Financing for Development: The role of MPs in promoting the new Action Agenda

AGORA moderator's picture

From the 13-16th of July the Third International Conference on Financing for Development took place in Addis Ababa. The aim of the conference was to reach an outcome to contribute to and to support the implementation of the post-2015 development agenda that world leaders are expected to adopt in September.

The outcome document is the Addis Ababa Action Agenda which provides a new global framework for financing sustainable development and a set of policy actions by Member States, such as on technology, infrastructure, social protection, health, foreign aid, climate change and taxation.

Critics principally expressed their concern on tax evasion and on the possible link between climate change with development finance: “the Addis Ababa agreement may link climate change with development finance in such a way as to allow donor countries to cut their overall expenditure by recording each euro spent as both climate and development spending”.

To be effective, the Addis Ababa Action Agenda will rely heavily on actions set by parliamentarians. Effective, accountable and inclusive democratic institutions play a crucial role in the support for a global transformation to sustainable development and for achieving the Sustainable Development Goals. MPs are the ones representing the constituents that should benefit from the SDGs, and MPs are the one ones that will pass the laws required to achieve the SDGs, develop the budget, and ratify regional and international conventions.

As the New Action Agenda states:

“Cohesive nationally owned sustainable development strategies, supported by integrated national financing frameworks, will be at the heart of our efforts. We reiterate that each country has primary responsibility for its own economic and social development and that the role of national policies and development strategies cannot be overemphasized. We will respect each country’s policy space and leadership to implement policies for poverty eradication and sustainable development, while remaining consistent with relevant international rules and commitments. At the same time, national development efforts need to be supported by an enabling international economic environment, including coherent and mutually supporting world trade, monetary and financial systems, and strengthened and enhanced global economic governance.”

Parliamentarians need to position themselves as development actors at the forefront of the promotion of the SDGs.  They should take on the responsibility to help achieve them, and be held accountable for (not) doing so.  

A first step in that direction is to get better informed about the Action Agenda and on how to advance the sustainable development agenda.

Here some useful links:

  • To read the Addis Ababa Action Agenda, please click here.
  • Here you can find more news on the Addis Ababa Conference.
  • To read about some critics expressed by CSOS, please click here.
  • Click here to read a guideline on how parliamentarians can advance the sustainable development agenda. 
     

 

SOURCES:

Addis Ababa Action Agenda

The role of parliamentarians in advancing the sustainable development goals

EurActiv, 17/07/2015, http://www.euractiv.com/sections/development-policy/addis-ababa-developm...

Financing for Development, 16/07/2015http://www.un.org/esa/ffd/ffd3/press-release/countries-reach-historic-ag...

CSO FfD Group, 16/07/2015, https://csoforffd.wordpress.com/

 

This is a blog post by Katharina Schuller, Intern at the United Nations Development Programme.