In this edition, Development Perspectives focuses on the Fourth Conference on Financing for Development, held in Seville at a pivotal moment for humanity. Its pages explore the most pressing global challenges—such as climate change, geopolitical tensions, and the decline in international aid—while highlighting innovative proposals to address them. With an emphasis on the role of local governments, the private sector, and emerging financial mechanisms, this publication invites readers to rethink development from a collective, realistic, and optimistic perspective.