Toward a Coherent, Transformative Approach to Financing Sustainable Development, Climate, and Nature
IISD's submission for the Fourth Financing for Development Conference
The Fourth Financing for Development Conference (FfD4) offers a crucial opportunity to create an integrated approach to financing climate and nature work and meeting the Sustainable Development Goals (SDGs). This publication outlines four key proposals to align financing frameworks, enhance sovereign debt relief, provide practical guidance for domestic resource mobilization, and foster greater coordination across finance communities to support sustainable development.
Developing countries face a financing gap of trillions of dollars annually to meet the SDGs, address climate change, and protect biodiversity. Current financing approaches are fragmented, often competing for limited resources. This publication presents four proposals for the FfD4 to create a more coherent and effective system. Key ideas include integrating climate, nature, and development finance frameworks, expanding sovereign debt relief, providing practical domestic resource mobilization guidance, and fostering collaboration through multi-stakeholder platforms to drive sustainable, long-term progress.
You might also be interested in
FfD4: How the Fourth Financing for Development Conference can strengthen finance for development, climate, and nature
As FfD4 approaches, Alexandra Readhead explores key issues and how the conference can reshape global financing for SDGs, climate, and biodiversity.
What Will Happen at COP 29?
Talks at the 2024 UN Climate Change Conference (COP 29) will range from defining a way forward on finance through a new collective quantified goal (NCQG) to mitigation, and loss and damage. Ahead of negotiations in Baku, IISD’s Earth Negotiations Bulletin Team Lead Jennifer Bansard examines the agenda and breaks down what to watch as eyes turn to Azerbaijan.
Addressing Liquidity Challenges: A conceptual framework
A conceptual framework for addressing liquidity challenges in sovereign debt.
Border Carbon Adjustment Mechanisms and Impacts on Vietnam
This report consolidates, analyzes, and presents views and perspectives of stakeholders from Vietnam on border carbon adjustment (BCA) schemes to contribute to the global debate on BCA good practices.