Past Events
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In Conversation: Ajay Banga and Afsaneh Beschloss on the Future of the World Bank
Priorities and challenges for Latin America and the Caribbean: a panel discussion with IDB President Ilan Goldfajn
Promoting Climate-Resilient and Green Development in Africa
Future of Development Forum
Climate change, conflict, food insecurity, and pandemics. These global challenges are growing in urgency, and complexity—and they are not confined by borders. While wealthy countries are aging and their growth rates are faltering, the traditional manufacturing-led path to rapid growth in poorer countries is narrowing.
Trends and disruptors in multilateral finance: looking ahead with the Asian Infrastructure Investment Bank
Latin America and the Caribbean at a Crossroads: What Agenda and Role for the Inter-American Development Bank?
COVID-19 and related economic shocks have had important but heterogeneous impact across the Latin American and Caribbean region, which also faces elevated climate risks, increasing rates of poverty, declining life expectancy in some countries, and unprecedented rates of crime and violence. The International Monetary Fund now forecasts average growth of 1.7% in 2023 with high...
Multilateral Development Banks for a Global Future: The Perspective of Emerging Market Leaders
With increasing challenges that go beyond national borders, the World Bank and other MDBs must quickly transform themselves and become truly global banks – through broader mandates, better governance, and modern business models. Middle-income countries will be a crucial part of this transformation.
Boosting MDBs’ Role and Capacity in Development Finance
In July, the G20 published the report it had commissioned from an independent panel of experts to assess MDB capital adequacy. The report's recommendations, if implemented, would support a major increase in collective MDB lending, likely reaching hundreds of billions of dollars over time. The report spells out how this expansion in lending can be achieved while...
Global Challenges Require Global Solutions: Transforming the MDB System
How can we rethink the World Bank and other MDBs to tackle the new, global challenges facing us today? This event marks the beginning of a new program of work from CGD on the next evolution of the MDBs—their evolving mandate to provide global public goods. Throughout the project CGD will consult key experts and...
Secretary Yellen to Deliver Remarks on International Development and Evolving the Multilateral Development Banks
WASHINGTON — On Thursday, October 6, Secretary of the Treasury Janet L. Yellen delivered remarks in Washington on key challenges facing the global economy—including shocks from COVID-19 and Putin’s illegal war against Ukraine—and their acute impact on developing countries and relationship with longer-term development trends. Secretary Yellen outlined ideas for how the multilateral development banks...
Multilateral Development Banks’ Capital Adequacy Frameworks: Options for Reform?
In 2021, G20 members created an independent panel to evaluate whether MDB shareholder capital is being used efficiently and to understand whether MDBs can lend more without threatening their long-term financial integrity. As well as discussing the recommendations of the report and framing the emerging issues and priorities, this webinar will explore several related questions.