On Monday 26 May, the EU ministers responsible for development cooperation approved conclusions ahead of the 4th International Conference on Financing for Development (‘FfD4’), to be held in Seville from 30 June to 3 July. According to the 27 EU countries, FfD4 represents an important opportunity to reform the international financing framework for sustainable development by tackling the global deficit, estimated at USD 4,000 billion a year.
“Everyone is looking to Europe (...) The...