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Blog Post
May 22, 2023
The climate mitigation work is an urgent development mission. The world has probably already lost the battle to limit warming to 1.5 degrees Celsius by 2050. Even now, millions of people in developing countries are suffering and dying due to natural disasters and sea level rise made worse by past an...
Blog Post
March 20, 2023
The UK's Energy Price Guarantee increased CO2 emissions by 3.2 million tonnes over the period October 2022-April 2023—double the achievements of UK climate mitigation aid over the same period, which we estimate at a reduction of just 1.6 million tonnes of CO2, demonstrating that when it is expedient...
Blog Post
November 23, 2022
Living up to the challenge of limiting global temperature rise to 1.5°C, especially after meagre emission reduction outcomes at COP 27, will not only require much more finance but also much more effective climate finance—from both the public and private sectors. The world will need to develop new te...
Blog Post
November 03, 2022
In a new paper, we set out the case for using pull financing to solve problems that affect both development and climate outcomes by incentivising transformational change through technical innovation or massive-scale production and distribution of existing technologies. However, one big question our ...
Blog Post
November 03, 2022
Pull financing is a powerful but underused mechanism for incentivising progress on hard-to-tackle social problems for which innovation or the take up of innovation may be part of the solution. In a new paper, published today, we argue that pull financing can play an important role in the generation ...
Blog Post
June 30, 2022
Improving the effectiveness and traction of IMF surveillance could enable timely responses to climate-related crises. Overseeing the international monetary system and the policies of its member countries—an activity known as “surveillance”—is a key function the IMF performs to promote global economi...