Seville, Spain, June 30, 2025 (Lusa) - The President of Mozambique on Monday proposed to the countries of the United Nations a Global Partnership for Climate Finance focused on the most vulnerable countries, at the start of the Fourth International Conference on Financing for Development in Seville, Spain.
"We want to propose a new model of cooperation that places climate finance, inclusive industrialisation and strategic capacity building at the centre of global priorities. We are confident that, with the collaboration of the international community and good practices, we can build a more just, resilient and sustainable future for all," said Daniel Chapo, addressing the conference plenary, which represents more than 190 United Nations member states.
The conference, which runs until Thursday in Seville, aims to relaunch models for mobilising and applying resources for development, whose public aid funds have been declining and currently have a deficit of US$4 trillion per year, according to the UN.
Daniel Chapo took five proposals to the Seville conference, considering that the UN meeting is a "strategic chance" to think about "concrete, innovative and sustainable solutions to the financial challenges facing developing countries today" and to reaffirm "the value of multilateral cooperation" in achieving the goals for sustainable development.
The first of Mozambique's proposals, which Daniel Chapo emphasised were "in line with the expected results of this conference", was a "new Global Partnership for Results-Based Climate Finance, focusing on highly vulnerable countries, low carbon emissions and adaptation projects".
Mozambique also proposed the creation of national and regional Development Banks, "aimed at financing rural industrialisation, Small and Medium Enterprises and the green economy", as well as a "continental platform for digital financial inclusion, focusing on young people and women, promoting access to micro-investments via African fintechs".
Fourthly, Mozambique, in line with what has been advocated by other protagonists at this conference and what is enshrined in the ‘Seville Commitment’ document, signed today by more than 190 UN countries, advocated "multilateral mechanisms for sustainable debt management, including transparency and investment incentives".
The last proposal presented by Daniel Chapo is a "Global Compact for Human Capital Training, with regional centres of excellence".
The President of Mozambique said that his country has reinforced its "commitment to structural reforms" and a "clear vision of economic transformation" based on "good governance, strategic infrastructure, industrialisation, human capital and environmental sustainability", which "resonates with the central principles" of the UN conference in Seville, "which is the need for a more inclusive global financial architecture, with better access to finance and greater equity in opportunities for developing countries".
"We welcome this conference's emphasis on innovative instruments such as blended finance and underline the urgent need to strengthen National Development Banks as catalytic platforms for investment in industrialisation, including Small and Medium-sized Enterprises, which drive the economy, and agriculture as the basis for development," said Daniel Chapo.
More than 60 world leaders are attending the Seville conference on financing for development, which comes ten years after the previous conference in Ethiopia in 2015.
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