Multilaterals Archives

Multilaterals

World Bank: The Digitalisation of Capital Markets Can Boost Bond Market Efficiencies

Since its creation in 1944, the World Bank has issued bonds to raise funds from private investors that have mobilised close to $1tn for sustainable development projects and programmes in middle-income countries. But while both the World Bank and the

UNCDF: Time to ‘Youth-Up’ – the Status Quo Simply Has to Be Adjusted

“It’s time to sustainably invest in youth affairs and future generations”, argues Edoardo Tancioni. As the world grapples with conflict, climate change and Covid, one thing is abundantly clear: the exigency to focus on youth. International forums increasingly feature the

World Bank: Tackling Development Crisis Through Financial Innovation

The World Bank uncovers fresh avenues to increase financing capacity. Global development faces multiple crises: Growing debt burdens, inflation, and the rising cost of finance have made the economic path rockier. These challenges, together with the escalating climate emergency, have

OECD: What Will It Take to Achieve UN’s Sustainable Development Goals?

Achieving the UN’s Sustainable Development Goals (SDGs) requires financial and non-financial investment to discover sustainable development pathways. One of the key elements is securing enough capital. Development finance providers are working to mobilise commercial finance. They are designing blended finance

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

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

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

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

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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