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This brief examines the efficacy of the inclusion of private capital in development finance, using the cases of certain countries that have met with success in utilising such a strategy. It underlines the experiences of institutions like the Japan Bank for International Cooperation (JBIC) and the United States International Development Finance Corporation (US-IDFC) that use innovative financial tools to support international financial institution

In many African countries—some of the most unbanked areas in the world—digital banking applications are redefining what it is to bank in economies with shallow penetration of the formal banking sector, representing an innovative force that is breaking new ground in the long-standing challenge of financial inclusion. This brief explores the emerging world of fintech in the context of Africa, outlining why financial technology applications are

Focusing on financing sustainable development, in India and elsewhere, ORF organised a conference that explored the future of global financial architecture for development and highlighted the difference between financing and implementation.

As the world confronts multiple challenges which are intricately connected, our path for development stands at a crucial juncture. In the context of the embroiling polycrisis, progress on the sustainable development goals (SDGs) has been steady but fragile with major and persistent challenges. Financing for Agenda 2030 has emerged as a major bottleneck with several developing economies, especially the least developed countries (LDCs), low-income

The most recent Tokyo Conference on the Reconstruction and Development of Sri Lanka was held at Washington D.C., on February 17, 2004, as a follow-up meet to discuss the international community¿s support for Sri Lanka¿s peace process.

Considering the changes in modern living, glocalization could turn out to be a viable alternative to globalization

Given the need to prioritise growth in the developing world, the goals must be 'development-climate compatible,' not, 'climate-development compatible', according to Dr. Youba Sokona, coordinator, African Climate Policy Centre (ACPC) based in the United Nations Economic Commission for Africa.

The UN Sustainable Development Goals (SDGs) aim to “leave no one behind’’ and directed all countries to work together to end poverty and other deprivations. Achieving the SDGs requires collaborative strategies aimed at improving technologies of the Least Developing Countries (LDCs) in the productive sectors such as agriculture. Understandably, in most developing countries, the agriculture sector is characterised by informality, small scale,

Conventional investments cater to investors who intend to gain financial returns. Other investors whose aim is to generate a positive social or environmental impact at a decent rate of return, turn to “impact investments” for their purpose. Mobilised to finance social enterprises, impact investments assume three primary forms: embedded, integrated, and external. This paper discusses the ideas of impact investment and social enterprises, and o

This paper highlights the imperatives for India’s G20 Presidency for promoting development cooperation towards the achievement of the Sustainable Development Goals (SDGs). Given its unique development cooperation model—more precisely, its development partnership model—India can utilise its G20 presidency to push the sustainability agenda. This will help bridge the North-South divide in sustainable development financing. The paper recommends

India shares close political and strategic ties with the Southeast Asian subregion of Cambodia, Laos, Myanmar and Vietnam (or the CLMV countries). However, their economic ties remain weak, owing to various factors including lack of physical connectivity, as well as the absence of synergy between India’s Lines of Credit to CLMV and the country’s economic outreach. This paper analyses India’s investments and development cooperation initiative

India needs to be disaggregated at least to the district level to resolve some of its key challenges.

riangular cooperation is a growing trend in India’s global engagement. The term refers to development cooperation in which traditional aid donors work together with Southern partners to address challenges in developing countries. Largely absent from this type of cooperation in the past, India has gradually become a more visible partner. The current government’s endorsement of triangular cooperation in joint statements with key partners, as we

This paper explores how India has been able to achieve cooperation in the sphere of international development, but has been unable to replicate such success on issues of international security. It maps out India’s engagement on these two issues through four case studies and places them in the context of multilateral theory and international cooperation theory. It further considers factors within the game theoretic models of cooperation, includi

Instead of just emulating established successful models, India needs to build on innovative and creative ‘India model’ that harnesses the skills at the national, state and local levels.

To share and benefit from development data, it must be accessible, of high-quality, and offered in real time. India at the helm of G20 has much to offer as this will build on principles governing PM Modi’s Digital India initiative

While aid has inherent political angles, India's development cooperation aid is not, and cannot be, solely political in purpose, says MEA Additional Secretary P.S. Raghavan. He says development projects will be objectively aimed at capacity building.

India’s G20 Presidency has identified the mandate for the Finance Ministers and Central Bank Governors (FMCBG) as thus: “capacity building of the ecosystem for financing sustainable development.” The aim is to scale up efforts in mobilising large pools of global capital for sustainable projects, particularly in emerging and developing economies. Under the aegis of the Sustainable Finance Working Group (SFWG), the G20 proposes the developmen

With the objective of discussing India's strategy for oil and gas sector development, ORF, the International Energy Agency and the Korea Energy Economics organised a roundtable on "An Overview on India's Oil and Gas Upstream Sectors and Its Overseas Investment".

The World Bank shares a lot of the optimism that prevails in India today¿, said Michael Carter, World Bank Country Director for India, in his opening remarks at the Observer Research Foundation, New Delhi.

There is huge potential for development of the relationship between the US and India. Yet achieving this promise will require careful strategic planning from the governments of both nations, according to panellists at a discussion on the "India-US Partnership".

India’s G20 Presidency has identified the mandate for the Finance Ministers and Central Bank Governors (FMCBG) as thus: “capacity building of the ecosystem for financing sustainable development.” The aim is to scale up efforts in mobilising large pools of global capital for sustainable projects, particularly in emerging and developing economies. Under the aegis of the Sustainable Finance Working Group (SFWG), the G20 proposes the developmen

Lines of Credit (LOCs) are a widely used instrument in development cooperation, including for India. The projects funded by India’s LOCs attempt to achieve a trinity of objectives: economic benefits; effective project management and completion; and nurturing and enhancing diplomatic relationship and strategic interests with the partner countries. This brief explains how India’s LOCs function, and contextualises the performance of the

The Delhi-Mumbai Industrial Corridor (DMIC) is one of several infrastructure megaprojects underway in India, intended to boost industrial modernisation and generate manufacturing employment for India’s young, largely unskilled workforce. Field research in DMIC investment sites in Gujarat and Uttar Pradesh shows that its implementation is highly uneven across States and regions. The research, along with the literature, suggests that regional ind

If hydro power potential of 150,000 MW is to be realised by the end of 2030 as assumed in the Integrated Energy Policy 2006, the government must ensure that policies address the crucial stumbling block of regulatory, social and environmental instability.

The Observer Research Foundation (ORF) organised a brainstorming session on 'Issues in Captive Coal Block Development in India' on March 5, 2009 in partnership with CRISIL Infrastructure Advisory Services

India’s increasing economic and political clout has prompted a spurt in the volume and complexity of its overseas development assistance. Looking ahead, the largest incremental capital for global development and infrastructure beyond what exists today will also come from India as the value of its economy grows from $2 trillion to roughly $7 trillion by 2030. However, the DPA – India’s development cooperation agency – is yet to assume an a

The fragility of the Himalayan ecosystem was recently highlighted by incidents of land sinking in Joshimath, a small hill town in India’s Uttarakhand. This crisis has generated intense debate on aspects of development and environmental sustainability in the region, including the exploitation of Himalayan natural wealth and the strain placed on the vulnerable area by the tourism industry. This brief argues that the Himalayan region needs

Balanced urbanisation and rural development is an urgent requirement in China, if it has to fulfill its goals of sustainable development. For this purpose, budgetary allocations and farmers' support have to be tweaked, along with agricultural modernisation.

The key challenge PM Modi would face in China is to completely debunk the hypothesis, which some people suspect, that a key objective of Modi's 'Act East' policy is to contain China, in covert or overt support with the U.S., Japan and other affected nations. This task is not surely going to be easy.

The first universal, legally binding global climate accord signed at the 21st session of the Conference of Parties (COP) in Paris in 2015 committed to long-term goals for “holding the increase in the global average temperature to well below 2°C above pre-industrial levels and to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels.” However, as world leaders prepare for the Facilitative Dialogue (FD) ahead o

Today, world powers are debating a regime to regulate outer Space activities. India cannot let itself be left out of any Space regime as happened over nuclear weapons. In order to be heard in the discussions of any new rule-making effort, India needs to demonstrate its capabilities in Space research and technology, something that the Mangalyaan amply did.

This paper presents a bibliometric analysis of the literature on private health aid and official health assistance between 2000 and 2022. It provides an overview of the sites and themes in the literature pertaining to development assistance in health, and collates the significant policy recommendations presented therein. Several crucial findings emerge from the bibliometric analysis: 44.2 percent of the 489 papers/articles assessed focused on low

In recent years, the Small Island Developing States (SIDS) of the South-West Indian Ocean (SWIO) region have emerged as vital security and developmental partners in the geopolitics of the Indian Ocean Region (IOR)—thereby gaining prominence in India’s foreign policy priorities. This paper examines India’s bilateral and multilateral engagement with the SIDS of the SWIO region, and argues that India should consider the concerns of the

Experts stress upon amending the Land Acquisition Act, Ask for making rehabilitation a duty of the State

Is it realistic to expect the new Prime Minister and his team to bring about a turnaround when some of the key economic indicators have been stagnating for so long? He struck the right note at his inaugural speech by asking people to build a developed and inclusive India.

Development partnerships between countries are crucial in addressing policy challenges in the developing world. Cooperation between countries in the Global South, in particular—such as those that India engages in, under its Development Partnership Administration (DPA)—is heightening conversations around the demands of sustainability. Yet, India continues to lack an appropriate framework by which to assess its development partnerships