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.
Heightened food and energy prices are exacerbating humanitarian crises around the world. Resources and attention are being diverted to Ukraine, rather than expanded. Here, we identify existing and new countries at risk, and look at the major donors’ resources to respond to those needs. Policymakers...
Russia’s invasion of Ukraine has sparked significant rises in energy and food prices. Our analysis suggests the scale of price spike will push over 40 million into extreme poverty. In this blog, we look at the outlook for commodity prices as well as the significant implications for hunger and povert...
Climate and trade will be major issues at the sixth European Union (EU) – Africa Union (AU) summit on 17-18th February. One item on the agenda is the EU’s new proposal to apply a carbon border adjustment mechanism (CBAM) on imports.The proposal is designed to lower carbon emissions globally, but at ...
Recent extreme weather events in the US, Canada, Europe and beyond have shown the high-income countries how vulnerable it is to climate change—a feeling that lower- and middle-income countries have known for years. Germany’s actions over the past decade on climate finance have established it as a le...
The new foreign secretary, Liz Truss, will meet with the chancellor in the coming weeks to determine her department’s budget over the coming three years. If the chancellor maintains his current stance on counting aid spend even where it has no fiscal cost, and also treating the aid target as a ...
In the UK’s recent comprehensive foreign policy review, Prime Minister Boris Johnson has reaffirmed the government’s commitment to resume spending 0.7 percent of gross national income on official development assistance (ODA) “when the fiscal situation allows.” This begs the question: when will the f...
As the possibility of a new Cold War between the US and China gains traction in some foreign policy circles, the scale of Chinese development finance has taken center stage. A closer examination suggests the cost to China of this lending is distinctly underwhelming. It would be cheap for the US and ...