A/RES/59/314
we take note with interest of the international efforts, contributions and discussions,
such as the Action against Hunger and Poverty, aimed at identifying innovative and
additional sources of financing for development on a public, private, domestic or
external basis to increase and supplement traditional sources of financing. Some
countries will implement the International Finance Facility. Some countries have
launched the International Finance Facility for immunization. Some countries will
implement in the near future, utilizing their national authorities, a contribution on
airline tickets to enable the financing of development projects, in particular in the
health sector, directly or through financing of the International Finance Facility.
Other countries are considering whether and to what extent they will participate in
these initiatives;
(e) We acknowledge the vital role the private sector can play in generating
new investments, employment and financing for development;
(f) We resolve to address the development needs of low-income developing
countries by working in competent multilateral and international forums, to help
them meet, inter alia, their financial, technical and technological requirements;
(g) We resolve to continue to support the development efforts of middleincome developing countries by working, in competent multilateral and
international forums and also through bilateral arrangements, on measures to help
them meet, inter alia, their financial, technical and technological requirements;
(h) We resolve to operationalize the World Solidarity Fund established by the
General Assembly and invite those countries in a position to do so to make
voluntary contributions to the Fund;
(i) We recognize the need for access to financial services, in particular for
the poor, including through microfinance and microcredit.
Domestic resource mobilization
24. In our common pursuit of growth, poverty eradication and sustainable
development, a critical challenge is to ensure the necessary internal conditions for
mobilizing domestic savings, both public and private, sustaining adequate levels of
productive investment, increasing human capacity, reducing capital flight, curbing
the illicit transfer of funds and enhancing international cooperation for creating an
enabling domestic environment. We undertake to support the efforts of developing
countries to create a domestic enabling environment for mobilizing domestic
resources. To this end, we therefore resolve:
(a) To pursue good governance and sound macroeconomic policies at all
levels and support developing countries in their efforts to put in place the policies
and investments to drive sustained economic growth, promote small and mediumsized enterprises, promote employment generation and stimulate the private sector;
(b) To reaffirm that good governance is essential for sustainable
development; that sound economic policies, solid democratic institutions responsive
to the needs of the people and improved infrastructure are the basis for sustained
economic growth, poverty eradication and employment creation; and that freedom,
peace and security, domestic stability, respect for human rights, including the right
to development, the rule of law, gender equality and market-oriented policies and an
overall commitment to just and democratic societies are also essential and mutually
reinforcing;
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