ISSUES - FINANCING FOR DEVELOPMENT - FFD GLOBAL FORUM  
   
  FFD CONFERENCE  

CIVIL SOCIETY GLOBAL FORUM:
FINANCING THE RIGHT TO
SUSTAINABLE AND EQUITABLE DEVELOPMENT;
PRECEDING THE FFD CONFERENCE
MARCH 14-16, 2002

"We are here to report to you and the world that we are profoundly displeased with the outcome of the so-called Monterrey Consensus," Paul Nehru Tennassee, representative of the World Confederation of Labor before the United Nations and member of the International Support Committee. [ Read his full address at the Global Forum, March 14 ]

More than 1,500 representatives from civil society and NGOs gathered from March 14 - 16, 2002 in Monterrey, Mexico to discuss concepts and strategies to solve the ongoing social and economic crisis in which many southern countries are caught. The Global Forum.

The Global Forum held the week before the Financing for Development Conference, was intended to "... create an international Forum for civil, social and non-governmental organizations, to push for global civil society's proposals regarding on issues such as environment and gender, labor, economic, social and cultural rights, alternative financing measures and most important the inclusion of a social agenda for the design of the new financing architecture."

The NGO community, stressing their role not as anti-globalists but as part of the Global Justice movement, criticised neo-liberal tendencies and the uncontrolled economic globalisation. Topics discussed at the Global Forum were the need to increase the official development assistance (ODA), the mobilisation of domestic resources, or the social and ecological remodeling of international financial sources; the regulation of international free trade, debt relief, and the international finance and trade systems. The central concern of many of the NGOs was the global economic structure that institutionalises unequal power relations.

The Monterrey NGO statement, released at the closing ceremony of the forum was presented at a side event during the official UN Conference on Financing for Development rtf; 5 pages ]. The statement makes several demands such as more transparency within the international financial system with the goal of greater stability of global markets,· the inclusion of the private sector under binding social and ecological rules or the· implementation of alternative models of financing such as currency transaction taxes to stabilize the international financial system. In addition, NGOs called for a debt cancellation for Southern countries and binding timetables for the ODA increase by the developed countries to 0.7% of GDP. The statement further heavily criticises that the Monterrey Consensus, the draft outcome of the UN FfD conference, does not include any concrete commitments or new ideas and proposals to solve the crisis many countries of the South are finding themselves in.



 

L I N K S

Global Forum web site ]

UN Conference on Financing for Dwevelopment ]

Woman focus in the FfD process: Women's Environment and Development Organisation ]

WEED web site on FfD ]

Sustainable Finance: Seeking Global Financial Security at www.earthsummit2002.org ]


R E S O U R C E S


Report from the Civil society Global Forum, preceding the UN Conference on Financing for Development -- rtf; 3 pages ]

NGO Global Forum statement presented to the Plenary of the International Conference on Financing for Development, March 18, 2002 -- rtf; 5 pages ]

The Monterrey consensus, as agreed at the Ministerial Segment of the UN Conference on financing for Development -- pdf; 17 pages ]

Financing for Sustainable Development; published by IIED, January 2002 -- pdf; 1MB ]

European NGOs Consensus Paper on Financing for Development; as input for the FfD conference preparatory meeting January 2002 -- rtf; 5 pages ] 

Statement of the Mexican Steering Committee at the FfD preparatory meeting, October 2001 -- rtf; 3 pages ]

Read the draft outcome of the conference at UN FfD web site ]

NGO call to EU leaders at Laeken summit, December 2001, for a strong commitment for the Financing for Development conference -- rtf; 2 pages ]

Rethinking the relevance of ODA -- Current trends in the debate on the future of Official Development Assistance; by Jens Martens, issued jointly by the Heinrich Boell Foundation, World Economy, Environment and Development (WEED) and the Global Policy Forum -- pdf, 19 pages, 162 KB ] + [ read intro ]

New World Conferences: New prospects for global environment and development financing? Prospects for breaking new ground in financing; discussion paper by Barbara Unmuessig, issued by the Heinrich Boell Foundation -- pdf, 5 pages, 20 KB ] + [ read intro ]

Friends of the Earth's Recommendations for the UN Financing for Development Process -- rtf; 5 pages ]

IIED's Briefing Paper on Financing for Development -- pdf; 2 pages ] + [ longer version -- pdf; 6 pages ]

Background: the Global Forum at the International Conference on Financing for Development; by the Mexican NGOn Steering Committee -- rtf; 13 pages ] + [ Espanol ]



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L A S T  U P D A T E D   24-jul-03