Startseite: What's New
Interest rate turnaround
Since the adoption of the 2030 Agenda on Sustainable Development, development finance has operated under conditions of low interest rates and high liquidity in global financial markets. This has changed with the recent turnaround in interest rates. This briefing paper describes the current trends, analyzes the implications for financing sustainable development in the Global South, and formulates policy recommendations on how countries in the Global South and their financing partners in the North can respond to the interest rate increases.
We Get the UN We Fund, Not the UN We Need
On 11 March 2022 at United Nations (UN) Headquarters in New York City, Secretary-General António Guterres addressed an audience of Member States, UN staff and other stakeholders at the final consultation meeting on his proposed Our Common Agenda. He urged Member States: “The process surrounding Our Common Agenda is an opportunity to recommit to our fundamental enduring principles while overhauling the practices of multilateralism for a new age.” The report details this new multilateralism to be “an inclusive, networked and effective multilateralism.”
This concept of a networked [...]
Financing for Development in the Least Developed Countries - Needs, challenges and the Doha Programme of Action
Once in a decade, the UN convenes a conference on the least developed countries (LDCs) to negotiate a programme of action, consisting of political agreements and international support measures. Financing for development in all its dimensions is an essential component of these programmes. The process that led to the Fifth UN Conference on Least Developed Countries and the Doha Programme of Action took place under the difficult conditions of the COVID-19 pandemic. Given the limited financial space that LDCs had to respond to the pandemic and the economic crisis it caused, it was even more [...]
Monterrey+20
This briefing paper gives an overview of the current challenges in different development finance action areas. In the second part, we give an overview of the UN’s FfD process and of the international agreements on Financing for Development. Based on our analysis, we identify 10 key levers for financing sustainable development. With these, Europe can make a substantial contribution to financing for development and thereby to the successful implementation of the 2030 Agenda for Sustainable Development worldwide.
