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Background:
PSI’s interests in the sustainable development process are outlined in the Brief on Sustainable Development Goals. Implementing these objectives requires consideration of financing for development.
The 3rd UN International Conference on Financing for Development will be held in Addis Ababa, Ethiopia, on 13-16/07/2015. It will gather high-level political representatives, including Heads of State and Government, and Ministers of Finance, Foreign Affairs and Development Cooperation, civil society and other stakeholders. The Conference will result in an agreed intergovernmental outcome, which will contribute to and support the implementation of the Post-2015 Development Agenda.
The intergovernmental preparatory process of the Conference was launched on 17/10/2014. It includes a series of informal sessions and interactive hearings with civil society and the business sector through to March 2015, as well as drafting sessions on the outcome document in January, April and June 2015. The International conference was brought forward from late 2015 to mid-2015, thus intensifying the negotiating process.
Discussion:
PSI has a range of interests in the financing for development arena, including tax, trade, anti-privatisation, climate change and sustainable development. Whilst our organisational capacity to be directly involved with the FfD negotiations has been stretched, we have worked with the ITUC, led global labour response and with civil society to ensure our perspectives are heard.
The release of the Zero Draft text for negotiations on 16 March was delayed by almost a month, further increasing time pressure. It contains 124 paragraphs of which there are a mix of positives and negatives including:
PSI will continue to lobby for quality public services, tax justice, fair trade and just development in this process.
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