Comments on: Addis reflects the need for a broader vision of development finance http://www.fin4dev.org/2015/07/28/addis-reflects-the-need-for-a-broader-vision-of-development-finance/ Finance for Development: working together to finance global development Wed, 09 Sep 2015 10:07:04 +0000 hourly 1 http://wordpress.org/?v=4.3.1 By: Patricio Marquez http://www.fin4dev.org/2015/07/28/addis-reflects-the-need-for-a-broader-vision-of-development-finance/#comment-15 Sat, 01 Aug 2015 18:59:42 +0000 http://www.fin4dev.org/?p=365#comment-15 Good points by Joachim about how the dynamics of development finance are changing and embracing broad partnerships between governments, private sector, civil society, and multilateral institutions, as a way to help operationalize shared value goals for development.

And I would add, as stated in clause 32 of the Finance for Development (FfD) document–known as the Addis Ababa Action Agenda, that was approved at the UN-sponsored Third International Conference on Financing for Development that was held in Addis Ababa, Ethiopia in mid- July 2015, the achievement of shared value goals for development could also be fostered by enacting policy reforms and adopting innovative financing approaches such as TOBACCO TAXATION: on one hand, to reduce tobacco consumption and hence to contribute to protect and improve the health conditions of the population and reduce premature mortality (indeed, tobacco kills); and on the other hand, to tap a public revenue stream for financing for development in many countries as already done successfully for example in the United States, Canada, England, Australia, Chile and Philippines, while reducing health care costs associated with medical care and other services provided for tobacco-related diseases and disabilities.

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