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Declaration From The Fourth International Conference On Finance For Development Civil Society Forum

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.

African Group Inputs for Financing for Development (FfD4) | Global Financing Framework

The African Group reaffirms the centrality of the Addis Ababa Action Agenda (AAAA) as a guiding framework for financing sustainable development. However, the existing international financial architecture does not meet the financial needs of African countries, particularly in times of crises. To achieve the Sustainable Development Goals (SDGs), the global financing system must address systemic challenges such as high debt burdens, trade barriers and financial market volatility.

PACT FOR THE FUTURE |PART TWO

PACT FOR THE FUTURE |PART TWO

We commit to achieving a world in which humanity lives in harmony with nature, to conserving and sustainably using our planet’s marine and terrestrial resources, including through sustainable lifestyles, and sustainable consumption and production, to reversing the trends of environmental degradation, to promoting resilience, to reducing disaster risk, and to halting ecosystem degradation and biodiversity loss. We will conserve and sustainably use oceans and seas, freshwater resources, as well as forests, mountains and dry lands and protect biodiversity, ecosystems and wildlife.