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.
From October 25-29, 2021, the UN open-ended intergovernmental working group on the elaboration of a legally binding instrument on Business and Human Rights met for the seventh time at the United Nations (UN) Human Rights Council in Geneva. Two developments provided a new dynamic compared to previous sessions. For the first time since the intergovernmental working group’s establishment in 2014, the United States and Japan participated in its meeting. Germany expressed its views for the first time. In addition, the proceedings of this year's session differed from previous years. The third [...]