International Financial Institutions

Is the crisis a signal on how devastating the great problems confronting our future could be in a world that is not prepared for them, in particular to face challenges such as major inequalities, the climate emergency, and the loss of nature. The way in which our world produces and consumes, calls f...

In a new working paper, we aim to address this gap with a new measure of cross-border, concessional finance—Finance for International Development (FID). FID is designed to be a measure which is more consistent across all development actors—going beyond just OECD members.

As part of the negotiations between the IFC and the US government over a (now agreed) capital increase for the IFC, World Bank Group president David Malpass issued a letter to US Treasury Secretary Steve Mnuchin promising changes in the way IFC does business.

While the world’s decision makers are now rightly focusing on the COVID-19 crisis and its potentially devastating economic aftermath, the climate change agenda has been moved from the center stage. As the world begins to rethink what the post COVID-19 economic order will look like, climate change wi...