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Blog Post
November 23, 2021
The fact is $100 billion a year is woefully insufficient to cover the cost of climate change adaptation, let alone financing clean energy transitions across the developing world. The adaptation price tag alone could reach $300 billion a year by 2030. According to the IEA, the cost of financing clean...
Blog Post
November 23, 2021
Despite criticism of the “Billions to Trillions” action plan, we know that catalyzing much larger volumes of private finance for investments related to the Sustainable Development Goals (SDGs) remains the only viable avenue for achieving the scale needed in developing countries, given very real cons...
Blog Post
November 12, 2021
The UK made the largest absolute contribution in the last replenishment of the World Bank’s International Development Association (IDA), the bank’s main instrument for assisting the world’s poorest countries.
As the World Bank mobilizes for the IDA replenishment next month, we take an analytical ...
Blog Post
November 10, 2021
Last Friday, the Government of Belize alongside the U.S. Development Finance Corporation (DFC) and the Nature Conservancy (TNC) announced the financial close of the largest blue bond for Ocean Conservation to date. The program enables Belize to convert its existing Eurobond (i.e. foreign currency bo...
Blog Post
October 22, 2021
A central commitment of action on climate is the promise of “developed countries” to jointly mobilize $100 billion of climate finance per year by 2020 (and through to 2025). How does this promise—which developed countries have so far failed to reach—compare to the actual cost of the damage caused by...