Ms. Tinai Kepa, First Secretary and Chargé d’Affaires of the Permanent Mission of Tuvalu to the United Nations, delivered Tuvalu’s intervention today on the Financing for Sustainable Development Report 2026, noting that while some progress has been made since Seville, overall advancement remains slow and uneven. She underscored that macroeconomic headwinds, conflict, fragmentation, and climate-induced disasters continue to erode development gains, with SIDS and LDCs facing widening financing gaps for the SDGs and climate action.

She called for urgent reforms to the international financial architecture, including realigning IFIs' and MDBs' mandates toward development and climate resilience, and improving credit rating methodologies to better reflect climate vulnerability. She also cautioned against one-size-fits-all approaches to global financial transparency and AML/CFT frameworks, which risk further marginalizing vulnerable economies through de-risking and exclusion from international financial systems. She concluded by stressing that solutions are within reach, but require stronger urgency and political will to move from commitments to implementation.

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