BEGIN:VCALENDAR VERSION:2.0 PRODID:unctad.org BEGIN:VEVENT UID:6a58a7c62c960 DTSTART:20250702T083000Z SEQUENCE:0 TRANSP:OPAQUE DTEND:20250702T100000Z LOCATION:Seville\, Spain SUMMARY:FFD4 side event: Unlocking the virtuous circle - from financing for development to financing from development CLASS:PUBLIC DESCRIPTION:At the Fourth International Conference on Financing for Develop ment in Seville\, the case for an actionable and ambitious path for develo pment finance is stronger than ever. In an increasingly constrained and un certain environment\, the commitment to collective action through multilat eralism remains a necessary choice in a multipolar world.At the same time\ , developing countries are faced with daunting prospects of pursuing devel opment objectives and climate commitments in parallel\, all while dealing with the deepening inequalities generated by the climate emergency. Howeve r\, the climate transition also presents an opportunity to advance nationa l development priorities and actions through the synergistic utilization o f climate finance\, investment\, and trade in accordance with the UNFCCC a nd the Paris Agreement.This side event offers a space to examine how exter nal and domestic efforts must be seen as two parts to a whole to ensure gr owth and sustainable development\, while addressing unsustainable debt\, a nd by harnessing the pursuit of climate objectives to maximize investment and trade opportunities in support of growth and development.The case for fiscal space and growth as preconditions to mobilize development finance i n a sustained mannerThe first part of the session centers on the idea that external and domestic financing are not independent variables but are dee ply interlinked and have mutually reinforcing relationships. Developing co untries require external financing to make urgent investments in productiv e capacities\, to boost growth and promote structural transformation and i nclusive development.Guiding questions:How can the international community work to reinforce the virtuous circle of fiscal space\, investment\, grow th\, and domestic resource mobilization?Building on the outcome of FFD4\, what measures and mechanisms are needed to advance in the provision of a d urable solution to the challenge of debt sustainability in developing coun tries?How can multilateralism promote the conditions for international tra de\, investment and technology to be drivers of growth and development?How can developing countries leverage economic cooperation and integration am ong developing countries and South-South trade to promote development?Harn essing the climate transition for inclusive growth and development\, from Baku to Belem\, through SevilleThe second part of the session focuses on t he opportunity offered by the climate transition. As climate finance gener ates financial flows to developing countries\, there is a need to ensure n ational ownership and alignment with countries'\; Nationally Determine d Contributions (NDCs)\, Nationally Adapted Plans (NAPs)\, and other natio nal strategies to ensure better synergies between the development and clim ate agendas.What actions are needed to support the mobilization of climate finance that contributes to development and growth in a synergistic manne r?How can developing countries be supported in attracting climate FDI that also works for inclusive growth and transformation?What are the most acce ssible opportunities for developing countries to foster climate-resilient growth with a focus on green jobs and economic diversification?Participati onThe event is intended for senior government officials\, heads of interna tional organizations\, policymakers\, academics\, NGOs\, and development f inance experts.<\;p>\;At the Fourth International Conference on Financ ing for Development in Seville\, the case for an actionable and ambitious path for development finance is stronger than ever. In an increasingly con strained and uncertain environment\, the commitment to collective action t hrough multilateralism remains a necessary choice in a multipolar world.&l t\;/p>\;<\;p>\;At the same time\, developing countries are faced wit h daunting prospects of pursuing development objectives and climate commit ments in parallel\, all while dealing with the deepening inequalities gene rated by the climate emergency. However\, the climate transition also pres ents an opportunity to advance national development priorities and actions through the synergistic utilization of climate finance\, investment\, and trade in accordance with the UNFCCC and the Paris Agreement.<\;/p>\;& lt\;p>\;This side event offers a space to examine how external and domes tic efforts must be seen as two parts to a whole to ensure growth and sust ainable development\, while addressing unsustainable debt\, and by harness ing the pursuit of climate objectives to maximize investment and trade opp ortunities in support of growth and development.<\;/p>\;<\;h4>\;&l t\;strong>\;The case for fiscal space and growth as preconditions to mob ilize development finance in a sustained manner<\;/strong>\;<\;/h4&g t\;<\;p>\;The first part of the session centers on the idea that exter nal and domestic financing are not independent variables but are deeply in terlinked and have mutually reinforcing relationships. Developing countrie s require external financing to make urgent investments in productive capa cities\, to boost growth and promote structural transformation and inclusi ve development.<\;/p>\;<\;p>\;Guiding questions:<\;/p>\;<\;u l>\;<\;li>\;How can the international community work to reinforce th e virtuous circle of fiscal space\, investment\, growth\, and domestic res ource mobilization?<\;/li>\;<\;li>\;Building on the outcome of FFD 4\, what measures and mechanisms are needed to advance in the provision of a durable solution to the challenge of debt sustainability in developing countries?<\;/li>\;<\;li>\;How can multilateralism promote the con ditions for international trade\, investment and technology to be drivers of growth and development?<\;/li>\;<\;li>\;How can developing coun tries leverage economic cooperation and integration among developing count ries and South-South trade to promote development?<\;/li>\;<\;/ul> \;<\;h4>\;<\;strong>\;Harnessing the climate transition for inclus ive growth and development\, from Baku to Belem\, through Seville<\;/str ong>\;<\;/h4>\;<\;p>\;The second part of the session focuses on the opportunity offered by the climate transition. As climate finance gene rates financial flows to developing countries\, there is a need to ensure national ownership and alignment with countries'\; Nationally Determin ed Contributions (NDCs)\, Nationally Adapted Plans (NAPs)\, and other nati onal strategies to ensure better synergies between the development and cli mate agendas.<\;/p>\;<\;ul>\;<\;li>\;What actions are needed t o support the mobilization of climate finance that contributes to developm ent and growth in a synergistic manner?<\;/li>\;<\;li>\;How can de veloping countries be supported in attracting climate FDI that also works for inclusive growth and transformation?<\;/li>\;<\;li>\;What are the most accessible opportunities for developing countries to foster clima te-resilient growth with a focus on green jobs and economic diversificatio n?<\;/li>\;<\;/ul>\;<\;h4>\;<\;strong>\;Participation<\; /strong>\;<\;/h4>\;<\;p>\;The event is intended for senior gover nment officials\, heads of international organizations\, policymakers\, ac ademics\, NGOs\, and development finance experts.<\;/p>\;\n\nView meet ing on unctad.org\nhttps://unctad.org/meeting/ffd4-side-event-unlocking-vi rtuous-circle-financing-development-financing-development DTSTAMP:20260716T094334Z END:VEVENT END:VCALENDAR