In addition to the participation of a number of officials of international organizations and civil society organizations, most notably the World Bank, the conference also witnessed a distinguished presence of the Saudi delegation and the delegations of the Gulf Cooperation Council countries.
Participants discussed several important issues related to the field of development finance in order to achieve the Sustainable Development Goals to reform the global financial system, and participants also discussed emerging issues in the field of development finance.
Participants also discussed emerging issues in the field of development finance. <Among the leading figures who participated in the conference: United Nations Secretary-General António Guterres, Spanish Secretary of State for Finance Jesus Gascon, World Bank Group President Ajay Banga, United Nations Economic and Social Council President Bob Rae, and Islamic Development Bank Group President Dr. Mohammed Al Jasser. The International Real Estate Federation (FIABCI) participated in the conference, through a special session within the conference activities, due to the great importance of the private real estate sector in financing sustainable development projects, especially in the fields of housing and infrastructure.
The main outcomes of the conference were the launch of 130 initiatives within the Seville Platform for Action to implement the Seville Pledge to close the $4 trillion SDG financing gap, stimulate large-scale investment for sustainable development, address debt and development crises, reform the global financial architecture, launch a Debt for Development Swap Center to expand debt-for-development swap deals, and launch the Seville Debt Forum to exchange experiences and enhance coordination in debt management, with the support of the United Nations and Spain.
Seville's Debt Forum was launched with the support of the United Nations and Spain.
<For his part, Mr. Abdullah Al-Harbi said that the participation of FIABCI Saudi Arabia in this global conference represents a qualitative and distinctive addition within the framework of keeping abreast of events and events, due to the importance of the event, which represents a milestone for investment in sustainable development globally, as evidence of this, the conference witnessed the launch of more than 100 initiatives to promote investment in development and address the debt crisis at the global level, adding that the participation highlighted concrete results that contribute to strengthening our global presence in various events to build relationships and partnerships that will have its aftermath, stressing that FIABCI Saudi participation indicates the extent of its broad ambitions and keenness.
It is worth mentioning that the Fourth International Conference on Financing for Development is a key milestone for reshaping the global financial system to keep pace with development challenges. The conference supports the realization of the Sustainable Development Goals and empowers international partnerships by 2030, through international cooperation in a sustainable manner.
FIABCI Saudi Arabia's participation in the conference demonstrates its broad ambitions and keenness.
