2015 will be a critical year for international development finance. The Sustainable Development Goals will shape the global priorities for economic, environmental and social development to 2030, while the Financing for Development (FfD) Conference in Addis Ababa in July will agree how the world can finance these global ambitions.
International public finance will play a crucial role in putting priorities into practice. But given its changing nature, and the proliferation of new sources and mechanisms of development finance, how can it meet the challenges of our new era?
To set the stage for these debates, ODI and a global coalition of partners, including UNDP, CEPEI, ACET, CABRI, ESRF, DFI, DI and the Brookings Institution, hosted ‘Financing the Future: Fresh Perspectives on Global Development’. The conference, held 17-18 March 2015 in Accra, Ghana, explored how international public finance can best contribute to accelerating progress in development from 2015 – identifying specific contributions to the Financing for Development process and influencing key decision-makers ahead of the July summit.
Convening high-level speakers from around the world in Ghana, an emerging African economy responding to a fast evolving development finance landscape, allowed for a discussion on the continued challenges middle–income countries face in the new era.
- Seth Terkpur, Minister of finance, Ghana (TBC)
- Kevin Watkins, Executive Director, ODI
- Dr Samura Kamara, Minister of Foreign Affairs and International Cooperation, Sierra Leone
- Mahmoud Mohieldin, Corporate Secretary/President’s Special Envoy on the Post-2015 Process
- Wu Hungbo, Under-Secretary General, UN-Department for Economic and Social Affairs (TBC)
- Inge Kaul, Adjunct Professor at Hertie School of Governance, Berlin
- Julia Prescot, Partner and Chief Strategy Officer, Meridiam Infrastructure
- Susan Fine, U.S. Agency for International Development Mission Director in Senegal
- Joe Amoako-Tuffour, Senior Advisor at African Centre for Economic Transformation (ACET) and a Professor of Economics at St. Xavier University
- Michael Atingi Ego, Deputy Director, African Department, International Monetary Fund
- Jon Lomøy, Director of the Development Cooperation Directorate, OECD
- Alexander Trepelkov, Head of Financing for Development Office, UN-DESA (TBC)
- Ambassador George Talbot, Permanent Representative of Guyana to the UN and co-Chair of the Financing for Development process
- Fanwell Bokosi, Executive Director, African Forum and Network on Debt and Development
- Shari Spiegel, Chief, Policy Analysis & Development Branch, Financing for Development Office, UN-DESA
- Romilly Greenhill, Research Fellow, Overseas Development Institute
- Paul Steele, Chief Economist, International Institute for Environment and Development
- Leslie Nelson, Chief Executive Office, GE Ghana
- Mamadou Moustapha Ba, Director General of Finance Ministry of Economy, Finance and Planning, Senegal
- Sahr Lahal Jusu, Director of Debt, Ministry of Finance and Economic Development, Sierra Leone
- Adelino Santiago Castelo David, Advisor to the Minister of Finance and Public Administration, São Tomé and Príncipe
- Alimatou Zongo Kabore, Director of the Coordination and Effectiveness of Official Development Assistance, Ministry of the Economy and Finance, Burkina Faso
- Andrew Rogerson, Research Associate, Overseas Development Institute
- Amadou Sy, Senior Fellow, Africa Growth Initiative, Brookings Institution
- Charles Lwanga Ntale, Regional Director East and Central Africa, Development Initiatives
- Peter Chowla, Economic Affairs Offi cer, Financing for Development Offi ce UN-DESA
- Neil Cole, Executive Secretary, Collaborative Africa Budget Reform Initiative
- Chiara Mariotti, Research Offi cer, Overseas Development Institute
- Albert Kan-Dapaah, Financial Accountability and Transparency-Africa
- Gregory Adams, Director of Aid Effectiveness, Oxfam USA
- Annalisa Prizzon, Research Fellow, Overseas Development Institute (Rapporteur)
- Martín Rivero, Executive Director Uruguay Agency for International Cooperation and Executive Secretary of the Ibero-American Program to Strengthen South-South Cooperation
Development Initiatives and ODI hosted a workshop following the conference to give attendees the opportunity to dig deeper into the data and evidence around financing for development.
Date: 19 March 2015
Venue: La Palm Royal Hotel, Accra, Ghana
Refreshments and lunch provided
Session 1: Targeting resources to end poverty
9am – 11am
DI will be giving participants an exclusive sneak preview of their Development Data Hub, launching in April 2015. The Development Data Hub is a groundbreaking new resource for development combining an extensive data store with interactive visualisations so that you can chart, map and compare resource flows against poverty, social and vulnerability indicators at a global, national and sub-national level.
The interactive session will enable participants to get critical insights and answer some of today’s most pertinent questions for those interested in development finance. These include how the mix of resources is allocated in relation to need down to the country level, what resources such as official development assistance and other official flows really consist of when you ‘unbundle’ them, and how these vary across countries. The workshop will also explore how money is allocated at the national level and where new resources will need to be mobilised if we are to end poverty by 2030.
DI will also present on the experiences of practitioners translating international commitments into national policy and delivering impact – giving invaluable insight in the context of developing new commitments in the post-2015 agenda.
Session 2: Age of Choice: How are developing countries managing the new development finance landscape?
11:30am – 1pm
‘Age of Choice’ is an ODI project which looks at the opportunities and challenges of managing new sources of development finance. A new ‘age of choice’ of external financing options for developing countries is dawning, and it is set to challenge the primacy of traditional as well as the capacity of partner countries to manage the complexity of this new aid landscape.
In this workshop, ODI researchers will share findings of country case studies looking at the challenges and opportunities for partner countries in managing the new development finance landscape. The presentation will offer lessons from the country case studies conducted in Cambodia, Ethiopia, Ghana, Fiji, Papua New Guinea, Senegal, Timor-Leste, Vanuatu, Viet Nam and Zambia since summer 2012. This session will offer a platform to discuss the findings across these country case studies and to share experiences and lessons on the management of development finance from the perspective of partner countries.
If you need to get in touch about the workshop please email DI.email@example.com