strategy

Providing adequate financial resources to developing countries

Context:
This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.
Implementation:
In 2000, the 0.7 percent target for development assistance has not been met. National development assistance from developed countries averages around 0.25 percent.
Broader:
Financing
Exposing effective negative loans from development banks to developing countries
Narrower:
Tackling global debt issue
Increasing aid to developing countries
Promoting investment in developing countries
Providing technical assistance for development
Facilitated by:
Assessing financing costs of sustainable development
Assessing costs and financing in developing countries to implement Agenda 21
Problems:
Reverse flow of financial aid
Underdevelopment of countries
Organizations:
Joint Ministerial Committee of the Boards of Governors of the World Bank and the International Monetary Fund on the Transfer of Real Resources to Developing Countries
Subjects:
Commerce → Finance
Type Classification:
C: Cross-sectoral strategies