Finance for Development Lab’s Post

A great memo from Bruegel for the next commissioner. If we think about investment and particularly delivery if public investment, more eu coordination, quality of investment, technicals capacity are the priority. I would like to see more eu public good. but if not possible, at least focus on better, more coordinated and more transformative investment. The public sector has also a role in creating the conditions for private investment and catalyzing private resources. European Investment Bank (EIB) working hard to deliver. And looking how to do more: 8 priorities, including contributing to CMU.

Cooperation mechanisms According to the organizers, the first annual conference of BRICS think tanks is designed to highlight the importance of cooperation among the research institutions of the BRICS countries in predicting the future and shaping economic and social policies, to build bridges of cooperation linking these countries, and to enhance their role in the multipolar international system. The participating analysts plan to discuss mechanisms for enhancing academic and intellectual cooperation among the BRICS countries. Particular attention will be paid to the role of the media in disseminating the researchers’ findings and expanding the scope of the dialogue on common issues within the BRICS group. The participants will also exchange opinions on how think tanks might contribute to economic growth strategies and trading cooperation among the BRICS countries. (Part Two, The End) #business #finance #financialservices

The European Political Community (EPC) stands at a critical juncture, seeking to solidify its pivotal role in Europe's strategic dialogue and security cooperation. With the ongoing war in Ukraine, prioritizing security discussions has become imperative. Our academic think tank, the Global Policy Center (GPC), at IE School of Politics, Economics & Global Affairs, has just published a policy brief analysing the key challenges to consolidating the EPC.   Institutionalizing key aspects, such as appointing designated facilitators ("sherpas"), could significantly enhance the EPC's effectiveness in shaping the continent’s security architecture. The upcoming summit presents a crucial opportunity to reaffirm the UK's role, reengage Turkey, and designate future hosts. With five summits convened over the past two years, the EPC's relevance is increasingly evident. Now, more than ever, it is crucial to strengthen its role as Europe’s platform for strategic discussions.   The report was developed with the expertise of several distinguished contributors, including Dr. İlke TOYGÜR, Director of the Global Policy Center and Professor of Geopolitics of Europe in the IE School of Politics, Economics, and Global Affairs at IE University, and Sébastien Maillard, Special Advisor from the Jacques Delors Institute. Additional participants included Luis de Lossada i Gallart, Cristina Vicente Ruiz, Manuel Muñiz, and Angel Alonso Arroba, along with representatives from Sciences Po and the Institut Jacques Delors.   For an in-depth exploration of the EPC's path to consolidation, including insights from the IE's Global Policy Center (GPC), read the full paper: https://lnkd.in/dV58hT_H Jaime de Aguinaga Garcia, Juncal Sánchez Mendieta, Kerry Parke, ROSA ARANDA Barrio, Carlos Saldaña, Alejandra Carolina Acedo Samaniego, Iratxe Piñeiro Garate, Cristina Vicente Ruiz

Join RAMP's University Network Seminar Series this week—a platform for cutting-edge discussions on the economics and finance of climate adaptation. The series addresses critical topics like adaptation finance, disaster risk finance, and the macroeconomic implications of climate change. 🌍 On 27 November, we'll explore the impact of climate change on sovereign borrowing in Africa. How does climate change affect the cost of government borrowing? You'll hear from Nadia Ouedraogo, PhD of United Nations Economic Commission for Africa as she unpacks her research on the relationship between climate vulnerability, readiness, and sovereign borrowing costs in African countries from 2002–2020. Key findings of the research: 📈 Vulnerability Increases Costs: A 1-unit increase in vulnerability raises bond yields by 4.4% and spreads by 3.6%. 📉 Resilience Reduces Costs: A 1-unit increase in readiness reduces bond yields by 1.9% and spreads by 3.1%. 💰 Broader Implications: Countries with lower readiness and fiscal capacity face higher risk premiums, making borrowing costlier. This underscores the urgent need for targeted policy strategies to enhance resilience, strengthen governance, and foster sustainable growth to reduce financial risks and improve stability. Register for the seminar ➡️ https://bit.ly/3AMkEzh Find out more about RAMP 🌐 https://bit.ly/3Wy8li7 #ClimateFinance #AdaptationFinance #ClimateAdaptation

𝐖𝐡𝐚𝐭 𝐛𝐫𝐢𝐧𝐠𝐬 𝐬𝐩𝐞𝐚𝐤𝐞𝐫𝐬 𝐟𝐫𝐨𝐦 𝐝𝐢𝐯𝐞𝐫𝐬𝐞 𝐩𝐫𝐨𝐟𝐞𝐬𝐬𝐢𝐨𝐧𝐚𝐥 𝐛𝐚𝐜𝐤𝐠𝐫𝐨𝐮𝐧𝐝𝐬 𝐬𝐮𝐜𝐡 𝐚𝐬 𝐀𝐝𝐯𝐨𝐜𝐚𝐭𝐞 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐊𝐨𝐤𝐨𝐭𝐭, 𝐌𝐫. 𝐄𝐮 𝐉𝐢𝐧 𝐂𝐡𝐮𝐚 𝐨𝐟 𝐓𝐞𝐦𝐚𝐬𝐞𝐤, 𝐚𝐧𝐝 𝐓𝐡𝐨𝐦𝐚𝐬 𝐄𝐫𝐧𝐨𝐮𝐥𝐭 𝐨𝐟 𝐭𝐡𝐞 𝐅𝐫𝐞𝐧𝐜𝐡 𝐓𝐫𝐞𝐚𝐬𝐮𝐫𝐲 𝐭𝐨 𝐭𝐡𝐞 𝐂𝐄𝐋𝐈𝐒 𝐅𝐨𝐫𝐮𝐦 𝐨𝐧 𝐅𝐨𝐫𝐞𝐢𝐠𝐧 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐒𝐜𝐫𝐞𝐞𝐧𝐢𝐧𝐠 (𝐂𝐅𝐈𝐒 𝟐𝟒)? 𝐓𝐡𝐫𝐞𝐞 𝐩𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞𝐬, 𝐨𝐧𝐞 𝐢𝐬𝐬𝐮𝐞: 𝐇𝐨𝐰 𝐭𝐨 𝐛𝐚𝐥𝐚𝐧𝐜𝐞 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐬𝐞𝐜𝐮𝐫𝐢𝐭𝐲, 𝐜𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞𝐧𝐞𝐬𝐬, 𝐚𝐧𝐝 𝐨𝐩𝐞𝐧 𝐦𝐚𝐫𝐤𝐞𝐭𝐬. We are delighted to introduce three of our 60 distinguished speakers for the CELIS Forum on Foreign Investment Screening (CFIS 24) 𝐏𝐫𝐨𝐟𝐞𝐬𝐬𝐨𝐫 Juliane Kokott , 𝐀𝐝𝐯𝐨𝐜𝐚𝐭𝐞 𝐆𝐞𝐧𝐞𝐫𝐚𝐥 𝐚𝐭 𝐭𝐡𝐞 𝐄𝐮𝐫𝐨𝐩𝐞𝐚𝐧 𝐂𝐨𝐮𝐫𝐭 𝐨𝐟 𝐉𝐮𝐬𝐭𝐢𝐜𝐞 (𝐂𝐉𝐄𝐔) – 𝐓𝐡𝐞 𝐉𝐮𝐝𝐢𝐜𝐢𝐚𝐥 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 Professor Kokott will provide insights into the interplay between economic security and the EU Internal Market. Her profound legal expertise will help us understand the judicial dimensions of this balance. Discover more about her here. 𝐌𝐫 Eu Jin Chua, 𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐃𝐢𝐫𝐞𝐜𝐭𝐨𝐫 𝐨𝐟 𝐈𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐚𝐥 𝐑𝐞𝐥𝐚𝐭𝐢𝐨𝐧𝐬 𝐚𝐭 𝐓𝐞𝐦𝐚𝐬𝐞𝐤 𝐇𝐨𝐥𝐝𝐢𝐧𝐠𝐬, 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞: 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 Eu Jin Chua will share his expertise on the priorities and challenges faced by business in the context of increasing economic security concerns. His perspective is essential for understanding the business implications of state ownership and national security. Learn more about Temasek here. Thomas Ernoult, 𝐇𝐞𝐚𝐝 𝐨𝐟 𝐅𝐫𝐚𝐧𝐜𝐞’𝐬 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐬𝐜𝐫𝐞𝐞𝐧𝐢𝐧𝐠 𝐮𝐧𝐢𝐭: 𝐑𝐞𝐠𝐮𝐥𝐚𝐭𝐨𝐫𝐲 𝐏𝐞𝐫𝐬𝐩𝐞𝐜𝐭𝐢𝐯𝐞 Thomas Ernoult will discuss the practical implementation of economic security policies. His regulatory insights will be invaluable for comprehending the operational aspects of these policies. Explore the French FDI screening here.  Engage with these and other thought leaders and explore the multifaceted challenges and strategies shaping Europe’s geoeconomic landscape at CFIS 24. Stay tuned for further updates and additional speaker announcements! Want to secure your spot? Contact us at: [email protected] 🔗 #CFIS24 #EconomicSecurity #Geoeconomics #InvestmentControl #Europe #Government #Business #PrivatePractice 

Three distinct but equally important perspectives on economic security - I could not have wished for more authoritative speakers on the angles they will address at CFIS24 Paris in October. #cfis #economicsecurity #investmentscreening #eulaw #business #france #celis #celisinstitute

We had a fascinating conversation during the Geoeconomic panel at this year’s German American Conference. The focus was on how Germany and the EU should navigate geoeconomic challenges considering the incoming Trump Administration, ongoing tensions with China, and Russia’s war in Ukraine.  Here are a few takeaways from my comments: -         If geopolitics drives foreign policy, diplomacy, and defense policy, geoeconomics drives economic statecraft. -         Finance Ministries and Treasuries have tools including trade policy, sanctions, investment restrictions, international lending, FDI rules, and tech restrictions. -         A renewed trade war with China may be more costly than before, because China has developed and proven willing to use new tools, including its own sanctions and export controls. China’s export restrictions on rare earths germanium and gallium, used in semiconductors, are a prominent example. -         The Biden Administration achieved greater EU alignment with U.S. economic policy toward China. The Trump Administration should carefully weigh those benefits as it considers potential new tariffs on the EU, its dealings with NATO, and the terms on which it would broker peace between Russia and Ukraine. #Geoeconomics

🚨 Call for Contributions for the C3A Symposium in Paris: D-30 🚨 On December 6th at the Conference Center of the The World Bank Office in Paris, #C3A will organize its First Annual Symposium. This event will gather leading voices in global climate policy and research to address the challenges Ministries of Finance face during the #midtransition period, where fossil and #lowcarbon systems coexist in the middle of economic and geopolitical upheavals.   To ensure the success of this first edition, we have launched a call for proposals of both research papers and policy briefs on topics related to the role of Finance Ministries in navigating the mid-transition period. Many thanks to all those who submitted papers! If you still want to send your contribution, you still have 3 weeks 😉   🗓️ Submission deadline: October 20th  📧 Contact: send your paper to [email protected]   For more details on the call, the organizing and scientific committees of the conference, and the submission requirements, visit our webpage: https://lnkd.in/etTzuhf2   #C3ASymposium2024 #ClimateFinance #ClimateAction #ClimateChange #FinanceMinisters

Delighted to co-author this study with Oxford Policy Management for the UK Foreign, Commonwealth and Development Office, exploring what it would take to scale up private investment in adaptation. Adaptation needs are enormous, growing and urgent, and public finance alone will not meet the growing need. Scaling private investment in adaptation and resilience is essential to meet adaptation goals worldwide. This comprehensive report offers nine concrete recommendations for funders to accelerate progress in supporting private investment in adaptation and resilience solutions. Check out the full report by visiting: https://lnkd.in/ePvGJBHY

Don't miss our on the discussion on strategies for advancing gender equality in developing nations. As a Rwandan, I wish to point out significant lessons learned from Rwanda replicable to not only LDC but beyond. examples: 1. Adoption of national policy frameworks that account for inclusive development and empowers women. Access to land, Inheritance, education, health, social protection and many others 2. Establishment of political participation through quotas 3. Establishment of national gender machineries/mechanisms such at the Gender monitoring office, national women structures, women led CSOs ans many more.