Financing for Development Conference: Partnership Starts with Ownership

The Third Financing for Development Conference in Addis Ababa opened on 13 July 2015 with strong appeals to scale up investment and revitalize partnerships to set the world on the right path for the realization of the post-2015 development agenda.

Taking the floor during the first of a series of roundtables on the “Global Partnership and the three dimensions of sustainable development,” the Director-General affirmed that “we can only be successful if Member States have ownership. It is not only about access to new sources of financing, but about how partnerships can help us increase the quality and effectiveness of investment.”

She stated that UN system organizations have an instrumental role to play in supporting Member States to implement the post 2015 development agenda. “Member States are requesting more upstream support to build capacities, improve data collection and analysis, set standards and lead normative work – these are all critical factors for accountability and effective delivery of the post-2015 agenda,” she said. The Director-General drew also attention to the UN joint statement on the establishment of a Technology Facilitation Mechanism launched at a side-event on Science, Technology and Innovation. “It is very important to get out of our silos and put the dots together between the different sustainable development goals. This is where specialized agencies can contribute more to this debate,” she said.

The Conference was opened by UN Secretary General Ban Ki-moon and the Prime Minister of Ethiopia Mr Hailemariam Desalegn, with statements by the President of the UN General Assembly, the President of the World Bank, the Managing Director of the International Monetary Fund and the Director-General of the World Trade Organization.