Addis Ababa Action Agenda of the Third International Conference
on Financing for Development (Addis Ababa Action Agenda)
A/RES/69/313
sustainable development and significantly enhance economic growth and
productivity. We commit to promoting social inclusion in our domestic policies. We
will promote and enforce non-discriminatory laws, social infrastructure and policies
for sustainable development, as well as enable women’s full and equal participation
in the economy and their equal access to decision-making processes and leadership.
22. We recognize that significant additional domestic public resources,
supplemented by international assistance as appropriate, will be critical to realizing
sustainable development and achieving the sustainable development goals. We
commit to enhancing revenue administration through modernized, progressive tax
systems, improved tax policy and more efficient tax collection. We will work to
improve the fairness, transparency, efficiency and effectiveness of our tax systems,
including by broadening the tax base and continuing efforts to integrate the informal
sector into the formal economy in line with country circumstances. In this regard,
we will strengthen international cooperation to support efforts to build capacity in
developing countries, including through enhanced official development assistance
(ODA). We welcome efforts by countries to set nationally defined domestic targets
and timelines for enhancing domestic revenue as part of their national sustainable
development strategies and will support developing countries in need in reaching
these targets.
23. We will redouble efforts to substantially reduce illicit financial flows by 2030,
with a view to eventually eliminating them, including by combating tax evasion and
corruption through strengthened national regulation and increased international
cooperation. We will also reduce opportunities for tax avoidance and consider
inserting anti-abuse clauses in all tax treaties. We will enhance disclosure practices
and transparency in both source and destination countries, including by seeking to
ensure transparency in all financial transactions between Governments and
companies to relevant tax authorities. We will make sure that all companies,
including multinationals, pay taxes to the Governments of countries where
economic activity occurs and value is created, in accordance with national and
international laws and policies.
24. We note the report of the High-level Panel on Illicit Financial Flows from
Africa. We invite other regions to carry out similar exercises. To help to combat
illicit flows, we invite the International Monetary Fund (IMF), the World Bank and
the United Nations to assist both source and destination countries. We also invite
appropriate international institutions and regional organizations to publish estimates
of the volume and composition of illicit financial flows. We will identify, assess and
act on money-laundering risks, including through effective implementation of the
Financial Action Task Force standards on anti-money-laundering/counter-terrorism
financing. At the same time, we will encourage information-sharing among financial
institutions to mitigate the potential impact of the anti-money-laundering and
combating the financing of terrorism standard on reducing access to financial
services.
25. We urge all countries that have not yet done so to ratify and accede to the
United Nations Convention against Corruption,11 and encourage parties to review its
implementation. We commit to making the Convention an effective instrument to
deter, detect, prevent and counter corruption and bribery, prosecute those involved
in corrupt activities and recover and return stolen assets to their country of origin.
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United Nations, Treaty Series, vol. 2349, No. 42146.
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