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Blog Post
December 12, 2022
Debt and climate change are defining challenges for many countries in Africa. Governments across the continent are seeing their debt burdens mount—some to unsustainable levels—as they race to mobilize resources to adapt and respond to the increasingly severe climate crisis.
Blog Post
November 07, 2022
Last month, I spent an enjoyable if fractious couple of days in Vienna, taking part in a meeting of the UN Office of Drugs and Crime 2nd Task Force on the Measurement of Corruption. The task force is meant to help the office “define and refine methodologies for measuring corruption and to formulate ...
Blog Post
July 05, 2022
DFC has been the subject of a growing list of proposals from lawmakers that envision the agency tackling a wider range of challenges than initially envisioned. The agency may find ways to leverage this heightened interest. However, delivering on the bipartisan, foundational vision for DFC amid evolv...
Blog Post
June 13, 2022
This week, the House Foreign Affairs Committee turns its attention to the resourcing needs of the Millennium Challenge Corporation and US International Development Finance Corporation—two agencies that fill distinct functions within the US development architecture. We’ll be listening for lawmakers’ ...
Blog Post
May 04, 2022
The US government wants to fund as many new clean energy projects in Africa as possible, but the pool of bankable utility-scale generation projects is running dry. In 2021, the DFC approved none. To accelerate Africa’s energy transition and scale its clean energy markets, the US needs to focus far m...
Blog Post
March 18, 2022
Nearly six months into the fiscal year, Congress finally delivered an FY22 spending bill last week. But even after stalled negotiations prompted worries that lawmakers would be unable to reach a deal at all, the final measure is something of a disappointment—failing to deliver sufficient resources t...
Blog Post
March 03, 2022
The US Development Finance Corporation (DFC) works to spur private investment in support of foreign policy and development goals. The DFC opened its doors in January 2020, built on the foundations of the former Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority. ...
Blog Post
June 26, 2017
A year ago, I requested comments on a draft manuscript about corruption. Last week, we launched the resulting book: Results Not Receipts: Counting the Right Things in Aid and Corruption. I think the text was considerably improved by the comments process (and I hope the commenters agre...