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Blog Post
December 14, 2022
In this blog, we briefly summarise six worrying trends in how climate finance is being spent, and recommend the GPEDC set up a working group on climate finance, alongside three other recommendations for policy-makers at bilateral and multilateral development agencies; as well as those working on the...
Blog Post
December 13, 2022
In this bonus episode of Lagos to Mombasa, Gyude invites two experts who were on the ground in Sharm El Sheikh for COP27—the UN’s annual conference on climate—to report back with their observations and takeaways: Faten Aggad of the African Climate Foundation and Ian Mitchell of CGD. Together they di...
Blog Post
December 12, 2022
Debt and climate change are defining challenges for many countries in Africa. Governments across the continent are seeing their debt burdens mount—some to unsustainable levels—as they race to mobilize resources to adapt and respond to the increasingly severe climate crisis.
Blog Post
November 30, 2022
An effective transformation of the MDB system can’t happen from Washington alone—what emerging markets and low-income countries alike want from the MDB system will need to be front and center. To ensure borrower perspectives are a major part of the conversation, two finance ministers have agreed to ...
Blog Post
November 02, 2022
Climate finance is set to be a key issue at the 27th UN Climate Conference of the parties (COP27), with the Egyptian hosts raising it in four of their five targets alongside emphasising a shift from pledging to implementation of commitments. In this blog, we highlight four areas to look out for on c...
Blog Post
November 01, 2022
World Bank loan terms are becoming increasingly attractive as global interest rates soar. This is not because the Bank’s International Bank for Reconstruction and Development (IBRD) loans have gotten cheaper, but because the average emerging market’s (EM) borrowing costs have risen so much more dram...