Driving innovation through research
Key Recommendations from Research

Key Recommendations from Research
The note presents a number of recommendations for governments, regulators and for NDBs themselves stemming from the diverse panels and papers presented at the 2025 FiCS Summit.
The Finance in Common Summit 2025 in Cape Town provided a unique opportunity for researchers and think tanks, federated under a Global Research Network (GRN), to showcase the last advancements of their work on the role of Public Development Banks (PDBs) in addressing global challenges such as climate change, sustainable growth or multi-faceted crises.
Development banks, and in particular national development banks (NDBs), have the potential to enhance their resources and achieve greater outcomes. Governments could mobilize them to contribute more significantly to the financing of the Sustainable Development Goals (SDGs), which fundamentally entails promoting economic growth that is consistent with improved social and environmental outcomes. This requires not only implementing strong environmental and social safeguards in NDB’s procedures, but also actively seeking positive impacts by financing operations that enhance the effectiveness of the financial system.
Global research Network
The Global Research Network (GRN) on Public Development Banks (PDBs) is a collaborative initiative that brings together over 50 researchers and think tanks to advance knowledge on the role of PDBs in financing the transition to a sustainable future. Since its launch, the GRN has produced over 40 research papers, contributing to international discussions at events such as the G20, Finance in Common Summits (FiCS), and the upcoming the 4th International Financing for Development Conference (FfD4). The Network, structured around four work streams, provides evidence-based insights to inform policymakers, financial institutions, and development practitioners, fostering collective research and policy dialogue to drive impactful solutions to global development challenges.
PDB Database
The Institute of New Structural Economics at Beijing University and the French Development Agency have created the first comprehensive database on Public Development Banks (PDBs) and Development Financing Institutions (DFIs).
PDBs and DFIs are vital for addressing crises, tackling climate change, and driving global economic transformation. However, identifying these institutions and understanding their role remains a significant challenge. This database fills that gap, helping redirect resources toward sustainable development.
With most PDBs operating at national (52%) or sub-national (22%) levels, they play a key role in "last mile" banking, deeply rooted in local economies and communities.
Public Development Banks at a glance
530+ PDBs
in 2024
$23 Trillion
in assets
10 to 12%
of annual world investment
Where in the world are pbds?

SDG prospector
SDG prospector
The SDG Prospector is a unique tool designed to track and measure the contributions of Public Development Banks toward the Sustainable Development Goals (SDGs).
Faced with major social and environmental transitions, an increasing number of companies and institutions are called upon to account for the extra-financial impacts of their activities. The SDG Prospector applies artificial intelligence (AI) methods to map the alignment of public development banks (PDBs) to the 17 Sustainable Development Goals (SDGs). An innovative solution to better understand the role of PDBs in sustainable finance.