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Blog Post
November 02, 2023
International finance is under considerable pressure: originally prioritized toward economic growth in poorer countries, it is now meant to deliver broad-based sustainable development including global public goods such as climate and pandemic response—to say nothing of refugee hosting costs. In a fu...
Blog Post
October 31, 2023
The World Bank is the largest provider of climate adaptation finance to the world’s poorest countries. Adaptation finance assists countries to reduce the risks they face from climate change such as disease outbreak and rising sea levels. Lower-income countries (LICs) receive highly concessional fina...
Blog Post
October 11, 2023
Budget support offers direct financing to a country’s treasury to create more “fiscal space” for public programs. It has constituted some 14 percent of ODA on average, increasing to over 20 percent in times of crisis. No aid modality is more controversial. Critics argue that, without earmarking fund...
Blog Post
September 27, 2023
The rapid evolution of the development landscape, amid ongoing crises such as the war in Ukraine and climate change, presents profound challenges for all development actors. The various challenges intersect in unprecedented ways, amplifying the complexities faced by development cooperation providers...
Blog Post
September 05, 2023
EU finance ministers will soon appoint a new president of the European Investment Bank (EIB). Following two six-year terms, the incumbent, Werner Hoyer, will step down, and a new captain will take the helm of the world’s largest multilateral financial institution. The new president comes at a critic...
Blog Post
August 07, 2023
While donors are increasingly interested in both promoting evidence-based policymaking and advancing locally led development, the two agendas have often remained separate. This is a missed opportunity. A recent CGD working group underscored the value of locally immersed researchers and organizations...