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CGD NOTES
March 15, 2024
The November guidance on RSF seems to have addressed some of the shortcomings observed in the initial RSF programs. However, as we highlight in this note, other deficiencies remain unresolved and require attention from the IMF’s Executive Board during the upcoming RSF review.
Blog Post
November 30, 2023
The latest climate COP, or “Conference of the Parties to the United Nations Framework Convention on Climate Change,” got underway today in Dubai. It will be attended by thousands of delegates from governments, the private sector, media, and civil society, with two hectic weeks of events and negotiat...
Blog Post
November 28, 2023
Recent news that developed countries may finally have delivered on their promise to mobilise $100 billion of climate finance is welcome. But it is nowhere near enough to meet the aims of the Paris Agreement, and climate finance will continue to be an extremely contentious issue at COP28 in Dubai. So...
POLICY PAPERS
November 01, 2023
Central to implementation of the Paris Agreement are questions of “fair shares”: who might contribute what and whether the group of contributors should be expanded. There is a case for nontraditional donors providing 20-30 percent of any total, while developed countries continue to take primary resp...
Blog Post
November 01, 2023
With just a month to go before COP28, the question of climate finance is threatening to derail the negotiations. Failure to deliver on past promises have damaged trust, and current discussions around both the New Collective Quantified Goal (NCQG) and especially the promised Loss and Damage (L&D) Fun...
Blog Post
October 30, 2023
Realizing the Sustainable Development Goals (SDGs) and tackling the climate crisis in developing nations demands substantial investments. A recent report commissioned by the G20 estimated that for developing countries (encompassing low-income, lower-middle-income, and upper-middle-income nations), a...
Blog Post
October 24, 2023
Widespread climate shocks, from heatwaves and droughts to hurricanes and coastal flooding, affect nations across all income levels, with profound implications for economic growth and human welfare. With the continued rise in average temperatures and prospects of even more severe events going forward...
WORKING PAPERS
October 24, 2023
Climate change is a systemic risk to the global economy. While there is a large body of literature documenting the potential economic consequences of climate change, there is relatively little research on the link between vulnerabilities to climate change, the buildup of climate debt by countries wi...
CGD NOTES
September 25, 2023
More than 190 countries have pledged under the 2015 Paris Agreement to reduce carbon emissions, including from fossil fuel consumption, by 2030 to avoid the negative effects of rising global temperatures. However, there is a large gap between what countries have committed to do and what needs to be ...