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Blog Post
February 21, 2024
So: how do donor governments actually use their subsidies to the private sector to support mitigation and development projects around the world? The process usually starts with a private company (the project sponsor) asking a development finance institution (DFI) like the World Bank Group’s Internat...
Blog Post
April 28, 2022
The idea that shavings of public gold sprinkled like fairy dust on private investment projects would bring to life a giant array of infrastructure and services which in turn would gift us wondrous progress in development hasn’t worked out. It is time to drop the fantasy and focus instead on the test...
Blog Post
December 09, 2021
The last week has demonstrated the level of security theatre that has often been involved with travel bans put in place to reduce the spread of COVID-19. But heavy travel restrictions have played a role in the strategies of some of the countries that have most successfully battled the pandemic. As p...
Blog Post
July 22, 2020
Policy forged at pace and during extreme circumstances will often leave something wanting. We want more resilient supply chains, but we shouldn’t sacrifice the benefits that existing supply chains have created, nor should we needlessly penalize developing countries in the race for resilience.
Blog Post
July 07, 2020
Philippe Le Houerou, the Chief Executive of the IFC has announced his intention to step down in September. His legacy will include a significant effort to focus the work of the corporation on development impact and the world’s poorest countries. Le Houerou has had some success. But a look ...
Blog Post
July 06, 2020
Imagine the young George Washington said, “I cannot tell a lie. I did not cut down the cherry tree,” then added sotto voce, “’twas the hatchet that did it.” Multilateral development banks (MDBs) and development finance institutions are dissembling in the other direction when it comes to their impact...
Blog Post
April 07, 2020
Non-medical masks are a comparatively affordable intervention that could be rolled out at scale in developing countries, were WHO guidance to change. At the moment, apparel firms in developing countries have considerable spare capacity because of cancelled orders. Taking all of this into accoun...
Blog Post
November 13, 2018
It is now abundantly clear that aid money will provide only a fraction of the resources needed to reach the Sustainable Development Goals. That realization came early on, and it was a central theme of the Addis Financing for Development conference of 2015, held before the SDGs were even signed.