Taking account of multidimensional vulnerability in the allocation of new development funding

June 22, 2023, Paris

Side event at the Summit on a New Global Financing Pact. Organisers: Organisation internationale de la francophonie (OIF), Commonwealth Secretariat, FERDI.

Palais Brongniart
16 Pl. de la Bourse, 75002 Paris 

22 juin 2023

On invitation

The International organisation of La Francophonie and the Commonwealth Secretariat membership constitute many countries that are highly vulnerable to exogenous shocks, either economic, social or environmental shocks. They strongly suffer from the consequences of these shocks, which hampers their development. Concessional financing for sustainable development should benefit poor and vulnerable countries as a matter of priority. A multidimensional vulnerability index should allow that vulnerability is fully taken into account in the allocation of funds. How could the new global financial pact incorporate this need? 


H.E. Mrs Louise MUSHIKIWABO, Secretary General of La Francophonie

The Rt. Hon. Patricia SCOTLAND, Secretary-General of the Commonwealth 

H.E. Mrs Erna SOLBERG, Co-Chair of the High Level Panel on the Multidimensional Vulnerability Index (MVI), former Prime Minister, Kingdom of Norway 

H.E. Mr Assoumani AZALI, President of the Union of the Comoros, current Chairman of the African Union

H.E. Mr Abdoulaye DIOP, President of the Commission of the West African Economic and Monetary Union (UEMOA)

The Hon. Kerrie D. SYMMONDS, M.P., Minister of Foreign Affairs and Foreign Trade of Barbados, on behalf The Hon. Mia Amor Mottley, S.C., M.P., Prime Minister of Barbados


Prof. Patrick GUILLAUMONT, President, Foundation for International Development Studies and Research (FERDI)

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