Arrangement

The Norwegian Institute of International Affairs (NUPI) has the pleasure of inviting you to a seminar with Philippe Douste-Blazy, who will present his new book on Innovative Financing for Development: The Virtuous Circle: Solidarity will save globalization.

As the financial crisis takes its toll on gains achieved towards the Millennium Development Goals (MDGs) and the costs of adapting to climate change are on the rise, the role of innovative finance for development as a complement to traditional Official Development Assistance (ODA) is more important than ever. It is becoming increasingly clear that innovative sources of financing from non-traditional sources will be crucial to closing the funding gap to achieve development outcome targets in the post- 2015 period, such as Child Protection, Sanitation or Education.
 
In this seminar, Douste-Blazy will discuss the progress made in the promotion of innovative financing mechanisms and how they can bring a positive contribution in mobilizing resources for reaching the MDGs. At the time of the book release, France is working on a new initiative to use taxes on financial transactions to fund health projects for children in developing countries.

Program 14-15.30:

• The Virtuous Circle: Solidarity will change globalization  Philippe Douste-Blazy
• CommentsBenedicte Bull,
  SUMDesmond McNeill,
  SUMOlav Stokke,
  NUPI
• Q and A

The event will be chaired by Stein Sundstøl Eriksen, NUPI.

Philippe Douste-Blazy is former Minister of Foreign Affairs in France, now UN Under-Secretary-General in charge of Innovative Financing. His new book will be available in English from 21 August in Norway.