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Blog Post
March 25, 2024
A new institutional strategy for the years 2024–2030 was just approved by the Board of Governors at the annual meeting of the Inter-American Development Bank (IDB). This comes one year after Ilan Goldfajn assumed the presidency of the organization with a commitment to establish clear priorities and ...
Blog Post
March 21, 2024
CGD's Gyude Moore speaks with Nick O’Donohoe from British International Investment and Frank Aswani from the African Venture Philanthropy Alliance about balancing local and international focus, the impact of a "funding winter," and how the public and private sectors can fill the financing gap for bu...
Blog Post
March 21, 2024
Many developing countries are facing an impossible situation. With the impact of cascading crises, the gulf between their financing needs and the resources available to them is widening. The combination of elevated interest rates, weakening currencies and low credit ratings are excluding them from c...
Blog Post
March 18, 2024
In the field of development finance, the challenge of marshalling private investment in support of development goals is among the most vexing, and one that World Bank President Ajay Banga—a former Mastercard executive—has touted as a top priority. Early in his tenure, Banga convened a group of CEOs ...
Blog Post
March 18, 2024
Against the odds, a plucky little IMF engine—the Resilience and Sustainability Trust, or RST—has won plaudits for its efforts to support countries formulating policies to tackle climate change. It has taken up the challenge with only $30 billion as firepower, against the trillions needed from all ...
Blog Post
March 11, 2024
The African Development Bank has been a prime mover in advancing a new form of capital for the multilateral development banks, called hybrid capital. If there is another item on the MDB reform agenda that is more of a win-win proposition than hybrid capital, we are not aware of it.
Blog Post
March 05, 2024
Brazil kicked off the Finance Track of its term as G20 president on February 28-29 with a clarion call for progressive international economic action. Despite some of the familiar G20 dysfunction, the Brazilian G20 gives me a shred of hope. The Brazilians put forward some big ideas.