Addis Ababa, July 26, 2024 (Addis Walta) The first Preparatory Committee for the Fourth International Conference on Financing for Development (FfD4) enables developing countries to get their voice heard.
FfD4 was being held from July 22-26/2024 at Skylight Hotel in Addis Ababa, has been successfully concluded.
One of the four preparatory sessions to review progress on the Addis Ababa Action Agenda and identify actions and solutions to accelerate the implementation of SDGs (Sustainable Development Goals).
It was organized to prepare for the upcoming Fourth International Conference on Financing for Development that will be hosted by Spain in 2025.
Domestic resource mobilization, sustainable debt management, addressing systemic issues climate changes and global challenges, innovative financing, and strengthening development cooperation during the ministerial and technical segments were key issues discussed at the conference.
Hosted by Ethiopia, the conference was attended by more than 850 delegates from UN member states, including ministers, representatives of UN organizations, regional and international organizations, CSOs, and academia.
The conference was officially concluded by Ahmed Shide, Minister of Finance of Ethiopia, the Under-Secretary-General for Economic and Social Affairs, and the preparatory committee co-chairs, per the Ethiopian Ministry of Finance.