This event, jointly organized by Bruegel and the Center for Global Development (CGD), with the participation of the European Commission, provided an opportunity to discuss the implementation of the recommendations G20 Independent Review of MDBs’ Capital Adequacy Frameworks (CAF).

The Multilateral Developmment Bank system needs to evolve, as many of the biggest challenges in the world today are transboundary (e.g., climate change, pandemics). However, the existing multilateral development finance architecture was not designed to address these types of challenges within country portfolios. A refreshed vision of the MDB’s role is needed, one that integrates the traditional development vision (extreme poverty eradication, shared prosperity, and Sustainable Development Goals) with global challenges.

Crucially, there must be a recognition that global challenges and traditional development are interlinked and mutually dependent, and that work to address one does not have come at the expense of the other.

Development finance evolution: options for strengthening MDBs financial capacity

Feel the dimensions change around with CHOP STUII's new Riddim Slapper!

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CHOP STUII -Dimension Change

Journey across space with BOYCIRCUIT's new atmospheric banger!

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BOYCIRCUIT - Space Cadet

Transfer Dimensions with Travma's new heater!

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Travma - Dimensions

Feel the Dimensional Shift with Nyokyo's new colourful track!

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NyoKyo - A Dimensional Shift

Travel to a parallel dimension with BLVSTCORE's new Experimental sounds!

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BLVSTCORE - The 10th Dimension

Paving the way to COP29 next month and COP30 in 2025, Brazil hosted an impactful Clean Energy Ministerial (CEM) at the beginning of October. WRI experts met with global leaders all week, laying a foundation for Latin American countries to demand enabling regulatory frameworks for renewable energy deployment and financing  — two topics that regional expert peers also highlighted during our discussion. It’s critical to enact policies in emerging markets that allow private and public finance to flow into and upgrade energy systems. 

Episode Guests: 
- Sylvana Bohrt, International Clean Energy Associate, WRI Energy Program 
- Ana Teixeira, Country Transition Analyst, Bloomberg NEF 
- Juan Paredes, Senior Renewable Energy Specialist, Inter-American Development Bank (IADB)

Additional BNEF Resources:
- Energy Transition Factbook 2024, launched in October 2024:
https://assets.bbhub.io/professional/sites/24/Clean-Energy-Ministerial-Factbook-2024.pdf
- Brazil Transition Factbook, launched in September 2024:
https://assets.bbhub.io/professional/sites/24/Brazil-Transition-Factbook.pdf

Preparing the World for Proactive Energy Planning: WRI Recaps the Clean Energy Ministerial

"Big Ideas Into Action" is the relaunched podcast from the World Resources Institute, bringing you the big ideas that combat the world's most pressing environmental and developmental challenges. You'll hear the voices of those meeting the challenges on the ground across the globe and find out about the way we're finding the answers and translating them into action. 

We'll be podcasting in series of six to eight at a time, once a week, with occasional special episodes to add our insights and analysis in response to big events. 

The World Resources Institute works around the globe to turn big ideas into action at the nexus of environment, economic opportunity, and human well-being. We focus on seven urgent global challenges that must be addressed to reduce poverty, grow economies and protect natural systems: climate change, energy, food, forests, water, cities, and the ocean.

MULTI DIMENSIONAL BASS STATION
Our artist roster:
@blvstcore
@nyokyo
@chopstuiidubs
https://soundcloud.com/boy_circuit
https://soundcloud.com/user-627239881-625668943

Bruegel is the European think tank working in the field of international economics. Established in 2005, Bruegel is independent and non-doctrinal. It seeks to contribute to European and global economic policy-making through open, fact-based and policy-relevant research, analysis and debate. 

New tracks tagged #mdbs