The United Nations Addresses Global Poverty

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World leaders gather at the United Nations -- where tackling global poverty is high on the agenda.

World leaders gather at the United Nations Monday where tackling global poverty is high on the agenda.

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[Ban Ki-Moon, U.N. Secretary General]:
"The clock is ticking."

The eight goals in the Millennium Challenge include eradicating extreme poverty and hunger, achieving universal primary education and combatting HIV/AIDS, malaria and other diseases.

French President Nicolas Sarkozy responded to the call saying France will increase its contribution by 20 percent to help the UN achieve its Goals.

Nicolas Sarkozy, French President]: (French)
"I shall express my belief that although all the developed countries are suffering from deficits they must find new sources to finance the struggle against poverty for education and to resolve the major health problems facing Africa. Innovative financing, taxing financial transactions, these are things we can take a decision on here. Why should we wait? Finance has been globalized but for what? Why should we not ask finance, money to participate in stabilizing the world."

Bolivian President Evo Morales focused on Southern unity as a way of achieving development goals citing a UN report that he said shows developing countries have transferred billions more to developed countries than the wealthy nations have sent to the poorer countries in recent years.

[Evo Morales, Bolivian President]: (Spanish)
"If we wish to make progress, it is our obligation to reach the Millennium Development Goals, and in order to reach these goals, the South has to stop financing the North. This millennium should see the closure of the open veins of the South that are bleeding towards the North."

The World Bank says Millennium Challenge goal of cutting the poverty rate in half appears well within reach by 2015.

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