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Public Development Banks joining forces to transform the financial system towards climate and sustainability

Who we are

Finance in Common is the global network of all Public Development Banks (PDBs), which aims to align financial flows on the 2030 Agenda and Paris Agreement for Climate Change.

Our objective is to strengthen partnerships among PDBs to accelerate the convergence towards shared standards and best practices, to support banks’ commitments to shift their strategies towards sustainability, and to give PDBs more visibility in the global fora discussing international policy issues. By mobilizing PDBs and crucial stakeholders, from private sector to civil society organizations, we aim to encourage more coherent approaches to make the whole development finance system consistent with our common climate and sustainability objectives.

26/28
February
2025

#FinanceinCommon2025

FiCS Summit 2025

Cape Town, South Africa
26 - 28 February 2025

Join us from 26-28 February 2025 in Cape Town, South Africa, for the 5th Finance in Common Summit (FiCS), co-hosted by the Development Bank of Southern Africa (DBSA) and the Asian Infrastructure Investment Bank (AIIB) with the support of Agence Française de Développement (AFD). The 2025 summit will bring together global leaders, public development banks, the private sector, and philanthropies to reimagine and reshape sustainable finance.

FiCS 2025, themed Fostering Infrastructure and Finance for Just and Sustainable Growth,” is a global platform for collaboration, financial innovation, and advancing the Sustainable Development Goals (SDGs). 

A dedicated program on Sports, Art and Culture for sustainable development will also be included for the first time within the main agenda, positioning these innovative sectors as a powerful lever to address global challenges.

Location: Cape Town International Convention Centre 1 (CTICC1), South Africa

The latest FiCS Annual Report

The latest FiCS Annual Report

FiCS 2023 Annual Report 

Check out the Finance in Common's new annual report showcasing what we did in 2023, a summary of FiCS Summit 2023, and a roadmap for the next year. 

NEWS & INSIGHTS

Discover the Finance in Common 2-pager!

Discover the Finance in Common 2-pager!

We created this document to give you a quick and efficient overview of the Finance in Common movement. This document summarizes the actions carried out throughout the year and during the Finance in Common summits.

FiCS Booklet

FiCS Booklet

Check out the Finance in Common's new booklet showcasing who we are, our different workstreams, how our governance is structured, and our future objectives. 

What we do

  • Community of practice

    To implement the Joint Declaration, FICS members joined forces within 12 Thematic Coalitions, organized around major issues of interest for PDBs, from climate to urban challenges.

    These 12 Thematic Coalitions allow members to share good practices, expertise and experiences. We believe that a good community of practice can push PDBs to unleash their full potential by learning and implementing innovative strategies. Through the FICS Thematic Coalition, PDBs learn and engage amongst peers, advance collaboration on the ground, and ultimately strengthen their impact.

    > Do you want to know more about a coalition ? Come here

  • The FiCS Innovation Lab

    The proposed mission of the FiCS Lab is to be a platform that fosters innovation and collaboration among PDBs in mobilizing private capital and expanding climate finance, particularly in emerging markets and developing economies.

    Finance in Common (FiCS), the Inter-American Development Bank (IDB), and the Climate Policy Initiative (CPI) have partnered to operationalize the FiCS Financial Innovation Lab with CPI as its secretariat. In September 2023, FiCS announced in its final communiqué the creation of a “Financial Innovation Lab”. The vision was to bring together public development banks (PDBs) and donors around an action-oriented platform to accelerate the implementation of climate finance and the broader 2030 SDG agenda.

    Know more about the FiCS Lab

  • International Agenda

    Beyond its annual global Summit of all Public Development Banks, which aims to bring different perspectives and expertise together to discuss the most pressing issues.

    FICS also participates in high-level global events on climate and sustainable development to carry the voice and perspective of PDBs within global development conversations.

    Check our 2024 international agenda

Joint dEclaration

Joint dEclaration

During the initial Summit in 2020, Public Development Banks not only gathered for the first time ever, but they also signed an ambitious Joint Declaration. 

In 2020, FICS gathered all PDBs worldwide for the first time during the initial FICS Summit in Paris, which led to a Joint Declaration, in which PDBs agree to shift their strategies, investment patterns, activities and operating modalities to contribute to the achievements of the SDGs and the objectives of the Paris Agreement. Since then, FICS has created a Secretariat, hosted by AFD, structured its inclusive governance through its Executive Committee, supported its now eleven Thematic Working Groups and organized other FICS summits, all to execute and implement the Joint Declaration.

Description

Research

Our research hub provides key insights, data, and analyses to drive innovation in sustainable finance. We explore critical topics such as climate finance, economic resilience, and the role of Public Development Banks (PDBs) in gloabal development.

  • Discover in-depth reports and publications
  • Access exclusive data on development finance
  • Stay ahead with the latest research findings