UN Member States Endorse ‘Seville Commitment’
On 17th June 2025, ahead of the Fourth International Conference on Financing for Development in Sevilla, Spain(held from 30 June - 3 July 2025) , UN Member States endorsed the outcome document — Compromiso de Sevilla — laying the foundation for a renewed framework to close the $4 trillion annual financing gap for developing countries.
What is the Seville Commitment?
- It is the outcome of months of intergovernmental negotiations, co-facilitated by Mexico, Nepal, Zambia, and Norway.
- It reaffirms the Addis Ababa Action Agenda (2015) and aims to align fragmented efforts under a single, reinvigorated financing strategy.
- The document includes commitments to increase ....
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