On September 5th, the Brazilian Center for International Relations (CEBRI), Institute for Climate and Society (iCS), WINGS, and other partner institutions will present a White Paper and a workshop on the collaboration between philanthropy and Public Development Banks at the Finance In Common Summit, which will be taking place in Cartagena, Colombia.

The workshop “Public Banks and Philanthropies in Blended Finance: Unlocking Green Investments“ focuses on the opportunities and challenges for using blended finance mechanisms that combine private, philanthropic and public capital to invest in green growth and climate action in the short, medium and long terms. A proposed Road Map promotes collaboration between Public Development Banks and Philanthropy, especially in the Global South.

CEBRI's Environment and Climate Change Program senior fellows Sergio Gusmão Suchodolski and Maria Netto are the principal authors of the paper, with contributions by WINGS worldwide philanthropy network leaders Javier Moritán of Group of Foundations and Companies (GDFE), Juan Lozano of Innpactia, Renata Piazzon of Instituto Arapyau, and Maria Carolina Suarez Visbal of Latimpacto.

Finance in Common is the global network of all Public Development Banks, which aims to align financial flows on the 2030 Agenda and Paris Agreement for Climate Change. The 2023 edition of the Finance in Common Summit, from September 4th to 6th in Cartagena Colombia, will gather hundreds of Public Development Banks’ representatives from around the world and their main players in sustainable financing to showcase their crucial role in making finance more inclusive and more sustainable.

Read full paper HERE and discover how Public Development Banks and the philanthropy sector can join forces to mobilize resources and drive sustainable development. From green investments to SDGs, this paper unveils a roadmap for impactful collaboration.