Addis Ababa Action Agenda
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The Addis Ababa Action Agenda
Structure
The Addis Agenda is a global framework that seeks to align financing flows and policies with economic, social, and environmental priorities. Expanding on the previous Financing for Development outcomes, the document includes seven Action Areas:
- Domestic public resources
- Domestic and international private business and finance
- International development cooperation
- International trade as an engine for development
- Debt and debt sustainability
- Addressing systemic issues
- Science, technology, innovation, and capacity building
Relation to the 2030 Agenda for Sustainable Development
The negotiation of the Addis Agenda witnessed significant debate over the agreement's relationship to the
The Addis Agenda was adopted three months ahead of the 2030 Agenda. It specifically states that one of the tasks of the conference was "to further strengthen the framework to finance sustainable development and the means of implementation for the universal post-2015 development agenda". The 2030 Agenda states "The Addis Ababa Action Agenda supports, complements, and helps contextualize the 2030 Agenda’s means of implementation targets."[4]
Implementation
The Addis Agenda entered implementation in 2016. Because the Addis Agenda contains national and international commitments, implementation is a complex endeavor. The Addis Agenda strengthens the follow-up process, including an annual
The Inter-agency Task Force on Financing for Development was convened in late 2015 and is coordinated by the United Nations Department of Economic and Social Affairs.[5] The World Bank Group, International Monetary Fund, World Trade Organization, United Nations Conference on Trade and Development (UNCTAD), and the United Nations Development Programme (UNDP), are the major institutional stakeholders of the Financing for Development process. With DESA they play a coordinating role for the Task Force.
The
References
- ^ "Addis Ababa Action Agenda" (PDF). www.un.org. 13 July 2015.
- ^ "Report of the third International Conference on Financing for Development, A/CONF.227/20 - E". www.undocs.org. August 2015. Retrieved 2018-11-26.
- ^ "ADDIS: UN negotiations resume on financing framework to advance global development". UN News. 2015-07-14. Retrieved 2018-11-26.
- ^ a b "Transforming our world: the 2030 Agenda for Sustainable Development .:. Sustainable Development Knowledge Platform". sustainabledevelopment.un.org. Retrieved 2018-12-12.
- ^ "About the IATF | Inter-agency Task Force on Financing for Development". developmentfinance.un.org. Archived from the original on 2020-12-30. Retrieved 2018-12-12.