Misplaced Pages

#420579

87-782: IFA was founded in 1927 in London as the International Superphosphate Manufacturers Association. IFA has consultative status with various agencies of the United Nations (UN), including: The Association also cooperates actively with: Alzebeta Klein is the CEO and director general of the International Fertilizer Association. United Nations The United Nations ( UN ) is a diplomatic and political international organization with

174-641: A "systemic failure". In 2010, the organization suffered the worst loss of life in its history, when 101 personnel died in the Haiti earthquake . Acting under the United Nations Security Council Resolution 1973 in 2011, NATO countries intervened in the First Libyan Civil War . The Millennium Summit was held in 2000 to discuss the UN's role in the 21st century. The three-day meeting was

261-601: A UN official, negotiated an armistice to the resulting conflict , with the Security Council deciding that “an armistice shall be established in all sectors of Palestine”. On 7 November 1956, the first UN peacekeeping force was established to end the Suez Crisis ; however, the UN was unable to intervene against the Soviet Union's simultaneous invasion of Hungary , following the country's revolution . On 14 July 1960,

348-469: A board of governors meeting once a year. Each member country appoints a governor, generally its minister of finance. Daily, the World Bank Group is run by a board of 25 executive directors to whom the governors have delegated certain powers. Each director represents either one country (for the largest countries), or a group of countries. Executive directors are appointed by their respective governments or

435-475: A conference and initialised the drafting of the UN Charter , which was adopted on 25 June 1945. The charter took effect on 24 October 1945, when the UN began operations. The UN's objectives, as outlined by its charter, include maintaining international peace and security, protecting human rights , delivering humanitarian aid , promoting sustainable development , and upholding international law . At its founding,

522-566: A final report, "Striking a Better Balance". The report concluded that fossil fuel and mining projects do not alleviate poverty, and recommended that World Bank involvement with these sectors be phased out by 2008 to be replaced by investment in renewable energy and clean energy . The World Bank published its Management Response to the EIR in September 2004 after extensive discussions with the board of directors. The Management Response did not accept many of

609-580: A loan the bank made to the palm oil company Dinant after the 2009 Honduran coup d'état . There have been numerous killings of Campesinos in the region where Dinant was operating. Other controversial investments include loans to the Chixoy Hydroelectric Dam in Guatemala while it was under military dictatorship, and to Goldcorp (then Glamis Gold) for the construction of the Marlin Mine . In 2019,

696-969: A myriad of autonomous, separately administered funds, programmes, research and training institutes, and other subsidiary bodies . Each of these entities have their own area of work, governance structure, and budgets such as the World Trade Organization (or the WTO) and the International Atomic Energy Agency (or the IAEA), operate independently of the UN but maintain formal partnership agreements. The UN performs much of its humanitarian work through these institutions, such as preventing famine and malnutrition (the World Food Programme ), protecting vulnerable and displaced people (the UNHCR ), and combating

783-539: A permanent member to block adoption of a resolution, though not debate. The ten temporary seats are held for two-year terms, with five members elected each year by the General Assembly on a regional basis . The presidency of the Security Council rotates alphabetically each month. The UN Secretariat carries out the day-to-day duties required to operate and maintain the UN system. It is composed of tens of thousands of international civil servants worldwide and headed by

870-585: A plane crash . Months later he was posthumously awarded the Nobel Peace Prize . In 1964, Hammarskjöld's successor, U Thant , deployed the UN Peacekeeping Force in Cyprus , which would become one of the UN's longest-running peacekeeping missions. With the spread of decolonization in the 1960s, the UN's membership shot up due to an influx of newly independent nations. In 1960 alone, 17 new states joined

957-445: A two-thirds majority of those present and voting is required. All other questions are decided by a majority vote. Each member has one vote. Apart from the approval of budgetary matters, resolutions are not binding on the members. The Assembly may make recommendations on any matters within the scope of the UN, except matters of peace and security that are under consideration by the Security Council. Draft resolutions can be forwarded to

SECTION 10

#1732883787421

1044-834: A wide variety of complex tasks. The UN comprises six principal operational organizations: the General Assembly , the Security Council , the Economic and Social Council , the International Court of Justice , the UN Secretariat , and the Trusteeship Council , although the Trusteeship Council has been suspended since 1994. The UN System includes a multitude of specialized agencies , funds, and programmes, including

1131-991: A wide variety of topics. These include the United Nations Permanent Forum on Indigenous Issues , which advises UN agencies on issues relating to indigenous peoples , the United Nations Forum on Forests , which coordinates and promotes sustainable forest management, the United Nations Statistical Commission , which co-ordinates information-gathering efforts between agencies, and the Commission on Sustainable Development , which co-ordinates efforts between UN agencies and NGOs working towards sustainable development . ECOSOC may also grant consultative status to non-governmental organizations. as of April 2021 almost 5,600 organizations have this status. The UN Charter stipulates that each primary organ of

1218-461: Is defined in the UN Charter as the organization's chief administrative officer. Article 99 of the charter states that the secretary-general can bring to the Security Council's attention "any matter which in their opinion may threaten the maintenance of international peace and security", a phrase that secretaries-general since Trygve Lie have interpreted as giving the position broad scope for action on

1305-724: Is part of the World Bank Group. The group's headquarters are in Washington, D.C. It is an international organization owned by member governments; although it makes profits, they are used to support continued efforts in poverty reduction. Technically the World Bank is part of the United Nations system, but its governance structure is different: each institution in the World Bank Group is owned by its member governments, which subscribe to its basic share capital, with votes proportional to shareholding. Membership gives certain voting rights that are

1392-604: Is recognized as a leading funder of climate investments in developing countries. The WBG came into formal existence on 27 December 1946 following international ratification of the Bretton Woods agreements, which emerged from the United Nations Monetary and Financial Conference (1–22 July 1944). It also provided the foundation of the Osiander Committee in 1951, responsible for the preparation and evaluation of

1479-637: The Battle of Mogadishu . The UN mission to Bosnia faced worldwide ridicule for its indecisive and confused mission in the face of ethnic cleansing. In 1994, the UN Assistance Mission for Rwanda failed to intervene in the Rwandan genocide amidst indecision in the Security Council. From the late 1990s to the early 2000s, international interventions authorized by the UN took a wider variety of forms. The United Nations Security Council Resolution 1244 authorised

1566-514: The Four Power Declaration on General Security which aimed for the creation "at the earliest possible date of a general international organization". This was the first public announcement that a new international organization was being contemplated to replace the League of Nations. The Tehran Conference followed shortly afterwards at which Roosevelt, Churchill and Joseph Stalin , the leader of

1653-531: The Group of 77 under the leadership of Algeria, which briefly became a dominant power at the UN. On 10 November 1975, a bloc comprising the Soviet Union and Third World nations passed a resolution , over strenuous American and Israeli opposition, declaring Zionism to be a form of racism . The resolution was repealed on 16 December 1991, shortly after the end of the Cold War. With an increasing Third World presence and

1740-466: The ICJ Statute , which forms an integral part of the UN Charter, and non-members may also become parties. The ICJ's rulings are binding upon parties and, along with its advisory opinions, serve as sources of international law . The court is composed of 15 judges appointed to nine-year terms by the General Assembly. Every sitting judge must be from a different nation. The Economic and Social Council (or

1827-570: The NATO -led Kosovo Force beginning in 1999. The UN mission in the Sierra Leone Civil War was supplemented by a British military intervention . The invasion of Afghanistan in 2001 was overseen by NATO. In 2003, the United States invaded Iraq despite failing to pass a UN Security Council resolution for authorization, prompting a new round of questioning of the UN's effectiveness. Under

SECTION 20

#1732883787421

1914-786: The Paris Peace Conference . The League of Nations was approved and started operations, but the United States never joined. On 10 January 1920, the League of Nations formally came into being when the Covenant of the League of Nations , ratified by 42 nations in 1919, took effect. The League Council acted as an executive body directing the Assembly's business. It began with four permanent members—the United Kingdom , France , Italy , and Japan . After some limited successes and failures during

2001-724: The White House in December 1941 for the Arcadia Conference . Roosevelt is considered a founder of the UN, and coined the term United Nations to describe the Allied countries . Churchill accepted it, noting its use by Lord Byron . The text of the Declaration by United Nations was drafted on 29 December 1941, by Roosevelt, Churchill, and Harry Hopkins . It incorporated Soviet suggestions but included no role for France. One major change from

2088-622: The World Bank Group , the World Health Organization , the World Food Programme , UNESCO , and UNICEF . Additionally, non-governmental organizations may be granted consultative status with the Economic and Social Council and other agencies. The UN's chief administrative officer is the secretary-general , currently António Guterres , who is a Portuguese politician and diplomat. He began his first five-year term on 1 January 2017 and

2175-566: The World Development Report . Commencing operations on 25 June 1946, it approved its first loan on 9 May 1947 (USD 250M to France for postwar reconstruction, in real terms the largest loan the bank has issued to date). All of the 188 UN members and Kosovo that are WBG members participate at a minimum in the IBRD. As of May 2016, all of them also participate in some of the other four organizations (IDA, IFC, MIGA, and ICSID). WBG members by

2262-406: The secretary-general , who is assisted by the deputy secretary-general . The Secretariat's duties include providing information and facilities needed by UN bodies for their meetings and carrying out tasks as directed by the Security Council, the General Assembly, the Economic and Social Council, and other UN bodies. The secretary-general acts as the spokesperson and leader of the UN. The position

2349-686: The 1920s, the League proved ineffective in the 1930s, as it failed to act against the Japanese invasion of Manchuria in 1933. Forty nations voted for Japan to withdraw from Manchuria but Japan voted against it and walked out of the League instead of withdrawing from Manchuria. It also failed to act against the Second Italo-Ethiopian War , after the appeal for international intervention by Ethiopian Emperor Haile Selassie I at Geneva in 1936 went with no avail, including when calls for economic sanctions against Italy failed. Italy and other nations left

2436-997: The 2021 fiscal year. The bank's stated mission is to achieve the twin goals of ending extreme poverty and building shared prosperity. Total lending as of 2015 for the last 10 years through Development Policy Financing was approximately $ 117 billion. Its five organizations are: The first two are sometimes collectively referred to as the World Bank . The activities of the World Bank (the IBRD and IDA) focus on developing countries , in fields such as human development (e.g. education, health), agriculture and rural development (e.g. irrigation and rural services), environmental protection (e.g. pollution reduction, establishing and enforcing regulations), infrastructure (e.g. roads, urban regeneration, and electricity), large industrial construction projects, and governance (e.g. anti-corruption, legal institutions development). The IBRD and IDA provide loans at preferential rates to member countries, as well as grants to

2523-615: The Atlantic Charter was the addition of a provision for religious freedom , which Stalin approved after Roosevelt insisted. Roosevelt's idea of the " Four Powers ", refers to the four major Allied countries, the United States, the United Kingdom, the Soviet Union, and China , emerged in the Declaration by the United Nations. On New Year's Day 1942, Roosevelt, Churchill, the Soviet Union's former Foreign Minister Maxim Litvinov , and

2610-548: The Charter by the five permanent members of the Security Council : the United States, the United Kingdom, France, the Soviet Union and China — and by a majority of the other 46 nations. The first meetings of the General Assembly , with 51 nations represented, and the Security Council took place in London beginning in January 1946. Debates began at once, covering topical issues such as

2697-642: The Chinese Premier T. V. Soong signed the " Declaration by United Nations ", and the next day the representatives of twenty-two other nations added their signatures. During the war, the United Nations became the official term for the Allies. In order to join, countries had to sign the Declaration and declare war on the Axis powers . The October 1943 Moscow Conference resulted in the Moscow Declarations , including

International Fertilizer Association - Misplaced Pages Continue

2784-477: The ECOSOC) assists the General Assembly in promoting international economic and social co-operation and development. It was established to serve as the UN's primary forum for global issues and is the largest and most complex UN body. The ECOSOC's functions include gathering data, conducting studies and advising and making recommendations to member states. Its work is carried out primarily by subsidiary bodies focused on

2871-595: The EIR process, the World Bank issued a revised Policy on Indigenous Peoples. The World Bank has long been criticized by a range of non-governmental organizations and academics, notably including its former chief economist Joseph Stiglitz , who is equally critical of the International Monetary Fund , the US Treasury Department , and the US and other developed country trade negotiators. Critics argue that

2958-561: The EIR report's conclusions, but the EIR served to alter the World Bank's policies on oil, gas, and mining in important ways, as the World Bank documented in a recent follow-up report. One area of particular controversy concerned the rights of indigenous peoples. Critics point out that the Management Response weakened a key recommendation that indigenous peoples and affected communities should have to provide 'consent for projects to proceed; instead, there would be 'consultation'. Following

3045-420: The General Assembly by its six main committees: As well as by the following two committees: The Security Council is charged with maintaining peace and security among nations. While other organs of the UN can only make recommendations to member states, the Security Council has the power to make binding decisions that member states have agreed to carry out, under the terms of Charter Article 25. The decisions of

3132-678: The HIV/AIDS pandemic (the UNAIDS ). World Bank Group The World Bank Group ( WBG ) is a family of five international organizations that make leveraged loans to developing countries . It is the largest and best-known development bank in the world and an observer at the United Nations Development Group . The bank is headquartered in Washington, D.C. , in the United States . It provided around $ 98.83 billion in loans and assistance to "developing" and transition countries in

3219-428: The IBRD and IDA, whereas the term "World Bank Group" or "WBG" is used to refer to all five institutions collectively. The World Bank Institute is the capacity development branch of the World Bank, providing learning and other capacity-building programs to member countries. The IBRD has 189 member governments, and the other institutions have between 153 and 184. The institutions of the World Bank Group are all run by

3306-598: The League. When war broke out in 1939 , the League effectively closed down. The first step towards the establishment of the United Nations was the Inter-Allied Conference in London that led to the Declaration of St James's Palace on 12 June 1941. By August 1941, American President Franklin Roosevelt and British Prime Minister Winston Churchill had drafted the Atlantic Charter ; which defined goals for

3393-572: The Sanctions System; and the Conflict Resolution and Internal Justice System. The present managing director, Shaolin Yang, assumed the office after Sri Mulyani resigned to become finance minister of Indonesia . The managing director and World Bank Group chief financial officer is Anshula Kant since 7 October 2019. After longstanding criticisms from civil society of the bank's involvement in

3480-427: The Soviet Union, and the signing of the Korean Armistice Agreement on 27 July 1953. On 29 November 1947, the General Assembly approved resolution 181 , a proposal to partition Palestine into two state, with Jerusalem placed under a special international regime. The plan failed and a civil war broke out in Palestine, that led to the creation of the state of Israel afterward. Two years later, Ralph Bunche ,

3567-400: The Soviet Union, before all the issues were resolved. By 1 March 1945, 21 additional states had signed the Declaration by the United Nations. After months of planning, the UN Conference on International Organization opened in San Francisco on 25 April 1945. It was attended by 50 nations' governments and a number of non-governmental organizations. The delegations of the Big Four chaired

International Fertilizer Association - Misplaced Pages Continue

3654-451: The Soviet Union, met and discussed the idea of a post-war international organization. The new international organisation was formulated and negotiated amongst the delegations from the Allied Big Four at the Dumbarton Oaks Conference from 21 September to 7 October 1944. They agreed on proposals for the aims, structure and functioning of the new organization. It took the conference at Yalta in February 1945, and further negotiations with

3741-499: The UN authorized a US-led coalition that repulsed Iraq's invasion of Kuwait . Brian Urquhart , the under-secretary-general of the UN from 1971 to 1985, later described the hopes raised by these successes as a "false renaissance" for the organization, given the more troubled missions that followed. Beginning in the last decades of the Cold War , critics of the UN condemned the organization for perceived mismanagement and corruption. In 1984, American President Ronald Reagan withdrew

3828-412: The UN established the United Nations Operation in the Congo (or UNOC), the largest military force of its early decades, to bring order to Katanga , restoring it to the control of the Democratic Republic of the Congo by 11 May 1964. While travelling to meet rebel leader Moise Tshombe during the conflict, Dag Hammarskjöld , often named as one of the UN's most effective secretaries-general, died in

3915-562: The UN had 51 member states ; as of 2024 , it has 193 sovereign states , nearly all of the world's recognized sovereign states. The UN's mission to preserve world peace was complicated in its initial decades due in part to Cold War tensions that existed between the United States and Soviet Union and their respective allies. Its mission has included the provision of primarily unarmed military observers and lightly armed troops charged with primarily monitoring, reporting and confidence-building roles. UN membership grew significantly following

4002-430: The UN itself and operate with almost complete independence from it". These include specialized agencies, research and training institutions, programmes and funds and other UN entities. All organizations in the UN system obey the Noblemaire principle , which calls for salaries that will attract and retain citizens of countries where compensation is highest, and which ensures equal pay for work of equal value regardless of

4089-446: The UN's focus on promoting development, peacekeeping, human rights and global security. The Sustainable Development Goals (or SDGs) were launched in 2015 to succeed the Millennium Development Goals. In addition to addressing global challenges, the UN has sought to improve its accountability and democratic legitimacy by engaging more with civil society and fostering a global constituency. In an effort to enhance transparency, in 2016

4176-405: The UN's primary mandate was peacekeeping , the division between the United States and the Soviet Union often paralysed the organization; generally allowing it to intervene only in conflicts distant from the Cold War . Two notable exceptions were a Security Council resolution on 7 July 1950 authorizing a US-led coalition to repel the North Korean invasion of South Korea , passed in the absence of

4263-420: The UN, 16 of them from Africa. On 25 October 1971, with opposition from the United States, but with the support of many Third World nations, the People's Republic of China was given the Chinese seat on the Security Council in place of the Republic of China (also known as Taiwan). The vote was widely seen as a sign of waning American influence in the organization. Third World nations organized themselves into

4350-580: The United Nations can establish various specialized agencies to fulfill its duties. Specialized agencies are autonomous organizations working with the United Nations and each other through the coordinating machinery of the Economic and Social Council. Each was integrated into the UN system through an agreement with the UN under UN Charter article 57. There are fifteen specialized agencies, which perform functions as diverse as facilitating international travel, preventing and addressing pandemics, and promoting economic development. The United Nations system includes

4437-421: The United States' funding from the United Nations Educational, Scientific and Cultural Organisation (or UNESCO) over allegations of mismanagement, followed by the United Kingdom and Singapore. Boutros Boutros-Ghali , the secretary-general from 1992 to 1996, initiated a reform of the Secretariat, somewhat reducing the size of the organisation. His successor, Kofi Annan , initiated further management reforms in

SECTION 50

#1732883787421

4524-436: The United States, and the UN has other offices in Geneva , Nairobi , Vienna , and The Hague , where the International Court of Justice is headquartered at the Peace Palace . The UN was established after World War II with the aim of preventing future world wars , and succeeded the League of Nations , which was characterized as being ineffective. On 25 April 1945, 50 nations assembled in San Francisco , California, for

4611-406: The WBG until April 16, 1980, when the People's Republic of China replaced the ROC. Since then, it uses the name " Taiwan, China ". Excluded from the list are the following de facto states: Abkhazia , Artsakh , Northern Cyprus , the Sahrawi Arab Democratic Republic , Somaliland , South Ossetia , and Transnistria . Together with four affiliated agencies created between 1957 and 1988, the IBRD

4698-630: The World Bank, they mostly rely on private-sector clients to monitor their implementation and miss an independent monitoring institution in this context. This is why an extensive review of the institutions' implementation strategy of social and environmental standards is demanded. The World Bank's Integrity Vice Presidency (INT) is charged with the investigation of internal fraud and corruption, including complaint intake, investigation, and investigation reports. The World Bank Group has also been criticized for investing in projects with human rights issues. The Compliance Advisor/Ombudsman (CAO) criticized

4785-510: The assembly gathers at annual sessions at the General Assembly Hall , but emergency sessions can be summoned. The assembly is led by a president , elected by the member states on a rotating regional basis, and 21 vice-presidents. The first session convened on 10 January 1946 in the Methodist Central Hall in London and comprised representatives of 51 nations. When the General Assembly decides on seminal questions such as those on peace and security, admission of new members and budgetary matters,

4872-471: The bank's Charter require an 85% supermajority, the U.S. can block any major change in the bank's governing structure. Because the U.S. exerts formal and informal influence over the bank as a result of its vote share, control over the presidency, and the bank's headquarters location in Washington, D.C., friends and allies of the U.S. receive more projects with more lenient terms. The World Bank Group consists of The term " World Bank " generally refers to just

4959-435: The bank's largest shareholder. The nominee is subject to confirmation by the executive directors, to serve a five-year, renewable term. Ajay Banga is the current and 14th President of the World Bank Group . The managing director of the World Bank is responsible for organizational strategy; budget and strategic planning; information technology; shared services; Corporate Procurement; General Services and Corporate Security;

5046-412: The basis of the Convention on the Privileges and Immunities of the United Nations , the UN and its agencies are immune from the laws of the countries where they operate, safeguarding the UN's impartiality with regard to host and member countries. Below the six organs are, in the words of the author Linda Fasulo, "an amazing collection of entities and organizations, some of which are actually older than

5133-470: The body's former headquarters in the Peace Palace in The Hague, Netherlands , making it the only principal organ not based in New York City. The ICJ's main function is adjudicating disputes among nations. Examples of issues they have heard include war crimes, violations of state sovereignty and ethnic cleansing. The court can also be called upon by other UN organs to provide advisory opinions on matters of international law. All UN member states are parties to

5220-438: The century prior to the UN's creation, several international organizations such as the International Committee of the Red Cross were formed to ensure protection and assistance for victims of armed conflict and strife. During World War I , several major leaders, especially U.S. President Woodrow Wilson , advocated for a world body to guarantee peace. The winners of the war, the Allies , met to decide on formal peace terms at

5307-407: The constituencies. The agencies of the World Bank are each governed by their Articles of Agreement that serves as the legal and institutional foundation for all their work. The activities of the IFC and MIGA include investment in the private sector and providing insurance, respectively. Traditionally, the bank president has been a U.S. citizen nominated by the president of the United States,

SECTION 60

#1732883787421

5394-474: The council are known as United Nations Security Council resolutions . The Security Council is made up of fifteen member states: five permanent members (China, France, Russia, the United Kingdom and the United States) and ten non-permanent members (currently Algeria , Ecuador , Guyana , Japan , Malta , Mozambique , the Republic of Korea , Sierra Leone , Slovenia and Switzerland ). The five permanent members hold veto power over UN resolutions, allowing

5481-420: The eighth secretary-general, Ban Ki-moon , the UN intervened with peacekeepers in crises such as the War in Darfur in Sudan and the Kivu conflict in the Democratic Republic of the Congo and sent observers and chemical weapons inspectors to the Syrian Civil War . In 2013, an internal review of UN actions in the final battles of the Sri Lankan Civil War in 2009 concluded that the organization had suffered

5568-405: The employee's nationality. In practice, the International Civil Service Commission , which governs the conditions of UN personnel, takes reference to the highest-paying national civil service. Staff salaries are subject to an internal tax that is administered by the UN organizations. The General Assembly is the primary deliberative assembly of the UN. Composed of all UN member states ,

5655-437: The face of threats from the US to withhold its UN dues. Though the UN Charter had been written primarily to prevent aggression by one nation against another, in the early 1990s the UN faced several simultaneous, serious crises within Somalia, Haiti, Mozambique, and the nations that previously made up Yugoslavia. The UN mission in Somalia was widely viewed as a failure after the United States' withdrawal following casualties in

5742-445: The failure of UN mediation in conflicts in the Middle East , Vietnam , and Kashmir , the UN increasingly shifted its attention to its secondary goals of economic development and cultural exchange. By the 1970s, the UN budget for social and economic development was far greater than its peacekeeping budget. After the Cold War, the UN saw a radical expansion in its peacekeeping duties, taking on more missions in five years than it had in

5829-476: The five principal organs are located at the main UN Headquarters in New York City, while the International Court of Justice is seated in The Hague . Most other major agencies are based in the UN offices at Geneva , Vienna , and Nairobi , and additional UN institutions are located throughout the world. The six official languages of the UN, used in intergovernmental meetings and documents, are Arabic , Chinese , English , French , Russian and Spanish . On

5916-423: The intended purpose of maintaining international peace and security , developing friendly relations among nations, achieving international cooperation, and serving as a center for coordinating the actions of member nations. It is widely recognised as the world's largest international organization. The UN is headquartered in New York City , in international territory with certain privileges extraterritorial to

6003-409: The international financial institutions as 'illegal and illegitimate and a cog of coercive American diplomacy in carrying out financial terrorism. Defenders of the World Bank contend that no country is forced to borrow its money. The bank provides both loans and grants. Even the loans are concessional since they are given to countries that have no access to international capital markets . Furthermore,

6090-399: The largest gathering of world leaders in history, and it culminated in the adoption by all member states of the Millennium Development Goals (or MDGs), a commitment to achieve international development in areas such as poverty reduction , gender equality and public health . Progress towards these goals, which were to be met by 2015, was ultimately uneven. The 2005 World Summit reaffirmed

6177-463: The loans, both to poor and middle-income countries, are below market-value interest rates . The World Bank argues that it can help development more through loans than grants because money repaid on the loans can then be lent for other projects. Criticism was also expressed towards the IFC and MIGA and their way of evaluating the social and environmental impact of their projects. Critics state that even though IFC and MIGA have more of these standards than

6264-575: The number of organizations in which they participate: Non-members are Andorra , Cuba , Liechtenstein , Monaco , Palestine , the Holy See ( Vatican City ), Taiwan, and North Korea , of which Andorra is the only IMF member state did not join WBG. The Republic of China joined the World Bank on December 27, 1945. After the Chinese Civil War , the government fled to Taiwan and continued its membership in

6351-552: The oil, gas, and mining sectors, the World Bank in July 2001 launched an independent review called the Extractive Industries Review (EIR—not to be confused with Environmental Impact Report ). The review was headed by an "Eminent Person", Emil Salim (former Environment Minister of Indonesia). Salim held consultations with a wide range of stakeholders in 2002 and 2003. The EIR recommendations were published in January 2004 in

6438-455: The organization are five principal organs established by the UN Charter: the General Assembly , the Security Council , the Economic and Social Council , the International Court of Justice and the UN Secretariat . A sixth principal organ, the Trusteeship Council , suspended its operations on 1 November 1994 upon the independence of Palau ; the last remaining UN trustee territory. Four of

6525-497: The organization held its first public debate between candidates for secretary-general. On 1 January 2017, Portuguese diplomat António Guterres , who had previously served as the UN High Commissioner for Refugees , became the ninth secretary-general. Guterres has highlighted several key goals for his administration, including an emphasis on diplomacy for preventing conflicts, more effective peacekeeping efforts, and streamlining

6612-473: The organization to be more responsive and versatile to international needs. On 13 June 2019, the UN signed a Strategic Partnership Framework with the World Economic Forum in order to "jointly accelerate" the implementation of the 2030 Agenda for Sustainable Development . The United Nations is part of the broader UN System, which includes an extensive network of institutions and entities. Central to

6699-515: The plenary meetings. Previously, Churchill had urged Roosevelt to restore France to its status of a major power after the liberation of Paris in August 1944. The drafting of the Charter of the United Nations was completed over the following two months, and it was signed on 26 June 1945 by the representatives of the 50 countries. The UN officially came into existence on 24 October 1945, upon ratification of

6786-409: The poorest countries. Loans or grants for specific projects are often linked to wider policy changes in the sector or the country's economy as a whole. For example, a loan to improve coastal environmental management may be linked to the development of new environmental institutions at national and local levels and the implementation of new regulations to limit pollution. Furthermore, the World Bank Group

6873-540: The post, but over the years it has become accepted that the position shall be held for one or two terms of five years. The current secretary-general is António Guterres of Portugal, who replaced Ban Ki-moon in 2017. The International Court of Justice (or ICJ), sometimes known as the World Court, is the primary judicial organ of the UN. It is the successor to the Permanent Court of International Justice and occupies

6960-577: The post-war world. At the subsequent meeting of the Inter-Allied Council in London on 24 September 1941, the eight governments in exile of countries under Axis occupation , together with the Soviet Union and representatives of the Free French Forces , unanimously adopted adherence to the common principles of policy set forth by Britain and the United States. Roosevelt and Churchill met at

7047-548: The presence of Russian troops in Iranian Azerbaijan and British forces in Greece . British diplomat Gladwyn Jebb served as interim secretary-general. The General Assembly selected New York City as the site for the headquarters of the UN. Construction began on 14 September 1948 and the facility was completed on 9 October 1952. The Norwegian Foreign Minister, Trygve Lie , was the first elected UN secretary-general . Though

7134-518: The previous four decades. Between 1988 and 2000, the number of adopted Security Council resolutions more than doubled, and the peacekeeping budget increased by more than tenfold. The UN negotiated an end to the Salvadoran Civil War , launched a successful peacekeeping mission in Namibia , and oversaw democratic elections in post- apartheid South Africa and post- Khmer Rouge Cambodia. In 1991,

7221-403: The same for all countries but there are also additional votes that depend on financial contributions to the organization. The president of the World Bank is nominated by the president of the United States and elected by the bank's Board of Governors. As of 15 November 2009, the United States held 16.4% of total votes, Japan 7.9%, Germany 4.5%, the United Kingdom 4.3%, and France 4.3%. As changes to

7308-435: The so-called free market reform policies—which the bank advocates in many cases—in practice are often harmful to economic development if implemented badly, too quickly (" shock therapy "), in the wrong sequence, or in very weak, uncompetitive economies. World Bank loan agreements can also force procurements of goods and services at uncompetitive, non-free-market, prices. Other critical writers, such as John Perkins , label

7395-416: The widespread decolonization in the 1960s. Since then, 80 former colonies have gained independence, including 11 trust territories that had been monitored by the Trusteeship Council . By the 1970s, the UN's budget for economic and social development programmes vastly exceeded its spending on peacekeeping . After the end of the Cold War in 1991, the UN shifted and expanded its field operations, undertaking

7482-404: The world stage. The office has evolved into a dual role of an administrator of the UN organization and a diplomat and mediator addressing disputes between member states and finding consensus to global issues . The secretary-general is appointed by the General Assembly, after being recommended by the Security Council, where the permanent members have veto power. There are no specific criteria for

7569-447: Was re-elected on 8 June 2021. The organization is financed by assessed and voluntary contributions from its member states. The UN, its officers, and its agencies have won multiple Nobel Peace Prizes , although other evaluations of its effectiveness have been contentious. Some commentators believe the organization to be a leader in peace and human development, while others have criticized it for ineffectiveness, bias, and corruption . In

#420579