Inputs to the Outcome Document

Corruption is a cross-cutting issue, impacting all aspects of the financing for development agenda. Neglecting to adequately address corruption could jeopardize the entire process. By including and investing in proven anti-corruption measures and strengthening international cooperation in the recovery of proceeds of corruption, we can ensure that financial resources are effectively mobilized and safeguarded for development. Corruption is a cross-cutting issue, impacting all aspects of the financing for development agenda. Neglecting to adequately address corruption could jeopardize the entire process. By including and investing in proven anti-corruption measures and strengthening international cooperation in the recovery of proceeds of corruption, we can ensure that financial resources are effectively mobilized and safeguarded for development.

Illicit financial flows (IFFs) significantly drain resources, with trade-IFFs alone accounting 5-30% of total goods trade in pilot countries, financing crime, exacerbating inequalities and instability. Effective action requires data-informed analytics, whole-of-government approaches and stronger international cooperation for common tools and technologies. All countries need evidence-based policies to address IFFs, allowing crime prevention rather than costly corrective measures. FfD4 outcome should prioritize these strategies, resourcing data reporting and establishing a platform for collaboration and methods development.