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. This declaration and the program of the FiCS are built around four key questions:
- What is the “raison d’être”, role and investment thesis of the PDBs in times of COVID-19 crisis, fighting climate change and serving the 2030 Agenda?
- Are PDBs sufficiently contributing to the agenda collectively set in 2015?
- How can PDBs better cooperate to maximize their action?
- How to make progress towards a coherent financial system where all financial flows are directed towards climate and sustainability?
Some Public Development Banks have taken the lead to deliver additional declarations on agriculture, biodiversity, climate, energy transition, gender and sport/development.