Asia-Pacific High-Level Consultation on Financing for Development

Date: 
29 Apr 2015 to 30 Apr 2015
Location: 
Jakarta, Indonesia

The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and the Ministry of Finance, Republic of Indonesia will co-host Asia-Pacific High-Level Consultation on Financing for Development on 29-30 April 2015 in Jakarta, Indonesia.

Objectives

2015 is a year of global action, a milestone year when the international community is expected to adopt a transformative post-2015 development agenda, with a set of sustainable development goals (SDGs), and a universal and meaningful climate change agreement. Countries in the Asia-Pacific region are already actively engaged in these global negotiations while introducing innovative policies at home to further reduce extreme poverty, turn the tide of rising socio-economic inequalities, invest in human capital and decent jobs, expand productivity-enhancing infrastructure, and address environmental and climate-related challenges.

In this context, financing plays a critical role. In fact, without a far-reaching financing strategy, our visionary goals and new agreements will not be deliverable. At the global level, the upcoming Third International Conference on Financing for Development, from 13 to 16 July 2015 in Addis Ababa, aims to lay out the financing and partnership framework for the post-2015 development agenda. The Asia-Pacific Consultation is being convened at the request of the United Nations General Assembly to convey the region’s perspectives and recommendations to this conference.

The consultation will provide an opportunity for member and associate members of the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) and other stakeholders such as private sector, academia and civil society organizations to both reevaluate the role of traditional sources of finance and explore innovative instruments and tools to fund investments in the economic, social and environmental dimensions of sustainable development.

Media

Dr. Shamshad Akhtar (front row, centre-right), Under-Secretary-General for the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP) along with other delegates and officials at the Asia-Pacific High Level Consultation on Financing for Development Plenary in Jakarta, Indonesia. 29 April 2015<br />
 Photo Credit: UNESCAP/Robert Spaull

Group photo of high level participants at the Asia-Pacific High-Level Consultation on Financing for Development

Download the full resolution picture.

Expected Outcome

The Chair's Summary of the regional consultation containing discussions and recommendations related to the mobilization and effective use of financial resources in Asia and the Pacific, will provide the region’s input into the preparations and outcomes of the Third International Conference on Financing for Development from 13 to 16 July, 2015 in Addis Ababa, Ethiopia. Importantly, the deliberations will significantly contribute to the United Nations summit in September 2015 for the adoption of the post-2015 development agenda, as well as the United Nations Climate Change Conference (COP21) in December 2015.

Chair's Summary
[English only]

Conference Documents

Concept Note
[English only]
Programme
[English only]
List of Participants
[English only]

Draft Discussion Papers

Related Links & Resources

Presentations & Papers

Statements

Session 1: Asia-Pacific regional context: financing in a changing development landscape

Session 2: Domestic resource mobilization for social sector financing

Session 3: Infrastructure financing: regional institutions and institutional investors

Session 4: Finance for sustainable cities, technology and small entrepreneurs

Session 5: Financing development gaps in least developed countries, landlocked developing countries and small island developing States

Session 6: Climate finance

Session 7: Regional development cooperation and partnerships