The Addis Ababa Action Agenda urged Member States of the United Nations, international institutions, and all relevant stakeholders to work to prevent and reduce the risk and impact of financial crises, as well as to better prevent and manage risks from disasters. Member States committed to promoting innovative financing mechanisms to allow countries to better prevent and manage risks and develop mitigation plans.
The Addis Ababa Action Agenda commits to prevent all forms of violence, combat terrorism and crime, and end human trafficking and exploitation of persons, in particular women and children, in accordance with international human rights law.
In the Addis Agenda, Governments:
The migration-related commitments in the 2030 Agenda for Sustainable Development, which focus on the rights of migrants regardless of migration status, are complementary to those in the Addis Ababa Action Agenda, which focus on both their rights and their economic activities.
The Addis Ababa Action Agenda emphasizes the importance of strengthening regulatory frameworks at all levels to further increase transparency and accountability of financial institutions, and to address the regulatory gaps and misaligned incentives in the international financial system.
The Addis Ababa Action Agenda recognizes that public policies, regulatory gaps and misaligned incentives pose risks, including to financing sustainable development, and that there are spillover risks to developing countries.
In the Addis Agenda, Governments specifically:
The Addis Ababa Action Agenda recognizes that institutional “silos” need to be broken down through cross-fertilization of ideas and more effective coordination of actions, and stresses the importance of addressing inconsistencies in the system.
The Addis Ababa Action Agenda calls for reforms to the international architecture, including to ensure that international mechanisms and institutions keep pace with the increased complexity of the world and respond to the imperatives of sustainable development. The Addis Agenda builds on the Monterrey Consensus in calling for the implementation of governance reforms to ensure a more inclusive and representative international architecture.
