Implementation of the Third United Nations Decade for the Eradication of Poverty (2018–2027) A/RES/73/246 particular the least developed countries, to implement programmes and policies to end poverty in all its forms and dimensions; 27. Stresses that the achievement of sustainable development and the eradication of poverty also hinge on the ability and readiness of countries to effectively mobilize domestic resources, attract foreign direct investment, fulfil official development assistance (ODA) commitments and use ODA effectively, and facilitate the transfer of technology, on mutually agreed terms, to developing countries, and also stresses that the resolution of unsustainable debt situations is critical for heavily indebted poor countries, while remittances, the transaction costs for which should be reduced, have become a significant source of income and finance for receiving economies and their contribution to the achievement of sustainable development; 28. Recognizes that the Addis Ababa Action Agenda provides a global framework for financing sustainable development and is an integral part of the 2030 Agenda for Sustainable Development, supports and complements it and helps to contextualize its means of implementation targets with concrete policies and actions, which relate to domestic public resources, domestic and international private business and finance, international development cooperation, international trade as an engine for development, debt and debt sustainability, addressing systemic issues and science, technology, innovation and capacity-building, and data, monitoring and follow-up, and that its full implementation will be critical to effectively implement the Third Decade; 29. Also recognizes that domestic resources mobilization, underscored by the principle of national ownership and supplemented by international assistance, as appropriate, will be critical to realizing sustainable development and achieving the Sustainable Development Goals; 30. Further recognizes that private business activity, entrepreneurship, investment and innovation are major drivers of productivity, inclusive economic growth and job creation and that private international capital flows, particularly foreign direct investment, along with a stable international financial system, are vital complements to national development efforts; 31. Recognizes that more can be done to create competitive business and investment climates in support of sustainable development that are well placed to attract private sector investment and participation, and encourages an increase in the volume, quality, in particular its alignment with the Sustainable Development Goals, diversification and long-term nature of foreign direct investment to all developing countries; 32. Welcomes the progress on financial inclusion across all income groups and all regions in recent years, while being concerned that 2 billion people, primarily in rural areas in developing countries, still do not have access to formal financial services and remaining concerned about the gender gap in financial inclusion; 33. Notes that an important use of international public finance, including ODA, is to catalyse additional resource mobilization from other sources, public and private, and through appropriately designed risk-sharing instruments, including co-investments, public-private partnerships and guarantees, and also notes that it can support improved tax collection, help to strengthen domestic enabling environments and build essential public services and can also be used to unlock additional finance through blended or pooled financing and risk mitigation, notably for infrastructure and other investments that support private sector development; 34. Emphasizes that international public finance plays an important role in complementing the efforts of countries to mobilize public resources domestically, 18-22624 11/14