by Reality of Aid | May 27, 2022 | International Finance Institutions, ODA, RoA Asia Pacific
The world is facing a global debt crisis largely due to the COVID-19 pandemic, rising costs of food and fuel brought about by the Russian invasion of Ukraine, and impending threats of climate change. In the Asia-Pacific alone, 25 countries are exposed to the food,...
by Reality of Aid | Feb 8, 2022 | Aid Observatorio, CSO Partnership for Development Effectiveness, Development Cooperation, Development Effectiveness, International Finance Institutions, News, RoA Asia Pacific
As Asia-Pacific struggles to cope with COVID-19, a global recession, and existing development challenges, it is imperative that aid must be used effectively and efficiently. Initiatives for monitoring and analyzing the quantity and quality of aid in the region must be...
by Reality of Aid | Nov 24, 2021 | Development Cooperation, Development Finance, International Finance Institutions, RoA Global
Reality of Aid Statement on the IMF-WBG Annual Meetings 2021November 2021The Covid-19 pandemic has created the deepest economic crash in recent history highlighting the critical role of development finance now more than ever. With Official Development Assistance (ODA)...
by Reality of Aid | Sep 28, 2021 | Development Finance, Events and Meetings, International Finance Institutions, News, Uncategorized
Development Policy Financing is a lending instrument that supports targeted policy reforms and provides finance directly to a borrowing country’s general budget. DPF nudges countries towards neoliberal, financialisation reforms by conditioning budget support on the...
by Reality of Aid | Sep 28, 2021 | Development Finance, Events and Meetings, International Finance Institutions, News
Multiple crises caused by COVID-19 have created an unprecedented global shock. The WBG released a framework for supporting green, resilient and inclusive development (GRID), which emphasizes ‘private sector solutions’—akin to its previous Maximising Finance for...
by Reality of Aid | Aug 13, 2021 | Development Cooperation, International Finance Institutions, News, RoA Asia Pacific
While ADB is taking steps in leaving its dirty energy legacy behind, its Draft Energy Policy seems to lack the steadfast commitment to forward a low-carbon and climate resilient future for the region. As the region’s most vulnerable sectors face the brunt of the...