Maximising the impact of Public Development Banks in financing the transition – challenges & opportunities
Conferences Webinars - By : Sarah BENDAHOU / Blandine ARVISThe 5th Finance in Common Summit (FiCS) in Cape Town was the opportunity once more to to discuss how public development banks can align all their activities with the Sustainable Development Goals, the Paris Agreement, and the Global Biodiversity Framework. Though the central role of public development banks in driving the sustainability agenda is acknowledged by most governments and public development banks, challenges subsist in translating this potential into transformational action. Two well-identified barriers are a lack of clear investment opportunities in some markets and sectors (especially nature and biodiversity) and the absence of sufficiently developed impact indicators.
In this breakout session, we explored how the impact of public development banks on low-emission and resilient development is currently being assessed. Looking ahead, we will identify some opportunities for public development banks to maximise this impact and increasingly contribute to a deep transformation of the real economy.
Date: 26 February 2025
Time: 14:00-15:30 (GMT+2) // 13:00-14:30 (CET)
Format: in person and online (livestream: Finance in Common Summit)
Location: Cape Town International Convention Centre, Hall 2
Partners: FiCS GRN and World Resources Institute (WRI)
Moderator: Valerie Laxton, Senior Associate, World Resources Institute
Moderator: Valerie Laxton, Senior Associate, World Resources Institute
Panellists:
- Isabelle Bébéar, Head of International and European Affairs, Bpifrance
- Barbara Marchitto, Head of Country and Financial Sector, EIB
- Jonas David, Research officer, AFII
- Nicole Pinko, Senior Program Associate, CPI
- Shaji Krishnan V, Chairman, NABARD
- Arora Akansha, Director of Strategic Affairs (Multilateral Development Banks), International Sustainability Standards Board, IFRS Foundation
- Romy Calderon, Chief Economist, ALIDE
- Jenifer Zungu, Project Lead, SANBI
Agenda
Opening remarks
Panel 1: How effective are PDBs at delivering on sustainability goals?
- Measuring environmental and social outcomes in funding directed at SMEs: methods and challenges based on Unlocking the Decarbonization of SMEs – How Public Development Banks are Supporting SMEs and Measuring the Success of Their Solutions
- How are public development banks in LAC supporting the climate transition? based on Climate financing in Latin America and the Caribbean: How are public development banks supporting the climate transition?
Discussion
Panel 2: Where are the opportunities for transformational impact of PDBs in favour of climate and nature?
- Reducing the cost of capital for NDBs through contingent, resilience linked bonds based on Mobilizing funding for NDBs/RDBs through sustainability-linked, credit-enhanced bond structures
- Debt-for-nature swaps, an innovative tool to scale investments for nature based on Leveraging Public Development Banks in Scaling Debt for Nature/climate Swaps
Discussion
Closing remarks
More informations about the FiCS
