In July 2025, in the wake of major aid cuts by the United States and Europe, the United Nations hosted the fourth conference on financing for development in Seville, Spain. The meeting produced an outcome document, the Seville Commitment, that called for a pause on the debt of developing countries, a debt swap hub, a blended finance hub to derisk private investments, a new tool for development banks to manage currency risks, and a commission on the future of development cooperation. The document also recommended more donor support for governments in the Global South to mobilize domestic resources by building more robust tax systems. The conference also provided a platform laying out 130 initiatives to catalyze investments at scale, address debt challenges, and reform global financing architecture. To access the outcome document, click HERE f Access the conference platform of initiatives HERE