Why Finance in Common?
ln the context of the Covid-19 pandemic and subsequent global socio-economic crisis, the Finance in Common Summit will stress the crucial role of Public Development Banks in reconciling short-term counter-cyclical responses to the crisis with sustainable recovery measures that will have a long-term impact on the planet and societies. Gathering Public Development Banks from around the world, the Finance in Common Summit is an opportunity to:
- build a new coalition of actors and launch a collective dynamic aimed at fostering the emergence of a global response to global challenges; and
- demonstrate the potential of Public Development Banks in linking short-term needs with long-term transformations and in redirecting financial flows towards sustainable development objectives.
Find the entire press release here.
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