📢 Highlights from our G20/FiCS Joint event!
We are happy to share the key highlights of our G20/FiCS Joint event, which brought together approximately 400 participants and featured 9 impactful workshops.
This event was co organized with
@BNDES,
@MinFazenda and
@climaesociedade on May 20/21 in Rio de Janeiro
Our achievements ⬇
📚 Workshops Focus:
👉 Global Financial Architecture and Country Platforms
👉 Concessional and Innovative Financial Solutions for Biodiversity and Climate
👉 Increasing Blended Finance and Private Capital Mobilization for Resilient Infrastructure
👉 Scaling Local and Subnational Finance
📝 Major Announcements in the Chair Summary:
➡ Launch of the FiCS Financial Innovation Lab, which is now operational
@climatepolicy @the_IDB
🔗
shorturl.at/EGXQL
➡ Support for the concept of a potential Green Cities Guarantee Fund.
➡ Explicit integration of sustainability goals in PDB mandates.
➡ Streamlining access to climate funds and supporting PDBs in meeting accreditation requirements to unleash existing funds for impactful projects.
➡ Collaboration between FiCS,
@IDFC_Network, and TCX to develop a capacity-building program for the 2024 Annual Summit, including a USD 500m concessional hedging program to reduce currency risk for PDBs.
➡ Interest from
@DBSA_Bank to renew the initiative in 2025 under South Africa's G20 presidency.
🔗To read the chair summary:
shorturl.at/xhZBE
At margins,
@RiouxRemy , Chairman FiCS and
@AdamaMko, Secretary General FiCS held a series of bilateral meetings, including with Nelson Barbosa, Director
@bndes, Tatiana Rosito and Ivan Oliveira,
@MinFazenda of Brazil, Joao Kleinubig , CEO, BRDE, Celso Pansera, President of ABDE
🔗 Links:
Website news:
shorturl.at/xhZBE
🙌 Thank you to everyone who contributed to making this event a success! We look forward to continuing our collaborative efforts towards a sustainable future.
#SustainableFinance #ClimateAction #FinancialInnovation #PDBs #G20Brazil @g20org