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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 ...
POLICY PAPERS
July 26, 2023
Public and policy discourse has been imprecise in its definition of what constitutes a global public good, with implications for our understanding of how MDBs contribute to them. Once this is corrected for, it becomes apparent that, except under restrictive conditions that are unlikely to hold in th...
POLICY PAPERS
June 20, 2023
If we could reinvent MDBs to respond to urgent development and climate needs and to benefit from 70 years of experience with the model, what would they look like? Countries should chart their own low-carbon climate resilient development and growth paths, with robust analytical support from MDBs that...
POLICY PAPERS
May 11, 2023
The COVID pandemic has had differential effects by gender, with women experiencing higher job and income loss, increased rates of domestic violence, and mounting care burdens. We examine the extent to which MDB COVID response projects incorporated gender elements and highlight the gaps in those effo...
POLICY PAPERS
April 25, 2023
To support the 2030 Agenda, MDBs and DFIs have been asked to mobilize more private capital alongside their own investments in private firms. Mobilization volumes to date remain small, but progress has been made in developing new models that can attract different types of private investors at greate...
POLICY PAPERS
March 16, 2023
The current World Bank model focuses on reducing poverty and promoting equitable growth, while considering environmental and social sustainability. Programming is country-driven and resources allocated according to client government priorities, leaving global public goods (GPGs), particularly climat...
POLICY PAPERS
March 14, 2023
The climate financial intermediary funds (FIFs) are one of the largest sources of grant and concessional finance for climate, especially for middle-income countries, but there are significant challenges at the systemic level and differing performance across FIFs. We recommend consolidating funds in ...
POLICY PAPERS
November 28, 2022
The experience of the COVID-19 pandemic—in the US and around the world—highlights the potential feasibility and importance of biomedical R&D for global health and welfare. Drawing from this experience and momentum, this paper argues that the US should deepen its engagement and ambition in global hea...
POLICY PAPERS
November 23, 2022
Pull financing is an underutilized tool that can drive the development and adoption of critical technologies necessary to address the globe’s climate crisis. This paper provides tangible examples by presenting two case studies that illustrate how pull climate finance can be used to deliver urgently ...
POLICY PAPERS
November 03, 2022
Pull financing is a powerful but underused mechanism for incentivising progress on hard-to-tackle social problems for which innovation or the take-up of innovation may be part of the solution. It should become part of the ongoing landscape for climate and development work. This paper sets out the sp...