Post-2015 anti-poverty agenda: Rich countries stay non-committal
Saturday July 18 2015
Addis Ababa Action Agenda does not mention any new resources to fund the investments needed to end poverty by 2030. TEA GRAPHIC
The war to secure financing to “leave no one behind” in the global development agenda is far from over after developing countries failed to secure concrete commitments from rich countries recently in Ethiopia.
Instead, donors committed to reversing the decline in aid to the poorest countries, with the European Union committing to increase its aid to least developed countries to 0.2 per cent of GNI by 2030.
Perhaps more importantly, rich countries rejected the proposals for turning the intergovernmental committee of experts into a universal body with equitable participation of developing countries.