The dual crises of Covid-19 and climate change represent an opportunity for the European Investment Bank (EIB) to become the world's first Climate Bank. 2020 also marks the year in which the EIB will develop a Climate Bank Roadmap.

Debt relief should not be reported as ODA. In the coming weeks, DAC members need to decide what is most important to them: allowing ODA double counting and inflation to create incentives to reward debt relief or upholding the credibility, integrity and solid reputation of DAC statistics.

An analysis of the European Commission's proposals on EFSD and EFSD+ in the revised NDICI and Next Generation EU.

The Covid-19 pandemic is in danger of seriously undermining the capability of developing countries to achieve the Sustainable Development Goals (SDGs). Helping these countries to respond adequately to the health emergency and economic fall-out requires a broad range of systemic measures and close international cooperation.

#Covid-19 #EurodadPF20 #IFF #Webinar #COP26 #UN #WorldBank #NetworkStrengthening #DevelopmentInitiatives

The Next Generation EU fund offers a step in the right direction, however it must work to strengthen climate and environmental action, development co-operation, human development, gender equality, human rights and democracy, humanitarian assistance and peacebuilding.

#Covid-19 #IMF #Debt #DevelopmentFinance #CONCORD #HumanRightsWatch #LebanonSupport #JobVacancy

#Covid-19 #Paris #Argentina #Debt #GreenDeal #OECD #Development #ActionAid #JobVacancy

The rules on how debt relief should be counted as Official Development Assistance are currently being negotiated by the Organisation for Economic Co-operation and Development (OECD) Development Assistance Committee (DAC) – under the auspices of its Chair Susanna Moorehead – and the Paris Club, which is an informal group of creditor governments. 

The world is facing an unprecedented crisis. As Covid-19 spreads across the globe it threatens to disproportionately hit developing countries.