More than 800 delegates gathered for the closing plenary where the the Addis Ababa Action Agenda was adopted. Photo: IISD
Addis Ababa / Nairobi, 16 July 2015 – Governments agreed Thursday to a series of measures that support the redirection of international financing towards supporting sustainable development.
The Addis Ababa Action Agenda – reached ahead of the SDGs Summit in September and the crucial UN Climate Change talks in Paris, later his year – provides a foundation for implementing the global sustainable development agenda. It presents an ambitious financing framework that recognizes the need for public and private resource mobilization to meet the sustainable financing challenge.
Achim Steiner, UN Under-Secretary-General and Executive Director of UNEP, said: “The Addis Ababa Action Agenda has the potential to utilize and unlock significant resources for development including the transition towards an inclusive green economy that engenders sustainable prosperity for all. ”