In timely and incisive analysis, our experts parse the latest development issues and events, providing practical solutions to new and emerging challenges.
International institutions, development agencies, and the global development community must step up to assist the growing financial and humanitarian crisis. CGD experts advise.
IF-CAP is a donor-backed guarantee facility, where public, private, and philanthropic financing partners take risk off the ADB’s balance sheet by guaranteeing to backstop repayments for ADB mitigation and adaptation climate projects. By guaranteeing repayments on specific climate investments, IF-CA...
Last week, leaders from around the world gathered in Washington, DC to discuss the global economic situation, a looming debt crisis, and the future of the international financial institutions. Here are some of CGD experts' takeaways on the highs and lows.
Debt suspension clauses (DSCs) are having their moment in the international policy arena spotlight. Also known as “pause clauses” or climate-resilient debt clauses, DSCs are mechanisms that allow a country to temporarily suspend debt repayments for a pre-agreed period (generally 1-2 years) if a nat...
IDA has emerged as the largest financing arm of the World Bank Group in the last few years, and demand remains high. But IDA has not featured as prominently in the World Bank reform and roadmap conversations as IBRD. The Spring Meetings are an opportunity to change that.
Climate financial intermediary funds (FIFs) represent one of the largest sources of multilateral grant and other concessional finance for climate, including for middle-income countries (MICs). Together, they have received more than $50 billion in cumulative grant funds from donors. They have collect...
Last week I was just thinking about writing a blog about a new economics working paper, when I got access to the new Bing AI chatbot, trailed as yet another improvement on ChatGPT and with up to date internet access. It turns out Bing can write a very passable blog summary of a working paper recentl...