reporter
Name Affiliation Title Kyosuke Inada Special Advisor for Sustainability Promotion, JICA
summary
Date: November 13, 2025
Organized by International Development Finance Club (IDFC)
Name of venue (pavilion name)：IDFC Pavilion
speaker
Name Affiliation Title Tatiana Rosito Undersecretary for International Affairs, Brazilian Ministry of Finance Remy Liu President, French Development Agency (AFD) Nelson Enrique Balboa Filo Director, Strategy and Business Structure, National Bank for Social and Economic Development (BNDES) Jay Collins Vice Chairman, Citibank Jorgen Kelm (KFW) Chief Sustainability Officer Kyosuke Inada Special Advisor for Sustainability Promotion, JICA
Background and Objectives
∙ The event aimed to re-enforce IDFC’s leadership in the international climate finance framework. It also aimed to provide strategic input into relevant international negotiations.
It focused on specific partnerships among public development banks, MDBs, climate funds, and the private sector to mobilize $1.3 trillion in climate finance by 2035.
Contents
Mr. Rosito, Undersecretary of the Brazilian Ministry of Finance, stated that the $1.3 trillion roadmap for climate finance announced at COP30 emphasizes the importance of private finance, but the role of public development banks as catalysts is important. He then stated that he would like to go beyond the traditional matchmaking between international finance and the needs of the project side to realize PPPs in the country platforms of emerging and developing countries where the projects are implemented.
President Liu of AFD stated that the IDFC statement presented at COP30 stated that the IDFC is committed to increasing climate finance, and would like to aim for innovative finance through innovations such as mobilizing private capital and expanding guarantees.
BNDES Director Filo emphasized the importance of preparatory work in implementing climate finance, using projects in the Amazon region as an example.
Mr. Collins of Citi Bank, as a private financial institution, focused on the function of country platforms in emerging and developing countries, emphasizing the need to strengthen collaboration at the sector level in the hard-to-abate sectors (steel, cement, etc.), where GHG emissions are high but reductions are not easily achieved. He emphasized the need to strengthen collaboration at the sectoral level in hard-to-abate sectors (steel, cement, etc.), where GHG emissions are high but reductions are not easy.
Director KfW Kelm said that while he would like to implement activities with an awareness of leverage to mobilize private finance through innovation and other means, taking into account the international situation, it is important to collaborate among IDFC members, as was the case with the loan agreement signed with BNDES at COP30.
Special Advisor Inada shared JICA’s strengthening of climate and nature conservation finance over the past year, including (1) expansion of private and innovative finance (including revision of JICA law, establishment of private fund mobilization operations, and expansion of GCF certification status), (2) full-scale introduction of biodiversity mainstreaming (including development of JICA Biodiversity Finance Impact Tool (Biodiversity FIT)), and (3) loans to IDFC member institutions (DBSA in Southern Africa, BOAD in West Africa, BNDES in Brazil). ), and (3) loans to IDFC member agencies (DBSA in Southern Africa, BOAD in West Africa, and BNDES in Brazil), and shared JICA’s strengthening of climate and nature conservation finance over the past year.
Group photo of speakers
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