In mid-2025, UN member states will hold the 4th International Conference on Financing for Development (FfD4) in Sevilla, Spain, to agree on an ambitious global financing agenda that advances sustainable development. To help ensure that FfD4 not only addresses quantity but also quality of financing, UNDP launched its Finance, Integrity and Governance (FIG) Initiative, in close collaboration with UNDESA.   FIG serves as a co-creative knowledge track that is separate from but in support of member states’ FfD4 negotiations.

The FIG Initiative consists of three multi-stakeholder symposia that provide stakeholders with a space to examine emerging issues on financial integrity and governance in an informal, Chatham House Rule-based, safe space. Each symposium is followed by a working paper that summarizes key insights and recommendations surfaced during the discussions. 

There are several FIG Working Papers. The first paper is based on a FIG Symposium in May 2024, and focuses on financial integrity in connection with the two topics of international tax cooperation and illicit financial flows (IFFs). The second paper, based on a FIG symposium in October 2024, covers financial integrity in relation to the two themes of sovereign debt and professional service providers’ role regarding IFFs and tax abuse. The third symposium will take place in March 2025 and a working paper will follow.