Nigeria, July 8 -- The Fourth International Conference on Financing for Development (FfD4) has concluded in Seville, Spain, with the adoption of the Sevilla Commitment, a landmark agreement aimed at accelerating progress towards the Sustainable Development Goals (SDGs).

The United Nations in a statement said the conference brought together over 15,000 participants, including nearly 50 heads of state and government, to address the estimated $4 trillion annual SDG financing gap in developing countries.

It is the first inter-governmentally agreed financing for development framework since 2015, calling for system-wide changes regarding funding challenges related to the SDGs.

The Sevilla commitment and platform for action, according to the ...