Ethiopia Stresses Need for ‘Sevilla Commitment’ to Address Debt Distress, Inequality, & Climate Vulnerability

Addis Ababa, July 2, 2025 (ENA) -- At a high-level special event during the Fourth International Conference on Financing for Development (FfD4) in Sevilla, Spain, Ethiopia called for urgent action to reform global economic governance.

Ambassador Samuel Isa, Ethiopia’s Deputy Permanent Representative to the UN, stressed that the “Sevilla Commitment” must mark a turning point in addressing global challenges like debt distress, inequality, and climate vulnerability.

Ambassador Samuel highlighted the rare convergence of political will among the G77, African Group, LDCs, and reform-minded Northern partners, urging that this unity be translated into concrete action.

He identified three key opportunities: a unified reform narrative, stronger Global South leadership, and momentum behind reform coalitions.

The ambassador called for timelines, accountability, and a permanent UN-led process to drive change, warning that failure to act would have global consequences.

Ethiopia’s message echoed a growing demand from developing nations for a fair and inclusive financial system to advance the 2030 Sustainable Development Goals, according to Ministry of Foreign Affairs.  

Ethiopian delegation led by Minister of Agriculture, Girma Amente is participating in the Fourth International Conference on Financing for Development (FfD4) currently taking place in Seville, Spain, from June 30 to July 3, 2025.