Externe Publikationen

Toward a universal approach to financing for sustainable development: what Seville can deliver

Kloke-Lesch, Adolf
Externe Publikationen (2025)

published on theglobalobservatory.org, 09.06.2025

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These are not easy times to think about reforming or even rebuilding the international cooperation architecture to meet the challenges facing humanity. It is therefore only natural to defend what has been achieved as far as possible and, at best, to strive for incremental improvements. However, this entails the risk of remaining stuck in outdated patterns instead of looking for fresh solutions for a thoroughly changed world. In June and July 2025, world leaders will gather in Seville, Spain, for the 4th International Conference on Financing for Development (FfD4). They will meet in an environment for global development and international cooperation that could hardly be more different from 2002 when the 1st FfD Conference took place in Monterrey, Mexico. However, today’s FfD process seems trapped in a decades-old path dependency.