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UN Chief Urges Shift from Military Spending to Development in New Year Address

The UN Secretary-General advocates for a reallocation of resources from military spending to...
Key Metrics

13.42

Heat Index
  • Impact Level
    Medium
  • Scope Level
    Global
  • Last Update
    2025-12-29
Key Impacts
Positive Impacts (6)
Global Infrastructure & Construction Materials
Renewable Energy Equipment Manufacturers
Sovereign Green & Social Bond Indexes
ESG & Impact-Focused Equity ETFs
Developed-Market Government Bonds
Emerging-Market Sovereign & Development Bank Bonds
Negative Impacts (2)
Major Defense Contractors (e.g., Lockheed Martin, BAE Systems, Airbus Defence)
Global Defense & Aerospace Sector
Total impacts: 9 | Positive: 6 | Negative: 2
Event Overview

The UN Secretary-General advocates for a reallocation of resources from military spending to development, emphasizing the disparity between global military expenditures and development aid. He highlights the escalating intensity of conflicts and calls for prioritizing human development over arms.

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UN Secretary-General Urges Leaders to Prioritize Development Over Military Spending
2025-12-29 22:02

In his 2026 New Year video address, UN Secretary-General António Guterres called on world leaders to allocate resources for development rather than military spending. He highlighted that global military expenditures have risen to $2.7 trillion, which is 13 times the total amount of global development aid and equivalent to the GDP of the entire African continent. Guterres also noted that the intensity of conflicts has reached its highest level since World War II. He warned that if the current trend continues, military spending will further increase over the next decade, while humanitarian crises are intensifying. Guterres stressed that the world has sufficient resources to improve people's lives, restore the planet, and ensure a peaceful and just future.

Total records: 1
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