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UN Secretary‑General Antonio Guterres urges debt, financial reforms and an end to wars to close $4 trillion SDG financing gap
Summary
At a financing‑for‑development forum, UN Secretary‑General Antonio Guterres outlined three priorities—mobilizing finance, restructuring sovereign borrowing, and reforming global financial institutions—and warned the conflict in the Middle East and rising military spending are worsening a shortfall he placed at more than $4 trillion annually to meet the SDGs.
United Nations Secretary‑General Antonio Guterres urged world leaders to rapidly scale up finance for development, overhaul sovereign debt practices and reform international financial institutions, saying current geopolitical shocks and rising military spending are worsening a shortfall he placed at more than $4 trillion a year to achieve the Sustainable Development Goals.
Speaking at a forum convened after the Sevilla commitment, Guterres framed the meeting as “the first major gathering on financing for development since member states adopted the Sevilla commitment,” and said the world faces “a moment of profound turbulence” marked by deepening…
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