The World Federation of Development Financing Institution’s Knowledge Hub (WFDFI_KH) is an online portal that clusters knowledge and resources on development financing across all development intervention areas. It is a free-for all web space where development financing practitioners and enthusiasts could access existing and compelling knowledge products from a wide range of institutions, with diverse structure and procedures, engaged in supporting and promoting development finance and its crosscutting issues in advancing policies, processes, programs, projects and practices for the benefits of their beneficiaries and stakeholders. The two-fold purposes of the WFDFI_KH are shaping and advancing policy and advocacy positions that impact the development of the banking and finance community worldwide and improve DFI capacity, as well as facilitating knowledge management and sharing.
ADB has developed this tool kit and road map, which outlines the key steps, challenges, and relevant country experiences for all three elements of getting carbon prices right. Drawing on existing research and knowledge products, this policy brief will help policymakers in ADB DMCs appreciate the landscape and, more importantly, the interplay of carbon pricing instruments and fossil fuel subsidies, as well as understand how these policies synergize or conflict with each other and broader environmental goals.
Expanding on the general overview of the financial sector in Africa, this second article focuses on the development of the capital markets and the recent initiatives to attract long-term capital to the continent. Capital markets in Africa are still in their infancy and mirror the economic development of the continent. However, the evolution over the last decade prior to COVID-19 pandemic underscores the growth potential. The number of stock exchanges have grown from seven in the 1980s to 30 in 2020. The evolution of financial markets mirrors the economic development of the region. The market capitalisation of the JSE (Johannesburg Stock Exchange ) alone accounts for more than 80% of the entire ASMs, while the rest of the stock exchanges are characterized by low market capitalisation, few domestic companies, small size of listed firms and low levels of liquidity with few shares mostly dominating total trading activity. The biggest ones are at a very advanced stage of interconnection that has increased liquidity and product diversification. The article profiles the ongoing efforts towards improving the available long-term financial resources with institutional investors.
Author: Albert A. Agyemang-Badu; Muazy Ibrahim; Fernando Gallardo Olmedo; Guy Roger Menan; Juan Antonio Obregón; Hugues Kamewe Tsafack
The study focuses on the Central American countries comprising of- Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, Panama, and Dominican Republic which together constitute the Central America Integration System (SICA). The GDP of Central American countries which stood at US$ 35.3 billion in 1980 has grown more than twelve folds to reach US$ 428.4 billion in 2022. Based on the GDP size, Dominican Republic, followed by Guatemala and Panama are the largest economies of the region. The global economic disruptions caused by of the pandemic severely affected the region. The countries in the region, however, immediately responded to the crisis by implementing a host of measures in response to the pandemic, including lockdowns and curfews, additional funding and equipment for public health services, direct payments to individuals and families, and stimulus packages for small and medium-sized businesses, all with varying degrees of success. In 2021-22, the economies witnessed a strong rebound as the impact of the pandemic reduced, and vaccination around the world aided gradual reopening of economies.
The digitization of economy, and particularly the e-commerce can encourage innovation and contribute to the process of digital transformation of micro, small and medium enterprises (MSME) through the implementation of digital technologies and new business models, which can improve the efficiency and productivity of companies beyond its effects on access to new markets.
Author: Lotitto, Estefanía; Díaz de Astarloa, Bernardo
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.
This report provides estimates of Latin America and the Caribbean’s international trade flows for 2022. It was prepared by the Integration and Trade Sector (INT) at the Inter-American Development Bank (IDB), in partnership with its Institute for the Integration of Latin America and the Caribbean (INTAL), under the overall supervision of Fabrizio Opertti, Sector Manager, Pablo García, Regional Integration Unit Chief, and Ana Basco, Director of INTAL.
This report explores the global landscape of the Green, Social, Sustainability and Sustainability-linked (GSSS) Bond market. Based on research and interviews conducted with experts from public development banks, credit rating agencies, asset managers and industry associations, the report offers analysis of the current state of the GSSS market and international best practices in the issuance of these bonds.