The coalition, co-hosted by the Center for Global Development and the African Center for Economic Transformation, brings together policymakers, economists, and development experts to rethink how international cooperation can better support sustainable growth and economic transformation in the 21st century.
Its inaugural meeting will take place during the 2026 World Bank–IMF Spring Meetings in Washington, D.C., marking the start of a year-long effort to develop practical recommendations to enhance the effectiveness of development cooperation systems.
The initiative is co-chaired by Arancha González Laya, former foreign minister of Spain and dean of the Paris School of International Affairs at Sciences Po, and Yemi Osinbajo.
With representation spanning Africa, Europe, Asia, Latin America, and the Middle East, the coalition aims to strengthen countries’ agency and ensure a greater role for developing economies in shaping international development cooperation.
Other commissioners include David Miliband, president and CEO of the International Rescue Committee; Joaquim Levy; Shenglin Ben; Shankar Maruwada; Jasandra Nyker; Daouda Sembene; Azucena Arbeleche; Tamara Hasan Abed; and Abigail Kajumba.
Commenting on her appointment, Al-Mashat said development cooperation must better align with countries’ priorities while unlocking private investment at scale. She added that stronger connections between public policy, international partnerships, and capital markets are essential to mobilise development finance, support macroeconomic stability, and advance structural reforms.
“I am pleased to contribute to shaping and accelerating this shift,” she said.
The coalition seeks to respond to mounting global challenges, including climate pressures, technological change, and shifting geopolitical dynamics, by proposing more flexible and country-driven approaches to development cooperation.
The Center for Global Development is an independent research institution focused on reducing global poverty and inequality, while the African Center for Economic Transformation supports long-term economic transformation across Africa.
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