News and events

4P in partnership with Africatalyst organised a high-level side event on “Integrating Debt Sustainability and Climate Transition: African Country Perspectives.” The discussion brought forward African perspectives on one of the continent’s most urgent challenges: how to invest in climate transition and resilience while managing high debt burdens and limited fiscal space.

H.E. Moussa Faki also participated in the Africa-Europe High-Level Dialogue on Green Industrialisation, where he highlighted the importance of partnerships that support African-led growth, value creation and industrial transformation. 

The 4P also contributed to the FiCS-IDFC-4P Dialogue on aligning finance, regulation and investment in Africa. This exchange connected closely to the 4P’s work on private capital mobilisation and the barriers that prevent investment from flowing at scale to EMDEs

The Pact for Prosperity, People and the Planet (4P) took part in the Africa Forward Summit: Africa-France Partnerships for Innovation and Growth, held in Nairobi on 11–12 May 2026 and co-hosted by Kenya and France. The Summit focused on a renewed partnership based on investment, innovation, country ownership and practical solutions for Africa’s development priorities.

For the 4P, Africa Forward was an important moment to advance its core message: countries should not have to choose between fighting poverty and protecting the planet. At a time when many African countries face rising debt costs, constrained fiscal space, climate shocks and major investment needs, the Summit created a timely space to discuss how international partnerships can better support African priorities, sovereignty and long-term development.

The 4P’s contribution was reflected in the Summit outcomes. The Call to Action on tackling the consequences of global excessive imbalances for Africa referred to the 4P alongside international financial institutions, development banks and other development actors involved in the discussions. It also called on France, together with Kenya, which is associated with the G7, to convey African prioirites to the G7 Summit in Evian in June 2026.

The Joint Statement on renewed international partnerships and solidarity with Africa also committed to advancing genuine partnerships “in the spirit of the Pact for Prosperity, People and the Planet”, with a focus on improving the efficiency of the global financial architecture for Africa, strengthening country ownership, and supporting the sovereignty and resilience of African partner countries. It further welcomed work to strengthen the links between debt, climate and nature, with the support of the 4P, including through instruments such as Climate-Resilient Debt Clauses, Debt-for-Development swaps and sustainability-linked financing.

4P priorities helped shape key discussions in Nairobi and will contribute to the wider development finance agenda in the lead-up to the G7 Summit in Evian. The conclusions of Africa Forward will feed into preparations for the G7 Summit, hosted by France from 15 to 17 June 2026.

Throughout the G7 Development Ministerial, H.E. Moussa Faki held bilateral exchanges with governments and partners to build support for the 4P’s main areas of work: the debt, nature and climate nexus; private capital mobilisation; and new sources of finance, including global solidarity levies and philanthropy.

Across these engagements, the 4P underlined the importance of practical partnerships, country ownership and a more inclusive approach to development finance reform. 

The Ministerial took place at a time when many countries are facing rising debt costs, tighter public budgets, declining official development assistance, climate shocks and growing investment needs. These challenges are already widely recognised across the development finance community. The 4P’s role was to help connect these discussions to practical coalitions and partnerships that can support delivery.

At the Paris Dialogue at the OECD, H.E. Moussa Faki, Special Envoy of the 4P joined discussions on sustainable financing for health. He highlighted the pressure many African countries face as they seek to invest in stronger health systems while dealing with debt, climate vulnerability and limited fiscal space. He also presented the emerging 4P Health Financing in Africa Coalition, announced at the One Health Summit in Lyon, as a way to support country-led priorities, better coordination and stronger links between health needs and available financing tools.

The 4P also participated in the Finance in Common / G7 Special Event on resource mobilisation, which brought together public development banks, multilateral development banks and partners to discuss how to unlock more capital at scale. This discussion was closely linked to the 4P’s work on private capital mobilisation and the barriers that prevent investment from flowing to emerging markets and developing economies.

Another important focus was the role of philanthropy in development finance. In partnership with OECD netFWD and others, the 4P helped bring philanthropic organisations into high-level discussions with governments and development finance actors. The P7 declaration was an important moment in this effort, showing the readiness of philanthropic actors to work more strategically with public partners, development finance institutions and country-led priorities.

The message was clear: philanthropy cannot replace public finance, but it can play a catalytic role. It can help support innovation, take early risks, strengthen country-led platforms, contribute to blended finance approaches and bring new partners into the development finance ecosystem.

Looking ahead, the 4P will continue to advance this work through upcoming milestones, including the Global Partnerships Conference in London, the Paris Peace Forum and the UK G20 Presidency. Its focus remains on supporting practical solutions that help countries invest in people, prosperity and the planet.

As COP30, approaches, the Pact for Prosperity, People and Planet (4P) will host two key events in Belém, showcasing practical pathways for a fairer, greener and more resilient global financial system.

1- Healthy Debt on a Healthy Planet – 4P Implementation Pathway on the Debt, Nature and Climate Nexus
📍 UK Pavilion, Blue Zone | 12 November, 12:00–13:30
Building on the Healthy Debt on a Healthy Planet report and the launch of the 4P Implementation Pathway on Debt, Nature and Climate at FfD-4 in Seville, supported by Colombia, Kenya, France, Germany and the United Kingdom, this session will present progress made in integrating nature and climate into fiscal frameworks and advancing green-linked debt solutions. The event will contribute to implementing the Baku to Belém Roadmap to $1.3 trillion, bringing together partners to drive coordinated action across the G20, IMF, World Bank and multilateral development banks.

2- COP30 High-Level Ministerial on Solidarity Levies
📍 Special Events Room 2 – Madeira, Blue Zone | 15 November, 10:30–12:00
Hosted by the Global Solidarity Levies Taskforce (GSLTF), this ministerial will mark three milestones: the COP30 Declaration of the Premium Flyers Solidarity Coalition, the release of The Untapped Potential of Solidarity Levies report, and the extension of the GSLTF mandate to 2026. Ministers and experts will explore how solidarity-based instruments, from aviation and maritime to finance and digital assets, can turn ambition into action for global climate and development goals.

In addition, Piera Tortora, Head of the 4P Secretariat, will be speaking at:

3- From Baku to Belém and from Belém to Implementation: Delivering the $1.3 Trillion Goal
📍 Special Event Room São Francisco | 14 November, 16:30–18:00 Organised by the Government of Brazil in collaboration with the World Climate Foundation and the Institute for Climate and Society, this high-level session will explore how the Baku-to-Belém Roadmap and the Circle of Finance Ministers’ Final Report can guide the transition from design to implementation in scaling up climate finance. Piera will join finance leaders and policymakers to discuss how to operationalise the $1.3 trillion annual goal by 2035 through stronger alignment between public and private finance.

Over two days of high-level discussions, the Pact for Prosperity, People, and the Planet (4P) showcased how its coalitions can help renew the international financial architecture and deliver concrete results for development, climate and nature.

Highlights

• Paris Dialogue (Day 1) – The annual Paris Dialogue roundtable on 29 October 2025 at the Musée de la Marine brought together partners to reaffirm the role of international cooperation and sustainable development finance. Building on FfD4 in Seville, it prepared upcoming international discussions ahead of France’s 2026 G7 presidency. In his opening statement, 4P Special Envoy, H.E. Moussa Faki highlighted the 4P as a laboratory for constructive multilateralism and called for innovative financing instruments, including solidarity levies and climate-resilient clauses to advance concrete results and strengthen global solidarity.
• The State of Financing for Development in 2025 (Day 2) – The Special Envoy stressed that coalitions such as the 4P Implementation Pathway on Debt, Nature and Climate, the 4P Eminent Persons Group on barriers to investments in EMDEs, the Global Solidarity Levies Taskforce and the 4P Roadmap for a Better Inclusion of Multidimensional Vulnerability into concessional finance, are turning principles into action, aligning debt, climate and nature agendas to unlock liquidity for vulnerable countries.

The 4P Special Envoy and 4P Head of Secretariat Piera Tortora held bilateral meetings with 4P countries and partners to further advance our shared ambition.

Throughout the Summit, the 4P Special Envoy, H.E. Moussa Faki, will hold several high-level bilateral meetings with African leaders and partners, listening to their priorities and advancing the 4P Implementation Pathway on Debt, Nature, and Climate

These discussions will help shape a collective African agenda for reforming the international financial system while unlocking sustainable investment for climate and development.

The Africa Climate Summit is a crucial opportunity to ensure Africa’s voice drives solutions for a more just and resilient financial system.

From 8–10 September 2025, African leaders, global partners, and climate advocates will gather in Addis Ababa for the Africa Climate Summit (ACS2). The Pact for Prosperity, People and the Planet (4P) will be at the heart of the discussions, working with governments and institutions to drive solutions on the intertwined challenges of debt, climate, and nature.

On 8 September, 4P will co-organise a high-level event, Breaking the Vicious Cycle: Debt, Nature & Climate, alongside the Governments of Kenya and Sierra Leone. This closed-door dialogue will bring together African Heads of State to adopt the ACS2 Leaders’ Declaration a landmark political pledge committing to integrate climate and nature risks into debt sustainability frameworks, scale up debt-for-nature swaps, and embed climate-resilient clauses in lending contracts. 

At the FfD4 Conference in Seville, the Pact for Prosperity, People and the Planet (4P) played a catalytic role in shaping global conversations on reforming the international financial architecture. The 4P organised twelve high-level side events, including dialogues on export credits and country risk assessments, the integration of multidimensional vulnerability into concessional finance and more.

As part of the Sevilla Platform for Action, one of a key 4P iniative was the launch of the 4P Eminent Persons Group on Prudential Regulation to tackle barriers to investment in emerging and developing economies (EMDEs).

The conference featured a high-level segment with Heads of State and Government, underscoring the political momentum behind the 4P. The event was also an opportunity to launch the report “Reforming the International Financial Architecture: Where do wo stand?” which provides a holistic view of progress against the reform of the international financial architecture, with a focus on the international commitments made at the Summit for a New Financing Pact.

These achievements not only reinforced the 4P’s convening power but also laid the groundwork for sustained action across climate, debt, development, and multilateral reform. 

Another major step was the official appointment of H.E. Moussa Faki Mahamat as the new 4P Special Envoy, marking a new phase of leadership to drive inclusive reforms and high-level political engagement.

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