On 26 September 2019, the General Assembly will convene its first High-level Dialogue on Financing for Development since the adoption of the Addis Ababa Action Agenda.
By investing in the Sustainable Development Goals, we invest in the future.
António Guterres, UN Secretary General
Aligning and mobilizing resources are major challenges for financing the SDGs. Desipite progress since the adoption of the Addis Agenda, growing uncertainties and risks threaten development progress and sustainable finance prospects. As global challenges are more integrated, responses become increasingly fragmented. Facing this context, it is more important than ever to bring financing sustainable development to the center of the international agenda. The High-level Dialogue will aim to renew global commitment to financing at the highest political level. It will serve as a UN call for collective action to energize growth and tackle challenges in the global economy, encourage public and private investment to align with the 2030 Agenda, and promote new and innovative initiatives that target gaps in financing sustainable development.
The Addis Ababa Action Agenda, the United Nations framework for mobilizing resources for implementation of the Sustainable Development Goals, established a follow-up process to review progress on sustainable financing. The ECOSOC Forum on Financing for Development brings together governments, civil society, and businesses yearly to examine past challenges and propose future actions to align and mobilize resources for the SDGs.
Additionally, the Addis Agenda mandates that the High-level Dialogue on Financing for Development of the General Assembly will be held back-to-back with the High-level Political Forum at the Summit level every four years. The 2019 High-level Dialogue will be the first convened since the adoption of the Addis Agenda and will take place on 26 September 2019, the same week as the UN Climate Summit and SDG Summit (i.e. the HLPF, under General Assembly auspices).
The High-level Dialogue is mandated to provide high-level political leadership and guidance on the implementation of the Addis Agenda, identify progress and emerging challenges and mobilize further action to accelerate implementation.
The High-level Dialogue will be chaired by the President of the General Assembly.
The High-level Dialogue is one of several key milestones on the roadmap for the Secretary-General's Strategy for Financing the 2030 Agenda for Sustainable Development. Before the Summit, the annual Financing for Development Forum of the Economic and Social Council (ECOSOC) will be held from 15 to 18 April 2019 and result in a negotiated outcome document. The Report of the Inter-Agency Task Force on Financing for Development provides the basis for discussion.
For the High-level Dialogue, the President of the General Assembly has appointed H.E. Mrs. Martha Ama Akyaa Pobee, Permanent Representative of Ghana to the United Nations, and H.E. Mr. Marc-Andre Blanchard, Permanent Representative of Canada to the United Nations, as co-facilitators to consult with Member States on the substantive work and possible outcome.
Sustainable development seeks to meet the needs of the present without compromising the ability of future generations to meet their own needs. Sustainable development calls for concerted efforts towards building an inclusive, sustainable and resilient future for people and planet.
Poverty eradication, changing unsustainable patterns of production and consumption, and protecting and managing the natural resource base of economic and social development are overarching objectives of and essential requirements for sustainable development.
The 2030 Agenda for Sustainable Development, adopted by world leaders in September 2015, is the plan of action for people, planet and prosperity and aims to transform our world. The 2030 Agenda addresses the integration of the three dimensions of sustainable development: the social, economic, and environmental, since a holistic and balanced approach that incorporates these three dimensions is essential for ending poverty, reducing inequalities and combatting climate change in order to achieve sustainable development.
It applies to all countries and aims to improve people’s lives and prosperity on a healthy planet, through partnership and peace. All countries, cities and multiple actors of the business sector and civil society are actively engaged in implementing the Agenda and pursuing the 17 Sustainable Development Goals (SDGs).
The High-level Dialogue on Financing for Development, under the auspices of the United Nations General Assembly (UNGA), will assess progress since the adoption of the Addis Ababa Action Agenda in 2015 and provide leadership and guidance on the way forward to accelerate implementation of the 2030 Agenda and SDGs.
High level meetings under UNGA auspices take place every four years at the beginning of the UNGA session and are intended to be a platform for the international community to take a broader, more long-term view of progress and renew high-level commitments to action.
The High-level Dialogue will take place on the 26 September at the United Nations Headquarters in New York.
The High-level Dialogue will be at the Heads of State and Government level, and the Chair of the High-level Dialogue will be the President of the 74th session of the General Assembly.
The High-level Dialogue will be one of three high-level events taking place in September 2019, along with the 2019 Climate Summit and the SDG Summit. These events will be mutually reinforcing in identifying areas for action to accelerate the progress towards sustainable development.
The High-level Dialogue provides an opportunity to reinvigorate international commitment to the Addis Ababa Action Agenda, showcase areas of global progress, and raise awareness about emerging challenges to financing for development as well as new solutions to align and mobilize resources for the 2030 Agenda.
According to established practice, the President of the General Assembly will issue an official summary of the High-level Dialogue. The format and the content of the outcome of the 2019 High-level Dialogue is part of the consultations undertaken by the co-facilitators. The co-facilitators for the substantive work and possible outcome are H.E. Mrs. Martha Ama Akyaa Pobee, Permanent Representative of Ghana to the United Nations, and H.E. Mr. Marc-Andre Blanchard, Permanent Representative of Canada to the United Nations.
The High-level Dialogue on Financing for Development will be convened on Thursday 26 September 2019 at the United Nations headquarters in New York.
The programme will be coming soon.
More information coming soon.
The High-level Dialogue on Financing for Development will be informed by the Report of the Inter-Agency Task Force on Financing for Development, which reports annually on progress in implementing the Addis Agenda and other Financing for Development outcomes and the means of implementation of the 2030 Sustainable Development Agenda.
In addition, the outcome for the 2019 ECOSOC Forum on Financing for Development follow-up will feed into the discussions at the Heads of State and Government level in September.
The High-level Dialogue will also be informed by the Secretary General's Strategy for Financing the 2030 Agenda for Sustainable Development.
In accordance with General Assembly resolution, the Secretary-General is requested to submit to the General Assembly at its seventy-fourth session a summary report synthesizing the findings of the first four reports of the Inter-Agency Task Force on Financing for Development and the results as well as the agreed conclusions and recommendations of the four Economic and Social Council Forums on Financing for Development follow-up as an input to the High-level Dialogue on Financing for Development of the General Assembly in 2019.
More information coming soon.
Side events and exhibitions will be organized by governments, the UN system organizations and other international and regional organizations as well as major groups and other stakeholders in the margins of the High-level Dialogue on 26 September 2019.
More information coming soon.
Additional information (press materials and multimedia information) will be posted at a later stage.