Desk Globe on Shallow Focus Lens
Promoting and Defending Multilateralism

Building the Case for Action

The urgency of maintaining international unity has never been clearer. Conflicts, climate change, and economic crises—intensified by opposing political currents—are straining the foundations of multilateral cooperation. Building the case for action and offering practical solutions is vital to re-establishing faith in multilateralism and driving necessary reforms. Among the most pressing needs is addressing global financing gaps, particularly for developing economies and the Global South, where systemic challenges like rising debt, inequality, and the lack of effective funding mechanisms threaten long-term stability and progress.

Through high-level convenings and cross-regional dialogues, this workstream supports the creation of coalitions advocating for shared global solutions. CIC’s focus is to align multilateral reforms with the realities of today’s geopolitical and economic landscape, looking to find ways to bolster the system’s ability to respond to the ongoing polycrisis, financing shortfalls, and double standards.

Key Initiatives

  • Convening cross-regional dialogues with member states, and global leaders to discuss financing for development, fragility, conflict, and violence (FCV) challenges, and other issues.
  • Advancing policy conversations on how to strengthen multilateralism and multilateral institutions.
  • Providing research and analysis to track shifts in global politics and propose pragmatic solutions to maintain multilateral coherence in the face of rising tensions.
  • Publishing CIC Perspectives, a series of publications and reports that provide in-depth analysis on key multilateral issues, offering insights on global policy shifts and challenges.

Financing for Development

In 2025, a critical area where multilateralism can create meaningful impact is Financing for Development—a process in which the outcome will contribute to determining the next decade of development financing. The 4th International Conference on Financing for Development process is occuring amidst a current landscape where debt levels are escalating, inequality is deepening, and the financing mechanisms available to developing countries are insufficient.

CIC’s focus in this area includes pushing for systemic reforms that enable equitable access to finance, with an emphasis on debt sustainability, reform of multilateral development banks (MDBs), and boosting domestic resources mobilization through fair tax policies and international tax cooperation.

Through strategic speaking engagements, policy publications, and direct input into key negotiation processes, CIC ensures our research and recommendations in these areas contribute meaningfully to ongoing negotiations for the 4th International Conference on Financing for Development process and its outcome document taking place in Seville, Spain on June 30 through July 3, 2025. Additionally, this workstream actively engages in efforts to build cross-regional common ground to advance a more equitable financing system that responds to the needs of developing economies, along with providing technical assistance to regional groups to support them in articulating their priorities during this process.

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