A new start for Africa’s Special Economic Zones? 

Can Special Economic Zones deliver on their promise of structural transformation for Africa? A new study shows that while they have not always lived up to expectations, they are evolving — and could become powerful tools for inclusive growth on the continent.  Continue reading A new start for Africa’s Special Economic Zones? 

Women in Ukraine’s Reconstruction: Policy Priorities after URC2025

This July, the fourth Ukraine Recovery Conference highlighted the importance of empowering women to lead Ukraine’s reconstruction. But translating this into real-world achievements requires investment and political will. Here are three priorities for development partners. Continue reading Women in Ukraine’s Reconstruction: Policy Priorities after URC2025

The Third UN Ocean Conference: Reflections and the road ahead 

The Third UN Ocean Conference (UNOC-3) made a clear case for putting the ocean at the centre of the sustainable development agenda. While this should be celebrated, much work remains to translate UNOC-3’s achievements into real accomplishments.     Continue reading The Third UN Ocean Conference: Reflections and the road ahead 

Beyond hard currency: A new approach for development finance

Development finance providers and policy makers must play a central role in expanding local currency financing and ensuring that the risks of currency volatility are not borne exclusively by those least able to manage them. Here are some short and long-term measures that can help. Continue reading Beyond hard currency: A new approach for development finance

To make ODA fit for the future, focus on currency risk 

By Harald Hirschhofer and Ugo Panizza 

At COP29 in November, negotiators agreed to triple annual financing for developing countries from USD 100 billion to USD 300 billion by 2035. The challenge is that even if this ambitious target is met— a big “if” given the declining political commitment to official development assistance (ODA)—it will still fall short of the resources needed to scale up climate and SDG financing while ensuring debt sustainability. 

Continue reading “To make ODA fit for the future, focus on currency risk “