ELTI President Laurent Zylberberg spoke at the Finance in Common Summit on 11 November 2020. Taking place between 9-12 November 2020, the Finance in Common Summit stressed the crucial role of Public Development Banks (PDBs) in reconciling short-term countercyclical responses with sustainable recovery measures that will have a long-term impact on the planet and societies.
By reconciling the entire finance community in support of common action for climate and the UN Sustainable Development Goals, the Finance in Common Summit will be a key milestone on the way to the crucial events of 2021, notably the COP26, the COP15 and the Generation Equality Forum.
This Summit is a first opportunity to gather the world’s 450 PDBs and discuss their role, their ambition, their challenges and opportunities. The Finance in Common Summit will also bring together the financial community at large, to design a financial system whereby Public Development banks would have the ability to reorient and leverage all financial flows in the direction of climate and the SDGs.