This week, the African Development Bank (AfDB) will hold its annual meeting in Sharm El Sheikh, Egypt. This is the right moment for its shareholders and other donors to commit to allocating some of their excess Special Drawing Rights (SDRs) to the hybrid capital fund that the AfDB has proposed to ...

The world has changed since the creation of the International Monetary Fund and the World Bank—the world’s first international financial institutions—over 75 years ago. The shared challenges facing humanity have only grown more pressing and existential. From pandemics to climate change to financial ...

For both rich and poor countries, the climate crisis is no longer looming. It is all around them. Yet, as thousands gather in Sharm el-Sheikh for COP27, scientists have just confirmed that we are nowhere near where we need to be on greenhouse gas emissions reductions.

CGD's Masood Ahmed speaks with Rémy Rioux of Agence Française de Développement about the fifth annual Development Leaders Conference, the perfect storm of crises facing development agencies, and how new ways of thinking and financing can help them achieve their goals.