The MDB Reform Accelerator is mobilizing the analysis and outreach needed to ensure MDB reform addresses today’s global challenges and delivers results for development.
Latest Proposals & Analysis
Amplifying Africa’s Voice in Reforming the Global Financial Architecture
November 4, 2022ACET and the new Finance for Development Lab, with the support of the Transformation Leadership Panel, are launching a new initiative to enhance Africa’s voice on needed changes to the global financial architecture. Following the COVID-19 crisis, the Ukraine war, and the growing fight against inflation in rich countries, the global economy is heading for years of weak growth, rising prices, and high [...]
The trillion-dollar bank: Making IBRD fit for purpose in the 21st century
April 12, 2023The World Bank Evolution Roadmap is being developed at a critical moment in time. Developing countries have been hit by the unprecedented impact of the COVID-19 pandemic and the Ukraine war, with loss of fiscal buffers, increased indebtedness, and erosion of creditworthiness, leading to a decline in growth prospects and leaving them exposed to further crises. Progress on poverty reduction [...]
A New World Bank Agenda in the Era of Climate Change
April 12, 2023As the window closes for dealing with the climate crisis, it is worth remembering that the roots of the crisis lie in decades of rising greenhouse gas (GHG) emissions, justified by rich and poor countries alike and their financiers as the by-product of boosting GDP growth at all costs. Agreements to cut emissions, which should tackle runaway climate change, are [...]
El mundo no necesita otra institución más contra el cambio climático
April 11, 2023Los fondos de mitigación y adaptación al calentamiento global podrían funcionar canalizados por una sola entidad independiente, que controle la asignación de las inversiones y evalúe el impacto. La crisis climática es global, tanto si vivimos en un país rico como uno pobre. Sin embargo, la comunidad internacional ha sido incapaz de encontrar soluciones conjuntas para financiar, a la escala [...]
What Does World Bank Success Look Like?
April 10, 2023This blog is one in a series by experts across the Center for Global Development ahead of the IMF/World Bank Spring Meetings. Each post in the series will put forward a tangible policy “win” for the World Bank or the broader MDB system that the author would like to see emerge from the Spring Meetings. Read the other posts in the series, and stay [...]