Third International Conference on Financing for Development -- Civil Society speaks out

Civil society and other stakeholders have issued a declaration at the end of a Civil Society Organization Forum for the Third FfD Conference taking place in Addis Ababa, Ethiopia
Civil Society Declaration
According to civil society representatives in the Declaration, the draft outcome document does not yet rise to world’s current multiple challenges, nor does it contain the necessary leadership, ambition and practical actions, while undermining agreements in the Monterrey Consensus and the Doha Declaration. They express regret that the negotiations have diminished the FFD mandate to address international systemic issues in macroeconomic, financial, trade, tax, and monetary policies. The FFD process, underpinned by the normative function and ethos of the United Nations, best enjoys the legitimacy to address these issues. Development processes should be led by countries under the ultimate responsibility of the States through participatory processes to include all right-holders and that, if this conference is to contribute to the means of implementation for the SDGs, the Rio principle of CBDR should be taken into full account...
