OACPS and EU Reaffirm Joint Commitment to Financing for Development at FfD4

Brussels, 1 July 2025. The Organisation of African, Caribbean and Pacific States (OACPS) and the European Union (EU) have issued a Joint Statement reaffirming their shared commitment to multilateralism and sustainable development ahead of the Fourth International Conference on Financing for Development (FfD4).

In the statement, the 104 signatories of the Samoa Agreement, comprising 77 OACPS Member States and the 27 EU Member States, underscore the urgent need for a renewed global financing framework to close the financial gap and to accelerate implementation of the 2030 Agenda and the Paris Agreement.

The OACPS and the EU jointly underscore the importance of mobilising all sources of financing—public, private, domestic and international to achieve Sustainable development. They stress the need to strengthen debt management capacities and address the burden of public debt in vulnerable countries. The statement calls for leveraging innovative financial instruments, including green and blue bonds; and supporting fair tax systems and fighting illicit financial flows.

As the world faces increasingly complex global challenges, the OACPS and the EU call for stronger, fairer, and more inclusive financial systems, as well as the reform of the international financial architecture, to drive progress toward the Sustainable Development Goals.

Read the Joint Declaration