FINANCING

CLIMATE & ELDERLY CARE

ECONOMIC & FINANCIAL COMMITTEE

Established in 1945, the Economic and Financial Committee stands strong as one of the 5 major pillars of the United Nations General Assembly. It is the committee responsible for the promotion of economic growth and proposes ideas to combat complex issues like inflation, economic growth and development, along with other components of global macroeconomic policy. Delegates will participate in a simulation of the 80th session of ECOFIN, with 2 primary topics that need to be addressed. First, the contentious issue of climate financing. As climate change begins to ravage several nations, with economic impacts starting to show, many developing countries have called for support financially to mitigate these effects. Given the failure of COP 29 negotiations, delegates must re-evaluate climate financing models and navigate multifold constraints. Further, in the Asia-Pacific, demographic issues have begun to pile up and cause great harm to the economies of many nations. Elderly care costs are expected to rise exponentially, as more and more nations' birthrates go down. Delegates need to consider proper financing models for Long Term Care facilities, and how to improve elderly care for the future, in preparation for the demographic storm that is to come.

TOPIC A: Revisiting Climate Financing

TOPIC B: Reforming Long-Term Care for Seniors

COMMITTEE DAIS

DIRECTOR

Joshua Askew

Joshua Askew is a second-year student at Trinity College, Oxford, studying Philosophy, Politics and Economics. Having begun his MUN journey with Oxford Global, he has chaired 3 times. He has chaired both the ECOFIN and UNSC committees at Oxford Global's Home and February Conferences as well as in Shanghai. More recently, he served as the USG for Business on the Secretariat, and has absolutely loved his time working with Oxford Global.

SENIOR AD

Carrie Yao

JUNIOR AD

Nicole Gu

JUNIOR AD

Catherine Sun

HONORARY CHAIRS

Dr. Pat Armstrong

Pat Armstrong is a Distinguished Research Professor Emeritus at York University, Toronto and a Fellow of the Royal Society of Canada. Her research has focused primarily on health services and especially on women’s work within them, with an emphasis in the last couple of decades on long-term care. Multiple research projects and community work provided the basis for being awarded, as principal investigator, ten years of funding for “Re-imagining Long-Term Care: An international Study of Promising Practices”, a project that included Canada (4 provinces), Germany, Norway, Sweden, US and UK. Her research has been conducted in teams and in partnership with unions, governments, community and employer organizations. Recognizing that context matters and that the condition of work are the conditions of care, she insists on listening to all those who live, work, visit and manage in long-term care She has published widely, authoring or co-authoring such books as Wash, Wear and Care: Clothing and Laundry in Long-Term Residential Care, Critical to Care: the Invisible Women in Health Services, Wasting Away; The Undermining of Canadian Health Care, About Canada: Health Care and co-edited books such as The Labour Crisis in Long-Term Care, Care Homes in a Turbulent Era, Creative Teamwork: Developing Site-Switching Ethnography, and The Privatization of Care: The Case of Nursing Homes. In addition, she has published extensively in academic journals and popular media, served as an expert witness in more than twenty cases heard before courts and tribunals in Canada and been invited to consult and present abroad. For more than a decade she chaired the federally funded Women and Health Care Reform, a cross-Canada group mandated to coordinate research on health care reform’s impact on women, identify gaps, take steps to fill those gaps and translate research into both policies and practices.  Most recently, she served on the Technical Committee that developed the Health Standards Organization’s standards for long-term care and on the congregate care committee of the Ontario Science Table. She has been recognized in awards such as YWCA Toronto’s Woman of Distinction Award, the Canadian Federation of Nurses’ Unions’ Public Bread and Roses Award Research Canada’s Leadership in Advocacy Award.