International Financial Institutions Back New Global Development Agenda with Stepped-Up Support
Press Release No.15/438
September 25, 2015Multilateral Development Banks (MDBs) and the International Monetary Fund (IMF) hailed today’s adoption of a sustainable development agenda for the next generation and are fully committed to stepping up their support to ensure its success.
At the United Nations General Assembly in New York taking place from 25-27 September, world leaders endorsed new Sustainable Development Goals, an ambitious agenda that aims to end poverty, promote prosperity and to protect the environment.
Leaders of the MDBs – the African Development Bank, Asian Development Bank, European Bank for Reconstruction and Development, European Investment Bank, Inter-American Development Bank, World Bank Group — and the IMF described the agreement as an historic landmark.
“The well-being of our planet and its people are at the heart of the new goals. They point the way towards greater prosperity and equality and will ensure more robust and sustainable economic growth,” the leaders said.
In July this year, at a Financing for Development conference in Addis Ababa, the institutions unveiled plans to scale up their finance and support for countries seeking to achieve the development goals, pledging to increase their financial contribution to more than $400 billion over the next three years.
They vowed to examine how they could increase their own financing and also to work to ensure a greater mobilization of domestic resources and expanded funding from the private sector.
Quotes from the Heads of Multilateral Development Banks and the IMF
Akinwumi Adesina, President, AfDB
« The African Development Bank is fully committed to the successful implementation of the SDGs.
We will work with our member countries, the private sector, civil society and other partners to deliver on the SDGs for Africa. The SDGs must work -and they must work for Africa. »
Takehiko Nakao, President, ADB
“We are committed to supporting the 2030 agenda and helping our member countries in achieving these ambitious new goals in Asia and the Pacific. We will increase our support for inclusive and sustainable development by up to 50% from 2017 to around $20 billion a year. By 2020, ADB will double its climate financing to $6 billion a year, about 30% of its overall financing. We will also increase cofinancing with other development partners, catalyze private sector investment, and help mobilize greater domestic resources. »
Sir Suma Chakrabarti, President, EBRD
“The new goals overlap with core areas of the EBRD’s operations and with its strategic priorities. As a development bank specialised in working with the private sector, the EBRD is well placed to support the delivery of an agenda in which private firms will play a key role.”
Werner Hoyer, President, EIB
“The adoption of the SDGs shows our collective determination to safeguard the future of our planet. At the EIB we stand ready to work with our peers, other public authorities, and the private sector, and put our finance and expertise at work to support the implementation of the new goals.”
Luis Alberto Moreno, President, IDB
“The Sustainable Development Goals are ambitious, but the citizens of our countries expect no less than our full commitment to end poverty, promote sustainable and equitable economic development, and protect the environment. The IDB pledges to work closely with governments and with the private sector throughout Latin America and the Caribbean to ensure a prosperous future for all.”
Christine Lagarde, Managing Director, IMF
“The SDGs are ambitious, but achievable with determined implementation. We all have a responsibility to achieve these goals, at the country level and through our collective action at the global level. The IMF, with its 188 member countries, will play its part.”
Jim Yong Kim, President, World Bank Group
“The international community showed wisdom and courage fifteen years ago in adopting the Millennium Declaration, which set out eight ambitious goals to improve the lives of billions and bring the world together in closer cooperation and partnership. We cut poverty in half five years earlier than the declaration’s deadline, so I am confident we can achieve the great aspirations of these new global goals – particularly the first, which is to erase the scourge of extreme poverty from our planet by 2030. We can, and must, end this terrible blot on our collective conscience.”
Please, Follow the link.
THE CLANDESTINE VAMPIRIC ORDER RULING THE WORLD WITH POISON
ps. Showing videos in your blogs or websites is simple as telling Hello to somebody.
But, it is also complicated when you know nothing about Music.
Just enter Youtube and you’ll be given plenty of choices. How interesting will your choice be, here lies the Shakespearien question, for your choices tell a lot about who you are and about your thoughts and inner personnality.
Without an appropriate culture and taste, forget about the task. Keep on with the cheating and Jews subalterns and scouts identity. Take the billionnaires money and be happy.
You know what, lately, my brother and I were having a familial conversation. This was about two weeks ago. At a certain point of the conversation, he told me : you know what, your sister is so mired into money additions and calculations the way even God can’t cope with/tolerate/or agree with… that I’m about to lose patience.
In French, you’ll say « comme même Dieu n’aime pas ».
I exploded in laughs despite the familial sad concern. In fact the two of us listening here in France simultaneously through SFR (not free as initially mentionned ; Free is my new network, I’m free and happy with them – sorry, oh my God!) – and Bouygues networks.Tell me about the Mossad disguised spying technology – the clandestine vamps’ and terrorist order – organizing our new camps of concentration.
Bingo, I’ve read it today, in an outlet selected by Google (I asked for that alert) over the US presidential campaign and I’m comfortable with their selection.
The outlet is written in Washington and my brother is living in a country side, deep inside Cameroon.
Either you comply or you are hunted and tormented in the darkness. In both cases, you are oppressed.
So tell me brothers and sisters, is the Global Village turning all spying for small people let to fend for themselves ? Damned Technology. We were supposed to be free, once again, we found ourselves into the hands of another camps of concentration’s builders and our HARD EARNED FREEDOMS AND LIBERTIES STRIPPED. This is post-nazism Republicans are embrassing. To Speaker Boehner’s dismay and despair.
We were supposed to have broken the chains of slavery up. Once again, we are in.
Our privacy and freedoms have been sold out by some Jews sentinels inside Washington Congress and institutions acting as SS. You know it. I know it. Right.
Thanks God, from times to times, a corrupt Supreme Court Judge can have his conscious so crippled with remorse that …
In Malcom X, I picked up this reflection of a New-Yorker, a black man who noted wisely that the KKK has been legalised and recycled into the Police. Utterly, the FBI is the national KKK and the CIA the international KKK ; meaning the perpetuation of the KKK-original, left free, by the authorities, to kill and burn the Mississippi. Those are brothers in Hell.
The symbol matches our formula qualifying those legal methods as a « legal mafia » terrorizing the entire World. Hopefully real banks behind the GSD Goals adopted yesterday at the UN General Assembly, would topple the banksters.
Extremists Republicans are KKK’s descendants. That is why they opposed any kind of emancipation and freedom. By the way, racism, women rights, gay marriage and hispanic integration are not equal. There is a difference in nature not of degree, between black dealing with racism and discriminations (1) in America and the others civil rights quests.
Who gave Gaddafi the deadly and final shot at the Head? It is said that he was a French man. Who is that guy ? If Jews servants and stewards, Majordome-like, have those cojones, we expect them to bring the assassin on day light and to justify their criminal act publicly.
So men, move up and assume your satanism in daylight. NOW. Who was the killer ?
The War to End Slavery Didn’t – OpEd (Eurasianews) –
(1) – DISMANTLING STRUCTURAL RACISM – THE WAY AHEAD
Brothers and Sisters –
As you know, we launched our campaign almost five months ago and we’re doing very well so far. We’ve seen leads in Iowa and New Hampshire, and continue to gain ground in states across the country.
And while we will never raise as much money as our opponents who receive huge donations from wealthy individuals and super PACs, I have been amazed by the outpouring of grassroots financial support that we have secured. In just a few months, we have received almost 1 million individual contributions online. Incredibly, these donations average less than $30 per contribution. In other words, while my opponents hold fundraising events in which a handful of millionaires make huge contributions, we are gaining extraordinary support with modest contributions coming from the working families and middle class of our country.
That’s what my politics is all about. That’s what I want to do throughout this campaign. And I want to thank all of you for your support.
Let me be very clear. As I have mentioned before and will mention again and again, this campaign is not about Bernie Sanders. It’s about putting together a grassroots movement of Americans who stand up and say: « Enough is enough. This country and our government belong to all of us, not just a handful of billionaires. »
Sign on to endorse the campaign’s progressive platform below — click here to add your name. Here’s what this campaign is going to continue to talk about:
Income and wealth inequality: In the United States today we have the most unequal wealth and income distribution of any major country on earth — worse than at any time since the 1920s.
In terms of income, more than half of all new income is going to the top 1 percent. In other words, millions of Americans are working longer hours for lower wages, while virtually all new income growth goes to the people who need it the least.
This is a rigged economy. It is an economy which is not sustainable from a moral, economic or political perspective. Our economy must be changed in fundamental ways.
Jobs and income: The newspapers tell us that « official » unemployment is 5.1 percent. Real unemployment however, including those people who have given up looking for jobs and people who are working part-time when they want to work full-time, is 10.3 percent. And the youth unemployment rate is off the charts. For high school graduates between the ages of 17 and 20 years old, the real unemployment rate is 33.8 percent for white Americans, 36.1 percent for Hispanic Americans, and 51.3 percent for African Americans. This is nothing less than a national tragedy.
The fastest and most effective way to create a large number of good paying jobs is to rebuild our crumbling infrastructure — roads, bridges, rail, airports, water systems, waste water plants, etc. We can also create good paying jobs by hiring the teachers and pre-school educators we need to make sure our young people get a high-quality education.
We must end our disastrous trade policies, which are resulting in the outsourcing of jobs. That is why I am vigorously opposed to the Trans-Pacific Partnership Agreement, and will do everything that I can to defeat it.
We need to raise the minimum wage to a living wage. Nobody who works 40 hours a week in our country should live in poverty. Over a period of a few years the national minimum wage should be $15 per hour.
We must end the disgrace of women earning 79 cents on the dollar for doing the same work as a man. We will fight for pay equity.
We need to end the scandal in which millions of Americans work 50 to 60 hours per week but receive no overtime pay. People who work overtime must get time and a half.
Campaign finance reform: As a result of the Citizens United Supreme Court decision, American democracy is being undermined by the ability of the Koch brothers and other billionaire families to buy elections. These wealthy contributors can literally buy politicians and elections by spending hundreds of millions of dollars in support of the candidates of their choice. I introduced a constitutional amendment to overturn Citizens United and will fight hard to make certain that we win that struggle. In the short term, we need to pass a disclosure law to rein in the political power of big money. In the long term, we need to move toward public funding of elections so that all candidates can run for office without being beholden to the wealthy and powerful.
Climate change: Climate change is real, it is caused by human activity, and it is already devastating our nation and planet. The United States must lead the world in combating climate change and transforming our energy system away from fossil fuels and toward energy efficiency and sustainability. We have a moral responsibility to make certain that our kids and grandchildren can live on a habitable planet.
College affordability: In a highly competitive global economy, the United States needs the best educated workforce in the world. Thirty years ago we led the world in the percentage of our people who had college degrees. Today we are in 12th place, and we are moving in the wrong direction. I have talked to too many young people who can no longer afford to go to college or are leaving school deeply in debt. This is not acceptable.
Every person in this country who has the desire and ability should be able to get all the education they need regardless of the income of their family. This is not a radical idea. In Germany, Scandinavia and many other countries, higher education is either free or very inexpensive. We must do the same.
Dismantling structural racism: Throughout much of our history, the elite in America have divided people along racial lines in an effort to consolidate wealth and power. We need to simultaneously address the structural and institutional racism which exists in this country while at the same time vigorously attacking the grotesque level of income and wealth inequality which is making the very rich much richer, and everyone else — especially the African-American community — much poorer.
Meanwhile, too many people of color in this country find themselves subjected to a system that treats citizens who have not committed crimes like criminals. We have more people locked up in jail than any other country on earth. We need to invest in jobs and education, not jails and incarceration.
Finally, no person should have to worry that a routine interaction with law enforcement will end in violence or death. Black lives matter: we must reform our criminal justice system, move away from the militarization of police forces, and invest in community policing.
Health care: Shamefully, the United States remains the only major country on earth that does not guarantee health care to all people. Despite the modest gains of the Affordable Care Act, 35 million Americans continue to lack health insurance and many more are underinsured. Yet, we continue to pay far more per capita for health care than any other nation. The United States must move toward a Medicare-for-all single-payer system. Health care is a right, not a privilege.
Poverty: The United States has more people living in poverty today than at almost any time in the modern history of our country. We have the highest rate of childhood poverty of nearly any major country, while millions of Americans struggle to put food on the table. The Republican response to the crisis of poverty in America? Give more tax breaks to billionaires and make savage cuts to health care, education and nutrition programs. My response is somewhat different. I believe that in a democratic, civilized society none of our people should be hungry or live in desperation. We need to expand Social Security, not cut it. We need to increase funding for nutrition programs, not cut them.
Tax reform: We need real tax reform which makes the rich and profitable corporations begin to pay their fair share of taxes. It is absurd that in 1952, corporate income taxes provided 32 percent of federal revenue, but in 2014 they provided only 11 percent. It is scandalous that major profitable corporations like General Electric, Verizon, Citigroup and Bank of America have, in a given recent year, paid nothing in federal income taxes. It is fiscally irresponsible that the U.S. Treasury loses about $100 billion a year because corporations and the rich stash their profits in the Cayman Islands, Bermuda and other tax havens.
Warren Buffett is honest. He has pointed out the unfairness that he, a multi-billionaire, pays a lower effective tax rate than his secretary. It is not acceptable that billionaire hedge fund managers are able to pay lower effective tax rates than truck drivers or nurses because they take advantage of a variety of tax loopholes that their lobbyists wrote.
This must end. We need a tax system which is fair, and which is progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities.
These are just some of the issues that we will be dealing with. Add your name to stand with me and endorse this platform for our campaign.
The struggle to create a nation and world of economic and social justice and environmental sanity is not an easy one. The struggle to try and create a more peaceful world will be extremely difficult. But this I know: despair is not an option if we care about our kids and grandchildren. Giving up is not an option if we want to prevent irreparable harm to our planet.
We must stand up and fight back. We must launch a political revolution which engages millions of Americans from all walks of life in the struggle for real change. This country belongs to all of us, not just the billionaire class. And that’s what our campaign is all about.
This campaign cannot be won by me alone. That is absolutely for sure. To win, all of us must be deeply involved.
In the coming days, weeks and months we need to hear your ideas as to what issues are most important to you and your community. We need to hear your thoughts about how we can mount the effective campaign we need to win. We need your help in spreading the word so that your friends, neighbors, and co-workers become involved in the effort.