Financing for Development Conference

Addis Ababa: Financing for Development

UN conference opens with call for 'reboot' of development finance

Addis Ababa: At a critical moment in what the United Nations has dubbed “a year for global action,” the Third International Conference on Financing for Development kicked off today in the Ethiopian capital with calls to ensure the necessary resources to improve people's lives while protecting the planet.

UN chief hails key role of civil society in financing future development agenda

Addis Ababa: As Member States press on with efforts to reach agreement on a plan to secure the necessary financing for sustainable development, United Nations Secretary-General Ban Ki-moon told civil society organizations gathered in Addis Ababa that their role is vital in keeping governments accountable and ensuring that the voices of billions around the world are heard.

Positioning Africa in the Financing for Development Conference

Addis Ababa: African Union Commission welcomes the holding of the upcoming Third International Conference on Financing for Development (FfD3), to take place from 13-16 July 2015, here in Addis Ababa, Ethiopia and is convinced that its Member States will actively participate and promote the interest of Africa as a whole in line with its development framework as articulated in “Africa’s Agenda 2063”. The FfD3 Conference is organised by the United Nations, and hosted by the Government of Ethiopia; the first time in Africa.

MDBs announce $400bn to achieve Sustainable Development Goals

The multilateral development banks and International Monetary Fund on Friday, July 10 signaled plans to extend more than $400 billion in financing over the next three years and vowed to work more closely with private and public sector partners to help mobilize the resources needed to meet the historic challenge of achieving the Sustainable Development Goals (SDGs). The institutions – the African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-America

Financing For Development: Revisiting the Monterrey Consensus

This year is pivotal for global action on development, with the global community set to agree on the objectives and policies for promoting development that is economically, socially, and environmentally sustainable for the next fifteen years. The first stage in completing the debate on these issues will be during the upcoming Third UN Conference on FfD, which will be held in Addis Ababa. The conference aims to reach an international consensus on the actions needed to ensure that sufficient financing is available for developing countries in pursuing sustainable development.

Development financing conference to agree 'concrete' action on social protection, aid delivery – UN official

New York: The senior United Nations official who will act as head of the upcoming Third International Conference of Financing for Development, to be held in the Ethiopian capital, Addis Ababa, announced today that among the meeting's “concrete deliverables” would be a commitment to establish a new technology bank for the least developed countries by 2017.

Africa consultation towards the third international conference of Financing for Development: Chair’s summary

Introduction: The Resolution 68/279, adopted by the General Assembly of the United Nations on June 30 2014, “calls upon the regional commissions, with the support of regional development banks and other relevant entities, to hold regional consultations, as appropriate, the outcome of which could serve as input to the preparations for the third International Conference on Financing for Development”.

Adequate, targeted financing key to people-centred sustainable development – UN official

New York: In 2002, the global community came together in Monterrey, Mexico, to address key financial issues affecting global development. The International Conference on Financing for Development, the first United Nations gathering of its kind, resulted in a landmark global agreement in which developed and developing countries recognized their responsibilities in key areas such as trade, aid, debt relief and institution-building.

Funding the planet’s future

New York:  The delegates at the Third International Conference on Financing for Development in Addis Ababa will discuss how to finance global sustainable development goals, forecast by the UN Conference on Trade and Development (UNCTAD) to cost $2.5 trillion a year over the next 15 years. The biggest challenge humanity faces today is how to achieve a minimal level of prosperity and well-being while protecting the planet at the same time.


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