The
Fourth International Conference on Financing for Development (FfD4) took place in Seville, Spain from 30th June to 3rd July amidst intensifying attacks on multilateralism, unprecedented cuts to global aid and development financing, and regression of decades of progress in the fight against poverty.
The United Nations’ HOMO SARGASSUM exhibition served as a public immersion into the marine world and called upon viewers to take action in the face of the climate crisis, specifically regarding invasive species and water pollution.
Donald Trump’s bullying tactics ahead of NATO’s
annual summit, held in The Hague in June, worked spectacularly. By threatening to
redefine NATO’s
article 5 – the collective defence provision that has anchored western security since 1949 – Trump won
commitments from NATO allies to almost triple their defence spending to five per cent of GDP by 2035. European defence budgets will
balloon from around US$500 billion to over US$1 trillion annually, essentially matching US spending levels.
The extensive plan of action adopted at the 4th International Conference on Financing for Development (FfD4), held recently in Sevilla, Spain (30 June - 3 July), triggers the question: Where will the money come from?
“Never let a good crisis go to waste.” Winston Churchill’s famous maxim feels very relevant today, when multilateralism and many environmental causes seem to be in retreat. We now face a triple planetary crisis of climate change, biodiversity loss, and pollution.
Yemen's humanitarian crisis, driven by conflict, economic collapse and climate shocks, leaves migrants desperate to return to their home countries.
Global investments in energy exceeded USD 3 trillion in 2024, with at least USD 2 trillion being invested in clean energy technology and infrastructure. Infrastructure. Despite that progress, fossil fuel consumption continues to rise with little sign of slowing.
Over the month of June, the security situation in Haiti has taken a considerable turn for the worse, with armed gangs continuing to coordinate brutal attacks, seizing more territory, and obstructing critical humanitarian aid deliveries. In the past week, new waves of hostilities were reported in the nation’s Centre Department, which has elicited concern from humanitarian organizations that gang influence could soon completely overpower state control.
Once landlocked, now connected, the UN Global Compact has bridged the gap between Europe, Asia, and the Middle East: having many call it the “New Silk Road”.
The global population is aging at a time when heat exposure is rising due to climate change. Extreme heat can be deadly for older populations given their reduced ability to regulate body temperature. Already there has been an 85 percent increase since 1990 in annual heat-related deaths of adults aged above 65, driven by both warming trends and fast-growing older populations.
Seychelles—a nation of 115 islands in the Indian Ocean—today enjoys a comparatively high degree of economic stability. Inflation is below 2 percent, real GDP has largely recovered from the pandemic, public debt is on course to reach the government’s target of less than 50 percent of GDP before 2030, and per capita income is the highest in Sub-Saharan Africa.
On July 2, the World Health Organization (WHO) launched the “
3 by 35” initiative in an effort to boost public health and limit global consumption of harmful substances. By urging international governments to implement taxes on tobacco, sugary drinks, and alcohol, WHO seeks to reduce worldwide cases of noncommunicable disease amid heightened strains on global health systems and a shrinking supply of funding.
Just five years on from the Covid-19 pandemic, another animal-borne disease is mutating and spreading across borders and species.
Avian influenza has already resulted in the loss of
more than 630 million birds in the last 20 years. And new figures from the inaugural State of the World’s Animal Health report find that the number of reported outbreaks in mammals, including cattle, sheep and cats, doubled last year compared to 2023.
Youth activist Gereltuya Bayanmukh still reflects on the events in her formative years that inspired her to become a climate activist. When she was a child, she would visit her grandparents in a village 20 km to the south of the border between Russia and Mongolia.
The World Bank’s private sector arm has raised the bar — and others may follow. On April 15, the International Finance Corporation (IFC) became the first development finance institution to adopt a formal remedy policy, publishing its
Remedial Action Framework (RAF) to address environmental and social harm caused by IFC-supported investment projects.
When Bangladesh’s streets erupted in protest in mid-2024, few could have predicted how swiftly Sheikh Hasina’s regime would crumble. The
ousting of the prime minister last August, after years of mounting authoritarianism and growing discontent, was heralded as a historic opportunity for democratic renewal. Almost a year on, the question remains whether Bangladesh is genuinely evolving towards democracy, or if one form of repression is replacing another.
UN Member States adopted the ‘
Compromiso de Sevilla’ at the Fourth Financing for Development Forum (FfD4) which concluded July 3-- the culmination of months of contentious negotiations that pitted wealthy nations against the developing world in competing visions for reform of the global economic architecture.
A new report has raised concerns about the exclusion of African fish workers from trade protocols between their governments and developed countries, resulting in impoverished communities relying on fishing.
Having hydroelectric power without damming rivers, dismantling the environment or displacing populations is possible in Latin America and the Caribbean, with reversible power plants that take advantage of their mountainous geography, and pave the way for only renewable sources to generate electricity.
While droughts creep in stealthily, their impacts are often more devastating and far-reaching than any other disaster. Inter-community conflict, extremist violence, and violence and injustice against vulnerable girls and women happen at the intersection of climate-induced droughts and drought-impoverished communities.
About 21 million adolescent girls get pregnant annually in low- and middle-income countries. Beyond the numbers lie lost futures and deepening cycles of poverty that undermine girls’ education, wellbeing, and, ultimately, national development.