The world reacts to the Financing for Development deal reached in Addis Ababa

author: 
comms
16 july 2015

After what has been described as a challenging few days in Addis Ababa last night agreement was finally reached on the Addis Ababa Action Agenda. Negotiations were tense and the underlying question in people’s minds was whether to enter into in-depth negotiations at risk of leaving Addis without an agreement or to compromise on the controversial issues (Tax, CBDA, and Debt) and leave with an adequate deal. The former scenario would have been detrimental to the Post2015 negotiations which will continue in New York next week, so late on Wednesday night word came through that an agreement had been reached - a deal was made. 

So what has been the reaction to this new agenda?

Reactions: 

Former President of Ireland Mary Robinson sets out her response to the Addis Ababa Action Agenda

Civil Society:

International NGOs have been expressing disappointment:

And some continue to question the role of the private sector

Some organisations have been welcoming the progress that has been made:

Media:

Journalists around the world react: 

Academia:

Although too early for a full reaction from academic institutions they have stated that the true test of this agreement will be the impact it will have on those living in poverty.

ODI Responds

UN

They believe that the agreement provides a foundation for implementing the global sustainable development agenda that world leaders are expected to adopt this September.

Countries reach historic agreement

Private sector:

They are viewing Addis as the start of a new era in development financing:

Financing for development enter private sector