PUBLIC DEVELOPMENT BANKS – ARTS, CULTURE AND SUSTAINABLE DEVELOPMENT WHY? WHAT? AND HOW?
This 2025 study highlights how Public Development Banks (PDBs) can leverage arts and culture to drive sustainable development. It maps global initiatives supporting creative industries, heritage preservation, and cultural access. Emphasizing both economic and social impacts, the report calls for more institutionalized cultural support within PDBs, promoting financial innovation, cross-sector collaboration, and integration of culture into broader development strategies.
Aligning Development Finance with Nature’s Needs: The role of government shareholders of development banks
Public Development Bank (PDB) encompasses a range of institutions with government shareholding, including multilateral, bilateral, national, and sub-national development banks. These banks have public policy-oriented mandates (as opposed to commercial mandates), and deploy financial instruments such as loans, equity, or guarantees (as distinguished from grant-making agencies). They exist to enable sustainable economic development, but some of their investments also put nature at risk.
Aligning Development Finance with Nature’s Needs: Estimating the nature-related risks of development bank investments
This paper is an updated and expanded version of the one released in November 2020 ahead of the inaugural Finance in Common Summit. It aims at demonstrating that Public Development Banks (PDBs) can and should perform a stress test of the nature-related risks and impacts on their balance sheets nowadays.