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Blog Post
December 14, 2022
As African and US Leaders meet in the Washington Summit this week, we decided to ask the leader of a key agency, with a long track record on the continent, how it is contributing to more effective and expanded US engagement. We asked Millennium Challenge Corporation (MCC) CEO Alice Albright a series...
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...
Blog Post
August 25, 2022
The existing MCC income cutoff is based on the robust principle that the best buys in global development are concentrated in the world’s poorest countries. (Indeed, when the Corporation started, it only worked in low-income countries for that reason). There is a declining marginal utility of a dolla...
Blog Post
July 25, 2022
Few would question that building productive infrastructure has to be at the center of development goals, energy access, food security, and combatting and adapting to climate change. We just saw G7 countries make a bold commitment to infrastructure, launching the Partnership for Global Infrastructure...