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Financing progress - leading thinkers and practitioners on the future of development finance
The debate is hotting up on what, exactly, will follow the Millennium Development Goals (MDGs). But one thing is certain about the future post-2015 goals – without money they will remain just words on paper. With that in mind, we have invited leading thinkers and practitioners to shed light on the most important aspects of development finance today. Over the coming months, a series of blogs will challenge and cajole, supply ideas, and add to the growing momentum for improved development cooperation.
We will start with a set of blogs that analyse the changing context within which this debate takes place. A second set of blogs will look at some of the main themes to be addressed by a new financing consensus, including the roles of the private sector and international civil society, the importance of taxation, the problems with microcredit and wranglings in the world of climate finance. In a third set of blogs we will zoom in on particular regions and their financing needs and possibilities and finally, we have invited leading contributors of development finance to write about how their role is changing, and how it will change in the future.
The history of development finance shows how ideas once thought of as pipedreams (such as debt cancellation and international taxation) can become reality. In a world in flux, this is ever more true today. In this blog series we welcome big ideas and new possibilities, but always with our feet firmly placed on the solid ground of practical action.
Continuing our financing progress blog series, USAID's Alex Thier blogs on the Power Africa initiative, which sets out to bring electricity to those without it on the continent, using it as an example of a development model that brings together 'accountable local ownership, innovation and an intense focus on results' alongside a fresh approach to financing and partnerships.
How can the post-2015 development finance agenda deliver for citizens in developing countries? Tom Fry and Salome Zuriel write for our financing progress series about domestic resource mobilisation in Africa, looking at how it is becoming a priority for African governments and the ways in which it can make a strong contribution to meeting the needs and matching the priorities of African citizens.
Kishan Khoday takes a look at development finance in the Arab region in the run up to 2015. Aid from the Arab region has been expanding in recent years - combined with the social changes taking place in the region, and the fact that the region still receives significant amounts of aid as well, this makes for a complex and changing development finance landscape.
Tony Killick OBE takes a look at how development policy in the UK has transformed over the past few years, from a focus on 'MDG type concerns' to a policy driven by the pursuit of growth. He argues that there should be a stronger public and intellectual discussion of this transformation, and poses a series of questions that he believes should be asked of DFID.
Continuing our financing progress blog series, Andy Wales of SABMiller looks at the role business can play in achieving meaningful alleviation of poverty. He describes a programme put in place to help small business develop and how it can help the owners overcome the barriers they face in escaping poverty.
The ideal split between public and private sources of climate finance has been left deliberately ambiguous in the major meetings on the subject. In this blog, Saleemul Huq and Barry Smith argue that the promised $100bn should all come from public funds, rather than split with the private sector, and suggest how governance arrangements could be made most effective and legitimate.
How can international development finance support localised development? Taking Palestine as an example, this blog looks at the ways in which local communities can take control of their own development, including through means such as community foundations. It also looks at the obstacles to local communities empowering themselves through development.
The debate is hotting up on what, exactly, will follow the Millennium Development Goals (MDGs). But one thing is certain about the future post-2015 goals – without money they will remain just words on paper. Jonathan Glennie kicks off a new blog series that will shed light on the most important aspects of development finance today.