Raising the FfD4 Zero Draft Ambition: Towards a UN Convention on International Development Cooperation

Date & Time: Wednesday, February 12, 1:15-2:30 PM (NY Time)
Location: CR-E (In-person only)

Key Discussion Points:

• A UN Convention on IDC must:

  • Establish norm and rule-setting mechanisms for development cooperation, ensuring coherence and democratizing governance.

  • Provide a unified intergovernmental process under the UN to shape policies and take decisions, with the UN Development Cooperation Forum playing a critical role if granted the appropriate mandate.

  • Reframe IDC as a matter of justice and reparations, rather than charity, addressing historical inequalities perpetuated by the global economic and political framework.

• Establishing Adequate Funding:

  • Set the UN target for 0.7% GNI as a minimum aid commitment while recognizing the estimated $7.2 trillion in unmet aid/ODA commitments as a debt owed to the Global South.

  • Convert these unmet commitments into an unpaid ODA debt to create the necessary fiscal space for poverty eradication and addressing inequalities.

• Ensuring Development Effectiveness:

  • Strengthen the principles of development effectiveness by reaffirming national development strategies as the primary driver of needs-based cooperation.

  • The UN must revitalize and universalize the development effectiveness agenda, ensuring it aligns with contemporary challenges.

• Restoring ODA’s Original Vision:

  • Prevent the diversion of ODA from its intended mandate and ensure its use for poverty eradication and reducing inequality.

  • Reinstate a universal mandate for development cooperation focused on addressing fundamental social and economic disparities.

Join Us:
This event will bring together experts, Member States, and advocates to call for an ambitious UN Convention on International Development Cooperation.

We look forward to your engagement!