Search

What will the incoming Trump administration mean for US funding to multilateral development initiatives? We drill down on US funding for a subset of the major multilateral development, health, and climate funds, to see how funding levels enacted by Congress compared to presidential budget requests a...

The nature of South-South cooperation has evolved significantly over recent decades, from bilateral engagements to triangular cooperation mechanisms into a new phase: true participation in the multilateral system. The emergence of Southern-led multilateral development banks (MDBs) such as the Asian ...

Our research revealed that the rise of Southern MDBs has redefined the development finance aspirations of the Global South. Southern MDBs are thought to be more attuned to the interests of recipient countries. These banks are perceived as innovators—introducing new financial instruments, channelling...

Fragile and conflict-affected situations (FCS) present the most difficult development problem of our era. According to the last OECD States of Fragility report, the sixty countries characterized as FCS are home to 73 percent of those living in extreme poverty, and that number is expected to rise to ...

Across 2024 and 2025, almost a dozen major multilateral funds are going to donors for additional funding in what we dubbed a “traffic jam” of replenishments. As 2024 draws to a close, three replenishments have concluded (sort of—read on for more). IDA is the largest and the standout: the World Bank’...

Last week, the World Bank released a draft of the IDA21 replenishment report for comment by external stakeholders. Six of CGD's senior researchers dissected the draft report and the most recent iteration of the policy package on the issues we follow most closely. Here are our reactions.

The Annual Meetings of the World Bank and IMF have come to an end. It was a jam-packed array of official meetings, private roundtables, bilateral engagements, civil society forums, and many side events covering a myriad of issues with a range of stakeholders. In the end, it can be difficult to sort ...

With the Biden administration now in the lame duck period, this is an opportune time to review President Biden’s track record on development. This blog post, the first in a series, will examine MDB reform, the Nairobi-Washington Vision, and PGI.

As world leaders gather at COP29 to chart a path forward on financing efforts to address the global climate crisis, one critical issue demands their attention: the chronic underfunding of climate adaptation in low-income, low-emission countries.