Presentation Jan Van De Poel: "Towards a sustainable finance"

1. Towards sustainable development finance?
Jan Van de Poel, policy officer 11.11.11
@jan_vandepoel, Jan.VandePoel@11.be

2. Diagnosis today
 Development discourse focuses on
growth
Social and ecological sauce
We have the analysis, principles and
experiments
Policies are lagging behind

3. 2015: key moment

4. From MDG’s to SDG’s

5. The17 SDG’s

6. MDG's vs SDG's
MDG's SDG's
Door wie? Experts Inclusief proces
Waarover? Armoedebestrijding Armoedebestrijding +
duurzame ontwikkeling
Wat? 8 doelstellingen, 18
targets
17 doelstellingen, 169
targets?
Wanneer? 2000 – 2015 2016 – 2030
Waar? Ontwikkelingslanden Universeel

8. Sustainable development finance post-2015
1. More money flows out of developing
counrties than in
2. Un(under-)regulated capital flows cost
developing countries
3. Domestic finance is mire important than
international flows

9. Net inflows (2011, bn $)
In Uit Net
Remittances 343 39 304
Loans (private/public) 710 513 197
ODA 166 25 140
FDI 472 420 52
NGO’s, foundations 45 0
Portfolio equity 18
Other Official Flows 79 65 14
Total 771

10. Outflows versus ‘cost of unregulated
capital’

11. Domestic resources more important
than international flows

12. Conclusions/recommendations
1. Mobilizing domestic resources is crucial
2. Quality more important than quantity
 Pro-cylical/volatile
 Don’t fall into the ‘leveraging trap’
1. Need to address systemic issues
 Tackle tax dodging
 Sustainable solutions to debt crisis
 Monetary alternatives
1. Address public finance gap