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Peace Research Institute Oslo (PRIO)·4 min read·hard

PRIO convenes global meeting on the future of development finance

PRIO convenes global meeting on the future of development finance
AI Summary

The Peace Research Institute Oslo (PRIO) hosted a ministerial meeting in Kenya to discuss the future of global development finance. The initiative focuses on creating an African-led framework for international cooperation as traditional aid budgets decline.

Why it matters

Addresses the critical need for new international financial architectures to support developing nations in a changing global economy.

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In May, PRIO Research Professor Simon Reid-Henry convened a high-level ministerial meeting of the Coalition of Governments on Global Public Investment (GPI), an initiative he launched with partners at the United Nations Financing for Development IV Conference in 2025. The meeting brought together representatives from 18 governments, as well as international organisations, UN agencies, and financial and philanthropic partners.

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Political Bias
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Confidence: 80%

The article reports on international policy discussions using neutral, institutional language.

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