ADFIAP joins Finance in Common Summit, welcomes delegates

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On the invitation of Finance in Common Initiative, ADFIAP, represented by its Secretary-General, Mr. Enrique Florencio participated virtually and gave a short message to the delegates attending the second edition of The Finance in Common Summit held in Rome, Italy, on October 19-20, 2021.

Mr. Florencio reaffirms the support of ADFIAP members on the contribution of Public Development Banks (PDBs) in the development of agriculture, agribusiness, and the global financial architecture for sustainable development.

“The First Edition of the summit declared the willingness of Public Development Banks to contribute actively to climate recovery by incorporating the goals of the Paris Agreement, Convention on Biological Diversity, and the 2030 Agenda into their business strategy, operations and processes. It is in this context that the “Greening of DFIs”, advocacy started by the Association 20-years ago, leads our members to commit towards sustainable development, financing projects that are economically viable, environmentally friendly, socially responsible under the ambit of good governance,” according to Mr. Florencio.

He added, that “the Public Development Banks are uniquely positioned to play a leading role in the sustainable transformation through our shared responsibility in doubling our efforts to recover from economic, social crisis, and to get on track in achieving the Sustainable Development Goals (SDG) in building a sustainable, inclusive and resilient future.”

ADFIAP applauded the delegates and organizers of this summit, namely, Cassa Depositi e Prestiti (CDP), the Italian National Promotional Institution and Financial Institution for Development Cooperation, International Fund for Agricultural Development (IFAD), and all the members of the Finance in Common Coalition.

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