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Blog Post
May 16, 2024
Development agencies are spending unprecedented levels of development finance on climate-related objectives—but how much impact is that finance having? As negotiations towards a new climate finance target progress at the UN, we hope to add to the number of voices urging that the new goal encompasses...
Blog Post
May 16, 2024
Development cooperation has reached a crossroads. Humanitarian needs are rapidly increasing as violent conflicts erupt and continue, and geopolitical rivalry is contributing to a more fragmented development landscape. Difficult economic conditions in many of the poorest countries are paired with shr...
Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
Blog Post
May 10, 2024
While there was no great fanfare coming out of the IMF/World Bank Spring Meetings, a closer look at the official statements reveals simmering tensions between major constituencies over the execution of the World Bank’s new “Livable Planet” agenda. These tensions were fueled by debates over the alloc...
Blog Post
May 01, 2024
At the core of African food insecurity are the continent’s notoriously low crop yields—the amount of produce farmers harvest relative to the area of land they farm. And one of the main reasons for low yield compared to other regions is that African countries, on average, use far less fertilizer to b...
Blog Post
April 30, 2024
The controversy around the IFC’s investment in Bridge Academies, a for-profit education provider in Africa and India, is not going away. Indeed, World Bank President Ajay Banga has committed to an external investigation of the entire fiasco. The Bridge investigation highlighted two significant accou...