Summary
The session will explore opportunities ahead of the 2025 Financing for Development Conference and World Social Summit to review commitments under the Pact for the Future on financing and financial architecture reform.
Description
Bringing together key stakeholders, including representatives from Member States, the UN system, and civil society organisations, the session will assess the state of commitments made in the Summit of the Future, identify areas requiring further attention, and discuss strategies for the upcoming 4th International Conference on Financing for Development (4FfD) in 2025. By fostering collaboration and exchange, the event seeks to align efforts towards building a sustainable and resilient global financial system.
Organized by the ImPACT Coalition on International Financial Architecture Reform and Financing for Development (IFA-FfD), the Governments of Spain and South Africa, UN DESA, UN Habitat, and ECLAC, this session builds on the Coalition’s work in supporting the UN’s multilateral agenda, including the Summit of the Future (SoTF). Co-led by Club de Madrid and the Global Public Investment Network, and comprising over 60 civil society organizations and Member States, the Coalition is committed to advancing discussions on financing for development, resilience, and climate action. This side event will provide an opportunity to review key achievements, engage stakeholders in formulating follow-up strategies, and highlight the critical role of civil society in shaping a more equitable and inclusive financial architecture ahead of the 2025 conference.
Side Event organized by: Club de Madrid (co-lead), Global Public Investment Network (co-lead), Caribbean Policy Research Institute (CAPRI), Center for Economic and Social Rights, Coalition for the UN We Need (C4UN), Council on Energy, Environment & Water (CEEW), Green Economy Coalition (hosted by IIED and IIED Europe), Group of Women Leaders (GWL Voices), Igarapé Institute, Intergenerational Centre for Global Action (ICGA), New York University – Center on International Cooperation, Plataforma CIPÓ, Saint Louis University Madrid, South African Institute of International Affairs (SAIIA), Stimson Center, United Nations Foundation, United Nations University Center for Policy Research, World Benchmarking Alliance, World Farmers´ Organisation, The Coalition for the UN We Need (C4UN), Government of Spain, Government of South Africa, UN DESA, Economic Commission for Latin America and the Caribbean, UN Habitat, UNCTAD.
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To generate additional opportunities for the engagement of all actors, the Secretary-General of the United Nations is convening the Summit of the Future Action Days on 20 and 21 September 2024 at United Nations Headquarters in New York.
Bringing together representatives from Member States, civil society, private sector, academia, local and regional authorities, youth, and many more, the Action Days will provide an opportunity for broad engagement and inclusion. These stakeholders have all played a key role in shaping the Pact for the Future and will be critical to its implementation.
Side events provide further insights and opportunities for multi-stakeholder collaboration.
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