• Mission Statement

    The NGO Committee on Financing for Development at the United Nations advocates for a worldwide economy that is environmentally and socially sustainable, ethical, and people-centered.

    Guided by the 2002 Monterrey Consensus, we urge policymakers to support development strategies that end global poverty and advance human rights. We seek international financial systems that are fair and truly representative of all people. We are motivated by the moral imperatives underlying the United Nations Charter and the missions of the organizations we represent.

  • Membership Benefits

    Network and dialogue at the UN with those working on for Financing for Development (FfD) issues and collaborate with global network of FfD organizations.

    Participate in monthly meetings featuring regular briefings from the UN FfD Office and distinguished guest speakers from the UN Community.

    Voice concerns on FfD issues to the UN through written and oral statements prepared within the Committee.

    Receive notices of meetings and conferences on FfD issues sponsored by the UN or NGO Committee, including high-level meetings with Bretton Woods institutions (World Bank, International Monetary Fund, World Trade Organization).

    (Go to www.ngosonffd.org for FfD resources and committee membership form)

UNCTAD 14: A STRONG CIVIL SOCIETY NECESSARY FOR TRADE JUSTICE

By Veronica MwaVeronica Mwangangi cropngangi, IBVM: The two-day pre-conference civil society forum was very intense as we deliberated on the civil society declaration to be presented to the negotiation committee at the main UNCTAD 14 meeting. The discussions were an eye opener to me on the economic situation of the world and especially of developing countries. Gender issues, inequalities within and among nations, illicit financial flows out of developing countries, stagnation in global trade, multilateralism, and green finance are some of the issues that interested me. A few issues bothered me: that developing countries are on the verge of debt distress, that they are dependent on commodities trade which is highly affected by the ever changing global prices and demand, the high level of illicit trade, and that the developing countries found trade with developed nations difficult because of the non-tariff measures imposed by the latter.

Conversations during the side-events of the civil society forum left me thinking that developing countries would need to seal off all the avenues that allow illicit financial flows out of the countries, move up the value chain by investing this finance in manufacturing and processing industries so as to minimize commodities exports, and perhaps consider south – south trade in order to realize the SDGs. I found the conversations at the civil society forum honest. A strong civil society movement is necessary in a country….. no wonder the Secretary General  of UNCTAD referred to the official opening of the civil society forum as actually the opening of UNCTAD 14.

As a teacher of business studies, attending UNCTAD 14 provided me with information and statistics to quantify what I teach. Tax havens were discussed by civil society, so as a patron of a tax club whose aim is to inculcate a tax paying culture among young people, I made contact with Tax Justice Network, Africa and I intend to depend on them to expand the horizon of my students and staff on tax matters. I hope to use the contacts established with NGOs to promote care of the environment and the empowerment of women.

UNCTAD 14 en

 

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