The IDFC represents a unique mix of bilateral agencies, national development banks, and regional development banks. As such, it holds promise for bringing new and productive collaborations to the SDG agenda that extend well beyond the work of the major multilateral development institutions. In a new brief, our efforts to map the scale and scope of IDFC members’ development financing through a membership survey and public databases provide some interesting takeaways:
CGD Policy Blogs
When the finance ministers of the G20 countries set up an Eminent Persons Group 18 months ago, many observers were both hopeful and skeptical about the likely outcome. Now that the EPG’s report is out, what’s the verdict on how transformative its efforts will be?
This year’s Nobel Peace Prize, awarded last week to Denis Mukwege and Nadia Murad, calls attention to sexual violence during war and civil conflicts—a horror too often unstated and wished away. There’s another largely hidden horror the world needs to reckon with: the toll that civil conflicts, some so local that they rarely make the news, takes on children.
Government contracts are worth trillions of dollars. Publishing contracting information is critical to enabling fair competition, allowing public scrutiny, and reducing opportunities for corruption. But when is it legitimate to redact commercially sensitive information from these documents?
Aid and development transparency has come a long way in ten years. In this, the first of a two-part blog series, we look back at the origins of the aid transparency movement. We reflect on the original vision of those who conceived the idea, and the journey to date including some of the successes achieved along the way.
Why should countries invest in human capital? As emerging technologies impact economies and societies, how can we ensure that the most vulnerable are protected? Who will step up to finance the SDGs? Next week’s Annual Meetings of the World Bank and the IMF will convene 13,000 global policymakers, private sector executives, academics, and civil society members in Bali, Indonesia as they work to address these questions and more.
We know that technology—especially emerging technology on decentralized ID—has a huge potential in combating both these issues. We also know that technology has a huge gender problem worldwide.
In the biggest step forward in US development policy since the creation of the Millennium Challenge Corporation and PEPFAR, Congress approved legislation to establish a new, modernized US development finance agency.
The Alliance aims to deepen economic relations between the two continents by boosting private investment and trade. The Commission is billing the proposals as a “radical shift” in the EU’s approach to development cooperation in Africa that will take the relationship “to the next level.” Implicit in the sound bites is the EU’s ambition to rival the growing influence of China, whose vast programme of investment on the continent has left other donors scrambling to catch up. But is the Alliance actually anything new? And does it have the potential to reposition the EU as Africa’s leading development partner?
In November 2015, CGD published a report titled Unintended Consequences of Anti–Money Laundering Policies for Poor Countries. Today we release a follow-up to that report. Policy Responses to De-risking: Progress Report on the CGD Working Group’s 2015 Recommendations takes stock of accomplishments to date, notes where work remains, and recommends concrete actions for international institutions, governments, banks, and others to continue addressing de-risking.