To ask Her Majesty’s Government what are their priorities at the forthcoming International Conference on Financing for Development to be held on 13–16 July 2015, in Addis Ababa, Ethiopia.
The UK welcomes the opportunities 2015 offers to shape an ambitious new framework for international development – including through the July Conference on development finance. This provides an opportunity to mobilise all sources of development finance and ensure these are used effectively as we seek to eradicate global poverty. An effective financing framework and agreement on ‘means of implementation’ will be an essential part of the post-2015 framework.
We have three main objectives for the Finance for Development (FFD) process:
The Conference must succeed in delivering action: the agreed package on FFD must promote a more effective development finance system, including national and international enabling policies, the effective mobilisation and use of all finance sources, and an enhanced ability of national policy-makers to address multiple objectives, especially poverty eradication and sustainability/ climate change.The outcome of FFD negotiations must maximise the chance of achieving a good post-2015 goal framework; and must fit with other global processes, particularly on trade and climate.The package agreed on FFD should balance responsibility for implementation between developed and developing countries, between national and international actions, and between public and private sources, to achieve a paradigm shift in the development landscape.