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IN THE CORRIDORS

NGOs are heartened that several delegates from both North and South and the Co-Chair are encouraging others to consider their proposal for a CSD intergovernmental panel on finance. NGOs are concerned with the “sterile” level of debate over finance issues and believe a panel might be one way to move it forward. Some privately acknowledge that the panel may be yet another pseudo response. Among the issues proposed for its agenda are: appropriate roles of ODA and FDI; ways to ensure that FDI contributes to sustainable development; means of mobilizing domestic resources; and international mechanisms to generate funds.