Welcome to the United Nations 
Road to Sevilla 2025
Foro del ECOSOC sobre la Financiación para el Desarrollo 2025 y 4ª Sesión del Comité Preparatorio para la FFD4
El Foro del ECOSOC sobre la Financiación para el Desarrollo se celebrará del 28 al 29 de abril de 2025, seguido de la Cuarta Sesión del Comité Preparatorio (4º PrepCom) para la Cuarta Conferencia Internacional sobre la Financiación para el Desarrollo (FFD4) del 30 de abril al 1 de mayo de 2025 en el Consejo de Administración Fiduciaria, Sede de las Naciones Unidas, Nueva York.
El 28 de abril, en un esfuerzo conjunto excepcional del Presidente del ECOSOC y los copresidentes del Comité Preparatorio Intergubernamental de la FFD4, los Ministros y altos funcionarios tendrán la oportunidad de expresar sus opiniones e impulsar el impulso político para la Conferencia FFD4.
El Foro de este año tiene una gran importancia y un papel fundamental en la movilización de impulso y soluciones concretas para la FFD4. Celebrado de manera consecutiva con la cuarta sesión del Comité Preparatorio de la FFD, las deliberaciones del foro contribuirán a las discusiones sobre el resultado de la FFD4.
Ambos eventos reúnen a jefes de Estado y de gobierno, ministros y altos funcionarios gubernamentales, así como a altos funcionarios de organizaciones internacionales. También estarán representadas organizaciones de la sociedad civil, el sector empresarial y autoridades locales.
Convocatoria para eventos paralelos
La convocatoria de eventos paralelos para el Foro del ECOSOC sobre la Financiación para el Desarrollo (Foro FFD) y la Cuarta Sesión del Comité Preparatorio para la FFD4 (4º PrepCom) ya se ha cerrado. El secretariado está revisando actualmente las candidaturas . El programa final de los eventos paralelos se añadirá pronto.
For those interested in organizing side events during FFD4 in Sevilla, please click here for more information.
Programme for 30th أبريل, 2025
Debt and the Cost of Borrowing
Panel discussion 2 on specific actions in the first draft of the outcome document on ‘II.E. Debt and debt sustainability’
Introductory remarks and moderation
H.E. Ms. Merete Fjeld Brattested, Permanent Representative of Norway to the United Nations
H.E. Mr. Chola Milambo, Permanent Representative of Zambia to the United Nations
Panelists
Mr. Phil Stevens, Foreign, Commonwealth & Development Office, United Kingdom
Ms. Monica Asuna, The National Treasury, Kenya
Mr. Jose Correia, Director General, Economic and Development Cooperation, Cabo Verde
Discussants
Mr. Gianpiero Leoncini, Executive Vice-President, Development Bank of Latin America and the Caribbean
Interactive discussion (2-minute time limit)
Background and Guiding Questions
Amid successive crises and shocks, sovereign debt challenges have become one of the greatest obstacles to realizing sustainable development. Many developing countries face high debt service burdens and borrowing costs, which severely constrain their fiscal space and ability to address poverty and inequality and invest in sustainable development. Despite progress in reforming the debt architecture, restructurings are often still inadequate, late and too lengthy. A development-oriented debt architecture, based on sound and transparent analysis of debt sustainability, is urgently needed to address these debt challenges.
The debt chapter outlines four areas of actions to address these challenges, including actions to: i) strengthen debt management, debt transparency, and responsible borrowing and lending; ii) lower borrowing cost and enhance fiscal space for investment in sustainable development in developing countries; iii) achieve efficient, fair, predictable, coordinated, timely, and orderly restructurings; and iv) promote debt sustainability and credit assessment that are more accurate, objective and long-term oriented.
Panelists in this session are invited to pay particular attention to the proposals on strengthening and systematizing of liquidity and liability management support and on closing gaps in the debt architecture. They are invited to address the following questions:
- What are the key constraints to scaling up and ensuring coordinated support to countries to enhance fiscal space and lower their cost of borrowing, and to provide related financial instruments, such as debt swaps and credit enhancements at scale? (action 42)
- How can we provide such support at scale, taking into account the need for providing financial support, and for responsiveness to country-specific needs and circumstances? (42b)
- What are the most critical gaps that need to be closed to create a development-oriented debt architecture? (action 43).