Devex @ World Bank-IMF: What's at stake in the World Bank's IDA replenishment?
Listen now
Description
IDA, or International Development Association is the world bank’s fund for the poorest countries. IDA provides grants and low-cost loans that countries can use for a variety of needs from health to education to infrastructure. This year it's up for replenishment and so the bank is going to donors to ask for a new influx of capital. In this episode, we speak to Dirk Reinnerman, the Director of the IDA Resource Mobilization and IBRD Corporate Finance at the World Bank, about his pitch to donors in the IDA replenishment, and how it ties to broader bank reforms. We also hear from Garghee Ghosh, the president of global advocacy and policy at the Gates Foundation about what makes IDA unique, and Serah Makka, the Africa Executive director at the ONE Campaign.
More Episodes
This week we reflect on the United Nations COP29 climate conference in Baku, Azerbaijan, which wrapped up over the weekend. We take a closer look at the outcomes, analyzing nations’ commitment to a new $300 billion annual global climate finance target and exploring whether it’s sufficient to...
Published 11/25/24
Published 11/25/24
As COP29 comes to a close, we take a look at what negotiators are still racing to resolve in the final hours of the ambitious two-week conference. From building carbon markets to establishing private sector partnerships to meet the funding gap, we also contemplate whether the discussions will...
Published 11/22/24