Throwback to the Paris Summit on Sport for Sustainable Development #Sport4SD

Important news was announced during the summit

Our FiCS Ambassador Antonella Baldino took the floor to announce the commitment to invest at least 10 billion dollars until 2030 domestically and internationally, to support local sport infrastructure, grassroots sport activities and research through the The Finance In Common Summit Coalition on Sustainable Development Through Sport.

This is the first joint financial commitment of the Finance in Common members, which will also promote a holistic approach to assess the economic, social and environmental impact of Sport initiatives.

In parallel, we are proud to announce the creation of the first Global Sport Impact Fund to foster investments in Sport for local development.

An innovative financial instrument to achieve the goals of the Paris Agreement for Sport and Sustainable Development.

New banks in the sport coalition

Six new banks joined us already: Bancoldex, Development Bank of Rwanda (BRD) PLC, Caisse des Dépôts et Consignations, CDG Maroc , Development Bank of Southern Africa (DBSA) Africa and CDP Cassa Depositi e Prestiti together with Laureus Sport for Good Foundation as expert International Organization.

Quote from Antonella Baldino

“Ambitious challenges requires pioneering initiatives, an imperative for our team of Public Development Banks to score faster, higher and stronger results!”

Antonella Baldino

Well done to the organizers of the summit

The Summit on Sport and Sustainable Development #Sport4SD, was organized by the International Olympic Committee – IOC and the Présidence de la République with support from AFD - Agence Française de Développement.