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Thursday, May 1, 2025

As part of the preparatory talks for the upcoming Fourth International Conference on Financing for Development (FfD4 – Sevilla, 30 June – 3 July 2025), ESCR-Net and its allies mobilized across multiple fronts—through side events, strategy meetings, and street protests—to demand the transformation of a global financial architecture rooted in human rights, climate and debt justice, and the leadership of Global South communities.

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Speakers at the “Financing for Justice” side event call for a global financial system grounded in human rights, gender equity, and climate justice—on the road to FfD4 in Sevilla.

On April 28, ESCR-Net co-organized a hybrid side event titled Financing for Justice: Advancing a Human Rights-Based Approach to Development, in collaboration with Dejusticia, OHCHR, CESR, and GI-ESCR. The discussion brought together advocates and experts to examine how taxation, debt, trade, and development cooperation policies must align with international human rights standards, particularly in the face of deepening inequality, climate crisis, and unsustainable debt burdens across the Global South.

Speakers underscored the opportunity to reimagine global economic governance through feminist, decolonial, and climate justice lenses. “We’re living through multiple, interconnected crises,” said Basma Eid of ESCR-Net. “This is a moment to reclaim the right to our future—and to future generations.” Sergio Chaparro of Dejusticia highlighted the crisis of multilateralism and called for broader convergence to integrate human rights into debt, finance, and tax governance. CESR’s Mahinour ElBadrawi emphasized that human rights economies must dismantle entrenched systems of concentrated wealth and power.

The following day, ESCR-Net convened members for a strategy discussion focused on next steps ahead of FfD4. Participants reflected on the shrinking civic space in formal negotiations, the urgency of strengthening national and regional struggles, and the potential for coordinated grassroots and media actions. They also emphasized the need to craft a shared narrative that links economic, gender, and climate justice, while amplifying the voices and leadership of the Global South.

Finance for Development Prep Talks
During the 2025 preparatory talks for the United Nations Financing for Development (FfD) in New York, advocates rallied to demand debt justice and the cancellation of burdensome debts affecting Global South nations.

Meanwhile, outside the UN building, advocates and civil society organizations joined a protest organized by the Asian Peoples’ Movement on Debt and Development (APMDD) to denounce the exclusion of grassroots voices from decision-making and highlight the mounting debt burden faced by countries in the Global South.

“Our collective strategy is not just about FfD4,” said one participant. “It’s about building power, shifting narratives, and fighting for economic systems that serve people and the planet.”

As the road to Sevilla continues, ESCR-Net remains committed to convening its members, advancing transformative alternatives, and ensuring that human rights are not sidelined, but placed at the heart of development finance.