When the world adopted the SDGs, policymakers knew that aid alone would never meet the financing needs. They embraced the “billions to trillions” vision, believing that an abundance of commercially viable SDG-related investments was ready and waiting for trillions in profitable private investment—if only development finance institutions (DFIs) and others could clear away the obstacles that stand between the investments and private investors. Reality looks different. To fill the gaps in the financial architecture, Nancy Lee and Dan Preston propose the Stretch Fund.
The arrival of a new leadership team in Brussels provides an opportunity for Europe to reinvigorate its role as a global development power and to build a true partnership with its continental neighbour, Africa. These tasks have never been more urgent. Read here for recommendations on migration.
Global development is increasingly intertwined with state fragility. Poverty is becoming concentrated in fragile states, and conflict, violent extremism, and environmental stresses can emerge from and be exacerbated by fragility. As a result, many donors, including the United States, are reflecting on lessons of the past to rethink how they can better help fragile states address the underlying causes of fragility, build peace and stability, and cope with complex risks.
The arrival of a new leadership team in Brussels provides an opportunity for Europe to reinvigorate its role as a global development power and to build a true partnership with its continental neighbour, Africa. These tasks have never been more urgent. Read here for recommendations on finance.
The arrival of a new leadership team in Brussels provides an opportunity for Europe to reinvigorate its role as a global development power and to build a true partnership with its continental neighbour, Africa. These tasks have never been more urgent. Read here for recommendations on global health policy.
The arrival of a new leadership team in Brussels provides an opportunity for Europe to reinvigorate its role as a global development power and to build a true partnership with its continental neighbour, Africa. These tasks have never been more urgent. Read here for recommendations on trade.
The World Bank is a multilateral organization that provides financial and technical assistance to developing countries. As the World Bank’s largest shareholder, the United States maintains a unique influence in shaping its agenda and has a vested interest in ensuring the institution is well managed and appropriately resourced. The US Congress has an important role both in funding US contributions to the World Bank and in overseeing US participation in the institution. Past congressional decisions tied to US funding have led to changes in World Bank policies and institutional reforms.
ABCs of the IFIs: The African Development Bank, the Asian Development Bank, and the International Fund for Agricultural Development
The African Development Bank (AfDB), the Asian Development Bank (ADB), and the International Fund for Agricultural Development (IFAD) are among the international financial institutions seeking pledges from donor countries as part of upcoming replenishment cycles in 2019 and 2020.
There have been impressive gains in global health over the past 20 years, with millions of lives saved through expanded access to essential medicines and other health products. But behind these successes is an unacceptable reality: in many low- and middle-income countries, lifesaving health products are either unavailable or beyond the reach of the people who need them most.
To contribute to a growing base of knowledge and expertise on opportunities to reverse the specific effects of forest loss and degradation—and to improve the conditions of host populations and refugees in Cox’s Bazar—BRAC, the Center for Global Development, and The Nature Conservancy convened workshops with global and national experts and stakeholders in September 2018 in Cox’s Bazar.
Understanding the Opportunity Cost, Seizing the Opportunity: Key Takeaways for Evidence-Informed Universal Health Coverage
The World Health Organization routinely develops and issues guidelines on how best to prevent, diagnose, and treat particular medical conditions. The guidelines are developed through a process determined by the WHO Guidelines Review Committee—a key part of which involves systematic evidence appraisal using the GRADE approach.
The next pandemic is a matter of when, not if. Preparing for this inevitability requires that policymakers understand not just the science of limiting disease transmission or engineering a drug, but also the practical challenges of expanding a response strategy to a regional or global level. Achieving success at such scales is largely an issue of operational, strategic, and policy choices—areas of pandemic preparedness that remain underexplored.
A CGD Task Force assessed the implications of Basel III for EMDEs and provided recommendations for both international and local policymakers to make Basel III work for these economies. This brief summarizes the key findings and recommendations.
Toward Medium-Term Solutions for Rohingya Refugees and Hosts in Bangladesh: Mapping Potential Responsibility-Sharing Contributions
Bangladesh is providing a significant global public good by hosting nearly one million Rohingya refugees, including 700,000 who fled violence carried out with “genocidal intent” in 2017. The international community has an opportunity to recognize Bangladesh’s contributions through a robust responsibility-sharing process. This brief explores the potential range of responsibility-sharing commitments in support of Bangladesh.
A Tool to Implement the Global Compact for Migration: Ten Key Steps for Building Global Skill Partnerships
The world needs better ways to manage international migration for this century. Those better ways finally have a roadmap: the Global Compact for Migration. And one promising tool is Global Skill Partnerships.
Savings can help businesses expand, by enabling them to finance lumpy investments and absorb unexpected shocks. However, several barriers stand in the way of women firm owners in developing countries who want to increase their savings.
The Sustainable Development Goals face a key dilemma. Major multilateral institutions like the World Bank and the other core MDBs have played a leadership role in shaping the SDG financing framework. However, there is a significant misalignment between the structure of these institutions and the SDG financing needs.
Many of the world’s 25 million refugees spend years struggling to provide for themselves or contribute fully to their host economies because they are legally barred from working or owning businesses. Granting refugees formal labor market access unlocks a range of benefits—for refugees, hosts, and global businesses.