Finance

UN Secretary-General Launches 'Agenda for Humanity' [viewed]

whs9 February 2016: UN Secretary-General Ban Ki-moon has launched a report, titled ‘One Humanity: Shared Responsibility,' which was prepared for the first-ever World Humanitarian Summit. The Summit will convene from 23-24 May 2016, in Istanbul, Turkey. He said that the report provides key actions and strategic shifts that the world needs, and urged world leaders to come to the Summit ready to commit to action, change and mutual accountability. UN General Assembly (UNGA) President Mogens Lykketoft said the Summit will be Member States' first major opportunity to give “true meaning” to the principle of leaving no one behind, as agreed in September 2015.

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Canadian Private Sector Considers Role in SDGs [viewed]

gac_gcnc8 February 2016: Global Affairs Canada and the UN Global Compact Network Canada (GCNC) convened a national roundtable event on the role of Canada's private sector in meeting the Sustainable Development Goals (SDGs). In advance of the meeting, GCNC published the results of a survey on the Canadian private sector and the SDGs, which finds that the SDGs "have gone relatively unnoticed" in the Canadian corporate sector. The survey suggests that practical tools and case studies will be of benefit.

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Panel Makes Recommendations on Health Crises, Health-Related SDGs [viewed]

United Nations25 January 2016: The risk of major health crises is widely underestimated, according to a high-level panel, and "the world's preparedness and capacity to respond is woefully insufficient.” The report of the UN Secretary-General's High-level Panel on the Global Response to Health Crises, published in an advance, unedited version, presents 27 recommendations for international, regional and national action to strengthen the global health architecture to better address the threat of pandemics, including priority actions for achieving the health-related Sustainable Development Goals (SDGs).

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Policy Update #12: Five Ways the SDGs Are Changing International Development [viewed]

UN Member States adopted the 2030 Agenda for Sustainable Development in September 2015, after almost three years of negotiation. While many actors, including development agencies, took part in the consultations, many also doubted that there could be coherent and effective action on such a wide-ranging agenda.

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Syria Conference Raises Record US$11 Billion for Relief and Recovery [viewed]

United Nations4 February 2016: Donors and humanitarian actors attending a conference in London have pledged over US$11 for relief and recovery in Syria and neighboring countries. According to the UN Regional Information Centre for Western Europe (UNRIC), this is the largest amount ever raised by the international community on a single day for a single crisis. In addition, multilateral development banks and donors announced around U$40 billion in concessional loans.

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31 Countries Agree on Multinational Transparency Measures [viewed]

OECD_NEW27 January 2016: As part of the Organization for Economic Co-operation and Development (OECD)/G20 project on Base Erosion and Profit Shifting (BEPS), 31 countries have signed the Multilateral Competent Authority Agreement (MCAA), which aims to increase transparency by multinational enterprises (MNEs). The OECD/G20 BEPS Project sets out 15 key actions to reform the international tax framework and ensure that profits are reported where economic activities are carried out.

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Member States Discuss Next Steps on Global Follow-up and Review [viewed]

unga705 February 2016: At an informal meeting of the UN General Assembly (UNGA), UN officials presented the advance report of the UN Secretary-General on the global follow-up and review of the 2030 Agenda for Sustainable Development. Government delegations provided preliminary reactions to the report and views on the way forward. Many described the report as a “good basis” for further discussions on the follow-up and review framework.

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Countries Discuss Operationalizing TFM [viewed]

un_logo5 February 2016: UN Member States exchanged views on the Technology Facilitation Mechanism (TFM) mandated by the Addis Ababa Action Agenda (AAAA) during a briefing with the UN Department of Economic and Social Affairs (DESA). Delegates expressed concern about a lack of funding for the TFM, highlighted the role of the private sector, and underscored the needs of countries in special situations.

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IMF Governance Reforms Enter into Force [viewed]

IMF27 January 2016: A 2010 amendment to the International Monetary Fund's (IMF) Articles of Agreement has entered into force, making four emerging market countries (Brazil, China, India, and Russia) among the ten largest IMF members for the first time (along with the US, Japan, France, Germany, Italy, and the UK). The Board Reform Amendment is part of a package of quota and governance reforms, which also includes doubling IMF quotas and a "major shift" in quota shares towards emerging markets and developing countries, according to the IMF.

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UNEP, Zayed International Foundation Partner on Green Economy Textbook [viewed]

unep_zayed29 January 2016: The UN Environment Programme (UNEP) and the Zayed International Foundation for the Environment will produce an international textbook on inclusive green economy, covering macroeconomic theory and specific sectoral policies. The textbook will provide researchers with a comprehensive analytical framework for studying green economy and will contain regional perspectives to enable policy design.

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