The United Nations Non-Governmental Liaison Service (UN-NGLS) is an inter-agency programme of the United Nations mandated to promote and develop constructive relations between the United Nations and civil society organizations.

Home

About NGLS

NGLS Publications

UN-Civil Society Engagement

Subscribe

  • To join the UN-NGLS e-mail list please click here.
11 September 2007

Financing for Development

The Monterrey Consensus which was adopted by Member States of the United Nations at the International Conference on Financing for Development in 2002 addresses development financing issues under six themes: domestic resource mobilization, mobilization of foreign resources, international trade, development assistance, external debt and systemic issues of global governance with the aim of achieving the internationally agreed development goals adopted during the previous decade, including the Millennium Development Goals (MDGs).

The year 2008 will be an important year in the Financing for Development ’process’ as the government of Qatar will host the International Follow-up Conference on Financing for Development in Doha later this year (29 November - 2 December). The General Assembly has put in place a detailed preparatory process to guide member State discussions and negotiations in the lead-up to the Doha Conference.

This page takes a look at the United Nations process on Financing for Development (FfD). It provides an overview of civil society’s relation to the current process and provides some useful links. It also attempts to show how the FfD discussions link up with other important processes and issues for development.

For the most authoritative view, please refer to the website of the substantive office, the Financing for Development Office (FFDO) of the Department of Economic and Social Affairs (DESA).

For news and developments related to the Financing for Development process, subscribe to the joint FFDO and NGLS publication, ‘The Road to Doha’.

Background

Documentation

Resources

Contact


Background

Non-governmental organizations (NGOs) have been involved from the outset in the Financing for Development process by providing important inputs, expertise and proposals to the International Conference on Financing for Development. Moreover, with their diverse voices and priorities, they are instrumental in the follow-up process to Monterrey. This view has been endorsed at the highest level in the Monterrey Consensus itself, which in paragraph 69 calls for civil society to stay involved and actively engaged in the process. The FfD website contains a separate section on civil society engagement in the FfD process: http://www.un.org/esa/ffd/indexCivilSoc&BussSec.htm

Indeed, the Monterrey Consensus, which was adopted at the International Conference on Financing for Development in Mexico in 2002, called for a global alliance for development. All stakeholders in the Monterrey process, including civil society, reaffirmed their commitment to staying fully engaged - nationally, regionally and internationally - and to ensuring proper follow-up to the implementation of agreements and commitments reached at the Conference.

Building on that commitment, the UN General Assembly has decided to hold a Follow-up International Conference on Financing for Development (FfD) in Doha, Qatar from 29 November to 2 December 2008.

In his letter of 10 January 2008 addressed to all States, the President of the General Assembly emphasized the importance of the Review of the Implementation of the Monterrey Consensus. In accordance with paragraphs 8 and 9 of General Assembly resolution 62/187 of 19 December 2007, the President circulated the proposed work programme for the preparatory process of the Follow-up International Conference on Financing for Development. The programme contains the following preparatory events, to be held at UN Headquarters in New York:

- 14 February 2008 Review Session on Chapter I of the Monterrey Consensus, "Mobilizing domestic financial resources for development"

- 15 February 2008 Review session on Chapter II, "Mobilizing international resources for development: foreign direct investment and other private flows"

- 10 March 2008 - 11 March 2008 (morning) Review session on Chapter V, "External Debt"

- 11 March 2008 (afternoon) - 12 March 2008 Review Session on Chapter VI, "Addressing systemic issues: enhancing the coherence and consistency of the international monetary, financial and trading systems in support of development"

- 15-16 April 2008 Review session on Chapter IV, "Increasing international financial and technical cooperation for development"

- 19-20 May 2008 Review Session on Chapter III, "International trade as an engine for development"

- 18 June 2008 Hearings of Civil Society and the Business Sector

In the second week of July 2008, the Secretary-General will issue a report on the latest developments related to the review process on financing for development and the implementation of the Monterrey Consensus. By the end of July, the President of the General Assembly will circulate a draft outcome document based on the outcome of the preparatory events. Informal consultations and drafting sessions on the outcome document will be held during the period from September 2008 until the holding of the Review Conference.

In accordance with General Assembly resolutions 61/191 and 62/187, the review conference should assess progress made, reaffirm goals and commitments, share best practices and lessons learned. The conference should also identify obstacles and constraints encountered, actions and initiatives to overcome them, important measures for further implementation, as well as new challenges and emerging issues.

A series of high-level intergovernmental events on Financing for Development will compliment the preparatory process of the Doha Review Conference:

(1) Fifty-first session of the Commission on the Status of Women (CSW) on theme "Financing for Gender Equality and the Empowerment of Women" (26 February - 9 March 2007)

(2) Thematic debate of the General Assembly on “Recognizing the achievements, addressing the challenges and getting back on track to achieve the Millennium Development Goals by 2015.” (New York, 1-2 April 2008)

(3) Spring Meeting of ECOSOC with BWIs, WTO and UNCTAD (New York, 14 April 2008)

(4) UNCTAD XII on “Addressing opportunities and challenges of globalization for development” (Accra, Ghana, 20-25 April 2008)

(5) ECOSOC annual session, including Development Cooperation Forum and Annual Ministerial Review (New York, 30 June-25 July 2008)

(all dates and locations are subject to confirmation by Member States)

Member States have called for the active participation of civil society organizations in all of these meetings. More details on the exact modalities will be posted on the FfD website at www.un.org/esa/ffd as soon as they become available.

NGO Facilitators in the Financ-ing for Development process

There are various NGO networks that serve as facilitators in the FfD process. The current group includes:

• NGO Committee on Financing for Development
• New Rules for Global Finance Coalition
• Cooperation Internationale pour le Developpement et la Solidarite
• EURODAD
• AFRODAD
• LATINDADD
• Third World Institute
• Third World Network
• Women’s Working Group on Financing for Development
• Ubuntu
• International Trade Union Confederation
• AWEPON

NGOs that are not familiar with the FfD process and want to engage in the Doha Review Conference and its preparatory process are encouraged to contact one of these networks. NGOs that are in consultative status with ECOSOC or accredited to the FfD process and wish to serve as a facilitating group on FfD should contact NGLS or the FfD Office.

back to top


Documentation

- First Draft of Doha Outcome Document

- Report of the Secretary-General on "The latest developments related to the review process on financing for development and the implementation of the Monterrey Consensus" (advance unedited version)

- Report of the Secretary-General on "The international financial system and development" (A/63/96)

- Resolution on "Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus" (A/RES/62/187)

- Final Report of the Conference on Financing for Development, Monterrey (including Monterrey Consensus), 22 March 2002

- Follow-up to and implementation of the outcome of the International Conference on Financing for Development, 2006: A/61/221

- Documentation related to the Special High-level Meeting of the Economic and Social Council with the Bretton Woods institutions, the World Trade Organization and the United Nations Conference on Trade and Development

- 2007 Report of the Secretary-General on "Follow-up to and implementation of the outcome of the International Conference on Financing for Development" - Advance unedited version

- Note by the Secretary-General on "Proposed organization of work of the High-level Dialogue on Financing for Development" - Advance Unedited Version

- 2007 Report of the Secretary-General on "International financial system and development" - (A/62/119)

back to top


Resources

The Road to Doha

In the run-up to the International Conference to Review the Implementation of the Monterrey Consensus to be held in Doha, Qatar in the second half of 2008 (A/RES/61/191) FFDO/DESA and NGLS launched ’The Road to Doha.’ The aim of this monthly newsletter is to help keep all relevant stakeholders informed on the latest developments and events on the road leading to the Doha conference. Issues include contributions from members of civil society as well as government and UN officials.

Please click on the links below to view the pdf files of past issues.

Issue 1 - February 2007
Issue 2 - March 2007
Issue 3 - April 2007
Issue 4 - May 2007
Issue 5 - June 2007
Issue 6 - July 2007
Issue 7 - August 2007
Issue 8 - September 2007
Issue 9 - October/November 2007
Issue 10 - December 2007
Issue 11 - January 2008
Issue 12 - February 2008
Issue 13 - March/April 2008
Issue 14 - May 2008
Issue 15 - June 2008
Issue 16 - July 2008
Issue 17 - August 2008

Financing for Development and Gender Equality

Many stakeholders are particularly interested in the relationship between financing for development on the one hand and gender equality and the empowerment of women on the other. This webpage, developed by NGLS, aims to explain how the Monterrey Consensus takes on this issue and its perceived shortcomings in this regard. It also links to resources emanating from the UN System and civil society.

- http://www.un-ngls.org/site/article.php3?id_article=453

Aid Effectiveness

This webpage, prepared by NGLS, is intended to give an overview of what the term ’aid effectiveness’ means, how it is being discussed and how that discussion relates to discussions on FfD. It also links to resources emanating from the UN System and civil society.

- http://www.un-ngls.org/site/article.php3?id_article=451

Gender Equality and Aid Effectiveness

This webpage, prepared by NGLS, is intended to explain the role of gender equality and the empowerment of women in current discussions on aid effectiveness and the Paris Declaration. It also links to resources emanating from the UN System and civil society.

- http://www.un-ngls.org/site/article.php3?id_article=452

NGLS Summary Reports

The Role of Aid in Financing Development: A multistakeholder panel discussion organized by UNIFEM and NGLS, 15 April 2008

Summary of the 2007 GA High-level Dialogue on Financing for Development (23-25 October)

Summary of 2007 Informal Interactive Hearings with Civil Society on Financing for Development (22 October 2007)

Notes from NGLS/UNIFEM/Social Watch side event: “Gender Perspectives on Development, Aid, and Trade”(24 October 2007)

Summary of GA Second Committee Special Event: “Financing for gender equality within the context of follow-up to the Monterrey Consensus” (12 November 2007)

Summary of GA Second Committee Special Event: “Moving Out of Aid Dependency” (16 November 2007)

NGLS Roundups

Roundup 91 - May 2002: Building Momentum for Financing Development

Roundup 83 - November 2001: Financing for Development, Third Resumed Session of PrepCom

Roundup 78 - August 2001: FFD Panel Calls for Better Economic Governance

Roundup 71 - April 2001: In-Depth Discussions on Financing for Development

Roundup 65 - January 2001: Financing for Development Hearings With Civil Society

Further Resources

Other useful resources, including all official documentation and other reports, can be found on the FFDO website: www.un.org/esa/ffd

back to top


Contact

For more information on the Financing for Development process, either contact NGLS (ngls@un.org) or Daniel Platz, civil society focal point in the FFDO (ffdoffice@un.org)

back to top

Archive of this section