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April 11, 2024
Ahead of the highly anticipated World Bank-IMF Annual Meetings in Marrakesh, the Center for Global Development has unveiled a groundbreaking tool—the MDB Reform Tracker. This tracker explores how the six largest multilateral development banks are tracking against three major reform agenda:
Blog Post
December 11, 2023
The World Bank offered up several new climate commitments at COP, including that 45 percent of its annual financing will be devoted to climate-related projects. The question is: what does “climate-related” mean? Will these funds really influence climate outcomes, or will they be the financial equiva...
POLICY PAPERS
December 11, 2023
Factors like borrowing costs and access to alternative sources of finance will likely limit country demand for World Bank climate mitigation finance absent financial incentives, which could prove costly and difficult to resource at the scale needed to have meaningful impact. There's a risk that thes...
Blog Post
November 30, 2023
Ahmed Saeed of Allied Climate Partners and formerly the Asian Development Bank joins CGD’s Karen Mathiasen and Clemence Landers for a conversation on his organization's new approach to blended finance, how to bridge the private and public sectors more effectively, and how to balance climate mitigati...
Blog Post
October 16, 2023
The real test after the meetings will be how to identify sources of concessional financing for middle-income countries while still delivering on IDA. Donors have leaned heavily on capital adequacy reforms and private sector mobilization as sources of finance, but there is no escaping the fact that t...
CGD NOTES
October 13, 2023
A world on fire requires the multilateral development banks to be at center stage in creating an effective response and bringing diverse actors to support a shared agenda of transformative development. MDBs have a distinctive comparative advantage in playing a catalytic role in fostering government ...
POLICY PAPERS
October 12, 2023
The Multilateral Investment Guarantee Agency (MIGA), which offers investors and bankers political risk insurance and guarantees against non-payment by governments and state-owned enterprises, should feature heavily in the private sector reform agenda. We offer recommendations that would enable MIGA ...
Blog Post
October 12, 2023
As shareholders move forward with the World Bank’s Evolution Roadmap, they should take a closer look at the Multilateral Insurance Guarantee Agency (MIGA) and its potential to help advance the private sector agenda which has so far failed to deliver. The current version of the Roadmap includes opti...