Division Globalisation and Transformation

The way our economy currently works is destroying the foundations of life on this planet. Climate change is accelerating and biodiversity is under massive pressure. At the same time, the income gap is widening and inequality is growing. A “great transformation” (WBGU) worldwide is needed to bring our global economy in line with planetary boundaries while ensuring a good life for all. The work of our department focuses on projects concerning international infrastructure, investment, economic and fiscal policy as well as the promotion of new economic and development policy ideas.

Thematic focus
Tyuleniy Archipelago, Kazakhstan

Debt Relief for Green and Inclusive Recovery

Cover Debt Relief by Multilateral Lenders

Debt Relief by Multilateral Lenders

As the sovereign debt crisis in the Global South continues to unfold, the lack of involvement of multilateral development banks (MDBs) in debt relief efforts has become a contentious issue among major creditors. This report aims to contribute to the ongoing debate over debt relief negotiations and MDBs and makes policy recommendations how to include MDBs better in debt relief.
Cover - Another lost Decade or a Decade of Action?

Another Lost Decade or a Decade of Action?

Policy Brief
Climate-related shocks are becoming more frequent and severe. More than ever, countries must invest in climate resilience and just transitions, but for many emerging market and developing economies, high debt burdens put achieving climate and development goals out of reach. A new policy brief explains the proposal advanced by the Debt Relief for Green and Inclusive Recovery (DRGR) Project.
Making the Great Turnaround work

Making the Great Turnaround work

The long-term challenges have lost none of their significance – be it climate breakdown, species extinction, the increase in inequality, or demographic change. The challenge is to craft a strategic approach that can set the course for long-term success.


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