This report analyzes fiscal challenges in emerging markets and proposes a flexible, transparent framework for sustainable debt management and improved fiscal resilience.
This document outlines key recommendations from the International Institute for Sustainable Development (IISD) to inform negotiators ahead of the Fourth International Conference on Financing for Development (FfD4), taking place June 30–July 3, 2025, in Seville, Spain. As the global community confronts urgent financing challenges for sustainable development, climate, and nature, IISD draws on its interdisciplinary expertise to propose actionable solutions that align financial systems with the needs of people and the planet. These recommendations aim to support a more integrated, equitable, and effective global financing framework.
The report introduces the Debt for Resilience (D4R) initiative, a new approach to debt relief for International Development Association–eligible countries that redefines current debt vulnerabilities as structural balance of payments pressures—rather than mere liquidity issues—offering targeted debt reduction and policy support to safeguard economic stability and enable long-term development investments.
Four key proposals for the Fourth Financing for Development Conference (FfD4) to create an integrated, equitable approach to financing climate, nature, and development goals.