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113:). The two key messages included in the document were a strong commitment by developed countries to maintain their Official Development Assistance (ODA) targets irrespective of the current financial crisis, and a decision to hold a UN Conference at the highest level on the impact of the current financial and economic crisis on development.
92:(0.18% of its gross domestic product in 2008), is still well below the 0.7% target, which it endorsed in the Consensus. It is much lower than some other developed countries, especially those in Northern Europe. The United Kingdom, for example, reached its target of giving at least 0.7% of GNI in official aid in 2014.
58:(WTO), prominent business and civil society leaders and other stakeholders. New development aid commitments from the United States and the European Union and other countries were made at the conference. Countries also reached agreements on other issues, including debt relief, fighting corruption, and policy coherence.
162:
In their statements, Member States took stock of the progress made in the implementation of the
Monterrey Consensus, identified obstacles and constraints encountered and put forward ideas and proposals to overcome these difficulties. Many statements focused on the consequences of the global financial
187:
The
Conference was preceded by a high-level retreat on the global financial crisis, hosted on 28 November by the Secretary-General of the United Nations and the Emir of Qatar. The retreat was attended by some 30 Heads of State or Government and ministers from both developed and developing countries,
174:
Six interactive multi-stakeholder round tables were held concurrently with the plenary meetings, centering on the six thematic areas of the
Monterey Consensus. Each round table was co-chaired by two Heads of State or Government and ministers from developing and developed countries and moderated by a
225:
The press noted that few leaders of
Western countries attended the meeting. The meeting was also marked by the absence of the heads of the Bretton Woods institutions (World Bank and IMF). The United States aid chief still thought the meeting was worthwhile, and welcomed the outcome. Other, such as
100:
The Follow-up
International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus (Doha, Qatar, 28 November – 2 December 2008) was attended by some 40 Heads of State or Government, 9 Deputy Heads of State or Government, 50 ministers and 17 vice-ministers of
178:
Panelists included HRH Princess Maxima of the
Netherlands; S-G’s Special Envoys for the Conference, Mr. Trevor Manuel, South African Finance Minister and Ms. Heidemarie Weiczorek-Zeul, German Minister for Development Cooperation. Following presentations by panelists, interactive discussions took
158:
The
Conference was chaired by the Emir of Qatar and included seven plenary meetings. A total of 133 Governments made statements to the plenary. The Secretary-General of the United Nations, the President of the General Assembly, the Director-General of WTO, the Secretary-General of UNCTAD and the
191:
A Global Forum of Civil
Society was held from 26 to 27 November on the theme “Investing in people-centered development” and attracted participation of more than 250 civil society organizations and networks. In addition, an International Business Forum, held on 28 November focused on mobilizing
188:
as well as high-level representatives of the major institutional stakeholders. The retreat was meant to serve as a “bridge” between the discussions on the financial crisis that had taken place among smaller groups of countries and the wider membership of the United
Nations.
200:
More than 50 side events took place at the
Conference site. In the spirit of Monterrey, the organizers were Governments, inter-governmental and non-governmental organizations and the business sector. The issues of inclusive and
122:: the importance of national ownership of development strategies and of an inclusive financial sector, as well as the need for strong policies on good governance, accountability, gender equality and human development.
163:
crisis for development and the need for bold and urgent measures to address them. Much attention was also devoted to the food and energy crises and to the untapped potential of innovative sources of finance.
46:
Over fifty Heads of State and two hundred Ministers of Finance, Foreign Affairs, Development and Trade participated in the event. Governments were joined by the Heads of the United Nations, the
166:
Amb. Oscar de Rojas, a former Venezuelan diplomat and Director of the U.N.'s Financing for Development Office, served as Executive Secretary of both the Doha and Monterrey conferences.
150:: the need to review existing global economic governance arrangements, with a view to comprehensive reforms of the international financial system and institutions.
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for development featured prominently in several side events. High-level speakers included: HRH Princess Maxima of the Netherlands, the President of Tanzania.
84:
Addressing systemic issues: enhancing the coherence and consistency of the international monetary, financial and trading systems in support of development.
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foreign affairs, finance, development cooperation and trade, as well as other high-level officials of 170 States and major institutional stakeholders.
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Following intense intergovernmental negotiations, the Conference concluded with the adoption of the Doha Declaration on Financing for Development (
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128:: the need to improve the enabling environment and to expand the reach of private flows to a greater number of developing countries.
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place among representatives of Member States, inter-governmental organizations, UN agencies, civil society and the business sector.
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The Third International Conference on Financing for Development was held in Addis Ababa from 13 to 16 July 2015. It adopted the
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private sector resources for development and was attended by more than 200 participants from the private sector.
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134:: the importance of concluding the Doha round of multilateral trade negotiations as soon as possible.
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Mobilizing international resources for development: foreign direct investment and other private flows.
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560:"Countries reach historic agreement to generate financing for new sustainable development agenda"
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140:: the need to strengthen crisis prevention mechanisms and to consider enhanced approaches for
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Some critics suggest that the US has ignored the Monterrey Consensus because the amount of US
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The Monterrey Consensus was updated at Doha, Qatar in 2008, and again at Addis Ababa in 2015.
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Administrator and Director of U.S. Foreign Assistance (press release). Archived from
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Since its adoption the Monterrey Consensus has become the major reference point for
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584:
Follow up process to the International Conference on Financing for Development
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Increasing international financial and technical cooperation for development.
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cooperation. The document embraces six areas of Financing for Development:
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531:"Leaders in Doha fail to agree significant development finance reforms"
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http://www.un.org/ga/search/view_doc.asp?symbol=A/CONF.212/7&Lang=E
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477:"United States Welcomes Adoption of Doha Conference Outcome Statement"
35:. It was adopted by Heads of State and Government on 22 March 2002.
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http://www.un.org/esa/ffd/doha/documents/Doha_Declaration_FFD.pdf
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high-level official of the major institutional stakeholders.
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http://www.un.org/esa/desa/desaNews/v13n01/global.html#Doha
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Mobilizing domestic financial resources for development.
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was the outcome of the 2002 Monterrey Conference, the
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International Conference on Financing for Development
418:"Western leaders stay away from UN Doha aid meeting"
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2015 - Third international Conference in Addis Ababa
116:Other main highlights of the Doha Declaration are:
447:"US aid chief denies UN Doha meet a waste of time"
126:Mobilizing international resources for development
75:International Trade as an engine for development.
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132:International trade as an engine for development
588:United Nations Non-Governmental Liaison Service
221:Press and NGO reactions to the Doha Conference
590:Civil society engagement in follow up process
582:UN Department of Economic and Social Affairs
159:Administrator of UNDP spoke at the opening.
216:http://www.un.org/esa/ffd/doha/index.htm
96:2008 follow-up Conference in Doha, Qatar
475:Fore, Henrietta H. (December 2, 2008).
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537:. 2 December 2008. Archived from
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370:"A Simple Pan to Save the World"
295:Development Assistance Committee
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649:2015 in international relations
644:2008 in international relations
639:2002 in international relations
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505:Ninan, Ann (December 4, 2008).
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120:Domestic resource mobilization
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368:Sachs, Jeffrey (May 2004).
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48:International Monetary Fund
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148:Addressing systemic issues
604:International development
283:Addis Ababa Action Agenda
63:international development
614:United Nations documents
56:World Trade Organization
577:The Monterrey Consensus
230:network criticised it.
214:For more information:
511:Business Daily Africa
386:on September 14, 2006
183:Pre-conference events
487:on December 10, 2008
457:). November 29, 2008
305:Washington Consensus
234:Conference website:
203:innovative financing
428:on February 1, 2013
18:Monterrey Consensus
541:on 7 December 2008
256:. You can help by
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562:. United Nations.
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491:2008-12-09
461:2008-12-09
432:2008-12-09
390:2008-12-09
316:References
52:World Bank
29:Monterrey
330:"Events"
289:See also
285:(AAAA).
208:Source:
54:and the
535:Eurodad
422:Reuters
377:Esquire
228:Eurodad
33:Mexico
481:USAID
451:Yahoo
384:(PDF)
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403:See
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