TrueValueMetrics ... Impact Accounting for the 21st Century

Date: 2025-07-01 Page is: DBtxt003.php txt00026583

EVENT ... Thursday April 18th, 2024 CGD Spring Meeting Events Mobilizing the Private Sector: How MDBs Can Step Up Their Catalytic Role CGD's DC office, 2055 L Street NW, Floor 5 11am to noon CGD's DC office, 2055 L Street NW, Floor 5, 20036, Washington, DC Peter Burgess COMMENTARY My involvement in international business and international economic development goes back to the 1970s. Since then I have been involved in a modest way in around fifty countries around the world. There have been massive changes in in the last 50+ years, but progress has been 'patchy' at best. Before I became interested in and then became involved with international development, my training and subsequent work was to do with corporate management and better profit performance. When I started doing work for the World Bank and IFC ... and various parts of the UN system, my impression was that the management dimension of these organizations was in the stone age ... and while the need for development resources was clear, only a rather small part of the resources deployed did any good. Though part of my education was economics at Cambridge, I was shocked by the intellectual bankruptcy of a lot of economists working in international development from around the world. How they ever got employed I do not know ... but they did ... and in some way it is reflected in the lack of progress and poor performance of 'development' over the past several decades. Years ago, I remember someone working at a quite high level in the 'development' world, explaining to me that there was little or no 'management' in the system, but rather it was 'administration' that was characterised by everyone working very hard to avoid any possibility of 'responsibility'. At the time I was doing my best to promote the concept of 'responsibility accounting' ... something that I had used very successfully in the private business sector for more than a decade! I am looking forward to 'listening in' to hear what current practioners have to say ... but I do not expect to hear much about the issues that needed addressing decades ago, and are perhaps even more urgent now! Peter Burgess
Invitation >> Mobilizing the Private Sector: How MDBs Can Step Up Their Catalytic Role CGD Events 9:39 AM (8 hours ago) CGD Event: Mobilizing the Private Sector: How MDBs Can Step Up Their Catalytic Role Register Watch online Thursday, April 18 11:00 a.m. - noon ET / 4:00-5:00pm BST CGD's DC office, 2055 L Street NW, Floor 5, 20036, Washington, DC and virtual About the event The multilateral development banks (MDBs) are uniquely positioned to help bridge gaps in capital markets to unlock private finance for sustainable development. They have the financial and non-financial tools to help strengthen investment climates and share risk. But current MDB private finance mobilization falls far short of what is needed to achieve the UN Sustainable Development Goals (SDGs) and address global challenges like climate change. How can the MDBs effectively mobilize private finance at the necessary scale? In this event, CGD President Masood Ahmed will moderate a panel discussion with key public and private leaders to grapple with this question. They will discuss feasible mobilization levels and what must be done to achieve them. If you have questions for our panelists, please submit them to events@cgdev.org, tweet @CGDev #CGDTalks, or submit your comments via YouTube. Register Featuring Panelists Irene Arias Hoffman, CEO, IDB Lab Alexia Latortue, Assistant Secretary for International Trade and Development, U.S. Department of The Treasury Frannie Leautier, Partner, CEO, SouthBridge Group Ahmed Saeed, CEO, Allied Climate Partners Moderator Masood Ahmed, President, Center for Global Development This email was sent to peterbnyc@gmail.com. This email was sent by: Center for Global Development 2055 L Street NW, Fifth Floor Washington, DC 20036 Tel 202.416.4000 \| Fax 202.416.4050 Manage Subscriptions \| Unsubscribe \| About \| Donate \| Contact CGD@cgdev.org. Press tab to insert.

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