Tuesday, 02 January 2024 12:17 GMT

QFFD Reinforces Global Financing Commitments At Ffd4


(MENAFN- The Peninsula) QNA

Seville: The Qatar Fund for Development (QFFD) actively engaged at the Fourth International Conference on Financing for Development (FfD4), held in Seville, Spain, reaffirming the State of Qatar's steadfast commitment to addressing global financing gaps and advancing sustainable development worldwide.

Throughout the conference, QFFD underscored its dedication to deploying innovative financing solutions, fostering impactful partnerships, and mobilizing catalytic investments to drive transformative change, particularly in conflict-affected and fragile contexts.

As part of its engagement, QFFD co-hosted a high-level side event titled“Innovative Financing for Sustainable Development: Addressing Gaps and Scaling Solutions” with UNDP.

The event was opened by Minister of State for International Cooperation at the Ministry of Foreign Affairs of Qatar H E Maryam bint Ali bin Nasser Al Misnad and featured ministers and leaders who explored bold approaches to bridge financing gaps and accelerate progress towards the Sustainable Development Goals (SDGs). The discussion emphasized the importance of leveraging catalytic capital and forging strong partnerships to build a more just, inclusive, and resilient world, particularly in least developed and fragile settings.

In partnership with Unicef and the Government of Spain, QFFD co-hosted another high-level side event,“Prioritizing Investments in Children to Accelerate the SDGs and End Child Poverty,” which highlighted the urgent need to place children at the center of financing decisions as a key driver for achieving the SDGs and ending child poverty. The event called for stronger commitments, innovative financing, and resilient public finance systems to uphold every child's rights and well-being.

Additionally, as part of the Arab Coordination Group's commitment to mobilizing innovative and impactful development financing, QFFD participated in the ACG High-Level Roundtable, which brought together Heads of Institutions and Partner Financing Institutions. The roundtable underscored QFFD's dedication to collaborative solutions that address regional priorities and advance equitable, sustainable development across the Global South.

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