From 30 June to 3 July, government representatives convene in Seville to discuss and agree on reforms to the national and international financial systems – reforms that are critically needed in light of the disappointing progress in implementing the 2030 Agenda and the ongoing crises impacting development finance.
The agenda covers a wide range of topics, including international debt, taxation, international financial institutions, development cooperation, and financial market regulation.
Following extensive negotiations, the outcome document of the conference, the Compromiso de Sevilla, was finalised on 17 June. The level of ambition of the document is in many areas limited. However, it can be seen as an achievement that it was possible to reach a consensus among almost all countries, with the exception of the U.S.
IDOS researchers have observed the FfD negotiations over the past year, contributing to the process through inputs to the Elements Paper on which the draft outcome documents were based, events, a dedicated blog series, and additional publications. At the conference, IDOS is represented by several researchers and hosts four side events focused on international debt, inclusive green finance, tax expenditure reporting, and Special Drawing Rights. For more details on IDOS’s engagement with FfD4, please visit our website.
For more information on the role and relevance of the FfD processes, as well as IDOS’s contributions to financing for development, refer to our FfD Conference Blog Series.
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