Highlights

Central Bank Digital Currencies: Design and Implementation in the Evolution of Sovereign Money

BWC's Digital Finance Project Team just published their most recent report.

With the nine countries having formally established CBDCs for their currencies and more than 100 countries are at various stages of conceptualization, design, and implementation to date, a new monetary era is clearly in front of us. This report lays out the policy and technology design choices that factor into a CBDC while calling for the BIS and FSB to take the lead on international standard-setting. 

International Council 2023 Recap

Date and time: Tuesday, October 10, 2023 2:00pm – 6:00pm WEST, followed by reception

Thursday, October 12, 2023 10:30am – 11:30am WEST

Attendance restrictions: by invitation only

Location:  OCTOBER 10: ATLAS Quarter, Room AA03

NEW RELEASE: The Role of Multilateral Development Banks in Closing the Climate and Energy Transition Finance Gap

BWC's Climate and Energy Transition Finance Project Team just published their first report.

After the recent G20 call for better, bigger, and more effective MDBs, they propose enabling faster and more effective development banks to close the finance gap through a new "Climate Action Accelerator". 

BWC DIALOGUES – Public Trust: The Role of the Private Sector in Sovereign Digital Currency

We are Hiring!

BWC has been growing quickly and we need to grow our team to keep up. We are looking for a number of new people to join a nimble and dynamic team. BWC is looking for self-motivated individuals who take pride and ownership of their work for the following positions.

Director of Programs and Policy

We are looking for a Director of Programs & Policy to guide strategy, develop and oversee all BWC programming including working groups, special projects and flagship conferences.

BWC 2022-2023 Annual Report

Dear BWC Members and Friends,

I am delighted to share our 2022-2023 Annual Report.

Over the past year, BWC's work has focused on providing constructive multilateral solutions to complex global challenges - from digital finance to climate & energy to multilateral reform and sovereign debt.

Looking forward, our work will continue to be responsive to global issues and expand BWC's role as a globally-inclusive, highly-regarded voice for effective economic cooperation.

NEW RELEASE: Security Issues with Crypto—The Bank Secrecy Act, Anti–Money Laundering, and Countering the Financing of Terrorism

BWC's Sovereign Debt Working Group has published their latest report, Security Issues with Crypto—The Bank Secrecy Act, Anti–Money Laundering, and Countering the Financing of Terrorism.

The seventh in a series of nine installments, this brief gives an overview of the biggest security issues facing crypto while also providing a menu of potential solutions. 

NEW RELEASE: Private Sector Engagement and Equitable Burden Sharing: A New Paradigm

BWC's Sovereign Debt Working Group has published their latest report, Private Sector Engagement and Equitable Burden Sharing: A New Paradigm. 

This report offers groundbreaking recommendations for channeling enhanced financial resources to developing and emerging countries by fostering greater private sector involvement. 

Financing the Future Roundtable: The Role of IFIs in Development and Climate Finance

As an affiliated event to the Summit for a New Global Financing Pact in Paris , BWC organized a roundtable discussion Financing the Future: The Role of IFIs in Development and Climate Finance. The roundtable featured a cross-section of participants from MDBs, private sector, and civil society and highlighted the work of BWC’s Climate and Energy Transition Finance and Multilateral Reform working groups.
 
Key themes that emerged were:

BWC DIALOGUES – Is the competitiveness of the US dollar still relevant in today's global landscape?

"We should not assume that we, as a country, have natural advantages that don't require innovations on the edges," was Dante Disparte's parting appeal. William and Dante's conversation took the long view of US dollar competitiveness and talked about the trends of de-dollarization as well as the potentially harmful effects of sanctions and the US policy environment on overall US Dollar competitiveness.