The United Nations has spent the past year anxious about the Fourth International Conference on Financing for Development, or FfD4, taking place this week in Sevilla, Spain, with a goal to build a modernized global financing framework that will unlock greater capital for global development and the U.N. Sustainable Development Goals.
With multilateralism under assault globally and the world's largest aid donor walking away from negotiations entirely, the organization desperately needs a successful conference to prove that international cooperation could still work.
Spain's Ambassador-at-Large for Financing for Development, Mónica Colomer, said FfD4 is delivering that proof. Despite the United States withdrawing from FfD4 negotiations and rejecting the U.N.'s Sustainable Development Goals, countries reached consensus on the Compromiso de Sevilla outcome document.
About the author
Hayley Mundeva
Hayley Mundeva is the Communications Lead at Devex, where she handles executive communications, podcast production, and other signature content. Born in Nepal and based in Rwanda, she brings communications consulting experience spanning private businesses, nonprofits, and international organizations in East Africa, Southeast Asia, and North America. She holds a master's degree in global health.
