over 2 years ago // World Bank
African states say fighting hunger and energy access must be prioritized as part of the reform process at the World Bank, a pushback against the narrow wealthy nations' focus on overhauling the lender to tackle climate and pandemics.
over 2 years ago // Climate finance
Mia Mottley's initiative seeks to overhaul global finance to make climate finance available to vulnerable countries that are historically low carbon emitters. Three experts explain what's at stake.
over 2 years ago // Finance
Nine experts say multilateral development bank reform is possible — at a cost.
over 2 years ago // Finance
IMF staff prove that African nations are paying more than governments in other regions to borrow money. However, there is a solution: specific reforms will ally investors' concerns and lower the cost of borrowing, helping fuel development.
over 2 years ago // World Bank
A tight-knit group of finance experts safeguards the money that makes the World Bank run. Some $400 billion in loans run through the treasury unit, which galvanizes investors to put their savings into funding development.
over 2 years ago // Finance
During the zero interest rate party, financial inclusion projects saw an inflow of investments. But now investors are backing off, and progress is at risk. The chief investment officer at Accion says it's now time for global institutions to step up.
over 2 years ago // Devex Invested
In this week's edition: failed legislative efforts to force private sector bond investors to negotiate debt relief for lower-income countries; what’s behind U.S. DFC’s reorganization, and British International Investment comes under fire.
over 2 years ago // Finance
Debt service payments have more than doubled since 2011 in the world's poorest nations. This means they cannot spend on health and education and break cycles of poverty, let alone make needed investments to defend against climate change.
over 2 years ago // World Bank
The Indian-born former Mastercard executive has a fanbase across the financial world who are convinced he can deftly reform the World Bank for the modern era. But it's a time of polycrisis and competing demands, making it a tough task.
over 2 years ago // World Bank
If David Malpass could change one thing, he'd solve the debt crisis hitting low-income countries. In an exit interview, the outgoing World Bank chief says the lender needs to keep evolving to stay relevant - and effuses pride in the bank's staff.