESCOs perspective, most significant
was the High level Side Event: FinancingEducation in Conflict Affected Areas to Achieve
the Education for All Goals. It was organized byED and NYLO and held under the auspices ofFirst Lady Sheikha Mozah. The list of participantsfurther included the UN Secretary-General, thePresident of Burundi, the Vice-President of El
Salvador, the President of the UN GeneralAssembly, numerous Development CooperationMinisters and Heads of bilateral agencies (e.g.Netherlands, USA) as well as senior officials,NGO leaders and senior colleagues from the UN
system (World Bank, UNICEF, UNFPA) and
From UNESCOs perspective, most significantwas the High level Side Event: FinancingEducation in Conflict Affected Areas to Achieve
the Education for All Goals. It was organized byED and NYLO and held under the auspices ofFirst Lady Sheikha Mozah. The list of participantsfurther included the UN Secretary-General, thePresident of Burundi, the Vice-President of El
Salvador, the President of the UN GeneralAssembly, numerous Development CooperationMinisters and Heads of bilateral agencies (e.g.Netherlands, USA) as well as senior officials,NGO leaders and senior colleagues from the UN
system (World Bank, UNICEF, UNFPA) and
8/8/2019 BSP Crisis+
21/38
Education in Conflict-Affected Areas -contd
Education in Conflict-Affected Areas -contd
The discussion resulted in the Doha
Statement on Financing Education in
Conflict Affected Areas. This event laidan excellent foundation for the upcoming
spring 2009 discussion by the UN General
Assembly on the very subject.
The discussion resulted in the Doha
Statement on Financing Education in
Conflict Affected Areas. This event laidan excellent foundation for the upcoming
spring 2009 discussion by the UN General
Assembly on the very subject.
8/8/2019 BSP Crisis+
22/38
High-level Group on EFA, 8th
Meeting - 16-18 Dec 2008, Oslo
High-level Group on EFA, 8th
Meeting - 16-18 Dec 2008, Oslo
The OSLO DECLARATION ACTING
TOGETHER, was adopted by the participating
Ministers, leading officials of multilateral andbilateral agencies, senior representatives of civil
society and private sector organisations, gathered
at the invitation of the Director-General of
UNESCO and of the Minister of Environment andInternational Development of Norway
The OSLO DECLARATION ACTING
TOGETHER, was adopted by the participating
Ministers, leading officials of multilateral andbilateral agencies, senior representatives of civil
society and private sector organisations, gathered
at the invitation of the Director-General of
UNESCO and of the Minister of Environment andInternational Development of Norway
8/8/2019 BSP Crisis+
23/38
Oslo Declaration - contdOslo Declaration - contdThe HLG noted that it took place in the context of a
global economic slowdown spurred by a financialcrisis unprecedented since the 1930s. TheDeclaration stated thatIt will be imperative to
protect and insulate the worlds poorest children,youth and adults from the worst effects of the crisis,as they carry the least responsibility for theseevents. The crisis should not serve as justification
for any reduction in national spending andinternational aid to education. Instead, steadfastsupport for achieving the internationally agreeddevelopment goals, including the EFA andMillennium Development Goals (MDGs), is more
vital than it was before the crisis.
The HLG noted that it took place in the context of aglobal economic slowdown spurred by a financialcrisis unprecedented since the 1930s. TheDeclaration stated thatIt will be imperative to
protect and insulate the worlds poorest children,youth and adults from the worst effects of the crisis,as they carry the least responsibility for theseevents. The crisis should not serve as justification
for any reduction in national spending andinternational aid to education. Instead, steadfastsupport for achieving the internationally agreeddevelopment goals, including the EFA andMillennium Development Goals (MDGs), is more
vital than it was before the crisis.
8/8/2019 BSP Crisis+
24/38
8/8/2019 BSP Crisis+
25/38
Oslo Declaration - contdOslo Declaration - contd (4.) We therefore agree to better plan and coordinate global advocacy
efforts for all six EFA goals. We task the EFA convening agencies andinterested EFA partners to furtherdevelop a joint EFA advocacy planof action and present its first results to the next meeting.
(5.) Educational strategies need to be integrated within broader anti-poverty and national development policy frameworks. The fact that
child malnutrition and ill health remain a major obstacle to educationalaccess and achievement for the poor highlights the intricateconnections among education, health and social conditions. Itunderscores the need for stronger inter-sectoral policy coordination.
(6.) We request the EFA convening agencies, to engage with relevant
UN agencies such as the WHO and the WFP as well as interested EFApartners in order to better coordinate education, health and nutritioninitiatives in integrated programmes, targeting young children in poorcommunities in countries far from EFA. We commit to support suchinitiatives that should be country driven and backed by development
partners.
(4.) We therefore agree to better plan and coordinate global advocacy
efforts for all six EFA goals. We task the EFA convening agencies andinterested EFA partners to furtherdevelop a joint EFA advocacy planof action and present its first results to the next meeting.
(5.) Educational strategies need to be integrated within broader anti-poverty and national development policy frameworks. The fact that
child malnutrition and ill health remain a major obstacle to educationalaccess and achievement for the poor highlights the intricateconnections among education, health and social conditions. Itunderscores the need for stronger inter-sectoral policy coordination.
(6.) We request the EFA convening agencies, to engage with relevant
UN agencies such as the WHO and the WFP as well as interested EFApartners in order to better coordinate education, health and nutritioninitiatives in integrated programmes, targeting young children in poorcommunities in countries far from EFA. We commit to support suchinitiatives that should be country driven and backed by development
partners.
8/8/2019 BSP Crisis+
26/38
The UNESCO perspectiveThe UNESCO perspective As exemplified by the Oslo Declaration, critical
need for specific and effective advocacy formaintaining or increasing ODA flows in time offinancial downturn with all relevant partners(education, climate change).
Multi-sectoral coordination, especially at thecountry level, will be essential to attain IADGs
Concentration+prioritisation in the face of lowerresource prospects and growing needs
Need for even more sharpened and results-oriented 35 C/5
As exemplified by the Oslo Declaration, criticalneed for specific and effective advocacy formaintaining or increasing ODA flows in time offinancial downturn with all relevant partners(education, climate change).
Multi-sectoral coordination, especially at thecountry level, will be essential to attain IADGs
Concentration+prioritisation in the face of lowerresource prospects and growing needs
Need for even more sharpened and results-oriented 35 C/5
8/8/2019 BSP Crisis+
27/38
The UNESCO perspective 2The UNESCO perspective 2 Need for more imagination and creativity in
delivery: focus on less costly initiatives - and
reorientation towards (cheaper but effective)upstream initiatives - enhanced visibility
Whither the UNESCO budget level: can zrg beobtained for the 35 C/5? How can we
preserve current levels of extrabudgetaryresources critical for outreach and impact?
Need for a revision of 34 C/4??
Need for more imagination and creativity indelivery: focus on less costly initiatives - and
reorientation towards (cheaper but effective)upstream initiatives - enhanced visibility
Whither the UNESCO budget level: can zrg beobtained for the 35 C/5? How can we
preserve current levels of extrabudgetaryresources critical for outreach and impact?
Need for a revision of 34 C/4??
8/8/2019 BSP Crisis+
28/38
Specific action by UNESCOSpecific action by UNESCO Urgent need for sustained monitoring of
trends in the spheres of competence of
UNESCO: In developing countries as regards budget
allocations to education, the sciences, culture andcommunication and information and continuationof multi-donor programmes and projects
In industrialized countries, flows of ODA,sectorally broken down (data by OECD), and ofextrabudgetary resources to UNESCO and othermultilateral organizations
In case of negative trends, launch global alerts
and design proactive counter-strategies
Urgent need for sustained monitoring oftrends in the spheres of competence of
UNESCO: In developing countries as regards budget
allocations to education, the sciences, culture andcommunication and information and continuationof multi-donor programmes and projects
In industrialized countries, flows of ODA,sectorally broken down (data by OECD), and ofextrabudgetary resources to UNESCO and othermultilateral organizations
In case of negative trends, launch global alerts
and design proactive counter-strategies
8/8/2019 BSP Crisis+
29/38
Specific action by UNESCO 2Specific action by UNESCO 2 Strengthen critical areas where UNESCO can
make a difference: Advocacy for EFA and preservation of national
budget allocations to education
Accelerate education for sustainable development - increative and effective ways to induce behavioralchanges with long-term effects
Build capacities for operating national scientificknowledge basis - we must become more adept atquickly translating scientific evidence/innovation into
policy changes and practices Inure policy initiatives and investments in
strategically important sectors like education,science, culture as well as communication andinnovation
Preserve resources for culture as a critical element of
Strengthen critical areas where UNESCO can
make a difference: Advocacy for EFA and preservation of national
budget allocations to education
Accelerate education for sustainable development - increative and effective ways to induce behavioralchanges with long-term effects
Build capacities for operating national scientificknowledge basis - we must become more adept atquickly translating scientific evidence/innovation into
policy changes and practices Inure policy initiatives and investments in
strategically important sectors like education,science, culture as well as communication andinnovation
Preserve resources for culture as a critical element of
8/8/2019 BSP Crisis+
30/38
Specific action by UNESCO 3Specific action by UNESCO 3
We must mobilise our efforts in packaging andsharing knowledge and information as well aspolicy advice that can help countries to copewith the multiple crises
Paradoxically, this will also need an immediateinfusion of resources - not a cutback
It is not charity, it is investment in the worldsimmediate future - the crisis has alreadyundermined our global economic security
Action in the social sectors is critical for futureglobal stability and prosperity: investments indevelopment assistance and the social sectormust be defined by their long-term return, nottheir short-term cost
We must mobilise our efforts in packaging andsharing knowledge and information as well aspolicy advice that can help countries to copewith the multiple crises
Paradoxically, this will also need an immediateinfusion of resources - not a cutback
It is not charity, it is investment in the worldsimmediate future - the crisis has alreadyundermined our global economic security
Action in the social sectors is critical for futureglobal stability and prosperity: investments indevelopment assistance and the social sectormust be defined by their long-term return, nottheir short-term cost
8/8/2019 BSP Crisis+
31/38
The crises: moment for global
reflection and stocktaking
The crises: moment for global
reflection and stocktaking Almost exclusive emphasis on
macroeconomics and on supply side ofdevelopment: ODA flows, FDI, debt relief
Insufficient focus on sectoral demand side,like resources required for EFA, SC, CLT, CI oragriculture, health, industrial development,labor
No effort is apparent to link supply anddemand sides of the equation - need forcloser coordination between Bretton Woodsinstitutions and UN system organizations
Almost exclusive emphasis onmacroeconomics and on supply side ofdevelopment: ODA flows, FDI, debt relief
Insufficient focus on sectoral demand side,like resources required for EFA, SC, CLT, CI oragriculture, health, industrial development,labor
No effort is apparent to link supply anddemand sides of the equation - need forcloser coordination between Bretton Woodsinstitutions and UN system organizations
8/8/2019 BSP Crisis+
32/38
The call for vulnerability fundsThe call for vulnerability funds
WB President Zoellick proposed in IHT of 24Jan. 2009 the creation of vulnerability funds,
to be fed by developed countries with anamount of 0.7% of their respective stimuluspackages to assist developing countries thatcant afford bailouts and deficits
The funds should be taken from thededicated bailout/stimulus packages
This would translate for US to an immediatecontribution of US$ 6 billion
WB+Japan launched programme toreca italise banks in develo in countries
WB President Zoellick proposed in IHT of 24Jan. 2009 the creation of vulnerability funds,
to be fed by developed countries with anamount of 0.7% of their respective stimuluspackages to assist developing countries thatcant afford bailouts and deficits
The funds should be taken from thededicated bailout/stimulus packages
This would translate for US to an immediatecontribution of US$ 6 billion
WB+Japan launched programme toreca italise banks in develo in countries
8/8/2019 BSP Crisis+
33/38
Focus of vulnerability fundsFocus of vulnerability funds Creation of safety net programmes
Food-for-work programmes
Seed and fertilizer projects Maternal and child nutrition projects
School meal programmes
Cash for work programmes
Road work and drainage
INVESTMENTS IN HEALTH, EDUCATION ANDNUTRITION MUST BE MORE THANTEMPORARY POVERTY RELIEF: THEYAREINVESTMENTS IN HUMAN CAPITAL
Creation of safety net programmes
Food-for-work programmes
Seed and fertilizer projects Maternal and child nutrition projects
School meal programmes
Cash for work programmes
Road work and drainage
INVESTMENTS IN HEALTH, EDUCATION ANDNUTRITION MUST BE MORE THANTEMPORARY POVERTY RELIEF: THEYAREINVESTMENTS IN HUMAN CAPITAL
8/8/2019 BSP Crisis+
34/38
Vulnerability funds - contdVulnerability funds - contd Investments in infrastructure, including
financing for low-carbon technology
projects
Support small- and medium-sizedenterprises and microcredit institutions
Investments in infrastructure, includingfinancing for low-carbon technology
projects
Support small- and medium-sizedenterprises and microcredit institutions
8/8/2019 BSP Crisis+
35/38
Amoment for stocktaking -
and action
Amoment for stocktaking -
and action This all then calls for effective strategies and
solid calculations for the various sectoral
areas - a challenge and a survivalnecessity/opportunity for UNESCO
The only available sectoral estimate of US$11 billion annually for EFAmay well beoutdated and too low, as it was producedsome 10 years ago
Where do we stand with estimates forscience/water/oceans; culture;communication and information??
This all then calls for effective strategies andsolid calculations for the various sectoral
areas - a challenge and a survivalnecessity/opportunity for UNESCO
The only available sectoral estimate of US$11 billion annually for EFAmay well beoutdated and too low, as it was producedsome 10 years ago
Where do we stand with estimates forscience/water/oceans; culture;communication and information??
8/8/2019 BSP Crisis+
36/38
Next steps: sensitisation -awareness - advocacy - coalition
building
Next steps: sensitisation -awareness - advocacy - coalition
building
CEB/HLCP will - with UNESCO part.-discuss the issue
at its next session 26-27 February 2009, Geneva
As agreed by the Intersectoral Platform for
Anticipation and Foresight, on 2 March 2009,
BSP/FOR (Foresight Programme) will organize a
daylong workshop session on the The GlobalFinancial and Economic crisis its parametersand potential impact on multilateralism
CEB/HLCP will - with UNESCO part.-discuss the issue
at its next session 26-27 February 2009, Geneva
As agreed by the Intersectoral Platform for
Anticipation and Foresight, on 2 March 2009,
BSP/FOR (Foresight Programme) will organize a
daylong workshop session on the The GlobalFinancial and Economic crisis its parametersand potential impact on multilateralism
8/8/2019 BSP Crisis+
37/38
Workshop - 2 March 2009Workshop - 2 March 2009
The Director-General will open the conference, atwhich several well-known international expertswill speak on the following four panel subjects:
THE IMPACT OF THE GLOBAL FINANCIAL ANDECONOMIC CRISIS ON DEVELOPING COUNTRIES, IN
PARTICULAR IN AFRICA, AND THE PROSPECTS FORATTAINING THE INTERNATIONALLY AGREEDDEVELOPMENT GOALS, INCLUDING THE MDGs
INVESTING OUT OF THE CRISIS IN EDUCATION,SOCIAL SERVICES, SCIENCE AND KNOWLEDGE
THE POTENTIAL IMPACT OF THE GLOBALFINANCIAL AND ECONOMIC CRISIS ON WOMEN ANDGENDER EQUALITY
WHAT IMPACT OF THE GLOBAL FINANCIAL ANDECONOMIC CRISIS ON CLIMATE CHANGE ANDPROSPECTS FOR A GREEN ECONOMY?
The Director-General will open the conference, atwhich several well-known international expertswill speak on the following four panel subjects:
THE IMPACT OF THE GLOBAL FINANCIAL ANDECONOMIC CRISIS ON DEVELOPING COUNTRIES, IN
PARTICULAR IN AFRICA, AND THE PROSPECTS FORATTAINING THE INTERNATIONALLY AGREEDDEVELOPMENT GOALS, INCLUDING THE MDGs
INVESTING OUT OF THE CRISIS IN EDUCATION,SOCIAL SERVICES, SCIENCE AND KNOWLEDGE
THE POTENTIAL IMPACT OF THE GLOBALFINANCIAL AND ECONOMIC CRISIS ON WOMEN ANDGENDER EQUALITY
WHAT IMPACT OF THE GLOBAL FINANCIAL ANDECONOMIC CRISIS ON CLIMATE CHANGE ANDPROSPECTS FOR A GREEN ECONOMY?
8/8/2019 BSP Crisis+
38/38
We will remain in the eye of
the storm
We will remain in the eye of
the storm Calm inside
Heavy storm outside
Debris all around us And then: what will be the fallout for us?
How can we react and counter any potentialnegative impact?
How can we anticipate the expectation ofMember States, the needs of developingcountries and proactively deliver?
Calm inside
Heavy storm outside
Debris all around us And then: what will be the fallout for us?
How can we react and counter any potentialnegative impact?
How can we anticipate the expectation ofMember States, the needs of developingcountries and proactively deliver?