Policy Brief 19, July 2015

Financing for Development Conference 2015: A View from the South

On 19 July 2014 the Open Working Group on Sustainable Development Goals (SDGs) of the United Nations agreed on a draft of a set of 17 Sustainable Development Goals, taking the first steps toward a renewed development agenda for after 2015. The effort to agree on the SDGs was the follow up to the Millennium Development Goals (MDGs), whose end-date is 2015. Aside from the 17 specific goals, the draft SDGs included 169 associated targets.

To mobilize the resources for a renewed development agenda beginning in January of next year, the General Assembly agreed in December 2013 to convene the third international gathering on financing for development, which will take place 13-16 July 2015 in Addis Ababa. The enlarged number of goals and associated targets reflects the ambitious 1992 concept of “sustainable development” defined in Rio de Janeiro by conference participants as the joint realization of three dimensions: environmental recuperation/revitalization, social progress, and economic development.

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