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    Finance in Common (FiC) is a summit gathering the world’s Public Development Banks (PDBs) during the 3rd Paris Peace Forum, which took place under the high patronage of Emmanuel Macron, President of the French Republic, and with the participation of UN Secretary-General António Guterres.

    Hosted by Agence Française de Développement, FiC was the first ever event to convene 450 PDBs and their partners. It examined the crucial role of PDBs in building a more resilient and sustainable world, both during the COVID-19 crisis and in the long-term. The summit also aimed to foster cooperation and reconcile the finance community in support of common action for climate and the Sustainable Development Goals (SDGs).

    The first deliverable of the Finance in Common Summit was a joint declaration of all Public Development Banks stating their willingness to contribute to the recovery and align with sustainable finance principles.

    As a key player in international development, the European Investment Bank (EIB) was represented at the summit by President Werner Hoyer and Vice-President Ambroise Fayolle.

    Due to this year’s exceptional circumstances, all events were held virtually. Check out the full agenda of events.

    Our key events

    • Online satellite event of the Finance in Common Summit – watch the livestream here.
    • Find out more in the press release.
    • High-level event 1 led by European Development Finance Institutions (EDFI)
    • Speakers will present financing solutions to challenges faced by the private sector in Africa, especially SMEs, in the current crisis. Panellists will present and discuss roadmaps and concrete actions taken by public and private financial institutions in delivering efficient and accurate financing solutions. They will exchange on their role in supporting the viability of existing companies impacted by the pandemic, in a responsible and sustainable way.
    • EIB President Hoyer will participate in a DEVCO side communication event on the successful completion of the implementation of the European Fund for Sustainable Development (EFSD). Watch the video.
    • High-level event 4 led by the European Investment Bank (EIB)
    • The event will address the goals of the Paris Agreement, establishing vital links to the environmental crisis and the need for a green recovery that is socially inclusive.
    • Speakers include EIB Vice-President Ambroise Fayolle. For more information on participants, check out the event programme
    • High-level panel 2
    • How can public development banks contribute to aligning all financial flows to the Paris Agreement and the SDGs? What is the best way to leverage each actor’s expertise? How should public and private sector efforts be coordinated? President Hoyer will speak on this panel.
    • High-level event 7 led by Turkiye Sinai Kalkinma Bankasi (TSKB)
    • The panel will address the role and impact of development banks in the achievement of gender equality described in SDG5 and in the promotion of inclusive and sustainable finance for gender responsive policies. A presentation of a field study on gender equality within IDFC will illustrate this commitment, as well as concrete examples of the financing of gender and climate justice.
    • Read the Paris Development Banks statement on Gender Equality and Women’s Empowerment

    Dive into our activities

     

    COVID-19 response
    We support the healthcare sector, medical research and small businesses impacted by the pandemic.

     

    Climate
    The EIB is the EU's climate bank. We make sure to consider climate in everything we do.

     

    Development
    We help developing countries find solutions to promote sustainable growth, reduce poverty and improve lives.

     

    Gender equality
    Institutions across the globe, including the EIB, have pledged to integrate gender equality into every aspect of their operations.

    Press contacts

    Anne-Cécile Auguin
    a.auguin@eib.org
    +352 4379 - 83330
    +352 621361948

    Anne-Laure Gaffuri
    a.gaffuri@eib.org
    +352 4379 - 83689
    +352 691284679

    Shirin Wheeler
    s.wheeler@eib.org
    +352 437 984 258
    +44 7827 445 611

    EIB Press Office
    press@eib.org
    www.eib.org/press
    +352 4379-21000