The outbreak, affecting Guinea, Liberia, Nigeria and Sierra Leone, is unprecedented in scope with more than 4,000 cases having been reported across the region and over 2,200 deaths.
It has also dealt a major blow to the fragile healthcare systems in West Africa.
"The trend lines in this crisis are grave and without immediate international action we are facing the potential for a public health crisis that could claim lives on a scale far greater than current estimates and set the countries of West Africa back a generation," Ambassador Samantha Power of the United States, which holds the Council's presidency for September, told reporters here.
"At this moment, it is crucial that Council members discuss the status of the epidemic, confer on a coordinated international response and begin the process of marshalling our collective resources to stop the spread of the disease," Power said.
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"This is a perilous crisis but one that we can contain if the international community comes together to meet it head on," she said.
The Council also adopted a resolution extending until December 31 the mandate of the UN Mission in Liberia (UNMIL) and urged the international community to respond swiftly to the shortage of qualified medical professionals and appropriate equipment and preventive measures necessary to address the Ebola outbreak in West Africa.
Briefing the Council last week, the Secretary-General's Special Representative and head of UNMIL Karin Landgren had told the Council of the "merciless" spread of Ebola, which has already claimed at least 1,200 lives in Liberia.