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Update on ECLAC and the Follow-up Process on Financing for Development

ECLAC was actively engaged in the International Conference on Financing for Development which took place in Monterrey, Mexico, between March 18 and 22, 2002. The Executive Secretary of ECLAC spoke at the first plenary session and during the roundtables on "Partnerships in financing for development" and on "Coherence in development." ECLAC also co-organized two side events: one on "Pensions, ageing and national savings" and another, together with the United Nations Development Programme (UNDP) and Grupo INNOVA, one on "Financing for sustainable development: Partnership for investment opportunities between public and private sector." The goal of the latter was to explore opportunities for public-private partnerships and for alliances between firms that share principles of sustainability, in the framework of the Millennium Development Goals and Agenda 21. The exchange of ideas that resulted from this event made an important contribution to the action plan of the WSSD.

ECLAC's work on themes related to FfD continued during 2002 with an international seminar on "Popular saving in the region and in Europe" co-organized with the Dutch Government in La Paz, Bolivia, between May 30 and June 5, 2002, and with a forum on "Macroeconomic policy and social vulnerability," which took place in Santiago, Chile, on November 26-27, 2002.

In 2003, ECLAC is going to publish a book on "The role of regional financial arrangements," dealing with themes related to international financing. ECLAC is also going to work on two projects on development financing: one titled "The challenge of accelerating growth in Latin America and the Caribbean," supported by the Inter-American Development Bank, and one titled "Strengthening the Role of Regional and National Financial Institutions for Sustainable Social Development" supported by the German Cooperation (GTZ). Furthermore, ECLAC will organize together with the Ford Foundation an inter-regional expert meeting on the international financial architecture.


Financing for Development Office, 2 U.N. Plaza (DC2-2170), New York, N.Y. 10017
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