Report of the Inter-agency Task Force on Financing for Development 2024

Financing for Sustainable Development Report: Financing for Development at a Crossroads
Global financing shortcomings jeopardize climate action and sustainable development, demanding swift investment, policy reform, and stronger multilateral trust. The analysis warns that a final push before the 2030 deadline is crucial to overcome structural gaps and reverse a crisis in the global financial framework.
This report finds that the world is facing a sustainable development crisis, and that financing challenges are at the heart of the crisis and imperil the SDGs and climate action. It notes that the Fourth International Conference on Financing for Development in 2025 will be a last chance to correct course if we want to achieve the SDGs by the 2030 deadline. It calls for urgently closing financing gaps through an investment push, for closing policy and architecture gaps to make the international financial architecture fit for purpose in a crisis-prone world, and for closing credibility gaps, translating rhetoric into action to rebuild trust in multilateralism.

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