Multiple Shifts in Financing for Development: Outcomes from Addis Ababa

Following the Third Financing for Development Conference in Addis Ababa, two blogs written by RESULTS UK child health team, Jim Calverley and Megan Wilson-Jones, were posted on the Global Health Council’s blog. Below is a summary and link to each of the blogs:

1. The Global Financing Facility (GFF) for Every Women Every Child: A paradigm shift in development financing

Steve Lewis/RESULTS UK

Steve Lewis/RESULTS UK

Yesterday on the first day of the conference, UN Secretary General Ban Ki-moon officially launched the Global Financing Facility (GFF) in support of Every Women Every Child. The GFF aims to “accelerate efforts to end preventable maternal, newborn, child and adolescent deaths” by mobilising both domestic and international resources, improving the coordination of these funds and reducing inefficiencies in health spending over time. As such, the facility will form a key vehicle for financing the proposed healthy lives Sustainable Development Goal, and the revised Global Strategy for Women’s, Children’s and Adolescent’s Health, helping to bring an end to extreme poverty by 2030.

Link to read the blog: GFF: A Paradigm shift in development financing

2. The Shifting Sands of Health

Jonathan Torgovnik/Getty Reportage

Jonathan Torgovnik/Getty Reportage

Kenya is one of many developing countries that has recently graduated from being a low income country (LIC) to a lower middle income country (LMIC). This should be a good thing – middle income countries are the engines of global growth and in sub-Saharan Africa in particular, economic growth is to be welcomed given that the African continent accounts for such a small proportion of the world’s imports/exports. But does the marginal economic growth from a low to a middle income country always translate into better health outcomes for the population?  Given that the highest disease burdens for child health and infectious diseases are in countries that are classified as middle income suggests not.

Link to read the blog: The shifting sands of health

Taxing matters in Addis Ababa

This week around 5000 ministers, officials, financiers and advocates are in Addis Ababa at the Financing for Development conference.  The event will set the stage for the next fifteen years of development efforts. If the right mix of financing streams can be identified then the world can feel confident about the ambition to eliminate the worst forms of poverty across the globe by 2030.

Yesterday 20 nations came together to launch the ‘Addis Ababa Tax Compact’. This is an initiative to strengthen international cooperation to promote more effective tax systems and fight tax evasion and avoidance. Essentially the compact aims to provide capacity building to developing countries to improve tax collection and generate more domestic revenue. These  funds can then be used to finance health and education programmes and make progress on the achievement of the new Sustainable Development Goals (SDGs).

Why is it important in Addis to talk about tax collection? In 2012, ten times more income was generated in Africa from tax than from Overseas Development Aid (ODA).  Tax is also a more reliable source of finance than ODA, and tax that is well administered creates legitimacy for governments and builds democratic responsibilit. Neven Mimica, development Minister of the EU, summarised the concept as “Collect More and Spend Better”.

Secretary of State for DFID Justine Greening speaks at the Financing for Development Conference in Addis Ababa.

 Justine Greening, Secretary of State for DFID, speaks at the Financing for Development Conference in Addis Ababa.

The UK is one of the first and major supporters of the tax compact, and Justine Greening, Secretary of State for international development, described it as the ‘beginning of a virtuous circle’. Donor nations support partner governments to strengthen the capacity of their tax collection systems, which allows developing countries to be less reliant on donors. “Investment in tax systems gives tremendous return on investment” said Ms Greening, as she made a commitment to double the DFID investment in this capacity building. The Addis Tax Compact calls on all donor nations to double their assistance to this work by 2020, whilst partner countries commit to step up domestic resource mobilisation in order to attain the MDGs.

Thabo Mvuyelwa Mbeki addresses the crowd at the Financing for Development Conference in Addis Ababa.

Thabo Mvuyelwa Mbeki addresses the audience at the Financing for Development Conference in Addis Ababa.

The themes of the Tax Compact reflect a study recently carried out by RESULTS UK  and KANCO, which looked at the question of how best to finance health care ‘beyond 2015’. In Kenya, at least 25% of the Kenyan population lack access to adequate healthcare , but the report, “Who Pays for Progress?” found that there is untapped tax capacity in Kenya of $2.86 billion dollars. This is more than double the current government spending on health.

The report also identified that $4.9 billion was lost to Kenya through capital flight in 2010 alone. This is equivalent to $120 per person. If tax capacity could be enhanced, and Illicit Finance Flows halted, then Kenya would be able to invest far more in primary health care and be in a position to reach Universal Health Coverage by 2030.

Illicit Finance Flows have been a major discussion point in many of the sessions of Financing for Development. Thabo Mbecki, ex-president of South Africa, spoke in front of both donor ministers and civil society advocates to call for an end to capital flight from the continent.  During the course of a High Level  Panel  which he chaired last year, with support from Norway and other nations (a copy of the panel’s report can be viewed here) Mr Mbecki found that $50billion is lost every year to Africa through tax flight, arranged both by high net worth Individuals and by Multi-National Companies (MNCs).

The Addis Tax Compact calls for an end to tax avoidance and evasion. The compact specifically highlights the role of MNCs stating:  ‘we call on MNCs to respect the spirit and the letter of tax laws’. Whether these good intentions will be enough to reduce Illicit Finance Flows will probably only become clear over the next five years. Reducing Illicit Financial Flows depends more on international tax agreements than on domestic tax agreements – and in Addis so far there have been few concrete deliverable improvements on issues like mandatory reporting of company ownership, or reduction of double-counting.

What is clear now though is that improved domestic resource mobilisation, across the developing world, does have the potential to drive significant improvements in budgets of essential health and education programmes. To this extent the developed nations supporting the new Tax Compact need recognition. But the progress made at the domestic level could be magnified ten-fold if solid progress was made to increase transparency in corporate tax payments and end the culture of tax havens and tax avoidance that characterise the modern financial system.

Steve Lewis is Head of Policy Advocacy at RESULTS UK

Follow on twitter @owstonlewis

Financing for Development – Who Pays for Progress? New RESULTS UK Report

Today, one of the most important international conferences of 2015 begins. Decision makers from around the world are meeting in Addis Ababa for the Third International Conference on Financing for Development (FFD3) to decide how we will finance development for the next 15 years.

It’s a watershed moment for financing all areas of development and we’re going to be right in the middle of it ensuring that finance for health is top of the agenda!

Later today, at an official UN side event during FFD3, we are launching our new report:

“Who Pays for Progress? The Role of Domestic Resource Mobilisation and Development Assistance in Financing Health. A Case Study from Kenya”

Who Pays for Progress? Report CoverWho Pays for Progress?  focuses on Kenya’s reclassification from a low-income country (LIC) to a lower-middle-income country (LMIC) exploring in particular the implications on health financing of the reclassification. Moving towards universal healthcare (UHC) is an ambition recognised in Kenya’s constitution and the report explores ways in which finance could be increased to achieve this goal.

It is joint report from ACTION partners and allies, KANCO and the World AIDS Campaign International.

Our research in Kenya has shown:

  • The health sector is considerably underfinanced and heavily dependent on ODA, currently relying on donors for 45% of financing for health.
  • Kenya’s graduation to LMIC status will impact the medium and long term financing of health from multilateral donors, such as Gavi, The Vaccine Alliance and The Global Fund to Fight AIDS, Tuberculosis and Malaria. Accordingly, it is important that Kenya starts planning now to ensure progress which has been  made is not lost.
  • Through increasing domestic resource mobilisation (DRM) it is possible and realistic for Kenya to increase its health budget which would allow important  progress towards UHC.

The report makes important recommendations for  donor governments and Kenya on both the importance and genuine opportunities to increase financing for health. These are lessons which we believe will be useful for other countries.

If you are at the conference, please do join us between 18:15pm – 17:45, Monday 13th July, Jupiter Hotel for the launch and look out for tweets from @resultsuk  @LauraMAKerr and @owstonlewis

If you would like any further information on the report or the launch, please contact laura.kerr@results.org.uk or jim.claverley@results.org.uk

RESULTS UK Launches New Report in Addis Ababa

RESULTS UK hosts Financing for Development event in Addis Ababa

Since the start of the year we’ve been talking about the significance of 2015 for international development. In September, the Sustainable Development Goals will be launched in New York and in November, global leaders in Paris must make important decisions on how they will tackle climate change.

However, the stage will be set for those two events at the third Financing for Development Conference in Addis Ababa which begins next week. The decisions that are taken at Addis will have a huge impact on the effectiveness (or otherwise) of the Sustainable Development Goals. Put simply, without proper financing,  the Sustainable Development Goals cannot function as they should and clearly that will impact our ability to end global poverty in the next 15 years.

Steve and Laura from our Policy Team are going to be right in the middle of the action in Addis, trying to get the issues we believe in to the top of the financing agenda. We want to make sure that amidst all the technical discussions that will inevitably take place in Addis, the voices of the people that live in poverty, little or no access to healthcare, good nutrition or education are not forgotten about.

On Monday, we will be launching, Who Pays for Progress? a new report from RESULTS UK and our partners and allies in ACTION. If you are in Addis for the conference, please join us and register here for the launch: Monday 13th July, 18:15 – 19:45, Jupiter Hotel

Steve Lewis, Head of Policy Advocacy (steve.lewis@results.org.uk), and Laura Kerr, Policy Advocacy Coordinator (laura.kerr@results.org.uk) will be in Addis for the next week, feel free to get in touch to find out more about the event or the report!

Keep up to date with the conference by following Steve and Laura on Twitter!

Invitation Who Pays for Progress 13 July 2015Steve Lewis, Head of Policy Advocacy (steve.lewis@results.org.uk), and Laura Kerr, Policy Advocacy Coordinator (laura.kerr@results.org.uk) will be in Addis for the next week, feel free to get in touch to find out more about the event or the report!

Keep up to date with the conference by following #FFD3 and Steve and Laura on Twitter!

July conference call recording now available!

We pleased to share that a recording of our July conference call is now available to download. On this months call we joined by two very special guests to launch our powerful new campaign – Leave no-one behind- Health for All

We first heard from Seth Berkley, CEO of Gavi, the Vaccine Alliance who shared how our campaigning ahead of the Gavi replenishment in January is helping to save millions of lives, before discussing some of the challenges that remain to ensuring every child is immunised. We were then joined by d’Arcy Lunn who shared stories from his time working on polio in South Sudan and the progress the country has made towards vaccinating thousands of children from the disease.

Listen again here:

 

For more information about our Health for All campaign and the different ways you can get take action and get involved, visit the Health for All campaign page or drop Tom an email at tom.maguire@results.org.uk.

“Beyond Aid” is the Refrain as Leaders Prepare for the Financing for Development Conference

Steve Lewis, Head of Policy Advocacy blogs ahead of travelling to one of the most important international conferences in 2015.

With just a week to go until the Financing for Development (FfD) conference in Addis Ababa, Ethiopia, countries are finalising their negotiating positions. The conference, which begins next Monday 13th July, is seen as a crucial milestone to determine if the financial resources will be available for the next fifteen years of development work. This September, in New York City, the new Sustainable Development Goals will be agreed, but a shiny new set of goals will be of little value if there is not a solid funding plan behind them.

international development secretary Justine GreeningIn the run-up to FfD in the UK, Justine Greening, the Secretary of State for International Development, spoke about her priorities in a speech last Thursday. On aid she said “we urge more countries to step up to the plate and meet the commitment to devote 0.7% of national income to development”. In her statement she is very clear that aid alone is not enough. “Lifting a billion people out of poverty will take far more than global development budgets can ever provide. To deliver the SDGs…we are going to need to attract trillions of dollars a year in investment from governments and, crucially, from the private sector.”

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National Conference 2015: What we got up to!

National Confernce Two weeks ago we held our RESULTS UK National Conference 2015. 100 grassroots campaigners, students and NGO colleagues joined us in London to hear 23 experts discuss 8 different international development topics as well as engaging in 10 advocacy meetings at the Department for International Development and in parliament, all in just 3 days. Phew!

The conference started with a full day of thought-provoking panel debates and external speakers discussing a variety of topics, including: disability inclusive development, climate change, universal health coverage and financing the future of sustainable development. Experts (including: Anja Langenbucher- Bill & Melinda Gates Foundation, Lord Low of Dalston CBE, Dr Charles Palmer- London School of Economics, Rob Yates- World Health Organisation, and Cordelia Lonsdale- Development Initiatives) debated their issue and asked each other what developments have there already been made, what is yet to be done and what potential can be found in the Sustainable Development Goals.

The second day of the conference concentrated on training the grassroots volunteers in all things advocacy. The RESULTS team explained our key priorities for the year as well as looking back at some of the highlights from 2014. In the afternoon, Tom Baker and Alice Delamere from BOND joined us to focus the group on power mapping target MPs and getting their message across in a persuasive manner to build the political will to end poverty. These new skills were put into action on the third day when the grassroots volunteers joined DFID teams, MPs and Peers in Parliament.

The third day saw grassroots volunteers share encouraging conversations with DFID teams, touching on many different topics such as disability in development, education for all, the Global Fund, and post- 2015 development. After lunch, there were meetings with Gavin Shuker MP (Labour’s Shadow Minister for International Development), Patrick Grady MP (SNP, Spokesman on International Development), Jeremy Lefroy MP (Conservative, Member of International Development Committee), Pauline Latham MP (Conservative, Member of International Development Committee), Baroness Kinnock (Labour, Spokesperson on International Development) and Baroness Northover (Liberal Democrat, Former DFID Minister) to talk about their role within parliament and how they could influence the decision-makers within international development.

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It was a jam-packed weekend, and it was fantastic to see so many of our dedicated grassroots campaigners inspired and excited about the fight to end global poverty. We couldn’t have asked for a better team and we hope everyone enjoyed the conference as much as we did!

If you would like to get involved with RESULTS UK’s grassroots groups please contact Campaigns Coordinator Emily Cabon on emily.cabon@results.org.uk.

A few of our favourite photos from the National Conference 2015 are below:

Panel Debate: Is Universal Health Coverage the right goal for developing countries? Pictured: Simon Wright- Save the Children, Jacqui Thornton- Health journalist, Dr Titilola Banjoko- Africa Recruit and Rob Yates- World Health Organisation

Panel Debate: Is Universal Health Coverage the right goal for developing countries? Pictured: Simon Wright- Save the Children, Jacqui Thornton- Health journalist, Dr Titilola Banjoko- Africa Recruit and Rob Yates- World Health Organisation

Panel Debate: Who will fund the end of poverty? Pictured: David Hillman-Stamp Out Poverty, Ranajoy Basu- Reed Smith, Cordelia Lonsdale- Development Initiatives

Panel Debate: Who will fund the end of poverty? Pictured: David Hillman-Stamp Out Poverty, Ranajoy Basu- Reed Smith, Cordelia Lonsdale- Development Initiatives

 

 

 

 

 

 

 

 

 

 

Campaigners power mapping there MPs

Campaigners power mapping there MPs

Campaigners ready to start a day of advocacy

Campaigners ready to start a day of advocacy

 

 

 

 

 

Campaigners with Baroness Northover

Campaigners with Baroness Northover

 

 

Campaigners with Baroness Kinnock

Campaigners with Baroness Kinnock

Landmark UN resolution urges States to monitor and regulate private education providers

Yesterday. eight international civil society organisations welcomed a landmark resolution of the United Nations Human Rights Council (HRC) urging States to regulate and monitor private education providers and recognising the potential “wide-ranging impact of the commercialization of education on the enjoyment of the right to education”.

The HRC is the leading global inter-governmental political body dealing with human rights. In the resolution adopted by consensus of its 47 members, the HRC has, for the first time, responded to the growing phenomenon of privatisation and commercialisation of education.

This phenomenon, and in particular the emergence of large-scale for-profit “low-cost” private school chains targeting poor families in developing countries, has received heightened attention from civil society organisations and UN expert bodies alike in recent months.

Camilla Croso, of the Global Campaign for Education, reacted: “the rapid, unregulated growth of private providers of education is already creating – and enabling – violations of the right to education, threatening to erase the last 50 years of progress in access to education. This resolution shows that States have realised that they must act now to regulate such providers – before it is too late.”

Sylvain Aubry, of the Global Initiative for Economic, Social and Cultural Rights elaborated: “Our research has consistently shown that privatisation in education leads to socio-economic segregation and discrimination against the poorest children in schools, in violation of States’ obligations, as was recently recognised in the case of Chile. The resolution adopted today, crucially highlights the obligation to provide educational opportunities for all without discrimination.

The resolution demands that States “put in place a regulatory framework” that establishes minimum norms and standards for and “monitor private education providers”. Delphine Dorsi, of the Right to Education Project, commented: “This is a very welcome reminder of States’ obligations under international law to regulate private education providers, at a time when a growing number of education providers, in particular multinational education companies, are taking advantage of weak regulation in some countries to make profit to the detriment of parents and children’s rights”.

The HRC resolution also calls on States to ensure that “education is consistent with human rights standards and principles”. Angelo Gavrielatos, of Education International, explained: “The evidence is quite clear. The growing commercialisation and privatisation of education is undermining the right to quality education. Governments cannot be allowed to abrogate their obligation to provide quality public education for every child. As recognised in human rights treaties, education is a fundamental pillar for a dignified life and must be protected as such.”

Crucially, the resolution confirms that “education is a public good”. According to Tanvir Muntasim, of ActionAid International, “this is the third time within a year, following the May 2014 UNESCO Muscat Agreement and the May 2015 Incheon Declaration, where States have described education as a public good. It is a striking response to the actors that have been trying to reduce education to a private commodity, rather than a universal right.”

The HRC insists in the resolution on the “significant importance of public investment in education, to the maximum of available resources”. For Katie Malouf Bous, of Oxfam International, “Too many governments have neglected their duty to adequately finance education, leading to weakened public schools and increased privatization as the inevitable result. Serious and substantial investments to provide good quality public education must be the antidote to privatization.

Finally, the resolution asks States to “support research and awareness-raising activities to better understand the wide-ranging impact of the commercialization of education on the enjoyment of the right to education”. Ian Macpherson, of the Privatisation in Education Research Initiative, stated: “We have been working with partners over the past few years to research the social justice implications of the growth of private actors in education, and we stand ready to collaborate with States to implement this resolution and increase and strengthen research and dialogue on this crucial issue.”

It is now time for all stakeholders to firmly take action to implement this resolution” concluded Tony Baker, of Results Educational Fund. “This particularly concerns States but also international institutions and donors, like the World Bank, that have been investing in for-profit, fee-charging private schools in recent years. These investments need to align with global and national efforts to achieve free, universal education for all to harness education’s power to break the cycle of poverty. Development actors, in addition to governments, must act in accordance with international human rights law.

Working in partnership to beat undernutrition

June has been an exciting month for nutrition! It has shown what can be achieved when partners come together to tackle a difficult but ultimately solvable problem like ending undernutrition.

RESULTS UK and Global Health Advocates are part of the ACTION Global Health Advocacy Partnership. We work together to influence policy and mobilise resources to end undernutrition and other global health problems such as tuberculosis, and vaccine preventable childhood illnesses. Recently we worked with our partners to produce a Nutrition Scorecard which enables civil society to ‘Follow the funding for Nutrition’ and see which donors are on track to meeting their 2013 Nutrition for Growth commitments.

This month we’ve seen encouraging signs that donors are also increasingly working in tandem to raise nutrition higher on the global agenda. At the European Development Days in Brussels at the start of June, Melinda Gates announced that The Gates Foundation would double its investments in nutrition to $776 million over the next six years.

Melinda stated that for too long the world has underinvested in nutrition. She said “Along with the Gates Foundation, many European donors are now prioritizing nutrition, which we believe will be one of the fundamental solutions to help cut child mortality in half by 2030.” This is really welcome news for nutrition.

She also highlighted that “investment in data is key” as nearly half of all countries worldwide don’t have access to the data needed to track nutrition baselines and the status of those undernourished. The newly announced €23.5 million EU-Gates foundation partnership to establish National Information Platforms for Nutrition is an encouraging step towards bridging the data gap.

This announcement from the Gates Foundation and the new investment of $123 million USD by the Government of Canada, has also resulted in the UK government unlocking £156.5 million, i.e. more than 50% of its matched funding commitment of £280 million made at the Nutrition for Growth Summit in 2013. This is a good example of donors working collectively and leveraging a greater impact for their money.

The EU also made an ambitious pledge of 3.5 billion EUR at Nutrition for Growth but should commit to an accelerated disbursement to meet that target by 2020. The National Information Platform on Nutrition will play a key role in ensuring the effectiveness of EU nutrition policies and help meet targets. Accurate data on nutrition will help us gauge the impact of both nutrition-specific and nutrition-sensitive investments in-country and understand what works on the ground. This is much needed for the EU to meet its target of reducing stunting by 7 million by 2025.

At the EU level, the Generation Nutrition campaign is actively working not only to ensure that the necessary funding is available to tackle acute malnutrition, but also to advocate for effective and equitable nutrition policies. As the world’s largest donor it is essential to maximise the potential of the EU’s investment in nutrition, by actually disbursing committed funds and measuring their impact.

Generation Nutrition EU recently developed two new publications on nutrition and the EU’s nutrition policy to ensure that the European Union continues to play an active role in meeting global nutrition targets. The first publication is a background document on key issues related to undernutrition which should equip stakeholders with a general understanding of the topic. The second publication scrutinises the EU’s nutrition policy and identifies gaps.

There are two key gaps that have been identified. Firstly, the EC tackles one form of malnutrition (stunting) while neglecting another (wasting), thereby undermining its efforts to fight malnutrition globally. Secondly, the EC’s policies are weakened by the fact that insufficient dialogue takes place between Directorate-Generals (departments in the European Commission), preventing the integration of nutrition sensitive measures into all policies.  Generation Nutrition EU, of which RESULTS UK and GHA form part, is committed to addressing those gaps and pushing for change at the highest political level.

We also saw an ambitious statement from Germany at the G7 summit, pledging to reduce the number of hungry people by 500 million by 2030. However CSOs are questioning the means of achieving this target because of the lack of a financial pledge linked to this announcement, alongside the need for increased clarity regarding role of the private sector.

Nonetheless, these recent announcements have been a great build up to a potential Nutrition Summit in 2016 in Rio, which will be an opportunity to assess progress and serve as a key opportunity for further funding pledges from countries which have already been champions for nutrition, like the UK, and also those who could step up and make a big difference, such as France.

Now it is time to work together and ensure these positive announcements become concrete actions for improving poor nutrition in groups such as women and children. We know that undernourished women give birth to undernourished children with hindered physical and cognitive growth, trapping them in a cycle of ill-health and poverty.  This is something a recent infographic on anaemia from RESULTS UK highlights. We must work together with donors, countries and civil society networks such as the Scaling Up Nutrition Movement to scale up the impact of investments in nutrition.

The publications can be found here: Nutrition  and EU Nutrition Policy

Six reasons why the Financing for Development Conference matters for millions

Laura Kerr, Policy Advocacy Coordinator, blogs about the importance of the Financing for Development Conference next month.

2015 is a pivotal year for development. In September, global leaders will agree on a new set of Sustainable Development Goals (SDGs) to guide the development agenda for the next 15 years.

The proposed SDGs are ambitious. The UN and member states are still working how the goals will be implemented but it is very clear that if we are going to achieve the goals, we’re going to have to find more money, and not just aid, for development.

Next month, the UN is convening the third ever Financing for Development Conference (FFD3) in Addis Ababa, Ethiopia. Heads of State and Government, Ministers of Finance, Foreign Affairs and Development Cooperation, will all be attending to decide how we can raise finance for development to achieve the SDGs.

FFD3Financing for development is complex, even for the ‘experts’. So we’ve broken down the top five reasons why we need to make sure the conference is a success:

  1. There are still 1 billion people living in absolute poverty. 6 million children still die before their fifth birthday, the majority from preventable and treatable conditions. 1 in 8 people still go to bed hungry every night. We’ve got to ensure no-one is left behind in the development agenda.
  2. It is has been estimated that we need a further $1.5 trillion per year to fund the SDGs. That’s a pretty big amount of money we need to find to ensure the SDGs make massive strides to end poverty.
  3. Over 40 years ago, countries committed to spending 0.7% GNI on overseas development aid. Currently, only five countries in the world have reached this. It’s time for government commitments to be met.
  4. Domestic resource mobilisation, tax, and illicit financial flows (IFFs) are all on the agenda at FFD3. Every year Africa is estimated to lose $50 billion through IFFs! Research carried out by RESULTS and partners in Kenya found that $4.9 billion was lost in one year alone from capital flight.  The report – Who Pays for Progress? – will be launched in Addis on July 13th and we hope this will contribute to a debate about the necessary balance between Official Development Assistance (ODA) and domestic resource mobilisation (DRM)
  5. Lack of ambition at FFD3, with no substantial or new agreements on financing, would be a disaster for the SDG’s. This is the year to be bold, strong-willed, and fight for a world free from poverty which can simply not be achieved if we maintain ‘business as usual’ approach to financing.
  6. The success of this year’s third major development conference, the UN Climate Change negotiations in December (COP21), also hinges on a progressive outcome next month. FFD3 has to set the bar high, with aspiring and determined decisions, that inspire commitments on climate change which has been sorely lacking from previous climate negotiations.

FFD3 is a once in a generation conference. The success of the SDGs and development for the next 15 years hinges on whether world leaders will step up their commitments to finance a world free from poverty. We really can’t afford to waste this opportunity.