From 10-12 November, the first summit of Public Development Banks, the Finance in Common Summit, will be held.
Eurodad’s work focuses on the quantity and quality of development and climate finance and aims to maximise its potential as a catalyst for much needed economic, social and ecological transformation in developing countries, especially least-developed countries. We produce research and provide a platform for results-focused CSO work.
What is it?
The current mainstream narrative on development finance prioritises private finance to close the gap to finance the Sustainable Development Goals (SDGs). Public resources and institutions are used to subsidise private finance, which risks undermining the transformational potential of public finance and Official Development Assistance (or aid). They are vital and irreplaceable resources for eradicating poverty and tackling inequalities.
Eurodad’s excellent research has been showing the risks and negative impacts of public-private partnerships (PPPs). There are alternatives, instead of austerity cuts and PPPs, countries have many options to expand fiscal space for development.
Isabel Ortiz, Director, Global Social Justice Program Initiative for Policy Dialogue, Columbia University
Eurodad plays an incredibly important role in the sector in Europe and beyond both as a critical source of expert information and analysis as well as pulling the sector together to advocate for better and more equitable financing for development.
Amy Dodd, Head of Engagement, Development Initiatives
Development Finance Institutions and Covid-19: Time to reset
A new analysis of how Development Finance Institutions are responding to the Covid-19 crisis suggests they are unable to foster...
Never let a pandemic go to waste: How the World Bank’s Covid-19 response is prioritising the private sector
The Covid-19 pandemic has triggered health, economic and social crises of unprecedented proportions that have the potential to seriously undermine...
International development and the next EU budget
An analysis of the European Commission's proposals on EFSD and EFSD+ in the revised NDICI and Next Generation EU.