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Blog Post
March 14, 2024
Since the absorption of the Department for International Development (DFID) into the Foreign and Commonwealth Office, there has been a clear pattern in the fortunes of the development function of the department, every decision taken made the UK’s development function worse: less impactful, less effi...
Blog Post
March 14, 2024
Since its inception, DFC has demonstrated its capacity to rapidly increase its investment volume, making use of a higher portfolio cap. Its annual commitments have doubled over the past four years. But the agency has been subject to criticism (including from some at CGD) for insufficiently prioritiz...
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
February 27, 2024
In the UK context the main discussion of UK development policy amid all of these headwinds has been around the current government’s new ‘white paper’, which seeks to set UK development policy to 2030 and tried to be cross-party. That said, it could have a very short shelf life as presumably any inco...
Blog Post
February 21, 2024
So: how do donor governments actually use their subsidies to the private sector to support mitigation and development projects around the world? The process usually starts with a private company (the project sponsor) asking a development finance institution (DFI) like the World Bank Group’s Internat...
Blog Post
February 07, 2024
In the coming weeks, the official opposition party—Labour—is expected to be granted access to civil servants to discuss their policy agenda to enable planning. Election manifestos will also be finalised shortly. But will Labour do any more for global development than the Conservatives have?
Blog Post
February 06, 2024
The World Bank’s Independent Evaluation Group has just issued a “Focused Assessment” of the IDA Private Sector Window, looking at the PSW’s first five years of operation. The PSW, launched in 2018, uses $5.6 billion of World Bank IDA financing to subsidize IFC and MIGA investments in the private sec...