The round table addressed the theme of ODA, innovative sources of financing and debt .

7. Emphasizes in this regard that debt relief does not replace other sources of financing

In addition to estimating financing gaps and identifying the sources of financing (including different scenarios of debt rescheduling), DSA includes an analysis of debt dynamics to determine the stability of debt to GDP or debt to government revenue ratios.

Innovative sources of financing

Of course, the various components of debt differ considerably in their character and sources of financing and thus in their sustainability.

Donors should leverage aid to grow the pie and to diversify financing sources for the world s poorest countries by providing risk guarantees, innovative investment vehicles, debt syndication, and co financing arrangements.

We support the movement towards debt forgiveness, and we also believe in the creative identification of alternative sources of financing aid for development.

Recognizing, in this regard, the value of developing innovative sources of financing from various sources, on a public, private, domestic and external basis, to increase and supplement traditional sources of financing,

Recognizing, in this regard, the value of developing innovative sources of financing from various sources on a public, private, domestic and external basis to increase and supplement traditional sources of financing,

Of course, the various components of debt differ considerably in their character and sources of financing and thus in their sustainability. But all parts of a country s total debt and how it is financed are interconnected.

In addition, both sources of financing are also uncertain.

Several participants supported innovative sources of financing for development.

Finally, increasing financial leverage means that the firm uses more debt financing relative to equity financing.

For this they will need to turn to multiple sources of financing.

Likewise, we endorse the Declaration on innovative sources of financing for development.

For the longer term, other innovative sources of financing must be considered.

Local bond markets provide alternative sources of financing for companies and Governments, which avoid exchange rate risks inherent to foreign financing.

India needs to expand dramatically the sources and volume of available infrastructure financing.

In addition, the summit recognized the value of developing innovative sources of financing.

We need to address other sources of financing for development, most importantly trade.

First, funds from different sources of finance are interchangeable to a certain degree deficiency of funds for one component of total debt can be supplemented by surplus funds originally aimed at financing other components.

Sub theme 3 Official development assistance, innovative sources of finance and debt

Debtor countries pay substantial risk premiums for financing their government debt.

Adequate and predictable sources of financing are crucial for the success of development efforts.

We also welcome the United Nations declaration on innovative sources of financing for development that provides mechanisms to increase and supplement traditional sources of finance.

We must also bear in mind the role that debt plays as a financing tool for development debt financing is appropriate only where there is a reasonable expectation that loans will be repaid.

Questions related to the financing of Africa's development and debt were also discussed.

At the same time, we must continue to work on innovative and additional sources of financing.

Likewise, other proposals on innovative forms of development financing to generate additional sources of finance are encouraging.

In addition, progress in the work on trade, debt and financing issues was important.

Moreover, we are encouraged by a number of initiatives on innovative sources of financing for development that were raised at the separate meeting on financing for development.

Several sources of financing for adaptation and mitigation efforts in developing countries could be made operational relatively quickly.

There have also been public private initiatives to generate new and additional sources of financing for smaller firms.

At the same time, China s corporate sector relies excessively on debt financing, rather than equity.

First, is there a need for development financing? Secondly, what would be the purpose of this investment what would it do? And thirdly, what are the sources of financing?

Taking note of the note by the Secretary General on innovative sources of financing for development,A 59 272.

As countries become less reliant on traditional sources of financing, they are less likely to follow foreign diktats blindly.

Moreover, the conditionality and close monitoring typically associated with the multilateral institutions make them less attractive sources of financing.

The Government of Dominica was continuing to explore new sources of financing for the construction of low income housing.

Our search for development, through the mobilization of sources of financing, must be closely associated with this crucial approach.

But even debt financing would be better than no investment at all, given the deadweight losses.

Use more cheap debt, and equity becomes riskier and costlier, keeping overall financing costs the same.

Similarly, too big to fail banks would not care about the failure risk associated with debt financing.

Debt relief will open doors for the financing of critical projects in electric power, roads, and ports.

But, first, they must anticipate the associated financing requirements, which will soon surpass the current capacities of governments and international donors, and take action now to activate new, reliable sources of financing.