I begin by joining my colleague Heads of State in congratulating Mr. Ali Treki on his well-deserved election as the President of the General Assembly at its sixty-fourth session. I would also like to take this opportunity to thank His Excellency Miguel d’Escoto Brockmann for his effective stewardship of the sixty-third session and to salute Secretary-General Ban Ki-moon for his tireless efforts to promote global peace, security and development. It is an internationally accepted fact that we are in a period characterized by unprecedented crisis. Crises related to basic human needs such as food, water and energy are contributing to great distress and hardship in every region of our world and precipitating an escalation in poverty, which we in the United Nations had committed to halve at the beginning of this decade. These crises have the potential to bring great social and political instability to many regions. The sheer complexity of these matters and their connectivity with human development make the task of addressing them very daunting. The progress made by the international community in this respect must be noted. However, we must all be mindful that whatever the perceived impact or fallout experienced by the economies of the world, the citizens of the small vulnerable States among us will be the worst hit, and therefore they continue to warrant the special attention of this body. The United Nations Conference on the World Financial and Economic Crisis and Its Impact on Development, which convened last June in this Hall, brought renewed international attention to the magnitude of this crisis. The outcome document (resolution 63/303, annex) confirmed, and further emphasizes, that the crisis has had a particularly negative effect on developing countries such as Dominica. The irony is that though severely affected by the crisis, our countries had absolutely no relationship or contribution to its cause. It also threatens the realization of the Millennium Development goals. In the Caribbean it is estimated that the impact of the crisis has created the worst set of economic circumstances since the era of independence of the countries of the region, bringing with it depressed commodity prices, a decline in agricultural export earnings, contraction of tourism revenues, retreating foreign direct investment, decreased access to external financing and declining remittances, among others. At the regional level the Governments of the Caribbean Community (CARICOM) are addressing the impacts of the crisis through the establishment in July of a task force that will allow the member States, along with the heads of our regional financial institutions, to facilitate the mobilization of funds and present a core set of proposals for dealing with this crisis. Our Heads of Government have also agreed to the institution of a programme of collective enhancement of our financial services sector through improved national regulatory and supervisory systems, and also through rationalization and consolidation to ensure safety, soundness and stability in that sector. We concur with the call for the strengthening of institutional arrangements for international cooperation in tax matters. Furthermore, we endorse the recommendation of the Conference of the CARICOM Heads of State for consistent and non-discriminatory implementation of transparency requirements and international standards for exchange of information. We believe that in order to adapt to the adverse impact of the financial crisis it is crucial that small island developing States and less developed countries receive the following: one, speedy implementation of the decisions of the Conference; two, assistance to facilitate economic diversification while responding to the crisis and the negative impact of climate change; three, fiscal support in view of already high debt burdens; four, practical assistance from United Nations agencies through a compact framework; and five, stimulus funds to be made available by bilateral and multilateral entities. 09-52463 24 With the onset of the financial crisis, there is now a wrong perception that the food crisis is over. Food insecurity continues unabated around the world, and it is estimated that more than a billion people go to bed hungry every night. This is both unacceptable and unsustainable. The creation of the United Nations system high-level Task Force on Global Food Security was a timely and welcome initiative of the Secretary- General and the Director-General of the Food and Agriculture Organization. Increasing investments in agriculture in the developing nations is critical to addressing the food crisis. We therefore welcome the Group of Eight pledge of $15 billion over the next three years for enhancing food security, but we warn that the desired objective may not be achieved if harmful subsidies in agriculture continue to prevail in the developed countries. Completion of the Doha Development Agenda negotiations at the World Trade Organization takes on renewed importance as we seek solutions to the global financial crisis. An appropriate trade environment for a sustainable recovery for all is highly desirable. It is in that spirit that we must renew our commitment to re-engage in the Doha negotiations with the declared objective of concluding them in 2010. The status quo has served only to further marginalize small and vulnerable States and has led to the almost total collapse of some of our major industries, including sugar and bananas, which provided the livelihoods of numerous farming families and communities. Our Governments continue the struggle to develop their economies in the absence of the much-needed foreign exchange that those industries generated. Increasing the competitiveness of developing countries and their effective participation in world trade underscores that Aid for Trade as a new and independent source of development financing must be at the centre of the trade and development agenda. Climate change has emerged as one of the leading challenges of our generation. If it is not arrested and sufficiently managed, its adverse impact has the potential to undermine human security and the social and economic stability of all nations. All around us we see evidence of escalating climate change in the form of severe weather, floods, drought, devastating hurricanes and cyclones and rising sea levels. Small island developing States are most vulnerable to the negative impact of climate change. As a consequence, we find our countries in the front line of this monumental challenge to humanity. In Dominica and several of the sister islands of the Caribbean, situated as we are in the hurricane belt, there have been and will continue to be an almost annual cycle of considerable damage to houses, roads, coastlines and other infrastructure. For many of our countries there is a constant struggle to achieve economic development and a higher quality of life for our people, only to find ourselves experiencing these heavy losses and having routinely to start all over again. As global preparations for the critical Copenhagen conference continue, the urgency to act to address climate change has increased. What has long been pointed out by the scientists has now been confirmed by those whose unsustainable production has precipitated an Earth crisis, which must be addressed if our planet is to survive. The General Assembly, in its resolution 63/281 of 3 June this year, recognized the security implications of climate change as an additional dimension of the crisis. That is clearly evident for many small island States whose viability and very existence are threatened by conditions such as the rising sea levels. Dominica is at the forefront of nature conservation. Upon attaining political independence in 1978, our country was aptly dubbed the “Nature Island of the Caribbean” in view of our unwavering commitment to the management and conservation of our abundant biodiversity, extensive national parks system, rich forest resources, mountain ranges, fresh water resources and a pure marine environment. At the World Summit on Sustainable Development held in Johannesburg in September 2002, the then Prime Minister of Dominica, the Honourable Pierre Charles, proclaimed our country as the “Nature Island of the World”. Today in the presence of the world gathering in this body, I announce Dominica’s intention to make our country a model for sustainable development. A cordial invitation is extended to the international community to contribute to this noble venture. Dominica continues to work closely within the framework of small island States to continue to bring our perspective, as climate change front-line States, to the negotiating table. We are contributing to a solution to the effects of climate change by pursuing measures at the national level to promote energy efficiency, reduce the consumption of fossil fuels and develop our 25 09-52463 geothermal potential for national energy needs, as well as for the possible export of clean energy to our neighbours, in the first instance to the French overseas Departments of Guadeloupe and Martinique. Dominica is already generating 40 per cent of its electricity by hydropower. We are at an advanced stage of geothermal energy development, which by 2015 should enable us to reach the target of 100 per cent electricity generation by renewable energy. We express our gratitude to France and the European Union for their commendable cooperation towards the shift to renewable energy. Dominica is therefore encouraged by the many expressions of support for a successful outcome of the Copenhagen meeting made by world leaders at the high-level Summit on Climate Change held a few days ago in this Hall. There is an urgent need for a greater demonstration of political will in this regard. I therefore urge every Head of State or Government to seize the moment to reach an agreement that will protect the inhabitants of this planet from one of the most serious challenges ever to confront humanity. Dominica remains concerned about the current economic situation in our sister island of Haiti. We recognize the important role of the United Nations Stabilization Mission in Haiti (MINUSTAH) in ensuring the stability of that country. We commend all troop-contributing States for their engagement in Haiti, and we appreciate the support of the Security Council in extending the mandate of the Mission. Haiti needs considerable development assistance in order to consolidate the stability that MINUSTAH’s presence has fostered and to ensure the success of the peacebuilding process. In this regard, we endorse and applaud the decision of the Secretary-General to appoint former United States President Clinton as Special Envoy for Haiti. We hope that this appointment will advance the cause of rebuilding that country. Dominica, through its actions and also through CARICOM, will continue to do all in its power to advance the quality of life of the Haitian people. Central to my country’s development thrust is a particular focus on the advancement of our indigenous people. Consistent with this priority of the United Nations, we support the continued and expanded efforts of the Permanent Forum on Indigenous Issues in the implementation of the measures contained in its recommendations. In this connection, we welcome the recommendations of the eighth session of the Permanent Forum on indigenous women, the economic development and human rights of indigenous peoples, and specific actions in relation to the Arctic region. Dominica has undertaken and continues to undertake important initiatives to improve the social development of our indigenous people. We come together every year in the general debate in a true spirit of common resolve and partnership. This common resolve and partnership must assume greater meaning this year because the tasks before the international community are enormous and necessitate collective action. However challenging may be the efforts towards their solution, it seems evident that only genuine global cooperation and concerted multilateral action have the possibility of yielding favourable results. But committed multilateral action in the face of these crises has so far proved to be elusive. A greater demonstration of political will should ensure multilateral action in confronting these crises, as it is an absolute necessity for the survival of this planet. I take this opportunity to recognize all the countries and organizations that have assisted Dominica and the more vulnerable States in our development thrust. Particular reference must be made to those developing countries which, while dealing with their own domestic challenges, have extended a true fraternal hand of friendship. To all, we express our most sincere gratitude. We also reiterate the call of this General Assembly for an end of the United States embargo against the Republic of Cuba and look forward to an early date for its removal. Finally, as we chart a most progressive development course for our future, we should ensure that it includes the full implementation of the recommendations emanating from the Conference on the World Financial and Economic Crisis and Its Impact on Development. We should also make every effort to leave Copenhagen with a framework for a firm commitment and a sound climate agreement that will protect the inhabitants of this planet, particularly the most vulnerable, from one of the most serious challenges ever to confront humanity.