New Rules for Global Finance is a coalition of development, human rights, labor, environmental, and religious organizations and scholars dedicated to the reform of the global financial architecture in order to stabilize the world economy, reduce poverty and inequality, uphold fundamental rights, and protect the environment.

 

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The Road to Doha:

Financing for Development activity intensifies now through June 2008!

 

Tuesday, February 19, 2008

3:30 pm – 5:00 pm

 

VENUE: Action Aid

1420 K. St, NW, suite #900

Washington DC 20009


Directions:   A short walk from the McPherson Square metro on the Orange/Blue Line. You can also walk from the Farragut North metro on the Red Line. Click here for a Map.

 

All are welcome, but RSVP requested.

Please RSVP to jbaker@new-rules.org

 

The New Rules for Global Finance Coalition invites you to a follow-up discussion for the DC NGO community on the current status of negotiations on the "Follow-up to the International Conference on Financing for Development (FFD) to Review the Implementation of the Monterrey Consensus" that will culminate in Doha (November 29-Dec 2, 2008). New Rules is one of several NGOs working on FFD follow-up.  This meeting will provide an update and coordinating meeting for DC NGOs to enable all of us to participate fully and effectively in the FFD process. January through June 2008 is a critical time to insert our views and language into the FFD agenda. The official timeline for the process has been posted (see calendar below) with many opportunities for CSOs to get involved.  The UN has just concluded the first two consultations (Feb 14 & 15) on Domestic Sources of Revenue and on Investment. Four more are planned on trade, ODA, debt and systemic issues. At this meeting we will learn what works and how to participate effectively in upcoming events.

 

Meeting Agenda

 

I. Report on the latest two events in New York: What happened and what worked?

 

·                                                                                New York, 14 February 2008 Review session on Chapter I of the Monterrey Consensus, "Mobilizing domestic financial resources for development"  David Spencer, Tax Justice Network (Invited)

·                                                                                New York, 15 February 2008 Review Session on Chapter II of the Monterrey Consensus, "Mobilizing international resources for development: foreign direct investment and other private flows"  Seamus Finn, Oblates of Mary Immaculate (invited)

 

II. Strategizing for the upcoming events: What’s next? Who want to lead? Participate?

 

·                                                                                New York, 10-11 (morning) March 2008Review session on Chapter V of the Monterrey Consensus, "External Debt"

·                                                                                New York, 11(afternoon) – 12 March 2008 Review session on Chapter VI, “Addressing systemic issues: enhancing the coherence and consistency of the international monetary, financial and trading systems in support of development”

·                                                                                New York, 15 16 April 2008 Review session on Chapter IV, “Increasing international financial and technical cooperation for development”

·                                                                                New York, 19 20 May 2008 Review session on Chapter III, “International trade as an engine for development”

 

If you cannot make it to the meeting, but would like to participate by phone the Dial-in Number is 1-712-432-2455 the Participant Access Code is 931339. Please be sure to let us know that you will be calling in.

 

Latest Developments (as seen on the UN ESA-FFD website)

 

The General Assembly decided that the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus will be held in Doha, Qatar, from 29 November to 2 December 2008.

 

In his letter of 10 January 2008 addressed to all States, the President of the General Assembly emphasized the importance of the Review of the Implementation of the Monterrey Consensus. In accordance with paragraphs 8 and 9 of General Assembly resolution 62/187 of 19 December 2007, the President circulated the proposed work programme for the preparatory process for the Follow-up International Conference on Financing for Development.

 

H.E. Ambassador Adbelaziz the Permanent Representative of Egypt, and H.E. Ambassador Løvald, the Permanent Representative of Norway outline the modalities of the review sessions in their letter of 25 January 2008 to all States.


For more information on the Financing for Development process visit:  http://www.un.org/esa/ffd/ 

 

Roadmap to Doha: Calendar of Events

 

The following United Nations events have been scheduled to be held during the preparatory process of the Follow-up International Conference on Financing for Development to Review the Implementation of the Monterrey Consensus.

 

11 – 12 February 2008 Thematic debate of the General Assembly on “Addressing Climate Change: The United Nations and the World at Work”

 

14 February 2008 Review session on Chapter I of the Monterrey Consensus, “Mobilizing domestic financial resources for development”

 

15 February 2008 Review session on Chapter II, “Mobilizing international resources for development: foreign direct investment and other private flows”

 

25 February – 7 March 2008 Fifty-second session of the Commission on the Status of Women on the theme “Financing for Gender Equality and the Empowerment of Women”

 

10 – 11 (morning) March 2008 Review session on Chapter V, “External Debt”

 

11(afternoon) – 12 March 2008 Review session on Chapter VI, “Addressing systemic issues: enhancing the coherence and consistency of the international monetary, financial and trading systems in support of development”

 

1 – 2 April 2008 Thematic debate of the General Assembly on “Recognizing the achievements, addressing the challenges and getting back on track to achieve the Millennium Development Goals by 2015”

 

14 April 2008 Special high-level meeting of the Economic and Social Council with the Bretton Woods institutions, the World Trade Organization and the United Nations Conference on Trade and Development

 

15 16 April 2008 Review session on Chapter IV, “Increasing international financial and technical cooperation for development”

 

20 – 25 April 2008 UNCTAD XII on the theme “Addressing Opportunities and Challenges of Globalization for Development”

 

19 20 May 2008 Review session on Chapter III, “International trade as an engine for development”

 

18 June 2008 Hearings with representatives of civil society and the business sector on financing for development

 

30 June – 25 July 2008 Substantive session of the Economic and Social Council, including the Annual Ministerial Review and the Development Cooperation Forum

 

July 2008 (second week) Release of the report of the Secretary-General on the latest developments related to the review process on financing for development (advance version)

 

July 2008 (last week) Presentation by the President of the General Assembly of the draft outcome document of the Review Conference

 

September – November 2008 Informal consultations and drafting sessions on the outcome document of the Review Conference

 

For further details and updates, please visit the website of the Review Conference at www.un.org/esa/_d/doha

 

Jamie Baker, Coordinator

New Rules for Global Finance Coalition

2200 Wilson Boulevard, Suite 650

Arlington, VA 22201

tel. 202-247-7486

fax. 703-841-0050

jbaker@new-rules.org

www.new-rules.org 

 

Apologies for cross posting! Please let me know if you do not wish to receive announcements from the New Rules for Global Finance Coalition. Please feel free to forward to colleagues.

 

 

 

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Last updated: 05/06/08.