Session 11: Financing for Development: What Comes next - Climate Finance

Annoncé le 16 septembre dernier, l’arrêt définitif de l’enquête annuelle sur le climat des affaires est une erreur. Véritable référence pour l’analyse économique et entrepreneuriale dans 190 pays, c’est un instrument perfectible, mais indispensable. Dans la foulée d’une enquête indépendante menée par le cabinet d’avocats WilmerHale, qui pointait les pressions inopportunes exercées par la Chine et par d’autres pays lors de la préparation de son rapport annuel Doing Business, la Banq ...

The first two decades of this millennium were marked by major political, economic and geopolitical disruptions. This has led many analysts to predict that the world economy is entering a phase of “deglobalization” – that is, a retreat from the globalization process. This policy brief discusses how “deglobalization” affects the role and relevance of international trade institutions and agreements. The basic message is that investing in the improvement of the rules-based multilateral ...

Seconde nation la plus peuplée d’Afrique après le Nigeria, l’Éthiopie se distingue par un essor économique continu depuis trente ans. Des progrès notables sévèrement remis en question par le conflit avec la province du Tigré, qui dure depuis près d’un an. Pays phare de la Corne de l’Afrique, l’Éthiopie s’est distinguée par une croissance moyenne à deux chiffres (10 %) sur la période 2010-2019. Tombée à 6 % en 2020, celle-ci ne devrait pas dépasser 2 % en 2021 selon la Banque mondia ...

In order to close the financing gap in green technologies, finding new mechanisms to enhance the participation of the private sector, combined with that of the public sector, in financing sustainable and climate-resilient infrastructure is a must. In this context, some unlisted instruments are going to be needed to enhance financing of green infrastructure. Besides, the development of properly structured projects, with risks and returns in line with the preferences of the different ...

Changes in global value chains and reshoring trends brought about by the Covid-19 pandemic represent an opportunity for sustainable and inclusive economic development of the Mediterranean region. While the region has increased its participation in trade and global value chains, it remains below its potential due to limited connectivity and the lack of adequate investment in infrastructures. To boost competitiveness and attract near-shoring investments, an upgrade of the Mediterranea ...

Face à la concurrence mondiale croissante, les Emirats arabes unis (EAU) ont pu constater le retard enregistré dans le domaine maritime dans les points stratégiques traditionnels au début du 21ème siècle. Pour autant, le pays détient une position importante sur la scène internationale en ce qui concerne le transport maritime. Grâce à la DP World, instrument diplomatique émirati, le lancement d’initiatives permettant au pays de regagner une place et une implantation dans différents p ...

Concerns are real, but the country fares as well as peers at similar levels of development China holds a paradox: Western policy-makers and many firms decry discriminatory business practices — concerns that have culminated in a trade war between the US and China — yet foreign direct investment (FDI) in China continues to thrive. In the first quarter of this year, FDI into China soared by 40% compared to the same period a year prior and, as reported by Unctad, the country overtook t ...

The major announcement of December 21, 2019, of the shift from the CFA franc to the Eco led to major changes in the monetary landscape and institutional setting of the West African states. This paper analyzes the benefits and challenges for economic and monetary cooperation in West Africa of this new development. While this new initiative has many advantages, establishing a new currency at the West African region, as a whole faces unresolved issues that may compromise its success. T ...

The COVID-19 pandemic caused a shock to both demand and supply, leading to the biggest collapse in world output since the Great Depression. Since late 2020, a more rapid than expected recovery has been observed. Five questions arise frequently. Here is my take on those questions. 1- Is the pandemic receding? No, but we have a vaccine to control it, and are better at managing it with selective measures, as distinct from total lockdowns, which kill the economy. The global number of ...