Ministers are gathering at the UN this week to discuss the financing needs to meet the Global Goals—with the challenge that resources will clearly fall short, not least because most high-income countries are still failing to meet their financial commitments. We reviewed the pathways taken by the countries that agreed to the UN 0.7 percent target on overseas development assistance as a share of national income, and find that—perhaps unsurprisingly—aid as a share of the economy rises with per capita income.
CGD Policy Blogs
For much of the last decade, the World Bank’s private sector arm, the International Finance Corporation (IFC), has delivered a share of its profits as grants to the World Bank Group’s soft lending arm for governments, the International Development Association (IDA). In the last couple of years that pattern has reversed.
USDFC Monitor: Three Things We Hope to Hear from Adam Boehler, the White House’s Nominee to Lead the DFC
President Trump’s pick to lead the new US International Development Finance Corporation (DFC), Adam Boehler, is slated to appear before the Senate Foreign Relations Committee tomorrow. The nomination hearing is an important step toward Senate-confirmed leadership for the new agency, which is scheduled to open its doors October 1.
How much progress is made in achieving the Sustainable Development Goals (SDGs) is likely to depend crucially on resources low and lower-middle income countries (LIC/LMICs) can mobilize domestically. This is because the financing needed to achieve the SDGs is large.
The grim picture for SDG-related infrastructure finance in low-income countries (LICs) is by now familiar. Nancy Lee examines salient evidence about the state of funding for infrastructure in LMICs.
To better understand CDC’s unique experience with equity, including how it helps the London-based agency achieve development impact—and with an eye toward lessons for the USDFC—we posed a series of questions to CDC’s Chief Operating Officer, Colin Buckley.
As the use of impact bonds continues to grow, we ask whether results-based financing mechanism are able to fulfil their promises.
Trust funds are often regarded within donor agencies, such as DFID, as a useful mechanism to bypass lack of consensus within the multilateral, or to circumvent bureaucratic obstacles. But trust funds should properly be regarded as second or third best solutions.
China’s New Debt Sustainability Framework Is Largely Borrowed from the World Bank and IMF. Here’s Why That Could Be a Problem.
Is China's newly announced DSF up to the task?