Content

Financing development

UN Conference on Financing for Development in Addis Ababa: New global partnership between developing, emerging and industrialised countries

Further ODA increases are important but cannot replace countries' own efforts


Federal Minister Gerd Müller speaking at the Third UN Conference on Financing Development in Addis Ababa

Press release of 13.07.2015 |

Addis Ababa – The pursuit of prosperity in industrialised countries cannot be allowed to continue at the expense of developing countries. Addressing the 193 country representatives at the UN Conference on Financing for Development, Minister Gerd Müller called for a new pact on the world's future.

In Addis Ababa, after the conference was opened by UN Secretary-General Ban Ki-moon, the Minister said: "In a feat of international cooperation, this year, developing, emerging and industrialised countries are agreeing a new global agenda for the future. Here in Addis they are taking decisions on how to finance the global challenges."

In particular, Minister Müller addressed the issue of a more equitable distribution of prosperity. "Behind every single thing we eat, wear or use in our daily lives are people who produce the raw materials and make the final product. From coffee to textiles to electronic parts – it is not right that we should enjoy our prosperity without paying a fair price for it." He went on to say that it is up to the international community to ensure fair, social and environmental standards in supply chains.

Furthermore, Müller called on developing and emerging countries to make greater efforts themselves. "It is important that we continue to increase ODA and Germany is setting a good example for others. ODA, however, cannot replace countries' own efforts and investments, it can only complement them. Germany is supporting its partners first and foremost in the fields of training and health care but also as regards building fair and transparent tax systems and fighting tax flight and illegal financial flows. Partner countries need to increase their own efforts to fight corruption, improve governance and ensure compliance with human rights." According to the Minister, this is necessary for private sector investment, for growth and for better opportunities for young people.

In the morning, prior to the opening of the UN Conference on Financing for Development, Minister Müller met Ethiopia's Prime Minister Hailemariam Desalegn. The meeting focused on German-Ethiopian cooperation on rural development and food security and on the world's worst refugee crisis in 50 years. In Africa, Ethiopia is the country that is hosting the largest number of refugees. Minister Müller put an emphasis on even stronger cooperation in the field of vocational education and training, in particular for refugees. Vocational education and training will also be on the agenda at a meeting with Nkosazana Dlamini-Zuma, Chair of the African Union Commission. The focus will be on the next steps of a training initiative involving Germany, which Minister Müller and Ms Zuma agreed to launch when they last met, in the margins of the G7 summit in Elmau. Germany is engaged in the training sector in 23 countries and will be expanding this work substantially, putting a special focus on women.

The Federal Minister for Economic Cooperation and Development is attending the UN Conference on Financing for Development in the Ethiopian capital. A delegation of members of the German parliament from various political parties is accompanying him. Some 5,000 representatives from the 193 UN member states will be discussing new ways of financing development until Thursday.

Shortlink for this press release

BMZ glossary

Close window

 

Share page