National DFIs: Critical allies for climate action Why and how can they be more involved in climate finance?
National development finance institutions (NDFIs) can play a vital role in promoting climate
financing and thus achieving Nationally Determined Contributions (NDCs) due to their
knowledge of local markets, their close connections to domestic public and private
stakeholders and their ability for local currency financing. However, currently NDFIs are not
involved as intensively in this field as they could be.
Aligning Climate Policy Engagement with Net-Zero Commitments
This paper supports asset owners in assessing the climate policy engagement
approaches of one of their most important strategic partners: their asset managers.
This paper provides key principles to evaluate and engage asset managers on both their
in-house climate policy engagement and on their portfolio stewardship activities regarding investees’ climate policy engagement.
EUROPE – AFRICA RELATIONS IN A MULTI-CRISES WORLD
This report is the outcome of a partnership initiative launched in 2022 by the European Think Tanks
Group (ETTG) and the United Nations Development Programme (UNDP) Regional Bureau of Africa.
It follows earlier cooperation on AU-EU relations between the two organisations in 2020 and 2021.
Our partnership has aimed to assess the status of Africa-Europe relations in the follow-up of the
EU-AU Summit in Brussels.
Increasing the Alignment of Global Finance with Nature
The global economy must
deliver nature-positive, equitable
outcomes if we are to tackle
the existential challenges of
nature loss and climate change.
As nature is not material in most
financial decision-making, there
is significant misalignment of
public and private financial flows
with nature-positive outcomes.
Understanding the current
degree of alignment of global
finance, and identifying actions
needed to increase it is vital.
Greenflation: The cost of the green transition in small open economies
We propose a new model of a small open economy with efficient energy use to investigate the inflationary dynamics along
the green transition. The model incorporates the production of
green energy that substitutes exogenous brown energy sources
in energy production. Production is characterized by low substitutability between resource and traditional inputs that firms
can alter through directed input-saving technical change.
The Political Economy of Slum Growth: Evidence from Brazil
This paper provides evidence from
Brazil that local government actions can increase slum growth
without changes in poverty or immigration. Using a regression discontinuity design in close elections, I find that victories
by a center-left, pro-poor party in the 2000 municipal election
strongly increased the share of households living in slums in
2010 compared to 2000.
Eficiencia energética y energías renovables
Se pretende incursionar en el conocimiento del sector energético colombiano y específicamente en el tema de la eficiencia energética y las fuentes no convencionales de energía renovable, justificando la financiación con recursos de Findeter de la demanda creciente de proyectos de energía en el país. Junto con este estudio, la Jefatura de Inteligencia de Negocio proporcionará una base de datos para que el área comercial gestione el relacionamiento necesario
Outlook of Fiscal Relations among Government Levels in Latin America and the Caribbean
The Inter-American Development Bank (IDB) and Economic Commission for Latin
America and the Caribbean (ECLAC) have prepared this publication, Outlook of
Fiscal Relations among Government Levels in Latin America and the Caribbean,
with the financial support of the Spanish Agency for International Development
Cooperation (AECID).
Consumer Loans, Heterogeneous Interest Rates, and Inequality
Using the Brazilian administrative credit registry data with the universe of all
consumer loans originated by banks in the country from 2013 to 2019, we document
high borrowing interest rates, which vary systematically with individual’s
characteristics. In particular, even after controlling for several observable
individual attributes (such as income, occupation, and default probabilities,
low-income), individuals pay higher interest rates than high-income borrowers.
ADAPTING TO NATURAL DISASTERS IN AFRICA
The private sector has an indispensable role to play in advancing climate adaptation and resilience building. The need for private sector solutions to address climate change impacts is even more pronounced in Africa given its sizable needs for adaptation and the limited fiscal space of most African states to adapt and build resilience to climate and disaster risks.