News and events

At the Fourth International Conference on Financing for Development (FfD-4) in Sevilla, global leaders of the Pact for Prosperity, People and the Planet (4P) gathered to advance solutions to today’s financial, climate and development challenges. Co-convened by Presidents Macron and Ruto, the meeting reaffirmed 4P’s role as a platform for constructive multilateralism and country-led action.

At FfD4, the 4P launched numerous initiatives, demonstrating the wealth of substantive topics advanced by 4P and the richness of the partnerships established through the 4P. Key 4P initiatives launched at FfD4 include:

• 4P Pathway on Debt, Nature and climate - to promote the implementation of a core set of recommendations from the Independent Expert Review on Debt, Nature and Climate; 
• 4P Roadmap on Multidimensional Vulnerability, to better reflect vulnerability considerations into the eligibility and allocation of concessional finance;
• 4P Eminent Persons Group to investigate if and where financial prudential regulations create barriers to investments in EMDEs;

The 4P also announced the new 4P Special Enjoy : 

HE Moussa Faki, former chairperson of African Union Commission and former Prime Minister of Chad.

Two years ago, the Pact for Prosperity, People and the Planet (4P) emerged from the Paris Summit for a New Global Financial Pact and has since become a growing, inclusive coalition driving meaningful reform.

Two years ago today, the Pact for Prosperity, People and the Planet (4P) was born out of the historic Summit for a New Global Financial Pact in Paris. Since then, the 4P has grown into a dynamic, inclusive coalition driving forward real reforms to make the global financial system work better for people and the planet.

Curious to learn more about what we do in 2 minutes? who's involved, and where we're going next? 

Ahead of the 2025 Financing for Development Conference in Seville, this event co-organised with UNDP focused on concrete solutions to reform the international financial system, at both global and country levels, and close the SDG financing gap. How can integrated financing frameworks and global initiatives drive sustainable development? 

This event paved the way to building broader support for 3–4 concrete solutions that the international community and the 4P will be launching/advancing in Seville, namely on debt, private capital mobilisation, and global solidarity levies, and to discuss how these solutions can be articulated on the ground to have the most impact, in particular through Integrated National Financing Frameworks driving innovative solutions harmonizing action across development, climate and nature imperatives. 

List of particpants: 

• Achim Steiner, Administrator, UNDP
• Joyelle Clarke, Minister of Sustainable Development, Environment and Climate Action and Constituency Empowerment, St. Kitts and Nevis 
• Anton Leis, Director, AECID
• Bård Vegar Solhjell, Director-General, Norwegian Agency for Development Cooperation
• Nick Dyer, Second Permanent Under-Secretary, Foreign, Commonwealth & Development Office
• Haje Schütte, Deputy Director, Development Co-operation Division, OECD