The Presidency of the Leading Group on Innovative Financing is a very important event for the Spanish cooperation policy towards a more mature, efficient and inclusive system to fight against hunger and poverty. Spain has done progresses in its way to achieve its international commitments in order to reach 0,7% ODA. Nevertheless, we are aware that this goal is not enough. Reports about the necessary financing to accomplish the MDGs say that the financing gap is near 324 billion and 336 billion a year for 2012 and 2017 (156 billion for climate change and 168-180 billion for ODA), while ODA in 2010 was around 130 billion). Spain, which hosts the Presidency of this Leading Group of Innovative Financing, is determined to do its best to foster the mechanisms already in place within the frame (...)
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