Finance in Common Summit November 11-12, 2020 Paris, France

Case Study
Environmental Sustainability and Climate Action
Innovative Finance / Blended Finance
International Monetary Fund
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This event report summarizes the Finance in Common Summit, the first global meeting of Public Development Banks (PDBs), held in Paris. The summit focused on how PDBs can influence the global financial system to better protect the planet and societies. Key discussions centered on strengthening commitments to the Paris Agreement goals, mobilizing climate finance, and addressing social issues in the context of COVID-19. The report highlights the International Development Finance Club's (IDFC) efforts to operationalise Paris alignment through tools, a Climate Facility, and strategic partnerships, underscoring the collective engagement of PDBs in sustainable development.

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