High-Level Bretton Woods ECOSOC Meeting

A special high-level meeting of the Economic and Social Council (ECOSOC) with the Bretton Woods institutions (BWIs), the World Trade Organization (WTO), the United Nations Conference on Trade and Development (UNCTAD), the International Monetary Find (IMF) and the World Bank was held in New York on April 20th and 21st, 2015. The theme of the meeting, “Coherence, coordination and cooperation in the context of financing for sustainable development and the post-2015 development agenda,” was highly relevant in preparation for the upcoming Third International Conference on Financing for Development, to be held in Addis Ababa, Ethiopia on July 13-16, 2015.

The meeting, which was opened by H.E. Mr. Martin Sajdik, President of ECOSOC and Permanent Representative of Austria to the United Nations, and Mr. Ban Ki-moon, Secretary-General of the United Nations, featured a Ministerial segment on world economic situations and prospects. This was followed by a series of thematic debates on financial resource mobilization and effective use, renewed global partnerships for development and the enhancing the role of ECOSOC within the context of the post-2015 development agenda.

Member States and institutional stakeholders used the meeting to discuss and exchange views on the new financing framework that will be intergovernmentally negotiated and agreed upon through the outcome of the Addis Ababa conference in July. Participants focused on concrete issues such as poverty eradication, infrastructure, food security and agriculture, and the creation and preservation of a conducive economic environment that will promote sustainability on the local, national, regional and international level.