The year ahead will be pivotal in development finance. Against a backdrop of geopolitical and economic instability, it will be hard for low-income countries to access capital as many face debt distress.
As the World Bank continues its reform efforts, one question is how changes might go beyond that institution to the broader development finance system and its myriad institutions.
While many of them may get a capital boost in the year or two ahead, that’s not enough, experts told audience members at a recent Devex Pro event.