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Last weekend we attended the Munich Security Conference, a summit which is not as solely centered around security as its name suggests. We look back at the highlights and lowlights of the conference, which touched upon many issues linked to global development, including food security and climate change. We also have an update on the future of UNRWA, the United Nations Palestinian relief agency, which is facing calls to be disbanded. The United States is pushing other U.N. relief agencies to take over some of its functions. However, U.N. Secretary-General António Guterres has voiced concern that weakening UNRWA amid a massive humanitarian crisis would worsen the suffering of Palestinian civilians — as he believes it is the only organization with the capability to deliver assistance to the 2.2 million people with urgent needs. On the topic of U.N. agencies, we also published an exclusive story revealing that the U.N. Population Fund is planning to move a quarter of its New York staff positions to Nairobi in

Recently, the U.S. Agency for International Development published 14 "good practices" to define what a locally led program looks like as part of its push for half its projects to be locally led by 2030. We spoke to local community leaders to find out what they think. While many are optimistic, some have argued that they haven’t seen much change just yet and expressed concern about whether these indicators will translate into action. For one thing, USAID’s localization guidelines do not specify whether local people can voice whether they believe a program is locally led or not. On the topic of involving local communities in development initiatives, we also published an opinion piece outlining how decolonization must be applied to organizational design, the distribution of money, and how skill sets are valued. Additionally, this week, the U.S. Senate passed a $95 billion emergency funding bill. While much of it is military spending, it includes about $10 billion in humanitarian aid. It now heads to the Hou

This week we published an article on the development finance issues to watch in 2024. From fresh climate finance targets to the role that private capital mobilization can play in overcoming global development challenges, we discuss what we expect from the upcoming year and whether the ideas proposed will lead to tangible change in low-income countries. On the topic of capital increase, at an event on Monday, World Bank President Ajay Banga discussed his plans to reform the way the institution runs, including speeding up project approvals and streamlining the International Development Association ahead of its replenishment this year. It is hoped that the reforms will help increase the capital needed to overcome development challenges. Are the proposed reforms to the development finance architecture achievable? What is missing from the agenda? To answer these questions and dig into these stories, as well as others, Devex President and Editor-in-Chief Raj Kumar sits down with Global Nation co-founder Jonathan

During the 28th United Nations Climate Change Conference in Dubai, more than 110 countries committed to triple renewable energy capacity worldwide by 2030. Africa, in particular, is a key source of critical minerals such as copper, lithium, nickel, and cobalt, which are needed to power clean technologies ranging from electric vehicles to wind turbines. But without proper safeguards in place, there is a risk that the mining of minerals for the green energy transition could end up exacerbating existing inequalities. “One key element is social equity; prioritizing vulnerable communities to ensure that they benefit from the transition, including job creation, access to affordable clean energy, and protection from adverse impacts,” said professor Youba Sokona, former vice-chair of the Intergovernmental Panel on Climate Change. Professor Sokona was joined by Yamide Dagnet, former director of climate justice at Open Society Foundations, and Devex’s Raj Kumar for a special episode of This Week in Global Development

As we approach the U.S. presidential election in November, we take a look at how the Biden administration set out to change the U.S. government’s foreign aid system. With less than a year left in his term, we consider whether the targets set can be realistically achieved this year. As USAID continues its effort to localize — or shift power to local organizations — we also dig into a report on the topic based on the feedback of 300 local organizations, international agencies, and USAID staff. The report outlined what needs to change for the agency to reach its localization goals. Meanwhile in the Middle East, U.N. relief workers are being accused of having participated in the Hamas massacre that took place on Oct 7. The U.S. and other major donors have said they’ll cut funding to the U.N. Relief and Works Agency for Palestine Refugees, or UNRWA, stripping people affected by the conflict in Gaza from vital funding. To dig into these stories and others, Devex President and Editor-in-Chief Raj Kumar sits dow

2023 was the hottest year on record. So it’s no surprise that the climate emergency was a big focus of last week’s World Economic Forum annual meeting in Davos, Switzerland. Devex’s Raj Kumar sat down with several leaders to discuss how the climate crisis intersects with their work: Peter Sands, the executive director of the Global Fund to Fight AIDS, Tuberculosis and Malaria; Sophie Atiende, CEO of the Global Fund to End Modern Slavery; and Jonathan Reckford, CEO of Habitat for Humanity. Together, they explore the interconnections between climate change and the issues they are focused on, as well as the urgency for action. Sands describes a visit to northern Nigeria with Muhammad Ali Pate, the country’s minister of health and social welfare, where they saw “a shocking number” of children who were malnourished and severely ill with malaria. “It’s a good example of how the climate change interaction is sort of multifactorial,” he said, explaining how climate change is harming agricultural productivity, lea

A new report reveals serious gaps in the clinical pipeline for diseases with pandemic potential, and limited investments in their research and development over the years. While research and development funding for COVID-19 reached over $14 billion from 2020 to 2022, the combined research funding for the other nine priority pathogens with pandemic potential identified by the World Health Organization total just $1.7 billion. We dig into the report — which comes from the International Pandemic Preparedness Secretariat — as well as how we could improve our preparedness for the next pandemic. Despite the concerns about global pandemic preparedness, we have seen a landmark moment in the fight against malaria, with Cameroon becoming the first African country to roll out WHO's first recommended malaria vaccine into its routine immunization program. This week also marked the 20th anniversary of the creation of the Millenium Challenge Corporation, or MCC, a U.S. aid agency which set out to help the lowest-income c

There are a growing number of social entrepreneurs using technology to address a range of development challenges in Africa, from agriculture healthcare to education. But many of them say that financing is the greatest barrier to scale. At the World Economic Forum Annual Meeting 2024, Devex’s Raj Kumar sat down with three social entrepreneurs: Temie Giwa-Tubosun, CEO of LifeBank, a healthcare technology and logistics company delivering critical medical supplies, Gerald Abila, founder of BarefootLaw, a non-profit in Uganda providing access to justice through technology, and Mayur Patel, chief commercial officer at M-Kopa, an asset financing platform in Africa. Their conversations point to several ways social entrepreneurs are using technology to address social challenges, as well as the crucial role financing must play in scaling their impact. "The big barriers for growth are not demand,” Patel said. “They're not the scalability of the platform, or the opportunity. The big barriers to growth are figuring out

It’s a big moment for the United Nations Green Climate Fund. Its funding levels hit a record high following the climate conference COP 28, with several countries adding contributions to its second replenishment that sent the fund’s total soaring past its $10 billion goal to $12.8 billion. GCF’s Executive Director Mafalda Duarte oversaw the replenishment after assuming the role only three months prior, having departed her previous job as the head of the Climate Investment Funds in June. Somewhere in there, she was also at the Africa Climate Summit, the U.N. General Assembly, and multiple other global engagements. “Quite intense,” she acknowledged to Devex President and Editor-in-Chief Raj Kumar in Davos, Switzerland, the latest stop on her whirlwind travel agenda. But if Duarte has been busy, it’s because she’s making huge strides at an organization that was in a notably rocky place a few years ago. On this episode of Davos Dispatch, a series housed under our regular weekly podcast, This Week in Global Devel

This week we are in Davos closely following the conversations taking place at the annual meeting of the World Economic Forum. This year’s discussions have focused heavily on artificial intelligence and its potential impact on the humanitarian and development sectors. We also dig into our key takeaways from the conference, along with the question of whether we have reached a turning point when it comes to giving a voice to the global south. In addition to AI, climate change also took center stage at the summit, and we contemplate whether this is an indication that leaders are recognizing the gravity of the situation and its link to issues around global health. Will AI transform global development? And what impact will blockchain technology have on the sector? For the latest edition of our podcast series, Devex President and Editor-in-Chief Raj Kumar sat down with Hedera Chief Policy Officer Nilmini Rubin and BRAC Executive Director Asif Saleh to discuss the top global development stories from the past we

The “billions to trillions” narrative — the idea that a relatively small amount of public financing can be used to crowd in trillions of dollars in private capital to solve climate and other development challenges — has been discussed in development finance circles for nearly a decade now. And yet there’s still an annual $4 trillion gap in financing for energy, water, and other critical development objectives. Speaking to Devex’s Raj Kumar, Samaila Zubairu, CEO of the Africa Finance Corporation shared how his organization is leveraging public-private partnerships in “risky” countries such as Gabon and Djibouti, and what larger multilateral development banks should be doing to be more effective. “What is most important is for us to introduce more urgency in our approach to work. We need to really start to focus on outcomes,” Zubairu said. “We should all be accountable. We should be looking at what's the baseline at a certain period of time, and what are we doing to cause improvements to happen.” Zubairu joi

While a new year for many heralds a fresh start, the war that broke out in Gaza in October 2023 continues to rage, with the death toll numbering in the thousands. We take a look at the conflict from a global development and humanitarian lens by speaking with representatives from organizations doing aid work there to get an insider perspective on the crisis. They reveal the obstacles they face — such as the lack of fuel and inability to keep in touch with staff — and how they try to meet the needs of those affected by the war. What is the situation like on the ground? What are the misconceptions in the media? To find out, Devex President and Editor-in-Chief Raj Kumar and Managing Editor Anna Gawel sit down with Arnaud Quemin, Middle East-North Africa/Europe regional director for Mercy Corps, as well as Anera Regional Development Lead Saddam Sayyaleh for the latest episode of the This Week in Global Development podcast. Sign up to the Devex Newswire and our other newsletters: https://www.devex.com/accoun

The middle class is the most successful group in world history, but today, it’s facing a bit of an identity crisis. The realities of automation, climate change and other factors are straining the once ubiquitous middle class dream, and younger generations are questioning whether it’s really all it’s cracked up to be. In his new book, "The Rise of the Global Middle Class: How the Search for the Good Life Can Change the World," economist and senior fellow at the Brookings Institution’s Center for Sustainable Development Homi Kharas traces the evolution of the middle class all the way from its roots in Victorian England, and ultimately offers a new policy agenda that could pave a way forward. For more information on upcoming episodes and to sign up for our mailing list, visit the Devex Book Club here: https://pages.devex.com/devex-book-club.html

Like many of us, Rajiv Shah knew early on that he wanted to make an impact on the world, but he wasn’t quite sure how to do it. His book, "Big Bets: How Large-Scale Change Really Happens," opens with some of that early uncertainty, like the summer he spent treating leprosy patients in India, and his time working on Al Gore’s ultimately doomed campaign. But as Raj writes in his book, that uncertainty was all part of an important realization he’d eventually come to: that large-scale change doesn’t come from caution, but from what he calls a “big bets philosophy,” which says that it’s only by trying to fundamentally solve, not just improve, pressing problems that the world can truly be transformed. For more information on upcoming episodes and to sign up for our mailing list, visit the Devex Book Club here: https://pages.devex.com/devex-book-club.html

The agreement to operationalize a new fund for loss and damage was a key achievement of this year’s United Nations Climate Change Conference, or COP 28. But key questions remain about how that fund will work to get financial resources to countries experiencing the impacts of climate change. It’s part of a broader conversation about climate vulnerability and resilience — how to measure it, how it relates to a country’s income status, and how to quantify the costs of climate change impacts. “These are things that will be with you forever — your entire trajectory, your entire life, your entire space has changed fundamentally and in a permanent way. So the solutions cannot be sliced and diced solutions,” argues Gene Leon, president of the Caribbean Development Bank, in this episode of the Climate + podcast. Leon outlined how support for countries experiencing loss and damage due to climate change can help them regain their footing — and rediscover an economic growth trajectory on a changing planet. The Climat

This Week in Global Development is back for its first episode of the New Year, and this week, we took a look ahead at what we can expect to come down the pike in 2024. It’s an election year in the U.S., and bipartisanship is in short supply. Many of the legislative challenges of 2023—including those around foreign aid— are carrying into the new year, adding more pressure to a dam that’s already quite full. Republican presidential hopefuls are even going so far as to call for the defunding of the United Nations. Luckily, not everything comes down to funding—we also discussed the U.S. Agency for International Development’s new Locally Led Programs indicator, which sets a standard for determining whether a given program can be considered, well, locally led. Joining Devex’s President and Editor-in-Chief to break down these topics is Stefan Dercon, the former chief economist at the U.K. Department of International Development and current Professor of Economic Policy at the Blavatnik School of Government, as wel

The United Nations climate change conference in Dubai, or COP 28, was a big moment for food systems. For the first time, COP included a day dedicated to food and agriculture, which many see as an important signal that silos between climate and food policy are starting to break down. Still, less than 5% of climate finance is invested in food systems, despite the massive need for financial support for priorities such as regenerative agriculture, reducing food loss and waste, and sustainable livestock management, says Ertharin Cousin, former head of the World Food Programme, in this episode of Devex’s Climate + podcast. “Ensuring that we are part of the finance dialogue is as critical as ensuring that we are part of the substantive dialogue around the actions,” Cousin said. It’s an urgent challenge, considering existing — and increasing — levels of food insecurity, and what a changing climate likely means for those unserved by the existing food system, says Ismahane Elouafi, chief scientist at the Food and Ag

The annual United Nations climate conferences, or COPs, have become much more than just a forum for technical and political negotiations. They’re also a convening space for representatives from the likes of civil society, academia, and the private sector. Corporations now have an increasingly significant role to play in shaping the climate conversation and — crucially — in ensuring their own operations are environmentally sustainable. For a global technology company like Microsoft, being present at COP is important not just because of the potential tools and solutions the company can offer, but also due to the implications of climate change for its business and operations, said Melanie Nakagawa, Microsoft’s Chief Sustainability Officer. Joining the Climate + podcast from COP28 in Dubai, Nakagawa shared Microsoft's priorities around investing in carbon removal, using artificial intelligence to accelerate progress on sustainability, and improving sustainability reporting mechanisms and governance. “We want t

The Paris Climate Agreement, established at COP 21 in 2015, calls for leaders and institutions across society to work towards reducing their carbon emissions with the aim of reaching net zero by 2050. Multilateral development banks, or MDBs, which have a critical role to play in the climate finance landscape, are in the process of figuring out what it means to deliver on their commitment to “Paris alignment”. “Delivery means really, for us, implementing what we have committed to do and working with the countries in which we invest in order to accompany them in this green transition,” said Odile Renaud-Basso, President of the European Bank for Reconstruction and Development, in the latest episode of the Climate + podcast. EBRD aims for 50% of its investments to be in support of the green transition by 2025, she added. Renaud-Basso joined Devex senior reporter Adva Saldinger to delve deeper into EBRD’s climate priorities, the bank’s approach and timeline for phasing out investments in fossil fuels, what MDBs

Last week we traveled to Dubai to attend the 28th United Nations Climate Change Conference, or COP 28, where apart from hosting our event on the sidelines of the main conference, we also reported on the negotiations taking place. We look back at the main takeaways from COP 28, including the pledges made by philanthropic organizations, and contemplate whether the commitments made by countries will be followed through. While it is recognized that issues related to health, food, and energy are interconnected and linked to climate change, this understanding needs to be included within policies and future development strategies, experts tell us. Following USAID’s announcement of the 14 measures it will use to track its target of having half of its projects be locally led by 2030, we debate whether it will successfully drive meaningful change, or just lead to tokenistic box-check efforts to localize. We also reported on the ongoing leadership crisis World Food Programme chief Cindy McCain is facing over the confl