Are We Facing a Global Development "Traffic Jam?"

There is a global development pileup on the horizon. In 2024 and 2025, about a dozen funding pools that support global development and global health are due for replenishment. These replenishments are essentially fundraisers for entities like the Global Fund to Fight AIDS, Tuberculosis, and Malaria, the Global Alliance for Vaccines and Immunizations (GAVI), and the World Bank's International Development Association (IDA), among many, many others. A new report from the Center for Global Development warns that these fundraisers may all be competing with each other for similar pools of money—and doing so at a time of contracting foreign aid budgets and pivotal elections in key donor countries. One of the authors of that report, Clemence Landers, joins me for a conversation about the causes and consequences of a potential replenishment traffic jam. We kick off discussing what we mean by a "replenishment" in Global Development speak. Clemence Landers also makes the point that of these fundraisers, the World Bank's International Development Association (IDA) is arguably the most consequential. IDA is the branch of the World Bank that provides grants and very concessional loans to support the development priorities of the lowest-income countries. The World Bank president is seeking a major replenishment this December.