Finance in Common Summit: Breakout Session 'Financing for Development: How Can Public Development Banks Work as a Coherent System?

Sosso Feindouno presented the results of his paper "Do Multilaterals Allocate Their Concessional Resources According to Countries’ Vulnerability as Well as Their Income?" Comparison with Bilaterals Through a New Measure of Selectivity" co-authored with Patrick Guillaumont.

This paper examines how Multilateral Development Banks (MDBs) allocate their concessional resources based on the structural vulnerability of the recipient countries. The study proposes an analysis method based on the Multidimensional Vulnerability Index (MVI) adopted by the UN to assess the selectivity of aid according to vulnerability, and suggests possible methodological improvements, particularly related to the monitoring of Total Official Support for Sustainable Development (TOSSD).

↪ The FiCS, launched in 2020 during the Paris Peace Forum, aims to strengthen the role of Public Development Banks (PDBs) in the global financial system. This Summit promotes collaboration between PDBs and other financial and non-financial actors to ensure no one is left behind, while aligning all financial flows with the Paris Agreement, the Global Framework for Biodiversity, and the Sustainable Development Goals (SDGs).

↪ The FiCS brings together 530 members worldwide, including multilateral and regional banks, and benefits from the support of international organizations and researchers to guide the role of PDBs as key actors in the SDGs and drivers of change.