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CGD NOTES
March 14, 2022
In the face of sudden economic shocks and natural disasters that limit the ability of economies to rapidly raise revenue, MDBs have the potential to play a leading role in crisis response to minimize the damage. One key factor in their success in this role is the speed of their financing instruments...
Blog Post
March 14, 2022
When sudden shocks like the COVID-19 pandemic cripple an economy’s ability to rapidly raise revenue and reallocate limited resources, multilateral development banks (MDBs) can lead the crisis response. MDBs provide a range of instruments that support countries in different ways and at different peri...
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 ...
POLICY PAPERS
November 18, 2021
A considerable body of recent research attempts to shed light on China’s bilateral aid and finance flows, but there have been fewer efforts focused on China’s participation in multilateral development channels. As a result, China’s role across the landscape of multilateral institutions and funds is ...
Blog Post
April 19, 2021
When Congress created the US International Development Finance Corporation (DFC) through the BUILD Act in 2018, it gave the new agency authority to make equity investments in funds and firms in developing country markets, building on the traditional lending programs of DFCs’ predecessor agency, OPIC...
CGD NOTES
April 05, 2021
Last year at this time, the World Bank announced its intention to provide $104 billion in financing to developing country governments to help them respond to the COVID-19 crisis. We took stock of those efforts seven months ago. More than a year into the pandemic, it’s time to check in again on the B...
CGD NOTES
March 15, 2021
With a new US administration rejoining the Paris Agreement and the upcoming Glasgow climate conference set to endorse a new set of national commitments to greenhouse gas emissions, there is renewed momentum in the struggle to limit climate change and its global impact. But global finance to support ...
Blog Post
March 01, 2021
Today the IDB is again making the case for a capital increase to its shareholders. Yet, despite an unfolding crisis that threatens development progress in Latin America to a degree that eclipses the Global Financial Crisis, talk of a financing cliff at the bank is absent from its appeal for mo...
Blog Post
February 18, 2021
Makhtar Diop, former minister of finance in Senegal and current vice president for infrastructure at the World Bank, has been tapped to be the next head of the International Finance Corporation, the World Bank Group’s private sector investment arm. This is welcome news: Diop’s experience and talents...