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Blog Post
November 22, 2023
Under the Indian Presidency, the G20 tasked N.K. Singh and Larry Summers to convene an independent expert group (IEG) to recommend how to strengthen multilateral development banks and address the shared global challenges of the 21st century (disclosure: we were both part of the Secretariat supportin...
Blog Post
April 27, 2023
The IMF should be applauded for implementing the Resilience and Sustainability Facility (RSF). That said, it is highly improbable that extending RSF financing to an additional 44 countries will be feasible in the next one or two years as it would require a major change in the mindset of borrowing co...
Blog Post
December 13, 2022
Earlier this year, the IMF board approved the establishment of the Resilience and Sustainability Trust (RST) to provide financial support to countries addressing long-term structural challenges, including climate change and pandemic preparedness. 143 countries are eligible to receive support from th...
Blog Post
October 04, 2022
The World Bank/IMF Annual Meetings begin next week—against a backdrop of mounting economic crises and uncertainty. How can we reduce global debt? Rethink the MDB/IMF system to address pressing issues like pandemics, climate change, and food security? Support poor countries where they need the most a...
Blog Post
September 09, 2022
In this blog post, we discuss the implications for carbon emissions and climate debt if the G20 countries implemented the most recent pledges in their Nationally Determined Contributions (NDCs). Despite positive developments in the US on climate legislation, we find that the implementation of the G2...
Blog Post
December 10, 2021
In 2021, the ongoing grip of COVID-19 served as a stark reminder of the fragility of our progress in fighting poverty and COP26 highlighted the need for richer countries to provide substantial funding to meet global challenges. As the twin crises of a global pandemic and climate change threaten to l...