Financing for Development: What can be achieved at the 2018 FfD Forum?
The Addis Ababa Agenda for Action (AAAA), agreed in 2015, was supposed to provide the framework for how the world would finance the Sustainable Development Goals (SDGs).
Additionally, through the Paris Climate Agreement, governments have committed to strengthening the global response to climate change. However, it is now clear that current policies are not delivering the economic step-change needed if we are to achieve the SDGs.
The next annual United Nations Financing for Development (FfD) Forum - a key space for UN member governments to draw conclusions and agree further actions to reform the global financial and economic system in order to meet the ambition of the SDGs - will take place in April 2018. This paper sets out Eurodad's position on current FfD challenges, proposes a limited number of concrete reforms, and suggests key tests that the 2018 Forum must meet if it is to be regarded a success.