Scaling Up Sustainable Development Financing: A Coherent Public Development Banks System

July 02, 2025, Séville

Bruno Cabrillac will participate in this side event during the 4th United Nations International Conference on Financing for Development (FFD4).

 Date: July 2, 2025
Time: 10:30 AM – 12:00 PM
Location: FIBES Sevilla Exhibition and Conference Centre, Room 17
Format: In-person
Organizers: FiCS & the South African Presidency of G20

Objectives of the session

In a context of urgency and rising challenges, the Fourth International Conference on Financing for Development (FfD4) calls for concrete solutions to scale up sustainable development financing. While Public Development Banks (PDBs) from multilateral to national and local levels— play a critical role together with Vertical Climate and Environment Funds (VCEFs) in driving sustainable development, this side-event will explore the opportunities to design a more coherent system that fosters synergies and enhances impact among these institutions.

Based on the work carried on by Finance in Common (FiCS) to serve the Finance Track of the G20 South African Presidency of G20, this event will present the recommendations from the June 2025 draft report jointly developed by FiCS with the Climate Policy Initiative (CPI) and the African Development Bank (AfDB), with support from the International Development Finance Club (IDFC) for enhanced interoperability of the development finance system.

This research will inform Priority 1 of the G20 Sustainable Finance Working Group (SFWG). Through examples of successful collaborations, the report will propose recommendations to further PDBs integration and design a more inclusive development finance system, including greater co-financing.

Bruno Cabrillac will present the main findings of the research on Multilateral Development Banks (MDBs) and National Development Banks (NDBs), before handing over to a panel discussion on the challenges of interoperability between multilateral, national, commercial banks, and vertical funds.