Centre for Policy Dialogue (CPD) Distinguished Fellow Debapriya Bhattacharya has emphasised the need for mobilising additional public finance, particularly domestic revenue resources and concessional foreign assistance, to endow the ambitious goals of post-2015 international development agenda.
“Strengthened and effective global development cooperation is needed for improving the global governance and institutions so that low income countries can accelerate their national efforts to reduce poverty, inequality and discrimination in their respective countries,” he said. He was addressing the opening plenary of the UN High-level Political Forum on Sustainable Development (HLPF) at UN headquarters in New York yesterday.
He said the global development community has to look beyond financial resources and generate efficiency gains by concluding international negotiations in a number of areas, including multilateral trade, climate change, technology transfer, international tax agenda and financial architecture.
The theme of the HLPF meeting was “Achieving the Millennium Development Goals and charting the way for an ambitious post-2015 development agenda, including the Sustainable Development Goals.”
The High Level Political Forum on Sustainable Development was created at the United Nations Conference on Sustainable Development (Rio+20) in June 2012, to provide political leadership, technical guidance and policy recommendations towards adoption of the Sustainable Development Goals (SDGs) as a part of the post-2015 international development agenda.
