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OECD: Only Scale and Development Impact Will Help Us Reach the SDG Mountain Summit

The development community is used to responding to crises but current events, not least COVID-19, have put the SDGs further out of reach.  The private sector is recognised as a key contributor to delivering the SDGs by the development community

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IFC: After Glasgow, Four Steps to Keep Us On Track

The UN Climate Conference in Glasgow saw a flurry of commitments and proposals to limit temperature rises to 1.5°C. While there was concrete headway on several fronts, COP26 also underscored the enormity of the task still ahead. Four clear signposts

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World Bank on COVID-19: The Road Back Must Be Green, Resilient, and Inclusive

By Axel van Trotsenburg World Bank Managing Director of Operations COVID-19 has imposed a deeper, more widespread shock than the global community has faced in many decades. The pandemic is causing illness and death, disrupting livelihoods, and potentially pushing an

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Geoffrey Okamoto, First Deputy Managing Director of the IMF: Knightmare Uncertainty

The American economist Frank Knight theorised about the difference between risk and uncertainty in his classic book Risk, Uncertainty and Profit. Risk is “a quantity susceptible of measurement.” A precise outcome may not be known, but the probability of a

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World Bank’s Vice President for Infrastructure: Now is the Time to Rethink Transport and Logistics

Covid-19 has had a huge impact on transport. The response to the pandemic, from social distancing to lockdown policies for affected areas, has disrupted mobility and connectivity everywhere. It has had cumulative impacts on the basic infrastructure and systems that

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Q&A with the Executive Secretary of the UNCDF: Judith Karl

How would you sum up in three single words what characterises your team at UNCDF? Innovative Nimble Trusted What are you trying to accomplish? We aim to make finance work for the poor. In the current global financial ecosystem, finance

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Otaviano Canuto, Center for Macroeconomics and Development: China’s Rebalancing Act is Slowly Addressing Sliding Growth Figures

China’s economic growth has been sliding since 2011, while its economic structure has gradually rebalanced toward lower dependence on investments and current-account surpluses. Steadiness in that trajectory has been accompanied by rising levels of domestic private debt, as well as

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Chile Minister of Economy, Development, and Tourism José Ramón Valente: Escaping the Middle-Income Trap

Early in November, the International Monetary Fund (IMF) paid homage to Chile’s economic resilience and progress. It lavished praise on the country for its willingness to embrace the structural reforms with which the administration of Chilean President Sebastián Piñera aims

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UNCDF: Bringing New Parties to the Table – Engaging the Private Sector to Drive Investment into Least Developed Countries

It is widely understood that the world is falling far short of the funding flows required to achieve the Sustainable Development Goals, particularly in the world’s 47 poorest countries, known as Least Developed Countries. The financing gap is estimated at

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World Bank: Infrastructure Financing Options – Bankable Projects for Private Investors

Strategic investment funds have emerged as a way of addressing gaps in the infrastructure investment lifecycle. These funds are wholly or partially owned by governments or other public institutions, and are designed to mobilise private investment to key economic sectors.

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