Session 11: Financing for Sustainable Development: Tackling illicit financial flows to enhance the mobilisation of domestic resources

Mar 25, 2026 | 4:00 PM - 5:30 PM

CC13

Description

Financing for development stands at a difficult juncture – given a decline in the flow of private capital to developing countries, increased public and private debt, and significant cuts in official development assistance. In this context, developing countries are focused on doing ‘more with less’ and more effectively mobilising their domestic resources, including by stemming the risks of illicit finance flows (IFFs) which can serve as a constraint. This panel will examine the links between illicit finance flows and domestic resources mobilisation, the challenges that arise in addressing IFFs across diverse developing country contexts and the strategic policy choices and approaches that could be adopted to enhance the prospects of success in reducing IFF risks.

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