Funding for SDGs Development
- Jeannette Barcelos Kravitz
- Jun 2
- 1 min read
Executive Summary
The upcoming Fourth International Conference on Financing for Development (FfD4, in Sevilla, Spain) during June 30-July 3, 2025, should send forth the message of hope that humanity’s global goals to end poverty and contain the climate emergency are within reach. Key reforms of the International Financial Architecture – the system of public and private finance that channels the world’s saving to the world’s investment – should be adopted at this conference to bring these vital objectives within reach. As the United Nations member states pledged in Agenda 2030, let us leave no one behind.
The UN member states meeting in Sevilla have a responsibility not only to their own citizens but to all of humanity. Member states must act together in partnership and good faith for the common good of humanity. No single member state of the UN can excuse itself of the responsibility to contribute fairly and adequately to the provision of global public goods and services. High-income member states have a special responsibility, both as a matter of distributive justice – that the rich not leave the poor behind – and as a matter of reparative justice – that those countries that contributed most to greenhouse gas emissions and other environmental harms in the past must do the most to curb their emissions in the future and to compensate the other countries for the damages their past actions have caused. No individual member state can shirk the demands of justice.
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