Finance

Event: High-level Multi-stakeholder Strategy Forum on South-South and Triangular Cooperation Post-2015 [viewed]

A High-level Multi-stakeholder Strategy Forum on the theme “Scaling-up Global Support for South-South and Triangular Cooperation in the Context of the Post-2015 Development Agenda” will be held as follow-up to the High-level Meeting on South-South and Triangular Cooperation in the Post-2015 Development Agenda, “Financing for Development in the South and Technology Transfer,” which was held from 17-18 May 2015, in Dhaka, Bangladesh. Participants will: discuss the need for a long-term South-South vision in the context of the post-2015 development agenda; share experiences and lessons from other existing multilateral South-South support platforms and mechanisms; examine the efficacy of the existing multilateral South-South advocacy, financing and operational support architecture; and develop a more inclusive partnership and alliance strategy supported by a self-sustaining global and regional South-South support architecture. The Strategy Forum is being organized under the auspices of the General Assembly High-level Committee on South-South Cooperation and the United Nations Office for South-South Cooperation (UNOSSC) and its Global South-South Development Expo Secretariat (GSSD Expo), in collaboration with the World Alliance of Cities Against Poverty (WACAP), UN system institutions and other partners.  

read more »

IMF, USAID to Cooperate on Capacity Development [viewed]

imf_usaid20 August 2015: The US Agency for International Development (USAID) and the International Monetary Fund (IMF) have signed a Memorandum of Understanding (MOU) to enhance their cooperation in capacity development.

read more »

Bolivia, Ecuador Submit Reservations to FfD3 Outcome [viewed]

69th Session of the UNGA5 August 2015: The Permanent Missions of Bolivia and Ecuador sent letters to the Secretary-General of the Third International Conference on Financing for Development (FfD3), Wu Hongbo, regarding their respective reservations on the outcome. The two UN Member States requested that the letters and their annexes, containing reservations and explanations of national position (EOP), be included in their entirety in the report of the Conference.

read more »

CSOs Evaluate FfD3 Outcome [viewed]

ffd3_iisdrsAugust 2015: Civil society organizations (CSOs) have responded to the outcome of the Third International Conference on Financing for Development (FfD3), which is titled the 'Addis Ababa Action Agenda' (AAAA). Many express disappointment, with groups highlighting areas in which the AAAA is a step backward from the outcomes of previous FfD Conferences (Doha and Monterrey). CSOs criticize the AAAA for failure to form an intergovernmental body for international tax cooperation and highlight limitations related to human rights, especially for women.

read more »

Event: Second Our Oceans Conference [viewed]

The Second Our Oceans Conference aims to promote voluntary governmental and institutional commitments to care for the ocean. Participants will discuss solutions to topics such as illegal fishing, marine plastic pollution, and ocean acidification and climate change. The Conference will also encourage the creation of marine protected areas. Over 400 political, academic and civil society figures, including the US Secretary of State and Prince Albert of Monaco, are expected to attend. The first Our Oceans Conference held in June 2014 resulted in more than US$800 million in government and private sector commitments to conserve the ocean and its resources.  

read more »

UNGA President Circulates Amended 2030 Agenda [viewed]

post201512 August 2015: The President of the UN General Assembly (UNGA), Sam Kutesa, circulated the outcome document of the UN Summit for the adoption of the post-2015 development agenda, agreed by consensus at the conclusion of the intergovernmental negotiation process on 2 August 2015. Kutesa informed Member States that he will convene a plenary meeting of the Assembly in early September to take action on a draft resolution that will transmit the outcome document to the UNGA's 70th session for consideration and adoption during the Summit.

read more »

UN Committee Concludes Work on Sovereign Debt Restructuring [viewed]

69th Session of the UNGA28 July 2015: The UN Ad Hoc Committee on Sovereign Debt Restructuring has concluded its work, adopting a report for submission to the UN General Assembly that reaffirms the UNGA's central role in contributing to the review of the international financial and economic architecture. The report includes the Chairs' summary and principles on sovereign debt restructuring, which, according to a statement made on behalf of UNGA President Sam Kutesa, “could serve as a basis for future deliberations of the UN General Assembly towards a multi-lateral legal framework for sovereign debt restructuring processes with the participation of all Member States.”

read more »

Mekong Ministers Pledge EIA Use in Infrastructure Plans [viewed]

lower_mekong_initiative5 August 2015: Ministers from the five Lower Mekong countries – Cambodia, Lao PDR, Myanmar, Thailand and Viet Nam – highlighted the importance of environmental impact assessments (EIA) in protecting infrastructure and promoting sustainability, at a meeting with US partners in Kuala Lumpur, Malaysia.

read more »

OECD Highlights Benefits of Integrating Climate, Development Financing [viewed]

OECD_NEWJuly 2015: Integrating financing for climate change and development can help maximize low-carbon, climate-resilient and environmental sustainable pathways to achieve the Sustainable Development Goals (SDGs), according to a brief by the Organisation for Economic Co-operation and Development (OECD).

read more »

2030 Agenda for Sustainable Development Being Prepared for UNGA Consideration [viewed]

post20152 August 2015: The 2030 Agenda for Sustainable Development, which was adopted at the conclusion of the post-2015 development agenda negotiations on 2 August 2015, contains five sections, including the 17 Sustainable Development Goals (SDGs) and 169 targets proposed by the Open Working Group (OWG) in 2014, with several revisions for specificity and consistency with international ambition. The document for consideration by the 69th UN General Assembly (UNGA) is expected to be finalized and made available ahead of the UN summit for the adoption of the agenda, which will take place from 25-27 September 2015.

read more »