1. Financing for Sustainable Development in LAC post-Sevilla: FfD4 Outcomes and the Sevilla Platform of Action
27 October: 09:45 - 10:30 hrs.
Place: Morelos Room A & B

Moderator

  • Ignacio Ángel Nicolau Ibarra
    Spanish Agency for International Development Cooperation (AECID) Mexico Office, General Coordinator

Panelists

  • Oliver Schwank
    United Nations Department of Economic and Social Affairs (DESA), Chief, Policy and Analysis Branch, Financing for Sustainable Development Office

  • Antonio Freitas
    Ministry of Finance, Brazil, Under-Secretary for International Finance and Economic Cooperation

  • Norma Munguía Aldaraca
    Ministry of Foreign Affairs, Mexico, Director General for Global Issues

Background
The Financing for Development agenda was born in Monterrey in 2002, laying the foundation for more than two decades of dialogue and cooperation. Today, it has reached a new milestone with the adoption of the Sevilla Commitment and its Platform for Action at the Fourth International Conference on Financing for Development (FfD4) in 2025, which provide a renewed framework to align all flows—public and private, domestic and international—with sustainable development.

The Sevilla Commitment places equity, resilience, green growth, and justice at the core of the agenda, while calling for the reform of international financial institutions, the strengthening of developing countries’ voice and representation, the deployment of innovative instruments, and investment in gender equality, social protection, and the care economy. 

In the Sevilla Platform for Action, coalitions of countries and stakeholders put forward 130 initiatives to begin implementation of the Sevilla Commitment. This panel will examine how the Sevilla Commitment provides a renewed
framework for financing sustainable development in Latin America and the Caribbean. The session will highlight key priorities of the Sevilla Platform for Action—reform of financial institutions, stronger fiscal systems, debt sustainability, innovative instruments, and the integration of climate, biodiversity, gender and care—and discuss how these can be translated into concrete regional actions. The discussion will be structured around short opening remarks from panelists, followed by a oderated exchange on opportunities and challenges for translating global commitments into regional action.

Objectives
  • to reflect on the results of the FFD4 and the adoption of the Sevilla Commitment for the Latin America and the Caribbean region.
  • to highlight key priorities of the Sevilla Platform for Action and discuss how these can be translated into concrete regional actions.
  • to frame the conversation in subsequent sessions about innovations, initiatives and priorities for countries across the region.
Guiding questions
  • What are the priorities of Latin American and Caribbean countries in implementing FFD4 commitments, including the most impactful Sevilla Platform for Action initiatives?
  • How can LAC countries translate these global ambitions into tangible, region and country-specific policy and investment actions in light of the region's specific barriers and opportunities (such as fiscal reforms, debt sustainability, innovative finance, biodiversity and climate action, and gender equality)?