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Blog Post
June 05, 2024
In 2015 the nations of the world agreed at the United Nations on 17 Sustainable Development Goals (SDGs) to be reached by 2030. The SDGs are the closest the world has come to a definable and measurable global social contract.
The SDGs do not constitute a legally binding contract; there are no pen...
Blog Post
February 08, 2024
With several replenishment campaigns set for 2024-2025, a fundraising pileup is on the horizon. Close to a dozen major development funds—including the World Bank’s International Development Association (IDA), thematic funds like Gavi, and new entities like the Loss and Damage Fund—could aim to raise...
Blog Post
February 01, 2024
As the urgency and scale of development and climate challenges become more obvious and alarming, we have seen a surge in interest in how multilateral development banks (MDBs) can help low- and middle-income countries meet these challenges. Much of that focus has been on the volume of their finance, ...
Blog Post
October 26, 2023
Call it a sign of the times: negotiations around the creation of a new Loss and Damage Fund for climate are breaking down, with developing nations and advanced economies at a familiar impasse. The Loss and Damage Fund—a fund meant to compensate vulnerable countries for climate impacts—is supposed to...
Blog Post
October 13, 2023
In fundamental ways, this era differs from the final decades of the last century. Climate change has set many parts of the world on fire and sharply raised risks from underinvestment in mitigation, adaptation and resilience (both climate and health). War on a large scale has returned to Europe, re-e...
Blog Post
October 10, 2023
One burning question is if the World Bank - together with the regional development banks - will use their potential in decarbonising the world economy. The first step in barricading the gates of hell has to be decarbonising the energy sector. It contributes the most to global greenhouse gas emission...
Blog Post
September 21, 2023
The likelihood of capital increase for the World Bank’s non-concessional lending arm, the IBRD, appears to be climbing. At least an odd European government appears to be doing some preparatory work for it. But any negotiations around a capital increase may be complex. Large shareholders and borrowe...