US EditionAfrica Needs About 1.3 Trillion USD Annually to Meet SDGs
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18 Articles
Africa Needs About 1.3 Trillion USD Annually to Meet SDGs
Addis Ababa, -- At the Fourth International Conference on Financing for Development (FfD4), African countries made a strong case for overhauling the global financial system to reflect current development realities and risks.
The United Nations Conference on Financing for Development ended in Seville, the fourth in the sequence that began in Monterrey in 2002, followed by Doha in 2008 and Addis Ababa in 2015. On the first day, both the Seville Commitment and the Platform for Action were adopted. It had the participation of many heads of Government and government authorities and with close to 400 parallel events. The Government of Spain made a wonderful management in …
Global leaders commit to boost sustainable development financing
It is the first inter-governmentally agreed financing for development framework since 2015, calling for system-wide changes regarding funding challenges related to the SDGs. The post Global leaders commit to boost sustainable development financing appeared first on Premium Times Nigeria.
Eduardo Camín Recently, in the city of Seville, a fourth International Conference on Financing for Development was held (FFD4. In addition to this, the International Labour Organization (ILO), together with the World Alliance for Universal Social Protection (USP2030), presented a global initiative under the Platform for Action in Seville. This initiative aims to expand the fiscal space for social protection in order to increase social protection…
UN agrees “global promise” on US$4tn development finance gap
Over 190 governments have adopted a “once-in-a-decade” UN pledge to renew the global framework for development finance, outlining a detailed plan to help mobilise private sector capital alongside public funding. Following a year of research, talks and redrafting, the Sevilla Commitment was adopted by all but one of the UN’s members last week, concluding four days of discussions in the Spanish city. The only absentee is the US, which rejected …
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