Addis Ababa Action Agenda on Financing for Development

The 2030 Agenda for Sustainable Development ('2030 Agenda') incorporates the Global Goals for Sustainable Development and the Addis Ababa Action Agenda (Addis Agenda) on financing for development, which is the framework that sets out operational commitments for achieving the Global Goals. The 2030 Agenda is universal and applies to developing and developed countries. Funding the goals will require moving from billions of dollars in ODA to trillions of dollars in investment of all kinds. The Addis Agenda recognises this large financing gap and looks beyond aid to domestic resources, trade and private sector means to finance the Global Goals.

The Addis Agenda includes a set of seven Action Areas and a package of over 100 concrete measures within them.

  1. Domestic public resources
    • Mobilise domestic resources including remittance flows and tax
    • Improve transparency, efficiency and effectiveness of tax systems
    • Scale up international tax cooperation
  2. Domestic and international private business and finance
    • Build dynamic private sectors
    • Promote financial inclusion
    • Reduce costs of remittances
  3. International development cooperation
    • Find new ways to attract both public and private sources of financing for development
    • Modernise forms of cooperation
    • Promote foreign direct investment
  4. International trade as an engine for development
    • Ensure trade expansion benefits developing countries
    • Strengthen regional economic integration and interconnectivity
    • Utilising Aid-for-trade
  5. Debt and debt sustainability
    • Strengthen macroeconomic and public resource management
    • Coordinate policies to foster debt financing, debt relief, debt restructuring and debt management
  6. Address systemic issues
    • Strengthen international coordination and policy coherence to enhance global financial and macroeconomic stability.
  7. Science, technology, innovation and capacity-building
    • Investing in multi-stakeholder partnerships
    • Invest in infrastructure and public services
Last Updated: 25 July 2017