Time for new global governance on International Development Cooperation (IDC)
A framework convention would be the first step towards giving the UN the needed mandate to reform the new global governance on International Development Cooperation (IDC).
The Fourth International Conference on Financing for Development (FfD4) is a crucial opportunity to reach a political agreement on a UN Convention on International Development Cooperation, including establishing a mechanism for the fulfilment of the trillions in unmet ‘aid debt’ owed to the Global South through decades.