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September 12, 2023
The first of CGD's conversations with candidates for the presidency of the European Investment Bank was with Margrethe Vestager. Margrethe is the Executive Vice-President of the European Commission and Commissioner for Competition. She has had a long and illustrious political career, having become a...
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
July 06, 2023
USAID administrator Samantha Power’s aim to advance localization—with at least a quarter of funds going directly to local partners—has been widely lauded. A recent USAID report on localization indicates progress towards this goal, but major operational and contractual directions about how to impleme...
Blog Post
July 05, 2023
When the EU adopted its seven-year budget in 2020, few predicted the eruption of a full-scale war two years later at its borders. By the end of 2023, the EU will have provided military, economic and humanitarian support to Ukraine to the tune of EUR35.2 billion since Russia’s invasion. But with spir...
Blog Post
June 30, 2023
The European Union (EU)’s arsenal of development finance instruments comprises grants, budget support, blends of grants and loans, guarantees, and trust funds. But little attention has been paid to its macro-financial assistance (MFA) tool. Since the 1990s, it has been deployed to help countries in ...
Blog Post
June 20, 2023
The Paris Summit for a New Global Financing Pact set to take place this week is hot off the heels of the London Ukraine Recovery Conference. The Paris summit is being billed as a moment to rebuild trust between the West and African countries in the face of broken promises, double standards and bifur...