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Blog Post
October 16, 2023
The real test after the meetings will be how to identify sources of concessional financing for middle-income countries while still delivering on IDA. Donors have leaned heavily on capital adequacy reforms and private sector mobilization as sources of finance, but there is no escaping the fact that t...
Blog Post
September 11, 2023
It is standard fare for the G20 to issue lofty statements without any real muscle behind them, but the discordance in this year’s declaration is especially grating because explicitly and implicitly, the G20 have heaped exceptionally large burdens on the MDBs all in the context of what the leaders ac...
Blog Post
August 15, 2023
On August 10, the White House submitted a $40.1 billion emergency supplemental request to Congress that includes $2.25 billion for the World Bank. The request for the Bank is well balanced: it would provide $1.25 billion to support “global challenges” (a more politically palatable term than climate ...
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 13, 2023
This Thursday, the Center for Global Development is hosting a half-day event—Get the Lead Out—to shine a much-needed spotlight on the far-reaching social and economic consequences of lead poisoning. Lead is an insidious toxin. In most cases, it has no overt, easily detectable symptoms when ingested—...
Blog Post
December 06, 2022
If the Biden administration wants to forge stronger bonds with African governments in the lead up to mid-December’s US-Africa Leaders Summit, it will have to focus on meeting the needs of those governments during a particularly difficult economic period. One useful but greatly underutilized instrum...
Blog Post
February 07, 2022
At the UN General Assembly last fall, President Biden pledged to increase US support for international climate efforts to $11 billion annually, representing a quadrupling of funding from current levels. Beyond the political challenges of delivering on this commitment, there are important questions a...