Sevilla Commitment

The Sevilla Commitment outlines a comprehensive global strategy to mobilize resources for the 2030 Agenda, focusing on domestic resource mobilization, private capital, international cooperation, and debt sustainability. It calls for systemic reforms to the international financial architecture to increase the representation of developing countries and lower the cost of capital. Key initiatives include the creation of a global central debt data registry, the operationalization of the Africa Credit Rating Agency, and the expansion of blended finance to catalyze sustainable investments.

• The document commits to reforming the international financial architecture to make global economic governance more inclusive and representative, specifically calling for the IMF to explore quota share realignment and the World Bank to conduct a shareholding review in 2025.
• To address sovereign debt challenges, the framework proposes the creation of a single global central debt data registry housed in the World Bank to improve transparency and reduce reporting burdens.
• The commitment seeks to lower borrowing costs for developing countries, particularly in Africa, by addressing high debt premiums and supporting the full operationalization of the Africa Credit Rating Agency.
• The framework emphasizes the need to scale up domestic public resource mobilization through progressive tax systems, the taxation of natural resources, and a call for development partners to at least double support for domestic revenue mobilization by 2030.
• The document advocates for the use of blended finance and risk-sharing instruments to increase the mobilization ratio of private finance from public sources by 2030, emphasizing that such initiatives must prioritize sustainable development impact over quantity.
• Regarding international development cooperation, the document urges developed countries to fulfill the long-standing commitment of allocating 0.7 per cent of gross national income to official development assistance (ODA).
• The framework calls for the acceleration of the transfer of environmentally sound technologies to developing countries on concessional and preferential terms to combat climate change and biodiversity loss.
• The document promotes the use of digital financial services and artificial intelligence in fintech to deepen financial inclusion, while calling for the development of a global framework for AI governance that includes meaningful participation from developing countries.

APA

African Forum and Network on Debt and Development (2025). Sevilla Commitment. https://afrodad.org/sites/default/files/documents/FFD4%20Outcome%20Booklet%20v4_EN%20-%20spread.pdf

Chicago

African Forum and Network on Debt and Development. Sevilla Commitment. 2025. https://afrodad.org/sites/default/files/documents/FFD4%20Outcome%20Booklet%20v4_EN%20-%20spread.pdf.

Wikipedia

{{cite press release |author=African Forum and Network on Debt and Development |title=Sevilla Commitment |date=2025 |url=https://afrodad.org/sites/default/files/documents/FFD4%20Outcome%20Booklet%20v4_EN%20-%20spread.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@misc{africanforumandnetworkondebtanddevelopment2025sevilla, author = {{African Forum and Network on Debt and Development}}, title = {{Sevilla Commitment}}, publisher = {African Forum and Network on Debt and Development}, year = {2025}, url = {https://afrodad.org/sites/default/files/documents/FFD4%20Outcome%20Booklet%20v4_EN%20-%20spread.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }