Anne Heidi Kvalsøren, Lena Nord, Erling M. Kravik, Iselin Valdersnes Marøy, Geir O. Pedersen, Guro Klausen, Håvard Aagesen, Borghild Tønnessen-Krokan, Jon-Åge Øyslebø og Kjetil AbildsnesAnne Heidi Kvalsøren, Lena Nord, Erling M. Kravik, Iselin Valdersnes Marøy, Geir O. Pedersen, Guro Klausen, Håvard Aagesen, Borghild Tønnessen-Krokan, Jon-Åge Øyslebø og Kjetil Abildsnes

The third international conference on financing for development

Last updated: 20.07.2015 // The third international conference on financing for development (13.-16.07) ended successfully when participants reached consensus on a milestone text on development financing.

The Addis Ababa Action Agenda gives political guidelines for how to finance sustainable development and is a crucial contribution to reaching the sustainable development goals (SDGs) that will be agreed upon in in New York in September, and also the climate summit in Paris in December. With the Addis Tax Initiative, which commits participants to double their efforts with regard to tax related developmental corporation, the Addis Ababa Action Agenda will be an important foundation for how to finance development in the future. 

The Norwegian minister of Foreign Affairs, Mr. Børge Brende, led the Norwegian delegation.  In his main statement, he commented that we need to keep our focus on the main goal of eradicating extreme poverty by 2030. The Foreign Minister also participated as panelist in two important side events. The first on health was hosted by the UN secretary-general Ban Ki-Moon and co-organized by Norway, in addition to Canada, the World Bank Group and the US. This side event was also the launch of the Global Financing Facility (GFF) in support of the United Nations Secretary-General’s Global Strategy for Women’s, Children’s and Adolescents’ Health and the Sustainable Development Goals. The second side event was on education. This is a Norwegian focus area and the side event constituted an important follow-up of the Oslo Summit on Education for Development, held the week before the FFD-conference. Mr. Brende’s message was clear: “If you think education is expensive, try ignorance!”

Norway played a leading role in preparing the text that became the Addis Ababa Action Agenda. The work was led by the Norwegian delegation to the United Nations that acted as co-facilitators – with Guyana – for extensive consultations among member states of the UN.

Ethiopia had, as host nation, responsibility for leading the negotiations and all logistical arrangements.  This was the largest international conference ever held in Ethiopia.  Participants congratulated Ethiopia on a job well done!

Follow the link to read the Addis Ababa Action Agenda: http://http://www.un.org/ga/search/view_doc.asp?symbol=A/CONF.227/L.1

Read the Norwegian governments press release here: http://http://www.norway.org.et/News_and_events/press_releases/Agreement-reached-on-Financing-for-Development-/#.VazdbU0w-Uk

 

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