🌐 The first week of #BBNJ #PrepCom3 has concluded after five days of tireless negotiations, with parallel meetings pushing progress across all agenda items.
📝 Our doctoral Researcher @wenwenlyu.bsky.social is on-site to provide a brief overview of the progress during the first week 👇
Week 1 at #PrepCom3 has been focused on the building blocks of the #BBNJ Agreement.
Our DOSI delegation is doing a great job on the ground, supporting delegate discussion on how the BBNJ Agreement will be operationalised.
What's happened so far? 👇🧵
🌊 Der deutsche Bundesrat ebnet nun auch den weiteren Weg für Deutschlands Beitritt zum BBNJ-Abkommen! Ein wichtiges Signal während der #PrepCom3 in NY, der letzten Sitzung vor #BBNJCOP1. OceanCare begrüsst diesen Schritt.
#BBNJ @highseasalliance.bsky.social @umweltministerium.de
DOSI ambassadors are at #PrepCom3 for the #BBNJ Agreement in New York.
Over the next two weeks, the DOSI delegation, led by Christine Gaebel & Marina Garwood, will be working to support States and other actors as they consider the rules, procedures, and institutions required for the implementation.
3rd Session of the Preparatory Committee for the 4th International Conference on FfD
Co-Chair Rui Vinhas, Portugal
Co-Chair Zéphyrin Maniratanga, Burundi
Stakeholders at #PrepCom3 completed their first full reading of the zero draft of the outcome document for #FfD4, focusing on issues from illicit financial flows and reform of international financial institutions to corruption, ODA, and debt
Summary ➡️ enb.iisd.org/precom3-inte...
#FfD #sustdev
Delegates at #PrepCom3 for #FfD4 concluded a full reading of the Zero Draft of the Outcome Document on Friday, with discussions on science, technology and innovation, and data, monitoring and what comes next
Read ➡️ enb.iisd.org/precom3-inte...
#SDGs #sustdev #finance #FfD
At #PrepCom3 for #FfD4, the Outcome Document Co-Facilitators outlined the roadmap towards revising the document, noting that a revised draft outcome document will be circulated in early March ahead of the first intersessional meeting, where delegates will engage in line-by-line negotiations.
#SDGs
At #PrepCom3 for #Ffd3, delegates are considering the last section of the zero draft of the FfD4 outcome document: #data, #monitoring and follow up.
Data plays a pivotal role for countries striving to achieve the #SDGs.
At #PrepCom3 for #Ffd4, delegates are discussing elements related to #science, #technology and #innovation, providing suggestions to strengthen language on issues such as #artificialintelligence for meeting the #SDGs, and financing for digital infrastructure in developing states.
#AI #Pact4theFuture
At #PrepCom3 for #FfD4 on Thursday, delegations debated options to address debt sustainability, with many developing countries supporting a proposal to establish a multilateral sovereign debt mechanism
Read ➡️ enb.iisd.org/precom3-inte...
#FfD #sustdev #finance
Delegates attending #PrepCom3 for #FfD4 have initiated discussions on how best to address systemic issues, including increasing #inequalities, extreme #poverty, risks of spillover effects of macroeconomic policies and financial crises to developing countries, and a widening financing divide.
In their discussions on debt and debt sustainability, delegates at #PrepCom3 for #FfD4 heard from the Alliance of Small Island States (AOSIS) who noted that debt relief is a matter of justice and human dignity.
📷 Ehud Neuhaus, Unsplash
At #PrepCom3 for #FfD4, delegates are set to embark on discussions related to #debt and debt sustainability, considering if and how to reform the current global debt architecture.
SDG symbols
Co-Facilitator Kaushal Kishor Ray, Nepal
3rd Session of the Preparatory Committee for the 4th International Conference on Financing for Development
In their talks on international development cooperation at #PrepCom3 for #FfD4, several delegations cautioned against rolling #climate finance into #ODA, underscoring the need for new and additional finances to ensure resilience to climate shocks
Read ➡️ enb.iisd.org/precom3-inte...
#finance #SDGs
At #PrepCom3 for #FfD4, delegates have opened discussions on international #trade as an engine for #development, which has close links with various discussions under the World Trade Organization, including related to the import and export of food products, among many other issues.
#WTO
#SDGs
At #PrepCom3 for #FfD4, while South Africa stressed that “ODA is fuel for the engine we are trying to create here,”
the US noted they are not committed to the 0.7% ODA target and opposed any references to financing for #climate, #biodiversity, and ecosystems.
#SDGs
At #PrepCom3 for #Ffd4, delegates are discussing international development cooperation, considering issues such as #ODA, #climatefinance, and development cooperation architecture. Developed countries once committed to 0.7% of their GNI towards development assistance.
#SustainableDevelopment #SDGs
At #PrepCom3 for #FfD4, delegates are continuing discussions on domestic and international private business and #finance towards meeting the #SDGs. Can the private sector be compelled to invest in least developed countries?
PrepCom3
Delegates
Co-Facilitator Merete Fjeld Brattested, Norway
At #PrepCom3 for #FfD4, delegates focused on sections of the zero draft of the outcome document related to mobilizing domestic public resources, holding talks on global #tax cooperation as well as how best to prevent illicit financial flows
Read ➡️ enb.iisd.org/precom3-inte...
#PrepCom3 for #FfD4 delegates have turned their attention to discussions on domestic and international private business and #finance, with some noting the private finance can not and should not replace official development assistance.
At #PrepCom3 for #FfD4, delegates are discussing text related to international #tax cooperation and innovative taxes, as well as illicit financial flows, with many delegations welcoming the ongoing discussions towards a UN Framework Convention on International Tax Cooperation.
At #PrepCom3 for #FfD4, delegates have reconvened to continue discussions on the Zero Draft of the Financing for Development Outcome Document, providing comments on a section on realizing #SustainableDevelopment, with several calling for additional language on #financing for #peace.
What should be achieved in FFD4? A civil society checklist for Member States. Agree on a UN Framework Convention on Tax Cooperation to comprehensively address tax havens, tax abuse by multinational corporations and other illicit financial flows. csoforffd.org
It's tax day at @un.org #PrepCom3. *️⃣ The "Fiscal systems & sustainable development" section in #FfD4 zero draft needs to be reoriented towards int'l #TaxCooperation. Let’s tackle tax injustice at the global level! #UNTaxConvention
➡️ ow.ly/jbzv50UWUhR @gatj.bsky.social
Amina Mohammed, Deputy Secretary-General, UN, addressing the plenary
Norma Salomé Munguía Aldaraca, Director General for Global Affairs, Ministry of Foreign Affairs, Mexico; Sergio Colina Martín, Director-General for Sustainable Development Policies, Ministry of Foreign Affairs, European Union and Cooperation, Spain; and Co-Chair Rui Vinhas, Portugal
Delegates
At #PrepCom3 toward #FfD4 before reviewing the “zero draft” of the outcome document on Monday, delegates called for rebuilding trust and solidarity in the current geopolitical climate, underlining finance is the fuel needed to deliver on the #SDGs
Read ➡️ enb.iisd.org/precom3-inte...
#FfD #finance
