NewsNet
NewsNet 19 Oct 2020

It's Now or (Much) Later for COVID Stimulus Package to Pass

Description:

The deadline for a COVID relief package being put through to congress and enacted prior to the election is now less than 24 hours out, according to House Speaker Nancy Pelosi in a Dear Colleague Letter written on Sunday.


Presidnet Trump predicts a "tremendous stimulus package" for COVID-19 relief will pass after the election.
With small businesses accounting for nearly half of all jobs in the U.S., many business owners are continuing the struggle during the pandemic.
Noon briefing by Stéphane Dujarric, Spokesperson for the Secretary-General.

Highlights:
- Paris Peace Forum
- Finance In Common Summit
- G77
- Deputy Secretary-General
- Ethiopia
- Libya
- Central America
- Cambodia
- Philippines
- COVID-19/Kazakhstan
- COVID-19/Maritime Trade
- Saudi Arabia
- Central African Republic/Elections


PARIS PEACE FORUM
The Secretary-General spoke to a high-level session of the Paris Peace Forum this morning, during which he renewed his call for action on climate. 
He noted encouraging steps, saying that early next year, countries representing more than 65% of global CO2 emissions, and more than 70% of the world economy, will have made ambitious carbon neutrality commitments. 
Climate action is part of a broader vision to protect our planet, he said, and in particular, biodiversity. 
As we face the COVID-19 pandemic, the Secretary-General said that we must not forget that about three quarters of new infectious diseases are zoonotic. By destroying the ecosystems, he added, we weaken the biological barriers that keep these viruses at bay and we ourselves weaken our coping skills. 
He called for the integration of climate and environmental action into stimulus packages to rebuild sustainable and inclusive economies and societies.
FINANCE IN COMMON SUMMIT
The Secretary-General spoke by video message to the Finance in Common Summit, one of the main events of this year's Paris Peace Forum.
He said public development banks are uniquely positioned to play a leading role in the world's transformation towards carbon neutrality.  He added that they can also help build the foundations of a new economy, fit for the 21st century. 
The Secretary-General said that he counts on public development banks to come to the Climate Ambition Summit in December, and COP 26 next year, with concrete plans to realize our vision for a carbon-neutral, resilient, inclusive and sustainable world.
G77
The Secretary-General spoke this morning at the annual ministerial meeting of the Group of 77 developing states.  He said that we are at a historic moment as we face the greatest test of global solidarity in generations.  
He said that the COVID-19 pandemic continues to inflict unprecedented harm on people, societies and economies around the world. But he added that within this crisis lies an opportunity - a chance to embark on a path to revive economies, ensure gender equality, protect our planet and achieve the Sustainable Development Goals by 2030.    
The United Nations, he said, is calling for a transformative response and recovery, based on unity and solidarity.   The 2030 Agenda for Sustainable Development, the Addis Ababa Action Agenda, the Paris Agreement and the Sendai Framework remain our guiding lights. He added that they must be at the heart of all national and global response and recovery efforts.    
The Secretary-General also expressed his hope that 2021 will be year we are able to forge a global alliance for carbon neutrality.
American tourists are finding themselves stranded in Cancun, Mexico, with hotels and other facilities turned into temporary shelters to weather the storm that Hurricane Delta is bringing in. With many flights cancelled, tourists are hunkering down. Jessica Berardi from Chicago spoke to Inside Edition from the jam-packed convention center at the Hard Rock Hotel. There is concern the storm has created a perfect condition inside shelters for COVID-19 hotspots to emerge.

Share Video:

Embed Video: