Financing for sustainable development

Third International Conference on Financing for Development: OECD's contribution

 

13-16 July 2015 Addis Ababa, Ethiopia


High-level policy makers from across the globe gathered to agree on a new framework to finance the ambitious post-2015 development agenda. The conference ended successfully with the adoption of the Addis Ababa Action Agenda, agreed upon on 16 July 2015 following months of negotiations between UN member states and with the contribution of international organisations, including the OECD, private sector actors and civil society groups. The Addis Ababa Action Agenda was adopted by the 193 UN Member States attending the Conference under the leadership of Ethiopian Foreign Minister Tedros Adhanom Ghebreyesus.

The agreement marks a milestone in forging an enhanced global partnership to foster universal, inclusive economic prosperity and improve people’s well-being while protecting the environment. The outcomes of the Conference provide a strong foundation for countries to finance and adopt the proposed sustainable development agenda in New York in September, and to reach a binding agreement at the UN climate negotiations in Paris in December.

The Financing for Development process and final outcome document demonstrated a fundamental shift from the 2002 Monterrey declaration, by considering a much broader and comprehensive approach to financing sustainable development centred around the three pillars of the OECD’s contributions on tax, investment and international public finance. The success of the sustainable development agenda, driven by the implementation of 17 sustainable development goals, will hinge on the delivery of this nexus and provides the OECD with an excellent spring board for assisting in the implementation, monitoring and follow-up.

Inputs and contributions to the debates
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The OECD contributed to the debates held during the conference. For an overview of the OECD's contribution in a range of thematic areas, please see:


International public finance

Development aid remains stable in 2014 but flows to the poorest countries is falling

Modernising Official Development Assistance (ODA): Concessional loans before and after the HLM

Multilateral aid report 2015: Better partnerships for a post-2015 world

Outcomes of the 2014 OECD-DAC High-Level Meeting: Making OECD-DAC statistics fit-for-purpose in a post-2015 world

Towards a more inclusive measurement and monitoring of development finance: Total official support for sustainable development (TOSSD)

What is the global aid outlook for 2015-18?

Small island developing states and the post-2015 development agenda

Taking stock of aid to least developed countries

Climate finance

Climate- and environment-related development finance

 

Data

International Development Statistics (IDS) online databases

Financing a country-led data revolution

 

Tax

OECD Work to Build Stronger Sustainable Tax Systems

Mobilising domestic resources through tackling base erosion and profit shifting

A new age of tax transparency

Tax Inspectors Without Borders

 

Gender

Investing in gender equality to achieve sustainable development

 

Investment

Policy Reform Towards More Comprehensive Development Finance: The policy framework for investment (PFI)

 

Regional dimension of development

Reaching people with development financing: The role of cities and regions

 

Philanthropy

The role of philanthropy in financing for development

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OECD side-events during the Conference

 

Monday 13 July

Tuesday 14 July

Wednesday 15 July

     
  • Fiscalité internationale et mobilisation des ressources intérieures pour le financement des ODD: au- delà du projet BEPS et de la conférence d’Addis Ababa
  • Leveraging Migration, Remittances and Diaspora for Financing Sustainable Development
  • Domestic Resource Mobilisation and Innovative Financing in the Water Sector
  • High Level Interactive Panel on Financing for Development for the Landlocked Developing Countries
  • Small Island Developing States: Meeting the challenge of financing post-2015
  • Innovative Financing and Global Health: Achieving results

 

OECD presence and contribution during the Conference
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The OECD was represented at high-level by the Secretary General of the OECD, the OECD DAC Chair, and senior managers.

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Contribution of the OECD to the financing for development processdac band

Since the beginning of the process leading to the Third International Conference on Financing for Development, the OECD has been contributing in several ways by:

  • Carrying out substantive technical work to modernise the development finance measurement system and make it ready for a post-Addis era:

Towards a more inclusive measurement and monitoring of development finance: Total official support for sustainable development (TOSSD)

Outcomes of the 2014 OECD-DAC High-Level Meeting: Making OECD-DAC statistics fit-for-purpose in a post-2015 world

Modernising official development assistance (ODA): Concessional loans before and after the HLM

  • Organising or participating in more than 30 events in New York and across the globe, since the first substantive session in November 2014. The OECD participated in all substantive and drafting sessions of the Addis Ababa outcome document and organised several side-events during these sessions. Senior managers as well as staff from the secretariat also organised and contributed to many more development finance events across the globe.
  • The following statements addressed to the Co-Facilitators were released at the second drafting session on financing for development held in New York, 13-17 April 2015.

International public finance statement

Data monitoring and follow up statement

General discussion statement

 

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