{"id":2772,"date":"2015-07-16T04:15:02","date_gmt":"2015-07-16T04:15:02","guid":{"rendered":"http:\/\/unitederitreamedia.com\/blog12\/?p=2772"},"modified":"2015-07-16T04:15:02","modified_gmt":"2015-07-16T04:15:02","slug":"addis-ababa-development-finance-summit-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/unitederitreamedia.com\/blog12\/2015\/07\/16\/addis-ababa-development-finance-summit-all-you-need-to-know\/","title":{"rendered":"Addis Ababa development finance summit: all you need to know"},"content":{"rendered":"
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The agenda set out in the sustainable development goals is visionary, but it\u2019s also going to be costly. We look at what\u2019s up for debate in Addis this week<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/header>\n

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UN secretary general Ban Ki-moon, second left, has given world leaders a video pep talk before the summit in Addis Ababa, which will decide how to finance the sustainable development goals. Photograph: UN Photo<\/figcaption><\/figure>\n
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The world\u2019s development agenda is about to become more expensive than ever. At the UN\u2019s Third Financing for Development conference<\/a>, in Addis Ababa, Ethiopia, between 13-16 July, world leaders will look for ways to pay for the ambitious and costly sustainable development goals (SDGs), which include ending poverty and achieving food security in every corner of the globe by 2030.<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n

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Addis is about moving from billions in financing commitments to trillions.<\/p>\n

The specific targets<\/a> for each goal, which have not been formally agreed yet, will take over from the millennium development goals (MDGs) at the end of the year. According to UN estimates, for the new goals to be met will require as much as $11.5tn a year, $172.5tn over the 15-year timeframe <\/a>.<\/p>\n