Criteria Governing Multilateral Financing of Housing and Human Settlements

A/RES/2998(XXVII)View PDF

Who adopted this document and its mandates?

A Resolution of the General Assembly, published in 1973.

What subjects does this mandate have?

4 subjects

Bank Loans Development Assistance Housing Human Settlements

What’s in this document?

5 operative paragraphs

Having considered the report of the United Nations Conference on the Human Environment,45

Recalling its reso!utions 1393 (XIV) of 20 November 1959, 1508 (XV) of 12 December 1960, 1676

(XVI) of 18 December 1961, 1917 (XVIII) of 5 Deccmber 1963, 2036 (XX) of 7 December 1965, 2598 (XXIV) of 16 Deccmber 1969, 2626 (XXV) of 24 October 1970 and 2718 (XXV) of 15 December 1970,

Recalling also Economic and Social Council resolution 1170 (XLI) of 5 August 1966,

Mindful of the aims expressed in the Preamble of the Charter of the United Nations to employ international machinery for the promotion of the economic and social advancement of ali peoples, as well as in Articles 55 and 56 of the Charter,

Taking into account the World Plan of Action far the Application of Science and Technology to Development, 46

Considering the important role assigned to housing as part of the lnternational Development Strategy for the Second United Nations Development Decade, 47

Further recalling resolution 2718 (XXV) in which the General Assembly set out broad directions and measures essential for the improvement of human settlemcnts,

Noting the report of the Secretary-General entitled Proposals for Action on Finance for Housing, Building and Plamzing, 48

Taking into account the annual report of the International Bank for Reconstruction and Development for 1970.4n in which the Bank, inter alia, considered that priority should be givcn to housing and human settlements,

Taking note of the policy statement on urbanization of 1972 of the International Bank for Reconstruction

H See A/8965.

4;, A/CONF.48/14 and Corr.1.

and Development, which, inter alia, reaffirms the important role of housing and human settlements in overa11 national development,

Further taking rwte of the recognition by the International Bank far Reconstruction and Development of the necd to establish appropriate national finance institutions to mobilize domestic capital to finance these activities,

Reaffirming in particular recommendations 1, 15, 16 and 17 of the Action Plan for the Human Environment"º adopted by the United Nations Conference on thc Human Environment,

Recommends that all dcvelopment assistance agencies such as the United Nations Development Programmc and the International Bank for Reconstruction ancl Developmcnt should in their development assistance activitics also give high priority to requcsts from Governmcnts far assistance in housing ancl human settlements;

Recommends that, in its lending policies in this sector, the Jnternational Bank for Reconstruction and Development should provide funds on terms and conditions which fully reflect the unique nature and characteristics of housing and related investments.

Recommends that in establishing criteria for eligibility for loans under more favourable terms and conditions the Intcrnational Bank for Reconstruction and Development should take into account, in addition to economic and monetary criteria, such critica! socioeconomic factors as levels of unemployment, rates of urban growth, population density, and the general condition of the housing stock in the developing countries;

Further recommends that as a matter of priority the International Bank for Reconstruction and Development, in agreement with requesting Governments, should implement its stated policy of providing seed capital loans on favourable terms, taking into account the recommendations in paragraph 3 above, for the establishment of domestic financia! institutions and organizations to mobilize and allocate capital for housing and related investments;

Requests the Secrctary-General to report to the General Assembly at its twenty-eighth session on the implementation of the present resolution.

At its 2112th plenary meeting, on 15 December 1972, the General Assembly, in pursuance of section 1, paragraph 1, of the above resolution, elected the fifty-eight members of the Governing Council of the United Nations Environment Programme.

The following States were elected: ARGENTINA, AUSTRALIA, AUSTRIA,

BRAZIL,

BURUNDI,

CAMEROON,

CANADA,

CENTRAL AFRICAN REPUBLIC, CHILE, CHINA, CZECHOSLOVAKIA, FRANCE, GABON, GERMAN DEMOCRATIC REPUBLIC, ÜERMANY, FEDERAL REPUBLIC OF, GHANA, GUATEMALA, ICELAND, INDIA, INDONE-

SIA,

IRAN,

IRAQ,

ITALY,

JAMAICA,

JAPAN,

JORDAN,

KENYA, KUWAIT, LEBANON, MADAGASCAR, MALAWI, MEXICO, MOROC- CO, NETilERLANDS, NICARAGUA, NIGERIA, PAKISTAN, PANAMA, PERU, PHILIPPINES, POLAND, ROMANIA, SENEGAL, SIERRA LEO- NE,

SOMALIA, SPAIN,

SRI LANKA,

SUDAN,

SWEDEN, SYRIAN ARAB REPUBLIC, TuNISIA, TURKEY, UNION OF SOVIET SocIALIST REPUBLICS, UNITED KINGDOM OF GREAT BRITAIN AND NORTH-

ERN IRELAND, UNITED REPUBL!C OF TANZANIA, UNITED STATES OF AMERICA, VENEZUELA and YUGOSLAVIA.

The General Assembly then selected by the drawing of lots the members of the Governing Council to serve for three years, for two years and for one year.

As a result of the above election, the composition of the Governing Council of the United Nations Environment Programme for 1973 will be as follows: ARGENTINA,* AUSTRA- LIA,*** AUSTRIA,** BRAZIL,** BURUNDI,*** CAMEROON,** CANADA,* CENTRAL AFRICAN REPUBLIC,*** CHILE,*** CHINA,* CZECHOSLOVAKIA,* FRANCE,* GABON,* ÜERMAN DEMO- CRATIC REPUBLIC,*** GERMANY, FEDERAL REPUBLIC OF,** GHANA,* GUATEMALA,"' ICELAND,** INDIA,**,

INDONESIA,* JRAN,** IRAQ,*** ITALY,** JAMAICA,* JAPAN,** JORDAN,**''' KENYA,** KUWAIT,** LEBANON,* MADAGASCAR,*** MALAWI,** MEXICO,*** MOROCCO,* NETHERLANDS,*** NICARAGUA,*** NIGERIA,*** PAKISTAN,*** PANAMA,*** PERU,** PIDLIPPINES,* Resolutions adoptcd on the reports of the Sccond Committce

POLAND,*** ROMANIA,** SENEGAL,"'** SIERRA LEONE,* So- MALIA,** SPAIN,* SRI LANKA,*** SUDAN,* SWEDEN,* SYRIAN ARAB REPUBLIC,* TUNISIA,** TURKEY,*** UNION OF SOVIET SoCIALIST REPUBLICS, * * UNITED KINGDOM OF GREAT BRITAIN AND N ORTHERN IRELAND, * * * UNITED REPUBLIC OF TANZA- NIA,*''* UNITED STATES OF AMERICA,** VENEZUELA** and YUGOSLAVIA.*

Term of ofnce expires on 31 December 1973.

Term of office expires on 31 December 1974.

Term of office expires on 31 December 1975.

At 1/ie same meeting, Íll pursuance o/ scction 11, paragraph :!, o/ the above resolution, the General Assembly, 011 the 11omi11atio11 o/ the Secretary-Gcnera/,44 elected Mr. Maurice F. SrRONG Executive Director of the United Nations Em·ironment Programme.

46 United Nations publication, Sales No.: E.71.11.A.18.

H Resolution 2626 (XXV).

18 United Nations publication, Sales No.: E.73.IV.4.

19 International Bank for Reconstruction and Development- International Developmcnt Association, Annual Report, 197() (Washington, D.r'.).

G<•neral Assembly-Twenty-si,venth Session

,,2 United Nations publication, Sales No.: E.73.IV.4.

r.3 See A/CONF.48/14 and Corr.1, chap. IT. 50 See A/CONF.48/ 14 and Corr.1, chap. 11.

~.4 A/CONF.48/ 14 and Corr.1.

,,5 /bid., chap. II.

Who adopted this document and its mandates?

What subjects does this mandate have?

What’s in this document?

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