27 July 2015 – The United Nations General Assembly today endorsed the new global action agenda for financing sustainable development adopted two weeks ago by a major UN conference, and Secretary-General Ban Ki-moon welcomed the move as a major step that firmly puts the world “on the path to a more prosperous, just and sustainable world for this and future generations.”
General Assembly President Sam Kutesa said today’s action “will further demonstrate our collective commitment towards eradicating poverty, achieving sustainable development and building a better future for all,” and urged UN Member States to “do whatever it will take to ensure that the Addis Ababa Action Agenda is fully implemented.”
The outcome document adopted at the Third International Conference on Financing for Development, which took place in Addis Ababa, Ethiopia earlier this month, the action agenda contains a series of bold measures to overhaul global finance practices and generate investments for tackling a range of economic, social and environmental challenges.