Can Money Change the World? By Alfonso Fernández de Castro Copyright © IPS - Inter Press Service --

Alfonso Fernández de Castro is Resident Representative of the United Nations Development Programme (UNDP) in Uruguay https://www.ipsnews.net/2025/05/can-money-change-world/ The 4th International Conference on Financing for Development (FfD4) is scheduled to take place 30 June - 3 July 2025 in Seville, Spain. The conference will address new and emerging issues, and the urgent need to fully implement the Sustainable Development Goals, and support reform of the international financial architecture. FfD4 will assess the progress made in the implementation of the Monterrey Consensus, the Doha Declaration and the Addis Ababa Action agenda. Shifting finance towards sustainable development is not just an option—it is the path to closing gaps and building a resilient future. Uruguay shows that with vision, public policy, and financial innovation, it can be done. MONTEVIDEO, Uruguay, May 29 2025 (IPS) - While headlines often focus on crises, inequality, or instability, they rarely highlight one of the most powerful tools for transformation: development finance. Can money change the world? Yes—if mobilized with strategic vision, sustainability, and equity. Copyright © IPS - Inter Press Service --