Global Issues Seminar Series- Global Compacts Slide 1: Agenda for Today 1.Introduction of agenda, panelists and participating sites- 10 Minutes 2.Anatomy and Dynamics of Global Compacts- presentation by Vinay- 20 minutes 3.Round of comments for clarification – 15 minutes 4.Progress in implementing global compacts and consequences of inaction- Remarks by Panelists -30 minutes ( 10 minutes each) 5.Questions, Comments and Answers Session – 45 minutes

Slide 2: A Four Point Framework for Understanding Global Issues Anatomy: What are global compacts ? What led to Global compacts? Their significance ? Controversies ? Dynamics: What forces will determine the outcomes of global compacts ? Actions: What is the current status of progress? What is being done to implement the compacts ? By whom? What more can/should be done? Consequences: What are the likely consequences of inaction or inadequate actions? The World Bank: Global Issues Seminar Series

Slide3:What are the Global Compacts ? Millennium Development Goals: Millennium Summit in New York, USA, September 6-8, 2000 Millennium Declaration established common ground and targets for poverty reduction Doha Declaration: Fourth Ministerial Conferences of WTO in Doha, Qatar, November 9-14, 2001 More equitable trading system for developing countries Summit on Sustainable Development : Johannesburg, South Africa, Aug. 26 – Sep. 4, 2002 Johannesburg Plan of Implementation Strengthened efforts in water, energy, health, agriculture and biodiversity Conference on Financing of Development: Monterrey, Mexico, March 18-22, 2002 Monterrey Consensus to reverse declining ODA trend Stressed importance of economic and social considerations and partnerships Declarations for global partnership for development signed by both industrial nations and developing countries. Enjoy strong legitimacy thanks to strong participation of all countries. Not legally binding. Statements of Intentions.

20 th Century: Great accomplishments- much remains to be done. Major concern areas: Gross disparities of wealth and opportunity in today’s world Miserable conditions in which well over a billion people live Prevalence of endemic conflict in some regions Rapid degradation of the natural environment The present model of development is unsustainable, unless remedial measures are taken by common agreement. Developing countries will not be able to address their challenges without help on trade, aid and debt relief from developed countries. Surveys of public opinion across six continents confirm that such measures are what people want for a better world for all. Slide 4: What led to Global Compacts ?

Slide 5: What is inside the Global Compacts ? Shared values, principles, objectives Recognition that a better world for all requires global partnerships Respective actions that developing and developed countries are committed to take Monitorable targets and progress review mechanisms Partnerships

 GOAL 1 ERADICATE EXTREME POVERTY AND HUNGER  TARGET 1 Halve, between 1990 and 2015, the proportion of people whose income is less than $1 a day  TARGET 2 Halve, between 1990 and 2015, the proportion of people who suffer from hunger  GOAL 2 ACHIEVE UNIVERSAL PRIMARY EDUCATION  TARGET 3 Ensure that by 2015, children everywhere, boys and girls alike, will be able to complete a full course of primary schooling  GOAL 3 PROMOTE GENDER EQUALITY AND EMPOWER WOMEN  TARGET 4 Eliminate gender disparity in primary and secondary education, preferably by 2005, and at all levels of education no later than 2015  GOAL 4 REDUCE CHILD MORTALITY  TARGET 5 Reduce by two-thirds, between 1990 and 2015, the under-five mortality rate Slide 6: Millennium Development Goals (MDGs) Goals and Targets from the Millennium Declaration contd/

 GOAL 5 IMPROVE MATERNAL HEALTH  TARGET 6 Reduce by three-quarters, between 1990 and 2015, the maternal mortality ratio  GOAL 6 COMBAT HIV/AIDS, MALARIA, AND OTHER DISEASES  TARGET 7 Have halted by 2015 and begun to reverse the spread of HIV/AIDS  TARGET 8 Have halted by 2015 and begun to reverse the incidence of malaria and other major diseases  GOAL 7 ENSURE ENVIRONMENTAL SUSTAINABILITY  TARGET 9 Integrate the principles of sustainable development into country policies and programs and reverse the loss of environmental resources  TARGET 10 Halve by 2015 the proportion of people without sustainable access to safe drinking water and basic sanitation  TARGET 11 Have achieved a significant improvement by 2020 in the lives of at least 100 million slum dwellers  GOAL 8 DEVELOP A GLOBAL PARTNERSHIP FOR DEVELOPMENT Slide 7 : MDGs Continued

Slide 8: WTO’s Fourth Ministerial Meeting - Doha Declaration  Calls for the establishment of a market-oriented and fair trading system through - fundamental reform in agriculture trade - market access for non-agricultural products - IPR regime supportive of public health objectives  Recognizes explicitly the special needs of developing countries - enhanced market access - balanced rules - strengthening special and differential treatment provisions - difficulties in implementing Uruguay Round commitments - capacity building in support of negotiations - technical assistance through the Integrated Framework

Slide 9: Monterrey Consensus Signaled Importance of Quantity and Quality of Aid  Prompted the pledging of additional ODA of $18.5bn per year to be fully phased in by 2006  Stressed need to create an enabling domestic environment to mobilize domestic resources  Called for more effective ODA (harmonization, untying, poverty focus, result orientation, PRSP ownership)  Recognized urgent need to strengthen inter-institutional collaboration  Interactions between ECOSOC and Bank/IMF Boards on follow up  UN, BWI and WTO to address issues of coherence, coordination and cooperation

Slide 10: World Summit On Sustainable Development  Acknowledged that enhanced efforts in Water, Energy, Health, Agriculture and Biodiversity (WEHAB) would be needed  Recognized the special needs of Africa  Recognized that existing production and consumption patterns could not be continued  Called for companies to strengthen their Corporate Social Responsibility  Led to the announcement of 280 partnership proposals – 50 proposals for World Bank involvement

Historic Common Ground:  International community has set clear and measurable international development goals-MDG, Monterrey,WSSD  Agreement that additional financing from donors will be needed for helping achieve these goals. This reverses the decline in real terms for ODA over the last 20 years.  Mutual obligations of the developed and developing countries have been spelled out in the declarations.  Civil society, youth and other non-state actors have been more closely integrated into global decision making- new multilateralism. Slide 11: Significance of the Global Agenda

Slide 12: Controversial Aspects Measurement Problems Some important goals left out Utopian thinking Effectiveness of Aid Political will

Slide 13:Forces Shaping the Outcomes of Global Compacts? Developing Country level actions Good governance Resource mobilization and investments Private sector development Integration in global economy More Aid and Debt Relief Equitable Trade Monitoring and Advocacy Partnerships Crisis Technological Breakthroughs

Slide 14: For more information please visit… Millennium Development Goals: The Fourth WTO Ministerial Conference Johannesburg Summit 2002: International Conference for Financing and Development World Bank Poverty Net Scaling Up Poverty Reduction Initiative gpoverty The 2005 World Summit Report of the UN Secretary- General Kofi Annan on Millenium Declaration: G8 Gleneagles Global Call to Action Against Poverty World Social Forum 2005: Live 8:

Thank you for your kind attention. Slide 15: Global Issues Seminar Series Let us now go around the sites to see of there are any questions of clarification on what the compacts are and what is in them. After this round we will hear from panelists on progress status of the compacts and the consequences of inadequate action or inaction or wrong actions.