Centre for Finance and Development

The CFD is the Graduate Institute's centre of excellence for research on finance and development.



The Centre for Finance and Development (CFD) serves as a leading international and interdisciplinary exchange platform in finance and development-related topics. These cover access to financial markets in developing countries, alternative sources of funding (microfinance or micro-insurance), international assistance, sustainable development, philanthropy and impact investing.

The Centre aims at strengthening the dialogue and cooperation among academics, international organisations, NGOs, diplomatic missions, financial institutions and the private sector.

CFD also helps to build a new generation of professionals able to navigate between private and public development finance by providing expertise and support to the Graduate Institute’s students and researchers specialising in finance and development, and by offering Executive Education courses to the public and private sectors.

The Centre was created thanks to a generous grant from the Pictet Foundation for Development, which finances three Chairs in Finance and Development currently allocated to Professors Ugo Panizza, Yi Huang and Lore Vandewalle.




    • Master programme courses
    • Doctoral courses and research seminars
    • Courses taught by Institute’s alumni with senior positions in international financial institutions
    • Executive Education Certificate of advanced studies (CAS) in SDG investing

    Research and Publications

    • Books and articles in leading academic journals
    • Policy briefs
    • CFD Research Paper Series
    • Op-eds and media presence


    • International conferences
    • Series on the Future of Development Finance (in cooperation with the World Bank)
    • High-level public lectures
    • Forum for international financial institutions’ annual reports
    • Technical workshops

    …and more

    • Visiting fellows programme
    • Coordination of internships for Institute’s students
    • Academic and career support for Institute’s students
    • Logistic support for faculty and students seeking external funding sources

    Latest news

    Upcoming events

    Associated Programme

    Bilateral Assistance and Capacity Building for Central Banks (BCC)

    The BCC programme is jointly funded by the Swiss State Secretariat for Economic Affairs (SECO) and the Graduate Institute, with the purpose of supporting partner central banks in emerging and developing countries.

    Contact us


    Mailing Address

    Centre for Finance and Development
    Maison de la paix
    Chemin Eugène-Rigot 2A
    Petal 2, 8th floor
    Case Postale 1672
    CH-1211 Genève 1

    Email: cfd@graduateinstitute.ch


    The Maison de la paix is located at Chemin Eugène-Rigot 2A, on the corner of Avenue de France. You may take tram 15 until stop Maison de la paix or, alternatively, it is a few minutes’ walk from Place des Nations.

    Advisory Board






    Rajna Gibson

    Professor of Finance and Director of the Geneva Finance Research Institute (GFRI) of the University of Geneva






    Ricardo Hausmann

    Director of the Center for International Development and Professor of the Practice of Economic Development, Harvard University (Chair)





    Pascal Lamy

    President Emeritus, Jacques Delors Institute and Former Director-General, World Trade Organisation (WTO)





    Ivan Pictet 

    President, Fondation pour Genève, Fondation Pictet pour le développement






    Charles Wyplosz

    Professor of International Economics, The Graduate Institute





    Philippe Burrin

    Director, The Graduate Institute