Leading Group on Innovative Financing for Development
Encyclopedia
The Leading Group on Innovative Financing for Development is a global platform made up of 55 member countries with differing levels of development, operating alongside international organisations and NGOs. Formerly known as the Leading Group on Solidarity Levies to Fund Development, the Leading Group seeks to promote the implementation and definition of innovative financing
mechanisms around the world.
Formed in 2006, the Leading Group is coordinated by the Permanent Secretariat which is located in Paris at the French Ministry of Foreign and European Affairs
.
The following countries serve as observer countries in the Leading Group:
The following international organisations are currently members of the Leading Group:
Innovative financing
Innovative financing refers to a range of non-traditional mechanisms to raise additional funds for development aid through "innovative" projects such as micro-contributions, taxes, public-private partnerships and market-based financial transactions....
mechanisms around the world.
Formed in 2006, the Leading Group is coordinated by the Permanent Secretariat which is located in Paris at the French Ministry of Foreign and European Affairs
Minister of Foreign Affairs (France)
Ministry of Foreign and European Affairs ), is France's foreign affairs ministry, with the headquarters located on the Quai d'Orsay in Paris close to the National Assembly of France. The Minister of Foreign and European Affairs in the government of France is the cabinet minister responsible for...
.
Membership
The following countries are currently members of the Leading Group:
Algeria, Bangladesh, Belgium, Benin, Brazil, Burkina Faso, Cambodia, Cameroon, Cape Verde, Central African Republic, Chile, Congo, Cote d’Ivoire, Cyprus, Djibouti, Ethiopia, European Commission, Finland, France, Gabon, Germany, Great Britain, Guatemala, Guinea, Haiti, India, Italy, Japan, Jordan, Lebanon, Liberia, Luxembourg, Madagascar, Mali, Mauritania, Mauritius, Mexico, Morocco, Mozambique, Namibia, Nicaragua, Niger, Nigeria, Poland, Romania, Sao Tome and Principe, Saudi Arabia, Senegal, Sierra Leone, South Africa, South Korea, Spain, Togo, and Uruguay.
The following countries serve as observer countries in the Leading Group:
Austria, China, Egypt and Roumania
The following international organisations are currently members of the Leading Group:
- United NationsUnited NationsThe United Nations is an international organization whose stated aims are facilitating cooperation in international law, international security, economic development, social progress, human rights, and achievement of world peace...
- African Development BankAfrican Development BankThe African Development Bank Group is a development bank established in 1964 with the intention of promoting economic and social development in Africa...
- World BankWorld BankThe World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
- Inter-American Development BankInter-American Development BankThe Inter-American Development Bank is the largest source of development financing for Latin America and the Caribbean...
- Asian Development BankAsian Development BankThe Asian Development Bank is a regional development bank established on 22 August 1966 to facilitate economic development of countries in Asia...
- FAOFãoFão is a town in Esposende Municipality in Portugal....
- International Monetary FundInternational Monetary FundThe International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...
- United Nations Population FundUnited Nations Population FundThe United Nations Population Fund is a UN organization. The work of the UNFPA involves promotion of the right of every woman, man and child to enjoy a life of health and equal opportunity. This is done through major national and demographic surveys and with population censuses...
(UNPF) - The Global Fund
- OECD
- WHOWhoWho may refer to:* Who , an English-language pronoun* who , a Unix command* Who?, one of the Five Ws in journalism- Art and entertainment :* Who? , a 1958 novel by Algis Budrys...
- UNAIDS
- WFP
- International Fund for Agricultural DevelopmentInternational Fund for Agricultural DevelopmentThe International Fund for Agricultural Development , a specialized agency of the United Nations, was established as an international financial institution in 1977 as one of the major outcomes of the 1974 World Food Conference. IFAD is dedicated to eradicating rural poverty in developing countries...
(IFAD) - United Nations Procurement Division (UNPD)
- UNICEF