Media briefing ahead of conference on financing for fevelopment

Manama, July 7 (BNA): Bahrain-based United Nations Information Centre (UNIC) is holding a media briefing on Sunday in relation to the Third International Conference on Financing for Development in Addis Ababa on July 13-16. UN Resident Coordinator and UNDP Resident Representative Peter Grohmann and UNIC Director Samir Aldarabi will shed light on the conference centered on mobilising the means to make a difference in people’s lives. World leaders will gather to launch a renewed and strengthened global partnership for financing people-centered sustainable development and the conference will result in an intergovernmental negotiated and agreed outcome, which should constitute an important contribution to and support the implementation of the post-2015 sustainable development goals, UNIC said. The conference will look at all sources of finance for sustainable development to ensure that resources are allocated to promote economic prosperity and improve health, education and employment opportunities while protecting the environment. The outcome of the conference is an important milestone in the lead up towards the adoption of a new sustainable development agenda in September and a universal climate change agreement at the Paris Climate Conference in December. The conference will lay the groundwork for the world to invest ahead, for people and the planet. According to UNIC, decisions taken in 2015 can set the world on a course of action to end poverty, promote prosperity and protect the planet. "Through greater cooperation and partnership, countries will look at how they can mobilise all possible sources of financing, including domestic and international, public and private, and ensure that they are channeled for sustainable development," UNIC said.