The United Nations regional organization will participate actively in the global conference, where it will emphasize the financing challenges faced by the region and the urgent need to strengthen international cooperation.

The Fourth International Conference on Financing for Development, which will take place on June 30-July 3 in Seville, Spain, is a historic opportunity to lay the foundations for a new global financial governance, aligned with developing countries’ priorities and realities. In this context, the Economic Commission for Latin America and the Caribbean (ECLAC) will emphasize the urgent financing challenges faced by the region and the pressing need to strengthen international cooperation, with the aim of moving towards more productive, inclusive and sustainable development.

A prominent delegation from the United Nations regional organization, led by Executive Secretary José Manuel Salazar-Xirinachs, will participate in the Conference to advocate for Latin America and the Caribbean’s position and to stress that the current context requires a resolute and coordinated response that would enable closing financing gaps and making progress on achievement of the Sustainable Development Goals (SDGs) in the region.

“Domestic resource mobilization is vital to strengthening fiscal capacity and financing transformative investments, but it is equally urgent that we reform the international financial architecture to provide the region’s countries with more equitable and effective mechanisms for access to financing, debt management and representation in global decision-making,” ECLAC’s highest authority has said.

At this international gathering, ECLAC will participate in numerous events focused on cross-cutting issues that are relevant to the region’s development. The majority of these events will be attended by the Commission’s Executive Secretary, José Manuel Salazar-Xirinachs.

Monday, June 30:

• Mobilizing Finance for Sustainable Development: Prospects and Challenges of Innovative Financing Instruments, organized by the United Nations Regional Commissions. 
• Visions for Development: Seville 2025, convened by the Organisation for Economic Co-operation and Development (OECD).

Tuesday, July 1:

• Foro Multi-actor sobre el Pacto Birregional de Cuidados EU-LAC (Multi-stakeholder Forum on the EU-LAC Bi-regional Care Pact), organized by the EU-LAC Foundation.
• Call to Action:  Strengthening Capacities for Financing for Development, convened by the OECD.
• Investing in Data, Advancing Development, coordinated by the National Administrative Department of Statistics (DANE) of Colombia.
• Financing Care Systems for Gender Equality and Economic Prosperity: A multistakeholder approach, convened by UN Women.

Wednesday, July 2: 

• Side event organized by ECLAC Measuring development and its implications for international development cooperation, from 8:30 to 10:00 a.m. local time (GMT +2), where participants will analyze the challenges posed by traditional metrics and explore possible alternatives for a more suitable development measurement.
• The Global Platform of Women Leaders in Finance, convened by the Government of Brazil. 
• New Approaches for a Renewed International Cooperation: ‘Insights for the Beyond GDP Global Alliance’, coordinated by the OECD.
• Options and Challenges for Fair Development for LAC, organized by the Latin American and Caribbean Network for Economic, Social and Climate Justice (LATINDADD).

Thursday, July 3:

• The role of Regional Commissions in supporting member States in the follow-up to the outcomes of FfD4, organized by the United Nations Regional Commissions.