Mauricio Escanero served as Facilitator of the Preparatory Committee for the International Conference on Financing for Development and the Monterrey Consensus from 1999 to 2002. He is currently serving as Ambassador of Mexico to Israel. He is writing this article in his personal capacity.

Financing for Development and the Spirit of Monterrey: A Beacon of Multilateralism for Improving Global Economic Governance

Secretary-General António Guterres (at right) and Pedro Sánchez Pérez-Castejón, President of Spain (at left), brief reporters at the 4th International Conference on Financing for Development (FfD4), 30 June 2025. UN Photo/J.J Guillén
Ambassador Mauricio Escanero at the podium during the FfD4 special event "From Monterrey to Sevilla and Beyond", on 1 July 2025.
Protestors were also on hand during FfD4, held from 30 June to 3 July 2025 in Sevilla, Spain. UN Photo/Mariscal
Secretary-General Ban Ki-moon (centre right) greets Hailemariam Dessalegn, Prime Minister of Ethiopia, at the opening of the 3rd International Conference on Financing for Development (FfD3) on 13 July 2015 in Addis Ababa. UN Photo/Eskinder Debebe
Mauricio Escanero

With the Monterrey process, we opened a path for the United Nations to fulfil its potential as the spearhead for improved global economic governance that fully supports equitable and sustainable development.

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