report October 23, 2021 Africa in the news: Energy and climate finance updates, Mozambique’s debt write-off, and US COVID-19 vaccine donation Africa proposes expanding and tracking climate finance; Egypt and Greece plan to link electrical grids; South Africa seeks low-cost financing for clean energy Frustrated with a lack of climate-related funding from wealthy nations, Africa’s lead climate negotiator proposed this week to build a new system to track climate finance contributions by country. Indeed, funding has fallen short of the... By Brookings Institute, Post, Uncategorized Brookings Institute
report October 23, 2021 Africa in the news: Energy and climate finance updates, Mozambique’s debt write-off, and US COVID-19 vaccine donation Africa proposes expanding and tracking climate finance; Egypt and Greece plan to link electrical grids; South Africa seeks low-cost financing for clean energy Frustrated with a lack of climate-related funding from wealthy nations, Africa’s lead climate negotiator proposed this week to build a new system to track climate finance contributions by country. Indeed, funding has fallen short of the... By Brookings Institute, Post, Uncategorized Brookings Institute
report October 22, 2021 Greater transparency for development finance institutions Development finance is critical to global development, including for the achievement of the sustainable development goals, low-income countries’ recovery from the pandemic, and the $100 billion commitment for climate finance. But to know whether finance and development goals are being met—and to keep institutions on track—we need better information on financial flows and how they impact development. Despite the... By Brookings Institute, Event Brookings Institute
report October 22, 2021 Greater transparency for development finance institutions Development finance is critical to global development, including for the achievement of the sustainable development goals, low-income countries’ recovery from the pandemic, and the $100 billion commitment for climate finance. But to know whether finance and development goals are being met—and to keep institutions on track—we need better information on financial flows and how they impact development. Despite the... By Brookings Institute, Event Brookings Institute
report October 22, 2021 Financial risk assessment and management in times of compounding climate and pandemic shocks More than 4 million people have died from COVID-19, and many others face long-lasting effects on their lives and livelihoods. While the full social, economic, and financial implications of COVID-19 are yet to be seen, millions have lost their jobs, and incomes in many countries have sharply declined. This raises concerns about sovereign debt sustainability and financial vulnerability in... By Brookings Institute, Post Brookings Institute
report October 22, 2021 Financial risk assessment and management in times of compounding climate and pandemic shocks More than 4 million people have died from COVID-19, and many others face long-lasting effects on their lives and livelihoods. While the full social, economic, and financial implications of COVID-19 are yet to be seen, millions have lost their jobs, and incomes in many countries have sharply declined. This raises concerns about sovereign debt sustainability and financial vulnerability in... By Brookings Institute, Post Brookings Institute
report October 21, 2021 Sub-Saharan Africa’s debt problem: Mapping the pandemic’s effect and the way forward Background The COVID-19 pandemic has, thus far, spared Africa from the high number of cases and deaths seen in other regions in the world (Figure 1). As of April 2021, sub-Saharan Africa accounted for just 3 percent of the world’s cases and 4 percent of its deaths. Some experts attribute the relatively low case counts in sub-Saharan Africa to the... By Brookings Institute, Report Brookings Institute
report October 21, 2021 Sub-Saharan Africa’s debt problem: Mapping the pandemic’s effect and the way forward Background The COVID-19 pandemic has, thus far, spared Africa from the high number of cases and deaths seen in other regions in the world (Figure 1). As of April 2021, sub-Saharan Africa accounted for just 3 percent of the world’s cases and 4 percent of its deaths. Some experts attribute the relatively low case counts in sub-Saharan Africa to the... By Brookings Institute, Report Brookings Institute
report October 21, 2021 SDRs for COVID-19 relief: The good, the challenging, and the uncertain In August 2020, as a response to the pernicious impact of the COVID-19 pandemic on the global economy and on the finances of member states, the International Monetary Fund (IMF) decided to issue $650 billion of special drawing rights (SDRs). Conceptually, SDRs are a form of unconditional financing for addressing urgent liquidity challenges. SDRs were created in the late 1960s... By Brookings Institute, Post, Uncategorized Brookings Institute
report October 21, 2021 SDRs for COVID-19 relief: The good, the challenging, and the uncertain In August 2020, as a response to the pernicious impact of the COVID-19 pandemic on the global economy and on the finances of member states, the International Monetary Fund (IMF) decided to issue $650 billion of special drawing rights (SDRs). Conceptually, SDRs are a form of unconditional financing for addressing urgent liquidity challenges. Ali Zafar Author - The CFA Franc Zone:... By Brookings Institute, Post, Uncategorized Brookings Institute
