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FfD4 Conference
July 5 , 2025
15 hrs 0 min
9
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- The 4th International Conference on Financing for Development (FfD4) was held in Sevilla, Spain.
- The Countries adopted the Sevilla Commitment to fix global finance rules and close the $4 trillion gap for Sustainable Development Goals (SDGs).
- The FfD process is a United Nations (UN) platform to find the better ways to fund sustainable growth, especially for poorer countries.
- It started with the Monterrey Consensus in 2002 and has had major meetings in Doha (2008), Addis Ababa (2015), and now Sevilla (2025).
- All UN members, plus groups like the World Bank, International Monetary Fund (IMF), World Trade Organization (WTO), and civil society, took part.
- The Finance Minister of India shared a 7-point plan to attract private money for development.
- The FfD4 aimed to reform global financing rules to remove barriers and support investments needed for SDGs by 2030.
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