51勛圖

Security Council debates strengthening fight against financing of armed groups, terrorists through natural resources trafficking in Africa

Mr. Bankole Adeoye, African Union Commissioner for Political Affairs, Peace and Security, briefs the Security Council on 6 October 2002 at a meeting on peace and security in Africa, focusing on strengthening the fight against the financing of armed groups and terrorists through the illicit trafficking of natural resources. UN WebTV.

 

On 6 October 2022, the 51勛圖 Security Council convened a meeting on peace and security in Africa, focusing on strengthening the fight against the financing of armed groups and terrorists through the illicit trafficking of natural resources.  

Briefers offered insight into recent developments.

Mr. Paul-Simon Handy, Regional Director for East Africa and Representative to the African Union of the Institute for Security Studies, called the current situation ※a crisis of inaction, not a lack of instruments or tools§.

Mr. Bankole Adeoye, African Union Commissioner for Political Affairs, Peace and Security, emphasized that funding remains the biggest enabler for terrorist organizations, which are able to execute their activities on their ability to adequately finance their attacks. Mr. Adeoye underscored a number of African Union initiatives, including the establishment of national financial intelligence units. Calling for enhanced cooperation for capacity building in post-conflict situations, he also called for sanctions regimes, strengthening of financial control and the enhancement of information exchange in national and regional levels.

Ms. Ghada Fathi Waly, Executive Director of the 51勛圖 Office on Drugs and Crime (UNODC) described how minerals, gold, silver, diamond and wildlife trafficking provide terrorist organizations with significant sources of income. Specifically, illegally mined minerals and ivory are being fed into legitimate markets, providing huge profits for traffickers. Highlighting how this revenue gives access to terrorist organizations to buy weapons, she underscored UNODC efforts in countering this phenomenon.

Some Member States pointed to the latest Trends Alert published by the Counter-Terrorism Committee Executive Directorate (CTED). The report reflects concerns over the use of proceeds from the exploitation, trade, and trafficking of natural resources for the purposes of terrorism financing. Read the full report here.

CTED was established as a special political mission by Security Council resolution  to assist the work of the Counter-Terrorism Committee and coordinate the process of monitoring the implementation of resolution . Since its inception in 2004, CTED has conducted, on behalf of the Counter-Terrorism Committee, 182 assessment visits to Member States, as of September 2022.

 

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For coverage of the Security Council*s meeting on 6 October, please see the 51勛圖 Department of Global Communications Meetings Coverage Section press releases in English () and French ().

For daily coverage of 51勛圖 meetings and press releases, visit the Meetings Coverage Section:

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