How Can the G20 Support Innovative Mechanisms to Mobilise Financial Resources for LDCs in a Post-Pandemic World?

The covid-19 pandemic has generated severe health, economic and debt crises for the least developed countries (LDCs). On the one hand, they cannot mobilise sufficient financial resources on their own to cope with the effects of the pandemic because their public revenues are too low and external finance is not always available. On the other hand, many LDCs have been highly indebted, even prior to the crisis.

Still on track? The UN Climate Conference has to prove that the Paris Agreement is working

Five years after the Paris Climate Agreement entered into force and one year after the COVID-enforced hiatus, the 26th Conference of the Parties to the UN Framework Convention on Climate Change (“COP26”) will convene in the Scottish city of Glasgow on 31 October. At long last! Amongst its most important tasks will be advancing the implementation of the Paris Agreement by resolving the remaining issues surrounding its rules for implementation.

Supporting developing countries for a global sustainable recovery: lessons from the Italian G20 Presidency

A series of high-profile events has added up to making 2021 a crucial year to tackle the global sustainable development agenda and present a unique opportunity to drive a virtuous circle of political commitment, regulation, and financial flows towards sustainable recovery in developing countries, which is a key issue of this year’s G20 cycle. Bringing the voice of developing countries in the global multilateral agenda is not easy to tackle due to different and often competing political priorities. This blog draws lessons from the Italian G20 Presidency to inform the development policy considerations and efforts of the upcoming Indonesian, Indian and Brazilian G20 Presidencies. These Presidencies have a great potential to prioritize sustainable recovery in the Global South in their own, as well as in cooperation with the G7 and EU Presidencies when appropriate.

Financing the 2030 Agenda: An SDG alignment framework for Public Development Banks

The present study is the product of the European Think Tanks Group (ETTG) collaboration aiming both to propose a definition of SDG alignment and to provide concrete principles to further operationalise and promote such alignment in practice.

Multilateral finance in the face of global crisis

This ODI briefing explores how the diverging fortunes across countries have come to pass and the limitations of the multilateral initiatives intended to support a global response. It focuses especially on the multilateral financing measures that have been put in place to combat the crisis and looks at some of the changes that would be required to support a more effective response in future.

Supporting the Global South in tackling climate change: where is the G20 heading?

A recent IAI study has argued that several shortcomings in the climate and development finance systems undermine the capacity of countries in the Global South to tackle climate change¹. Insufficient resources, lack of focus on adaptation, inadequate management of climate risks, the vicious circle between indebtedness and climate vulnerability are some of the major obstacles.