BGA/7/13
Sponsored by Rohan Kilaru, Faheem Mohamed, Srinath Narayanan of Ravenwood High School
The delegates above represented the Delegation of Republic of Moldova.
This legislation was filed in the Economic and Financial category
Presented as part of the MUN B 2023 conference
1 | To the 2023 United Nations General Assembly: |
2 | |
3 | Acknowledging that the Republic of Moldova is facing a severe energy crisis costing the economy |
4 | over billions of dollars financially along with a 5.9% decrease in GDP, which has been fueled by |
5 | energy shortages from the Russia-Ukraine war, |
6 | |
7 | Noting that the nation’s energy sector relies absolutely on foreign imports and that currently, no |
8 | commercial power plant exists within the territory of Moldova except one in the Transnistria |
9 | territory, |
10 | |
11 | Emphasizing that the lack of diverse energy sources has resulted in economic instability due to this |
12 | large dependence on foreign imports, |
13 | |
14 | Further highlighting that on top of an energy crisis, Moldova export prices have skyrocketed from a |
15 | significant increase in transportation costs from the Russia-Ukraine war, which has resulted in |
16 | lower profit margins from exports and resulted in a projected decline of 190 million USD or 1.6% |
17 | GDP decline on the economy, |
18 | |
19 | Quantifying that skyrocketing prices of exports from travel costs have resulted in significant |
20 | production cost increases of over 99% for wheat, 53% for rapeseed, 180% for sunflower seeds, |
21 | and 50% for barley, |
22 | |
23 | Alarmed by these economic calamities, the Republic of Moldova needs to take action that benefits |
24 | its creation and diversification of energy sources, while also addressing higher transportation costs |
25 | of exports plaguing its economy, |
26 | |
27 | Recognizing that the promotion of diverse renewable energy sources can enhance energy security |
28 | by reducing the dependence on a single energy source and alleviating the current energy crisis |
29 | while promoting lower global emissions, |
30 | |
31 | We the Delegation of the Republic of Moldova do hereby: |
32 | |
33 | Establish a multi-step faceted approach that will establish a bilateral trade agreement with Russia, |
34 | |
35 | Recognize the bilateral trade agreement with Russia would provide a direct trade of Moldova’s |
36 | major exports of grains such as wheat, barley, and cooking oil products like rapeseed and |
37 | sunflower for Russia’s supply of natural gas; |
38 | |
39 | Proclaim that trading with Russia would lower production costs of exports because of opening up |
40 | the Black Sea as a direct avenue for trade, resulting in cheaper prices of Moldova’s exports sold to |
41 | Russia; |
42 | |
43 | Emphasize that Russia is currently undergoing a decline in grain production further exacerbated by |
44 | extreme droughts caused by global warming, and sanctions that have caused food prices to |
45 | skyrocket by over 20-30% on grain prices and an overall 13% inflation in food prices; |
46 | |
47 | Affirm that higher and cheaper exports to Russia would help aid in increasing the declining grain |
48 | production in the country and in turn decrease the price of food throughout the country; |
49 | |
50 | Call for Russia to provide a stable source of natural gas at competitive market prices, which will |
51 | help meet the demands of the current population as the country diversifies its energy production; |
52 | |
53 | Enforces that the bilateral trade agreement will be revisited by the General Assembly every year, |
54 | |
55 | Reaffirm that Russia, a global power, builds connections with Moldova, supporting the UN Goal 17 |
56 | of global partnerships for sustainable development; |
57 | |
58 | Requests $30 million from the United Nations Framework Convention on Climate Change Green |
59 | Climate Fund towards the installation of solar and wind farms; |
60 | |
61 | Establish the use of $15 million for installation and maintenance of the solar farm, $12 million for |
62 | the wind farm, and the remaining $3 million as a buffer; |
63 | |
64 | Proclaim that the buffer money will be used to avoid a possible budget overrun and repairs; |
65 | |
66 | Affirm that the solar farm will be constructed near Chisinau due to its flat terrain and ideal sun |
67 | exposure; |
68 | |
69 | Emphasize that the development of the wind farm will be located near the Hincesti District as a |
70 | result of its relatively open terrain and favorable wind conditions; |
71 | |
72 | Confirms that the farms will be built in coordination with Energocom, the state-owned enterprise |
73 | appointed by the Moldovan government for assistance in labor and effective development; |
74 | |
75 | Estimates that close to 200,000 Moldovan citizens will be positively impacted by the construction |
76 | of these farms; |
77 | |
78 | Emphasizes that the passage of this resolution aligns with the UN's Sustainable Development Goal |
79 | #7 of Affordable and Clean Energy, contributing to energy security and sustainability and |
80 | Sustainable Development Goal #13 of climate action by initiating green movement in Moldova; |
81 | |
82 | Proclaims that this resolution will go into effect on January 1st of 2024; |
83 | |
84 |