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Blog Post
April 17, 2024
In the wake of COVID and amidst global crises, care has increasingly become recognized as a global issue critical for sustainable development and gender equality. Yet, there are still massive gaps in care policies, services, and financing, and there is much more work that needs to happen to ensure u...
Blog Post
November 13, 2023
The creation of a “forest carbon economy,” where countries reap the economic benefit of the emission reduction contributions of their forests, is increasingly seen as an important source of income for countries in Africa, Latin America, and Asia-Pacific. Brazil’s President Lula is promoting the cre...
Blog Post
October 11, 2023
Budget support offers direct financing to a country’s treasury to create more “fiscal space” for public programs. It has constituted some 14 percent of ODA on average, increasing to over 20 percent in times of crisis. No aid modality is more controversial. Critics argue that, without earmarking fund...
Blog Post
June 28, 2023
On June 14, we published a paper titled “What Counts as Climate?” where we argued that the World Bank has developed a climate portfolio that lacks estimates of greenhouse gas emissions reductions and has no standardized reporting on GHG estimates. Last week, the World Bank sent an email to members o...
Blog Post
June 20, 2023
The Biden administration’s efforts to provide attractive alternatives to Chinese finance in the developing world coincides with a period of pronounced financial stresses for these countries. After years of ready access to capital markets, coinciding with China’s rise as the dominant source of govern...
Blog Post
June 14, 2023
Too often, climate finance is treated as a proxy for climate outcomes when it comes to agenda-setting and strategy at the multilateral development banks. Over the last 18 months, the World Bank’s shareholders have led a major reform push that would have the Bank focus more on climate, with the discu...