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Legislative Background

 

1. At its fifty-fifth session (2001), the General Assembly adopted a resolution A/RES/55/245B (entitled " Preparations for the substantive preparatory process and the high-level international intergovernmental event  " ) in which it inter-alia:

1. Stresses the importance of a successful outcome of the International Conference on Financing for Development, as reflected by the heads of State and Government in the United Nations Millennium Declaration,  and expresses appreciation to those heads of State and Government who responded to the letter addressed to them by the Secretary-General in compliance with resolution 55/ 213;

2. Also stresses the importance of effective preparations for the Conference, and welcomes the preparatory activities carried out so far, including the substantive interactive dialogue and contribution of all stakeholders during the third session of the Preparatory Committee for the Conference;

3. Expresses its gratitude to the host country, Mexico, for its announcement regarding the venue and timing of the Conference, and decides that the International Conference on Financing for Development shall be held in Monterrey, capital of the state of Nuevo Le6n, Mexico, from 18 to 22 March 2002;

4. Requests the Secretary-General to continue to provide the preparatory process and the Conference with all the support needed, including a secretariat commensurate with the level of the event and adequate staff and other resources, and including the launching of a global public awareness campaign with as much support as possible from public/ private partnerships in order to ensure, in collaboration with the authorities of the host country, the successful realization of the Conference and public awareness of its outcome;

5. Requests the coordinating secretariat to provide the Preparatory Committee on a regular basis with all relevant information on the progress of the global public awareness campaign;

6. Invites all relevant stakeholders to continue their active involvement in support of the financing for development preparatory process, including through staff support from the major institutional stakeholders to the financing for development coordinating secretariat, and in this context invites the coordinating secretariat to continue to provide support to the Facilitator, including in the preparation of the concise first draft of the outcome document mandated in resolution 55/ 245 A, taking into account the substantive interactive dialogue and all other relevant inputs received by the Preparatory Committee within the framework of the substantive agenda;

7. Requests that the first draft of the outcome document be submitted to the Preparatory Committee in mid-September 2001 for its consideration at its resumed third session, to be held from 15 to 19 October 2001 ;

8. Encourages Governments, as well as all relevant stakeholders, including the World Bank, the International Monetary Fund, the World Trade Organization, the United Nations Conference on Trade and Development, the United Nations Development Programme, the regional development banks and all other relevant regional bodies, to continue considering concrete initiatives in support of the financing for development preparatory process and the International Conference on Financing for Development, within the framework of the substantive agenda, including through the organization of expert panels and round tables, and in that regard requests the coordinating secretariat to bring information on such work to the attention of the Preparatory Committee at its resumed third session;

9. Reaffirms the importance of continuing to strengthen ways and means to deepen the efforts of all relevant stakeholders, including at the regional level, as well as by civil society and the business sector, in support of the financing for development preparatory process and the Conference, within the framework of the substantive agenda, and in that regard, having considered the report of the task force established by the Bureau of the Preparatory Committee to consider modalities for engaging the business community in the financing for development process:

(a) Expresses its satisfaction with the informal discussion with business sector interlocutors on 2 May 2001, and in that context requests the coordinating secretariat, in full consultation with the Bureau, to advise on, assist in and monitor a programme of work developed with the business sector that draws on its perspectives relevant to the substantive agenda items. This programme of work may run from May 2001 until the Conference, and may include workshops, seminars, round tables, forums and other forms of input. The secretariat should bring the outcomes to the attention of the Preparatory Committee;

(b) Decides to invite the participation of business sector entities, as follows: (i) Business sector entities that are in consultative status with the Economic and Social Council as non-governmental organizations will participate according to the existing rules;

(ii) Business sector entities that are not in consultative status with the Economic and Social Council will be accredited on an ad hoc basis in a similar manner to non-governmental organizations, 6 using the following procedure. They shall provide the name of and information about the company or organization, such as annual reports and a business prospectus, to the coordinating secretariat which shall distribute the names of and information about these entities to members of the Preparatory Committee which will decide accreditation on a non-objection basis;

(c) Decides that the modalities for their participation in the Conference shall be finalized when the format of the Conference is decided upon by the Preparatory Committee at its resumed third session;

(d) Encourages other initiatives to involve the business sector at national and regional levels and to inform the Preparatory Committee thereof;

10. Decides that the format of the Conference should include a high-Ievel official meeting, to be held on 18 March 2002; a segment at the ministerial level, to which delegations shall be invited to send fully integrated delegations, with representatives from all relevant national ministries, to be held on 19 and 20 March 2002; and a segment at the summit level, with the participation of heads of State or Government, to be held on 21 and 22 March 2002;

11. Decides also that the Conference shall include the participation of States Member of the United Nations, States members of the specialized agencies and observers, in accordance with the established practice of the General Assembly;

12. Decides further that the Conference shall also include the participation of all relevant stakeholders, including the business sector and civil society;

13. Requests, in reference to paragraphs 11 and 12 above, that the Bureau of the Preparatory Committee prepare a proposal for the consideration and decision of the Preparatory Committee, at its resumed third session, on the specific format and rules of procedure of the Conference, as well as possible round tables or other suitable arrangements for the various segments;

14. Agrees that the Preparatory Committee, taking into account the dialogue held during its third session, will decide on the nature of the outcome of the International Conference on Financing for Development no later than at its resumed third session in order to guide the Facilitator in the continued intergovernmental
negotiations and in the preparation of the draft outcome documents.

          Full text of A/RES/55/245B resolution.

 

2. At its fifty-fifth session (2001), the General Assembly adopted a resolution A/RES/55/245A (entitled " Preparations for the substantive preparatory process and the high-level international intergovernmental event  " ) in which it inter-alia:

1. Decides that the high-level international intergovernmental event on financing for development will take the form of an international conference, under the auspices of the United Nations, at the highest political level, including at the summit level, and accepts with gratitude the generous offer of Mexico to host this conference, to be named the International Conference on Financing for Development, on the understanding that the specific timing and location of the Conference will be announced by the host country during the third session of the Preparatory Committee for the High-level International Intergovernmental Event on Financing for Development;

2. Stresses the importance of effective preparations for the Conference, and welcomes the preparatory activities carried out so far, including the substantive interactive dialogue and contribution of all stakeholders during the second session of the Preparatory Committee;

3. Decides that the Preparatory Committee will hold its third session for a period of one week from 2 to 8 May 2001, and that it will hold a resumed third session for a period of another full week during October or November 2001;

4. Invites Governments to submit to the coordinating secretariat, not later than 15 April 2001, a concise identification of possible initiatives or themes, consideration of which may serve as a means to focus further the substantive preparatory work, within the framework of the substantive agenda, on the understanding that a compilation of such submissions should be available to the Preparatory Committee at its third session;

5. Decides that the Preparatory Committee, at its third session, from 2 to 8 May 2001, taking into account all inputs submitted to it at its second session and the dialogue held therein, as well as the above-mentioned compilation of submissions and other relevant inputs, will consider in greater depth issues contained in a working paper prepared by the Facilitator, which will serve as a means to focus further the discussions of the substantive preparatory work, within the framework of the substantive agenda, and in this regard encourages active participation by all relevant stakeholders in the consideration of these issues;

6. Also decides that the Preparatory Committee, at its resumed third session, in October or November 2001, will consider a concise first draft prepared by the Facilitator, reflecting the progress made at its third session and taking into account all other relevant inputs received thereafter by the Preparatory Committee, within the framework of the substantive agenda;

7. Requests the Bureau of the Preparatory Committee to explore ways and means to deepen the efforts of all relevant stakeholders, including at the regional level, as well as those made by civil society and the business sector, in support of the financing for development preparatory process, within the framework of the substantive agenda, and to submit proposals for consideration and a decision by the Preparatory Committee.

          Full text of A/RES/55/245A  resolution.

 

3. At its fifty-fifth session(2000), the General Assembly adopted a resolution A/RES/55/213   (entitled " Preparations for the substantive preparatory process and the high-level international intergovernmental event  " ) in which it inter-alia:

1. Decides that the high-level international intergovernmental event should be scheduled for the first quarter of 2002, at a date to be agreed upon, and extends its invitation to interested countries to consider hosting or confirming existing offers to host the high-level international intergovernmental event;

2. Also decides that the Preparatory Committee should hold a final session from 14 to 25 January 2002, on the understanding that the second session will be held from 12 to 23 February 2001 and the third session from 30 April to 11 May 2001;

3. Requests the Secretary-General to address a letter to all Governments further sensitizing them to the high profile and high level of participation that the substantive preparatory process and the high-level international intergovernmental event on financing for development deserve.

         Full text of A/RES/55/213  resolution.

 

4. At its fifty-fourth session (2000), the General Assembly adopted a resolution A/RES/54/279  (entitled "Preparations for the substantive preparatory process and the high-level international intergovernmental event on financing for development " ) in which it inter-alia:

3. Requests the Bureau, in connection with the modalities proposed by the World Bank, to convey to the Bank the desire of the Preparatory Committee that the Bank participate actively in the Preparatory
Committee, to reinforce the impact of the cooperation envisaged under the proposed modalities;


4. Also requests the Bureau to continue consultations intensively with the institutional stakeholders indicated in paragraph 11 (e) (i) of General Assembly resolution 54/ 196 of 22 December 1999 on modalities of their participation and to report to the Preparatory Committee as soon as possible with proposals and recommendations thereon, as well as possible proposals and recommendations for additional modalities of the participation of the private sector;


5. Further requests the Bureau to make proposals and recommendations to the Preparatory Committee at its resumed organizational session on subparagraphs (a), (b), (c) and (g) of paragraph 11 of resolution
54/ 196, taking into account discussions in the Preparatory Committee;


6. Requests the Bureau to make arrangements for open-ended informal consultations on subparagraph (d) of paragraph 11 of resolution 54/ 196 before the convening of the first substantive session, taking into account paragraph 3 of the resolution and the elements indicated in the report of the Ad Hoc Open-ended Working Group of the General Assembly on Financing for Development;

7. Requests the Secretary-General to assist in the implementation of the recommendations contained in the report of the Bureau, as approved by the Preparatory Committee and in the present resolution, and to continue to provide all needed support to the Preparatory Committee and to the Bureau, including arrangements to facilitate the travel of Bureau members to take part in consultations with the major institutional stakeholders;


8. Reiterates its decision that the first substantive session of the Preparatory Committee should be held beginning on 15 May 2000, at United Nations Headquarters;

9. Decides that the Preparatory Committee should hold its second substantive session, of two weeks' duration, in the first quarter of 2001 and its third substantive session, of two weeks' duration, in the second
quarter of 2001, at Headquarters;


10. Also decides that the Preparatory Committee should suspend its resumed organizational session and reconvene it at the earliest possible date in order to complete its work.

Full text of A/RES/54/279 resolution.

 

5. At its fifty-fourth session(1999), the General Assembly adopted a resolution A/RES/54/196 (entitled "High-level international intergovernmental consideration of financing for development" ) in which it inter-alia

a. Decided to convene a high-level intergovernmental event of political decision makers, at least at the ministerial level, on financing for development;

b. Decided that the high-level intergovernmental event for the year 2001 will address national, international and systemic issues relating to financing for development in a holistic manner in the context of globalization and interdependence. By so doing, the event will also address development through the perspective of finance. Within this overall context, the event should also address the mobilization of financial resources for the full implementation of the outcome of major conferences and summits organized during the 1990s by the United Nations and of the Agenda for Development, in particular for poverty eradication;

c. Decided to establish an intergovernmental Preparatory Committee open-ended to all States to carry out the substantive preparations for the high-level intergovernmental event and  that the Preparatory Committee, at its resumed organizational session, based on the results of the consultations with all relevant stakeholders, in a flexible manner, should consider innovative ways and mechanisms to facilitate the active involvement of all relevant stakeholders in both the preparatory process and the high-level intergovernmental event;

d. Requested the Secretary-General to initiate as soon as possible preliminary consultations with all relevant stakeholders, in particular the World Bank, the International Monetary Fund and the World Trade Organization, on the potential modalities of their participation in both the substantive preparatory process and the high-level intergovernmental event,

e. decided to constitute a Bureau of the Preparatory Committee of representatives of Member States to the United Nations of 15 members with equitable geographical representation, to be presided over by two Co-Chairs;

f. Requested the Bureau, with the further assistance of the Secretary-General  to continue consultations with all relevant stakeholders, on the modalities of their participation, including the possibility of creating a joint task force, in both the substantive preparatory process and the high-level intergovernmental event ,

g. Decided that the resumed organizational session of the Preparatory Committee consider the following

(a) The form of the final event, including the possibility of a summit, international conference, special session of the General Assembly or other high-level international intergovernmental forum on financing for development;

(b) The venue of the final event;

c) The timing, duration and format of the final event;

(d) Clarification of the agenda;

(e) Modalities for the participation of institutional stakeholders in both the preparatory process and the high-level intergovernmental event, notably:

(i) The World Bank and the International Monetary Fund, as well as, in the case of the World Trade Organization, at the secretariat level and including member and observer States;

(ii) The United Nations Conference on Trade and Development and the regional commissions;

(f) Modalities for the participation of other stakeholders, notably non-governmental organizations and the private sector, in both the preparatory process and high-level intergovernmental event;

(g) The programme of work of the Preparatory Committee;

h. Requests UNCTAD and the relevant entities of the United Nations system, in accordance with their respective mandates, to take into account the schedule of the Preparatory Committee and meetings of the regional commissions, in assisting countries, in particular developing countries and countries with economies in transition, to prepare for the discussion on financing for development;

i. Requested the Secretary-General, in close consultation with all Member States, to provide the Preparatory Committee and the high-level intergovernmental event with a secretariat commensurate with the level of the event, with adequate staff and other resources, invites the Secretary-General in this context to explore, in consultation with all relevant institutional stakeholders, the possibility of utilizing staff in this secretariat from these stakeholders, as appropriate, and also requests the Secretary-General to make proposals in this regard to the Preparatory Committee at its resumed organizational session in accordance with the rules and procedures of the United Nations.

Full text of A/RES/54/196 resolution.

 

6. In the winter and spring of 1998 the  Ad Hoc, Open-ended Working Group met to develop, inter alia,  e recommendations on the "agenda, form and scope" of the event to be held in 2001.    Under the leadership of the Co-Vice-Chairpersons, Ambassadors Kamalesh Sharma of India and Ernst Sucharipa of Austria, the Ad hoc, Open-ended Working Group completed its work and on 28 May 1999 it adopted its report to the General Assembly (Choose Highlights/Full English text/Full French text).

 

7. At its fifty-third session(1998), the General Assembly adopted resolution A/RES/53/173 (entitled "High-level international intergovernmental consideration of financing for development" ) in which it inter-alia :

a.  recalled its decision in resolution 52/179 to "to create a ... working group ..... to undertake [for the fifty-fourth session of the General Assembly] an in-depth examination of all the inputs [referred to above], with a view to formulating a report containing recommendations on the form, scope and agenda of the [final event]";

b.  requested the President of the General Assembly to make various arrangements regarding the working group to ensure the submission of specific recommendations to the General Assembly at its fifty-fourth session; and

c.   requested the Bureau of the Second Committee, with the assistance of the Secretariat, to organize appropriate briefings or panel discussions.

          Full text of A/RES/53/173  resolution.

 

8. At its fifty-second session (1997), the General Assembly adopted resolution A/RES/52/179 (entitled "Global partnership for development: high-level international intergovernmental consideration of financing for development") in which it decided inter- alia :

a.  "to consider at its fifty-fourth session the convening ... of a summit, international conference, special session of the General Assembly or other high-level international intergovernmental forum on financing for development ....., not later than 2001";

b.  to resume the fifty-second session in order to obtain "the views of Governments on the inputs required from a broad range of stakeholders, .... both within and outside the UN system, as well as the views [of delegations] on key elements [that might be addressed] "; and

c.  to request the Secretariat to prepare, for the fifty-third session of the General Assembly, both an "index report" identifying the "recurring themes and key elements" proposed by a broad range of stakeholders and a report on "the work of the United Nations to address financing for development".

Full text of A/RES/52/179 resolution.


Financing for Development Coordinating Secretariat
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29 July 2002