Figures on official development assistance volumes are silent about ODA results. To support progress on the Sustainable Development Goals (SDGs), we urgently need new data and holistic evaluation methods to assess the effectiveness of ODA
Category: Financing
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The pandemic revealed how rapid crisis spending creates profiteering opportunities for exploitative and corrupt actors. Strengthening anti-corruption measures is urgently needed to ensure that the anticipated investment surge toward achieving Agenda 2030 truly benefits the planet’s most vulnerable
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When the SDGs were adopted in 2015, the Addis Ababa Action Agenda set out a vision for how the Goals would be financed. A decade on, the numbers remain woefully short of requirements. Next year’s follow-up conference must enable rapid acceleration of development finance if the 2030 Agenda is to retain any hope of success
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Feminist climate justice seeks a world where everyone can flourish on a healthy and sustainable planet, where those in power serve and are accountable to all, particularly marginalized groups such as women and girls. Achieving this will take action on many fronts – to strengthen democracy, human rights, and global collaboration
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The international financial system faces complex challenges in advancing women’s well-being and opportunities in low-income countries. What is the World Bank doing to help empower women?
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Time to face the facts
Global
COP28 is a pivotal moment for the Paris Agreement. The first global stocktake presents a comprehensive view of progress towards the goals of the agreement. The synthesis report released in September makes it clear we are falling well short. The science is clear and, collectively, we have the knowledge and resources to deliver. Now it is time for political leaders to unite behind a common plan to address the climate crisis
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Africa’s call for action on adaptation at COP28
Middle East and Northern Africa, Sub-Saharan Africa
African nations have thrown down a united challenge to the world: developed countries must urgently partner with the continent to support a rapid increase in climate adaptation and sustainable development. After too many climate summits that have achieved agreement but fallen short on implementation, Africa needs COP28 to deliver on both
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The global development finance system is failing cities, yet it is in urban centers where much of the work on climate action and sustainable development must happen. Bold, urgent, and practical solutions – including new, city-focused funds or institutions, MDB reform, and other global, national, and local reforms – could expand and improve urban SDG finance
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Scratch beneath the surface, and so-called green investments often reveal to be contributing to environmentally harmful activities. With voluntary pledges shown wanting, governments and regulators must urgently mandate for better transparency and accountability in sustainable investing
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Wrestling with hypernumbers
Global
The promise of trillion-dollar sustainable finance initiatives rests on a triple fallacy: that we can make sense of them, that they are a measure of money that is available to finance or support climate-related causes, and that someone has structured and organized control over these amounts. It’s time to accept their extremely limited utility and move on
