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Blog Post
January 11, 2023
At the Annual meetings of the World Bank and IMF last year, shareholders asked the World Bank to come up with a set of proposals to evolve a larger role in climate and other global public goods. The Bank’s first response came pretty quick: by mid December, only a couple of months after the request, ...
Blog Post
January 10, 2023
At COP27 last November, the parties agreed to provide “loss and damage” funding for vulnerable countries hit hard by climate disasters. Governments also agreed to establish a “transitional committee” to make recommendations on how to operationalize both the new funding arrangements and the fund at C...
Blog Post
December 14, 2022
In this blog, we briefly summarise six worrying trends in how climate finance is being spent, and recommend the GPEDC set up a working group on climate finance, alongside three other recommendations for policy-makers at bilateral and multilateral development agencies; as well as those working on the...
Blog Post
December 13, 2022
In this bonus episode of Lagos to Mombasa, Gyude invites two experts who were on the ground in Sharm El Sheikh for COP27—the UN’s annual conference on climate—to report back with their observations and takeaways: Faten Aggad of the African Climate Foundation and Ian Mitchell of CGD. Together they di...
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
December 09, 2022
With climate change already affecting the lives and livelihoods of millions of people around the world, the need for a coordinated global response has never been more urgent. But to mobilize the huge sums required to finance the investments we need to ensure a climate-resilient future, the world mus...
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...