The United Nations and international financial institutions, such as the World Bank and the International Monetary Fund, have complementary mandates in global economic governance.
This first-ever Biennial Summit, mandated by last year’s…
Systemic risks can undermine progress towards poverty alleviation and development. As repeatedly demonstrated by financial crises, events in one country can have effects across borders, impacting jobs, employment and growth, and social and environmental systems. Instability, crime, poverty and inequality can have local, national, regional and international implications. Therefore, international cooperation is essential to addressing these risks and can boost the economic, social, and environmental performance of all countries. While important steps have been taken to reduce vulnerabilities in the international system and to increase the voice of developing countries, more needs to be done.
Photo by Andreas Gucklhorn
Systemic risks can undermine progress towards poverty alleviation and development. As repeatedly demonstrated by financial crises, events in one country can have effects across borders, impacting jobs, employment and growth, and social and environmental systems. Instability, crime, poverty and inequality can have local, national, regional and international implications. Therefore, international cooperation is essential to addressing these risks and can boost the economic, social, and environmental performance of all countries. While important steps have been taken to reduce vulnerabilities in the international system and to increase the voice of developing countries, more needs to be done.
Photo by Andreas Gucklhorn
Addressing Systemic Issues
At the Fourth International Conference on Financing for Development (FfD4), representatives from Small Island Developing States (SIDS) convened at a high-level side event to share practical experiences in aligning…
The co-facilitators of the outcome document of the Fourth International Conference on Financing for Development present to the co-chairs of the FFD4 Preparatory Committee their final revised text of the Compromiso de Sevilla. It reflects the co-facilitators best efforts to arrive at…
The Fourth International Conference on Financing for Development (FFD4) provided a unique opportunity to reform financing at all levels, including to support reform of the international financial architecture and addressing…
The ECOSOC Forum on Financing for Development will be held on 28 to 29 April 2025, followed by the Fourth Preparatory Committee (4th PrepCom) Session for the Fourth International Conference on Financing for Development (FFD4) from 30 April to 1 May 2025 at Trusteeship Council, UN…