The Intergovernmental Group of Experts on Financing for Development was a core outcome of UNCTAD's fourteenth Ministerial Conference, held in 2016 in Nairobi (Kenya). The purpose of the Intergovernmental Group of Experts is to provide a forum for discussion on the issues, concerns and challenges raised in the implementation and follow-up of the Addis Ababa Action Agenda and Agenda 2030.

UNCTAD's fifteenth Ministerial Conference confirmed that the work of the Intergovernmental Groups of Experts are important elements under the intergovernmental machinery.