In this guest contribution for ECDPM, Dr Jide Martyns Okeke argues that collective African leadership and deliberate investments in boosting intra-African trade and digital transformation could accelerate the quest for silencing the guns on the continent.
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.
The German post-crisis recovery plan was unveiled by the coalition government on the night of June 3-4. With a total volume of €130 billion, and therefore much higher than initially expected, it provides for nearly €35 billion for climate-friendly investments, particularly in the transport sector and in the development of a hydrogen industry, partly based on the proposals made by Agora Energiewende.1 Although the initial assessment is rather positive, efforts are still required, particularly in the buildings sector, for the acceptability of renewable energies or the reduction of electricity taxation. The recovery plan as presented sends a strong signal regarding the direction the German economic and climate policy will take, as the country will take over the rotating Presidency of the Council of the European Union as of July.
The Friedrich-Ebert-Stiftung’s (FES) Africa Department and EU Office organised a webinar series with the title “What’s the offer? A new
For the second time over the last ten years, low-income economies are confronted with the challenge of overcoming a macro crisis they did not spark and for which they have disproportionally poor capacity to cope with compared to high-income countries. In this context, development finance institutions (DFIs) have an important role to play, both during the crisis and for the recovery.
International development cooperation risks being deeply affected by the global COVID-19 pandemic, with potentially disastrous consequences among fragile states.
Niels Keijzer and Simon Maxwell analyse the peer review of EU aid, highlighting six main issues on EU development finance.
In order to deliver the outcomes set out in the Paris Agreement on climate change vast sums of finance must
ETTG in collaboration with IFC and UNHCR organizes an half-day event to discuss the role that the private sector can play in providing solutions to empower refugees and their host communities in developing countries, including through innovative approaches towards refugee camps and cities.