UN General Assembly
2012

for a global form of economic governance based on the values of responsibility, fairness and solidarity. It has also placed before the eyes of the world the urgency of an in-depth reform of the international financial institutions. The repercussions of the crisis are becoming increasingly palpable, particularly in developing countries, where the rising price of staples threatens peace and stability. The crisis has also intensified problems linked to energy, which powers all socioeconomic development, limiting our ability to promote development through investments. Climate change is another major challenge our countries face. We must respond effectively to that phenomenon, which affects the entire planet, especially small island developing States such as the Union of the Comoros. I wish to stress that last April my country experienced two weeks of unusually violent torrential rains that hammered our islands, causing damage that had disastrous consequences for our population and the national economy. Ten per cent of the population was affected, a high percentage for a country as sparsely populated as the Comoros. In the name of the whole