Decent Work in the Financing for Development Vinicius Pinheiro, Deputy Director ILO New York 12 May 2015 ITUC – FES Advocacy Seminar Cornell Worker Institute.

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Presentation transcript:

Decent Work in the Financing for Development Vinicius Pinheiro, Deputy Director ILO New York 12 May 2015 ITUC – FES Advocacy Seminar Cornell Worker Institute

Rationale for prioritizing DW in the FfD Post 2015: Inclusive growth and DW are intrinsically linked DW -> Finance (Domestic Resource Mobilization) Finance (Public and private investment) and Trade -> DW Social spending/inequality/social protection/SPFs

Addis Accord – Structure (2 nd Draft) I. Global framework ▫Mobilizing support for the Post 2015 II. Action Agenda ▫A. Domestic public resources ▫B. Domestic and international private business and finance ▫C. International public finance ▫D. International trade as an engine for development ▫E. Debt and Sustainability ▫F. Addressing Systemic Issues ▫G. Science, Technology, Innovation and Capacity Building III. Data, Monitoring and Follow up

I. Global framework What’s in there? ▫Commitment to ensure DW for All (P1) ▫Recognition that inequalities are increasing (P4) ▫Delivering Social Protection/SPFs and SMEs as core deliverables (PPs 11 and 14) What’s missing? ▫Acknowledgement of the role of social partners (P9) ▫Reference to ILO R202 and SPF Global Fund (P11)

A. Domestic public resources What’s in there? ▫Gender empowerment, ILO Global Jobs Pact and Youth Employment Strategy (P18) ▫Formalization (P19) ▫SP/SPFs (P28) What’s missing? ▫Connect DW to Inclusive Growth (P16) ▫Explicit recognition linkages between DW and FfD (P16 bis) ▫Reference to ILO R202 (P11)

B. Domestic and international private business and finance What’s in there? ▫Productive employment and local development (P32); Entrepreneurship (p33) ▫CSR and labour rights (p35-36) ▫Remittances (p39) ▫Gender empowerment, discrimination, DW (p40) ▫FDI, value chains, CSRs (p44) ▫Skills (p46) What’s missing? ▫MNE Declaration (p35-36, 44) ▫Commitment to youth employment partnership (p41bis) ▫SMEs and transition to formal economy (p42)

Others What’s in there? ▫Trade: Recognition that appropriate policies can support employment and DW (P70) ▫Systemic issues: Positive effects of labour migration (P99) ▫Science/Innovation: driver of employment creation (p103), skills (p105), need for TVET (107)

Priorities for action Macroeconomic policies for DW and a primary source of domestic resources mobilization Social Partners/Social Dialogue ILO R202, SPF Fund ILO MNE Declaration Commitment to Youth Employment Partnership