US seeks to weaken global development finance efforts, UN document shows

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Brussels/London: The United States is trying to weaken a global agreement that aims to help developing countries struggle with climate change and other issues, according to Reuters in an UN document.

The Trump administration opposes the draft reform of the world’s financial system, which aims to help developing countries, including tax, credit rating and subsidized fuel subsidy. It also wants to mention “climate”, “gender equality” and “stability”.

Earlier, the non -report document highlights how the Trump administration is trying to umprates the “United States First” agenda, which includes opposition to efforts to slow down climate change and promote diversity, at the center of global systematic crises.

Once upon a decade, a decade, the fourth international conference in Sevil, Spain in June, in June, in June, in June, in June, in June, in June. For example, countries agreed on FFD3, for example, to expand tax cooperation efforts so that developing countries could help set the rules and more than 140 countries were included by the last May.

“The conference is about the establishment of basic rules and regulations to bring the world leaders together and finance development goals over the next decade,” Tom Mitchell, Executive Director of the International Institute for Environment and Development, told Reuters.

Compiled by permanent representatives from the United Nations Mexico, Nepal, Norway and Zambia, with the help of the UN Secretariat, the draft of the April 11 talks has been described with 193 positions in the debate.

With the ongoing changes to the World Bank and the International Monetary Fund in the fight against climate change, the US Treasury Secretary Scott Basant is facing pushback, which shows that he is trying to eliminate further reform efforts.

In the specific points of the text that refer to the systematic reforms, the document shows that the United States wants to eliminate the “reform package” for sustainable development. He wants to change a line that promises “promise to reform the international financial architecture”, with its commitment to acknowledge the need to increase its elasticity and effectiveness in responding to current and future challenges and crises.

Such changes in the language indicate a degree of joint affiliation that can then be used as a support for future negotiations or inadequacy. “UN Secretary -General Antonio Guterres has acknowledged the need to overcome a number of challenges ahead of the conference, but he has” focused on resolving all countries on a table in Sevala, “spokesman Florensia Soto Nano told Reuters in an email. “

The White House and the Treasury Department did not respond to the comments requests. The State Department refused to comment.

Although Trump’s position on US development has been tightened, the negotiating document shows that he supports efforts that include working closely with the private sector, and promoting innovation and financial literacy. One of the main aims of global reform is to help poor countries deal with weather disasters, which are deteriorating due to climate change, and promote economic growth using low carbon energy instead of traditional foam fuel.

President Donald Trump has withdrawn the UN’s Paris climate agreement, as part of a government recovery led by billionaire Elon Kasturi, more than 80 percent of US foreign development aid, and has launched a trade war, which has led to many poor countries.

The FFD4 document sectors demanding countries seek “global solidarity levies” for the US Object, which could include tax on highly pollution activities or high -rich taxes to financing sustainable development.

If it is involved, Levies can be raised in the UN talks this year and will reinforce a task force headed by France, Kenya and Barbados, which aims to prepare such taxes in small groups of countries. Other countries objecting to other countries include Russia, Saudi Arabia and China.

The United States is also trying to delete a paragraph so that companies should be asked to pay taxes to countries where economic activity is taking place. A paragraph to help developing countries reinforce tax transparency; Documents show that fossil fuel is on phased subsidy.

Many poorest countries in the world struggle with more debt and destructive storms, but the FFD4 document shows that the United States wants to attack a paragraph about the reform of the credit rating system.