Statement by Nikhil Seth, Director, Office for Ecosoc Support and Coordination, Undesa, at an Informal Meeting of the General Assembly on Strengthening the System-wide Funding Architecture of Un Operational Activities for Development

Governance at both intergovernmental and UN system level includes oversight of funding volume, modalities and mechanisms. Thus the recommendation to improve governance will ipso facto include oversight of funding modalities and mechanisms. This will be true at the level of the GA, ECOSOC, the Executive Boards and other governance structures. Moreover, agreements reached by the GA on funding will be assessed and reviewed in the GA/ECOSOC context.