Asia-Pacific High-Level Consultation on Financing for Development
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
Group photo of high level participants at the Asia-Pacific High-Level Consultation on Financing for Development
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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.
Conference Documents
Draft Discussion Papers
- Sustainable Development Financing: Perspectives from Asia and the Pacific
- Financing Sustainable Development – What can we learn from the Australian experience of reform?
- Financing Small and Medium Sized Enterprises for Sustainable Development: A View from the Asia-Pacific Region
- Inclusive Finance in the Asia‐Pacific Region: Trends and Approaches
- Climate finance in the Asia-Pacific: Trends and Innovative Approaches
- Financing Development Gaps in the Countries with Special Needs in the Asia-Pacific Region
- Trade Finance for Sustainable Development in Asia and the Pacific
- Capital Market Development and Emergence of Institutional Investors in the Asia-Pacific Region
- Financing Disaster Risk Reduction for sustainable development in Asia and the Pacific
- Financing the Social Sector: Regional Challenges and Opportunities
- Financing for Development: Infrastructure Development in the Pacific Islands
- Infrastructure Financing, Public-private Partnerships, and Development in the Asia-Pacific region
- Polarizing world: GDP, development and beyond
- Financing Statistics Development in Asia and the Pacific
Related Links & Resources
- Financing for Development (DESA)
- Intergovernmental Committee of Experts on Sustainable Development Financing
- Implementing the Monterrey Consensus in Asia and the Pacific
- Sustainable Development Solutions Network
- Theme Study of the 68th Commission Session on Growing Together: Economic integration for an inclusive and sustainable Asia-Pacific century
- Economic and Social Survey of Asia and the Pacific
Presentations & Papers
Statements
Session 1: Asia-Pacific regional context: financing in a changing development landscape
Session 2: Domestic resource mobilization for social sector financing
- Noelene Nabulivou, Political Advisor, Diverse Voices & Action for Equality, Fiji
- Noriyuki Suzuki, General Secretary, ITUC-Asia Pacific, Singapore
- Sugeng Bahagijo, Executive Director for INFID, Indonesia
Session 3: Infrastructure financing: regional institutions and institutional investors
- Rajiv Biswas, Chief Asia Economist, IHS Global Insight, Singapore
- Richard Jones Neves, Financial Secretary, Ministry of Finance, Cook Islands
- Robert Pakpahan, Director General for Financing and Risk Management, Ministry of Finance, Indonesia
- Susan Prado, Executive Vice-President and Chief Financial Officer, Development Bank of the Philippines
- akeshi Osuga, Ambassador and Deputy Director-General for International Cooperation and Global Issues, Ministry of Foreign Affairs, Japan
Session 4: Finance for sustainable cities, technology and small entrepreneurs
- Armenak Darbinyan, Board Member of the Central Bank, Armenia
- Michael Lindfield, Senior Director, SMART Infrastructure Facility, Australia
- Naoyuki Yoshino, Dean, Asian Development Bank Institute
- Phillia Wibowo, Partner, McKinsey & Company
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