
The Compromiso de Sevilla, the outcome document of the 4th Financing for Development Conference (FfD4) highlights the importance of digital technologies for financial inclusion. (mehr …)
The Compromiso de Sevilla, the outcome document of the 4th Financing for Development Conference (FfD4) highlights the importance of digital technologies for financial inclusion. (mehr …)
On Tuesday, June 17, the FfD4 Preparatory Committee approved the Compromiso de Sevilla as outcome document of the FfD4 conference. The agreement came surprisingly early, arriving almost two weeks before the start of the conference in Seville. The document itself is lacking in many respects. However, achieving an agreement supported by all countries except the U.S. is, in the current situation, already an achievement. (mehr …)
Multilateral Development Banks (MDBs) have played a central role in financing sustainable development for over eight decades. Their growing prominence in international development cooperation is evident in the First Draft of the 4th International Conference on Financing for Development (FfD4) Outcome Document, where they are mentioned over 40 times—a fourfold increase from the Addis Ababa Action Agenda adopted at FfD3 a decade ago. The wide range of issues they are now expected to address further highlights this heightened focus. (mehr …)
The 4th International Conference on Financing for Development comes at a critical moment for climate and development finance. Despite progress—such as increased climate funding over the past years, the establishment of the Loss and Damage fund, and the inclusion of climate targets in the World Bank’s mission—important challenges persist and remain unresolved.
Governments’ decisions to grant preferential tax treatments have a direct impact on their ability–or inability–to finance their sustainable development goals. At the Fourth Conference on Financing for Development in June, countries must commit to greater oversight of tax expenditures, including implementing minimum reporting standards and rationalizing ineffective or harmful tax expenditures. (mehr …)