From June 30 to July 3, 2025, the fourth International Conference on Development Finance (FfD4) will take place in Seville, Spain. Expectations are high, as the conference aims to mobilize the means to close the enormous financing gap in climate and sustainable development, and to advance the reforms in the international financial architecture.
However, current global developments counteract these goals. The U.S. administration fundamentally questions multilateralism. Several European governments are drastically cutting official development aid (ODA) due to economic pressure [...]
