by Reality of Aid | Nov 5, 2021 | Development Cooperation, Development Effectiveness, Events and Meetings, International Finance Institutions, RoA Asia Pacific
Last October 26 to 28, 2021, the Asian Infrastructure Investment Bank (AIIB) held its 6th Annual Meeting with the theme, “Investing Today, Transforming Tomorrow”. The Meeting aimed to discuss the bank’s priority areas and solicit feedback from various stakeholders...
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...
by Reality of Aid | Apr 23, 2021 | Development Cooperation, International Finance Institutions, News, RoA Asia Pacific
The Asian Development Bank (ADB) is one of the major contributors of development finance in Asia Pacific. This places ADB in a powerful position to influence development policies and practices of countries in the region. Its status as the leading development investor,...
by Reality of Aid | Apr 15, 2021 | Agenda 2030, Development Cooperation, Development Effectiveness, Highlights, International Finance Institutions, News, News, ODA, OECD-DAC
The recently published preliminary ODA data of 2020 show that aid spending by DAC members totaled 161.2 billion USD which constitutes a 3.5% increase in real terms.[1] But while this increase is a welcome development, it is by all measures marginal compared to the...