Coalition for Sustainable Development through Sport reposted this
#SPORT 🤝 We are glad to announce that the role of #Sport as a leverage for sustainable development and inclusive growth has been officially endorsed by the G7 Ministers of Development through the “Final Communiqué” and the “Pescara Declaration on Sustainable Investment in the Sport Ecosystem. 👉 As recalled by the Final Communiqué, the G7 “emphasize the positive role that sport and the sport ecosystem can play to realise the SDGs […] and welcome the engagement of an increasing number of public development banks and other relevant financing stakeholders to mobilise quality investments to foster sport as an enabler of a wide range of SDGs”. 📣 We want to highlight the crucial role played by the @FiCS Coalition on Sustainable Development through Sport, which has been included in the work of the Ad-hoc Expert Group on #Sport and #SustainableDevelopment, promoted for the first time by the Italian Presidency of the G7 within the work of the Partnership for Global Infrastructure Investment (PGII). ➡ Under the leadership of Istituto per il Credito Sportivo, AFD - Agence Française de Développement and the Japan International Cooperation Agency (JICA), and thanks to the technical support of International Olympic Committee – IOC, OECD-OCDE and UNESCO, the FiCS Sport Coalition supported the G7 Expert Group in the promotion of a common vision and concrete actions to foster sustainable investments in the sport dimensions, under a political, technical and financial lens. ➡ On the last one, the FiCS Coalition will have a primary role in developing the first Global Sport Impact Fund, an innovative and flexible financial instrument, launched on the eve of the Paris Olympic and Paralympic Games through the Summit on Sport for Sustainable Development, aimed to support transformative projects in this sector. Stay tuned for future updates on this incredible journey ➡ Next stop to Finance in Common Summit 2025 🔗 Find the full text of Final Communiqué and the Pescara Declaration https://lnkd.in/eSbJkGcE Antonella Baldino, Rémy Rioux, Katia Mascagni, Gabriela Ramos, Federico Bonaglia, Ollie Dudfield, Philipp Müller-Wirth, Ekaterina Travkina, Martha Bloom, Andrea Benassi, Susumu Katsumata, Sho Sato, Patrick Jannaschk-Schmitz, Gianluca Calvosa, Matthieu Valot, Karim Aboubacar, Nelson CAMARA, Adama MARIKO, Alessandro Mancini, Sport Impact, OpenEconomics, Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH Istituto per il Credito Sportivo - Banque Ouest Africaine de Développement, Bancoldex, Development Bank of Rwanda (BRD) PLC, CAF -banco de desarrollo de América Latina y el Caribe-, CDC France, Groupe CDG, CDP Cassa Depositi e Prestiti, Development Bank of Southern Africa (DBSA), Laureus Foundation, IPC, ADFIMI, ALIDE, Christophe DIAS