Five Years of FiCS
Over the past five years, FiCS has now moved from the ‘S’ of summit to the ‘S’ of system. A movement that illustrates how a multilateralism of solutions could open up new perspectives for international finance, investment and cooperation. By uniting over 540 PDBs and partners around a shared vision of sustainable finance, FiCS has demonstrated the power of collective action in addressing global challenges, from climate change to social inequality.
This anniversary is both a moment of celebration and a moment of renewal, marking what has been achieved and opening the next chapter of collective action.
FiCS FIVE-YEAR REPORT
FiCS FIVE-YEAR REPORT
This five-year activity report documents how Finance in Common has grown from a summit into a system, mobilizing Public Development Banks around shared commitments and concrete solutions. It provides key figures, insights, and examples showing how collective action can drive systemic change in sustainable development finance.
FiCS in Numbers
Five years of Finance in Common have translated collective ambition into measurable action. These key figures reflect the scale, reach, and momentum of the FiCS movement.
4,600
Across three continents, the FiCS summits have brought together nearly 4,600 in-person participants
550
FiCS has built a community of 550 public and private practitioners and experts mobilized in 25 working groups
170
170 concrete commitments have been signed by PDBs and new financial partners, with clear targets and monitoring indicators
Message from the Chairman
Message from the Chairman
Rémy Rioux, Chairman, Finance in Common (FiCS)
"The 2020 Joint Declaration, signed by numerous Multilateral Development Banks, IDFC members, and the World Federation of Development Finance Institutions (WFDFI), paved the way for a journey that today proudly celebrates its fifth anniversary.
Five years later, the figures speak for themselves: five summits, fourteen thematic coalitions, numerous innovative tools, and—most importantly—a legitimate and friendly community of nearly 550 PDBs and their stakeholders. Anchored in G20, UN, and climate COP dialogues, FiCS now brings together international, regional, national, and subnational PDBs. This system has been formally recognized by the United Nations during the Fourth International Conference on Financing for Development, as well as in the COP30 Baku-to-Belém Roadmap. The “S” in FiCS has progressively evolved from Summit to System, demonstrating its contribution to a new “multilateralism of solutions"."