Little progress has been made since the last conference of the United Nations Financing for Development (FfD) process, held in Addis Ababa in July 2015, which agreed the Addis Ababa Agenda for Action (AAAA) – the framework for how the world would finance the Sustainable Development Goals (SDGs).

Since Addis, however, there has been little headway and last year’s UN FfD Forum (Financing for Development Forum) was disappointing, with few concrete outcomes achieved. As the FfD Forum outcome document highlighted, that current policies are not delivering the economic step-change needed to achieve the SDGs.

The European Network on Debt and Development (Eurodad) recently launched a short paper setting out three key tests that this year’s UN FfD Forum should pass if it is to be regarded a success:

  1. Include all countries in global efforts to crack down on tax dodging to fill the public financing gap. 
  2. Ensure full transparency on efforts to fill financing gaps to avoid promoting the wrong solutions.
  3. Show commitment to ending destructive crises by supporting a debt workout mechanism.

Read the full article about financing sustainable development by Jesse Griffiths at Eurodad.