{"id":60862,"date":"2023-01-20T10:17:28","date_gmt":"2023-01-20T09:17:28","guid":{"rendered":"https:\/\/staging.i4ce.org\/?p=60862"},"modified":"2023-07-20T11:41:55","modified_gmt":"2023-07-20T09:41:55","slug":"2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate","status":"publish","type":"post","link":"https:\/\/staging.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/","title":{"rendered":"2023\u2019s resolutions for a\u00a0reform of development finance"},"content":{"rendered":"<p><strong>2022 ended up on a consensus that the global financial architecture is no longer \u201cfit for purpose\u201d. In other words, the financial ecosystem created post-war to support international development &#8211; at the centre of which are the IMF and the World Bank who were joined later by other international public financial institutions &#8211; wasn\u2019t designed to address the multiplicity of challenges the world is facing today, foremost among which climate change. Time is running, and the good news is that 2023 is set up to be a busy year with key events setting the milestones for a reform of the international financial architecture, including a Paris Summit in June. The year will close at COP 28, where we will officially take stock of current achievements.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>As we prepare to face hard evidence that too little is being done too slowly, let\u2019s use the positive spirit of January to outline what we would like to see in the next chapter. Deep and concrete changes are what we hope to look back on this time next year and, as explained by <a href=\"https:\/\/staging.i4ce.org\/en\/team\/alice-pauthier\/\" target=\"_blank\" rel=\"noopener\">Alice Pauthier<\/a> <a href=\"https:\/\/staging.i4ce.org\/en\/heres-to-an-impactful-new-year-2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/\" target=\"_blank\" rel=\"noopener\">in her blogpost<\/a>, two areas of work appear particularly critical for a successful reform. First, the new international financial system should be driven at country level, by the thorough identification of financing needs for sustainable development. Second, the focus of attention should not only be on the volumes of development finance: we should allow more consideration to its real impact on the transition of economies.<\/p>\n<p>&nbsp;<\/p>\n<p>At <strong>I<span style=\"color: #ff0000;\">4<\/span>CE<\/strong>, we have been and will be dedicating our efforts to contributing to these priorities: on the financial end, by supporting the debate on how to maximise the impact of public development banks; and on the economic end, by developing methodologies and tools to help countries assess their financing needs and pilot the transition. You\u2019ll find out some more about these activities going through our newsletter.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/mailchi.mp\/i4ce\/i4ce-newsletter-semaine-04-666499\" class=\"external_link \" target=\"_blank\">Read the newsletter<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>2022 ended up on a consensus that the global financial architecture is no longer \u201cfit for purpose\u201d. In other words, the financial ecosystem created post-war to support international development &#8211; at the centre of which are the IMF and the World Bank who were joined later by other international public financial institutions &#8211; wasn\u2019t designed to address the multiplicity of challenges the world is facing today, foremost among which climate change. Time is running, and the good news is that 2023 is set up to be a busy year with key events setting the milestones for a reform of the international financial architecture, including a Paris Summit in June. The year will close at COP 28, where we will officially take stock of current achievements.<\/p>\n","protected":false},"author":9,"featured_media":59628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[16],"tags":[],"class_list":["post-60862","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-foreword-of-the-week"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2023\u2019s resolutions for a\u00a0reform of development finance - I4CE<\/title>\n<meta name=\"description\" content=\"2022 ended up on a consensus that the global financial architecture is no longer \u201cfit for purpose\u201d. In other words, the financial ecosystem created post-war to support international development - at the centre of which are the IMF and the World Bank who were joined later by other international public financial institutions - wasn\u2019t designed to address the multiplicity of challenges the world is facing today, foremost among which climate change. Time is running, and the good news is that 2023 is set up to be a busy year with key events setting the milestones for a reform of the international financial architecture, including a Paris Summit in June. The year will close at COP 28, where we will officially take stock of current achievements.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2023\u2019s resolutions for a\u00a0reform of development finance - I4CE\" \/>\n<meta property=\"og:description\" content=\"2022 ended up on a consensus that the global financial architecture is no longer \u201cfit for purpose\u201d. 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The year will close at COP 28, where we will officially take stock of current achievements.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/\" \/>\n<meta property=\"og:site_name\" content=\"I4CE\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-20T09:17:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-20T09:41:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.i4ce.org\/wp-content\/uploads\/2022\/10\/Claire-Eschalier-carre.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1856\" \/>\n\t<meta property=\"og:image:height\" content=\"1845\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sacha Poree\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/staging.i4ce.org\/wp-content\/uploads\/2022\/10\/Claire-Eschalier-twitter.png\" \/>\n<meta name=\"twitter:creator\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:site\" content=\"@I4CE_\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sacha Poree\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/\"},\"author\":{\"name\":\"Sacha Poree\",\"@id\":\"https:\/\/www.i4ce.org\/#\/schema\/person\/019647dfff6cbbde1a8f49ae7edf6346\"},\"headline\":\"2023\u2019s resolutions for a\u00a0reform of development finance\",\"datePublished\":\"2023-01-20T09:17:28+00:00\",\"dateModified\":\"2023-07-20T09:41:55+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/\"},\"wordCount\":343,\"publisher\":{\"@id\":\"https:\/\/www.i4ce.org\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.i4ce.org\/wp-content\/uploads\/2022\/10\/Claire-Eschalier-carre.jpg\",\"articleSection\":[\"Foreword of the week\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/\",\"url\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/\",\"name\":\"2023\u2019s resolutions for a\u00a0reform of development finance - I4CE\",\"isPartOf\":{\"@id\":\"https:\/\/www.i4ce.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.i4ce.org\/en\/2023s-resolutions-for-country-and-impact-driven-reform-development-finance-climate\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/staging.i4ce.org\/wp-content\/uploads\/2022\/10\/Claire-Eschalier-carre.jpg\",\"datePublished\":\"2023-01-20T09:17:28+00:00\",\"dateModified\":\"2023-07-20T09:41:55+00:00\",\"description\":\"2022 ended up on a consensus that the global financial architecture is no longer \u201cfit for purpose\u201d. 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