{"id":117603,"date":"2026-04-09T12:45:16","date_gmt":"2026-04-09T16:45:16","guid":{"rendered":"https:\/\/www.un.org\/sustainabledevelopment\/?p=117603"},"modified":"2026-04-09T11:50:55","modified_gmt":"2026-04-09T15:50:55","slug":"press-release-fragmenting-world-worsens-finance-squeeze-reversing-decades-of-progress-on-development-un-report-warns","status":"publish","type":"post","link":"https:\/\/www.un.org\/sustainabledevelopment\/blog\/2026\/04\/press-release-fragmenting-world-worsens-finance-squeeze-reversing-decades-of-progress-on-development-un-report-warns\/","title":{"rendered":"Press Release| Fragmenting world worsens finance squeeze, reversing decades of progress on development, UN report warns"},"content":{"rendered":"

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Fragmenting world worsens finance squeeze, reversing decades of progress on development, UN report warns<\/span><\/strong><\/h3>\n

UNITED NATIONS, 9 April 2026<\/strong>\u00a0\u2013 Development financing trends are going in the wrong direction, the Â鶹APP warned today. In many areas, progress has not only stalled but is reversing due to weakened global collaboration, rising trade barriers, increased geopolitical tensions, repeated climate-related shocks, and an alarming assault on multilateralism.<\/p>\n

The 2026\u00a0<\/strong>Financing for Sustainable Development Report: Implementing the Sevilla Commitment<\/strong><\/em>\u00a0(<\/strong>FSDR 2026<\/strong><\/em>)\u00a0<\/strong>assesses progress on\u00a0the Sevilla Commitment<\/a>\u00a0\u2014 the blueprint for action on financing for sustainable development agreed at the historic Fourth International Conference on Financing for Development (FFD4) in 2025. Many of the reforms envisioned under the Sevilla Commitment, including the reform of the international financial architecture, would give developing countries better and more nimble access to the funding they need.<\/p>\n

\u201cGlobal development requires working together for common goals to avoid reversing the gains of what has been painstakingly built,\u201d said Â鶹APP Deputy Secretary-General Amina J. Mohammed. \u201cImplementing the Sevilla Commitment is our best chance to demonstrate the global community’s enduring commitment to cooperation and to unlock the finance needed to keep the promise of the Sustainable Development Goals.\u201d<\/p>\n

The report notes that an increasing number of developing countries \u2014 especially the poorest and most vulnerable \u2014 confront large unmet SDG spending needs amid an overall financing squeeze. They simultaneously face falling aid, rising costs from environmental degradation and climate impacts, high costs of capital, and high debt service.<\/p>\n

These developing countries face:<\/p>\n