In this report, co-written with Jonathan Glennie, Director of the Global Cooperation Institute, we look at the EU's Structural and Investment Funds and lessons learned for development aid
Six lessons from the EU for the future of aid
Small Islands Big Picture podcast: Protecting our oceans – is impact investing the big ticket for small islands?
In this podcast, produced by RESI at ODI-Global, I speak with impact investors at the UN Ocean Conference in Nice on the opportunities and challenges associated with investing in the ocean in Small Island Developing States (SIDS)
Promoting Sustainable Ocean Economies: Guidance for Development Co-operation
I worked with the OECD Sustainable Ocean for All initiative to develop a guidance document on aid for SDG 14
How do increases in government revenues really impact the SDGs? The GRADE Model can tell us
Tax abuse, tax exemptions and external debt service all drain governments' revenue. The GRADE Model is an innovative tool that can be used to understand the negative impact these outflows have on SDG progress in individual countries.
Turning the tide: enhancing ocean equity for Small Island Developing States
Small Island Developing States (SIDS) depend heavily on the ocean for their livelihoods, economies and climate resilience. Yet they face stark and growing inequities in how ocean resources are accessed, governed and financed. A new briefing paper from ODI Global's Resilient and Sustainable Islands Initiative (RESI) calls for bold action to place equity at the heart of the international oceans agenda - and ensure SIDS can thrive as stewards of the sea.
Tackling the ‘cost of capital’ crisis in small vulnerable nations
A growing number of Small Island Developing States (SIDS) are experiencing debt distress due to high exposure to climate-related shocks. SIDS are having to borrow at high rates to recover from disasters, leaving them unable to invest in further development and climate resilience. Learn more.
Breaking the cycle of debt in Small Island Developing States
The climate crisis is exacerbating debt sustainability challenges in Small Island Developing States (SIDS). With projections of increasing loss and damage in SIDS due to both extreme weather and slow-onset events, these debt problems are likely to continue and intensify. This study explores why levels of debt are particularly high in (some) SIDS, the challenges that this presents, and the different practices and policies that they have adopted to pursue – and attain – debt sustainability.
New paper: How Transparency Can Make Debt Sustainability Analyses a Trusted and Effective Tool
This paper, written for Friedrich Ebert Stiftung and Jubilee USA, analyses the extent to which the Debt Sustainability Analyses (DSAs) carried out by the IMF and World Bank are sufficiently transparent, and what measures have been taken to improve their transparency. Improved transparency in DSAs is vital for driving continuous improvement, fostering trust and confidence, and enabling the formulation of better policy advice.
Blended finance window for Antigua and Barbuda
I worked with Future Earth Ltd in a global first to design a blended finance window for the Government of Antigua and Barbuda's SIRF Fund.
Small Islands Big Picture: Who is responsible for high debt burdens in Small Island Developing States?
In Episode 5 of the Small Islands Big Picture podcast, I join a range of debt and development finance experts to ask: "Who is responsible for high debt burdens in Small Island Developing States?"
The debt crisis is putting climate adaptation spending out of reach
The debt crisis is putting climate adaptation spending out of reach. In 2023, debt service will be 12.5 times higher than spending on climate adaptation; in 2024, it will be 13.2 times higher. Read more.
Global Public Investment and ocean protection
COP28 will consider Nature, Land Use and Oceans. Marine ecosystems stabilise the climate and support human wellbeing. Can a GPI approach help us conserve and use oceans, seas and marine resources for sustainable development?
Video: Financing Transition
I spoke at the Global Ethical Finance Initiative's ASEAN 2023 Summit which tackled the theme of transition, exploring how financial institutions can support Southeast Asian economies in their transition towards net zero.
Videos: COP26 Finance for Nature – Positive Future for People and Planet
At COP26 in Glasgow, we explored how to accelerate investment in nature-based solutions
Gail Hurley 