Saturday, November 29, 2008

Financing for Development | Civil Society Engagement

Civil Society Draft Declaration Delivered to the Official Review Conference on Financing for Development
We, the members of more than 250 civil society organizations and networks from around the world gathered before the official Review Conference on Financing for Development in Doha, Qatar, 25 – 27 November 2008 under the theme "Investing in people centered development". We reviewed the implementation of the Monterrey Consensus and discussed pressing new challenges and debated possibilities for innovative financing. The Monterrey conference emerged out of a financial crisis in Asia and Latin America in the 1990s. But it was also guided by a perceived crisis in development: the need to examine the shortfall in resources required for countries to achieve international agreed development goals including Millennium Development Goals (MDGs) and to cut the number of people living in extreme poverty by half by 2015, improve social conditions such as health and education, employment, raise living standards, support gender equality and women's empowerment, and protect the environment. Read full text here.

Civil Society Benchmarks Document
Since the 2002 Monterrey Conference, financial flows to support the achievement of the Millennium Development Goals (MDGs) and other internationally agreed goals, especially in the South have remained grossly inadequate, unpredictable, and volatile. The rapid growth of global capital flows has not automatically led to a corresponding increase in means available for poverty eradication and decent work. Worse, recurrent crises and dynamics in the international financial system have had grave consequences for many developing countries. The political conditions for creating an enabling environment for development, linked to the six thematic areas of the Monterrey Consensus, have, by and large, not materialized... Read the full text

Civil Society Key Recommendations
Analyses carried out by civil society organizations for the review process on Financing for Development (FfD) highlight the fact that governments are facing a double challenge at the up-coming FfD Conference in Doha: On the one hand, they have to find ways of substantially increasing the transfer in real terms of public resources to the South, while ensuring that public revenue is generated and mobilised for poverty eradication, decent work, achieving gender equality, and improving the livelihoods of the population. On the other hand, they have to agree to take steps to address the global imbalances and inappropriate economic and trade policies that are fuelling the current global crises in the food and energy sectors, and in the financial markets, and severely compromising development prospects for the countries of the South. For one, it has now become clear that agriculture, food security and food sovereignty need to be put back on to the development agenda. Further, the challenge of financing climate adaptation and mitigation must be addressed. In this regard, international agreements must be based on the principle of additionality in relation to already promised resources for development. Read the full key recommendations (...).
Link,http://www.ffdngo.org/, consultado a 29 de Novembro de 2008