Economic and Financial Committee ECOFIN
TOPIC A Empowering Women through New Forms of Finance
DELEGATION SIZE Double
EXECUTIVES
- Neha Sadasivan (she/her)
- Shweta Nanda (she/her)
The Economic and Financial Committee (ECOFIN), is the Second Committee of the UN General Assembly focused on economic and financial issues. In this committee, delegates will be focused on discussing the economic state of their country and of the world, specifically through analysis of member state economic policies, economic growth and stability, and global financial issues. In addition to its work within the UN, ECOFIN also collaborates with other international organizations such as the International Monetary Fund and the World Bank to support global economic development.
In this committee, delegates will be focused on the topic of Empowering Women through New Forms of Finance. While this is a nebulous topic, delegates will be encouraged to focus on some specific issue areas–financial literacy, cryptocurrency, microloans, and technological access. Financial literacy programs for women can provide access to resources and knowledge necessary for managing finances and building wealth. Cryptocurrency can provide an alternative to traditional financial systems, offering greater financial privacy and security, especially important for women in countries where transactions may be monitored or controlled by the government. Microloans can be used to empower women, especially in developing countries, where they may have limited access to traditional credit or face discrimination. Technological access is another important issue area within the topic of empowering women through new forms of finance, as women in developing countries often have limited access to technology, which can hinder their ability to take advantage of financial resources and opportunities. Ultimately, empowering women through finance can promote greater gender equality and support sustainable economic development.
Delegates should note that ECOFIN will be the only single topic GA committee at MUNUC 36. As you consider and discuss the challenges presented by the topic of Empowering Women through New Forms of Finance, bear in mind the unequivocal necessity for multilateral collaboration and a wide variance of perspectives for effective resolutions to be passed. The expansive nature of this topic will require inventive and unconventional solutions, tackling not only short-term economic issues, but also the long-term impact on the economic wellbeing of women across the globe.
Committee Members
United States
Afghanistan
Albania
Algeria
Andorra
Angola
Anguilla
Antigua and Barbuda
Argentina
Armenia
Australia
Austria
Azerbaijan
Bahamas
Bahrain
Bangladesh
Barbados
Belarus
Belgium
Belize
Benin
Bhutan
Bolivia, Plurinational State of
Bosnia and Herzegovina
Botswana
Brazil
Brunei Darussalam
Bulgaria
Burkina Faso
Burundi
Cambodia
Cameroon
Canada
Cape Verde
Central African Republic
Chad
Chile
China
Colombia
Comoros
Congo
Congo, the Democratic Republic of the
Costa Rica
Cote d'Ivoire
Croatia
Cuba
Cyprus
Czech Republic
Denmark
Djibouti
Dominica
Dominican Republic
Ecuador
Egypt
El Salvador
Equatorial Guinea
Eritrea
Estonia
Ethiopia
Fiji
Finland
France
Gabon
Gambia
Georgia
Germany
Ghana
Greece
Grenada
Guatemala
Guinea
Guinea-Bissau
Guyana
Haiti
Holy See (Vatican City State)
Honduras
Hungary
Iceland
India
Indonesia
Iran, Islamic Republic of
Iraq
Ireland
Israel
Italy
Jamaica
Japan
Jordan
Kazakhstan
Kenya
Kiribati
Korea, Democratic People's Republic of
Korea, Republic of
Kuwait
Kyrgyzstan
Lao People's Democratic Republic
Latvia
Lebanon
Lesotho
Liberia
Libya
Liechtenstein
Lithuania
Luxembourg
Macedonia, the Former Yugoslav Republic of
Madagascar
Malawi
Malaysia
Maldives
Mali
Malta
Marshall Islands
Mauritania
Mauritius
Mexico
Micronesia, Federated States of
Moldova, Republic of
Monaco
Mongolia
Montenegro
Morocco
Mozambique
Myanmar
Namibia
Nauru
Nepal
Netherlands
New Zealand
Nicaragua
Niger
Nigeria
Norway
Oman
Pakistan
Palau
Peru
Panama
Papua New Guinea
Paraguay
Philippines
Poland
Portugal
Qatar
Romania
Russian Federation
Rwanda
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines
Samoa
San Marino
Sao Tome and Principe
Saudi Arabia
Senegal
Serbia
Seychelles
Sierra Leone
Singapore
Slovakia
Slovenia
Solomon Islands
Somalia
South Africa
South Sudan
Spain
Sri Lanka
Sudan
Suriname
Swaziland
Sweden
Switzerland
Syrian Arab Republic
Tajikistan
Tanzania, United Republic of
Thailand
Timor-Leste
Togo
Tonga
Trinidad and Tobago
Tunisia
Turkey
Turkmenistan
Tuvalu
Uganda
Ukraine
United Arab Emirates
United Kingdom
Uruguay
Uzbekistan
Vanuatu
Venezuela, Bolivarian Republic of
Vietnam
Yemen
Zambia
Zimbabwe