The European Union welcomed the outcome of the Fourth International Conference on Financing for Development and defended the Sevilla Commitment as an important basis for international cooperation on development finance.
The EU highlighted the scale of participation at the conference in Spain, which brought together more than 50 world leaders and 187 delegations alongside business and civil-society representatives.
Brussels said implementation of the agreement should help mobilise resources for sustainable development while reinforcing cooperation between governments, international institutions and private-sector actors.