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Blog Post
November 15, 2023
On 1st October, the EU soft launched its Carbon Border Adjustment Mechanism (CBAM), which aims to help avoid “carbon leakage”, where companies move their production to country with less stringent climate policies. Reporting requirements will start from 2024 and full charges will come into effect in ...
Blog Post
October 11, 2023
Budget support offers direct financing to a country’s treasury to create more “fiscal space” for public programs. It has constituted some 14 percent of ODA on average, increasing to over 20 percent in times of crisis. No aid modality is more controversial. Critics argue that, without earmarking fund...
Blog Post
September 22, 2023
The IMF has now approved ten new loans to countries under its new Resilience and Sustainability Trust (RST), established in 2022 to provide financial support on concessional terms to countries facing long-term structural challenges arising from two key threats: climate change and pandemic preparedne...
Blog Post
September 13, 2023
For 20 years, the Commitment to Development Index has assessed countries' policies and the level of effort they go to in order to contribute to international development. Because development depends on much more than foreign aid, the Index looks at countries’ performance across eight different polic...
Blog Post
September 07, 2023
We have reviewed each of the UK’s seven main finance tools—from export finance to capital increases at its private finance arm, British International Investment. Overall, we find that the UK has substantially increased the level of finance it mobilises, from around £3bn in 2018, to £5bn in 2021, and...
Blog Post
June 19, 2023
This week, the world’s leaders descend on Paris to “build a new consensus on a more inclusive international finance system.” In this blog, we look at why taxes and levies offer major advantages over other economic tools to tackle climate change and examine different taxes and levies that could reduc...