WRI Africa’s Post

AfDB COUNTRY FOCUS REPORT 2024 (In Process)--54 Countries https://lnkd.in/gBXrg8CG The Country Focus Reports (CFRs) foster policy dialogue on macroeconomic performance and outlook and provide insights on mobilising private sector and natural capital finance to drive the continent’s climate resilience and green growth policies. The reports contain several short, medium, and long-term policies to accelerate African countries' economic growth and build resilience to shocks. They provide governments and potential investors with up-to-date, accurate data to inform policy and investment decisions.

💻 Join us for the next OECD Economics Department Webinar! We will discuss how integrating climate-related risks into Medium-Term Fiscal Frameworks enhances fiscal resilience and sustainable development. Key strategies include: • Climate-disaster risk financing • Resilient investments • Policies for managing physical and transition risks We’ll explore experiences from Latin American and Caribbean countries in adopting green budgeting and tools like green taxation, carbon pricing, and revenue recycling to support a low-carbon economy. Don’t miss out on this conversation with Luiz de Mello #OECD and me. ➡ Looking forward to your participation! Details for registration below 👇🏼 #ClimateChange #FiscalResilience #GreenBudgeting #SustainableDevelopment #OECD #IDB

🌍 New paper on nature loss and economic and financial risks 🚨 Excited to share our new #IMF Staff Climate Note on nature-related risks, co-authored with my IMF colleagues Charlotte Gardes-Landolfini, Jamie Marie Fraser, Mariza Montes de Oca León, PhD, and Yujia Yao. We hope that this note will help inform discussions on the implications of unprecedented nature degradation, and its interactions with climate change, for macroeconomic and financial sector policies and policy frameworks. Our #IMF Staff Climate Note can be found here: https://lnkd.in/eKJafEYv #nature #naturerisk #naturefinance #environment #macroeconomics #financialstability #banks #Minskymoment #ecosystemservices #planetaryboundaries

💰 As 2030 approaches, there’s an estimated $4 trillion annual financing gap to achieve the Sustainable Development Goals (#SDGs). ⛈️ This amount doesn’t include the additional $2–3 trillion needed annually for climate financing. 🤔 Where will these trillions come from? 🚨 With geopolitical tensions and #multilateralism distrust rising, the urgency to mobilize these resources has never been greater. 💻 Learn more through Betty Wainaina (Associate Director, Multilateral Reform Program, NYU Center on International Cooperation (CIC))’s latest UNU-WIDER - United Nations University World Institute for Development Economics Research blog 🔗 https://lnkd.in/e6GFFh8k #NYUCIC #SustainableDevelopment #GlobalFinance #GlobalGoals

Climate economy is the next big challenge. All of us must be aware of the Institutions and mechanisms that unlock climate finance and funding. A good initiative by IMF

Last Call: The Caribbean Economic Research Team (CERT) invites you submit your abstract for the 55th Annual Monetary Studies Conference! This year’s theme, “Macroeconomic Management in an Era of Polycrisis,” brings together policymakers, researchers, and practitioners for a vital discussion on navigating complex global challenges. We welcome submissions on topics including: • Caribbean economic adjustment and de-globalisation • Financial development and stability • Climate change adaptation • Digital innovation and transformation • Regional integration and governance Key Details: • Dates: Wednesday, November 6 - Friday, November 8, 2024 🗓️ • Format: Hybrid (face-to-face and virtual participation) • Location: Hosted by the Central Bank of Barbados 🇧🇧 Submit your paper or extended abstract by August 16, 2024! Learn more and submit your work: [email protected] & [email protected]) Share this opportunity with your network! #AMSC2024 #MacroeconomicManagement #Polycrisis #CaribbeanEconomy #CentralBankBarbados

Futures thinking and foresight is a powerful planning approach that can help the region meet economic, political, social, and environmental and climate change challenges. Sharing this interesting publication that compiles lessons from an ADB initiative to apply futures and foresight tools in Armenia, Cambodia, Kazakhstan, Mongolia, the People’s Republic of China, the Philippines, and Timor-Leste. https://lnkd.in/gSzbyda

The recent US presidential election will clearly lead to one choice, global division and aggravation of the crisis. As written here, the background to this is that the system established after World War II has become distorted due to changes in the times (such as the growth of emerging countries and the decline of the middle class in developed countries), and I think that Trump's current choice is to destroy this outdated system. This is not only seen in the United States, which elected Trump, but also in regional conflicts such as Ukraine, North Korea, and Gaza in the form of conflict. As pointed out, reform is necessary to respond to the challenges, and the only option is to utilize an organization called the IMF, but I believe that the next system cannot be built without a clear collapse of the system before that. Of course, we do not want war or conflict, but we need a message or event to move forward. On top of that, the construction of a new system is necessary to form a strong next system. What we are facing now is not a problem between countries, but a global issue such as climate change, and also the problem of division that each country faces.

📢 Call for proposals   🌱 The UK Foreign, Commonwealth and Development Office invites proposals to conduct a research study on Private Finance in Climate Action – Lessons for India.     🌍 The study should be completed within 6 months (starting November 2024). Organisations interested in submitting a proposal for the study, please write to <[email protected]> to receive the application material.      The deadline for submission of proposals is 15 October 2024 (23:59 GMT).       #FCDO #research #callforproposals #ClimateAction #ClimateFinance #FinanceforDevelopment

🌍 Our Climate Economics and Finance program team has just concluded an intensive 3-day workshop on aligning critical interventions to advance climate action across Africa. As a catalyst for human systems’ transitions towards climate-forward pathways and sustainable economic growth, the Climate, Economics and Finance program enables the unlocking of climate finance to drive impactful change. By aligning programs like WRI’s P4G Partnerships, Resilience Adaptation Mainstreaming Program (RAMP) and National Climate Action, we aim to build lasting resilience and bridge the gap between global climate goals and local impact. This collaboration strengthens evidence-based advocacy, fosters strategic alliances, enhances private sector participation, and drives substantial investment to implement Africa’s climate and green economy ambitions. 🌱 Together, we can create a sustainable future. Learn more about our work and how we’re making a difference: https://lnkd.in/eA7mhe_D