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Financing for Development Conference

Aid Effectiveness, Budget/funding, Poverty, Trade, News/feature, Global, 2015
Irish delegation to the Third International Financing Conference in Addis ababa

Ireland’s delegation to the Third International Financing for Development Conference was led by Minister of State for Development, Seán Sherlock

The Third International Conference on Financing for Development gathers high-level political representatives, including Heads of State and Government, and Ministers of Finance, Foreign Affairs and Development Cooperation. The Conference will adopt an intergovernmental agreement to establish a durable and sustainable financial framework to support the Sustainable Development Goals.

A comprehensive agreement at Addis is vital to ensuring the success of the Sustainable Development Goals negotiations in New York in September, which Ireland co-chairs with Kenya.

A comprehensive agreement at Addis is vital to ensuring the success of the Sustainable Development Goals negotiations in New York in September, which Ireland co-chairs with Kenya. The draft Outcome Document addresses domestic and international public finance, including Overseas Development Assistance; tax mobilisation, private finance; trade; science, technology and innovation; debt; systematic issues; and monitoring, review and accountability. As with the Sustainable Development Goals, commitments will be universal, applying to developed and developing countries alike. 

Minister Sherlock delivered Ireland’s National Statement at the conference, expressing Ireland’s ongoing commitment to reaching the 0.7% commitment, while also highlighting the need for other types of finance including domestic resource mobilisation for development, taxation, curbing illicit financial flows, trade, and private sector finance.

Minister Sherlock also participated in three important conference events: 

While in Ethiopia, Minister Sherlock is also participating in two important events with Irish organisations in Ethiopia – the signing of Memorandum of Understanding between the Ethiopian Ministry of Agriculture and Maggrow, an Irish agriculture company supported through Ireland’s Africa Agri-Food Development Fund; and a conference on “Agriculture for Nutrition” organised by Agridiet, a University College Cork research programme aimed at enhancing nutrition in Ethiopia and Tanzania through agricultural policies and programmes.  

Read Minister Sherlock’s National Statement at the Financing for Development conference

Learn more about the Sustainable Development Goals

Learn more about Ireland’s co-facilitation role

Follow the conference on Twitter or Facebook #FFD3