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External event

Conference

OECD Global Forum on Development

Post-21015 Financing for Sustainable Development

Matching the level of ambition of the post-2015 Sustainable Development Goals with adequate means of implementation – including financing – will be the lynchpin of success in future development efforts. To date, the international debate has necessarily focused on the big picture, providing an aggregated perspective does not capture the specific, complex realities in developing countries yet.

The 2015 Global Forum on Development provided the opportunity to discuss these dimensions by looking into the following issues:

• How do developing countries interpret the global policy agenda — as set out by the United Nations (UN), the OECD and others — on the ground?
• How can goals and their financing be realistically tracked?
• What national constraints and conditions govern development finance policy and practice?
• What does the state of play reveal about national development financing realities vis-à-vis the overarching financing for development discussions?
• What are the views and roles that non-state actors (such as private sector, foundations, institutional investors) can play in the SDGs’ implementation?

The Global Forum on Development offered a timely opportunity to explore these unknowns with a broad set of experts, practitioners, non-state actors and policy makers ahead of the third UN Financing for Development Conference in Addis Ababa (July 2015). It brought to the forefront how different streams of finance work together, emphasised country experiences of success, while also identified where main bottlenecks to coherent policy approaches were encountered at the national level. It offered an opportunity for policy makers from developed and developing countries to engage with non-traditional actors – such as foundations, enterprises and institutional investors – that were called upon to play an important role in implementing the SDGs.

ECDPM’s James Mackie was in attendance and a embargoed preview of the European Report on Development 2015: ‘Combining finance and policies to implement a transformative post-2015 development agenda’ was previewed at a lunchtime event.