A/RES/69/313
Addis Ababa Action Agenda of the Third International Conference
on Financing for Development (Addis Ababa Action Agenda)
its resources in order to strengthen its effectiveness and operational capacity. To that
end, we will increase the frequency of its meetings to two sessions per year, with a
duration of four working days each. We will increase the engagement of the
Committee with the Economic and Social Council through the special meeting on
international cooperation in tax matters, with a view to enhancing intergovernmental
consideration of tax issues. Members of the Committee will continue to report
directly to the Economic and Social Council. We continue to urge Member States to
support the Committee and its subsidiary bodies through the voluntary trust fund, to
enable the Committee to fulfil its mandate, including supporting the increased
participation of developing country experts at subcommittee meetings. The
Committee members shall be nominated by Governments and acting in their expert
capacity, who are to be drawn from the fields of tax policy and tax administration
and who are to be selected to reflect an adequate equitable geographical
distribution, representing different tax systems. The members shall be appointed by
the Secretary-General, in consultation with Member States.
30. We will strengthen national control mechanisms, such as supreme audit
institutions, along with other independent oversight institutions, as appropriate. We
will increase transparency and equal participation in the budgeting process and
promote gender responsive budgeting and tracking. We will establish transparent
public procurement frameworks as a strategic tool to reinforce sustainable
development. We take note of the work of the Open Government Partnership, which
promotes the transparency, accountability and responsiveness of Governments to
their citizens, with the goal of improving the quality of governance and government
services.
31. We reaffirm the commitment to rationalize inefficient fossil-fuel subsidies that
encourage wasteful consumption by removing market distortions, in accordance
with national circumstances, including by restructuring taxation and phasing out
those harmful subsidies, where they exist, to reflect their environmental impacts,
taking fully into account the specific needs and conditions of developing countries
and minimizing the possible adverse impacts on their development in a manner that
protects the poor and the affected communities.
32. We note the enormous burden that non-communicable diseases place on
developed and developing countries. These costs are particularly challenging for
small island developing States. We recognize, in particular, that, as part of a
comprehensive strategy of prevention and control, price and tax measures on
tobacco can be an effective and important means to reduce tobacco consumption and
health-care costs and represent a revenue stream for financing for development in
many countries.
33. We note the role that well-functioning national and regional development
banks can play in financing sustainable development, particularly in credit market
segments in which commercial banks are not fully engaged and where large
financing gaps exist, based on sound lending frameworks and compliance with
appropriate social and environmental safeguards. This includes areas such as
sustainable infrastructure, energy, agriculture, industrialization, science, technology
and innovation, as well as financial inclusion and financing of micro, small and
medium-sized enterprises. We acknowledge that national and regional development
banks also play a valuable countercyclical role, especially during financial crises
when private sector entities become highly risk-averse. We call upon national and
regional development banks to expand their contributions in these areas, and further
urge relevant international public and private actors to support such banks in
developing countries.
10/37
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