Press Release | International Conference on Financing for Development opens with a renewed global framework to tackle sustainable development challenges
The Fourth International Conference on Financing for Development (FFD4) opened today in Sevilla with the adoption of the Sevilla Commitment or Compromiso de Sevilla, an intergovernmentally negotiated outcome that lays the foundation for a renewed global framework for financing development. Commitments include steps to close the $4 trillion financing gap for the Sustainable Development Goals (SDGs), address the debt crises, and reform the rules of the system to make the international financial system fairer and more transparent, putting people¡¯s needs at the center, and injecting new hope for people around the world.





