Following severe global crises, including the COVID-19 pandemic, the climate emergency, wars and conflicts, and inflation, the world is now further off-track from attaining the 2030 Agenda for Sustainable Development. The private sector has been held up as a ‘silver bullet,’ with private financing touted as a means of filling the gaps in development undermined by national governments and multilateral institutions. In recent years, the sector has emerged as a key development actor, and given […]
The post CSOs to launch a report on private sector engagement and development effectiveness appeared first on Reality of Aid.
South-South Cooperation (SSC) has been regaining traction in recent years. Due to setbacks in North-South Cooperation, calls for new development efforts are increasing. Development partnerships among Southern states aim to be complementary to traditional cooperation and is rooted on horizontality, solidarity, and respect for national sovereignty and ownership. SSC offers itself as a modality that attempts to shift away from ineffective development cooperation practices. One of its core principles, which came from the Bandung Era, […]
The post On South-South Cooperation: Assessing its political relevance and envisioning a future beyond technical cooperation appeared first on Reality of Aid.
After decades of aggression between Israeli occupation forces and the Palestinian people, the past weeks witnessed relentless attacks on civilians and wide-scale human rights violations. Driven by their right to self-determination, Palestinian armed resistance forces have long fought for their independence and rights over their land. Israel’s response remains violent, launching bombs, air strikes and dangerous chemicals on its occupied territories, detaining civilians, cutting off access to water, power, food and medical supplies, forcing millions […]
The post When Aid Colonizes, Displaces, and Kills: Statement of Reality of Aid-Asia Pacific on Palestine appeared first on Reality of Aid.
The International Monetary Fund and the World Bank Group (IMF-WBG) are gearing to reform themselves as a response to heightening crises of our generation. At the Annual Meetings last 9 to 15 October, the institutions brought together states, multilateral institutions, IFIs, and civil society to discuss critical matters on delivering impact in the context of a world experiencing a polycrisis. With the theme, “Global Action, Global Impact”, the IMF-WBG seeks to continue its work in […]
The post Civil Society Demands the World Bank Group to Rethink the Direction of its Evolution appeared first on Reality of Aid.
From October 9 to 15, the International Monetary Fund and the World Bank Group (IMF-WBG) held its Annual Meetings in Marrakech, Morocco. With the theme, “Global Action, Global Impact”, the events aimed to bring together Bank and Fund officials, states, other multilateral development bank (MDB) representatives, CSOs, and the private sector to discuss matters critical to advancing development finance, policies, and other bank processes. Throughout the Meetings, discussions on private finance, climate, the World Bank […]
The post At the IMF-WBG Annual Meetings, powerful states and private sector win while the people continues to grapple with multiple crises appeared first on Reality of Aid.
This article was originally published in südostasien, a German magazine focused on amplifying voices on and from Southeast Asia on economic, political, and cultural issues. Read the piece in German here. by Tala Batangan, Reality of Aid-Asia Pacific The urban poor, rural and coastal communities of Southeast Asia are exposed to the threats of climate change, such as extreme weather events and rising sea levels. Disproportionately impacted by the climate emergency, countries in the region suffer […]
The post From the frontlines to the center: Southeast Asia’s climate emergency and the imperative to decolonize climate finance appeared first on Reality of Aid.
Last September 25 to 26, the Asian Infrastructure Investment Bank (AIIB) held its eighth annual meeting at Sharm El-Sheik, Egypt. With the theme, “Sustainable Growth in a Challenging World”, the bank stressed on the role of multilateralism in order to address the interconnected economic, political and developmental challenges the world faces today. Discussions were organized along three thematic streams: sustainability, connectivity, and multilateral cooperation, highlighting the role of the bank to mobilize financing for infrastructure […]
The post Persisting Challenges in a Worsening World?: Reality of Aid-Asia Pacific’s insights on the 8th AIIB Annual Meeting appeared first on Reality of Aid.
At the midpoint of the Agenda 2030, only 15% of the targets are on track. In the Asia-Pacific, this translates to compounded impacts of the pandemic on health and economic systems, debt burden on the poorest, worsening conflict, deterioration of social protection systems, violation of basic human rights, and incapacity to address the climate crisis. Recognizing that the world is nowhere near in achieving its sustainable development targets, the SDG Summit is convened by the […]
The post Nowhere in the Middle: APRCEM NGO Constituency on the outcomes of the SDG Summit appeared first on Reality of Aid.
In time for the 8th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), Recourse, Inclusive Development International, and Accountability Counsel launched a research, Roadblocks to Accountability: Addressing the accessibility crisis in the Asian Infrastructure Investment Bank’s review of its Project-affected People’s Mechanism. Reality of Aid-Asia Pacific, along with other civil society organizations from the region, endorse the research. Download the research here. In 2019, the AIIB established its accountability mechanism, the Project-affected People’s Mechanism (PPM), […]
The post Roadblocks to Accountability: Addressing the accessibility crisis in the AIIB’s review of its Project-affected People’s Mechanism appeared first on Reality of Aid.