New deal struck on development financing at Addis conference
The UN General Assembly has endorsed a new global action agenda for financing the sustainable development goals at the third annual conference on Financing for Development held in Addis Ababa from the 13-16 July 2015.
The Addis Ababa Action Agenda has produced mixed reactions – hailed as “historic” by the UN, reactions elsewhere have been more mixed, with widespread frustration at the failure to establish a global tax body.
Reactions from Commonwealth delegates to the Conference can be viewed here and a 60 second summary of the Addis Summit put together by the Commonwealth Secretariat can be accessed here. See also Commonwealth Foundation Director Vijay Krishnarayan’s blog reflecting on the event.