The Third International Conference on Financing for Development in Addis Ababa, Ethiopia rapped up today resulting of the adoption of the “Addis Ababa Action Agenda”. International leaders, institutional stakeholders, business sector entities, nongovernmental organisations, Heads of State and Government and other high-level political representatives met at the conference to discuss a wide range of issues including international development cooperation, assessing the progress of the Monterrey Consensus and the Doha Declaration and the to need support the United Nations development agenda beyond 2015.
The major achievements of the conferences included:
“A new global framework for financing sustainable development that aligns all financing flows and policies with economic, social, and environmental priorities.
A comprehensive set of policy actions by member states, with a package of over one hundred concrete measures that draw upon all sources of finance, technology, innovation, trade and data in order to support mobilization of the means for a global transformation to sustainable development.”
Ban Ki-moon, the United Nations Secretary-General, called the adoption of the Action Agenda a “major step forward in building a world of prosperity and dignity for all.”