On behalf of the Government and people of the Commonwealth of the Bahamas, I convey my sincere congratulations on Mr. Ali Abdussalam Treki’s election to preside over the 47 09-52470 General Assembly at its sixty-fourth session. My delegation wishes to assure him of its full cooperation and support throughout this session. I would also like to take this opportunity to congratulate his predecessor, Father Miguel d’Escoto Brockmann, on his stewardship of the sixty-third session. The current global financial and economic crisis, possibly the worst since the Great Depression, threatens to negate all that we have achieved thus far on our development agenda, at both the national and the international levels. This threat was acknowledged at the High-Level Event on the Millennium Development Goals (MDGs) in September 2008. The scenario is no better today. The fallout for the Bahamas has been considerable. Ours is a very small, open economy that is closely linked to the performance of most developed economies. Tourism matters in the Bahamas; it is our primary industry and it affects all aspects of economic life in our country. We are in the midst of arguably one of the most difficult tourism seasons on record. Visitor arrivals are down, hotel occupancies are down and revenues earned from tourism are down. Unemployment has sharply increased. The continued economic uncertainty means that unemployment will pose a problem until the global economy is stabilized and returns to growth. In this regard, we are heartened by some of the signs of global economic recovery. The Government of the Bahamas acted quickly to soften the impact of the international economic downturn on our population. We took appropriate steps to ensure the continued integrity of our domestic fiscal and financial system; we accelerated planned capital works to generate employment and economic activity; and we increased targeted social relief for those most disadvantaged by the crisis. In implementing these policies and programmes, the Government exercised appropriate fiscal restraint, so as to ensure sustainability in the long term as well as the medium term and to encourage and ensure that the economy would be well placed to respond swiftly to any upturn in the global economy. The Bahamas believes that it is critically important to global financial health that actions taken at the national level be complemented by appropriate international responses. This year the General Assembly will consider the scale of assessments for the apportionment of the expenses of the United Nations for the period 2010- 2012, as well as the scale of assessments for the apportionment of the expenses of United Nations peacekeeping operations. The Bahamas takes this opportunity to reiterate its long-standing position that per capita gross national income (GNI) should not be given undue weight in determining capacity to pay, as it often leads to distortions. Nowhere is this distortion more visible than in the case of the scale of assessments for peacekeeping operations. The current scales place the Bahamas, a small developing island nation, in the same category as the most developed economies in the world, with the exception of the permanent members of the Security Council. This unjust formula creates an onerous burden, and we call upon this body to address the inequity, which seriously undermines the development objectives of the Bahamas, as well as other developing countries. Clearly the GNI criterion does not properly reflect either the vulnerability of our economy or the extraordinary costs associated with the duplication of infrastructure required by our archipelagic configuration. Yet, despite our vulnerabilities, we have never wavered in our responsibilities as a fully fledged member of the international community and will continue to meet our obligations to the United Nations in the manner prescribed and agreed. While my Government is committed to paying its assessed contributions in a full and timely manner, we believe that the proposed scale of assessments is unfair and unduly burdensome to countries such as the Bahamas, and should therefore be reconsidered and adjusted, taking into account those considerations that reflect our vulnerabilities. Climate change presents acute challenges for small island developing States such as the Bahamas, and we are certainly vulnerable to its impact. One of the major consequences of climate change for the Bahamas has been the increase in the number, frequency and ferocity of the hurricanes affecting our country and region over the last two decades. Restoration and recovery efforts required as a result of these extreme events have taken a toll amounting to hundreds of millions of dollars over the past decade alone, diverting scarce resources from other critically important national development programmes and compromising our efforts at sustainable development. Hence, we have a special interest not only in actions taken to mitigate the adverse impacts of climate change but also in measures designed to slow — 09-52470 48 indeed, to reverse — actions that negatively affect climate. As a founding member of the Alliance of Small Island States, the Bahamas has joined with many like-minded States in our region and around the world in calling for a global agreement in Copenhagen, with legally binding targets, that will permit us to achieve the ultimate objectives of the United Nations Framework Convention on Climate Change. The Bahamas is cognizant that the responsibility for climate change does not rest with developed countries alone. Within our limited capabilities, we have undertaken a number of appropriate actions, highlighted during the High-Level Event, in order to increase our resistance to the adverse impacts of climate change. But it is also important that initiatives undertaken in the quest for environmental protection do not cause greater harm than good. For example, the introduction of an air-passenger levy will damage our already weakened tourism industry, the industry that is our economic lifeline. The proposed marine bunkering levies or taxes are likely to have a similar negative impact on our maritime registry’s cost competitiveness. Such supposedly well-intentioned environmental initiatives come at a time when resources available for adaptation are not readily available to small island developing States like the Bahamas. As an archipelagic nation, the Bahamas faces particular challenges in the area of maritime safety and security. My Government has committed tremendous financial and technical resources to combat illicit trafficking of drugs and weapons; illegal, unreported and unregulated fishing and human smuggling, and underscores the need for effective cooperation and coordination among States, as well as the development of innovative approaches to resolve those issues and complement national efforts. The Bahamas welcomes the constructive engagement of the United Nations and the International Maritime Organization in addressing the issue of piracy. As the country with the world’s third largest ship registry, the Bahamas will continue to engage with its partners in the international community to ensure the safety and security of international shipping. Haiti is a near neighbour and a member of our Caribbean Community (CARICOM). The Bahamas and the Caribbean Community States are committed to Haiti’s stabilization and to its political and economic development in the short and long terms. This cannot be achieved without sustained support from the international community. The Bahamas is therefore heartened by the United Nations active and sustained engagement in Haiti over the past four and a half years, through the work of the United Nations Stabilization Mission in Haiti. We share the hope of the Secretary- General that Haiti is moving away from a history of conflict towards a future of peaceful and sustainable development. We call on the Security Council to further extend the mandate of the United Nations Stabilization Mission in Haiti beyond 15 October 2009, as recommended by the Secretary-General. We are also hopeful that the recent appointment of former United States President Bill Clinton as the Secretary-General’s Special Envoy for Haiti will help to keep the issues affecting Haiti at the forefront of the agenda of the national and international community. The Security Council meeting on Haiti earlier this month was certainly most welcome in this regard. An increased level of criminal activity is creating new challenges for the Bahamas — a phenomenon shared with other countries in our region. We continue to implement national and regional anti-crime initiatives to combat this scourge, which undermines our economies and, indeed, affects our social stability. Illicit trafficking in narcotic drugs and small arms and light weapons are major contributing factors to this phenomenon. The Bahamas — as many are aware — is not a producer of illicit drugs; neither the Bahamas nor the other States members of CARICOM are manufacturers or suppliers of small arms and light weapons. Yet, illicit drugs and light weapons account overwhelmingly for the amount of crime in our societies. A disproportionate amount of our scarce budgetary resources are dedicated to fighting illicit drug and light arms trafficking through our territory and in dealing with the terrible fallout in our communities. The Bahamas is fully committed to enhancing regional and international cooperation in the area of peace and security. We are pleased that the United Nations Office on Drugs and Crime has agreed to re-engage with the Caribbean region to support the fight against the crime and violence that today mar our societies. In closing, my delegation wishes to state that the current economic crisis dramatically demonstrates the interdependence of the economies of the world. This in 49 09-52470 turn shows the critically important role which organizations like the United Nations can play in facilitating dialogue and crafting creative solutions to global problems. As we continue to face these unprecedented global challenges, the Bahamas reaffirms its commitment to engaging fully and constructively with its partners in the international community to find collective solutions to the challenges which confront all of us.