4th FfD Conference 2025
Background
The Financing for Development (FfD) Conferences are a series of major global meetings that focus on addressing the financial structural challenges required to achieve sustainable development. These conferences bring together governments, multilateral organizations, civil society, and the private sector to discuss and coordinate efforts on financial and related systemic issues in global economic governance.
The first of these conferences, the International Conference on Financing for Development, was held in Monterrey, Mexico, in 2002, where the Monterrey Consensus was adopted. This landmark document outlined six areas of financing for development, including domestic financial resources, foreign direct investment and other private flows, international trade, international financial cooperation, debt, and systemic issues such as global economic governance.
Subsequent conferences, such as those held in Doha (2008) and Addis Ababa (2015), have built upon the Monterrey Consensus, addressing emerging challenges and reinforcing the global commitment to finance development effectively and equitably. These conferences are crucial for setting international agendas and fostering cooperation to achieve the United Nations Sustainable Development Goals (SDGs).