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This week, we have been closely following the Gavi, the Vaccine Alliance’s high-level replenishment event in Brussels. Gavi, the leading international organization that provides vaccines to lower-income countries, finalized its five-year investment round event with more than $9 billion in pledges — falling short of its total budget request of $11.9 billion.
The United States decided to cut its support for the organization, with U.S. health secretary Robert F. Kennedy Jr. stating that the country will not fund Gavi until it works to “re-earn the public trust.”
On the topic of the U.S., our discussion also covers the Trump administration's decision to withdraw support for various U.N. Sustainable Development Goal commitments, alongside its absence from the Fourth International Conference on Financing for Development.
To discuss these stories and others, Business Editor David Ainsworth sits down with Sara Jerving and Colum Lynch for the latest episode of our podcast series.
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This week, we are at the Bonn Climate Change Conference. From climate financing to the absence of the United States, we take a look at the major talking points at the summit and contemplate whether the talks will translate into actionable policies.
We also look at how the Trump administration’s plans to cut foreign aid funding could create unexpected domestic repercussions for American agricultural producers.
This policy shift carries severe consequences, potentially undermining the economic stability of U.S. farmers involved in aid supply chains and degrading crucial international mechanisms for disease and pest surveillance that transcend national borders.
In order to dig into these stories, and others, Senior Editor Rumbi Chakamba sits down with Global Development Reporters Ayenat Mersie and Jesse Chase-Lubitz for the latest episode of our weekly podcast series.
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In celebration of our 100th podcast episode, we’re revisiting the most impactful global development stories from the past two years, covering the period since our very first recording.
From the evolving aid landscape to the critical discussions around localization, we explore some of the key themes in global development that we have been covering. We examine the growing burden of debt in low-income countries and the urgent need for climate finance.
During this episode, we also look back at the key takeaways from the Hamburg Sustainability Conference, where Devex was a media partner.
For this week’s edition, Business Editor David Ainsworth sits down with Devex President and Editor-in-Chief Raj Kumar and Global Development Reporter Elissa Miolene to mark this special occasion.
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On this week’s podcast episode, we unpack U.S. President Donald Trump’s 2026 budget request, which proposes sweeping cuts to foreign aid and includes the elimination of funding for major global health initiatives such as Gavi, the Vaccine Alliance and The Global Fund to Fight AIDS, Tuberculosis and Malaria.
The administration has also submitted a $9.4 billion rescission proposal to the U.S. Congress, seeking to formally cancel previously approved funds, much of it earmarked for foreign assistance. If approved, the move would codify into law cuts already made by the Department of Government Efficiency. The upcoming congressional response will be a critical test of foreign aid advocacy.
We also discuss what happened at last week’s African Development Bank meetings in Abidjan, Côte d’Ivoire, where delegates discussed the need to diversify funding sources in the wake of U.S. aid cuts and focus on more reliable partnerships. The meetings also marked a leadership transition, with Mauritania’s Sidi Ould Tah appointed as the AfDB’s new president, vowing to mobilize private sector investment and deepen partnerships with the Gulf states.
To discuss these stories, Devex Senior Editor Rumbi Chakamba is joined by reporters Michael Igoe and Ayenat Mersie for this episode of This Week in Global Development. -
This week we reflect on the 78th World Health Assembly, which Devex covered on the ground in Geneva. From the historic agreement of the Pandemic Treaty to the World Health Organization's strategies for addressing its persistent funding gap, we analyze the key takeaways from the conference.
We also discuss the U.S.- and Israeli-backed Gaza Humanitarian Foundation’s aid delivery mechanism, which is facing internal collapse and accusations of violating humanitarian norms. The organization’s now-former executive director, Jake Wood, resigned on Sunday, just one day before the private humanitarian organization’s food aid distribution plan for Gaza launched, saying that it was “not possible” to implement the initiative “while also strictly adhering to humanitarian principles.”
This week’s episode also looks ahead to the topics we will be following at the Fourth International Conference on Financing for Development starting next month in Seville, Spain.
Digging into these stories and others, Devex Business Editor David Ainsworth sits down with Senior Editor Rumbi Chakamba and Global Development Reporter Jesse Chase-Lubitz to bring you This Week in Global Development.
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Explosive growth in the middle class, rapid urbanization, digitization and automation, the energy transition, and evolving geopolitics — these all present unique challenges for today’s businesses, said Jonathan Fantini-Porter, senior vice president of social impact in the Americas at Mastercard Center for Inclusive Growth.
It’s against this backdrop that public and private sector leaders are grappling with questions of longevity, opportunity, and continued growth. With this in mind, Mastercard Center for Inclusive Growth and Devex convened over 400 practitioners from the fields of tech, policy, and finance last month in Washington, D.C., for the Global Inclusive Growth Summit. The sessions and conversation centered on what it takes to create and lead economic growth, how to future-proof an organization’s mission, and the role of innovative leadership in shaping a better future.
“The key is the shared urgency around how we future-proof inclusive growth … and the importance of cross-sector collaboration at scale,” said Fantini-Porter. “Siloed solutions just aren't enough in this context that we're living through at this point.”
Taking that conversation beyond the summit, Fantini-Porter talks to Raj Kumar, Devex’s president and editor-in-chief, in a special podcast episode about how businesses — especially small businesses in rural areas — can create resilience in their communities and support economic opportunities for all.
This special episode of This week in Global Development was sponsored by the Mastercard Center for Inclusive Growth. -
With the 78th World Health Assembly in full swing, we dig into the main talking point of the conference: the Pandemic Agreement.
The landmark treaty was adopted during this year’s edition of the annual summit. The agreement is designed to create a world better prepared for pandemics, ensuring a more equitable distribution of lifesaving medical interventions — a key challenge highlighted by the COVID-19 response. We delve into what this means for pandemic preparedness and chart the essential next steps.
During the conversation, we also discuss the funding challenges faced by the World Health Organization and possible solutions that are being explored to ensure its sustainable future.
For this special episode of our podcast series recorded live on the sidelines of the World Health Assembly, Devex Senior Editor Rumbi Chakamba sits down with Helen Clark, the former Prime Minister of New Zealand, and Dr. Ngashi Ngongo, the principal adviser to the director-general on program management and the continental incident manager for mpox at the Africa Centres for Disease Control and Prevention.
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Next week, the global health community will convene in Geneva for the World Health Organization's annual decision-making summit, the World Health Assembly. We preview the pivotal discussions expected to shape the coming year, including the implications of recent leadership changes and cost-saving initiatives at WHO, as well as the evolving role of philanthropic organizations in funding global health.
We also discuss U.S. President Donald Trump’s self-described “big, beautiful bill,” which made its way through a key congressional tax-writing committee on Wednesday. The 389-page plan would increase taxes on private foundations, place a 5% tax on remittances for non-U.S. citizens, and allow the government to revoke the tax-exempt status of organizations it says support terrorists.
To analyze these stories, and others, Devex Senior Reporter Adva Saldinger sits down with Managing Editor Anna Gawel and senior global health reporter Jenny Lei Ravelo for the latest episode of our podcast series.
Join our global health reporting team in person or online in Geneva from May 19 to 22 as we host a series of events and roundtables on the sidelines of the 78th World Health Assembly. This journalist-led summit will bring sector leaders to discuss and explore solutions to some of the most pressing issues in global health.
Check out the lineup of programs and register here:
https://pages.devex.com/devex-checkup-at-wha-78.html -
For this special episode of our weekly podcast series, we sit down with outgoing UNDP Administrator Achim Steiner. He reflects on his two terms, navigating the agency through transitions and current disruptions. Steiner candidly discusses the significant impact of Trump administration program cuts, detailing how they disrupted vital partnerships and supply chains in crisis-hit countries. Hear his take on these impactful cancellations within the larger context of UNDP's work.
Steiner also addresses the concerning trend of declining development finance for much of the developing world, despite overall ODA figures. He confronts the growing skepticism around multilateral institutions and the critical need for internal reflection. Looking ahead, Steiner highlights UNDP's adaptation through new partnerships and financing, urging a global shift towards innovative funding solutions, especially for the most vulnerable nations. Tune in for this crucial discussion on the changing face of development. -
This week, we learned that billionaire philanthropist Bill Gates will commit most of his fortune to the Gates Foundation, which will close in 2045. Before this date, the foundation will double its philanthropy, spending $200 billion over the next two decades. The announcement comes as the organization, which has given away $100 billion since 2000, marks its 25th anniversary.
Meanwhile, at the end of last week, U.S. President Donald Trump’s budget proposed an unprecedented slashing of U.S. foreign assistance, making huge cuts to global health, humanitarian aid, and core economic and development work. We discuss the details of Trump’s budget proposal for fiscal year 2026, and its potential impact on the global development sector.
As the future of foreign aid remains in limbo, 400,000 boxes of food for malnourished children remain stuck in the United States.
To explore these stories and others, Senior Editor Rumbi Chakamba sits down with reporters Sara Jerving and Elissa Miolene for the latest episode of our weekly podcast series.
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This week marked the first 100 days of the second Trump presidency. From the cutting of foreign aid programs to the laying off of government staff, we reflect on the second Trump administration's impact on the global development sector.
On the topic of the U.S. government, the Department of Government Efficiency is also planning to shut down the Millennium Challenge Corporation. However, efforts are underway to try and save the agency, which has enjoyed bipartisan support and is seen as a key tool to countering China's geopolitical influence.
We also look back at the key takeaways from the Global Inclusive Growth Summit hosted by the Mastercard Center for Inclusive Growth, where Devex was a media partner.
To dig into these stories, and others, Devex Editor Rumbi Chakamba sits down with Devex President and Editor-in-Chief Raj Kumar and Senior Reporter Adva Saldinger for the latest episode of our weekly podcast series.
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Special episode: What’s at stake in the race for critical raw materials? by Devex
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Summary
Award-winning journalist Roger Thurow reveals how conventional farming practices are simultaneously depleting resources and failing millions of farmers worldwide. His investigation finds that many receiving food aid are actually food producers, highlighting a fundamental flaw in global agricultural systems. Drawing from field research across multiple continents, Thurow highlights promising indigenous and regenerative farming approaches that could transform global food systems while addressing climate challenges.
Chapters
00:00 The Collision of Nourishment and Planetary Health
02:30 The Journey into Agriculture and Food Security
05:42 Unintended Consequences of Agricultural Practices
10:25 Lessons from Farmers: Regret and Resilience
14:26 The Debate: Regenerative vs. Modern Agriculture
20:08 Indigenous Knowledge and Innovation in Agriculture
25:15 The Role of Farmers in Global Agriculture
27:54 The Importance of Listening to Farmers
Want to stay updated on the latest news in global development? Subscribe to Devex’s Newswire: https://www.devex.com/newsletters/newswire -
With the World Bank and International Monetary Fund Spring Meetings in full swing, we are recording live from the conference. From the United States’ approach to the institutions to how to create more jobs in the global workforce, we take a look at the key discussion points at the summit.
On the topic of the U.S., we chew over the possibility that the uncertainty surrounding potential tariffs imposed by President Donald Trump’s administration may be more damaging than the tariffs themselves, drying up liquidity and forcing painful choices on indebted nations.
During the conversation, we also get into our scoop on the Department of Government Efficiency’s targeting of the Millennium Challenge Corporation. In the coming weeks, the agency is expected to face a reduction in both staff and programming.
To explore these stories, Business Editor David Ainsworth sits down with reporters Adva Saldinger and Jesse Chase-Lubitz, who are covering the Spring Meetings this week, for the latest episode of our weekly podcast series.
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This week we published a story in which we spoke with 14 former and current World Central Kitchen staff members and contractors to find out what lay behind the deaths of seven of the nonprofit’s staff members in Gaza. The interviewees described a workplace plagued by risk, inadequate training, and a “build-the-plane-while-flying-it” mentality.
With the Spring Meetings of the World Bank and International Monetary Fund coming up next week, we discuss what the gathering will mean for the global development sector. It’s the first World Bank meeting since U.S. President Donald Trump’s election in January, and all eyes will be on how the United States will approach the talks and its relationship with the institution.
We also take a look at the key takeaways from our event with U.S. Rep. French Hill, a Republican from Arkansas and chair of the House Financial Services Committee, who argued that the World Bank is disproportionately focused on climate change and it needs to be pushed “back on course.”
To unpack what happened to the World Central Kitchen staffers in Gaza and to look ahead to the World Bank-IMF Spring Meetings, Senior Editor Rumbi Chakamba sits down with reporters Adva Saldinger and Elissa Miolene, as well as Clemence Landers, vice president and senior policy fellow at the Center For Global Development.
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Summary
Garance Wattez-Richard, CEO of AXA EssentiALL, discusses the transformative potential of inclusive insurance in addressing vulnerabilities, particularly in low and middle-income countries. She sits down with Raj Kumar to share her journey into the insurance industry, the evolution of microinsurance, and the importance of regulatory frameworks. The discussion highlights the profitability of inclusive insurance and its critical role in achieving sustainable development goals, especially in the context of climate change.
Chapters
00:00 The Risk of Vulnerability
00:47 Revolutionizing Insurance for All
01:37 A Journey into Development and Insurance
06:45 The Evolution of Microinsurance
11:41 Profitability in Inclusive Insurance
14:50 The Risks of Insurance Solutions
19:15 Regulatory Challenges in Emerging Markets
23:07 Insurance as a Core Development Activity
28:13 The Future of Insurance and Development
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Confusion surrounding U.S. foreign assistance deepened this week as USAID reversed several program terminations—including life-saving food aid—just days after announcing them. The World Food Programme called the initial cuts a “death sentence for millions,” and organizations are now raising questions about data accuracy and decision-making inside the administration.
We also look at how European governments are quietly debating whether to fill the gaps left by U.S. cuts, and what U.S. Secretary of State Marco Rubio’s recent podcast appearance reveals about the administration’s shifting aid priorities.
To unpack these developments, Senior Reporter Adva Saldinger is joined by Global Development Reporter Elissa Miolene and Business Editor David Ainsworth for the latest episode of our weekly podcast series.
Sign up to the Devex Newswire and our other newsletters: https://www.devex.com/account/newsletters
Chapters
00:00 Introduction to Global Development Headlines
00:58 USAID Program Terminations and Confusion
09:06 Congressional Role and Future of Foreign Aid
12:24 PEPFAR and Bipartisan Support
16:57 European Foreign Aid Dynamics
25:20 Marco Rubio's Perspective on Foreign Aid -
The Trump administration formally informed Congress of its proposal to abolish USAID, merging key aspects of its operations into the State Department. This plan involves the complete shutdown of the agency and subsequent staff layoffs. Despite this, the U.S. government intends to preserve vital programs concerning humanitarian assistance, food security, and global health, potentially leading to the rehiring of some former USAID employees under the State Department.
This week we are also in Oxford, United Kingdom, at Skoll World Forum — the annual gathering for social entrepreneurs. We take a look at the key takeaways from the conference, where leaders from some of the world’s biggest foundations are calling philanthropists to step up and do more to help the nonprofit sector.
To explore these stories, Senior Editor Rumbi Chakamba sits down with Managing Editor Anna Gawel and Business Editor David Ainsworth for the latest episode of our weekly podcast series.
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https://www.devex.com/account/newsletters -
Summary
Discover why "business as usual" fails in the world's toughest places. Viva Ona Bartkus sits down with Raj Kumar to reveal the counterintuitive tactics that unlock massive opportunities where others fear to tread. Learn why:
The most successful security strategy isn't higher walls – it's community ownership
How to turn "middlemen with guns" into business partners
Why Chinese companies are winning while Western firms hesitate
Plus: The radical partnership model that's transforming dangerous markets from Uganda to Colombia. Bartkus shares explosive insights from 15+ years working with multinationals, Special Forces, and local communities in conflict zones.
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Chapters
00:00
Embedding Business in Local Communities
01:53
The Journey to Frontline Markets
07:02
Understanding Market Dynamics
11:18
The Role of Middlemen in Local Economies
12:45
Security Through Community Engagement
16:14
The Next Round of Globalization
20:02
The Competitive Landscape of Global Investment
23:42
Collaboration Between Security and Development
25:28
Bridging the Gap Between Business and Humanitarian Efforts
28:41
The Role of ESG in Business Strategies
31:17
Adapting Business Models for Extractive Industries
36:43
The Future of Development Finance
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