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, […]
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 […]
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 […]
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.
Several public development banks gathered this week at the Finance in Common Summit in Cartagena, Colombia, committed to working together on a Blue Finance Roadmap to take rapid action on ocean protection and sustainable use. Updates on this roadmap’s progress will be presented at the forthcoming United Nations Ocean Conference in France in 2025. Titled […]
New IDB Study Highlights Role of Public Development Banks in Mobilizing Private Capital towards Infrastructure Projects
National Development Banks (NDBs) are among the key institutions responsible for long-term financing of infrastructure projects in Latin America and the Caribbean
The UN’s agricultural development fund chief urges Public Development Banks to direct funding to fight hunger, poverty and climate change
Public development banks must ensure that their significant financial resources better serve the fight against hunger, poverty and climate change
Bogotá, August 9, 2023. The Development Bank of Latin America and the Caribbean (CAF), the Spanish Agency for International Development Cooperation, the Italian public development bank Cassa Depositi e Prestiti, and the Caribbean Development Bank are also joining as partners to bolster efforts and expected financing commitments to achieve the Paris Agreement and Agenda 2030.
Bogota, D.C., February 15, 2023. Bancóldex, Colombia’s business development bank, will host, together with the Inter-American Development Bank (IDB), and the Latin American Association of Financial Institutions for Development (ALIDE), the fourth edition of the Finance in Common Summit (FICS), the global network of public development banks.
SMEs, financial inclusion, sustainable infrastructure, climate change, and biodiversity will be on the agenda at the World Summit of Public Development Banks in Cartagena
June 30, 2023 The conclusions of the “New Global Financing Pact” Summit, held in Paris, France, on June 22-23, 2023, in the presence of HOS President Gustavo Petro, will directly feed into the World Summit of Public Development Banks (FiCS 2023), which will take place in Cartagena, Colombia, from September 4-6, 2023.