Global Call to Action Against Poverty (GCAP) organized the Global People’s Assembly 2022 where the Civil Society Financing for Development group highlighted the need for the next FfD conference by organizing a session ‘Towards a Fourth FfD Conference (FfD4): Democratising Global Economic Governance for the RtD & SDGs’.
Towards a Fourth FfD Conference (FfD4): Democratising Global Economic Governance for the RtD & SDGs
Organized by Civil Society Financing for Development (CS FfD) Group
Co-organized by CSO Partnership for Development Effectiveness, Eurodad, Gestos, IBON International, Latindadd, Tax Justice Network Africa, Society for International Development.
The seventh FfD Forum concluded in April 2022 with member states mandating the UN General Assembly to decide on convening the next FfD conference. FfD4 could provide the political space for global systemic reforms that can expand the policy and fiscal space of the Global South to realise the Right to Development and advance the 2030 Agenda. Decisions such as agreeing a UN multilateral legal framework that would comprehensively address unsustainable and illegitimate debt, including through extensive debt cancellation. Or the need to establish a universal, UN intergovernmental tax body and negotiate a UN Tax Convention to comprehensively address tax havens, tax abuse by multinational corporations and other illicit financial flows through a truly universal, intergovernmental process at the UN, are among several other systemic challenges that need to be addressed. This is why it is essential to urgently confirm the new ministerial FfD conference with a strong preparatory process of intergovernmental negotiations that would allow civil society to call on our governments to agree on much more ambitious mandates and decisions.
Watch the Session
Highlights from the Session
Global People’s Assembly 2022 Declaration
Seven years after the adoption of the Sustainable Development Goals — nearly halfway to the Agenda 2030 Deadline — the visionary promise of social justice and a fair, rights–based, equitable and ecologically–just world for all appears more remote than ever, despite the hard work and best efforts of civil society and dedicated activists across the globe. Read the full Global People’s Assembly 2022 Declaration here.