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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
December 09, 2022
In July, a G20 independent panel (of which we are members) recommended measures to modernise how the World Bank and other multilateral development banks calculate their capacity to lend in support of development and climate objectives. These recommendations are now under discussion by MDB shareholde...
Nov
30
2022
8:30—9:45 AM Eastern Time (US & Canada) 1:30 - 2:45pm Greenwich Mean Time (GMT)
November 18, 2022
On November 28, 2022, the OECD will release the Multilateral Development Finance 2022 report which sheds new light on this system’s funding and activities. It tracks changes in the donor landscape and resource availability in the midst of ongoing crises. The report evaluates the system’s response to...
CGD NOTES
November 07, 2022
The assignment is clear. During this year’s Annual Meetings of the IMF and World Bank, shareholders instructed the World Bank to develop a work program for its own evolution (“to identify gaps in the Bank’s current institutional and operational framework…”) by the end of the year. Secretary Yellen l...
Sep
15
2022
9:00—10:30 AM Eastern Time (US and Canada) / 14:00—15:30 British Summer Time (GMT +1)
August 17, 2022
In 2021, G20 members created an independent panel to evaluate whether MDB shareholder capital is being used efficiently and to understand whether MDBs can lend more without threatening their long-term financial integrity. As well as discussing the recommendations of the report and framing the emergi...
Blog Post
August 04, 2022
At the July G20 meeting of finance ministers and central bank governors, a panel of experts (of which I was one) presented their report on the capital adequacy of the MDBs. Why care? the answer, quite simply, is that hundreds of billions of dollars are at stake. As with any bank, small changes in th...
CGD NOTES
May 19, 2022
The stakes are high for the African Development Fund (AfDF) as it kicks off its replenishment fundraising exercise this spring. Countries in sub-Saharan Africa (SSA) are still grappling with the health and economic fallout of the COVID-19 crisis, with over 30 million of their citizens pushed into po...