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Capacity building

The Addis Agenda and the 2030 Agenda recognize capacity development as an integral part of the global partnership for sustainable development. The Addis Agenda contains commitments to capacity building in each of its seven action areas, as well as on data and statistics. In addition, there is an overarching commitment contained in paragraph 115 of this chapter on STI and capacity building.

Technology transfer

The Addis Agenda commits to a range of actions with the aim to directly and indirectly foster the development, dissemination and diffusion of technologies to promote sustainable development.

Combating transnational crime

Transnational organized crime undermines sustainable development and the achievement of targets across the agenda – including those fundamental to peace, security, the rule of law, growth, equity and domestic resource mobilization. It is multifaceted in nature, comprising a variety of criminal sectors, crimes and criminal behaviors and typologies. It can have not only a pernicious impact on rule of law and governance but also a deleterious impact on domestic resource mobilisation –including through money laundering, corruption and other economic crimes which impact on fiscal policies.

Promoting safe migration

Ensuring safe, orderly and regular migration requires effective implementation of policies and systems, access to regular channels for migration, well-administered visa and entry schemes, and effective identity management practices. The safety, dignity and human rights and fundamental freedoms of all migrants should be protected, regardless of their migratory status. Comprehensive data are scarce, which may necessitate a case study approach to assessments of policy development.

Shaping financial market regulation for sustainable development

Past financial crises have highlighted the major failures in the financial sector and of financial regulation and supervision. The Addis 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. Regulatory frameworks need to foster stability, safety and sustainability, while also promoting access to finance and sustainable development.

Enhancing global macroeconomic stability with sustainable development

A stable global macroeconomic environment is a public good that can help support countries’ ability to implement policies that contribute to sustainable development. This section looks at how countries’ policies and international organisations’ analysis, advice, and financial support can contribute to both macroeconomic stability and sustainable development.

Improving cooperation, coordination and policy coherence

The Financing for Development outcomes recognize that institutional silos should be broken down to promote cross-fertilization of ideas and more effective coordination of actions at both the national and international levels. They stress the importance of enhancing coherence, governance and consistency of the international monetary, financial and trading systems, and; the need to expand the coherence agenda to take into account economic, social and environmental challenges.

Debt crisis resolution: Actions by official creditors

Since the Monterrey Consensus, Member States of the United Nations have welcomed initiatives to reduce the debt overhang in countries that are under debt distress. Considerable progress was made with respect to LICs, whose main creditors were in the public sector.  Private creditors also contributed to the debt wrote-down for LICs, even though litigation strategies were pursued in some cases by hold-out creditors. The Addis Agenda recognizes the need to assist developing countries in attaining long-term debt sustainability and commits to a range of actions.