The new Global Financing Facility: a model for financing the Sustainable Development Goals?
Global Policy Watch briefing #6 by Jens Martens
While negotiations on Financing for Development and the means of implementation of the Sustainable Development Goals (SDGs) within the UN are deadlocked, a new Global Financing Facility (GFF) in support of Every Woman Every Child is going to be established outside of the UN. The creation of the GFF was initiated by the World Bank and the governments of Canada, Norway, and the United States, and announced at the UN General Assembly in September 2014. It will be officially launched in July 2015, at the third Financing for Development Conference in Addis Ababa, Ethiopia.
Civil Society Financing for Development (FfD) MECHANISM 