US EditionSevilla Conference on Development Financing Shows Optimism for Multilateralism (UNOG - United Nations Office at Geneva)
ANDALUSIA, SPAIN, JUN 25 – The Seville Commitment aims to triple Multilateral Development Bank lending and double official development aid to close the $4 trillion gap blocking sustainable development progress.
- The upcoming Financing for Development meeting, scheduled to start on June 30, 2025, in Seville, Spain, will focus on addressing critical global financial challenges.
- The $4 trillion financing gap for sustainable development and mounting debt burdens, especially in developing countries, have driven the need for this meeting.
- Delegates plan to adopt the Seville Commitment, a 38-page political document focusing on debt transparency, climate adaptation funding, and international tax cooperation.
- Deputy Secretary-General Amina Mohammed remarked that the existing framework is failing to effectively serve the populations it aims to assist, as more than 70 heads of state are anticipated to participate.
- The conference aims to strengthen multilateral cooperation and blended finance but faces risks from the U.S. absence and unresolved global disagreements over debt and taxation.
12 Articles
12 Articles
We need to upgrade to Development Finance 4.0 — business as usual won’t get us there – The Mail & Guardian
Development finance has long served as the quiet scaffolding behind the social and economic progress of emerging markets. Today, we stand at a pivotal moment. As the global development landscape evolves, so too must the models that guide our financial strategies and instruments in delivering the development mandate. By building on past gains and embracing new forms of collaboration, we can design a more aligned and impactful financial ecosystem …
Explainer-What is the UN's development conference in Seville, and what can it achieve?
LONDON - Global leaders will kick off the once-a-decade Conference on Financing for Development (FFD4) in Seville, Spain, on Monday, which aims to improve the world's aid and financial architecture. Read more at straitstimes.com.
UN Financing Development Meeting Should Advance Tax Justice
Click to expand Image An activist holds up a button as negotiations for the tax convention take place at the United Nations in New York, February 6, 2025. © 2025 Anne Marte Skaland (Seville) – The United Nations conference on financing for development should help pave the way for meaningful progress on improving international tax cooperation to benefit everyone’s human rights, Human Rights Watch said today. Human Rights Watch issued a database …
Club de Madrid Members rebuke “narrow unilateralism” and call for nations to urgently join forces to combat inequality
40 former Heads of State and Government are calling for “a new economic coalition of the willing” to urgently tackle inequality and “remake our world in response” to “era-defining disruption”. In a joint letter released ahead of the Fourth International Conference on Financing for Development in Seville, they call for a restoration of development aid, comprehensive debt relief, international tax cooperation, and ambitious reform of the world’s “…
ILO brings its social justice message to the 4th International Conference on Financing for Development - Caribbean News Global
The ILO director-general will lead the Organization’s participation at the Conference, highlighting the importance of decent jobs and universal social protection for sustainable development. GENEVA, Switzerland, (ILO News) – The International Labour Organization, (ILO) will bring its call for greater investment in social justice to the Fourth International Conference on Financing for Development (FfD4), taking place in Sevilla, Spain, from 30 Ju…
Coverage Details
Bias Distribution
- 50% of the sources lean Left
To view factuality data please Upgrade to Premium
