Adam Tooze IMF World Bank Center for Global Development Mark Sobel Brad Setser david_mcnair Albert Pinto Lawrence H. Summers But many rich countries are privately throwing cold water on the idea pointing to their own “extraordinarily” constrained domestic budgets. In truth, ODA levels in many rich countries are up but they are reprioritizing their aid away from development/poverty reduction. (3/5)

100% this.

If you go to a music festival, the most interesting music will almost always be on the smaller stages.

Creativity happens at the fringes.

The core of the difficulty in resolving debt crises has been that there are more creditors, with less in common, than in the past. The IMF has announced a radical new step to deal with the problem econ.st/4d23QCu 👇

There's a lot of talk about capital flows OUT of EMDEs during the #springmeetings .

Here are 3⃣ graphs from ONE's new research on net transfers that tell you everything you need to know. 🧵

data.one.org/data-dives/net…

Have been waiting for the #torturedpoets / #springmeetings crossover 🙌

New track just dropped and it's 🔥🔥

ONE CEO Ndidi Okonkwo Nwuneli met UK Deputy Foreign Secretary Rt Hon Andrew Mitchell MP and shared our call for G20 leaders to transform our financial system and make it work for the people & planet. 🤝

Minister Mitchell’s announcement to boost World Bank funding to address the root causes of some

Yep

Adam Tooze IMF World Bank Center for Global Development Mark Sobel Brad Setser david_mcnair Albert Pinto Clemence Landers Lawrence H. Summers Norway also committed hybrid capital. 250 mn NOK for the World Bank Norway MFA

Right now, thousands of government officials, bankers, activists, and more are in Washington, DC for the World Bank and IMF Spring Meetings.

And our Africa Executive Director Serah Makka (who is there!) explains why this is such a big moment. Watch our video to find out. 👇

For the first time since the financial crisis, net finance flows to developing countries turned negative.

Debt relief and reforming the patriarchal, racist global financial system are urgent.

#SpringMeetings #WBMeetings
data.one.org/data-dives/net…

Last year, money flows to developing countries turned negative.
 
If we are to end hunger, poverty and tackle the climate crisis we must take extraordinary measures. The ONE has a 10-point plan👇

Read more:
one.org/stories/intern…
 
#ZeroHunger

Nearly 1.5 million girls in Africa will miss a chance to be vaccinated against HPV because of a problem with the drugmaker Merck’s dose production.

‼️1 in 3 Europeans live in places that have slowly fallen behind in the last two decades‼️

A depressing finding from the Enrico Letta's Report on empowering the EU to deliver for people.

h/t Emily Wigens

consilium.europa.eu/media/ny3j24sm…

I endorsed this 10-point Plan promoted by ONE in Africa Kristalina Georgieva Abebe Aemro Selassie The African Climate Foundation

I stand with ONE in urging IMF to take action:

1. Craft new solutions to the debt crisis.
2. Invest in women and the environment.
3. Give Global South countries a real seat at the table.

Read the 10-point plan: data.one.org/10pointplan #GoodFood4All