Farwa Sial

Farwa Sial

Blended finance can perpetuate climate colonialism

Blended finance took centre stage at COP28, with the Green Climate Fund among its supporters. But there are still major problems with the concept that must be addressed before considering any further expansion.

Read the full opinion piece on Climate Home News.

  • Development Finance
Farwa Sial

Blended finance for climate action - Case studies

These two case studies accompany the report "Blended finance for climate action: good value for money?", written and coordinated by Eurodad, and supported by ActionAid.

French version | Spanish version

  • Publicly-backed Private Finance
Farwa Sial

Blended finance for climate action: good value for money?



This paper has been written and coordinated by Eurodad, and supported by ActionAid. It explores trends, risks and opportunities of blended finance for climate action and highlights ways of ensuring that blended finance empowers communities, rather than create dependencies on richer countries. 

English version | French version | Spanish version

  • Publicly-backed Private Finance
Farwa Sial

Old money, old projects and old ideas: So what’s new about the EU’s Global Gateway?

Dr Farwa Sial, Senior Policy and Advocacy Officer at Eurodad, analyses the latest developments in the EU's Global Gateway.

  • Development Finance
Xavier Sol

The Emperor’s New Clothes: What’s new about the EU’s Global Gateway?

In 2021, European Commission President Ursula von der Leyen presented the EU Global Gateway in her State of the Union speech. She claimed it was the EU’s new flagship strategy, investing in infrastructure to counter the influence of China’s Belt and Road Initiative. One year later, a new Eurodad and Counter Balance report reveals that the Global Gateway lacks a clear development mandate.

  • Development Finance
  • Counter Balance
Hamdi Benslama

The 6th EU-Africa Summit: Plenty of rhetoric, very little substance

The 6th European Union-African Union Summit was held in Brussels last month. This event - which is held every three years is designed to offer a separate platform for dialogue and setting a common political agenda, along with the existing set of policies between the members of the EU and AU.

  • Development Finance
Farwa Sial

Banking on development? The rise of the EIB as a development bank

On 1 January a new development branch of the European Investment Bank (EIB) went into operation. This was approved by the bank’s Board of Directors in September 2021, following relatively limited conversations on how to improve the European architecture for development. This branch aims to reorganise the EIB’s activities outside the European Union and enhance engagement with external partners through the provision of targeted strategies and services. 

  • Development Finance
Farwa Sial

The Private Sector Window in World Bank’s IDA20: Where exactly is the development impact?

The proposed increase in the International Development Association's much criticised private sector window ignores civil society's concerns that it lacks adequate safeguards and reporting mechanisms to ensure that this is the best use of IDA resources. In this blog, we set out the case for redirecting these resources towards public investment

  • Development Finance
  • Covid-19
Farwa Sial

Second Finance in Common Summit: Still steering Public Development Banks down the same privatisation path

On 19-20 October, the 2021 Finance in Common Summit (FiC) brought together more than 500 Public Development Banks (PDBs) from around the world. Following the first FiC summit last year, this year’s summit was also focused on the role of PDBs in mobilising financial resources to achieve the 2030 Agenda and the Paris Agreement. Key themes of this year’s summit included the goal of transforming food systems, adaptation to climate change and the preservation of biodiversity.

  • Development Finance
Farwa Sial

Joint Statement on World Bank’s IDA20 replenishment

Today, AFRODAD, the Bretton Woods Project and Eurodad issued a joint statement ahead of the World Bank's International Development Association (IDA) October Forum, which will address critical issues regarding ongoing discussion over IDA20 replenishment. This comes ahead of a meeting of IDA Deputies later this month.

  • Development Finance
  • IFIs