With this landmark resolution, the General Assembly avoided the imminent financial collapse of the Ä¢¹½ÊÓƵ and modernized an outdated 75-year-old financial rule that has, for too long, undermined the Organization’s financial stability.
This decision also sends a broader message that in fragmented times, Member States of the Ä¢¹½ÊÓƵ General Assembly can come together to take decisive action.
The consequences of this resolution are not theoretical, especially for peacekeeping. Given the liquidity crisis, peacekeeping operations were already dramatically reduced. With the decision taken today the over $900 million for peacekeeping operations that will not have to be credited to Member States will help protect civilians, monitor and maintain ceasefires, and advance solutions for lasting peace. The $400 million for the regular budget that will not be credited means the Ä¢¹½ÊÓƵ will avoid having to shutter parts of headquarters next year.
While this is an important step in the reform process after strong calls by Secretary-General Ant¨®nio Guterres and me as President of the General Assembly over many months, this important reform does not solve the underlying problem of Member States not meeting their financial obligations on time and in full.? Reform alone cannot succeed without the sustained financial commitment of Member States. We cannot expect the Organization to deliver ever more if Member States withhold the financial contributions needed to implement the very mandates they have collectively approved under budgets that they adopted.
*?The adoption of this resolution comes after a decade-long debate, and as recently as the 79th?Ä¢¹½ÊÓƵGA session Member States could not agree on this important change. The adopted resolution will take effect 1 July 2026 for a trial period of four years.