Interventions: Climate Change and Sustainable Development:

3rd International Conference on Financing for Development

13-16 July 2015, Addis Ababa
In the 3rd Conference on Financing for Development, Indian state minister for finance Mr. Jayant Sinha expressed deep disappointment over the Conference not taking up the issue of an intergovernmental tax body, which India espoused strongly on behalf of the G-77. The event discuss how sustainable development goals, which have high priority on the post 2015 development agenda of the United Nations can be financed. The conference’s outcome document — better known as the Addis Ababa Action Agenda — represents the world’s plan to implement and finance the new post-2015 development agenda. And although it expresses global support for an array of measures aimed at helping developing countries achieve self-reliance and sustainable economic transformation by raising domestic revenues and attracting private finance, it lacks the teeth needed to scale up existing resources and draw increased official aid from traditional donors. During this Ajay Jha participated in a number of side events on behalf of BCPH and expressed its views on Financing for Development.