Photo: UN
As the world prepares for the Fourth International Conference on Financing for Development (FfD4), Wemos has shared its feedback to the recently published zero draft of the conference’s outcome document, which will become the main global policy framework for development finance.
The zero draft is now under debate during the 3rd Preparatory Committee Session (3rd PrepCom) at UN Headquarters in New York, kick-starting the negotiations leading up to FfD4. Our response highlights key areas that require attention to foster health and financial justice. We call on the Dutch government and European leaders to seize this moment to commit to structural changes that promote public financing, health equity and a fairer global financial architecture.
About the FfD4 and the 3rd PrepCom
The FfD4, scheduled for 30 June-3 July 2025 in Seville (Spain), is a vital opportunity for governments to adopt systemic reforms that can close financing gaps for sustainable development and support the achievement of the Sustainable Development Goals (SDGs). With only five years left until 2030, progress on the SDGs is severely off track, and many developing economies are struggling under unsustainable debt burdens and insufficient resources for critical public sectors, including health.
The 3rd PrepCom, taking place from 10-14 February 2025, is a key moment in the roadmap to the Conference as governments discuss the zero draft of the outcome document of FfD4. It marks the first opportunity to provide detailed feedback on the proposed framework, setting the stage for future negotiations and commitments. At this point, it is crucial to shape an ambitious and actionable document that can drive positive change.
