Meaningful progress on the goal of reducing global extreme poverty requires meeting the development needs of vulnerable populations in fragile contexts; but assistance in these contexts has traditionally been limited to short-term humanitarian aid,...
This report analyses the alignment of fossil fuel production with global climate goals.
Richard MontgomeryThe @ODIdev production gap report: how far is the world from production levels consistent w/ climate goals? Gov’ts planning to use about 50% more fossil fuels by 2030 than is consistent with a 2 °C pathway, & 120% more a 1.5 °C pathway. Link here
A Decade After the Global Recession provides the first comprehensive stock-taking of the decade since the global recession from the perspective of emerging market and developing economies.
Richard MontgomeryJust released: new study by @WorldBank on “A Decade after the Global Recession”. Compares developing countries’ preparedness before the 2009 Financial Crisis, the role of the Bank & lessons for coming years. Summary blog and link to free download
What stuck with me from the discussion was not the challenge of childhood literacy, nor the remedy the panel’s title espoused, “building the foundation of human capital,” though both are important topics.
The World Bank Group (WBG) and the Government of Myanmar are currently working on a new Country Partnership Framework (CPF) which will outline the WBG’s support to the government’s development priorities for the next four years.
Branko Milanovic explores the meaning of recent protests in Chile.
It is not common for an OECD county to shoot and kill 16 people in two days of socially motivated riots. (Perhaps only Turkey, in its unending wars against the Kurdish guerilla,...
Richard MontgomerySearching for insights into #Chile’s recent unrest. A view from @BrankoMilan “Growth is indispensable for economic success & reduction in poverty. But if there is no social justice & minimum of social cohesion, the effects of growth will dissolve in grief”
The World Bank’s senior management team sent a message to staff providing more details about plans to decentralize and expand the multilateral development bank’s global footprint.
Richard MontgomeryHow far & fast should the #WorldBank decentralise? Balance between country/global work? Plans to shift the HQ/country staff by 10% (for both IFC & core WB) over next 5 years. But details yet to be agreed.
GCF is a financial mechanism under the UNFCCC which helps fund climate finance investment in low-emission, climate-resilient development through mitigation and adaptation projects and programmes in developing countries.
Richard MontgomeryToday partners are pledging the replenish the #GreenClimateFund in #Paris. You can see the 111 projects already funded and delve into the @theGCF portfolio on their website here: | Green Climate Fund