The United Nations Office for Project Services (UNOPS)
Overcoming the development-project implementation gap
This week’s World Bank spring meetings will kick-start the replenishment of the International Development Association – the largest source of development finance for the world’s poorest people.
The event cannot come soon enough. With extreme poverty, climate change, and a worsening debt crisis jeopardizing progress toward the United Nations Sustainable Development Goals (SDGs), IDA is more important than ever.
For many recipient countries, IDA often represents the only reliable, sustainable source of development finance. For donors, it offers good value for money: for every dollar mobilized through IDA, recipient countries receive around $4 to support their development. But as governments seek an ambitious replenishment of IDA’s resources this year, we must maximize the impact of IDA dollars already in circulation.
Continue reading this article originally published in Project Syndicate.
This article was re-published in:
(English)
Oman Observer (Oman)
Eco-Business (Asia Pacific region)
Addis Fortune (Ethiopia)
