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Blog Post
May 23, 2024
In this blog we summarise our new analysis, in which we estimate with a high level of confidence that over $100bn of climate finance was indeed provided in 2022. In our central estimate, we project $106.8bn of climate finance was provided, meeting the goal in the OECD’s interpretation. We also consi...
CGD NOTES
May 23, 2024
Developed countries committed to provide or mobilise $100 billion (bn) per year in climate finance by 2020. Although that goal was missed, the OECD suggested last year that it was likely that the goal had been met in 2022. In this note, we use newly available bilateral and multilateral finance data ...
Blog Post
May 16, 2024
Development cooperation has reached a crossroads. Humanitarian needs are rapidly increasing as violent conflicts erupt and continue, and geopolitical rivalry is contributing to a more fragmented development landscape. Difficult economic conditions in many of the poorest countries are paired with shr...
Blog Post
May 15, 2024
On Friday, May 10, 2024, the IMF Executive Board approved the recycling of special drawing rights (SDRs) to multilateral development banks (MDBs) for use as hybrid capital. It took a long time to get to this point, and the IMF should be congratulated for overcoming strong opposition, even from some ...
CGD NOTES
April 11, 2024
The reform agenda is long and complicated. MDB shareholders, managers, and other stakeholders need a systematic way to assess progress as objectively and independently as possible. CGD has built this MDB reform tracker for this purpose. The aim is a comprehensive tool, but also a focus on reform pro...
Blog Post
April 09, 2024
It's spring in DC, which means it's time once again for the IMF-World Bank Spring Meetings. Finance ministers, central bank governors, and other top officials from around the world gather to discuss the state of the world economy and the international financial architecture, and CGD's researchers ar...
Apr
18
2024
HYBRID
Washington, DC
9:00—10:00 AM ET / 2:00-3:00 PM BST
March 27, 2024
In the margins of the 2024 World Bank IMF Spring Meetings, the Center for Global Development is set to convene leading development policymakers to discuss the implications of the changing landscape for Official Development Assistance (ODA) and explore how—and on what—to use it most effectively.
Apr
18
2024
HYBRID
Washington, DC
11:00—12:00 PM ET / 4:00-5:00 PM BST
March 21, 2024
How can the MDBs effectively mobilize private finance at the necessary scale? A panel of key public and private leaders will grapple with this question, discussing feasible mobilization levels and what must be done to achieve them.
Apr
18
2024
HYBRID
Washington, DC
4:00—5:00 PM ET / 9:00-10:00 PM BST
March 22, 2024
Learn about the new Impact Disclosure Guidance that help corporates and governments use sound principles of impact measurement and monitoring to attract sustainable pools of capital and to report on development and climate impact. This panel will discuss these new voluntary guidelines and the potent...