The unfolding global financial and economic crisis, the most severe economic downturn that the global community has experienced in the past 60 years, was at the top of the CEB agenda during the period under review. In a communiqué issued following the CEB session in April 2009, the executive heads emphasized that the social effects of the crisis were already disturbing and could worsen. Unless urgent action were taken, the crisis could have devastating effects for the most vulnerable and voiceless, with growing social insecurity and displacement of people.
Please note: only publishing dates after March 2013 may be considered reliable.
Pages tagged with Joint Crisis Initiatives (JCI)
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.
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.
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 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.
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 “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 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 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 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 UN System brings together its funding and operational capacities in a coherent and concrete implementation approach to support the implementation of an ambitious and effective framework of action,
Since the unfolding of the global financial and economic crisis in 2008, CEB has taken special measures to promote a rapid United Nations system response. Starting in October 2008, the Board and the High-level Committee on Programmes initiated a review and analysis of the impact of the crisis and identified the major challenges facing the international community in meeting the needs of the world’s most vulnerable.