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    FfD4 kicks off as aid budgets shrink and US steps back

    Devex reporters Elissa Miolene and Jesse Chase-Lubitz join Executive Editor Kate Warren for a podcast episode recorded in front of a live audience at the Fourth International Conference on Financing for Development in Sevilla.

    By Naomi Mihara // 01 July 2025

    Listen to "FfD4: Same conference, completely different world" on Spreaker.

    Listen on Spotify, Apple Podcasts, Soundcloud, YouTube, or search “Devex” in your favorite podcast app.

    Development leaders have converged on Sevilla, Spain, for the Fourth International Conference on Financing for Development, or FfD4 — the first such gathering in a decade — as shrinking aid budgets and a U.S. retreat from multilateral commitments reshape the sector.

    At the 2015 conference in Addis Ababa, Ethiopia, official development assistance was at record levels amid ambitious “billions to trillions” rhetoric — the idea that limited public funds could catalyze massive private investment to tackle global challenges such as climate change.

    Today’s backdrop includes the pandemic fallout, inflation, the war in Ukraine, and sweeping aid cuts. The U.S. participated in outcome document negotiations until the final stages, reportedly proposing 400 amendments to soften the language on climate and gender before withdrawing entirely, citing too many “red lines.”

    In this special live podcast episode recorded at Casa Devex, Devex’s events hub for the next few days, reporters Elissa Miolene and Jesse Chase-Lubitz sit down with Executive Editor Kate Warren to discuss what’s at stake and why this “once-in-a-decade” forum has taken on heightened significance.

    Watch via YouTube.
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    About the author

    • Naomi Mihara

      Naomi Mihara

      Naomi Mihara is an Associate Editor for Devex, working on creative and audiovisual projects. She has a background in journalism and international development, having previously served as an assistant correspondent for Japanese newspaper The Yomiuri Shimbun and as a communications officer for the International Organization for Migration in Southeast Asia. She holds a master’s degree in Multimedia Journalism from Bournemouth University.

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