Recent Posts
Is World Bank Lending a Hot Ticket in a Global Credit Crunch?
November 1, 2022World Bank loan terms are becoming increasingly attractive as global interest rates soar. This is not because IBRD loans have gotten cheaper, but because the average emerging market’s borrowing costs have risen so much more dramatically than IBRD loans prices. As a result, the spread between an IBRD loan and the price that the “average” EM would likely get in the market today has nearly doubled from less than 5 percent in 2020 to over 8 percent. If these trends persist, EMs could soon be banging on MDB doors in [...]
Multilateralism and Multipolarity
September 22, 2022This paper gathers the Program’s main reflections on the state of the multilateral system, and points to challenges within.
Multilateral Development Banks’ Capital Adequacy Frameworks: Options for Reform?
September 15, 2022 Eastern TimeThis event is co-hosted with ODI. In 2021, G20 members created an independent panel to evaluate whether multilateral development bank (MDB) shareholder capital is being used efficiently and to understand whether MDBs can lend more without threatening their long-term financial integrity. This was in response to a growing sense among policymakers that MDBs need reforming if they are to play a more meaningful role in addressing the global crises of today and tomorrow. The panel’s Independent Review of MDBs’ Capital Adequacy Frameworks report was subsequently published in July. It centred [...]
Green Hydrogen’s Contributions to the Energy Transition: Perspectives and Prerequisites
August 22, 2022The event, organized in partnership with the Australian Embassy in Brazil, will focus on the role of green hydrogen in the energy transition and carbon emission reduction for hard-to-abate sectors. Among the issues that will be addressed are the regulatory framework, policies to create a hydrogen market, investment and collaboration opportunities between Brazil and Australia. To see Agnes da Costa (Ministry of Mines and Energy of Brazil)'s presentation, click here. To see the presentation "Certification and carbon markets – a prerequisite for hydrogen growth" (Australia's Clean Energy Regulator), click here. Partner: Australian Embassy in Brazil