Developing countries are facing multiple crises ' including climate change, crushing debt burdens, and growing food insecurity. The world's 17 U.N. Sustainable Development Goals (SDGs) ' once the bright north star for the international community ' sometimes seem dim and unattainably distant, just five urgent years from the deadline. The financing gap for achieving the SDGs is estimated at $4 trillion per year. One tool to help developing countries navigate these crises and build a promising future is the International Development Association (IDA), the concessional lending arm of the World Bank. It is a crucial lifeline to those who need it most. As we near the IDA's donor conference in December, its three-year replenishment hangs in the balance. IDA's centrality in funding development and climate resilience is undisputed. IDA is the largest source of financing for low-income countries and the world's largest fund for climate adaptation. It provides concessional loans (with low...
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