What has been called a "silent” debt crisis is silent no more. Across the Global South, debt burdens are not only reducing prospects for economic growth and long-term resilience but are also crushing sustainable development.  The Fourth International Conference on Financing for Development (FfD4), set to take place in Seville, Spain, presents an opportunity to address these adverse debt dynamics and assist in getting development back on track. Once it is formally presented and endorsed by heads of state and governments at FfD4, the Compromiso de Sevilla will reflect a multilateral commitment to renew the global financing for development framework in the face of serious geopolitical tensions, conflicts, increasing macroeconomic challenges and growing systemic risks. The eleven policy priorities summarized in this document have been identified by the Expert Group on Debt appointed by the UN Secretary-General António Guterres in December 2024 […]