South Centre Statement on the Fourth International Conference on Financing for Development
Seville, Spain, 30 June – 3 July 2025
The international financial architecture continues to reflect a global order that existed eight decades ago. An urgent, comprehensive reform is needed to make such order responsive to the financing needs of developing countries in the 21st century.
Reform of the International Debt Architecture: A Developing Country Perspective on Credit Rating Agencies and Financing for Sustainable Development
FfD4 Side Event Co-Organized by IDEAs and South Centre
2 July 2025, 12:30 – 14:00, Room Side Event 17,
FIBES Sevilla Exhibition & Conference Centre, Seville, Spain
Statement of Carlos Correa, Executive Director of the South Centre, on occasion of the Council of the Global South Research Center
Beijing, March 28th, 2025
We welcome the creation of the Global South Research Center with the Secretariat of the Center for International Knowledge on Development (CIKD), and look forward to the opportunities to cooperate on themes of particular relevance for the Global South.
Advancing International Cooperation under the Global Digital Compact
By Danish
Bridging the global digital divide in new and emerging technologies, particularly Artificial Intelligence, will require developing countries to strongly leverage international cooperation to build digital skills, knowledge and gain access to these technologies which can accelerate their digital transformation and sustainable development. This emphasis on international cooperation is also deeply embedded in the Global Digital Compact, which was adopted as part of the Pact for the Future. This paper therefore looks at how international cooperation modalities have been included in the GDC across the different issue areas, how developing countries are already engaging with the GDC through their national initiatives, and provides some useful considerations going forward.
South Centre Annual Report 2024
The South Centre carries out multiple activities to support developing countries with policy-oriented research, inputs and advice for negotiations and capacity building. The Report summarizes the South Centre’s activities in 2024 and highlights the contexts in which they were conducted as well as the objectives that were pursued with their implementation.
Will the Pact for the Future Advance a Common Global Agenda on the Challenges Facing Humanity?
By Viviana Munoz Tellez, Danish, Abdul Muheet Chowdhary, Nirmalya Syam, Daniel Uribe
At a time when multilateralism is needed more than ever to address the global challenges and rising geopolitical tensions, paradoxically, the capacity and delegated power of the United Nations (UN) to uphold a rule-based order to keep peace and security is being weakened. Even in an increasingly multipolar world, a retreat towards unilateralism by world powers masked as national sovereignty is dangerous and highly unfavourable for developing countries. In this light, the United Nations Pact for the Future, a new forward-looking agenda of commitments adopted by consensus by UN Member States in September 2024, is a welcome initiative. The Pact for the Future, nonetheless, is short in delivering commitments on transformative changes in global governance and solutions to the most pressing global challenges. This document briefly examines some of the actions and high-level commitments in the Pact of the Future to strengthen multilateral cooperation and provides recommendations for their implementation.
Inputs to the Expert Mechanism on the Right to Development Study on Climate Justice, Sustainability, and the Right to Development
February 2025
The South Centre inputs to the Expert Mechanism on the Right to Development Study on Climate Justice, Sustainability, and the Right to Development makes a call for upholding Common but Differentiated Responsibilities and Respective Capabilities (CBDRRC) in ensuring a just transition, protecting the human rights of the most affected populations and reforming Investor-State Dispute Settlement (ISDS) mechanisms that threaten climate action.
South Centre Inputs to FfD4 Elements Paper – Debt Sustainability, Business and Finance, Taxation
By Yuefen Li, Danish, Abdul Muheet Chowdhary
The upcoming 4th conference on financing for development (FfD4) represents an important opportunity for developing countries to achieve a deep reform of the international financial architecture so that it meets their sustainable development needs and enhances the scale of development finance to fully realize the 2030 Agenda for Sustainable Development. Based on the inputs provided by the South Centre to the FfD4 process, this policy brief highlights some of the key messages, problem statements and policy solutions in the areas of sovereign debt, private business and finance, and international tax cooperation that should be considered by the countries of the global South in their deliberations towards achieving ambitious outcomes at FfD4.
A RAFT FOR THE FUTURE: Can the Pact for the Future Deliver the Multilateral Titanic?
South Centre Statement
24 October 2024
The South Centre participated in the Foundation for Global Governance and Sustainability (FOGGS) event evaluating the Pact For The Future. The Pact is a crucial step but needs a concrete roadmap with clear actions & timelines to find solutions central to developing countries.
Science in crisis times: The crucial role of science in sustainability and transformation
PLOS Sustainability and Transformation Journal
Authors: Paul Shrivastava, Louise Jackson, Thaura Ghneim-Herrera, Patrick Caron, Carlos Correa, Carlos Alvarez Pereira, Timothy Coombs, Oluchi Ezekannagha, Nick Ishmael-Perkins, Melissa Leach, Sélim Louafi, Gary E. Machlis, Julia Marton-Lefèvre, Alexander Müller, Janos Pasztor, Vivi Stavrou, Camilla Toulmin, and Sonja Vermeulen
In an era marked by the convergence of complex crises, the role of science in sustainability and transformative changes has never been more critical. A recent article in PLOS Sustainability and Transformation Journal, titled “Science in Crisis Times: The Crucial Role of Science in Sustainability and Transformation,” delves into this pressing issue. Authored by a distinguished group of experts, including former MAK’IT Scientific Officer Thaura Ghneim-Herrera and South Centre Executive Director Carlos M. Correa, the article draws from the insights of the 2022 MAK’IT conference “What Role for Science in Crisis Times? Outlook in the Health, Environment, and Agriculture Interconnected Areas”, held in University of Montpellier with the support of the South Centre, which brought together 18 international experts.
Reviewing the Implementation of Select Sustainable Development Goals – A Southern Perspective
By Yuefen Li, Viviana Muñoz Tellez, Vahini Naidu, Danish, Vitor Ido, Peter Lunenborg, Nirmalya Syam, Daniel Uribe
In line with the focus of the work of the South Centre, this paper specifically looks at the following Sustainable Development Goals (SDGs): Goal 1 – No poverty; Goal 2 – Zero Hunger; Goal 3 – Good Health and Well-being; Goal 9 – Industry, Innovation and Infrastructure; Goal 13 – Climate Action; Goal 14 – Life Below Water; Goal 15 – Life on Land; and Goal 17 – Partnerships for the Goals. Particular attention has also been paid to the concerns of least developed countries (LDCs) in relation to the SDGs.
The paper thus seeks to provide a review of the trajectory of the implementation of the aforementioned SDGs in the years since 2015 from the perspective of the Global South. It then spells out the drivers for the progress made and the challenges and the changing narratives in the world today. It also provides some concrete recommendations which can support developing and least developed countries in their sustainable development pathways.
South Centre Statement at the 60th Anniversary Celebration of the Group of 77 and China in Geneva
13 September 2024
The South Centre participated in the 60th Anniversary of the Group of 77 and China and strongly reaffirmed our commitment to supporting the Global South countries in meeting common challenges for achieving prosperity & sustainable development.
