|
|
 Financing 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
|
|
|
|
|
|
|
|
|
|
|
|
| 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. |
|
|
 |
 |
|
|
|
|
|
|
|
 |
|
IPS
is not responsible for the content
of external sites |
|
|
|
|
This page includes independent IPS news coverage which is part of a
partnership with UNIFEM to mainstream gender in reporting about Financing
for Development |
|
What is RSS?
