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Updated On: Thursday, October 19 2017

FFD3 Adopts Historic Finance Agenda for Sustainable Development

Posted on : 16.07.2015
Category : 3rd International Finance for Development Conference - Videos

16 July 2015, Addis Ababa, Ethiopia | Brendan Pastor - South-South News

An historic document establishing a comprehensive framework to finance sustainable development for the next fifteen years was passed this week, following months of negotiations at the political highest levels, all capping off during the third International Conference on Finance for Development in Addis Ababa, Ethiopia.

For the past four days, over 10,000 delegates from governments, the United Nations, civil society and the private sector have gathered here in the political capital of Africa to design a financial architecture that can potentially unleash trillions of dollars in support of the post-2015 Sustainable Development Goals. This includes everything from increased aid commitments, new tax initiatives, financing for social welfare programs, and strategic business partnerships.

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