Devex Podcasts

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...

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...

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 Organizati...

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 techn...

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 pr...

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 c...

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 developmen...

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 — su...

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 Goo...

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 uncertain...

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 r...

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 qu...

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 f...

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 opera...

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...

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...

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...

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 the...

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 b...

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...

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 b...

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 activ...

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...

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 heavi...

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,...