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.

ODI: A 'shot in the arm' for multilateral cooperation - why international public finance should step up its game for global vaccination

A ‘shot in the arm’ for multilateral cooperation – why international public finance should step up its game for global vaccination

This week the Organisation for Economic Co-operation and Development (OECD) has published the preliminary data for 2020 on Official Development Assistance (ODA).

Continue reading

How European financial institutions can work better together for sustainable and green (co-)investment in times of COVID-19

How European financial institutions can work better together for sustainable and green (co-)investment in times of COVID-19

The unprecedented scale of the crisis generated by the COVID-19 pandemic calls for greater empowerment of international, European and regional financial institutions for development, development finance institutions (DFIs) and public development banks. They all need to step up their efforts, to ‘build back better’, in a greener, more inclusive and gender-sensitive manner. This paper suggests ways to do that, adjusting the current business model of financial institutions for development to align and coordinate European investments for development.

ETTG OECD Webinar - Weathering the storm: what role for multilateral development finance in response to the COVID-19 crisis

ETTG webinar event in cooperation with OECD – Weathering the storm: what role for multilateral development finance in response to the COVID-19 crisis

On Thursday 29 of October at 16:00 pm (CET) we hosted a webinar event in cooperation with OECD on multilateral development finance in response to the COVID-19 crisis. The webinar investigated the dynamics of the Multilateral Development Finance framework in the wake of COVID-19, and made concrete recommendations on the most effective and impactful ways forward.

https://www.flickr.com/photos/guidomenato/33026875806/in/photolist-Sjtnxd-So9Sjz-PoMt6Z-bEKDWK-fPsm5A-brQvnh-fPaMB6-brQAgY-7Eb7VP-eqkLsP-eqkK6H-iC8w7-Q5wy7Y-bEKgvr-FNwHmk-fGBXy-eqJ9ot-qkmTWY-WWrzpu-eqnkJ4-eqnnwD-iC7DP-brQms3-bEKwuR-erGnRU-eqHVAi-eqn3Ck-erEhGf-eqL6ki-bEKyFk-eqJcXt-erhgd5-eriVzG-9tK2xL-qwV2m3-eqHFQM-erEjqN-iC8KW-8GXR95-7EeUVL-zE1TcQ-rcB8kL-erEU7f-af96BJ-eqkpEv-erECny-ergXD3-brQNdf-erGgZQ-erFZ3U

Covid-19 and financial access: supporting low-income businesses and households in Africa

Financial access in Africa has been on the rise in the last decade. It has a critical role to play in increasing the resilience of households and supporting their livelihoods. Maintaining this role is vital to tackle welfare and income losses stemming from the Covid-19-sparked economic crisis.

Towards an EU global COVID-19 response 2.0: Boosting smarter finance

Towards an EU global COVID-19 response 2.0: Boosting smarter finance

The ‘Team Europe’ approach should be a rallying point for the active engagement of EU member states and financial institutions, to respond to the COVID-19 crisis and achieve the Sustainable Development Goals. While keeping its priorities, notably towards a value-based approach, resilient health systems, a greening of the recovery and digitalisation, the EU should put greater emphasis on food security and sustainable food systems. Moreover, women should have a central place in the EU’s global response 2.0.

MFF Workshop in Paris - Report

MFF Workshop in Paris – Report

The multi-annual financial framework report was based on a previous physical workshop event which took place in Paris on January 2020 and which brought together key players in France to agree on the conditions allowing to secure an ambitious budget dedicated to external action (“Heading 6”), particularly for the challenges of sustainable development in southern countries. The workshop and the report was also an opportunity to reflect on the role of the European Union’s external action policy.