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POLICY PAPERS
March 14, 2023
The climate financial intermediary funds (FIFs) are one of the largest sources of grant and concessional finance for climate, especially for middle-income countries, but there are significant challenges at the systemic level and differing performance across FIFs. We recommend consolidating funds in ...
Blog Post
March 14, 2023
The World Bank’s Evolution Roadmap suggests the institution could provide more grants and subsidies to activities that support the provision of global public goods (GPGs), particularly in richer developing countries. Provision of those public goods is surely a priority: avoiding future pandemics and...
Blog Post
March 14, 2023
On Wednesday March 8, the Center for Global Development hosted an event with Andrew Mitchell, Minister of State for Development and Africa of the United Kingdom, as part of our series of conversations and work on the future of development. The Minister spoke about the role the UK is playing today, t...
CGD NOTES
March 09, 2023
High-income countries trying to reach net-zero targets are confronting the fact that existing environmental regulations make it harder to build low-carbon infrastructure. Lobbying groups in the US, for example, are using regulatory tools to block geothermal, solar, and wind facilities. Providing sub...
Blog Post
February 23, 2023
Last month, the World Bank released an “evolution roadmap” proposing to do more on climate change in low- and middle-income countries. It is a global challenge that will have a disproportionate impact on the world’s poorest countries. But it is also important to listen to the Bank’s clients, especia...
Blog Post
February 13, 2023
The World Bank Group Evolution Roadmap makes three financing asks of donors and shareholders: capital for IBRD, continued support for IDA, and grants to support climate projects. I think donors and shareholders should support a capital increase and strengthen commitments to IDA. But they should not ...
Blog Post
February 07, 2023
President Biden is scheduled to deliver his second State of the Union address tonight. Historically, these speeches have focused on domestic policy and leading national security issues, yielding limited airtime for international development. But, on occasion, past presidents of both parties have spo...
CGD NOTES
February 07, 2023
It is well understood that the same amount of aid makes a bigger difference to peoples’ lives when their incomes are lower. And Development Minister Andrew Mitchell has rightly emphasised a “focus on the poorest and most vulnerable” in the UK’s development activities. With significant cuts to the UK...