A quick note on the impact of the Trump administration ending Temporary Protective Status for 350,000 immigrants from Haiti today.
Clémence Landers
@clemencelanders.bsky.social
Vice President & Senior Policy Fellow @ The Center for Global Development. @cgdev.bsky.social. Former US Treasury and World Bank. post = my views.
From a new paper by @clemencelanders.bsky.social, Karen Mathiasen and Nico Martinez. Shift richer countries to the IBRD, keep IDA's focus on the poorest. www.cgdev.org/blog/priming...
Priming the Pump for a Successful IDA22
Our hope is that stakeholders will coalesce around a series of reforms to address deficiencies in the current model that have led to a surfeit of IDA-eligible countries above the income threshold, con...
cgdev.org
Aid to sub-Saharan Africa fell by ~16–28% in 2025, putting pressure on governments already facing tight fiscal constraints. Join CGD and the IMF for a discussion on what these cuts mean for fiscal stability, public services, and the future of development finance in the region. go.cgdev.org/4v13LHP
Thanks to the @cgdev.org Board for electing me. I am greatly honored to serve in this role, especially at such a pivotal moment for the global economy—one that increasingly threatens the most vulnerable segments of society, particularly in developing countries I have long admired... 1 of 2
Center for Global Development@cgdev.org · 3mo agoWe’re delighted to announce that @elerianm.bsky.social has been elected as the next Board Chair of @cgdev.org. A globally respected economist, he brings experience across finance, policy, and academia, along with a strong commitment to rigorous, independent research. go.cgdev.org/48xItIG
We’re delighted to announce that @elerianm.bsky.social has been elected as the next Board Chair of @cgdev.org. A globally respected economist, he brings experience across finance, policy, and academia, along with a strong commitment to rigorous, independent research. go.cgdev.org/48xItIG
The Iran war is triggering an economic shock: raising oil prices, straining supply chains, and tightening financing. 🎧 In a new CGD podcast, @clemencelanders.bsky.social speaks to Liliana Rojas-Suarez & Catherine Pattillo on what this means for low- and middle-income countries: go.cgdev.org/4mJcKKn
In this episode of the @cgdev.org podcast, I’m joined by Liliana Rojas-Suarez & Catherine Pattillo (our new Senior Fellow at @cgdev.org (!!!) and former deputy director of the IMF’s African Department) to discuss what the war in Iran means for developing countries. www.cgdev.org/blog/cgd-pod...
The CGD Podcast: What Does the Iran War Mean for Low- and Middle-Income Countries? With Liliana Rojas-Suarez and Catherine Pattillo
CGD's Clemence Landers, Liliana Rojas-Suarez, and Catherine Pattillo look at how the Iran war compares to recent shocks like COVID-19 and the war in Ukraine, how governments are responding—from fuel s...
cgdev.org
Happy Bank-Fun(d) week for those of you who celebrate! See @cgdev.org fantastic event line-up and come say hi! #SpringMeetings
Catch CGD's @clemencelanders.bsky.social discussing aid cuts and the crisis of development on the DebtTalks podcast: www.sciencespo.fr/chair-sovere...
DebtTalks Season 2, #11 - Retrenching aid in a volatile world
This episode features Paola Subacchi in conversation with Clemence Landers.
sciencespo.fr
@clemencelanders.bsky.social says IBRD could fill the gap in IDA funding created by falling donor pledges using its $2.8bn/yr profits. It should do that. www.cgdev.org/blog/world-b...
Is the World Bank Spending Its Record Profits Optimally?
Despite the global development system’s existential funding crunch, the World Bank is booking record profits. Last fiscal year, the World Bank reported a record $2.4 billion in profit. And in the firs...
cgdev.org
The Millennium Challenge Corporation (MCC) recently introduced big changes to its country scorecards, which inform partner selection. @ecollinson.bsky.social & Julia Brownell give a quick rundown of what’s new and what it portends for the agency’s future programming: https://go.cgdev.org/3KTiPW4
A Quick Look at MCC’s New Scorecards
The Millennium Challenge Corporation (MCC) recently introduced big changes to its country scorecards, which inform partner selection. Here’s a quick rundown of what’s new and what it portends for the ...
go.cgdev.org
Check out @jmadankeller.bsky.social, @clemencelanders.bsky.social, and @rrockafellow.bsky.social's policy paper on how the Global Fund can adapt to a shrinking aid landscape, as featured in a @healthbeat.org article about the Global Fund filling in donation gaps: https://go.cgdev.org/44crtpk
How the Global Fund might cover a $6.7B shortfall in donations
Also in the Global Health Checkup: A grim outbreak in Ethiopia, bird flu, WHO layoffs, and a dengue cure shut down by Johnson & Johnson.
go.cgdev.org
As aid budgets shrink, the Global Fund’s next $18B replenishment target looks unlikely. A rethink is needed. @jmadankeller.bsky.social & @clemencelanders.bsky.social outline how a mixed grant–loan model could strengthen the Fund’s future: https://go.cgdev.org/4odMAyJ
Weathering the Donor Downturn: The Case for a New Financial Model for the Global Fund
The Global Fund is heading into its replenishment with a lofty fundraising goal: $18 billion for the next three years (2026–2028). But in today’s world of shrinking aid budgets, that target might alre...
go.cgdev.org
📣Excited to share new @cgdev.org research w co-conspirators @clemencelanders.bsky.social & Rowan Rockafellow exploring an alternative funding path for the Global Fund in a shrinking aid landscape Full disclosure, it's a bit wonky🤓 so hang on for the ride Summary blog: www.cgdev.org/blog/weather...
Weathering the Donor Downturn: The Case for a New Financial Model for the Global Fund
The Global Fund is heading into its replenishment with a lofty fundraising goal: $18 billion for the next three years (2026–2028). But in today’s world of shrinking aid budgets, that target might alre...
cgdev.org
Center for Global Development@cgdev.org · 9mo agoWith major donors scaling back aid, the Global Fund’s $18B target for 2026–2028 looks out of reach. @jmadankeller.bsky.social & @clemencelanders.bsky.social propose a rethink of the Global Fund’s donor-dependent model. Learn more about the mixed grant & loan approach: https://go.cgdev.org/4odMAyJ
"This might be a moment of opportunity...to build a new modernized and more equal system. Redefine the rules and redefine who gets to write the rules." @clemencelanders.bsky.social discusses how a new vision for global development cooperation can reshape the system: https://go.cgdev.org/3Lk1OV7
Spirit Halloween now has a section devoted to Trump’s economic policies
The World Bank's IDA is facing an uphill climb ⛰️ to maintain its $100bn replenishment, as the tight global interest rate environment drives up borrowing costs. Nico Martinez & @clemencelanders.bsky.social explain how recent legislation could offer relief: https://bit.ly/4698A6z
How a Legislative Fix Could Bolster IDA’s Financing Firepower (at No Cost to the Taxpayer)
The International Development Association (IDA), the World Bank’s concessional lending arm for the world’s poorest countries, is facing an uphill climb to maintain its $100 billion replenishment, fina...
cgdev.org
Investors have become less worried about the potential fallout for emerging markets from Trump’s erratic trade war, and are instead focusing on EMs’ improving economic health. It also reflects wariness among some investors over US government bonds... www.ft.com/content/c939...
Emerging market borrowing premium over US falls to nearly lowest since 2007
Yields for investment-grade EM borrowers fall relative to developed markets amid concerns over traditional havens
ft.com
1st edition of our @cgdev.org series "Tough Times, Tough Choices" is hot off the press Facing budget cuts, we argue WHO's leadership must chart a path of retrenchment to a lean @who.int for the global good w/ @peterbaker17.bsky.social & @rachelbonnifield.bsky.social www.cgdev.org/publication/...
A Lean World Health Organization for the Global Good
In this brief—the first in the Tough Times, Tough Choices series that will target the major global health and development institutions and their funders—we propose a different approach: radically stre...
cgdev.org
Amid a broader global health financing crisis, @gavi.org faces a $2.5B budget shortfall Read our new @cgdev.org brief on how Gavi 6.0 can take a bigger leap w @rachelbonnifield.bsky.social @peterbaker17.bsky.social @tomldrake.bsky.social & @orinlevine.bsky.social www.cgdev.org/publication/...
How Gavi 6.0 Can Take a Bigger Leap
Gavi’s board and leadership must stretch scarce resources to fulfill a challenging double mandate: (1) stabilizing immunization outcomes and fiscal solvency in Gavi-eligible countries facing severe he...
cgdev.org
#FfD4 kicks off next week against the backdrop of aid cuts & a traffic jam of replenishments among health & other concessional funds But it's clear these funds need a major overhaul. Our new @cgdev.org blog highlights 3 action items: www.cgdev.org/blog/concess... cc: @clemencelanders.bsky.social
cgdev.org
Steel yourself and then read. WaPo went to Khartoum to meet the moms who, thanks to Trump and Musk’s brutal actions, are now watching their little children starve to death or die of cholera
Emily Guskin@emgusk.bsky.social · last yr.I couldn't make it through this story yesterday, but everyone needs to read it.
Excited to see our @cgdev.org research featured in this excellent @nytimes.com article about the devastating effect of the US' remittance tax on Africa, especially coming after extensive aid cuts. www.nytimes.com/2025/06/03/w...
Trump Targets Key Lifeline for Africa: Money Sent Home by Immigrants
nytimes.com
Despite an uncertain development landscape, IDA is on track for a record replenishment—but challenges remain. Nico Martinez & @clemencelanders.bsky.social detail the headwinds facing IDA, from low growth to rising debt levels:
Can IDA Weather the Development Finance Storm?
The 21st replenishment of the International Development Association (IDA), the concessional lending arm of the World Bank, concluded last December, with donors pledging $23.7 billion for a…
cgdev.org
This clearly lays out the problem of declaring the 'biggest ever IDA' by borrowing a lot (rather than getting actual new donor resources) when it is expensive to borrow.
Center for Global Development@cgdev.org · last yr.Can IDA sustain its $100B replenishment during this development finance storm? ⛈️ Nico Martinez and @clemencelanders.bsky.social find IDA is on track for a record replenishment—but a tight funding environment, low growth, and rising debt threaten its firepower: www.cgdev.org/blog/can-ida...
Can IDA sustain its $100B replenishment during this development finance storm? ⛈️ Nico Martinez and @clemencelanders.bsky.social find IDA is on track for a record replenishment—but a tight funding environment, low growth, and rising debt threaten its firepower: www.cgdev.org/blog/can-ida...
Can IDA Weather the Development Finance Storm?
The 21st replenishment of the International Development Association (IDA), the concessional lending arm of the World Bank, concluded last December, with donors pledging $23.7 billion for a replenishme...
cgdev.org