GFDD Representative Elected to United Nations NGO Executive Committee of Financing for Development

October 18, 2013

In recognition of GFDD’s efforts in the areas of Financing for Development (FfD), Global Foundation for Democracy and Development has been elected to the United Nations NGO Executive Committee on FfD by unanimous vote on October 2, 2013 for a two-year term.  The new role will provide an opportunity to network and dialogue at the UN with those working on FfD issues and collaborate with the global network of FFD organizations.

Representative Margaret Hayward, who has been appointed member at large, said of her new role; “In addition to being a great honor, being part of the Committee has helped convey the importance of FFD to a wider audience and helped to influence global policy and change. We at GFDD who follow this issue closely feel supported and more abreast of the topic, thanks to the committee and its members.’’

The NGO Committee on Financing for Development
at the United Nations, which is an active committee of the Conference of Non-Governmental Organizations (CoNGO), advocates for a worldwide economy that is environmentally and socially sustainable, ethical, and people-centered. Guided by the 2002 Monterrey Consensus, it urges policymakers to support development strategies that end global poverty and advance human rights. The Committee seeks international financial systems that are fair and truly representative of all people.

GFDD has been an official member of the NGO Committee on Financing for Development since 2010, and has undertaken many activities together at the United Nations, such as joint written and oral statements on the subject matter.  More recently, October 7, the NGO Committee together with GFDD, UBUNTU and the DR mission held a panel discussion at the High Level Dialogue on Financing for Development entitled; “Innovative Financing for the Post 15
Agenda: The Implications of a Financial Transaction Tax.’’

The 2-day, high-level meeting convened at UN Headquarters in New York, reaffirmed the need to channel funds to development, and called for an important follow-up conference similar to Monterrey – hitherto the world’s template for the financing of global development efforts.