British International Investment (BII) is the United Kingdom’s development finance institution (DFI). It is entirely owned by the UK government
With the increasing reliance on development finance to mobilise resources and catalyse private sector initiatives and finance at scale for
UN Public Service Day has been observed on June 23 since 2002. On this day we celebrate the value of public service and the important contribution of efficient, accountable and effective public administration for achieving global development goals.
Rejection of the jab from parts of the population remains a challenge for achieving increased immunisation coverage and, consequently, the end of the pandemic. Because vaccine hesitancy is largely driven by lack of trust in governments, rebuilding trust in governments is essential for a successful global vaccination campaign. Trust is an essential attribute of social cohesion and socially cohesive societies are more resilient during crisis. The current one is certainly not the last we will face.
2022 is set to be dominated by three global tasks: (a) the fight against the COVID-19 pandemic, (b) the climate-stabilising redesign of our economic and social systems, and (c) the negotiation of a multi-polar and rule-based world order.
Geopolitics has an important role to play in securing the health of both people and planet. Indeed, businesses cannot be asked to govern the planet’s health if some of the most polluting countries in the world are not on board. Successful governance of planetary health depends on geopolitics and cross border implementation. It also demands that special attention be paid to the interlinkages between businesses, environmental justice and inequalities. All of these are crucial to advance the universal right to a safe, clean, healthy and sustainable environment.
Elcano and ETTG have published the report on the rise of public development banks in the European financial architecture for development which shows how PDBs are critical in promoting resilience to shocks (financial, economic, pandemic, climate, etc.), stabilise the economy and foster a more rapid long-lasting recovery. The report also stresses the importance of medium- and long-term finance for development that can help building markets and promoting economic transformation in a sustainable, green, inclusive and gender-sensitive manner.
In spite of all the anger and frustration that was palpable especially during the final iterations of the Glasgow cover decision, it would be too bleak to consider COP26 as a mere waste of time and effort. Much rather, the Glasgow package delivered a hefty lump for all Parties to chew on. As of now, it remains hard to tell how palatable individual Parties will find their haggis once they take it to their domestic tables. But if they now act even upon the half-hearted words of the Glasgow Climate Pact, the implementation of the Paris Agreement could finally gain traction. Ultimately, the proof of the haggis will be in the eating.
Africa is a missing piece of the ‘Global Britain’ jigsaw, one that needs to be put in place. And it is a continent where Britain needs to work not only with African countries but with European ones too. This requires a more positive relationship with both.
This synthesis note presents one-page overviews of the main findings and recommendations in relation to the five themes, which are discussed in greater detail in the policy briefs that have been published during the past months. A link to the full policy brief is included at the end of each one-pager. These thematic overviews are preceded by a short analysis of the relationship between Africa and Europe and five proposals for strengthening the continent-to-continent dialogue on sustainable development.