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The 14th AFD International Research Conference on Development has started with three Academic Days that took place from 3 to 5 November 2020. This online workshop was dedicated to researchers and experts from academia, think tanks and international organizations. These Academic Days were coorganized by the Institute of New Structural Economics (INSE) at Peking University and the Agence française de développement (AFD). The researchers involved in the International Research Initiative on Public Development Banks (PDBs) working groups and pilot research program have presented their findings. This network of thematically-focused open working groups, involving 28 researchers from 20 institutions across the globe, was launched by the Institute of New Structural Economics (INSE) at Peking University, and sponsored by the Agence française de développement (AFD), Ford Foundation, and the International Development Finance Club (IDFC). In total 15 research papers have already been discussed, covering the five key challenges exposed by the research program: The characterization of SDG-compatible investments; Business models; Governance; The financial regulation of PDBs; The global development finance architecture. During this first session, the following research papers have been presented and discussed : Scaling up Public Development Banks’ Transformative Alignment with the 2030 Agenda for Sustainable Development, by Maria Alejandra Riaño (Institute for Sustainable Development and International Relations, IDDRI); Jihane Boutaybi (IDDRI); Damien Barchiche (IDDRI); Sébastien Treyer (IDDRI); Piloting and Scaling Up Clean Energy Transitions: The Role of Development Financial Institutions, by Samantha Attridge (ODI); Jiajun Xu (Institute of New Structural Economics, Peking University, INSE); Kevin Gallagher (Boston University); Climate Change and Development Bank Project Cycles, by Harvey Himberg (Green Climate Fund); Kevin Gallagher (Boston University); Jiajun Xu (INSE); Financial Regulation of National Development Banks - NDBs, by Ricardo Gottschalk (United Nations Conference on Trade and Development); Lavinia Barros (The Brazilian Development Bank, BNDES); Jiajun Xu (INSE); Carbon Policies and Climate Financial Regulation, by Ulrich Hege (Toulouse School of Economics, TSE); Frédéric Cherbonnier (TSE). For more information and for downloading the research papers: www.afd.fr/en/actualites/agenda/visible-hand-development-banks-transition