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...

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.

The G20 under the Indian Presidency, building on the work of Italian and Indonesian predecessors, has placed these issues squarely on its agenda, with the intention of making significant progress this year. That work includes the report on MDB capital adequacy, which contains important recommendatio...

Last week, the World Bank published the 2023 edition of its World Development Report (WDR), with a focus on “Migrants, Refugees, and Societies.” The report provides a sweeping overview of the issues facing migrants, refugees, and countries of origin, transit, and destination, encapsulating it all in...

“Embrace mediocrity and accept the unoriginal” may not sound like a great rallying cry for World Bank staff, but if we really want the institution to ramp up lending for renewable power and low-carbon transport, it might be the call we need.

Much ink has been spilled over the impact of borrowing country institutions and the policies and practices of donor organizations on aid effectiveness. But what do we know about the role of those individuals who often represent the key interface between country-level institutions and donor-funded pr...

At the Spring Meetings of the World Bank, a range of shareholders repeated their call for multilateral development banks (MDBs) to do more, particularly with regard to climate finance. At the same time, client countries are demanding these institutions preserve their core mandate to support developm...