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Displaying 1 - 10 of 362
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BRIEFS
The Case for More Pull Financing
Ranil Dissanayake
and
Bernat Camps Adrogué
June 08, 2023
To meet many of today’s most pressing challenges, we need to find new solutions. But the fastest, cheapest, and most effective way to encourage high-impact innovation isn’t always obvious. Governments, philanthropists, and the private sector typically invest in research and development (R&D) by bett...
Blog Post
A GPG Window at the World Bank: With its Own Governance
Nancy Birdsall
and
Brian Webster
May 22, 2023
The climate mitigation work is an urgent development mission. The world has probably already lost the battle to limit warming to 1.5 degrees Celsius by 2050. Even now, millions of people in developing countries are suffering and dying due to natural disasters and sea level rise made worse by past an...
Blog Post
IF-CAP Recap: The Asian Development Bank’s Big Climate Finance Bet
Rakan Aboneaaj
and
Clemence Landers
May 11, 2023
IF-CAP is a donor-backed guarantee facility, where public, private, and philanthropic financing partners take risk off the ADB’s balance sheet by guaranteeing to backstop repayments for ADB mitigation and adaptation climate projects. By guaranteeing repayments on specific climate investments, IF-CA...
Blog Post
The IFC and (De)Scaling Solar
Charles Kenny
May 08, 2023
In the fight for more capital for climate at the World Bank Group, we should focus on the International Bank for Reconstruction and Development alone.
Blog Post
Challenges in Scaling Up IMF Lending for Climate Change and Pandemics
Sanjeev Gupta
and
Hannah Brown
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
What Could the World Bank Do in the Climate-Migration Nexus?
Samuel Huckstep
and
Charles Kenny
April 19, 2023
The World Bank’s evolution roadmap calls for the institution to reform and grow in response to global challenges and in particular climate change. But if the World Bank wants to do more on climate, it will also need to do more on migration–a topic only mentioned in passing. Successive briefings to t...
Blog Post
Avoiding the Looming Disillusionment about IMF Climate Finance
Daouda Sembene
April 12, 2023
The new IMF climate finance mechanism faces multiple implementation challenges. It will take urgent actions from the institution and its major shareholders to avoid disillusionment among policymakers in climate-vulnerable developing countries.
Blog Post
For the World Bank to Address Global Challenges, It Needs to Address Trade-Offs Head On
Ranil Dissanayake
April 07, 2023
World Bank reform will involve tackling a set of institutional challenges, from mobilizing more financing to taking on more risk. But it will also need to reckon with the more fundamental trade-offs between providing public goods and addressing poverty.
Blog Post
The IMF’s 2023 Climate Resolutions—A Modest Idea for a Quick Win on Methane
John Hicklin
April 07, 2023
Another spring and summer season of international meetings follows yet another dire warning on climate, with action again lagging pledges. We need a “spring cleaning” of global ambition to focus on practical goals that can be achieved this year. Each institution—multilateral and national, public and...
Blog Post
The Spring Meetings Should Launch a Climate-Dedicated IBRD Capital Increase
Charles Kenny
April 03, 2023
The World Bank shouldn’t become a dedicated climate bank: that’s not what its client countries want, and the global development agenda (the D in IBRD and IDA) is still urgent. But, with additional finance, the Bank could play an important part in the global response to the climate challenge. That sh...

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