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Ethiopia’s democratic predicaments
The document analyzes Ethiopia's struggle with democratization, tracing a cycle of autocratic rule from the imperial era to the present. It argues that the state's historical hegemony, combined with the organizational weakness of social forces, creates a resilient autocracy. While peaceful protests can trigger short-lived liberalizations, they often fail to consolidate democracy because the state can swiftly recuperate power. Conversely, armed insurgency further deepens authoritarianism by destroying material foundations for democracy and creating militaristic rebel groups that transplant autocratic traditions into the state upon victory. The author recommends using a national dialogue to create incentive structures for elites to commit to democratic reforms.
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Document type: Research paper
Multilateral adaptation finance for systemic resilience
The document examines the gap between scientific recognition of transboundary climate risks and the current local focus of multilateral adaptation finance. It proposes a shift toward 'systemic resilience' to address risks that cross borders via shared ecosystems, trade, and financial flows.
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Document type: Briefing
Assessing finance for nature-based solutions to climate change
The paper estimates that US$ 14.66 billion in international development finance commitments targeted 'NbS-like' activities (combining climate and biodiversity objectives) between 2016 and 2020. It identifies a declining trend in both the total amount and the share of climate finance allocated to these activities since 2017. The analysis highlights significant funding gaps for Small Island Developing States (SIDS) and Least Developed Countries (LDCs), and suggests that project documentation often fails to provide detailed evidence that these funds deliver tangible biodiversity benefits.
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Document type: Research paper
Documentation of qualitative data collection
The document details the qualitative data collection for the MIGNEX project (2018–2023), which involved 104 focus group discussions, 516 key informant interviews, and extensive field observations and photography across 10 countries. It outlines the research ethics, the impact of the Covid-19 pandemic on fieldwork, the process of creating an anonymized open data set for focus group transcripts, and the use of NVivo for coding and analysis. The text reflects on the co-production of knowledge, the role of local research assistants, and the challenges of maintaining transparency and equity in large-scale international collaborative research.
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Document type: Guide
G7 lacks decisive political action to untie the knots of debt crises in the Global South
The document examines the drivers of debt distress in developing countries, particularly in Africa, and critiques the inadequacy of current G7 and G20 relief mechanisms. It highlights how a shift toward private creditors and the failure of the G20 Common Framework to enforce private sector participation have hindered debt restructuring. The text advocates for a total dismantling of the current global financial architecture in favor of innovative domestic financing, increased transparency, and the establishment of an International Developing Country Debt Authority.
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Document type: Site page
Scoping voluntary corporate climate action in the European aviation sector
The report evaluates the voluntary carbon offsetting practices of eight major European airlines, including easyJet, Ryanair, and Lufthansa. It finds that while some airlines like easyJet have high volumes of offsets, the overall quality of credits is often low due to a reliance on cheap forestry projects in developing countries. The study highlights a significant lack of transparency in reporting and warns that promoting 'carbon neutral' flying may encourage air traffic growth, contradicting the need for sector decarbonization through sustainable aviation fuels (SAF).
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Document type: Report
Insurance Innovation Portrait: Ethiopia
This report provides an overview of the insurance sector in Ethiopia, detailing the impact of 1990s liberalisation, the current state of market penetration, and the barriers hindering insurance innovation and retail reach.
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Document type: Report
Ethiopia Central Securities Depository (CSD) System
The project aims to implement a CSD system in Ethiopia, starting with government securities and potentially expanding to corporate debt, equities, and funds. The system is intended to improve transaction efficiency, reduce costs, and attract diverse investors to support infrastructure and economic growth.
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Document type: Briefing
Ethiopia Licensing Framework
The document describes a project aimed at establishing a regulatory framework for capital market intermediaries and self-regulatory organisations in Ethiopia to enhance investor confidence and economic growth.
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Document type: Briefing
Geothermal Risk Transfer Facility
The Geothermal Risk Transfer Facility aims to catalyse private investment in African green energy by establishing a joint underwriting facility backed by local insurers to cover early-stage geothermal drilling risks. In Kenya, four insurance companies (Sanlam, APA, ICEA Lion, and Mayfair) have committed as founding members, and engagement with the regulator is positive. In Ethiopia, the programme has engaged with 13 of 18 insurance companies and plans a gap analysis with the national regulator.
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Document type: Briefing
Risk, Resilience and Regulatory Lab (R3LAB)
The Risk, Resilience and Regulatory Lab (R3LAB) is a collaborative platform for African insurance regulators aimed at improving supervisory skills and fostering innovation. It provides capacity-building programs, peer exchange, and learning toolkits to address regulatory gaps. A key output includes 'insurance innovation portraits' for eight countries, which identify barriers to innovation and propose action plans based on six assessment areas, including infrastructure, finance, and the regulatory environment.
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Document type: Fact sheet
Independent Auditors’ Reports as Required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and Government Auditing Standards and Related Information
The World Resources Institute (WRI) and its subsidiaries underwent independent audits for the fiscal years 2021 and 2022. The auditors issued unmodified opinions on the consolidated financial statements, stating they present fairly the financial position of the Institute. For the year ended September 30, 2022, total assets were $384,549,025 and total liabilities were $21,572,887. The Institute's operations are supported by grants and contracts, with significant funding from foundations (48% of receivables) and foreign governments (29% of receivables). A separate compliance audit for the major federal program (USAID Foreign Assistance for Programs Overseas) also resulted in an unmodified opinion, though some significant deficiencies in internal control were noted that were not considered material weaknesses.
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Document type: Report
Measuring and Mitigating GHGs: Coffee
The document analyzes GHG emissions from coffee production, ranging from 3 to over 40 kgCO2e/kg roast coffee, with an average of approximately 20 kgCO2e/kg. It identifies land-use change, fertilizer use, and wet-processing effluent as the primary emission drivers. The briefing highlights that while polyculture systems sequester more carbon than monocultures, the overall footprint is highly variable based on location and practice. Key mitigation strategies include preventing deforestation, treating processing effluent, and improving fertilizer management, though implementation is challenged by the prevalence of smallholder farming.
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Document type: Briefing
Less hypocrisy and more investment: how COP27 can support African-led clean energy
The document asserts that high-income countries need to invest US$70 billion annually to meet Africa's renewable energy needs. It highlights the severe lack of electricity access for 570 million people in Africa, specifically noting that over 80 percent of people in Niger lack electricity, and warns that Europe's energy crisis is driving African nations, such as Niger, to pursue natural gas exports to Europe.
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Document type: Statement
Climate risk information for financial sector decision-makers in Africa: gaps and opportunities
The paper identifies a critical lack of robust climate risk data and analysis in Africa, which may lead to incorrect asset valuations and increased financial stability and sovereign risks. It proposes a six-category framework for climate risk information—data, analysis, disclosure and reporting, targets, risk management, and capacity-building—to help financial decision-makers close these gaps. While all four studied countries have initiatives for disclosure and reporting, South Africa shows the most comprehensive approach, covering five of the six categories. The author recommends that countries integrate financial sector transformation into their Nationally Determined Contributions (NDCs) and expand climate risk mapping to include public financial institutions.
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Document type: Research paper
Landscape of Climate Finance in Africa
The report finds a massive gap between Africa's annual climate finance needs (USD 277 billion) and actual flows (USD 29.5 billion). While international public finance dominates, private sector contribution is low at 14%. Finance is heavily concentrated in a few countries and sectors, with energy receiving the most investment, while agriculture, forestry, and other land use (AFOLU) remains underfunded. The report recommends scaling up concessional finance, improving data tracking, and catalyzing private investment to meet 2030 goals.
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Document type: Report
Landscape of Climate Finance in Africa
Africa requires USD 277 billion annually to meet its 2030 climate goals, yet only USD 29.5 billion was tracked in 2019/2020. International public finance dominates the landscape, while private sector contributions remain low at 14%. The report highlights significant investment gaps, particularly in Southern Africa, and a critical need to shift funding from fossil fuels toward renewable energy and adaptation, especially in the agriculture, forestry, and other land use (AFOLU) sector.
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Document type: Report
Mobilising private finance for natural capital in Africa
The document argues that Africa faces an annual financing gap of over $100 billion to preserve its natural capital, which is critical for global climate and biodiversity goals. It proposes a 'triple bottom line' approach—combining financial returns, environmental impact, and community benefits—applied through landscape financing, restorative agriculture, and sustainable supply chains. The paper identifies green bonds, carbon credits, and impact investing as key financial mechanisms and calls for stronger regulatory frameworks, such as the adoption of Taskforce on Nature-related Financial Disclosures (TNFD) guidelines, to attract private capital and prevent 'nature-washing'.
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Document type: Briefing
Challenges to debt sustainability and financial market development posed by COVID-19 and the war in Ukraine
The report examines how global shocks have exacerbated chronic fiscal and current account imbalances in five Sub-Saharan African nations. It highlights severe liquidity and solvency risks, particularly regarding external debt in Ethiopia, Ghana, and Kenya. The authors argue that while some countries used debt monetization and financial repression to manage short-term costs, these practices inhibit long-term financial market development and fuel inflation. The document recommends strengthening public debt management, diversifying funding sources, and transitioning toward market-conform policies to avoid debt distress and encourage private sector credit.
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Document type: Report
‘Jobs versus Grants’: Are employment and basic income a policy trade-off?
The document challenges the belief that social grants create a 'culture of dependency' or discourage labour market participation in South Africa. By reviewing international and local evidence, it argues that cash transfers often facilitate job searches, stimulate local economies, and empower women. The authors advocate for a UBIG indexed to the upper-bound poverty line, funded through progressive taxation, as a means to eliminate poverty while supporting inclusive economic growth.
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Document type: Policy brief