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Blog Post
February 01, 2024
As the urgency and scale of development and climate challenges become more obvious and alarming, we have seen a surge in interest in how multilateral development banks (MDBs) can help low- and middle-income countries meet these challenges. Much of that focus has been on the volume of their finance, ...
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
December 09, 2022
With climate change already affecting the lives and livelihoods of millions of people around the world, the need for a coordinated global response has never been more urgent. But to mobilize the huge sums required to finance the investments we need to ensure a climate-resilient future, the world mus...
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
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...
Blog Post
November 29, 2021
While hopes for mobilizing private finance for climate response were boosted by the investment firms managing a collective $130 trillion who signed onto net zero pledges at the COP, actually getting the private trillions to move south remains a huge challenge. And two leading proposals point to the ...