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Blog Post
November 25, 2022
COP27, just concluded in Sharm El-Sheikh, was dubbed the ‘implementation COP’ by its Egyptian hosts. But it’s very difficult to implement without workers. The COP27 agreement emphasises that a “just and equitable transition” must include “workforce and other dimensions.” This short, vague language c...
Blog Post
November 23, 2022
Living up to the challenge of limiting global temperature rise to 1.5°C, especially after meagre emission reduction outcomes at COP 27, will not only require much more finance but also much more effective climate finance—from both the public and private sectors. The world will need to develop new te...
POLICY PAPERS
November 23, 2022
Pull financing is an underutilized tool that can drive the development and adoption of critical technologies necessary to address the globe’s climate crisis. This paper provides tangible examples by presenting two case studies that illustrate how pull climate finance can be used to deliver urgently ...
WORKING PAPERS
November 17, 2022
The large divergence in the returns of top-performing star firms and the rest of the economy is substantially reduced when we account for the mismeasurement of intangible capital. Star firms produce and invest more per dollar of invested capital, have more valuable innovations as measured by the mar...
CGD NOTES
November 16, 2022
Inflation has become a central feature of the global economy. In Latin America (aside from idiosyncratic cases such as Argentina and Venezuela, where high inflation rates have long been the norm), inflation began to rise the first half of 2021, at the same time it did in the US. The fact that risin...
POLICY PAPERS
November 03, 2022
Pull financing is a powerful but underused mechanism for incentivising progress on hard-to-tackle social problems for which innovation or the take-up of innovation may be part of the solution. It should become part of the ongoing landscape for climate and development work. This paper sets out the sp...
Blog Post
November 03, 2022
In a new paper, we set out the case for using pull financing to solve problems that affect both development and climate outcomes by incentivising transformational change through technical innovation or massive-scale production and distribution of existing technologies. However, one big question our ...
Blog Post
November 03, 2022
Pull financing is a powerful but underused mechanism for incentivising progress on hard-to-tackle social problems for which innovation or the take up of innovation may be part of the solution. In a new paper, published today, we argue that pull financing can play an important role in the generation ...
Blog Post
September 06, 2022
Across Africa, every country has designed its energy mix to include a transition away from fossil fuels. How the different regions of the world contribute to a climate solution will become progressively more fraught given that culpability for the crisis is differentiated. Because African countries’ ...