Our overarching objective is to scale up private investment for sustainable development in developing countries. To achieve this, we have identified five action areas critical to unlocking private capital at scale and channeling it toward SDG-aligned sectors, projects and initiatives where it is needed most. To be effective, these action areas will need to be complemented by broader efforts to set in place an enabling business environment, including an effective legal and regulatory framework and a favorable macroeconomic and trade setting.
Civil Society Declaration Finance In Common Summit (FiCS) | Fostering Infrastructure And Finance For Just and Sustainable Growth
The confluence of rising inequality, debt crises, and the escalating climate emergency demands that Public Development Banks (PDBs) demonstrate genuine leadership in driving just, sustainable development. At this critical juncture, PDBs must move beyond rhetoric and commit to concrete, transformative actions, placing human rights, community leadership, and environmental sustainability at the core of all financing decisions. Civil Society Organisations (CSOs) call on PDBs to embrace this responsibility and champion a new era of development finance.