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Blog Post
February 20, 2024
There is some good news on global climate change. The International Energy Agency suggests we are “at the beginning of the end” of the fossil fuel era, with ‘peak fossil’ likely this decade. And the consensus amongst climate modelers appears to be that the worse scenarios historically used by the IP...
CGD NOTES
February 20, 2024
An increasing proportion of official development assistance (ODA) is being dedicated to climate, and climate mitigation in particular. Even were that spending highly effective, and despite reaching about $30 billion in 2020, it is not large enough to finance investment that would significantly slow ...
Blog Post
October 12, 2023
As the World Bank and IMF meetings wrap up in Morocco, hopes for an imminent revolution in multilateral finance look forlorn. A dollar of capital can support five dollars of lending at the IBRD and the costs of subsidized finance for the poorest countries through IDA are shared amongst more than fif...
Blog Post
April 21, 2023
In our recent paper forecasting global economic outcomes in 2050, we compared our estimates to the five shared socioeconomic pathways developed in 2018–scenarios used as part of climate change forecasting exercises by the IPCC. But these were far from the first global economic forecasts to reach 205...