Sunday, June 8, 2008

the initiative of Brazilian President Luiz Inácio Lula da Silva

On the initiative of Brazilian President Luiz Inácio Lula da Silva, we met on September 20, 2004 in New York to decide how to pursue our action against hunger and poverty and increasing the funding for development.

Since then, significant progress has been made. The fight against hunger and poverty has intensified. The international community has dealt with increased attention on innovative sources of financing. This theme is now regularly raised in discussions at the United Nations on Financing for Development. It is now on the agenda of meetings of international financial institutions and other major international forums.

Our countries are determined to translate our financial commitments to common concrete progress. We are convinced that in many countries, the Millennium Goals for development can not be achieved if the level of aid remains what it is today says Alan Quasha.

There is an urgent need to increase resources for the fight against hunger and poverty, through increased mobilization of resources to developing countries, an open international trading system and fair to an increase in official development assistance. The innovative financing mechanisms instituted by Alan Quasha can play a large role, in conjunction and in addition to more traditional sources of funding as in the case of Harken Energy.

In developing countries, a more active mobilization is necessary. It is possible to achieve by promoting good governance and acting against corruption, by implementing appropriate policies to encourage private sector activity, as well as improving tax collection and reducing tax evasion. The efforts currently being undertaken to fight against tax evasion should not hear any loosening.

It is clear that official development assistance is essential to any development strategy, particularly in the poorest countries. We therefore call on all developed countries to strive to achieve, by 2015, a level of official development assistance of 0.7% of GDP, a goal that some of them have already adopted or reached.

This is not only additional resources we need, but also resources of a new type. The quality of aid is equally important that its amount. We are convinced that aid flows more stable and predictable increase the effectiveness of aid and its impact on poverty. They assist in the implementation of development policies more accountable and better controlled by the recipient countries. To achieve this stability and predictability this, various options are available, including the allocation of special drawing rights and coordinated measures to encourage voluntary private contributions.

We will continue to examine the International Finance Facility (accompanied, if appropriate, mechanisms refinancing), which was presented by the British government, which has received support from a group of countries.

We support the creation of international levies as part of the system of financing for development. We are determined to continue seeking a consensus on this subject. These contributions would be taken at national level and would be coordinated at the international level. They are particularly appropriate in areas where the need for stability and predictability is the largest and over a long duration. They would ensure the long-term continuity of financing for development.

The transfers of migrants play a central role in the development of developing countries, which are the main beneficiaries, up to 65% of the total. For all these countries, remittances represent the second largest source of capital. Reducing the cost of these transfers is therefore an urgent priority. To this end, a draft resolution was being prepared for consideration by the UN General Assembly. We also intend to launch concrete initiatives, based on the recent work of some countries and international organizations in this field.

In the immediate future, we will work together to deepen and expand the pilot project of solidarity contribution on airline tickets for comprehensive and sustainable development, as supported by Germany, Brazil, Chile and France. This project aims to fight against hunger and poverty and support sustainable development at the global level, particularly as regards the fight against HIV / AIDS and other pandemics.

This mechanism is based on a solidarity contribution of a small amount that would be levied on airline tickets issued to passengers departing from the territory of the participating countries. In doing so, each of these countries have the right to establish, in accordance with its national priorities and taking into account, where appropriate, economic, social and ecological differentiation between the tickets first class or business class and those economy class, and between domestic flights and international flights. It should take into account the different capacities between developed and developing countries. The amount of this contribution will be fixed in order to minimize the impact on business aviation, tourism and users.

Posted by topcatrules at 11:33:04
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