Report of the Follow-Up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus

Report of the Follow-Up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus

A/CONF.212/7 United Nations Report of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus Doha, Qatar, 29 November-2 December 2008 Report of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus Doha, Qatar, 29 November-2 December 2008 United Nations • New York, 2009 A/CONF.212/7 Note Symbols of United Nations documents are composed of capital letters combined with figures. The designations employed and the presentation of the material in this publication do not imply the expression of any opinion whatsoever on the part of the Secretariat of the United Nations concerning the legal status of any country, territory, city or area or of its authorities, or concerning the delimitation of its frontiers. A/CONF.212/7 United Nations publication Sales No. 09.II.A.1 ISBN 978-92-1-104594-9 Contents Chapter Page I. Resolutions adopted by the Conference............................................. 1 1. Doha Declaration on Financing for Development: outcome document of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus................................ 1 2. Expression of thanks to the people and Government of Qatar .................. 24 3. Credentials of representatives to the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus ............................................................ 25 II. Attendance and organization of work .............................................. 26 A. Date and place of the Conference ............................................. 26 B. Attendance................................................................ 26 C. Opening of the Conference................................................... 27 D. Election of the President of the Conference ..................................... 27 E. Adoption of the rules of procedure ............................................ 27 F. Adoption of the agenda and other organizational matters .......................... 28 G. Election of officers other than the President..................................... 29 H. Election of the Vice-President ex officio of the Conference ........................ 29 I. Election of the Rapporteur-General............................................ 29 J. Organization of work, including the establishment of the Main Committee ........... 29 K. Credentials of representatives to the Conference ................................. 29 III. General debate on financing for development........................................ 30 A. General exchange of views................................................... 30 B. Consideration of the draft outcome document of the Conference .................... 34 IV. Multi-stakeholder round tables.................................................... 36 V. Report of the Credentials Committee............................................... 41 VI. Adoption of the outcome document of the Conference ................................ 43 VII. Adoption of the report of the Conference ........................................... 44 VIII. Closure of the Conference ....................................................... 45 iii Annexes I. List of documents .............................................................. 46 II. Opening statements ............................................................. 48 III. Summaries of plenary meetings and round-table discussions ........................... 59 IV. Parallel and associated activities .................................................. 82 A. Global Civil Society Forum .................................................. 82 B. International Business Forum ................................................ 83 C. Parliamentary Hearing ...................................................... 83 iv A/CONF.212/7 Chapter I Resolutions adopted by the Conference Resolution 1* Doha Declaration on Financing for Development: outcome document of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus The Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus, Having met in Doha, Qatar, from 29 November to 2 December 2008, 1. Adopts the Doha Declaration on Financing for Development: outcome document of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus, which is annexed to the present resolution; 2. Recommends to the General Assembly that it endorse, during the main part of its sixty-third session, the Doha Declaration on Financing for Development as adopted by the Conference. Annex Doha Declaration on Financing for Development: outcome document of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus Introduction Reaffirming the goals and commitments of the Monterrey Consensus 1. We, Heads of State and Government and High Representatives, gathered in Doha, Qatar, from 29 November to 2 December 2008, almost seven years after the landmark International Conference on Financing for Development,1 held in Monterrey, Mexico, reiterate our resolve to take concrete action to implement the Monterrey Consensus and address the challenges of financing for development in the spirit of global partnership and solidarity. We once again commit ourselves to eradicate poverty, achieve sustained economic growth and promote sustainable development as we advance to a fully inclusive and equitable global economic system. __________________ * Adopted at the 7th plenary meeting, on 2 December 2008; for the discussion, see chap. VI. The Declaration was subsequently endorsed by the General Assembly in its resolution 63/239 of 24 December 2008. 1 Report of the International Conference on Financing for Development, Monterrey, Mexico, 18-22 March 2002 (United Nations publication, Sales No. E.02.II.A.7). 09-22424 1 A/CONF.212/7 2. We reaffirm the Monterrey Consensus2 in its entirety, in its integrity and holistic approach, and recognize that mobilizing financial resources for development and the effective use of all those resources are central to the global partnership for sustainable development, including in support of the achievement of the internationally agreed development goals, including the Millennium Development Goals. We also reaffirm the importance of freedom, peace and security, respect for all human rights, including the right to development, the rule of law, gender equality and an overall commitment to just and democratic societies for development, as spelled out in the Monterrey Consensus. We reiterate that each country has primary responsibility for its own economic and social development and that the role of national policies, domestic resources and development strategies cannot be overemphasized. At the same time, domestic economies are now interwoven with the global economic system and, inter alia, the effective use of trade and investment opportunities can help countries to fight poverty. National development efforts need to be supported by an enabling international economic environment. 3. We recognize that the international context has changed in profound ways since we met in Monterrey. There has been progress in some areas, but inequality has widened. We welcome the substantial increase in public and private flows since 2002, which has contributed to higher economic growth in most developing countries and a reduction in global poverty rates. Yet we express our deep concern that the international community is now challenged by the severe impact on development of multiple, interrelated global crises and challenges, such as increased food insecurity, volatile energy and commodity prices, climate change and a global financial crisis, as well as the lack of results so far in the multilateral trade negotiations and a loss of confidence in the international economic system. While acknowledging the response of the international community to these crises and challenges to date, such as the High-level Conference on World Food Security, held in Rome from 3 to 5 June 2008, and the recent Summit on Financial Markets and the World Economy, held in Washington, D.C., on 15 November 2008, we are determined to take immediate and decisive actions and initiatives to overcome all these obstacles and challenges through achievement of people-centred development and to devise important measures for the full, effective and timely implementation of the Monterrey Consensus. 4. We recall that gender equality is a basic human right, a fundamental value and an issue of social justice; it is essential for economic growth, poverty reduction, environmental sustainability and development effectiveness. We reiterate the need for gender mainstreaming into the formulation and implementation of development policies, including financing for development policies, and for dedicated resources. We commit ourselves to increasing our efforts to fulfil our commitments regarding gender equality and the empowerment of women. 5. The spectre of terrorism continues to haunt us and is on the rise. This has serious implications for economic development and social cohesion, apart from its horrific human misery. We resolve to act together stronger than ever to address terrorism in all its forms and manifestations. __________________

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