Category: Front Page

GDP Center Round-up: 4th International Conference on Financing for Development

By Samantha Igo As a record-breaking heat wave strains energy grids and risks public health across Europe, policymakers, activists and experts convene in Seville, Spain from June 30 to July 3 for the highly anticipated 4th International Conference on Financing for Development (FFD4). These rather rare policy events (the last was 10 years ago in […]

Investing in Climate and Development: The Evolving Role of the International Financial and Tax Architectures

Addressing the intertwined challenges of climate change and growth in emerging and developing economies requires an urgent and unprecedented increase in climate-aligned investment. Increasing investment is essential to addressing the negative effects of climate shocks on growth and productivity. This comes at a time when the world, and developing countries in particular, are experiencing slowing […]

Are Multilateral Development Banks Big Enough, and How Can We Tell?

By Rishikesh Ram Bhandary When governments met for the 3rd International Conference on Financing for Development in Addis Ababa, Ethiopia in 2015, they asked multilateral development banks (MDBs) to examine the adequacy of their resources to support the sustainable development agenda. After Addis, there was indeed an uptick of general capital increases for MDBs; however, […]

The Jubilee Report: A Blueprint for Tackling the Debt and Development Crises and Creating the Financial Foundations for a Sustainable People-Centered Global Economy

Developing countries are facing dramatic debt and development crises where, to meet obligations to their external creditors, debt-distressed countries are sacrificing investments in education, healthcare, infrastructure and climate resilience. A reason for the debt situation is that the international community failed to address the flaws in the global financial architecture and to enable and embolden […]

Lighting Up Africa: Chinese Development Finance’s Impact on Energy Poverty

By Yan Wang and Yinyin Xu Energy poverty remains a persistent and widespread development challenge across Africa, where more than 600 million people, primarily in sub-Saharan regions, still lack reliable access to electricity. This situation accounts for over 80 percent of the global electricity access gap. Even though many African countries are rich in natural […]

Empowering Africa: The Impact of China’s Power Finance on Energy Poverty

Energy poverty is a pervasive and persistent development issue in Africa. Despite the continent’s rich natural resources, the “resource curse” remains a reality for countries with insufficient generation capacity, aging power plants, weak institutions and a lack of affordable energy finance. Additionally, the continent faces crippling energy deficits driven by urbanization and industrialization, coupled with […]