<blockquote class="twitter-tweet"><p lang="en" dir="ltr">The current <a href="https://twitter.com/hashtag/debt?src=hash&amp;ref_src=twsrc%5Etfw">#debt</a> restructuring process is messy and unfair 👎<br><br>But what if there was an alternative that takes into account the needs of a country to fight poverty, inequality &amp; <a href="https://twitter.com/hashtag/ClimateChange?src=hash&amp;ref_src=twsrc%5Etfw">#ClimateChange</a>?<br><br>Find out more 📃➡️ <a href="https://t.co/bV3ST47gKe">https://t.co/bV3ST47gKe</a> <a href="https://twitter.com/hashtag/DebtJustice?src=hash&amp;ref_src=twsrc%5Etfw">#DebtJustice</a> <a href="https://twitter.com/hashtag/FfD4?src=hash&amp;ref_src=twsrc%5Etfw">#FfD4</a> <a href="https://twitter.com/hashtag/Fin4Dev?src=hash&amp;ref_src=twsrc%5Etfw">#Fin4Dev</a> <a href="https://t.co/y03FNFSy2r">pic.twitter.com/y03FNFSy2r</a></p>&mdash; Eurodad (@eurodad) <a href="https://twitter.com/eurodad/status/1648340621243842560?ref_src=twsrc%5Etfw">April 18, 2023</a></blockquote> <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>

The ECOSOC Forum on Financing for Development took place last week.🌏

It emphasised the importance of protecting, conserving & restoring nature & the need to scale up #biodiversity finance from all sources.
#Fin4Dev

➡️https://www.un.org/development/desa/financing/what-we-do/ECOSOC/financing-development-forum/FFD-forum-home

📹@UNDESA

Germany's contribution to the #ECOSOC #FinancingForDevelopment Forum highlights three critical points to initiate progress.
#Fin4Dev

Full Statement: https://new-york-un.diplo.de/un-en/-/2593456

Today the UN Secretary-General launched his SDG Stimulus to rescue the countries with massive investment.

One of the main agenda items is to massively scale up financing from The World Bank (and other MDBs) that is longer term, cheaper, in local currencies, and aligned with the SDGs. With the World Bank Presidency now open, a key point in the discussion over a successor should be to respond to the ambition set out by the UN Secretary-General.

https://www.un.org/sustainabledevelopment/blog/2023/02/press-release-un-secretary-general-calls-for-radical-transformation-of-global-finan-cial-system-to-tackle-pressing-global-challenges-while-achieving-sustaina-ble-development/

#development #Fin4Dev

Transparency about the actors in economic and financial matters is an essential component in the ability of country authorities to enforce the law, reduce corruption and ensure taxpayers pay all taxes that are due. Increasing the accuracy and transparency of beneficial ownership information is an important component of solutions for reducing tax avoidance and evasion and combatting corruption and money-laundering.

#fin4dev #sustainabledevelopment #illicitfinancialflows #tax