FiCS at the Fourth International Conference on Financing for Development (FfD4)

The Finance in Common (FiCS) community is proud to participate in the Fourth International Conference on Financing for Development (FfD4), taking place in Seville, Spain, from June 30 to July 3, 2025. As a key international milestone in the global development finance agenda, FfD4 brings together governments, multilateral institutions, public development banks (PDBs), private actors, and civil society to align financial flows with sustainable development priorities.

A Stronger Voice for Public Development Banks

Recognizing the pivotal role of FfD4 in shaping the future of global development finance, FiCS prepared a dedicated contribution to the process. The report, Unlocking the Potential of Public Development Banks for Sustainable Development, was presented during the 5th FiCS Summit in Cape Town in February 2025. It outlines a series of concrete recommendations to build a more coherent development finance system and to reinforce the role of PDBs in the international financial architecture.

Building on this foundation, the FiCS initiative is co-organizing eight official side and special events at FfD4, in collaboration with key partners. Notably, four of these events are co-organized with the International Development Finance Club (IDFC), a global network of 27 leading public development banks.

FiCS Official Side and Special Events at FfD4

Below is the agenda of side events co-organized or leaded by the FiCS community. This section will be updated regularly with more information.

Events led by FiCS:

• Innovations and Technical Assistance for Sustainable Finance
  Tuesday, 1 July, 10:30 AM – 12:00 PM - Room: Side Event 17
  This side event will explore how financial innovation and technical assistance (TA) can accelerate sustainable finance across the PDB ecosystem. Showcasing of the FiCS Financial Innovation Lab progress.
  Co-organizers: FiCS, IDB

• Mobilizing Development Banks to Uplift SDG Financing 
  Tuesday, 1 July, 2:30 – 4:00 PM  - Special Event room FIBES 1
  Launch of the PDB Reference Book, resulting from a collaboration between the UNDESA, the FiCS, and AFD.
  Co-organizers: FiCS, AFD, UNDESA

• Scaling Up Sustainable Development Financing: A Coherent Public Development Banks System
  Wednesday, 2 July, 10:30 AM – 12:00 PM - Room: Side Event 17
  This session presents the key findings of the FiCS–CPI–AfDB joint report on enhancing interoperability across public development banks and vertical climate funds. It explores how greater cooperation between MDBs, NDBs, and other stakeholders can create a unified and inclusive development finance system. The dialogue supports Priority 1 of the G20 Sustainable Finance Working Group under South Africa’s presidency.
  Co-organizers: FiCS, South Africa

• Enhancing Market Accesss for PDBs: Reducing the Cost of Capital for Public Development Banks
  Wednesday, 2 July, 2:30 – 4:00 PM - Room: Side Event 15
  Focused on lowering capital costs for PDBs, this session will review options for structured collaboration between MDBs and PDBs to scale up mobilize private capital for country platforms.
  Co-organizers: FiCS, IDFC, MIGA, Rothschild

• Towards Public Development Banks Fully Aligned with the SDGs
  Thursday, 3 July, 8:30 – 10:00 AM - Room: Side Event 21
  This session will present IDFC’s SDG Integration Tracker and tools for ex-ante and ex-post impact assessment, emphasizing integrated development finance.
  Co-organizers: FiCS, IDFC, AsDB

Events co-organized by FiCS:

• Country-Driven Approaches to Financing Climate Action and Sustainable Development
  Monday, 30 June, 4:30 – 6:00 PM - Room: Side Event 17
  Launch of the Seville Impact Initiative, spotlighting national leadership, country platforms, and integrated financing strategies.
  Co-organizers: Governments of Egypt and South Africa, AIIB, UNDP, IDFC, FiCS, INFF Facility

• Protecting Borrowers from Currency Risk: Responsible Lending Products
  Tuesday, 1 July, 8:30 – 10:00 AM - Room: Side Event 6
  Exploring currency hedging, risk-sharing, and responsible lending mechanisms to enhance debt resilience in vulnerable economies.
  Co-organizers: TCX, FiCS, IDFC, 4P

• Implementing FFD4: Exploring 2050 Pathways for Sustainable Finance
  Tuesday, 1 July, 2:30 – 4:00 PM - Room: Side Event 21
  The event will aim to promote and inspire more future-oriented strategic thinking for the implementation of the outcomes of FFD4, and would be the starting point of a Foresight for Sustainable Finance initiative that could be submitted to the Sevilla Platform for Action
  Co-organizers: Alide, UNEP, FiCS, OECD

• From FFD4 commitments to action: Unlocking Partnerships between IFIs (International Financial Institutions) and NDBs (National Development Banks) to Increase Agri-financing for Rural Transformation
  Wednesday, 2 July, 8:30 – 10:00 AM - Room: Side Event 19
  This session will explore how stronger collaboration between IFIs and national development banks can scale agri-financing for rural transformation, building on the FiCS Agri-PDB Platform and the outcomes of FfD4.
  Co-organizers: IFAD, FiCS

More to Come

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