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News in RSSFinancing for development (FfD) is about how domestic and international resources contribute - or don't, in some cases - to ensure that all countries are able to meet the Millennium Development Goals and eradicate poverty. It encompasses aid, trade, debt relief, international and national finance, domestic budgeting and global governance. At the Monterrey Conference in 2002, wealthy and poor countries pledged concrete actions towards funding development. Progress was reviewed in Doha between November 29 and December 2, 2008. Ahead of this U.N. summit, a parallel process of multi-stakeholders, the U.N. Development Cooperation Forum, took place in July. Even though gender equality is essential to ensure poverty eradication, women's empowerment, and effective development, the FfD process has not yet led to any substantial change in the feminisation of poverty. As 2008 was a year of stock-taking, activists seized their chance. Gender was high on the FfD agenda.

Accra Action Agenda
Better known by its acronym AAA, it has been drafted through a broad-based process of dialogue at both country and international levels, carried out through the work of Working Party on Aid Effectiveness and Donor Practices (WP-EFF) and its joint ventures, regional preparatory consultations, the partner country contact group, the Advisory Group on Civil Society, and the non-DAC donor group (including China, India, the Gulf States).

The views of more than 80 partner countries, some 60 civil society organisations (CSOs), all DAC (Development Assistance Committee of the OECD) donors, and many non-traditional providers of development assistance informed the final draft AAA (dated July 25, 2008). It is expected that the AAA can support accelerated progress in aid effectiveness.
Accra Agenda for Action
DEVELOPMENT: Crucial Role for EU at Accra Meet on Aid
Q&A: "Where Women Can't Thrive, MDGs Are in Jeopardy"
Monterrey Consensus
The United Nations organised the Monterrey Conference on Financing for Development (FfD) in 2002. More than 50 heads of state and 200 ministers of finance, foreign affairs, development and trade participated, along with representatives of the civil society, the International Monetary Fund, the World Bank, the World Trade Organisation and the U.N. The outcome is known as "The Monterrey Consensus".

The Monterrey Consensus included commitments for "new development aid" from rich countries, as well as agreements on debt relief, the fight against corruption, public-private partnerships, and Official Development Assistance (ODA). Since its adoption, it has become a landmark in global development.
Major Donors Cut Assistance
Migrant Earnings to Be Counted as Foreign Aid?
Japan's More Is Not Enough
Paris Declaration
Three years later, more than 100 ministers, heads of agencies and other senior officials representing donor and recipient governments and multilateral aid organisations signed the Paris Declaration on Aid Effectiveness.

The Paris Declaration sets out an agenda to make aid more effective and efficient by reducing duplication, transaction costs, and misdirected aid.

In some quarters, the Paris Declaration is almost synonymous with aid effectiveness; it is expected that aid will be effective and achieve development outcomes when the principles are observed for government sector aid. However, there continue to be criticisms and alternative views, particularly from aid-focused non-governmental organisations.

Implementation of the Paris Declaration is also questionable; concrete targets set for 2010 (such as an increased proportion of aid to be untied; establishment of "mutual accountability" mechanisms in aid recipient countries; and for two thirds of aid to be delivered in the context of so-called programme approaches rather than projects) seem unlikely to be met, according to data on the Organisation for Economic Cooperation and Development (OECD) website.
The Paris Declaration
Special Report on Aid Harmonisation
2006 Survey
2008 Survey

DEVELOPMENT: Bad Water More Deadly Than War
By Thalif Deen
UNITED NATIONS - Bad water kills more people than wars or earthquakes, declares Anders Berntell, executive director of the Stockholm International Water Institute (SIWI).
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HAITI: Recovery Bill Estimated at 11.5 Billion Dollars
By Jim Lobe
WASHINGTON - Two weeks before a major donors conference, the Haitian government has estimated that the country will need some 11.5 billion dollars over the next three years to recover from the devastating Jan. 12 earthquake.
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HAITI: Experts Urge Sea Change in "Culture of Aid"
By William Fisher
NEW YORK - A delegation of human rights experts is preparing to visit Haiti to assess the human rights and aid situation in the earthquake-crippled nation and to urge the international community to follow a series of guidelines they have prepared to help donors' to "overcome the mistakes of the past."
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DEVELOPMENT: Grassroots Aid Groups Struggle to Stay Afloat
By Daniel Stahl
UNITED NATIONS - The Holy Child Integrated Agricultural Centre, an organic farm near Abeokuta in southwestern Nigeria, was looking forward to having running water. An industrial borehole had already been already installed, and a pump and piping to various buildings were in place.
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CLIMATE CHANGE: U.N. to Mobilise Funds for Developing Nations
By Daniel Stahl
UNITED NATIONS - After countries failed to reach a binding agreement on greenhouse gas emissions at the crucial Climate Change Conference in Copenhagen last December, the United Nations moving forward to enforce a pledge to help developing countries cope with the worst impacts.
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U.S.: Obama Calls for More Development, Counterinsurgency Aid
By Jim Lobe and Eli Clifton
WASHINGTON - U.S. President Barack Obama Monday called on Congress to approve major increases over the coming months in global health, development, and counterinsurgency assistance as part of a record 3.8-trillion-dollar 2011 federal budget.
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HEALTH: 10-Billion-Dollar Vaccine Pledge by Gates Hailed
By Jim Lobe
WASHINGTON - The pledge by the Bill & Melinda Gates Foundation to provide 10 billion dollars over 10 years on vaccines aimed at reducing child mortality in the world's poorest countries was hailed by global health organisations around the world Friday.
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HAITI: Military Playing Large Role in Relief Efforts
By Marguerite A. Suozzi
UNITED NATIONS - As international attention turns to the long-term reconstruction of earthquake-stricken Haiti, U.N. officials pledged that the Haitian government would have full involvement and authority over the process.
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Q&A: Sweden Vows to Sustain Aid Levels to Poorer Nations
Jennie Lorentsson interviews GUNILLA CARLSSON, Sweden's Development Minister
STOCKHOLM - Sweden has pledged to maintain its current level of development aid to the world's poorer nations - roughly at about one percent of gross national product (GNP) - despite the global financial crisis.
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AGRICULTURE: Three-Quarters of Hungry Are Rural Poor
By Fabiana Frayssinet
RIO DE JANEIRO - Climate change, associated with a four-fold increase in natural disasters in the last decade, and the growth of world population, which is expected to reach nine billion by 2050, pose new challenges for aid initiatives like those of the United Nations World Food Programme (WFP).
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URUGUAY: 'Dry Toilets' Provide Ecological Solution in Slums
By Inés Acosta
BARROS BLANCOS, Uruguay - Marisabel's modest home had no plumbing, like the rest of the dwellings in this poor suburb on the outskirts of Montevideo, the capital of this small South American country.
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CORRUPTION-AFRICA: A Crime Against Development
By Sholain Govender-Bateman
TSHWANE - Corruption is preventing the world from reducing extreme poverty, from averting child deaths and even from fighting epidemics like HIV/AIDS. And it will have a devastating effect on the attainment of the Millennium Development Goals if not tackled directly by each national government.
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GENDER: Zimbabwe Basket Fund Takes Off
By Stanley Kwenda
HARARE - A basket fund aimed at increasing the economic participation of women in Zimbabwe, has been relaunched after a start which faltered due to the delayed appointment of the new government earlier this year.
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ECONOMY-LEBANON: Skewed Policies Widen Urban-Rural Divide
By Mona Alami
BEIRUT - The luxury brands and fashion powerhouses that line the streets of the Lebanese capital seem to suggest that this country is enjoying an hour of glory as the world is in the throes of a severe recession.
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POLITICS: U.N. in Final Push for 2015 Development Goals
By Thalif Deen
UNITED NATIONS - A special U.N. summit of world leaders, scheduled to take place next year, is expected to make "a final push" to help reach the world body's widely-touted development goals by the targeted date of 2015.
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DEVELOPMENT: To Grab, Or To Invest
Analysis by Paul Virgo
ROME - The World Food Security Summit in Rome this week opened up a dispute between what may be investment in farmland to some, but is seen as land grab by others.
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DEVELOPMENT: Hunger Summit’s Failure Exposes Grim Reality
By Paul Virgo
ROME - There are two main ways the flop of this week’s United Nations World Food Security Summit in Rome - which has been snubbed by the world’s top leaders, has failed to deliver binding aid commitments, or to set a target date for the eradication of hunger - is being read.
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DEVELOPMENT: Farmers Not Invited to Food Summit?
By Sabina Zaccaro
ROME - World farmers are not part of the official delegations at the Food and Agriculture Organisation (FAO) food summit on food security that opened here Monday. But they came anyhow to express their views, since, they say, it is their communities that are most impacted by the food crisis.
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DEVELOPMENT: Scandinavia, Ireland Tops in Humanitarian Aid
By Jim Lobe*
WASHINGTON - Of the 22 major western donor nations, Norway, Sweden, Ireland and Denmark responded most effectively to humanitarian emergencies around the world in 2008, according to the latest of three annual assessments of humanitarian aid released here Tuesday by Development Assistance Research Associates (DARA).
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Aid is one part of the FfD agenda and civil society is mobilising to build up pressure to make it better. The new aid buzzwords are effectiveness, quality, ownership and harmonisation. In 2008, we witnessed the review of the new aid architecture agreed by donors in Paris in 2005. Accra hosted the aid effectiveness assessment in September 2008. From November 29 through December 2, Doha hosted the Follow-up International Conference on Financing for Development to review the Monterrey Consensus. In Doha, it was decided that the U.N. would hold a conference on the global financial crisis and its impact on development. The time and place is yet to be announced.

Terraviva
The South Speaks Out
Financial Meltdown

Women's Development and Environment Organisation
Civicus - World Alliance for Citizen Partnership
The Reality of Aid
UN Economic and Social Council - ECOSOC
Financing for Development
Better Aid
IPS is not responsible for the content of external sites
News in RSS
WOMEN'S HEALTH - A SMART INVESTMENT IN TROUBLED TIMES
    by Thoraya Ahmed Obaid
POOR COUNTRIES RAILROADED INTO WEAK COMPROMISE AT UN FINANCIAL SUMMIT
    by Sylvia Borren
INDIA: PUSHING FOR CHANGE
    by Syeda Hameed
DEVELOPMENT FINANCING CONFERENCE: THE INEQUALITY-POVERTY NEXUS
    by Cecilia Alemany and Anne Schoenstein
A LIFE FREE OF VIOLENCE IS EVERY WOMAN'S RIGHT
    by Nicole Kidman
FINANCING GENDER EQUALITY: A CRITICAL DEVELOPMENT CHALLENGE
    by Ines Alberdi

25 February - 7 March
Commission on the Status of Women

April 20-25
UNCTAD XII - Accra, Ghana

June 12-13
Development Cooperation Forum, Stakeholder pre-meeting - Rome, Italy

June 18-21
CIVICUS 8th World Assembly - Glasgow, Scotland

July 2-3
First Biennial Development Cooperation Forum - New York

Aug 31-Sep 1
CSO Forum on Aid Effectiveness - Accra

September 2-4
3rd High Level Conference on Aid Effectiveness - Accra

Nov 29-Dec 2
Follow-up International Conference on Financing for Development to Review the Monterrey Consensus - Doha, Qatar.

This page includes independent IPS news coverage which is part of a partnership with UNIFEM to mainstream gender in reporting about Financing for Development