Reflecting upon the present Pact for the Future negotiations, as well as related discussions in the Executive Boards of the World Bank and IMF, the seventy-five-minute moderated dialogue will explore ways in which discussions on international financial architecture reform within New York and Washington, D.C. could be made more complementary, particularly in light of the generational opportunity provided by the 22-23 September 2024 Summit of the Future (where, for instance, Chapters 1 and 5 of the summit’s chief outcome document, the “Pact for the Future”, speak to how a strengthened and innovated World Bank and IMF can help countries to better deliver on the 2030 Agenda for Sustainable Development).
This event is convened by the Stimson Center (in connection with its 35th anniversary commemoration) and timed to coincide with the World Bank-International Monetary Fund Spring Meetings (15-21 April 2024).
Featured Speakers
H.E. Ambassador Antje Leendertse, Permanent Representative of Germany to the UN and Co-Facilitator of the Summit of the Future’s outcome document – the Pact for the Future
H.E. Neville Gertze, Permanent Representative of Namibia to the UN and Co-Facilitator of the Summit of the Future’s outcome document – the Pact for the Future
Amb. Chibamba Kanyama, Ambassador of Zambia to the United States
H.E. Alexia Latortue, Assistant Secretary for International Trade and Development, U.S. Department of the Treasury
Moderator
Richard Ponzio, Director, Global Governance, Justice and Security Program, and Senior Fellow, Stimson Center
Closing Remarks
Nudhara Yusuf, Executive Coordinator, Global Governance Innovation Network, Stimson Center
Some questions to focus the conversation will include:
- How can the Summit of the Future, alongside reform efforts within the World Bank and IMF, address the global financial and economic governance gaps identified in the September 2023 SDG Summit Political Declaration?
- How can international financial architecture innovation help in mobilizing the $500 billion per annum “SDG Stimulus” called for by UN Secretary-General António Guterres and the $300 billion per annum for climate adaptation called for by the UN Intergovernmental Panel on Climate Change, including through cooperation with the G20?
- How can the different multilateral cultures and orientations between New York and Washington, D.C.—with UN diplomats reporting primarily to their Ministries of Foreign Affairs and Bank-Fund Executive Board members reporting primarily to their Ministries of Finance—be bridged to forge a more coherent, networked, and effective system of global financial and economic governance?
The event will also begin with brief updates on the upcoming (9-10 May) 2024 UN Civil Society Conference on the Summit of the Future, planned for 9-10 May in Nairobi, and the recently released outcome report from the Africa SOTF Dialogue, held from 4-6 March 2024 in Abuja.