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      The United Nations, as the only global institution mandated to address economic and 
      social challenges where developing countries have an equal say, is the space to call for a systemic transformation of the global financial architecture. This is where the UN Financing for Development (FfD) process comes in – as a space to advance on the systemic changes we urgently need to see. 

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  • UNECA Africa FfD Consultation - Addis Ababa - Nove...
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November 19, 2024

UNECA Africa FfD Consultation - Addis Ababa - November 18-19, 2024

In the lead-up to the Fourth International Conference on Financing for Development (FfD4), the Africa regional consultation played a pivotal role in shaping the continent's agenda and priorities. Grounded in the discussions from the second session of the Committee on Economic Governance (CEG) held on November 16-17, 2024, this consultation provided a critical platform to examine Africa’s specific financing needs and strategies for advocating them in the global arena.

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Civil society commends the efforts made during this consultation to tackle pressing questions central to Africa’s economic and financial development, including:

  • Closing the Financing Gap: What practical steps can be identified to address Africa’s unique needs for bridging financing gaps and building an equitable and inclusive Global Financial Architecture?

  • Global Financial Architecture: How can FfD4 directly address African challenges within the broader context of international rules for taxation, trade, investment, and finance?

  • Action-Oriented Proposals: What politically feasible and ambitious proposals did African Member States agree to take forward to the FfD4 in 2025?

  • Restoring Trust in Multilateralism: How can the outcomes of FfD4 help rebuild trust in global partnerships and multilateralism, particularly for African nations?

You can visit the official site here: https://www.uneca.org/eca-events/regional-consultation-fourth-international-conference-financing-development-africa

And download the programme here to learn more about Civil Society's engagement

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Civil Society Financing For Development Mechanism
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The CS FfD Mechanism is an open civil society platform including several hundreds of organizations and networks from diverse regions and constituencies around the world. CS FfD Mechanism’s core principle is ensuring that civil society can speak with one collective voice.
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