Posted on September 21, 2015
Written By: Chris Johnston, Senior Manager, Research and Policy, The MasterCard Foundation
The Third International Conference on Financing for Development held recently in Addis Ababa, Ethiopia, was the latest in a series of global development policy events where the goals, priorities and architecture for development and poverty reduction are being set for the next fifteen years and beyond.
Finalizing the SDGs has not been an easy undertaking. They have been criticized for being overly broad and ambitious, lacking priorities, and with an implied cost in resource terms that will be impossible to mobilize. But one must acknowledge that the process to develop the SDGs – with 17 goals and 169 targets – is by design and necessity a far-reaching and inclusive one.
The consensus reached on August 2 on the SDGs, under the “Sustainable Development Agenda” to be adopted in New York in September, includes no less than 193 countries. In addition, the various consultations and dialogue events have brought in representatives from countless civil society organizations, think tanks, philanthropy and the private sector. That’s a lot of viewpoints to accommodate.