More Development Banks Rally Around the Common Ambition to Accelerate the Realization of Gender Equality and the Empowerment of All Women and Girls
The FiCS Gender Coalition is pleased to announce that they have increased the number of total signatories to the Paris Development Banks Statement on Gender Equality and Women’s Empowerment to 44 institutions. The new signatories are: Banque Ouest Africaine de Développement (BOAD) Small Industries Development Bank of India (SIDBI) Among the goals of the Statement, […]
PLENARY 5 (DAY 3) Public institutions and development banks seek to deepen actions for the fulfillment of Human Rights and the 2030 Agenda Cartagena (Colombia), September 6, 2023. Representatives from international organizations (such as the United Nations) and NGOs made a new call from Cartagena for public development banks to search for tools to implement […]
2023 Finance in Common Summit The fourth edition of the Finance in Common Summit (1) took place from 4 to 6 September in Cartagena de las Indias, Colombia, for the first time in Latin America and the Caribbean. All participants warmly thanked the Colombian authorities for hosting this event, honored by the presence of H.E. […]
IDB-UN Women report: Despite progress, challenges remain to offer financing programs for women and their businesses September 6, 2023 CARTAGENA, Colombia – While public development banks (PDBs) today provide a variety of programs to improve credit access for women, investments that go beyond financial capital are needed to address the unique needs of women and […]
The Global Green Bond Initiative is reinforced thanks to a new strategic partnership to foster green capital markets
In the presence of the European Commission, the coalition of development finance institutions and multilateral organizations of the Global Green Bond Initiative (the European Investment Bank (EIB), the European Bank for Reconstruction and Development (EBRD), Italy’s Cassa Depositi e Prestiti, the Spanish Agency for International Development Cooperation (AECID), Germany’s KfW development bank, PROPARCO of the […]
During the fourth edition of the Common Finance Summit, actors from public development banks, private banking, and international organizations called for collective action to align global financial flows with the 2030 Agenda.
European Investment Bank and AllianzGI announce $77.5 million for Brazilian climate action projects with Vinci Climate Change Fund
On the occasion of the Finance in Common Summit, the European Investment Bank (EIB) today announced a $52.5 million commitment to Vinci Climate Change Fund, an equity investment fund with a target size of $400 million managed by Vinci Infraestrutura Gestora de Recursos Ltda. On top of this, the Emerging Market Climate Action Fund (EMCAF), a fund-of-funds […]
PLENARY 3 (DAY 2) Urgent Natural Solutions Against Climate Change Cartagena (Colombia), September 5, 2023. In addition to strengthening an appropriate coordination of resources and efforts of the world’s public development banks and private banking to address priorities such as poverty and hunger, building strategies for the protection of ecosystems that can contribute to global […]
Bancóldex, Colombia’s development bank, and the Agence Française de Développement (AFD), signed a memorandum of understanding (MoU) today at the World Summit of Development Banks (FiCS 2023) in Cartagena, Colombia.
Public development banks recognize the transformative power of small and medium-sized enterprises (SMEs) in the communities of dozens of countries, particularly those in Latin America and the Caribbean.