Inputs to the Outcome Document

To make measurable progress in combatting illicit financial flows related to the proceeds of crime Member States should prioritize preventing money laundering and the financing of terrorism, including in the outcomes of the Fourth Financing for Development Conference and resolutions. Financial crime has direct negative macroeconomic impacts and preventing it is foundational to sustainable development. It can only be addressed through a whole of government approach. Safeguarding payments and remittance flows, developing stable and inclusive financial sectors capable of supporting inclusive economic growth and protecting domestic resource mobilization all require a foundation of financial integrity grounded in effective, risk-based Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) frameworks.

This brief highlights the importance of financing social protection to achieve multiple SDGs and realized the right to social protection. It outlines key solutions for financing social protection systems, emphasizing the need to prioritize social protection spending within government budgets and better coordinate and increase international financial support. It provides actionable recommendations, including enhanced spending, progressive and effective taxation, and global financial mechanisms to address persistent coverage gaps and ensure adequate social protection for all.