• skip navigations
• Japanese (日本語)
• Other Languages
• Sitemap

• >> Advanced Search
• Help

The Eighth Plenary Meeting of the Leading Group (LG) on Innovative Financing for Development

December 17, 2010
Japanese

1. On December 16 (Thu) and 17 (Fri), the Eighth Plenary Meeting of the Leading Group (LG) on Innovative Financing for Development was held at Tokyo Mita House. The two-day Plenary Meeting, chaired by Minister for Foreign Affairs Seiji Maehara, was attended by representatives of 56 countries, 20 international organizations and 18 groups. Many countries in the Asia-Pacific region and other regions participated in the LG Plenary Meeting for the first time in response to calls from Japan.
   
   
2. At the Plenary Meeting, Minister Maehara called attention to Japan's contributions as LG President, saying that it is essential to mobilize a wide range of resources to deal with demand for global development and that Japan had called for participation by more countries in light of the need to further generate interest in innovative financing for development. The minister highly valued the fact that those countries which participated in the meeting for the first time showed that innovative development financing has become an issue of genuine international interest. He also explained specific examples of innovative financing involving the Government of Japan and the private sector.
   
   
3. At the Plenary Meeting, delegates held lively discussions about innovating development financing in connection with health, illicit flows, international financial transactions, climate change, poverty, food security, and remittances by immigrants. As a result of the discussions, the Chair’s Summary chronicling the activities of Japan as President of the Group in the latter half of this year was issued and the meeting was adjourned. Mali was chosen as the next President (scheduled to assume the post on January 1, 2011) and Spain after that.

Related Information (Japan's ODA)