Follow-Up to and Implementation of the Outcomes of the International Conferences on Financing for Development

A/RES/76/198View PDF

Who created this mandate?

A Resolution of the General Assembly, under agenda item 19Follow-up to and implementation of the outcomes of the International Conferences on Financing for Development, published in 2021.

What other versions does this mandate have?

10 versions · 2017–2025

This is an older version — the most recent is A/RES/80/129

2025A/RES/80/129Follow-up to and implementation of the outcomes of the International Conferences on Financing for DevelopmentLatestCompare with previous version
2024A/RES/79/199Follow-up to and implementation of the outcomes of the International Conferences on Financing for DevelopmentCompare with previous version
2023A/RES/78/231Follow-up to and implementation of the outcomes of the International Conferences on Financing for DevelopmentCompare with previous version
2022A/RES/77/156Follow-up to and implementation of the outcomes of the International Conferences on Financing for DevelopmentCompare with previous version
2022A/RES/76/198Follow-up to and implementation of the outcomes of the International Conferences on Financing for DevelopmentCompare with previous version

Versions are identified automatically by matching titles within the same organ (~97% accuracy on a manual audit).

What subjects does this mandate have?

6 topics

Conferences Consultations Covid-19 Development Assistance Development Finance International Cooperation

Which reports were submitted under this mandate?

1 report of the Secretary-General submitted under this mandate, 2022.

2022A/77/223Follow-up to and implementation of the outcomes of the International Conferences on Financing for Development report of the Secretary-General

Identified automatically from the metadata in each report’s UN Digital Library catalogue record.

What does this mandate say?

21 operative paragraphs

Takes note of the report of the Secretary-General;

Emphasizes the need to work towards the full and timely implementation of the Addis Ababa Action Agenda of the Third International Conference on Financing for Development;

Takes note of the report of the Inter-Agency Task Force on Financing for Development, and notes that progress, though uneven, has been reported in all seven action areas of the Addis Ababa Action Agenda, while acknowledging that many implementation gaps persist;

Recognizes that, in combating the negative impacts caused by the COVID-19 pandemic and in order to achieve a sustainable, inclusive and resilient recovery, a functioning global financial safety net, with a strong, quota-based and adequately resourced International Monetary Fund at its centre, is important to support a global economic recovery, welcomes the special drawing rights allocation of the equivalent of 650 billion dollars of 23 August 2021 to meet the long-term global need to supplement reserve assets, invites Member States able to do so owing to their strong external positions to consider options to voluntarily channel part of their allocated special drawing rights to benefit vulnerable developing countries, in accordance with national laws and regulations, and notes that debt sustainability and liquidity can play an important role in achieving a sustainable, inclusive and resilient recovery and the Sustainable Development Goals;

Welcomes the intergovernmentally agreed conclusions and recommendations of the 2021 Economic and Social Council forum on financing for development follow-up, urges their full, effective and timely implementation, and looks forward to staying engaged so as to assess progress, identify obstacles and challenges in the implementation of the financing for development outcomes and in the delivery of the means of implementation, promote the sharing of lessons learned from experiences at the national and regional levels, address new and emerging topics of relevance to the implementation of this agenda as the need arises and provide policy recommendations for action by the international community in substantive intergovernmentally agreed conclusions and recommendations at the 2022 forum;

Also welcomes in this regard the further development of integrated national financing frameworks, in support of nationally owned sustainable development strategies, in order to further implement the Addis Ababa Action Agenda, aimed at effectively mobilizing and aligning a wide range of financing sources and instruments with the 2030 Agenda for Sustainable Development and making use of the full potential of all means of implementation;

Takes note of the summary by the President of the Economic and Social Council of the 2021 Economic and Social Council forum on financing for development follow-up, as well as the summary by the President of the General Assembly of the High-level Dialogue on Financing for Development, held on 26 September 2019;

Emphasizes that timely and adequate planning for the 2022 Economic and Social Council forum on financing for development follow-up is of paramount importance to its substantive work and outcome;

Invites the President of the Economic and Social Council to take into consideration the deliberations of the 2019 High-level Dialogue on Financing for Development and the summary by the President of the Council on the 2021 forum on financing for development follow-up in the preparation of the 2022 forum;

Recalls that decisions relating to the Economic and Social Council forum on financing for development follow-up are to be contained within the forum’s intergovernmentally agreed conclusions and recommendations;

Takes note of the work of the Committee of Experts on International Cooperation in Tax Matters and the initial contributions made by India to the voluntary trust fund, by Norway to a multi-donor project aimed at supporting the work of the Committee, its subcommittees and related capacity development activities, as well as the contributions by the European Union and other countries in support of the Committee’s subsidiary bodies, and urges Member States to come forward to contribute more to the trust fund in order to further support the participation of developing countries;

Recalls the holding of the 2020 Global Infrastructure Forum from 6 to 8 October 2020, in a virtual setting, invites the multilateral development banks to provide a briefing to Member States on the outcome of the Forum, and reiterates that the Forum is mandated to identify and address infrastructure and capacity gaps in developing countries, particularly in the least developed countries, landlocked developing countries, small island developing States and African countries;

Also recalls the progress made in operationalizing the three components of the Technology Facilitation Mechanism, and welcomes the establishment of the 2030 Connect online platform as part of the Mechanism;

Further recalls the operationalization of the Technology Bank for the Least Developed Countries, and invites Member States, as well as international organizations, foundations and the private sector, to provide increased voluntary financial contributions and technical assistance to ensure its full and effective implementation;

Recalls the convening of the sixth annual multi-stakeholder forum on science, technology and innovation for the Sustainable Development Goals in New York on 4 and 5 May 2021, whose Co-Chairs’ summary served as an input to the high-level political forum on sustainable development and highlighted, inter alia, the promotion of networking and matchmaking among relevant stakeholders, especially innovators, funders and other supporters, to bridge the technology gap for the Sustainable Development Goals;

Also recalls that the Addis Ababa Action Agenda provides a global framework for financing sustainable development and is an integral part of the 2030 Agenda, supports and complements it and helps to contextualize the means of implementation targets with concrete policies and actions, the implementation of which requires following up on, that relate to its seven action areas, namely, domestic public resources; domestic and international private business and finance; international development cooperation; international trade as an engine for development; debt and debt sustainability; addressing systemic issues and science, technology, innovation and capacity-building; and data, monitoring and follow-up;

Reiterates that States will not be able to achieve the ambitious Goals and targets of the 2030 Agenda without a revitalized and enhanced global partnership and comparably ambitious means of implementation, and reaffirms the commitment at the very heart of the 2030 Agenda to leave no one behind and commit to taking more tangible steps to support people in vulnerable situations and the most vulnerable countries and to reach the furthest behind first;

Notes the policy recommendations of the Intergovernmental Group of Experts on Financing for Development of the United Nations Conference on Trade and Development, and that the agreed policy recommendations serve as an input to the Economic and Social Council forum on financing for development follow-up in accordance with the terms of reference of the Intergovernmental Group of Experts;

Also notes that, in order to advance bold and concerted global action to address the impacts on achieving sustainable development in its three dimensions – economic, social and environmental – in a balanced and integrated manner, and achieve a sustainable, inclusive and resilient recovery, and set the world on a path towards the achievement of the Sustainable Development Goals by 2030, COVID-19 response measures, both domestic efforts and multilateral action, as well as multi-stakeholder partnerships that include the private sector, should be geared to supporting medium- and long-term sustainable development, particularly in developing countries, emphasizes the importance of improving investment and financing in sectors that are critical to accelerating the achievement of the 2030 Agenda, the Addis Ababa Action Agenda and other agreed commitments to support countries in special situations, amid the COVID-19 pandemic, stresses the need to promote investments in sustainable, resilient and quality infrastructure, particularly in developing countries, in a manner that has the greatest social, economic and environmental impact, in order to build resilience against shocks for an inclusive, sustainable and resilient recovery and achieve the Sustainable Development Goals, and recognizes the important role of the United Nations development system, the World Bank and other multilateral institutions in addressing the capacity gaps and funding requirements for developing quality, reliable, sustainable and resilient infrastructure projects, especially in developing countries, working through existing initiatives;

Requests the Secretary-General to submit to the General Assembly at its seventy-seventh session an action-oriented report, presenting emerging challenges and key accelerators, for a resilient and sustainable recovery from the economic shocks caused by the COVID-19 pandemic, that may be relevant for future discussion in the framework of the Economic and Social Council forum on financing for development follow-up;

Decides to include in the provisional agenda of its seventy-seventh session the item entitled “Follow-up to and implementation of the outcomes of the International Conferences on Financing for Development”.

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