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Global Leaders Hold Strategic Meeting at the United Nations to Discuss Real Estate and Financial Crisis 

Last December at the United Nations

A groundbreaking seminar organized by the Secretariat and the Real Estate Market Advisory Group (REM) of the United Nations Economic Commission for Europe, with the support of the International Real Estate Federation (FIABCI) recently took place to encourage Governments, representatives of UN agencies and Regional Commissions, non-governmental organizations and the private sector to discuss effects and impact of the recent global financial crisis on development. In addition to providing advice on the current crisis, the summit provided a framework for the development of policies and actions in the housing and land management sector at the regional and global levels. The event was opened by UN Deputy-Secretary General Ms. Asha-Rose Migiro, the first of several strategic meetings with these global leaders to outline policies and strategic actions directed towards creating a healthier real estate market, enhancing financial stability of the real estate sector and making the present market more environmentally sustainable and socially responsive by providing adequate housing throughout the world. Pictured,(l to r) Sheldon F. Good, Past World President, FIABCI/UN (NGO) Delegate; Giampiero Bambagioni, UNECE/REM Chair; Paolo Garonna, Officer-in-Charge UNECE; David Egiashvili, UNECE/REM member; Ken Brown, Wall St Journal Editor; Jomo Kwame Sundaram, Assistant-Secretary-General, Department of Economic & Social Affairs, UN; Luis Fernando Correa-Bahamon, World President, FIABCI; Andreas Zehnder, managing Director, European Federation of Building Societie/ President of the Federation of Private Bausparkassen; Steve Williams, author, "Facing the Global Challenge"; Peter Creuzer, Chair of UNECE Working Party on Land Administration; Enrico Campagnoli, REM Vice Chair.

To view the program online, please go to: www.ustream.tv/channel/isivi

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