World needs new, innovative financing strategies to drive developmentListen /
New and innovative sources of funding are needed to supplement decreasing official development assistance (ODA) to developing countries.
That's the conclusion made by delegates attending a two day High-level Dialogue on Financing for Development.
In the year 2000, UN Member States together with the world's leading development institutions agreed on a blueprint to scale up action against extreme poverty, hunger and disease by 2015.
The shortfall in development funds has affected the attainment of the anti-poverty goals.
Jocelyne Sambira reports.