The Finance for Peace initiative has submitted recommendations to the Secretary-General’s New Agenda for Peace policy brief as part of the UN’s “Our Common Agenda” process.
Key points
- Improving conflict prevention requires increased resources and financing for peace, but it also requires change in the modalities for allocating existing precious peacebuilding resources.
- The scale of the conflict prevention challenge requires a serious rethink of ‘standard models’ of prevention which currently largely neglect the role of key parts of the Global Financial Architecture, including Multilateral Development Banks and the private sector – on peace and conflict dynamics.
- Finance for Peace is a multistakeholder initiative by Interpeace to engage key parts of the Global Financial Architecture to co-develop new standards, principles, and guidance to establish a market for peace enhancing finance.
