Long Story Short

With the U.S. Agency for International Development officially dismantled and its remnants folded into the State Department, the landscape of global aid is at a turning point. We delve into expert perspectives on what the future of foreign assistance might entail, exploring proposed transformations from widening the donor base beyond traditional Western nations to building new institutions and streamlining existing ones, such as the United Nations. This reimagining of aid aims to create a more effective and equitable system for a world grappling with evolving challenges and shifting geopolitical dynamics. With France, Germany, the United Kingdom, and the United States all cutting their aid budgets at the same time for the first time in decades, many low- and middle-income countries are facing steep declines in support. While African leaders have called the cuts “brutal,” they have also maintained that the slashing of foreign aid may act as the wake-up call needed to break their dependency on traditional donor

As the Fourth International Conference on Financing for Development wraps up, Devex reporters Jesse Chase-Lubitz and Elissa Miolene join Associate Editor Thomas Cserép for a podcast episode reflecting on what transpired this week in Sevilla — beyond the sweltering 115 degrees Celsius heat. The big takeaway from FfD4 is the Compromiso de Sevilla, a document that participants view as both a commitment and a compromise. "Multilateralism lives" became the conference's unofficial motto as countries adapted to the United States’ absence. “It's more of a pickup moment after six months of global upheaval, and now moving forward and seeing what's next, and perhaps there'll be other actors that fill that gap, and maybe that might come from the global south itself,” Miolene said. Key outcomes include establishing a borrowers' group to amplify the voices of low- and middle-income countries, and creating a global debt registry aimed at promoting transparency. While climate language was significantly watered down due t

Special episode: How blockchain is powering crisis-to-cash infrastructure by Devex

Development leaders have converged on Sevilla, Spain, for the Fourth International Conference on Financing for Development, or FfD4 — the first such gathering in a decade — as shrinking aid budgets and a U.S. retreat from multilateral commitments reshape the sector. At the 2015 conference in Addis Ababa, Ethiopia, official development assistance was at record levels amid ambitious “billions to trillions” rhetoric — the idea that limited public funds could catalyze massive private investment to tackle global challenges such as climate change. Today’s backdrop includes the pandemic fallout, inflation, the war in Ukraine, and sweeping aid cuts. The U.S. participated in outcome document negotiations until the final stages, reportedly proposing 400 amendments to soften the language on climate and gender before withdrawing entirely, citing too many “red lines.” In this special live podcast episode recorded at Casa Devex, Devex’s events hub for the next few days, reporters Elissa Miolene and Jesse Chase-Lubitz si

Special episode: Can health survive the development finance revolution? by Devex

This week, we have been closely following the Gavi, the Vaccine Alliance’s high-level replenishment event in Brussels. Gavi, the leading international organization that provides vaccines to lower-income countries, finalized its five-year investment round event with more than $9 billion in pledges — falling short of its total budget request of $11.9 billion. The United States decided to cut its support for the organization, with U.S. health secretary Robert F. Kennedy Jr. stating that the country will not fund Gavi until it works to “re-earn the public trust.” On the topic of the U.S., our discussion also covers the Trump administration's decision to withdraw support for various U.N. Sustainable Development Goal commitments, alongside its absence from the Fourth International Conference on Financing for Development. To discuss these stories and others, Business Editor David Ainsworth sits down with Sara Jerving and Colum Lynch for the latest episode of our podcast series. Sign up to the Devex Newswire and

This week, we are at the Bonn Climate Change Conference. From climate financing to the absence of the United States, we take a look at the major talking points at the summit and contemplate whether the talks will translate into actionable policies. We also look at how the Trump administration’s plans to cut foreign aid funding could create unexpected domestic repercussions for American agricultural producers. This policy shift carries severe consequences, potentially undermining the economic stability of U.S. farmers involved in aid supply chains and degrading crucial international mechanisms for disease and pest surveillance that transcend national borders. In order to dig into these stories, and others, Senior Editor Rumbi Chakamba sits down with Global Development Reporters Ayenat Mersie and Jesse Chase-Lubitz for the latest episode of our weekly podcast series. Sign up to the Devex Newswire and our other newsletters: https://www.devex.com/account/newsletters

In celebration of our 100th podcast episode, we’re revisiting the most impactful global development stories from the past two years, covering the period since our very first recording. From the evolving aid landscape to the critical discussions around localization, we explore some of the key themes in global development that we have been covering. We examine the growing burden of debt in low-income countries and the urgent need for climate finance. During this episode, we also look back at the key takeaways from the Hamburg Sustainability Conference, where Devex was a media partner. For this week’s edition, Business Editor David Ainsworth sits down with Devex President and Editor-in-Chief Raj Kumar and Global Development Reporter Elissa Miolene to mark this special occasion. Sign up to the Devex Newswire and our other newsletters: https://www.devex.com/account/newsletters

On this week’s podcast episode, we unpack U.S. President Donald Trump’s 2026 budget request, which proposes sweeping cuts to foreign aid and includes the elimination of funding for major global health initiatives such as Gavi, the Vaccine Alliance and The Global Fund to Fight AIDS, Tuberculosis and Malaria. The administration has also submitted a $9.4 billion rescission proposal to the U.S. Congress, seeking to formally cancel previously approved funds, much of it earmarked for foreign assistance. If approved, the move would codify into law cuts already made by the Department of Government Efficiency. The upcoming congressional response will be a critical test of foreign aid advocacy. We also discuss what happened at last week’s African Development Bank meetings in Abidjan, Côte d’Ivoire, where delegates discussed the need to diversify funding sources in the wake of U.S. aid cuts and focus on more reliable partnerships. The meetings also marked a leadership transition, with Mauritania’s Sidi Ould Tah appoin

This week we reflect on the 78th World Health Assembly, which Devex covered on the ground in Geneva. From the historic agreement of the Pandemic Treaty to the World Health Organization's strategies for addressing its persistent funding gap, we analyze the key takeaways from the conference. We also discuss the U.S.- and Israeli-backed Gaza Humanitarian Foundation’s aid delivery mechanism, which is facing internal collapse and accusations of violating humanitarian norms. The organization’s now-former executive director, Jake Wood, resigned on Sunday, just one day before the private humanitarian organization’s food aid distribution plan for Gaza launched, saying that it was “not possible” to implement the initiative “while also strictly adhering to humanitarian principles.” This week’s episode also looks ahead to the topics we will be following at the Fourth International Conference on Financing for Development starting next month in Seville, Spain. Digging into these stories and others, Devex Business Edit

Explosive growth in the middle class, rapid urbanization, digitization and automation, the energy transition, and evolving geopolitics — these all present unique challenges for today’s businesses, said Jonathan Fantini-Porter, senior vice president of social impact in the Americas at Mastercard Center for Inclusive Growth. It’s against this backdrop that public and private sector leaders are grappling with questions of longevity, opportunity, and continued growth. With this in mind, Mastercard Center for Inclusive Growth and Devex convened over 400 practitioners from the fields of tech, policy, and finance last month in Washington, D.C., for the Global Inclusive Growth Summit. The sessions and conversation centered on what it takes to create and lead economic growth, how to future-proof an organization’s mission, and the role of innovative leadership in shaping a better future. “The key is the shared urgency around how we future-proof inclusive growth … and the importance of cross-sector collaboration at

With the 78th World Health Assembly in full swing, we dig into the main talking point of the conference: the Pandemic Agreement. The landmark treaty was adopted during this year’s edition of the annual summit. The agreement is designed to create a world better prepared for pandemics, ensuring a more equitable distribution of lifesaving medical interventions — a key challenge highlighted by the COVID-19 response. We delve into what this means for pandemic preparedness and chart the essential next steps. During the conversation, we also discuss the funding challenges faced by the World Health Organization and possible solutions that are being explored to ensure its sustainable future. For this special episode of our podcast series recorded live on the sidelines of the World Health Assembly, Devex Senior Editor Rumbi Chakamba sits down with Helen Clark, the former Prime Minister of New Zealand, and Dr. Ngashi Ngongo, the principal adviser to the director-general on program management and the continental inci

Next week, the global health community will convene in Geneva for the World Health Organization's annual decision-making summit, the World Health Assembly. We preview the pivotal discussions expected to shape the coming year, including the implications of recent leadership changes and cost-saving initiatives at WHO, as well as the evolving role of philanthropic organizations in funding global health. We also discuss U.S. President Donald Trump’s self-described “big, beautiful bill,” which made its way through a key congressional tax-writing committee on Wednesday. The 389-page plan would increase taxes on private foundations, place a 5% tax on remittances for non-U.S. citizens, and allow the government to revoke the tax-exempt status of organizations it says support terrorists. To analyze these stories, and others, Devex Senior Reporter Adva Saldinger sits down with Managing Editor Anna Gawel and senior global health reporter Jenny Lei Ravelo for the latest episode of our podcast series. Join our global he

For this special episode of our weekly podcast series, we sit down with outgoing UNDP Administrator Achim Steiner. He reflects on his two terms, navigating the agency through transitions and current disruptions. Steiner candidly discusses the significant impact of Trump administration program cuts, detailing how they disrupted vital partnerships and supply chains in crisis-hit countries. Hear his take on these impactful cancellations within the larger context of UNDP's work. Steiner also addresses the concerning trend of declining development finance for much of the developing world, despite overall ODA figures. He confronts the growing skepticism around multilateral institutions and the critical need for internal reflection. Looking ahead, Steiner highlights UNDP's adaptation through new partnerships and financing, urging a global shift towards innovative funding solutions, especially for the most vulnerable nations. Tune in for this crucial discussion on the changing face of development.

This week, we learned that billionaire philanthropist Bill Gates will commit most of his fortune to the Gates Foundation, which will close in 2045. Before this date, the foundation will double its philanthropy, spending $200 billion over the next two decades. The announcement comes as the organization, which has given away $100 billion since 2000, marks its 25th anniversary. Meanwhile, at the end of last week, U.S. President Donald Trump’s budget proposed an unprecedented slashing of U.S. foreign assistance, making huge cuts to global health, humanitarian aid, and core economic and development work. We discuss the details of Trump’s budget proposal for fiscal year 2026, and its potential impact on the global development sector. As the future of foreign aid remains in limbo, 400,000 boxes of food for malnourished children remain stuck in the United States. To explore these stories and others, Senior Editor Rumbi Chakamba sits down with reporters Sara Jerving and Elissa Miolene for the latest episode of our

This week marked the first 100 days of the second Trump presidency. From the cutting of foreign aid programs to the laying off of government staff, we reflect on the second Trump administration's impact on the global development sector. On the topic of the U.S. government, the Department of Government Efficiency is also planning to shut down the Millennium Challenge Corporation. However, efforts are underway to try and save the agency, which has enjoyed bipartisan support and is seen as a key tool to countering China's geopolitical influence. We also look back at the key takeaways from the Global Inclusive Growth Summit hosted by the Mastercard Center for Inclusive Growth, where Devex was a media partner. To dig into these stories, and others, Devex Editor Rumbi Chakamba sits down with Devex President and Editor-in-Chief Raj Kumar and Senior Reporter Adva Saldinger for the latest episode of our weekly podcast series. Sign up to the Devex Newswire and our other newsletters: https://www.devex.com/account

Special episode: What’s at stake in the race for critical raw materials? by Devex

Summary Award-winning journalist Roger Thurow reveals how conventional farming practices are simultaneously depleting resources and failing millions of farmers worldwide. His investigation finds that many receiving food aid are actually food producers, highlighting a fundamental flaw in global agricultural systems. Drawing from field research across multiple continents, Thurow highlights promising indigenous and regenerative farming approaches that could transform global food systems while addressing climate challenges. Chapters 00:00 The Collision of Nourishment and Planetary Health 02:30 The Journey into Agriculture and Food Security 05:42 Unintended Consequences of Agricultural Practices 10:25 Lessons from Farmers: Regret and Resilience 14:26 The Debate: Regenerative vs. Modern Agriculture 20:08 Indigenous Knowledge and Innovation in Agriculture 25:15 The Role of Farmers in Global Agriculture 27:54 The Importance of Listening to Farmers Want to stay updated on the latest news in global development? Subsc

With the World Bank and International Monetary Fund Spring Meetings in full swing, we are recording live from the conference. From the United States’ approach to the institutions to how to create more jobs in the global workforce, we take a look at the key discussion points at the summit. On the topic of the U.S., we chew over the possibility that the uncertainty surrounding potential tariffs imposed by President Donald Trump’s administration may be more damaging than the tariffs themselves, drying up liquidity and forcing painful choices on indebted nations. During the conversation, we also get into our scoop on the Department of Government Efficiency’s targeting of the Millennium Challenge Corporation. In the coming weeks, the agency is expected to face a reduction in both staff and programming. To explore these stories, Business Editor David Ainsworth sits down with reporters Adva Saldinger and Jesse Chase-Lubitz, who are covering the Spring Meetings this week, for the latest episode of our weekly po

This week we published a story in which we spoke with 14 former and current World Central Kitchen staff members and contractors to find out what lay behind the deaths of seven of the nonprofit’s staff members in Gaza. The interviewees described a workplace plagued by risk, inadequate training, and a “build-the-plane-while-flying-it” mentality. With the Spring Meetings of the World Bank and International Monetary Fund coming up next week, we discuss what the gathering will mean for the global development sector. It’s the first World Bank meeting since U.S. President Donald Trump’s election in January, and all eyes will be on how the United States will approach the talks and its relationship with the institution. We also take a look at the key takeaways from our event with U.S. Rep. French Hill, a Republican from Arkansas and chair of the House Financial Services Committee, who argued that the World Bank is disproportionately focused on climate change and it needs to be pushed “back on course.” To unpack w