Joint appeal for sustainable development
WASHINGTON: The leaders of seven multilateral organisations last week
issued a joint appeal for global support of a report issued by a
high-level UN panel that calls for ending extreme poverty and promoting
sustainable development.

Shanties in Asia |
In a joint letter to UN Secretary General Ban Ki-moon, the seven
leaders - who lead the African Development Bank, Asian Development Bank,
European Bank for Reconstruction and Development, European Investment
Bank, Inter-American Development Bank, International Monetary Fund and
the World Bank Group - offered their support for the panel's findings.
This includes contributions their institutions could make to
implementation at the country level, of knowledge for development, a
robust financing framework, and a 'data revolution' that would enable
broader public debate and more evidence-based policies and increased
accountability.
The high level panel recommends five transformative shifts in the
approach to development: leaving no one behind; putting sustainable
development at the core; transforming economies for jobs and inclusive
growth; building peace and effective, open and accountable institutions;
and forging a new global partnership.
"We strongly endorse the vision 'to end poverty in all its forms, in
the context of sustainable development and to have in place the building
blocks of sustained prosperity for all'. We see investments in people,
growth, and structural change as driving forces," said the heads of the
institutions, supporting a development agenda that takes into account
the human, environmental and economic dimensions of development.
"We endorse ideas of provision of economic and social infrastructure
and the development of a thriving private sector, which provides the
growth and jobs that help to end poverty," they added, in recognition of
a stronger partnership needed between government, the private sector and
civil society.
The leaders encouraged full achievement of the Millennium Development
Goals, and rapid convergence of ongoing discussions around a single set
of goals post-2015, a move that would allow governments and donor
partners to implement strategies to achieve such goals. |