Third FfD FAILING to FINANCE DEVELOPMENT
Civil Society Response to the Addis Ababa Action Agenda on Financing for Development
Addis Ababa, 16 July 2015
We, members of hundreds of civil society organizations and networks from around the world engaged in the Third FfD Conference, would like to express our deepest concerns and reservations on the Addis Ababa Action Agenda, based on both our ongoing contributions to the process and the deliberations of the CSO FfD Forum (Addis Ababa, 10-12 July 2015). Continue Reading
Remaining priority areas to highlight for Beyond 2015 in upcoming FFD influencing
- Sustainability and the principles of financing in a ‘sustainable’ way
Beyond 2015 identified several priorities in the ‘Implementing the Ambition position paper related to this issue.
Critical points we raised:
- We need a new understanding of financing that explicitly recognizes human rights as a basis to promote the interlinkages between the three pillars of sustainable development (social, environmental and economic); an understanding which identifies principles which ensure that ‘finance for development’ becomes ‘financing for sustainable development’, which recognises the limits of a growth-focused agenda, and the role that finance providers- especially the private sector- must play in helping us tackle the crucial challenges of climate change and environmental degradation facing our planet.