This short brief was co-drafted by the Women’s Environment and Development Organization (WEDO), Women Engage for a Common Future (WECF), Heinrich Böll Stiftung Washington D.C., and Equidad de Genero: Ciudadania, Trabajo y Familia.

The brief outlines information about the Finance in Common (FiC) Summit, organized by the French Development Agency (Agence française de développement or AFD), with the support of the UN Secretary General, French President Emmanuel Macron, and the COP26 Presidency. The FiC is the first global development bank summit, and will gather 450 public development banks (including multilateral development banks, regional and national development banks and export credit agencies).

This is a long-overdue moment for deep scrutiny towards the ways in which international financing instruments and public development banks are failing to meet the commitments of the Paris Agreement and other frameworks, such as the UN Sustainable Development Goals, that require economic and financial system reforms to achieve equality.