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IFI Leaders Pledge Stronger Collaboration with UN for Post-2015 Agenda

27 February 2013: The leaders of the African Development Bank (AfDB), the Inter-American Development Bank (IDB), the International Monetary Fund (IMF), the World Bank Group and the European Bank for Reconstruction and Development (EBRD) issued a joint statement on 26 February 2013, regarding the need for greater coordination between the main international financial institutions (IFIs) and the UN, if the Millennium Development Goals (MDGs) are to be achieved by 2015.

In a 26 February 2013 press release, the five leaders recall that issues of inclusive growth, environmental sustainability, and long term financing are "global in nature," and voice their support for an integrated approach to development that includes economic, social and environmental aspects. Moreover, they pledge new approaches regarding financing for development that should enhance official development assistance, private sector investment and better domestic resources mobilization, along with stronger institutions.

Cooperation to improve statistical capacity of governments and accounting of natural wealth also are highlighted as important steps toward better development policies in the context of the ongoing process to define the post-2015 agenda.

The statement was issued by: Donald Kaberuka, AfDB President; Jim Yong Kim, World Bank Group President; Luis Alberto Moreno, IDB President; Min Zhu, IMF Deputy Managing Director; and Suma Chakrabarti, EBRD President. [IMF Press Release][EBRD Press Release][IDB Press Release][AfDB Press Release][World Bank Press Release]

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