Inputs to the Outcome Document

This policy brief describes the evolving landscape of the global aid architecture and the critical role of multilateral banks, like IDA, in promoting a more equitable and more effective distribution of resources. It analyzes the need for a rebalancing in the allocation of aid to ensure greater effectiveness and impact. The brief highlights the importance of better funding MDBs, strengthening country ownership, improved collaboration among donors, transparency, and accountability in achieving sustainable development goals.

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.

This briefing is part of the Financing Policy Brief Series developed by PRI and other members of the Inter-agency Task Force on Financing for Development. The objective of the briefing is to inform the substantive preparations for the Fourth Conference on Financing for Development (FfD4).

This briefing addresses two action areas of the Addis Ababa Action Agenda (the outcome document of FfD3): 1) domestic and international private business and finance; and 2) systemic issues. It is based on PRI’s 2023 policy white paper, Investing for the Economic Transition: The Case for Whole-of-Government Policy Reform