What's New

From 4-6 November 2025, the United Nations (UN) will hold the second World Summit for Social Development (WSSD2) in Doha, Qatar. The first summit on social development took place 30 years ago in Copenhagen. The initiative for a new World Social Summit came from UN Secretary-General António Guterres. He had already spoken out in favour of a global summit in his 2021 Our Common Agenda report. At the time, he took up an initiative from the Club de Madrid. This association of former heads of state and government had pointed out that the effects of the COVID-19 pandemic had exacerbated the global [...]

From December 16 to 20, 2024, 74 states came together at the United Nations (UN) Human Rights Council to negotiate an international legally binding instrument to regulate the activities of transnational corporations and other business enterprises (also known as a “UN Treaty”). Since the adoption of Resolution 26/9 by the UN Human Rights Council in 2014, the intergovernmental working group mandated to draft such a treaty has already met ten times. The meeting was postponed from mid-October to December due to organizational problems in the run-up. However, the fear that the postponement would [...]

The Fourth International Conference on Financing for Development (FfD4) will take place in Seville in June 2025. This is against the backdrop of massive delays in the implementation of the 2030 Agenda, not least due to deficits in development financing. The Sustainable Development Goal (SDG) financing gap, which was estimated at US$ 2.5 trillion in 2015, has not been closed or reduced over the last decade. Instead, it has grown to over US$ 4 trillion annually. In addition, the decade since the adoption of the final declaration of the Third International Conference on Development – the Addis [...]

Publications

The international financial architecture is in urgent need of reform. In the words of UN Secretary-General António Guterres, it is "outdated, dysfunctional and unjust". The main institutions were created 80 years ago in a transatlantic agreement, at a time when many of the world's nation-states of today were still colonies. Moreover, the institutions have failed in their mission to prevent and mitigate crises and to mobilize sufficient financing for internationally agreed development goals.

The reform of the international financial architecture is currently a major topic on the United Nations [...]

Calls for reforms of the international financial architecture are becoming ever louder. Governments, UN institutions, expert groups and civil society organizations are criticizing the fact that the network of institutions and rules that currently determine global monetary and financial policy and control global financial flows are not up to the current crises. The international financial architecture is “outdated, dysfunctional and unfair”, according to UN Secretary-General António Guterres.

In view of these challenges, the UN Member States made the reform of the international financial [...]

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