FFD3 Delegates Approve Addis Ababa Action Agenda, Providing Economic Framework For Development Agenda

News outlets report on the final outcome document of the Third International Financing for Development conference (FFD3), called the Addis Ababa Action Agenda.

The Guardian: Glee, relief and regret: Addis Ababa outcome receives mixed reception
“World leaders at the Financing for Development summit in Addis Ababa have reached agreement on an economic framework to support the sustainable development agenda. As the third and final day of negotiations in the Ethiopian capital stretched into mid-evening, countries rich and poor voted in favor of an outcome document that, nine months in the making, will shape development finance for the next 15 years…” (Anyangwe, 7/16).

The Guardian: Addis Ababa outcome: milestone or millstone for the world’s poor?
“…The Addis Ababa Action Agenda lays out the different ways nations aim to pay for an ambitious plan to end poverty, ensure equality, and put an increasingly fragile world on the path to sustainable development. But just what kind of deal was struck is seemingly still up for debate…” (Chonghaile, 7/16).

U.N. News Centre: ADDIS: ‘historic’ agreement reached on financing for new U.N. sustainable development agenda
“…Financing is considered the linchpin for the success of the post-2015 sustainable development agenda, which will be driven by the implementation of 17 goals. In support of implementation of these goals, the Addis Ababa Action Agenda contains more than 100 concrete measures, addressing all sources of finance, and covering cooperation on a range of issues including technology, science, innovation, trade, and capacity building…” (7/16).