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Development Finance

Zambia hails IMF debt deal as it promises a sustainable path ahead

By Shabtai Gold

Zambia marks a "happy" moment, as it reaches a $1.3 billion bailout deal with IMF, as it hopes to recover from years of mismanagement and begin a sustainable path forward.

Opinion: The underexploited potential of the ESG framework

The way the environmental, social, and governance framework is applied can be problematic. Yet, one of many proposed solutions — dismantling the ESG framework to focus only on the E, and more specifically on emissions — is equally concerning.

Islamic NGOs say they endure systematic financial discrimination

Muslim NGOs in the U.K. say unexplained and punitive financial measures are blocking them from responding to humanitarian disasters in high-risk areas. They want banks to explain themselves.

Ukraine war, pandemic derail FMO in its 'Reducing Inequalities' measure

The bank is off track in reaching its target of just over $1 billion in its "Reducing Inequalities label," which focuses on investing in the world’s low-income countries and in inclusive businesses.

Devex Invested: FMO plays catchup as global crises hamper its goals

In this week's edition: The Dutch development bank's 2022 half-year report shows it's behind on its investments aimed at reducing inequalities, IMF wants to close the gender gap, and a new fund for gender-inclusive fintech.

Money Matters: Who’s winning FCDO business?

In this week's edition: the top 10 winners of FCDO's contracts for 2021, what to know about pursuing a career with USAID, and the development implications of the Kenyan presidential election outcome.

How Mastercard’s corporate philanthropy work spurs financial inclusion

The Mastercard Center for Inclusive Growth has tried to partner more closely with its parent company, and its founder Shamina Singh says it has reaped the benefits.

Opinion: Here we go again … Pandemic preparedness financing

Excluding voices from lower-income countries and civil society could doom the World Bank's new pandemic tool — the Financial Intermediary Fund — from the start.

Devex Invested: A tug of war between credit ratings and capital

In this week's edition: how to work with the World Bank, impact investing in the wake of the Ukraine war, and a new body oversee GFANZ commitments.

Money Matters: USAID’s local contract funding is falling

In this week's edition: USAID struggles with localization, how to do business with the World Bank, and the knock-on effects of the food crisis.

Opinion: How the impact movement can help rebuild Ukraine and beyond

From small- and medium-sized enterprise finance to bond issuance at significant scale, the impact movement can help Ukraine rebuild while also addressing future global challenges.

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Innovative Finance Solutions

Exploring how innovation can build sustainable financial solutions, presented by the European Investment Bank.

What have we learned about development impact bonds 10 years on?

UNICEF match fund aims to catalyze domestic resources for malnutrition

Q&A: EIB Global paves the way for private investment

Experts outline governing principles to fund climate loss and damage

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