By Bodo Ellmers
From 22 to 26 June 2024, the international community gathered in Addis Ababa for the first session of the Preparatory Committee (PrepCom) for the UN's Fourth International Conference on Financing for Development (FfD4). The well-attended meeting took place against the backdrop that time is running out to close the financing gap for the SDGs. At the same time, high debt levels in many developing countries are making it increasingly difficult to find suitable financing instruments.
