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How Developing Countries Reduce the Impact of Climate Vulnerability on Sovereign Risk

Inter-American Development Bank

Our findings highlight the asymmetric impact of climate risks on financing costs, particularly for high-risk countries, and emphasize the critical role of investments in climate preparedness, resilient infrastructure, and economic diversification.

Finance 52
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The case for public procurement as a development finance priority at UN’s 4th Financing for Development Conference

Open Contracting Partnership

Every dollar that isn’t transparently invested in achieving sustainable development outcomes risks being invested in democratic decline. We can’t afford to see high standards of transparency, integrity and public participation in development finance as a compliance bolt on or a nice-to-have.

Finance 57
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MITRE’s Federal AI Sandbox will focus on critical infrastructure, weather modeling, social services

FedScoop

MITRE, the federally funded operator of research and development centers on behalf of agencies, unveiled plans this week to train three new artificial intelligence foundation models in critical infrastructure, weather modeling and sustainable social services.

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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. What is Smart Public Procurement? Better fiscal balances will contribute to greater macroeconomic stability.

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How city governments can navigate the fiscal cliff

American City & Country

Louis struggle with resource constraints and grapple with the significant challenges cities face in balancing budgets, maintaining public services and managing infrastructure needs. It’s why all city leaders, not just those in finance, must be well-versed in the different types of budgetary concerns and how to navigate them.

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Importance of IRS Whistleblowers Highlighted Ahead of Tax Day

Whistleblower Network News

On April 10, Senator Chuck Grassley (R-IA) spoke at a Senate Budget Committee hearing “Sunny Places for Shady People: Offshore Tax Evasion by the Wealthy and Corporations.” Clearly, reforms are needed to sustain this critical program, which IRS leadership has also acknowledged,” writes NWC.

Import 114
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Economy and finance ministries in the face of climate change: 7 advancements in the green fiscal agenda

Inter-American Development Bank

There is no turning back now, the ministries of economy and finance are at the heart of climate action. What are finance ministries doing and discussing to advance green fiscal management? 2- Sovereign thematic issuances are increasingly relevant Sustainable debt instruments are becoming increasingly relevant in the capital markets.

Finance 52