There is a growing concern about the potential impacts of climate change on financial stability but little quantitative evidence is available on the potential magnitude of financial risks induced by climate extremes. An accurate assessment of climate physical risk is fundamental for global financial risk management. In a new journal article published in Nature Climate […]
By Justin Yifu Lin, Yan Wang and Yinyin Xu The Bretton Woods system, established 80 years ago in July 1944, is in need of an update. Even though numerous countries in the Global South have demanded reforms to make the system fit-for-purpose in the 21st century, progress has so far been slow. A case in […]
By Jiaqi Lu The exchange of knowledge, technology and resources among developing countries through South-South cooperation has been crucial in driving green development forward. Over the past two decades, China has emerged as a key player in South-South cooperation through its development initiatives, including development finance and recent support for renewable energy. A new special […]
The systemic impacts of climate change and environmental degradation are evolving profoundly, highlighting the vulnerability of public systems and governance capabilities in developing countries under multidimensional challenges. From a regional perspective, developing countries in Southeast Asia, Africa, Latin America and other regions are facing the dual challenges of development and climate change. At the same […]
By Tianyi Wu For those suggesting China has disengaged from its cooperation with Africa, Chinese leader Xi Jinping sent a clear message at the recent ninth Forum on China-Africa Cooperation (FOCAC): China is back and reaffirming its commitment to support “modernization” in African countries, offering its own development model as an example. How will this […]
By Seynedhee Avenie Imagine navigating a bustling city like Addis Ababa, where the aroma of coffee and teff mingles with the dynamic rhythm of daily commutes. Yet, amidst this vibrancy, there lies a critical issue that often goes unnoticed: the unequal access to transportation experienced by different segments of the population. The focus of a […]
By Vidhu Priya Mukundan What do we know about women’s political participation and their engagement with the government in urban democracies? With increasing discourse on the need to increase women’s electoral and political participation, its impact on women’s policy preferences, public health services and promoting economic and social rights, there is a gap in understanding […]
By John Hassett For decades, a key goal of activists and policymakers has been involving women in politics. Achieving gender parity in the political realm – that is, seeing more women running for and winning political office – is not merely a rhetorical goal. In fact, research has shown that women bring unique perspectives and […]
The global financial system has been facing a series of challenges, including high levels of indebtedness, climate shocks, inflation and higher-for-longer interest rates. Many in response have called for the international financial architecture to ensure a more equitable and resilient Global Financial Safety Net (GFSN), or the set of institutions tasked with providing emergency liquidity […]
By Julia DeAngelo There is a wealth of information on the mental health challenges across the globe. Whether global prevalence rates, specific population variations, differing access to mental health services, or the impacts of global or local events are being examined, there is great, documented need for mental health support. Depending upon the situation, a […]