OECD Leads Global Efforts: FFD4 Insights, Climate Investment & Wildfire Resilience
6th July 2025, Kathmandu
The 4th International Conference on Financing for Development (FFD4) in Seville recently concluded, bringing together global governments, international organizations, financial institutions, civil society, and the private sector for critical discussions on the future of development finance.
OECD Leads Global Efforts
The OECD played a pivotal role, offering key insights and data to address emerging challenges and foster sustainable solutions.
Global Tax Cooperation & Development Finance:
A significant outcome from FFD4 was the G7’s endorsement of global minimum tax arrangements, a testament to the OECD’s influence in shaping international fiscal cooperation for a fairer global economy.
Throughout the conference, the OECD’s robust data, performance indicators, and development finance tools were instrumental in guiding dialogues, providing actionable evidence to align financial flows with the Sustainable Development Goals (SDGs). This included a strong focus on fiscal sustainability, innovative investment strategies, and fostering public-private collaboration.
Addressing Social & Economic Shifts:
Beyond finance, the OECD delved into crucial social reforms. Their “Risks That Matter Survey” offers governments vital insights into public opinion on social programs, aiming to make them more inclusive, effective, and future-ready in the face of population ageing, evolving labor markets, and economic insecurity.
Boosting Asia’s Capital Markets:
Recognizing Asia’s significant economic potential, a new OECD report calls for reforms to strengthen capital markets across the region. With 55% of the world’s listed companies, Asia’s uneven capital market development presents an opportunity for enhancements that can boost market-based financing, attract domestic capital, and enhance investor confidence.
The Economic Case for Climate Action:
A groundbreaking OECD-UNDP report emphasizes that climate investment is not merely an environmental necessity but a powerful economic driver. With countries preparing updated Nationally Determined Contributions (NDCs) for 2025, the report highlights the potential for green growth:
Significant GDP Growth: An enhanced NDC scenario could elevate global GDP by up to 3% by 2050 and a remarkable 13% by 2100.
Reduced Economic Risks: Proactive climate action mitigates economic risks from extreme weather events and prevents costly tipping points, such as melting ice sheets.
Data-Driven Investment: The financial benefits of climate action are underpinned by data-driven projections, long-term strategic planning, and the integration of green investment into broader development frameworks.
Building Wildfire Resilience in a “New Fire Reality”
As wildfires intensify and spread globally, the world faces a “new fire reality.” In response, G7 leaders adopted the Kananaskis Wildfire Charter on June 17, 2025. This pivotal agreement, championed by OECD experts Catherine Gamper and Sophie Lavaud, aims to accelerate:
Prevention and Preparedness: Enhancing strategies to prevent ignitions and prepare communities for wildfire events.
Climate-Resilient Infrastructure: Investing in infrastructure that can withstand the impacts of wildfires.
Recovery Frameworks: Developing robust recovery plans aligned with OECD guidance to support affected communities.
The OECD remains committed to providing data, tools, and cross-border policy coordination to help member countries mitigate wildfire risks and protect vulnerable communities.
For more: OECD Leads Global Efforts
