Global Financing Playbook: Fostering Collaboration Across Finance and Development Institutions

The Global Financing Playbook is a multi-stakeholder initiative that was developed by UNDP, the Asian Infrastructure Investment Bank (AIIB), and the International Development Finance Club (IDFC) in partnership with a wide range of partners. It provides a practical framework to overcome investment barriers, strengthen cooperation across public and private finance actors, and unlock resources aligned with developing countries’ priorities. The Playbook highlights tools and initiatives, including Integrated National Financing Frameworks (INFFs), that help identify financing needs, structure reforms, and align resources with national development objectives.

This initiative is being developed in close collaboration with partners worldwide, including governments of developing countries, Multilateral and Public Development Banks (PDBs), Regional and Sub-regional Development Banks (RDBs), Development Finance Institutions (DFIs), International Financial Institutions (IFIs), and philanthropic organizations. It complements the outcomes of the Fourth International Conference on Financing for Development (FfD4) by translating political commitments into concrete actions through the tools and initiatives provided by Playbook partners. 

The Global Financing Playbook is significant in today’s challenging global context, where countries face rising debt burdens, geopolitical tensions, and escalating climate risks. With more than $4 trillion needed annually for the SDGs and nearly $6 trillion by 2030  to implement countries’ Nationally Determined Contributions (NDCs). The Playbook addresses these challenges by fostering collaboration between public and private actors, helping countries move from political commitments to implementation.

At the heart of the playbook is the country-led financing, anchored in strategies such as National Development Plans (NDPs), NDCs, and National Biodiversity Strategies and Action Plans (NBSAPs). To translate these priorities into action, countries need nationally owned financing frameworks and mechanisms to clearly mobilize resources and align investments with credible policy objectives.

Country platforms (CPs) play a central role in driving coherent and country-led financing strategies. These government-led coordination mechanisms, often embedded within national institutions and supported by national development banks, bring together public and private stakeholders around a shared vision. A key tool for operationalizing these platforms is the Integrated National Financing Framework (INFF). IINFFs help countries identify financing gaps and opportunities, structure policy reforms, and align domestic and international financial flows with national priorities, ensuring that investments effectively support sustainable development and climate goals.

The Global Financing Playbook is structured around four reinforcing pillars: 

1. Policy De-risking: Strengthening regulatory frameworks, aligning policies, and expanding risk mitigation tools to create a predictable and investable environment that encourages long-term development and climate-focused financing
2. Pipeline Development: Improving the generation, preparation, and prioritization of projects to ensure they are investment-ready, aligned with the SDGs, and capable of attracting both public and private financing.
3. Financial De-risking: Unlocking private capital through blended finance mechanisms and other strategies to lower investment risks and channel funds toward high-impact opportunities. 
4. Embedding Impact: Integrating measurable social, environmental, and economic outcomes into business and investment decisions to maximize the social, environmental, and economic benefits of financed projects.

A wider group of partners have expressed interest or are in ongoing discussions, including the European Bank for Reconstruction and Development (EBRD), the Council of Europe Development Bank (CEB), the Islamic Development Bank (IsDB), the United Nations Department of Economic and Social Affairs (UN DESA), the Inter-American Development Bank (IDB), the Glasgow Financial Alliance for Net Zero (GFANZ), the Green Climate Fund (GCF), the Asian Development Bank (ADB), the Brazilian Development Bank (BNDES), the Development Bank of Southern Africa (DBSA), the African Development Bank (AfDB), the New Development Bank (NDB), the Children’s Investment Fund Foundation (CIFF), Sharing Strategies, and HSBC Holdings plc.