A successful outcome of the Addis Conference on Financing for Development (FfD) will become the linchpin for the adoption and subsequent implementation of the Sustainable Development Goals (SDGs) following the September Summit at the United Nations in New York as well as the climate agreement under UN Framework Convention for Climate Change (UNFCCC) in Paris in December.
The draft outcome document is intended to provide a holistic and forward-looking framework and concrete actions for the financing of sustainable development in order to deliver the means of implementation for the ambitious and transformative development agenda.
Ministerial statement of the Eighth Joint Annual Meetings of the African Union Specialized Technical Committee on Finance, Monetary Affairs, Economic Planning and Integration and the Economic Commission for Africa Conference of African Ministers of Finance, Planning and Economic Development held in Addis Ababa on the 30 and 31 March 2015.
We, Heads of State and Government of the African Union assembled in Addis Ababa, Ethiopia, during the 22nd Ordinary Session of the Assembly of the Union on 31 January 2014.
NOTE: The participatory approach that led to the elaboration of the Common African Position (CAP) on the post-2015 Development Agenda involving stakeholders at the national, regional and continental levels among the public and private sectors, parliamentarians, civil society organizations (CSOs), including women and youth associations, and academia. This approach has helped address the consultation gap in the initial preparation and formulation of the Millennium Development Goals (MDGs);
First, we question the inclusion of a chapter on technology, innovation and capacity-building in this draft, given there has been no equivalent chapter in previous FfD outcome documents.
The high profile of infrastructure and access to related services in the communiques of the World Bank and the International Monetary Fund (IMF) at their annual meetings in late 2014 underscores the importance of this issue for development worldwide. Nowhere is lack of infrastructure more crucial and potentially transformational than in sub-Saharan Africa.