This Week in Global Development3 Heinä 2025

Did Sevilla save multilateralism — or just survive the heat?

As the Fourth International Conference on Financing for Development wraps up, Devex reporters Jesse Chase-Lubitz and Elissa Miolene join Associate Editor Thomas Cserép for a podcast episode reflecting on what transpired this week in Sevilla — beyond the sweltering 115 degrees Celsius heat.

The big takeaway from FfD4 is the Compromiso de Sevilla, a document that participants view as both a commitment and a compromise. "Multilateralism lives" became the conference's unofficial motto as countries adapted to the United States’ absence.

“It's more of a pickup moment after six months of global upheaval, and now moving forward and seeing what's next, and perhaps there'll be other actors that fill that gap, and maybe that might come from the global south itself,” Miolene said.

Key outcomes include establishing a borrowers' group to amplify the voices of low- and middle-income countries, and creating a global debt registry aimed at promoting transparency. While climate language was significantly watered down due to the United States’ proposed amendments prior to their withdrawal, tax reform gained momentum, with renewed calls for a U.N. convention on international tax cooperation.

However, civil society groups expressed frustration over access restrictions at the conference, while journalists faced rigorous checkpoints entering areas where negotiations were actually taking place.

At the conference’s side events, private sector engagement was notably high, suggesting that despite falling aid budgets, there's a genuine appetite for partnerships — with the overall mood remaining cautiously optimistic about what comes next.

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The fight over $7.5B in expiring aid and a rejected State Department grant

We recently reported that roughly $7.5 billion in international affairs funding is set to expire by the end of this month. In a letter, more than 100 U.S. lawmakers have urged the State Department to ...

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The water sector’s funding challenge and Asia’s philanthropy push

At World Water Week in Stockholm, financing took center stage ahead of the U.N. Water Conference in Abu Dhabi this December. The annual gathering saw around 2,000 participants discuss water governance...

27 Elo 30min

Special edition: Rethinking the housing crisis

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25 Elo 27min

Famine reporting goes dark in 3 crisis zones, and COP31’s critical test

Afghanistan, Somalia, and Yemen, three of the world’s most hunger-prone nations, were removed from the latest reporting by the Famine Early Warning Systems Network — a U.S.-based data and monitoring s...

20 Elo 28min

Inside the State Department’s historic pivot to faith-based organizations

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13 Elo 29min

Special edition: Are jobs for youth development's silver bullet?

In this week’s special edition episode of the This Week in Global Development podcast, sponsored by the International Youth Foundation and the Caterpillar Foundation, we examine how shifting labor mar...

12 Elo 41min

Tracking the real-world impacts of US foreign aid cuts

This week, we discuss The Aid Report, a project supported by a media grant from the Gates Foundation to track the real-world impacts of U.S. foreign aid cuts. Over the past couple of months, the initi...

29 Heinä 36min

The new era of US and European foreign assistance

This week we look back at the last 18 months of U.S. foreign assistance — a period defined by the dismantling of USAID and the absorption of foreign aid strategy into the State Department. We break do...

22 Heinä 30min