MDB Reform and African Priorities - The State of Global Concessional Finance

The claims on concessional and grant finance are fast increasing. Over the next 24 months, close to a dozen concessional finance entities – including the World Bank’s International Development Association (IDA) or health funds like Gavi —could aim to raise a record $100 billion. But there is a real risk that donors will not keep pace with these big financing asks just as they launch new entities that will also need funding like the Loss and Damage Fund and the World Bank’s Livable Planet Fund. This session will dive into the increasingly crowded constellation of concessional financing entities, explore the coherence and financial sustainability of this architecture and attempt to distill what a more organized and effective system could look like.