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Yearbook of the United Nations 2003

image of Yearbook of the United Nations 2003

This unique publication, the fifty-seventh volume of the Yearbook of the United Nations, chronicles all the major activities undertaken in the United Nations system in the year 2003. Some of the issues faced in that particularly challenging year include the rift in the Security Council over the use of force by a United States-led coalition against Iraq because of its alleged retention of banned weapons of mass destruction, the terrorist attack on the Organization’s headquarters in Baghdad, the establishment by the Secretary-General of the High-level Panel on Threats, Challenges and Change, and the Security Council’s adoption of a declaration on combating terrorism.

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International Finance Corporation (IFC)

The International Finance Corporation (IFC), part of the World Bank Group, continued in fiscal 2003 (1 July 2002-30 June 2003) to promote sustainable growth in developing countries by financing private sector investments, helping to mobilize capital in the international financial markets and providing technical assistance and advice to Governments and businesses. To address the environmental and social consequences of development, IFC made sustainability a top priority in its investment and advisory activities.

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