Joint Declaration

The first Joint Declaration of all Public Development Banks recognized the unique role that Public Development Banks play at reorienting all financial flows towards the SDGs and Paris Agreement. This initial declaration highlights a concrete roadmap and timeline that the Finance in Common Initiative has been executing ever since.

Joint declaration

Joint declaration

The first deliverable of the Finance in Common Summit is a joint declaration of all Public Development Banks stating their willingness to contribute to the recovery and align with sustainable finance principles. 



The 526 Public Development Banks signed this ambitious joint declaration in 2020, with a concrete roadmap, timeline, and process to achieve collective results at scale. The signatories will shift their strategies, investments patterns, and operations modalities, in order to contribute to the achievement of the United Nations Sustainable Development Goals (SDGs) and the Paris Agreement. PDBs also commit to act as responsible and transparent institutions, and to develop international cooperation, sharing best practices to improve the sustainability and quality of their financing. PDBs believe that their contribution will help the emergence of a much-needed global framework for SDG-compatible finance.

additionnal statement