South Centre Analytical Note - July 2008

This Analytical Note evaluates how far the commitments contained in the 2002 Monterrey Consensus were fulfilled. It also examines the adequacy of the Monterrey Consensus as a framework for guiding international policy decisions and actions in current circumstances, and then outlines the significant changes and developments that have occurred since Monterrey that call for a fresh approach to addressing financing for development issues. Finally, the Analytical Note seeks to identify policy and institutional areas where the world community needs to be more ambitious in its approach, decisions, and actions at the UN International Review Conference on Financing for Development that will take place in Doha at the end of November 2008.