FfD4 kicks off as aid budgets shrink and U.S. steps back

FfD4 kicks off as aid budgets shrink and U.S. steps back

Development leaders have converged on Sevilla, Spain, for the Fourth International Conference on Financing for Development, or FfD4 — the first such gathering in a decade — as shrinking aid budgets and a U.S. retreat from multilateral commitments reshape the sector.

At the 2015 conference in Addis Ababa, Ethiopia, official development assistance was at record levels amid ambitious “billions to trillions” rhetoric — the idea that limited public funds could catalyze massive private investment to tackle global challenges such as climate change.

Today’s backdrop includes the pandemic fallout, inflation, the war in Ukraine, and sweeping aid cuts. The U.S. participated in outcome document negotiations until the final stages, reportedly proposing 400 amendments to soften the language on climate and gender before withdrawing entirely, citing too many “red lines.”

In this special live podcast episode recorded at Casa Devex, Devex’s events hub for the next few days, reporters Elissa Miolene and Jesse Chase-Lubitz sit down with Executive Editor Kate Warren to discuss what’s at stake and why this “once-in-a-decade” forum has taken on heightened significance.


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Avsnitt(235)

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

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

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

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

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

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20 Aug 28min

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

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

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13 Aug 29min

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

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...

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Tracking the real-world impacts of US foreign aid cuts

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29 Juli 36min

The new era of US and European foreign assistance

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22 Juli 30min

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