The world’s multilateral development banks plus the IMF today launch a shared blog platform aimed at provoking debate about and enhancing understanding of sustainable development.
Fin4Dev will focus on the way institutions such as the EBRD are already involved in raising finance for development but also on how we can do more – by working in more innovative ways with new and existing partners
“Our institutions play a unique role in the financing for development process, but we can go further with partners and through innovation,” the new blog’s first post says. “We want to explain what that entails and get more people and more organisations to join us.”
“Fin4Dev will share stories of success (and sometimes failure), and engage with dynamic actors who all have vital roles to play — from project managers to policymakers, from private sector investors to activists.
Fin4Dev is being launched at an important moment in the story of global support for sustainable development, a time when the world is looking for new funding models and ways of scaling up financing.
The Third International Conference on Financing for Development opens in Addis Ababa in only a few days’ time. A UN summit on the post-2015 development agenda meets in New York in September and COP21, the United Nations Conference on Climate Change, in Paris in December.
Fin4Dev will pool content from the African Development Bank, the Asian Development Bank, the EBRD, the European Investment Bank, the International Monetary Fund, the Inter-American Development Bank, and the World Bank Group.
It will also complement the UN-sponsored FFD3 blog that has been running since May.
Fin4Dev will be looking at the new Sustainable Development Goals and the shift from ‘billions to trillions’ as well as a host of other issues affecting our future.
But the best way to find out what Fin4Dev is about is not to rely on second-hand accounts – but to read its posts.
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