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CGD NOTES
December 04, 2023
On November 9, 2023, Australia and Tuvalu signed an unprecedented cooperation agreement. It offers 280 Tuvaluans—2.5 percent of the islands’ population—permanent residency in Australia each year. The agreement, which stems from a recognition that Tuvalu’s long-term future is endangered by climate ch...
CGD NOTES
November 17, 2023
Breaking barriers to climate financing requires bold interventions at a systemic level. The goal should be a just and equitable climate transition that spans across Africa; not one that is restricted to just a handful of countries deemed "investable." Achieving this transformative agenda requires co...
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 ...
CGD NOTES
July 25, 2023
The principle of a “just transition” is anchored in the 2015 Paris Agreement. But only in recent years has the principle been fully recognized as an enabler and accelerator of power decarbonization efforts by integrating measures that aim to mitigate the direct, indirect, and induced adverse impacts...
CGD NOTES
June 22, 2023
So far, most of the focus in Indonesia’s JETP has been on efforts to reduce the supply of carbon-intensive power by refinancing coal-fired power plants to retire them early and replace them with renewables. But this strategy alone may not deliver the speed and scale of the transition required. Decar...
CGD NOTES
November 02, 2022
At last year’s United Nations Conference on Climate Change (COP26), 141 leaders committed to halt and reverse forest loss and degradation by 2030. Forests, particularly tropical ones, are known to play a crucial role in removing carbon from the atmosphere, partially offsetting the effect of greenhou...
CGD NOTES
November 02, 2022
Climate change is a worldwide and potentially centuries-long event, but it is precipitating thousands of local and short-term crises that demand response. That means it is urgent to move away from thinking about climate change as “distant and unimportant” or “distant and universally existential” tow...
CGD NOTES
April 22, 2022
There is no shortage of investable capital in the global economy. However, while the opportunities exist for investment and while funds are available, few projects actually reach financial close. The basic premise of this note is that although technical assistance (TA) for project preparation, manag...
CGD NOTES
February 24, 2022
The worldwide shock inflicted by COVID-19 had the making of a “perfect crisis:” the kind that should not be wasted. Indeed, it could serve as an opportunity to initiate major reforms. Unfortunately, Pakistan, like virtually all other countries, has permitted the opportunity to go waste. Pakistan may...
CGD NOTES
February 15, 2022
While countries face daunting political challenges in the race against time to fulfill the climate pledges made at COP26 in Glasgow, some policy initiatives are easier than others. Cutting methane emissions by reducing wasteful flaring of natural gas stands out as an immediate political opportunity ...