Energy needs in Asia are huge. If the region continues its high rate of growth, Asia’s share of world energy consumption could rise from around a third in 2010 to more than half by 2035. Raw energy consumption in the…
Read MoreTurkey has suffered from some of the worst earthquakes in history. To avert further loss of life and damage to property in the event of a natural disaster, the Turkish government has implemented an Urban Transformation Plan, to demolish and…
Read MoreThis weekend, the 193 member countries of the United Nations will adopt an ambitious plan to end extreme poverty and hunger, improve the health of the world’s poorest, protect the planet, and address climate change. The usefulness of this plan…
Read MoreAs an evaluator who attended the Third Financing for Development conference a few weeks ago, I saw the signing of the Addis Ababa Action Agenda and the clarification of inputs–partnerships, agreements, and monies–as a vital starting point. Amidst the symbolism…
Read MoreUnder the weight of great expectations and the glare of television cameras, delegates gathered earlier this month for the Third International Conference on Financing for Development in Addis Ababa. Global leaders, civil society and private sector representatives exchanged ideas on…
Read MoreKey commitments coming out of the Addis summit that ended yesterday, including several new initiatives that sprung out of the round tables and side events that ran alongside the plenary sessions, were highlighted in a UN news release issued on July 16.…
Read MoreThe release of the joint statement “From Billions to Trillions: Transforming Development Finance” at our Spring Meetings is one of the most satisfying moments during my two year tenure as Managing Director and World Bank Group CFO. My one regret…
Read MoreWASHINGTON, July 10, 2015—The multilateral development banks (MDBs) and IMF today signaled plans to extend more than $400 billion in financing over the next three years and vowed to work more closely with private and public sector partners to help…
Read MoreUnlocking resources and connecting development assistance to infrastructure, industry and other essential investments to attain the Sustainable Development Goals (SDGs) by 2030 cannot happen in the absence of long term financing, which is why the topic of this post is…
Read MoreThis year the international community will adopt the post-2015 Sustainable Development Goals (SDGs), a transformational agenda to support global development aspirations for the next 15 years. As set out last April in a paper jointly prepared by the multilateral development…
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