
There wasn’t any snow but there was plenty of schmoozing at the World Economic Forum Annual Meeting in Davos this past week. But in between the “pre-breakfasts” and the late-night parties were substantial discussions and hopeful ideas.Devex Editor-in-Chief Raj Kumar and Senior Reporter and author of Devex Invested Adva Saldinger look back on the biggest issues people were talking about — from climate and crypto to the war in Ukraine — while looking ahead to see if all of the lofty talk will actually reach the people on the ground who need to see rhetoric turned into action.For the latest on business and development finance, sign up to Devex Invested, delivered straight to your inbox every Tuesday.
May 27, 2022
27 min

Digital currency. Blockchain. Brainwallet. Web 3.0. What do they all actually mean — and what do they mean for the development community?Adva Saldinger, senior reporter at Devex and author of the Invested newsletter, delves into tech’s next revolution with Dante Disparte, chief strategy officer and head of global policy for Circle, which produces the closest thing we have to a digital dollar backed by the U.S. banking system.Dante Disparte has two decades of experience as an entrepreneur, business leader and global risk expert, most recently as founder and CEO of Risk Cooperative, a strategic risk advisory and insurance brokerage based in Washington, D.C. He is also a member of the World Economic Forum’s Digital Currency Governance Consortium, helping drive global standards and regulatory harmonization for digital currencies. For the latest on business and development finance, sign up to Devex Invested, delivered straight to your inbox every Tuesday.
May 27, 2022
23 min

Jeremy Farrar, one of the first people to sound the alarm about the pandemic, warns the global community: Do not let your guard down — for this pandemic, or the next one.The director of Wellcome Trust talks to Devex Editor-in-Chief Raj Kumar about the uncertainties of long Covid, the successes and failures of the global coronavirus response, the geopolitics of global health, and our collective “blindspots” to the next virus.Jeremy Farrar is a member of the UK Vaccine Taskforce and the Principles Group of the ACT-Accelerator hosted by the World Health Organization, where he chairs the R&D Blueprint Advisory Group. He advocates for rapid investment in research on Covid-19 testing, treatments and vaccines, and argues that everyone – not only people who live in rich countries – should benefit equally from the discoveries that result. For the latest on the pandemic and global health, sign up to Devex CheckUp, delivered straight to your inbox every Thursday.
May 27, 2022
20 min

Alongside population growth and the expansion of cities, the world has seen a rise in slums and shanty towns, where hundreds of millions people live. Sheela Patel, founder and director of the Society for the Promotion of Area Resource Centres (SPARC) India, offers Devex Editor-in-Chief Raj Kumar her thoughts on whether development leaders are really paying attention to informal settlements. She also reflects on the interrelated issues of climate change, instability and the food crisis.For the latest on the food crisis, sign up to Devex Dish, delivered straight to your inbox every Wednesday.
May 26, 2022
21 min

Global crises are nothing new. They’re par for the course at Davos. What is new this year is how today’s litany of crises took the world by complete surprise, says Patricia Danzi, director-general of the Swiss Agency for Development and Cooperation.She talks to Devex Editor-in-Chief Raj Kumar about the unprecedented reach of crises that have upended the lives of everyone from farmers to presidents — as well as the unprecedented response by the global community. But is the private sector fully on board?Patricia Danzi started work as the first female head of the Swiss Agency for Development and Cooperation in the middle of the Covid-19 pandemic in May 2020. The 53-year-old humanitarian is a former elite athlete, who represented Switzerland in the heptathlon at the Atlanta Olympic Games in 1996. She also speaks seven languages. Danzi holds Swiss and Nigerian citizenship. She says she inherited her diplomatic skills from her father, who studied law at the University of Fribourg, and her humanitarian commitment from her mother, who was a secondary school teacher.Want to keep up with how the development community is taking on this new era of crisis and collaboration? Then sign up to Devex Newswire, delivered straight to your inbox every day.
May 26, 2022
16 min

No government can finance the kinds of transformations needed for the world to reach the Sustainable Development Goals by 2030.That’s the word from Achim Steiner, administrator of the U.N. Development Programme, who argues the private sector is integral to the SDGs, particularly on climate change.He talks to Devex Senior Reporter Adva Saldinger, who authors the Devex Invested newsletter, about the complexities of fossil fuels and renewable energy — and how we can keep the lights on while transitioning to a cleaner economy.In addition to serving as administrator of UNDP, Achim Steiner is director of the Oxford Martin School at the University of Oxford. Most recently, he was executive director of the United Nations Environment Programme. He previously served as director-general of the United Nations Office in Nairobi, director-general of the International Union for Conservation of Nature, and secretary-general of the World Commission on Dams in South Africa.
May 26, 2022
17 min

A mystery guest, a big announcement and a large pot of money. Devex Editor-in-Chief Raj Kumar talks to Peter Sands, executive director of the Global Fund, which is approaching its three-year replenishment. It’s a critical time under normal circumstances, but it takes on added urgency amid a pandemic that has challenged the Global Fund’s mission, drained public resources and made collaboration with the private sector all the more important. A former chief executive officer of Standard Chartered PLC, one of the world’s leading international banks, Peter Sands has been a research fellow at Harvard University since 2015, working on a range of research projects in financial markets and regulation, fintech and global health. For the latest on the pandemic and global health, sign up to Devex CheckUp, delivered straight to your inbox every Thursday.
May 26, 2022
32 min

How has the UN tackled racism internally? What’s being done and where do we still need to go? In this episode, leader Winnie Byanyima discusses the anniversary of the George Floyd murder and racism and sexism in global development and the UN. She outlines what has been done, what needs to be done next, and her message to leaders here at Davos.Winnie Byanyima is the Executive Director of UNAIDS and an Under-Secretary-General of the United Nations. A passionate and longstanding champion of social justice and gender equality, Ms Byanyima leads the United Nations’ efforts to end the AIDS epidemic by 2030. Ms Byanyima believes that health care is a human right and was an early champion of a People’s Vaccine against the coronavirus that is available and free of charge to everyone, everywhere.Before joining UNAIDS, Ms Byanyima served as the Executive Director of Oxfam International, a confederation of 20 civil society organizations working in more than 90 countries worldwide, empowering people to create a future that is secure, just and free from poverty.
May 24, 2022
19 min

Not only does 2022 mark the third year of a global pandemic, it also marks seven and a half years into the SDGs — the halfway point. This year, the World Economic Forum annual meeting convened in person for the first time in two years. The week-long event drew hundreds of leaders from a multitude of fields and countries to reflect on SDG targets and develop solutions to achieve them in a post-pandemic era. Devex was on the ground in Davos covering the conversations — both at the sessions and behind the scenes — to get the inside scoop on the biggest issues of the day.
May 20, 2022
16 min
