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Press release 22 April 2026

Statement by H.E. Mr. Tofig F. Musayev, Permanent Representative of the Republic of Azerbaijan to the United Nations, at the General Debate of the ECOSOC Forum on Financing for Development follow-up, 22 April 2026

Azərbaycan Respublikasının
BMT yanında
Daimi Nümayəndəliyi

 

Permanent Mission
of the Republic of Azerbaijan
to the United Nations

633 Third Avenue, Suite 3210, New York, N.Y. 10017
Tel.: (212) 371-2559; Fax: (212) 371-2784

Statement by H.E. Mr. Tofig F. Musayev

Permanent Representative of the Republic of Azerbaijan to the United Nations

at the General Debate of the ECOSOC Forum on Financing for Development follow-up

 

UNHQ, Conference Room 4, 22 April 2026

 

Mr. President, as reflected in discussions across the Forum’s agenda, the global financing landscape is becoming increasingly fragmented, marked by rising debt vulnerabilities and widening gaps in progress toward the Sustainable Development Goals. Against this backdrop, the urgency of scaling up and better aligning financing with the implementation of the Sevilla Commitment has never been greater.

 

Azerbaijan approaches financing for development through a comprehensive national framework that integrates strategic planning, fiscal policy, and investment priorities. Instruments such as the Integrated National Financing Frameworks and SDG investment mapping, which we have applied in the national context, provide effective tools for enhancing public expenditure efficiency and channeling resources toward high-impact sectors, including agriculture, sustainable transport, renewable energy, and digital and trade infrastructure.

 

Complementing these efforts, Azerbaijan is emerging as a model for South-South cooperation, demonstrating that middle-income countries can lead with accountability and financial innovation. Over the past five years, my country has expanded its development and humanitarian cooperation, particularly with Small Island Developing States and African partners, while also supporting capacity-building through multilateral mechanisms.

 

We also remain committed to strengthening coherence between climate and development finance within the framework of the Sevilla Commitment, ensuring that increased climate ambition is matched by accessible, predictable, and affordable financing, particularly for the most vulnerable.

 

In this context, it is essential to recognize the growing role of cities and local and regional governments, which are increasingly at the forefront of delivering sustainable and climate-resilient development solutions. However, they continue to face significant financing and capacity constraints, with adequate and predictable funding remaining a key challenge to the effective implementation of the New Urban Agenda. Housing, in particular, requires strengthened cooperation, as recognized across key intergovernmental processes. In this regard, the thirteenth session of the World Urban Forum in Baku next month will focus on the global housing crisis, resilience, and climate action. The Forum will serve as an important global platform to advance dialogue, mobilize partnerships, and promote concrete solutions for financing sustainable urban development. We invite all Member States and stakeholders to participate actively in this important event.

 

In conclusion, Azerbaijan remains committed to advancing reforms that mobilize investment for sustainable growth and make the global financial architecture more inclusive, resilient, and effective.

 

Thank you.

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