International Financial Institutions

More from the Series

Blog Post

Current Budget Rules Stand in the Way of a Reasonable Path for US DFC to Realize Ambition on Climate and Pandemic Response

April 19, 2021
When Congress created the US International Development Finance Corporation (DFC) through the BUILD Act in 2018, it gave the new agency authority to make equity investments in funds and firms in developing country markets, building on the traditional lending programs of DFCs’ predecessor agency, OPIC...
Blog Post

Go Big on IDA, but Leave Out the Private Sector Window

April 12, 2021
Recently, my colleague Clemence Landers argued that International Development Association (IDA), the largest source of concessional loans and grant finance for the world’s poorest countries, needs to “go big” in its next replenishment.
CGD NOTE

“Tens of Millions” to “Hundreds of Millions”: Synthetic Credit to Enable Private Funding for Infrastructure in Low-Income Countries

April 08, 2021
As the Biden administration turns its attention to infrastructure legislation in the United States, it is important to focus on the role investment in infrastructure financing can play in the recovery. This note covers a policy proposal for a credit enhancement instrument, using concessional financi...
Blog Post

A New IMF Pandemic Window Could Provide $30 Billion to Finance Vaccines for Developing Countries

April 05, 2021
While those lucky enough to live in the United States or Europe fret about the extra weeks before their vaccine jab is scheduled, 6 billion people in developing countries will need to wait months, if not years. COVID-19 vaccine production lags far behind demand, and one reason why developing countri...