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Africa: It's Time to Finance Our Future and 'Change Course', Guterres Tells World Leaders in Sevilla

  • In Sevilla, Spain, from June 30 to July 2, the Fourth International Conference on Financing for Development convened for the first time in a decade to address a $4 trillion funding gap for SDGs.
  • UN data reveals nearly two-thirds of SDG targets are off track, with a $4 trillion annual funding gap amid worsening global headwinds, highlighting the scale of development challenges.
  • UN data highlights that nearly two-thirds of SDG targets are off track, with a $4 trillion annual funding gap and poorer nations spending $1.4 trillion on interest payments.
  • Following the summit, the Sevilla Commitment was adopted to accelerate support for low-income countries and establish a new borrowers’ forum for fairer debt resolution.
  • Without radical change, SDGs remain decades away; Li Junhua says 'Sevilla is not an end point, it is a launch pad,' warning that progress depends on sustained global action.
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The grim reality of today’s global disorder forced some of the leaders gathered in Seville for the UN development summit to park bureaucratic language. “Finance is the engine of development and that engine is drowning,” the UN Secretary General António Guterres started in the morning in the fairground of the Andalusian capital. He launched an veiled threat: “We have a clear message for power: it is better for them to live the reforms of the syst…

·Spain
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The Secretary General of the United Nations (UN), António Guterres, warned that the achievements of decades of international cooperation in poverty reduction, better health care, access to education and more guarantees for women: “are in danger in the face of the multiple challenges facing the world: conflicts, climate crisis, slowdown [...] La entrada The 2030 SDGs are at risk: António Guterres, UN Secretary General aparece primero en Vivir en …

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  • 40% of the sources are Center, 40% of the sources lean Right
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L'Opinion broke the news in on Monday, June 30, 2025.
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