World News, Africa

FFD3: The Addis Abeba Action Agenda: Fit for purpose?

By Sabine Terlecki

Over the last three days global civil society have been meeting ahead of the third Financing for Development conference in Addis Abeba- discussing the latest draft outcome of the Addis Abeba Action Agenda, or short “Addis Accord”.

Today, Monday 13 July, this crucial international conference has been kicked off by UN secretary general, Mr. Ban Ki-Moon. However, this day is not only full of ceremonial discussions; Today, the EU will announce its 10 Point Action Plan on Ffd while the EC is leading on the EU negotiations, and it will most probably also be decided if a closing of the negotiations on the current draft can be expected at this conference – or not. The golden key to close these negotiations is now in the hands of the G77, while the Ethiopian government is expected to play a crucial role as broker.

World News, Africa

FFD3: Last chance to avert failure for the financing of development

Failure may be imminent at the negotiations for a “Financing for Development” (FFD) accord in Addis Ababa this week, said ActionAid. According to the organization, the G77 are being aggressively pushed by the US, Canada and the EU, among others, to sign a deeply unjust