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Blog Post
May 11, 2023
IF-CAP is a donor-backed guarantee facility, where public, private, and philanthropic financing partners take risk off the ADB’s balance sheet by guaranteeing to backstop repayments for ADB mitigation and adaptation climate projects. By guaranteeing repayments on specific climate investments, IF-CA...
Blog Post
April 27, 2023
The IMF should be applauded for implementing the Resilience and Sustainability Facility (RSF). That said, it is highly improbable that extending RSF financing to an additional 44 countries will be feasible in the next one or two years as it would require a major change in the mindset of borrowing co...
Blog Post
April 19, 2023
The World Bank’s evolution roadmap calls for the institution to reform and grow in response to global challenges and in particular climate change. But if the World Bank wants to do more on climate, it will also need to do more on migration–a topic only mentioned in passing. Successive briefings to t...
Blog Post
April 07, 2023
Another spring and summer season of international meetings follows yet another dire warning on climate, with action again lagging pledges. We need a “spring cleaning” of global ambition to focus on practical goals that can be achieved this year. Each institution—multilateral and national, public and...
Blog Post
April 03, 2023
The World Bank shouldn’t become a dedicated climate bank: that’s not what its client countries want, and the global development agenda (the D in IBRD and IDA) is still urgent. But, with additional finance, the Bank could play an important part in the global response to the climate challenge. That sh...
Blog Post
March 16, 2023
The White House's FY24 international affairs budget request is ambitious, aimed at tackling a wide range of challenges facing countries worldwide and reasserting US leadership, particularly in strategic areas where the administration hopes to displace China's growing global influence.
POLICY PAPERS
March 16, 2023
The current World Bank model focuses on reducing poverty and promoting equitable growth, while considering environmental and social sustainability. Programming is country-driven and resources allocated according to client government priorities, leaving global public goods (GPGs), particularly climat...