At this time, the United Nations Children Fund (UNICEF) is commemorating its 50th anniversary, under the slogan "children first." This annual UNICEF report reviews the organization's activities during 1995. An introduction by the executive director states that the report will give readers a sense of what UNICEF is doing with partners to rise to the program's challenges. Topics in the report include: (1) the U.N. Convention on the Rights of the Child--a powerful and wide-ranging legal instrument to promote and protect the human rights of children; (2) regional developments; (3) emergency countries (those suffering recent natural disasters or war); (4) child protection; (5) health; (6) nutrition; (7) safe environment; (8) urban issues; (9) basic education; (10) girls and women; (11) communication; (12) working together (national committees, non-governmental organizations, and inter-agency cooperation; (13) resources and management; (14) UNICEF income, donors, and expenditures (tables and charts); and 15 profiles of individual efforts to improve conditions for children. Descriptions are given for regional developments in West and Central Africa, the Middle East and North Africa; East Asia and the Pacific, South Asia, the Americas and the Caribbean, Central and Eastern Europe, the Commonwealth of Independent States (former Soviet Union), and the Baltic states. The report concludes with an annex describing major decisions made by UNICEF's executive board during 1995. (WJC)