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Blog Post
April 13, 2023
Debt suspension clauses (DSCs) are having their moment in the international policy arena spotlight. Also known as “pause clauses” or climate-resilient debt clauses, DSCs are mechanisms that allow a country to temporarily suspend debt repayments for a pre-agreed period (generally 1-2 years) if a nat...
Blog Post
March 14, 2023
Climate financial intermediary funds (FIFs) represent one of the largest sources of multilateral grant and other concessional finance for climate, including for middle-income countries (MICs). Together, they have received more than $50 billion in cumulative grant funds from donors. They have collect...
Blog Post
February 03, 2023
On November 13th, 2022, the creation of a new Pandemic Fund, hosted by the World Bank, was announced. Its mandate is ambitious: to successfully prevent, prepare and respond to emerging pathogens. This will require true collective action, and implementation of decisive and ambitious policies in as ma...
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
December 12, 2022
On December 12, we celebrate countries’ efforts towards achieving Universal Health Coverage (UHC) and remind leaders of the importance of UHC and their promise of #HealthForAll. Yet this year, World UHC Day takes place against a backdrop of significant fiscal pressure stemming from changing economic...
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 ...