General Assembly General Assembly

Permanent Mission of India
New York
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2026 Financing for Development Forum

            Country strategies and regional perspectives on Sevilla Commitment Implementation

 Statement by Ms. Petal Gahlot, First Secretary

22 April 2026

Mr. President,

Country-led platforms enable countries to tailor financing frameworks to their national circumstances. They can help assess financing needs, mobilise resources, and support effective implementation and monitoring of development priorities.

India has operationalised its Integrated National Financing Framework not as a rigid template, but through a model of cooperative and competitive federalism. As reflected in the SDG India Index 2023–24 by NITI Aayog, fiscal allocations are increasingly linked to development outcomes at the sub-national level. This data-driven approach supports better alignment of public expenditure with national priorities and the Sustainable Development Goals, including through instruments such as sovereign green bonds linked to credible climate targets. Strong fiscal frameworks, outcome-based budgeting, and institutional mechanisms have been central to this effort.

India has also leveraged digital public infrastructure to enhance domestic resource mobilisation, improve targeting of subsidies, and increase efficiency in public spending, thereby strengthening the effectiveness of national financing strategies.

Regarding the network of focal points, India views it as a useful, voluntary platform to facilitate peer learning and exchange best practices, particularly among developing countries. It can facilitate two-way engagement by bringing national experiences into global discussions and translating global commitments into actionable strategies at the country level. It is important, however, that such mechanism remain flexible, non-prescriptive, and respectful of diverse national circumstances, and do not create additional reporting burdens.

Looking ahead, coordination platforms should increasingly focus on structuring bankable projects and aligning financing with national development priorities. There is no one-size-fits-all approach, and flexibility must remain central to implementation. Public finance will continue to play a foundational role, particularly in areas such as social protection, infrastructure, and climate adaptation.

Technology can serve as a force multiplier in improving efficiency, transparency, and inclusion. India stands ready to engage with partners through this network to share experiences and strengthen institutional coordination in support of sustainable development.

India underscores that effective implementation of the Sevilla Commitment will depend on strong regional cooperation that reinforces national ownership, promotes inclusive growth, and delivers tangible development outcomes across our region.

 

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