Finance

DESA Provides Update on FfD Conference Funding Needs [viewed]

UNDESA22 October 2014: The UN Department of Economic and Social Affairs (DESA) briefed UN Member States on funding requirements for the Third International Conference on Financing for Development (FfD), with a focus on the FfD Trust Fund, and recalled the invitation in UN General Assembly (UNGA) Resolution 68/279 for Member States and other donors to contribute to the trust fund to support the participation of representatives from developing countries, including LDCs, in the conference.

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ADF 9 Recommends Policies to Address Poverty, Attract Financing [viewed]

adfix16 October 2014: The UN Economic Commission for Africa's (ECA) Ninth African Development Forum (ADF IX) agreed the Marrakech Consensus, which outlines recommendations on fiscal policies and regulatory frameworks to address poverty and attract and deploy capital. The Forum, which convened under the theme ‘Innovative Financing for Africa's Transformation,' focused on: domestic resource mobilization, including for Africa's structural transformation; illicit financial flows (IFFs), private equity, partnerships and climate financing for Africa's adaptation and mitigation needs.

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Toolkit to Help Investors Support SDGs [viewed]

unctad-ri-globalcompact16 October 2014: The UN Conference on Trade and Development (UNCTAD), the UN Global Compact, and the UN-supported Principles for Responsible Investment (PRI) have announced plans to develop a toolkit for institutional investors, companies and foundations to support the Sustainable Development Goals (SDGs) with their investments.

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ICESDF Co-Chairs Brief Member States [viewed]

UNDESA17 October 2014: In a briefing organized by the UN Department of Economic and Social Affairs (DESA), the co-chairs of the Intergovernmental Committee of Experts on Sustainable Development Financing (ICESDF) summarized and reflected on its final recommendations, which were reached in August 2014. The ICESDF Report is currently before the UN General Assembly (UNGA) as A/69/315.

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Member States Start Preparations for 3rd FfD Conference, SG Announced [viewed]

unga6917 October 2014: UN Member States held their first substantive informal session of the preparatory process for the third International Conference on Financing for Development (FfD), on 17 October 2014, in New York, US. Delegations considered the proposed road map and annex circulated by the co-facilitators before the consultation, and exchanged general views on the Conference and related issues.

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World Investment Forum Addresses SDG Financing Needs [viewed]

world.investmet.forum16 October 2014: Representatives of governments, the UN and businesses considered solutions for financing the Sustainable Development Goals (SDGs) during their discussions at the World Investment Forum 2014. The UN Conference on Trade and Development (UNCTAD), which organizes the annual Forum, has estimated that developing countries will face an annual investment gap of US$2.5 trillion over the lifetime of the SDGs (2016 to 2030), and public resources will not be able to meet the SDG-implied financial demands.

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WAVES Highlights NCA Trainings, Capacity Building [viewed]

waves9 October 2014: The Wealth Accounting and the Valuation of Ecosystem Services (WAVES) programme released its October 2014 newsletter, which highlights trainings and capacity building on Natural Capital Accounting (NCA).

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DESA Announces Follow-Up Plans for SIDS Conference [viewed]

sids2014October 2014: The UN Department of Economic and Social Affairs (DESA) has outlined plans for ensuring implementation of commitments made at the 2014 Third International Conference on Small Island Developing States (SIDS), some of which specifically address the role of the UN system in supporting SIDS.

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Event: Second Preparatory Committee meeting for Third UN World Conference on Disaster Risk Reduction [viewed]

A second session of the Preparatory Committee for the Third International Conference on Disaster Risk Reduction (DRR) is expected to develop the draft post-2015 DRR framework. In addition to negotiations on this document, technical workshops will convene to address: indicators, monitoring and review process for the post-2015 framework; and integration of disaster risks in financial regulation. The Chair is also expected to hold two dialogue sessions with major groups. The Third International Conference on DRR will be held in Sendai, Japan, in March 2015.  

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Business and Biodiversity Forum Seeks Greater Private Sector Engagement in CBD Goals [viewed]

cop1212 October 2014: The Business and Biodiversity Forum, which convened on the sidelines of the twelfth meeting of the Conference of the Parties to the Convention on Biological Diversity (CBD COP 12), included a high-level segment, a business and biodiversity workshop, a meeting of the Global Partnership for Business and Biodiversity, and various other events. The Forum aimed to increase the understanding of how businesses can better engage with and implement biodiversity-related initiatives, as well as to encourage governments and other stakeholders to create enabling environments to facilitate such engagement.

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