KFAED participates in Fourth UN International Conference on Financing for Development

The Kuwait Fund for Arab Economic Development (KFAED) participated in the Fourth United Nations International Conference on Financing for Development, which began last Monday and concludes today, Thursday, in Seville, Spain.

The conference — organized by the United Nations every ten years, to discuss the opportunities and challenges associated with sustainable development worldwide, develops practical visions that strengthen public-private partnerships, and activates innovative financing mechanisms that contribute to accelerating progress toward achieving the development goals by 2030 — was attended by heads of state, heads of government, and representatives of international organizations, as well as numerous financial institutions and the private sector.

The opening session of the conference featured speeches by King Felipe VI of Spain, the Spanish Prime Minister, and the UN Secretary-General, who emphasized the importance of strengthening international cooperation to support the Sustainable Development Goals, especially in light of current economic and environmental challenges.

The Fund’s participation embodies its pioneering role in supporting development efforts regionally and internationally, affirming Kuwait’s commitment as an active partner in supporting global sustainable development initiatives and accelerating progress toward achieving the 2030 Development Plan.