Site Contents
Aids
Arts & Culture
Aging
Biodiversity
Business
Climate Change
Conflict Resolution
Country Reports
Columnists
Conferences
Development
Development Banks
Diplomacy
Ecommerce
Economic Summit
Energy
Environment
Europe Dispatch
European Union
Food Security
Gender Issues
Global Trade
Globalization
Health
Human Rights
Media
Population
Profiles
Racism
Science
Sustainability
Technology
Terrorism
Tourism
United Nations
Youth
Water
Web Reviews
The Earth Times | Posted March 17, 2002



FINANCING FOR DEVELOPMENT

One step closer to achieving Millennium Goals

> BY JAY NEWTON-SMALL
Copyright © 2002 by The Earth Times. All rights reserved


MONTERREY, Mexico -- Looking deceptively relaxed in casual clothing, Nitin Desai, UN Under Secretary General for Sustainable Development, took a moment to speak with The Earth Times a day before the opening of the International Conference on Financing for Development. Desai, who is responsible for the conference, said that he was happy to be coming into the conference with such a strong consensus paper.
.

"We already have a product," he said leaning back on a bright blue couch in the Holiday Inn lobby, "so we hope to focus here on finding what we need to implement all the things already there in the Monterrey consensus."

Indeed, the draft document is strikingly without controversy, something Desai said would have been hard to imagine a few years ago. Development has always been a contentious issue, he said, and each stakeholder has a different view on how, when, where and why it should be done. "We have a consensus, and that is important, although you will still hear in the individual speeches people focusing on different issues within the paper. I was at the NGO forum yesterday. Most of their views are very strong," he added, "but I pointed out to them their important role in getting things moving on issues like ODA."

ODA, or Official Development Assistance, refers to how much money donor countries give to developing nations annually.

"On ODA the whole process has changed. A few years ago it seemed unsure that levels could have been maintained, let alone rise, but now there is an acceptance that more ODA is needed to achieve the Millennium goals," said Desai.

The Millennium goals were set at a similar conference in New York in September 2000. One of them was a pledge to halve poverty by the year 2015. UN Secretary General Kofi A. Annan has called for a doubling of ODA in order to achieve this.

While Desai acknowledged that a world where the 23 rich, or donor, countries committed 0.7 percent of their annual Gross National Product to ODA was hard to imagine in the near future, he did feel that this conference would be making progress.

"This is the first time that we can see some real movement," he said. "I can see governments coming around in time. The basic issue is the difficulties in knowing how best to use the money. We know now what ODA is for, and we know we need more, and we know it needs to be spent more effectively."

Indeed he cited the US and European pledges last week as proof that donor countries acknowledge that more must to be done. Last week US President George W. Bush pledged an additional $5 billion in ODA over the next three years; the European Union followed up that announcement with a pledge of its own.

While such money in terms of figures seems enormous, it actually is only a tiny fraction of the budgets of the US and European Union budgets. Desai, like others, is looking forward to seeing what happens after Monterrey. For Desai the road is clearer than for most; he is also responsible for the upcoming World Summit on Sustainable Development (WSSD) due to be held in September in Johannesburg. The WSSD is also known as Rio +10, or the ten-year anniversary of the Earth Summit where the idea of sustainable development was first developed. "Johannesburg is too far ahead to predict," he said, "but it will deal with the actual 'how-to's' of development rather than the financing behind it."

For now, Desai is busying himself with the daily logistics of running this global summit that for the next five days will be attending some 12,000 participants, 300 ministers, and 58 heads-of-state and government. Given how smoothly everything is running for this conference, Desai can only wish for the same spirit of harmony and cooperation for the WSSD.

Home | News Archives | Browse | Feedback

(c) 2004 Earthtimes.org, All Rights Reserved.

Earthtimes offers News, Environmental news, Shopping Categories, reviews on shops and more.
earth times home View News Archives Browse by Category Your Feedback is important for us to improve