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With the US pulling back from development assistance, the UK cutting the aid budget to fund an increase in defense spending, and many traditional donors giving less and less to poorer countries, Germany must decide whether to follow suit—or stand firm in its commitment to global solidarity and to ta...

Check out CGD experts' research on mergers in Germany, as referenced in Global Policy.

Achieving the SDGs and climate targets will require unprecedented levels of private investment, particularly in developing countries. In a new discussion paper published by IDOS, I outline the state of the discussion on private finance mobilization.

Last month, Germany’s Free Democratic Party (FDP) proposed merging the country’s Federal Ministry for Economic and Development Cooperation (BMZ) with its Federal Foreign Office (FO), claiming this would result in “enormous” gains in effectiveness and efficiency. This proposals raises questions about...

The environment in which development policy operates has changed rapidly. The world is becoming more multipolar, and countries from the "Global South” are taking a more prominent role in global cooperation. The global economy is in upheaval, and interconnected and ongoing crises are becoming the nor...

In a new policy brief published by IDOS, the German Institute of Development and Sustainability, I examine SDR re-channeling and the associated barriers. Here is the short version.

At the World Bank-IMF Annual Meetings last fall in Marrakesh, the Bank governors endorsed innovative financial instruments to boost lending at the International Bank for Reconstruction and Development (IBRD)—the Bank’s arm that lends to creditworthy countries. Some donor countries have signaled thei...

At the Annual Meetings of the World Bank and IMF in Marrakech in October, the governors of the World Bank agreed upon next steps in the Bank’s “Evolution Roadmap.” The level of ambition is still high, but big reform is far from a done deal. Looking to the past, there has been no shortage of World Ba...

One burning question is if the World Bank - together with the regional development banks - will use their potential in decarbonising the world economy. The first step in barricading the gates of hell has to be decarbonising the energy sector. It contributes the most to global greenhouse gas emission...