Why is the United Nations Economic and Social Council so important?

Some countries in the world are very rich, and others are very poor. The United Nations Economic and Social Council aims to closethegapbetween the rich and poor nations, by giving direct financial aid to poor countries in the form of loans, grants and advice. It also encourages wealthy nations to help the poorer ones.
The Council plays an important role in the development of backward nations. Its aimistoimproveliving conditions, health and education as well as topromotepopulation control. In short, the organisation does valuable work for worldwide development and the long term well being of the Earth and its people.