Outcomes of 4th International Conference on Financing for Development held at Sevilla (Spain) | Current Affairs | Vision IAS
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  • It adopted a renewed global framework also known as Sevilla Commitment to address $4 trillion annual SDG financing gap in developing countries.
    • The Sevilla Commitment, adopted by consensus, is the first inter-governmentally agreed financing for development framework since 2015.
  • It builds upon the earlier frameworks of Monterrey Consensus (2002), Doha Declaration (2008), Addis Ababa Action Agenda (2015) and Pact for Future

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