Sevilla Commitment and Subnational Finance: Taking Stock of Progress

​Join us for a side event during the 2026 Financing for Development Week Fin4Dev Dialogues.

​The text of the Sevilla Commitment includes two paragraphs specifically dedicated to subnational finance:

​We will strengthen subnational finance, where appropriate, by enhancing local and regional authorities’ technical, technological and human resource capacities, improving accounting systems and reporting mechanisms, and boosting intergovernmental coordination. We will also promote the diversification of revenue and financing sources, including exploring the development of municipal bond markets as applicable, and promoting stable and transparent intergovernmental financial transfer systems and equalization mechanisms;

​We will support national and local governments to prioritize and strengthen their policies, strategies and practices to implement eIective infrastructure asset management and development over the life cycle of assets and mobilize revenues as appropriate.

​What is the progress in implementation? How do the current changes in the geopolitical landscape and the overall reduction in development aid impact the Sevilla Commitment policies towards subnational finance?

​The side event will bring together leading practitioners to define progress and identify key challenges to the implementation of the Sevilla Commitment to subnational finance.

​Speakers TBA

​This is an in-person only event.