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 exi...
Feb 08, 2024•42 min
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...
Feb 02, 2024•29 min
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. Togeth...
Jan 26, 2024•26 min
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 Pre...
Jan 25, 2024•39 min
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 BarefootL...
Jan 23, 2024•25 min
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...
Jan 22, 2024•34 min
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...
Jan 18, 2024•27 min
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 ...
Jan 18, 2024•23 min
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 need...
Jan 11, 2024•30 min
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 ...
Jan 09, 2024•35 min
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...
Jan 09, 2024•43 min
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...
Jan 08, 2024•48 min
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...
Jan 08, 2024•34 min
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 livest...
Dec 28, 2023•27 min
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...
Dec 21, 2023•28 min
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 w...
Dec 18, 2023•53 min
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 inte...
Dec 15, 2023•37 min
The United Nations climate conference, or COP 28, kicked off with a great deal of optimism as the loss and damage fund was established and countries made their first pledges to contribute. However, concerns remain on whether money channeled through the scheme will really reach its intended recipients. An alternative model to this is the one utilized by GiveDirectly, the U.K. charity that provides direct cash transfers to vulnerable households. To find out more about the organization — including ...
Dec 15, 2023•31 min
For too long, Indigenous peoples were sidelined from the climate negotiations process, despite being among the most directly affected by climate change. That changed at COP 26 in Glasgow, when for the first time in the history of the UN climate conferences, indigenous representatives were invited to engage directly and share experiences with governments. Indigenous leaders, however, argue that there is still a long way to go towards having their rights sufficiently recognized. “We see that at le...
Dec 11, 2023•28 min
This year’s U.N. Climate Conference has already been a historic one in the nearly 30-year timespan of the COP process because it’s the first time there’s been a day dedicated to the linkages between climate change and health. Health advocates are drawing attention to the growing public health emergency surrounding the burning of fossil fuels, especially in the wake of controversial comments made by COP 28 President Sultan Ahmed al-Jaber in which he said there is “no science” that says phasing ou...
Dec 07, 2023•40 min
This week we traveled to Dubai to follow the discussions at COP 28, the U.N. climate summit, and to find out what the outcomes of the negotiations could mean for the global development sector. The first day saw the creation of a loss and damage fund designed to compensate the lowest-income nations most heavily affected by the negative impact of climate change. While the move is a step in the right direction, activists hope that the wealthiest and most-polluting nations will follow through on the...
Dec 07, 2023•29 min
This year’s U.N. Climate Conference has already been a historic one in the nearly 30-year timespan of the COP process because it’s the first time there’s been a day dedicated to the linkages between climate change and health. Health advocates are drawing attention to the growing public health emergency surrounding the burning of fossil fuels, especially in the wake of controversial comments made by COP 28 President Sultan Ahmed al-Jaber in which he said there is “no science” that says phasing ou...
Dec 06, 2023•32 min
The United Nations Climate Change Conference known as COP is an imperfect forum for achieving progress on climate change. The discourse that unfolds there is dominated by the global north. Any action agreed upon is nonbinding. It’s heavily attended — and influenced — by lobbyists for the fossil fuel industry. It may not be the forum we need, but it’s the forum we have, Kumi Naidoo, a climate activist and the former executive director of Greenpeace International, told Devex on the most recent epi...
Dec 03, 2023•27 min
The 2023 United Nations Climate Change Conference, or COP 28, kicked off this Thursday. As with the summits in previous years, we arrive with the usual set of questions: Will pledges be met? Are the biggest polluters going to commit to support the most in need? Will the conference lead to meaningful change? The first day saw an agreement reached over a loss and damage fund, with countries already making initial pledges, including the United Arab Emirates, the United States, and Germany. However,...
Nov 30, 2023•40 min
There was a time when world leaders and climate activists mostly spoke about climate change within the framework of mitigating its impacts by taking actions such as reducing fossil fuel consumption and the flow of heat-trapping greenhouse gasses. Little was said about how to help communities adapt to the impacts of climate change. Data is consistently showing us that climate change will most heavily affect the global south through extreme weather events, including heat waves, droughts, and flood...
Nov 29, 2023•44 min
The Bridgetown Initiative, an ambitious set of proposals to overhaul how development finance works spearheaded by Barbados Prime Minister Mia Mottley, has been front and center of discussions about climate finance since its unveiling at last year’s United Nations Climate Conference, or COP 27. The initiative aims to address some of the inequalities that exist in the current financial architecture, such as the fact that high-income countries are able to borrow at much more favorable interest rate...
Nov 27, 2023•44 min
The decision to establish a loss and damage fund to provide financial assistance to countries affected by climate disasters was hailed as one of the biggest achievements at last year’s climate conference, or COP. One year later, reaching an agreement on how that fund will be operationalized is widely seen as a benchmark for success at COP 28. While negotiators managed to agree on a draft framework for the fund earlier this month, multiple points of tension remain. Developing countries and civil ...
Nov 22, 2023•36 min
The latest edition of This Week in Development takes both a ground-level and 30,000-foot view of localization and the latest issues in development, ranging from unpaid workers in Nigeria to a YouTube influencer-turned-do-gooder to a climate fund struggling to get up to speed. Sara Jerving’s exclusive story offers an object lesson on the importance of coordination and collaboration in large, sprawling development endeavors with multiple stakeholders. She reports on the Saving Lives and Livelihood...
Nov 21, 2023•38 min
Hakima El-Haite knows what it takes to host a U.N. climate conference. The former Moroccan environment minister served as vice president of COP21 — where the Paris Climate Agreement was signed — and then played a key role in bringing the next climate summit to her home country. Since then, a global pandemic, debt crisis, multiple wars and rising geopolitical tensions have narrowed the space for international cooperation. “We need to come back again and to build the trust, because today the trust...
Nov 16, 2023•30 min
Climate + is our new twice-weekly podcast, publishing in the lead up to, during, and after this year's UN climate conference in Dubai. . Join Devex senior reporter Michael Igoe as we speak with COP insiders and experts, campaigners, and contrarians to ask — can COP28 deliver? . Subscribe now to Climate +, wherever you get your podcasts.
Nov 14, 2023•1 min
