Overview

• More than 50 heads of state, UN Secretary-General Antonio Guterres and 4,000 civil society representatives have gathered in Seville, with the United States absent.
• Delegates are negotiating the Seville commitment, a 38-page political text intended to guide development financing reforms over the next decade.
• The summit is targeting a $4 trillion annual shortfall that is preventing Global South countries from meeting Sustainable Development Goals.
• President Trump’s administration cut 83% of USAID funding in mid-June, and other major donors in Paris, London and Berlin have also reduced their development aid budgets.
• NGOs warn that public debt in the least developed countries has tripled in 15 years, forcing 3.3 billion people to live in countries spending more on debt repayment than on health or education.