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VERSION:2.0
PRODID:unctad.org
BEGIN:VEVENT
UID:6a58a813c98fe
DTSTART:20250213T163000Z
SEQUENCE:0
TRANSP:OPAQUE
DTEND:20250213T180000Z
LOCATION:New York\, United States of America
SUMMARY:FFD4 3rd PrepCom side event: Connecting the dots - Linking financin
 g for development to financing from development
CLASS:PUBLIC
DESCRIPTION:Past the halfway mark\, the SDGs are alarmingly off track. Only
  17% of the goals are currently on track to be met by 2030\, while another
  17% have regressed from their 2015 baseline. This stark reality is underp
 inned by a growing financial gap\, exacerbated by an international environ
 ment that has become increasingly inhospitable to development.With each cr
 isis characterizing the period\, what has become increasingly apparent is 
 the need for multilateralism and international financial reform that more 
 adequately addresses the nature of global exogenous shocks. In 2015\, the 
 investment gap for the SDGs in the Global South was estimated at $2.5 tril
 lion. Today\, that gap has ballooned to $4 trillion\, underscoring the urg
 ent need for a reinvigorated global commitment to sustainable development.
 The Summit of the Future signaled willingness to change course and revive 
 multilateralism. Building on the momentum of the Summit of the Future\, th
 e Fourth International Conference on Financing for Development (FfD4) in J
 une 2025 presents a crucial opportunity to take concrete actions on and br
 eathe new life into the financing for development agenda.To bring the worl
 d back onto a sustainable development path\, it is essential to move away 
 from ad hoc solutions that treat the symptoms rather than the root causes 
 of vulnerability. It is not only necessary to reignite growth and sustaina
 ble development—but this must be done urgently and swiftly\, given the s
 everity of the challenges facing humanity today. This means addressing lon
 gstanding obstacles to development\, including lack of effective market ac
 cess\, insufficient development aid\, and the need for more productive inv
 estment and climate finance. Building a conducive environment for financi
 ng for development means reigniting the traditional enablers of growth\, s
 uch as international trade\, investment and technology transfer. Investing
  in infrastructure\, institutions and human capital at the national and re
 gional level is a necessary pre-condition to ignite the enablers.Beyond th
 e reform of the international financial architecture\, governance reform a
 t the level of the multilateral trading system\, of the international inve
 stment agreement framework and on intellectual property\, are also indispe
 nsable to ensure the desired development results.Scaled development financ
 e channeled towards critical infrastructure and human capital is essential
 . Such investments will build the productive capacities of developing coun
 tries\, boosting growth\, attracting private investment and enhancing fisc
 al space. Ultimately\, growth and better fiscal space will enhance debt su
 stainability and domestic resource mobilization\, potentially generating m
 ore development financing and a virtuous cycle.It follows that the action 
 areas of the financing for development agenda are deeply interrelated and 
 must be acted upon in synergy to create sustainable development financing:
  that is financing for development and financing from development are inte
 rdependent.UNCTAD\, with its mandate on the integrated treatment of trade 
 and development and interrelated issues in the areas of finance\, technolo
 gy\, investment and sustainable development\, is strategically placed to p
 rovide insights into the interconnections among the various action areas o
 f the financing for development agenda. UNCTAD will be presenting its most
  recent analysis on net income transfer and highlighting the dimension of 
 the traditional enablers in this context.Structure and FormatPanel discuss
 ion to be moderated by Juan Jose Martinez Badillo\, Chief\, UNCTAD New Yor
 k OfficePanelists:E. Janine Elizabeth Coye-Felson\, Deputy Permanent Repr
 esentative of Belize to the United NationsHerman Mark Schwartz\, Professor
  Emeritus of Politics and Public Policy\, University of VirginiaPenelope H
 awkins\, Acting Head\, Debt and Development finance Branch\, UNCTADJason B
 raganza\, Executive Director\, AFRODADParticipation and RegistrationThis s
 ide-event is open to all participants already registered for the FfD4 Prep
  Com and anyone with a UNHQ ground pass. https://financing.desa.un.org/ff
 d4/participate&quot\; target=&quot\;_blank\n\nView meeting on unctad.org\n
 https://unctad.org/meeting/ffd4-3rd-prepcom-side-event-connecting-dots-lin
 king-financing-development-financing
DTSTAMP:20260716T094451Z
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