Global Network for Sustainable Development: Aligning Public Development Banks with SDGs and Climate Goals

Finance in Common is a global network dedicated to Public Development Banks PDBs ming to align financial resources with the Sustnable Development Goals SDGs and the Paris Agreement on Climate Change. Our mission is to strengthen collaboration among PDBs, promoting alignment towards shared standards, best practices, and strategies focused on sustnability. We work together to foster a cohesive approach that transforms global development finance systems according to our common objectives.

In February 2025, we will convene at the Finance in Common Summit FiCS hosted by the Development Bank of Southern Africa DBSA and the Asian Infrastructure Investment Bank IB, under the theme Fostering Infrastructure and Finance for Just and Sustnable Growth. This summit brings together global leaders, PDBs, private sectors, and philanthropies to reframe sustnable finance practices.

Our objective is to catalyze transformative change through:

• Research Aga: Collaborating with over 20 academic institutions and think tanks on in-depth studies exploring the role of PDBs in advancing SDGs and climate objectives.

• Database Creation: Establishing a comprehensive database that maps global Public Development Banks and Development Financing Institutions to enhance transparency and effectiveness in resource allocation.

• International Engagement: Sharing insights and best practices at international forums, contributing to global policy dialogues on sustnable development.

Our activities include:

Joint Declaration

• In 2020, all PDBs signed an ambitious Joint Declaration committing to a strategic shift towards supporting SDGs and Paris Agreement goals through their investment patterns, operations, and financial strategies.

• This groundbreaking summit in Paris catalyzed the establishment of our Secretariat hosted by AFD, an inclusive governance model with an Executive Committee, thematic working groups, and subsequent summits for implementation.

PDBs Database

• We are teaming up with Beijing University’s Institute of New Structural Economics to create a database that captures information on over 530+ PDBs globally, enabling a more precise understanding of their role in development finance. This initiative bridge the knowledge gap in global financial architecture by highlighting their unique contributions.

Knowledge Center

• Publications and Insights: Our research aga produces actionable papers presented at conferences preceding our summits, enriching discussions on SDG implementation and climate action.

• Networking Platform: We foster a community of PDB practitioners sharing experiences, strategies, and successes to optimize resource allocation for sustnable outcomes.

Contact Us

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