The Diplomat
The Minister of Foreign Affairs, José Manuel Albares, made progress this Monday in Paris on the preparatory work for the Fourth International Conference on Financing for Development (FfD4), which will be held in Seville in July 2025, according to the Ministry in a press release.
Albares co-chaired the 2024 high-level meeting of the OECD Development Centre (DEV) in the French capital, promoted by Spain with the aim of preparing the Seville event. During the meeting, the minister announced two new voluntary contributions from Spain, for a total of 595,000 euros, to support the work of the Centre in terms of statistics on public revenues – especially in Africa, but also in Latin America and the Caribbean – and for the Virtual Investment Platform for Africa.
Minister Albares also chaired the official presentation of the ‘Latin American Economic Outlook – LEO 2024’, prepared by the OECD together with the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), the CAF (Development Bank of Latin America and the Caribbean) and the European Commission and which, under the title ‘Financing Sustainable Development’, addresses alternative sources of financing in an environment of fiscal restrictions in Latin America and the Caribbean.
Before these meetings and on the sidelines of the OECD, the Minister held a meeting with the Director General of UNESCO, Audrey Azoulay, with whom he discussed issues such as the elections for the Director General of UNESCO, as well as the events in which Spain will collaborate with this organization in the near future, among which the IV Global Forum against Racism and Discrimination or Mondiacult, which Barcelona will host in September 2025, stand out.
