Overview

Having achieved formal status in 2002 through adoption by the Heads of State and Government, the Monterrey Consensus of the International Conference on Financing for Development provides the current framework for international cooperation for development. The Consensus is one of the best-conceived expressions of the contemporary view that such cooperation entails a partnership between developed and developing countries. It covers the full spectrum of issues relating to financing for development, comprising the mobilization of domestic resources for development, trade as an instrument of development financing, private capital flows, official development financing, debt and development, and questions relating to the international financial system as a whole.

Sustainable Development Goals:

Decent Work and Economic Growth

Industry, Innovation and Infrastructure

Climate Action