At the CEB first regular session 2009, Executive Heads adopted a Communiqué endorsing nine Joint Crisis Initiatives and emphasizing the need to assist countries and the global community to confront the crisis, accelerate recovery, and build a fair and inclusive system of globalization based on sustainable economic, social and environmental development for all.
Taken together, the nine joint initiatives serve as a strategic framework for facilitating the UN system’s operational response in support of development strategies that address vulnerabilities caused or exacerbated by the global financial crisis. They examine the linkages between policy prescriptions at the global level and implementation based on country needs and priorities.
Each initiative is led by one or more CEB member organizations with the relevant competence, with the voluntary participation of others who are contributing from their various perspectives.
The Food Security Initiative builds on the work of the Secretary-General’s High-level Task Force on the Global Food Security Crisis, established by CEB in April 2008, and, specifically upon the Comprehensive Framework for Action.
The Trade Initiative monitors trade and investment developments to counter protectionism; regularly convene relevant stakeholders and prepare periodic reports on the situation of trade finance markets to foster transparency and best practices and ensure delivery of commitments.
The Green Economy Initiative (GEI) responds to the development challenges and imbalances in growth strategies that underlie the global financial and economic crisis by motivating policymakers in all countries...
The “Global Jobs Pact” initiative aims at focusing the attention of decision-makers on employment measures and decent work as the foundation for long-term recovery. The Initiative highlights that the multiplier effects of investments in employment-intensive areas are higher than those of alternate measures such as tax cuts. T
The aim of this initiative is to advocate for and advise on the provision of a social protection floor and public resource spending in ways that will both kick-start growth and support more inclusive and sustainable social and economic development.
The initiative aims at drawing the attention of decision-makers to the short, medium and long-term impact of the ongoing crisis on the world’s humanitarian security and social stability through a holistic approach.
Information and communication networks are the new engine of the modern global economy, and need to be consistently strengthened and expanded. Technological innovation, investment incentives and strong legal frameworks are essential to sustainable post-crisis growth.
The Monitoring and Analysis aspect of the Joint Crisis Initiative is based on three pillars: Global Impact and Vulnerability Alert System (GIVAS); Integrated Monitoring and Analytical System for Crisis Response; Monitoring Economic and Financial Policies – IMF Surveillance.