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Jingdong Hua to retire from World Bank
Treasury chief of the IBRD set to leave at the end of December
Global gas price surge triggers fears of EM rate hikes
Price increases will put emerging markets’ monetary authorities under pressure to respond with tighter monetary policy that would hit consumers
OECD tax deal ‘choice between two bad things’
After eight years of talks, some experts are worried developing economies will continue to lose revenues
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Global agencies battling to solve Africa’s glaringly low Covid vaccination rates face indifference, obstinacy and ‘me first’ attitudes in developed world. -
Debt defaults by China property giant Evergrande have sent a loud wake-up call to the risks for emerging economies from China’s economic transition
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UN secretary-general António Guterres called on the Coalition of Finance Ministers to make Cop26 a success. But they have limited scope to deliver ambition, more to improve implementation
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Carbon markets could grow to $50bn according to forecasts, but experts warn that they must overcome hurdles such as the low quality of offsets
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Attracting over €135bn of orders, the EU’s debut green bond was a roaring success that will bring greater liquidity to the green bond market and, with €238bn more to be issued, reinvigorate expectations of a EU common asset
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It’s a big year ahead for Latin American politics just as the region is attempting to recover from the pandemic and adjust to the threat of inflation
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A burgeoning suite of green products to help Africa build-out renewable energy networks offers a silver lining in an otherwise brutal year for the continent’s financial markets. But experts warn much more innovation will be needed to meet the enormous funding needs
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Kristalina Georgieva has survived as the IMF’s managing director but some believe she is now a compromised figure with her credibility damaged
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EIB makes climate finance mainstream as taxonomy unlocks standards
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EIB emphasises development as Covid exposes global economic weakness
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Awards
Awards
Fahad Al-Saif, Saudi Arabia
The Gulf state is extending its curve and sourcing new channels of funding to meet its fiscal objectives.
Ziad Fariz, Jordan
Jordan was swift to provide liquidity and bring in a package of stimulus measures when the crisis struck.
Mohammed al Jadaan, Saudi Arabia
Saudi Arabia’s smart, innovative and much-needed fiscal response to Covid-19 has gone down well with investors.
Ernest Kwamina Yedu Addison, Ghana.
Richard Martínez, Ecuador
Against all the odds, a debt restructuring and IMF programme in record time.
