Inputs to the Outcome Document

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

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.