The FfD4 is taking place at a time when the world is reeling with multiple crises: growing inequalities within and between countries, unsustainable debt burdens faced by Global South countries undermining the realization of human rights and the provision of public services, structural gender inequalities, decent work deficit, continued corporate tax avoidance and evasion and illicit financial flows, rise in conflicts and militarism, cuts in official development assistance (ODA) and failure to uphold longstanding commitments, shrinking civic space, the worsening triple planetary crisis, widespread hunger and malnutrition, growing fractures in the multilateral trade system, and rapidly declining international cooperation.