Hopes dashed, Addis outcome disappoints
There is no one-size, fits-all solution for financing for development, remarked Mr. Wu Hong Bo, United Nations (UN) Under-Secretary-General for Economic and Social Affairs and Secretary-General of the Third International Conference on Financing for Development (FfD3), in the opening plenary of the CSO FfD Forum held in Addis Ababa, Ethiopia ahead of the official conference. FfD3 thus aims to produce a comprehensive financing framework with a basket of financing options for sustainable development, Mr. Wu added.