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CGD Policy Blogs

 

How Will We Know If Addis Was a Success?

In 2002, negotiators from the world over met in Mexico to agree on the Monterrey Consensus of the International Conference on Financing for Development. As Simon Maxwell has pointed out, it is an international document on development cooperation that leads with the most vital financing issues and discusses what is needed to make them work better. And that should stand as a warning to those celebrating the Addis Ababa Action Agenda agreed last week.

How Much Scope for Private and Market Rate Infrastructure Finance at Addis?

Meeting the SDG targets for infrastructure in developing countries is going to cost around USD 1 trillion a year. With official development assistance at around $150 billion, other official flows at $27 billion, and investment in infrastructure with private involvement at about $181 billion, it is clear that the majority of infrastructure finance will have to come from domestic resource mobilization in developing countries (which comes to about $9.2 trillion per year).

In Health Spending, Middle-Income Countries Face a Priorities Ditch, Not a Financing Ditch – But That Still Merits Aid

After a successful replenishment earlier this year, the board of Gavi, the Vaccine Alliance, is thinking through how to maximize the impact of the money it has raised. One hot issue is graduation from Gavi support. Currently, the Alliance uses an income cutoff loosely based on eligibility for IDA — soft loans from the World Bank. 

0.7 Percent Is Stupid

I’ve been sitting in lots of meetings and covering paper with lots of ink recently about the Sustainable Development Goals and Financing for Development.  And when the topic of aid comes up I nod sagaciously along with others in the room when someone says “well, of course, there won’t be any more aid coming out of the Addis financing conference, it is all about redistributing the pot.” Sometimes I’m the one to write or say it, then have a brief chat about that redistribution before switching to other topics like private finance or trade.