The IDA22 Replenishment

The global health architecture is facing a crisis of both financing and legitimacy. Gavi, the Vaccine Alliance and The Global Fund to Fight AIDS, Tuberculosis and Malaria have had their budgets cut by over 20 percent, donors are urgently calling for reform, and low- and middle-income nations are dem...

IDA's current financing structure disadvantages the world's poorest countries because an overly flexible graduation process enables better-off countries to remain IDA-eligible for too long. IBRD’s creditworthiness assessments are too conservative, and it has the headroom and prudential space to brin...