Development Finance

Nerea Craviotto

Four challenges when it comes to reporting debt relief as ODA

The body in charge of maintaining and improving the quality, comparability and relevance of DAC statistics on development cooperation will meet informally this week. Civil society is calling for greater transparency when it comes to reporting debt relief as ODA.

  • Development Finance
  • Aid Quality
Tove Ryding

The G20’s deceptive promise to act on the crisis of the century

Faced with the crisis of the century, the G20 has failed to meet the demands of the moment. As the Saudi Arabian presidency comes to a close, Eurodad policy experts take a critical look at what has been delivered.

  • Climate Finance
  • Covid-19
Eurodad

Joint global response to the outcome of the Finance in Common Summit

Following the conclusion of the first Finance in Common Summit, APMDD, AFRODAD, Latindadd, Third World Network and Eurodad have issued the following response.

  • Development Finance
  • FiC
Julia Ravenscroft

Eurodad reaction to OECD-DAC High Level Meeting - A missed opportunity

Following the OECD Development Assistance Committee High Level Meeting, Eurodad laments that delegates failed to show the solidarity that is needed to stay on track to reach the sustainable development goals.

  • Development Finance
  • Covid-19
Leia Achampong

FiC Joint CSO Statement - Public Development Banks must deliver on the world we want

From 10-12 November, the first summit of Public Development Banks, the Finance in Common Summit, will be held.

  • Climate Finance
  • FiC
Julia Ravenscroft

World’s biggest development finance institutions have failed to invest in the poorest countries during Coronavirus pandemic

  • New research shows five of world’s largest DFIs – including the World Bank IFC – have directed just 2% of investments to companies based in low income countries
  • CSOs call for a rethink during virtual Finance in Common (FIC) summit next week, where 400 public development banks, including DFIs, will discuss their role in the Covid-19 recovery effort
  • Development Finance
  • FiC
Jan Van de Poel

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 inclusive and sustainable businesses and spur a much needed transition to low-carbon economies.

  • Aid Effectiveness
  • FiC
Maria Jose Romero

2020 IMF and World Bank Annual Meetings: Disappointing response to Coronavirus crisis

Last week was a crucial week for the citizens of developing countries, who are being hit hard by the Coronavirus crisis. They are facing increasing poverty, growing inequality and uncertain futures – and were looking to the world's leaders for decisive action. Yet despite a week of stirring rhetoric from G20, International Monetary Fund (IMF) and World Bank (WB) leaders, who claim they are determined to tackle the crisis, the results are deeply disappointing. What is clear is that world leaders and the Bretton Woods institutions need to take much more ambitious steps to deliver in the public interest. 

  • Development Finance
  • Covid-19
Julia Ravenscroft

IMF-WB Annual Meetings: Strong rhetoric, weak action

As the Annual Meetings of the IMF and World Bank draw to a close, Jean Saldanha, Director of the European Network on Debt and Development (Eurodad) reflects on a crucial, but disappointing, week in development finance.

  • Development Finance
  • Global Processes