This briefing highlights challenges associated with the current European development finance ecosystem and presents options for reform.

Mikaela Gavas, Co-Director of Development Cooperation in Europe and Senior Policy Fellow was invited to share her expertise with the Development Committee of the European Parliament on the European Financial Architecture for Development (EFAD).

There is no shortage of investable capital in the global economy. However, while the opportunities exist for investment and while funds are available, few projects actually reach financial close. The basic premise of this note is that although technical assistance (TA) for project preparation, manag...

As the EU prepares to significantly scale up its deployment of blended finance, guarantees, and other risk-sharing tools aimed at stimulating investment in developing countries, and, in the face of spiralling needs as a result of COVID-19, this paper analyses how the EU could use its development bud...

In this note, we explore some of the changes and trends in development agency strategic direction brought about by the pandemic, as well as fundamental challenges that bilateral development agencies will need to address in the years to come.

Mikaela Gavas gives evidence to the House of Commons Future Relations with the European Union Committee.

Around the turn of the century, there was a broad recognition that the debt burden of many developing countries was impeding their growth. Much of the debt had accumulated in the context of the Cold War and had not resulted in productive investment.