Development Finance

The murky business of Private Sector Instruments

  • Development Finance
  • Aid Quality
  • Type Event
Eurodad

A webinar series on private finance in aid

Join Eurodad for two webinars that will take a close look at the relationship between private finance and aid.

Register here

  • Development Finance
  • Aid Quality

CSOs' proposal for a transformative IDA21 replenishment

Ahead of the IDA Forum happening on 22 October, a group of CSOs released a set of policy proposals for an ambitious policy framework that would truly deliver for people living in the lowest-income countries.

  • Development Finance
Farwa Sial

Reflections ahead of the 2024 Annual Meetings: is a “Future-Ready” World Bank Group just another buzzword?

One year ago, at the time of the Annual Meetings in Marrakech, WBG President Ajay Banga said “I don’t subscribe easily to buzzwords about how to do things”. This was in response to CSO concerns about the use of the ‘cascade approach’ to development – a phrase coined by the WBG seven years ago. In plainer English it means the WBG seeks to leverage private finance in support of development and climate projects. Today, ahead of the 2024 Annual Meetings, which mark the 80th anniversary of the institution, the World Bank Group says it aims “to create a future-ready World Bank Group.” This sounds like yet another buzzword to us.

  • Development Finance
  • IFIs

Join Eurodad and partners at the CSPF and WBG/ IMF Annual Meetings 2024

Join Eurodad and partners at the Civil Society Policy Forum and World Bank Group - International Monetary Fund Annual Meetings from 21 to 25 October.

  • Development Finance

Global Gateway risks diverting EU aid budget to big business

  • More than 60 percent of the projects analysed benefit European companies like Siemens or Suez

  • Only 16 percent of all Global Gateway projects invest in key development sectors such as health and education 

  • Development Finance

Who profits from the Global Gateway? The EU’s new strategy for development cooperation

This new report by Counter Balance and Eurodad, and supported by Oxfam, analyses in detail the Global Gateway and focuses on 40 of its flagship projects - notably in energy and climate (including raw materials), digital, and health sectors. It dives deep into the question: is the Global Gateway advancing the EU's foreign policy and corporate interests at the expense of real development in its partner countries?

  • Development Finance
Matthew Simonds

Debate on the future of international development cooperation underway

Following the close of the Summit of the Future, a common belief and consistent narrative seem to be taking shape among civil society and other critical actors that has not yet been reflected within the official proceedings. That belief and narrative? That the current international aid architecture is failing and a new and transformative approach to how international development cooperation is governed at the global level is needed. The Fourth International Conference on Financing for Development (FfD4), taking place in Sevilla (Spain) next year, is a major opportunity to achieve that.

  • Development Finance
  • Aid Quality
Lavinia Steinfort

Fostering a global public financial ecosystem for development and climate action

The Think Tanks (T20), one of the engagement groups of the G20, recently released the policy briefs that it commissioned earlier this year, as part of the Brazilian G20 presidency. Eurodad contributed to one policy brief that advocates for a global ecosystem of public national and multilateral development banks that can serve as a pillar for democratic, accountable, and transparent finance for development and climate action. This ecosystem should be grounded in public-public collaboration, rather than in the risky over reliance on private finance that dominates much of the practices today.
  • Climate Finance