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Development, Untied: Unleashing the catalytic power of Official Development Assistance through renewed action on untying

In 2015 alone, donor governments around the world spent around US$55 billion – or more than 44 per cent of Real Official Development Assistance (ODA) – on the procurement of goods and services. Such high budgets have the potential to catalyse far-reaching change in the global south. ODA procurement can build local supply chains for essential goods such as foods and medicines; it can incentivise local companies to act in equitable, socially responsible and environmentally sensitive ways; and it can start a chain reaction of local economic growth by getting vital cash into the hands of small businesses in the global south.

Source: eurodad.org

"Financing for Development: Progress and Prospects 2018"

Major report released in advance of the G20 and World Bank/IMF Spring Meetings. There is an increasing interest in socially responsible investing, but that is no substitute for a broader transformation in the financial system. The report states that the current system rewards investors, financiers and project managers that prioritize short-term profits. Similarly, policy makers are excessively focused on short-term considerations. But there is a price to pay. Infrastructure projects are shelved in favour of short term priorities. Small businesses and women remain excluded from the financial system.

Source: developmentfinance.un.org

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Development, untied

In 2015 alone, donor governments around the world spent an estimated US$55 billion – or more than 44 per cent of Real Official Development Assistance (ODA) – on the procurement of goods and services. Such high budgets have the potential to catalyse far-reaching change in the global south. However, ‘tied’ ODA procurement, which requires goods and services to be sourced from companies in the donor country, puts the commercial priorities of firms based in rich countries before development impact. This report by Eurodad is calls for a series of key steps and recommendations for bilateral and multilateral donors as well as for international decision-making bodies.

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Financing change: How to mobilize private sector financing for sustainable infrastructure

Financing change: How to mobilize private sector financing for sustainable infrastructure (McKinsey Center for Business and Environment). This paper has offered an overview of the barriers and opportunities for increasing privatesector investment in sustainable infrastructure. There are a number of areas that would benefit from further examination, such as how to create frameworks for blending private and public capital, how to assess existing instruments, how to develop innovative solutions, and how to work better with business.

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Global Landscape of Climate Finance 2017

Climate Policy Initiative’s 2017 edition of the Global Landscape of Climate Finance updates the most comprehensive assessment of annual climate fnance flows with data from 2015 and 2016, providing, for the frst time, a fve-year trend analysis on the how, where, and from whom fnance is flowing toward low-carbon and climate-resilient actions globally in order to identify trends, gaps, and opportunities to scale up investment. As with previous reports, the fgures identifed in this Landscape represent overall global fnance flows and should be compared with estimates of total investment needed consistent with the goal of limiting global temperature rise to below 2 degrees Celsius.