Professor Phoebe Koundouri took part in the “Fraternal Economy of Integral and Sustainable Development” workshop series, in the Private Capital and Public Purpose session held on October 26-27, 2023, at the Pontifical Academy of Social Sciences.
The Fraternal Economy meeting on October 26-27 complemented the June meeting by focusing on the role of private, philanthropic, and mixed public-private financial capital in achieving a Fraternal and Sustainable Economy. In addition to the core group, participants included senior representatives from international banks, pension funds, asset managers, credit rating agencies (such as Moody’s), ESG leaders, UN specialists, and officials involved in the G20 process.
The main objective was to discuss scaling up responsible private-sector financing to support the SDGs and climate action in low-income and lower-middle-income countries. Learn more