Finance

World Bank Approves Environmental and Social Framework Inclusive of Ten Safeguards [viewed]

world_bank_new4 August 2016: An Environmental and Social Framework (ESF) meant to expand the protection of people and the environment in World Bank-financed projects has been approved by the World Bank's Board of Executive Directors, following almost four years of review.

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ECOSOC Committee to Consider Tax Advice to G20 [viewed]

g20-201629 July 2016: The UN Economic and Social Council (ECOSOC) has circulated a set of recommendations on building tax capacity in developing countries. The recommendations were provided by four organizations - the International Monetary Fund (IMF), the Organisation for Economic Co-operation and Development (OECD), the UN, and the World Bank - in response to a request from the Group of 20 (G20) Ministers of Finance and Central Bank Governors in February 2016.

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Event: G20 Summit - China 2016 [viewed]

The Group of 20 leaders will convene in Hangzhou, China, to discuss way to enhance international economic cooperation. The theme of the 2016 Summit is China, 'Towards an innovative, invigorated, interconnected and inclusive world economy'. Four Sherpas' Meetings will be held before the Summit for preparation, and one after the Summit on follow-up. In addition, four meetings will be held for Finance Ministers and Central Bank Governors, and six for finance deputies to move forward the financial agenda. G20 trade, employment, energy and agriculture ministers meetings as well as relevant working groups meetings will also seek to promote cooperation in their respective areas and prepare the deliverables for the Summit.  

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Policy Update #31: The New Urban Agenda: Opportunities and Challenges for Financing Sustainable Cities [viewed]

It has been 40 years since the global community first addressed the cities agenda, at the UN Conference on Human Settlements (Habitat I), but the need for strategic thinking and planning for cities is as strong as ever.

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CSOs Reflect on HLPF Declaration, SDG Monitoring, Policy Coherence [viewed]

Sustainable Development Goals (SDGs)August 2016: Civil society organizations (CSOs) have reflected on follow-up and review of the 2030 Agenda for Sustainable Development, including reflections on the 2016 High-level Political Forum on Sustainable Development's (HLPF) Ministerial Declaration, means of implementation (MOI) and the practice of leaving no one behind. Other contributions focus on Sustainable Development Goal (SDG) indicators, monitoring SDG progress despite poor data, and coherence between the Organization for Economic Co-operation and Development's (OECD) policy advice and sustainable development and climate aims. The Millennium Institute released a revised version of its Integrated SDGs (iSDG) planning model.

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DESA Studies Macroeconomic Implications of China's ‘Silk Road' [viewed]

undesa_china16 August 2016: The UN Department of Economic and Social Affairs (DESA) announced a study of how China's ‘Silk Road' regional cooperation initiatives are contributing to the 2030 Agenda for Sustainable Development, the Sustainable Development Goals (SDGs) and the seven action areas of the Addis Ababa Action Agenda on financing for development (AAAA). DESA will conduct the study through a capacity development project in cooperation with China.

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UN Reports on Progress towards New International Economic Order [viewed]

United Nations20 July 2016: The UN issued an updated overview of the major international economic and policy challenges that must be addressed to achieve the aims of the 1974 Declaration on the Establishment of a New International Economic Order (NIEO). The report finds that some of the ideas raised at the time are still relevant and useful for implementing the 2030 Agenda for Sustainable Development.

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NGOs Make Recommendations for Future HLPF Sessions, Early SDG Action [viewed]

Sustainable Development Goals (SDGs)2 August 2016: Recommendations for future sessions of the High-level Political Forum on Sustainable Development (HLPF) are among the highlights of civil society input and action in recent weeks. They have also offered views and tools on financing for the UN Development System (UNDS), institutional gaps in the UNDS, integrated action to address climate change and achieve the Sustainable Development Goals (SDGs). The Overseas Development Institute (ODI) makes a case for early action to achieve the SDGs, both generally and in Latin America and the Caribbean.

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New Urban Agenda Debated at Habitat III PrepCom [viewed]

hiii28 July 2016: The draft outcome document for the UN Conference on Housing and Sustainable Urban Development (Habitat III) was the focus of negotiations at the third session of the Preparatory Committee (PrepCom 3). The final outcome document, referred to as the 'New Urban Agenda,' is expected to be adopted during Habitat III, convening in Quito, Ecuador, from 17-20 October 2016.

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UNDP-PEI Outlines Triple Vision of Zero Poverty, Net Climate Emissions and Losses of Net Assets [viewed]

un_pei13 July 2016: The 2030 Agenda for Sustainable Development and the Paris Agreement on climate change offer a policy mandate and opportunities to achieve zero extreme poverty, zero net climate emissions and zero losses of natural assets, according to a paper by the UN Development Programme (UNDP) Poverty Environment Initiative (PEI) and the Poverty-Environment Partnership (PEP). The paper reviews trends that impact this 'triple vision' of getting to zero, discusses challenges that impact getting to zero, and proposes four actions and next steps on getting to zero.

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