UNLOCKING THE POTENTIAL OF PUBLIC DEVELOPMENT BANKS FOR SUSTAINABLE DEVELOPMENT _ A FINANCE IN COMMON CONTRIBUTION TO FfD4

As the international community prepares for the Fourth International Conference on Financing for Development (FfD4) in Seville, the United Nations Department of Economic and Social Affairs (UN DESA) has called for strategic input to help shape the future of the global financial system. Recognizing the pivotal role of Public Development Banks (PDBs) in financing growth and sustainable development, UN DESA invited Finance in Common (FiCS) to lead the preparatory work on public finance and contribute to concrete discussions on blended finance and private sector mobilization. This report responds to that request, offering an in-depth analysis of how PDBs can operate as a system to better align financial flows with the Sustainable Development Goals (SDGs) and global priorities.