Politics

From Decisions to Actions: in Pursuit of Sustainable Development and Prosperity for All

2016 United Nations Conference on Trade and Development (UNCTAD) held in Nairobi, Kenya

August 10th, 2016
Myron Kanter-Bax, CD News
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The 14th session of the United Nations Conference on Trade and Development (UNCTAD 14) was held in Nairobi, Kenya, from 17 to 22 July 2016 with a focus on fulfilling UNCTAD’s vision of shaping “prosperity for all” through a transition “From Decisions to Actions”.

The quadrennial global conference of UNCTAD, a subsidiary organ of the UN General Assembly (UNGA) established in 1964 to promote trade, investment, and development in developing countries, took place in Nairobi, Kenya, from 17 to 22 July 2016. The theme of the 14th UNCTAD global conference was “From Decisions to Actions: Moving towards an inclusive and equitable global economic environment for trade and development”.

The theme was reflecting the urgent need for a transition. Being the first United Nations ministerial conference of the post-2015 era and setting the post-2015 development agenda of UNCTAD, the 14th UNCTAD session, as Mukhisa Kituyi, UNCTAD’s Secretary-General, claimed, represented “a starting point to translate the heightened ambitions and commitments of the international community into concrete plans of action.”

The week-long Conference, brought together Heads of State and Government, Ministers and prominent representatives of business, civil society and academia. Through hosting ministerial debates, high-level round tables, thematic events, a World Investment Forum, a Global Commodities Forum, a Youth Forum and a Civil Society Forum, among many other events, it has served as the global forum for inclusive dialogue and policy formulation.

The discussion of sustainable development goals was the prevalent topic and pervaded almost every speech and panel session, while a particular focus was paid on transforming African economies through leveraging public sectors and private sectors funding sources.

The main track of events was as expected the World Leaders Summit which took place on the first day of UNCTAD14 and the post-2015 development agenda of UNCTAD was discussed, setting UNCTAD's mandate and work priorities for the new period.

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