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Sustainable Development Goals

U.N. conference gains pledges for climate finance, launches initiatives

Leaders pushed for better financial systems at only the fourth U.N. conference on development financing held since 2002.

,   and  Arete News Staff
3 min read
The Fourth International Conference on Financing for Development held in Seville, Spain.
Negotiators sought new public-private cooperation, long-term tax reform, and creative ways to increase climate finance at the Fourth International Conference on Financing for Development held in Seville, Spain. (UN DESA/Helen Rosengren)

The Fourth International Conference on Financing for Development, a U.N.-hosted series, concluded with a pledge to increase climate finance and the launch of 130 new initiatives.

The conference ended with the Sevilla Commitment (Compromiso de Sevilla), a plan that aims to boost sustainable development investment and address the global debt crisis. It also seeks to give developing nations a stronger voice in international finance.

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Sustainable Development Goals — Global Issues — Spain — United Nations — France — Kenya — Barbados — Brazil — World Bank Group — Italy

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