News outlets report on the opening of the Third International Financing for Development conference (FFD3) taking place this week in Addis Ababa, Ethiopia.

Agence France-Presse: U.N. chief urges ‘flexibility, compromise’ at development summit
“U.N. Secretary-General Ban Ki-moon on Monday called for ‘flexibility and compromise’ at a development financing summit that opened in Ethiopia’s capital and is seen as crucial for efforts to end poverty and tackle climate change…” (Lebhour, 7/13).

Deutsche Welle: Addis Ababa hosts key global development summit
“…Specifically, 190 nations hope to agree on how to bankroll 17 Sustainable Development Goals (SDGs), which include ending poverty and hunger, combating climate change, and achieving gender equality by 2030…” (Caldwell, 7/13).

Devex: The future of development finance: Live from Addis
“…Devex is on the ground at the headquarters of the U.N. Economic Commission for Africa, talking to high-level representatives from donor agencies, nongovernmental organizations, and the private sector. We’ll provide continuing updates on the buzz from the weeklong meetings on this running blog, so check back regularly…” (Ravelo, 7/13).

The Guardian: Addis Ababa development finance summit: all you need to know
“…The specific targets for each goal, which have not been formally agreed yet, will take over from the Millennium Development Goals (MDGs) at the end of the year. According to U.N. estimates, for the new goals to be met will require as much as $11.5tn a year, $172.5tn over the 15-year timeframe…” (Anderson/Chonghaile, 7/13).

Xinhua News: Int’l conference on Financing for Development opens in Ethiopia
“…Chairing the opening session of the conference, Ethiopian Prime Minister Hailemariam Desalegn called for ‘a different approach than usual’ which will build on the successes achieved on the MDGs and go towards realizing the world’s Sustainable Development Goals…” (7/13).