Addis Ababa, July 19, 2024 (FBC) – The Ministry of Foreign Affairs of Ethiopia announced that preparations are underway to host a preparatory conference for the Fourth International Conference on Financing for Development (FfD) in Addis Ababa from July 22–26, 2024.
Spokesperson of the Ministry, Ambassador Nebiyu Tedla, made the announcement on Thursday while briefing the media.
The outcome of the conference in Addis Ababa will serve as a milestone for the Fourth International Conference that will be held in Spain in 2025.
It is to be recalled that Ethiopia hosted the 3rd FFD in 2015, and the Conference endorsed the Addis Ababa Action Agenda (AAAA) as the most ambitious global financial framework to mobilize resources for the implementation of Sustainable Development Goals and means for the implementation of the 2030 Agenda.
The Preparatory Conference in Addis Abeba is expected to bring together approximately 1000 ministerial and government officials, as well as senior experts from all member states, the UN, and other stakeholders, according to the Spokesperson.
Participants will discuss the progress and challenges encountered in implementing the AAAA, as well as identify actions and ideas needed to accelerate the mobilization of development finance for the implementation of the SDGs.
Ethiopia was chosen to host the preparatory session of the 4th FfD because of its diplomatic efforts and commitment to implementing the SDGs. Hosting the conference also gives Ethiopia the opportunity to boost the tourism and hospitality sectors, arrange flights for conference attendees on Ethiopian Airlines, and further enhance the country’s image, Ambassador Nebiyu explained.