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TZID:Europe/Luxembourg
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BEGIN:VEVENT
UID:1531@almina.lu
DTSTART;TZID=Europe/Luxembourg:20261127T093000
DTEND;TZID=Europe/Luxembourg:20261127T120000
DTSTAMP:20260921T092806Z
URL:https://www.almina.lu/events/development-cooperation-in-transition-bet
 ween-aid-and-financial-markets/
SUMMARY:Development Cooperation in Transition : Between Aid and Financial M
 arkets
DESCRIPTION:Development cooperation has changed fundamentally over the past
  decade. Whereas it once relied primarily on non-repayable grants\, a grow
 ing share of public funding now flows into development funds\, blended fin
 ance structures\, and other financial vehicles. The aim is for this money 
 not only to promote economic development in recipient countries but also t
 o generate financial returns for investors. On the one hand\, public resou
 rces are expected to be used more efficiently because\, unlike traditional
  grants\, the funding flows back at least partially – or may even genera
 te income. On the other hand\, projects expected to generate financial ret
 urns are intended to attract private capital and expand development financ
 ing well beyond the initial public investment.\n\nThe workshop examines th
 e consequences of this financialization of development cooperation. How do
  these new financial structures work? What role do investment funds\, deve
 lopment banks\, and financial centres play? How much of the funding provid
 ed actually reaches people and projects on the ground\, and how much remai
 ns within the financial sector in the form of management fees\, service co
 sts\, and investor returns?\n\nParticular attention is paid to Luxembourg.
  As the world’s second-largest fund domicile and an internationally sign
 ificant hub for microfinance\, the Grand Duchy plays a key role in the glo
 bal architecture of development finance. A substantial share of European d
 evelopment banks’ investments in such funds – including those of Germa
 ny’s KfW Development Bank – is channelled through Luxembourg-based str
 uctures. What does this mean for recipient countries\, for development coo
 peration\, and for Luxembourg’s financial centre?\n\nUsing concrete case
  studies – such as the Luxembourg-domiciled Arbaro Fund – the workshop
  analyses typical financial constructions and discusses their implications
  for development policy. It also examines the assumptions behind the growi
 ng involvement of private financial actors and asks whether the promise th
 at return-driven financing makes development cooperation more effective st
 ands up to scrutiny.\n\nThe workshop is aimed at development cooperation p
 rofessionals\, civil society actors\, journalists\, and anyone interested 
 in better understanding the relationship between financial centres and dev
 elopment policy.\n\n&nbsp\;\n\nhttps://etika.lu/nos-evenements/deconstruct
 ing-finance/
ATTACH;FMTTYPE=image/jpeg:https://www.almina.lu/wp-content/uploads/2026/09
 /ETIKA_Deconstructive_finance.webp
CATEGORIES:atelier / stage
LOCATION:Maison des ONGD - Luxembourg\, 55\, avenue de la Liberté\, Luxemb
 ourg\, Luxembourg
GEO:49.60226;6.132361
X-APPLE-STRUCTURED-LOCATION;VALUE=URI;X-ADDRESS=55\, avenue de la Liberté\
 , Luxembourg\, Luxembourg;X-APPLE-RADIUS=100;X-TITLE=Maison des ONGD - Lux
 embourg:geo:49.60226,6.132361
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TZID:Europe/Luxembourg
X-LIC-LOCATION:Europe/Luxembourg
BEGIN:STANDARD
DTSTART:20261025T020000
TZOFFSETFROM:+0200
TZOFFSETTO:+0100
TZNAME:CET
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