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Blog Post
November 17, 2015
The Latin American Shadow Regulatory Committee, known as CLAAF for its Spanish acronym, warns today in its biannual statement that despite positive policies and safeguards, the region is facing external and local risks that could affect its economic and financial outlook.
Blog Post
November 02, 2015
California is looking to tropical forests to help slow climate change. After years of delays, the California Air Resources Board (ARB) appears to finally be moving ahead with plans to finance tropical forest protection through “sectoral offsets” to its cap-and-trade program, in which Cal...
Blog Post
October 23, 2015
When Indonesian President Joko Widodo (“Jokowi”) meets with President Obama on October 26, climate change will certainly be on the agenda, with the Paris 2015 summit only a month away. Obama should use the opportunity to praise and offer support for the steps Jokowi announced earlier tod...
Blog Post
October 22, 2015
After Nancy Birdsall wrote from Lima last week that she’d been (happily) surprised to see microeconomic issues atop the agenda at the normally macro-heavy World Bank/IMF meetings, I now offer an alternative perspective from the meetings in the Peruvian capital: financial in...
Blog Post
October 19, 2015
If you want a simple explanation of why climate change is a development issue, Juliana Santiago can provide it. The head of the Amazon Fund department at Brazil’s national development bank BNDES tells me “we identified that our economy was dependent on the maintenance of the forest,&rdqu...
REPORTS
October 14, 2015
Protecting tropical forests is good for the global climate and good for development in forested countries. In the absence of robust carbon markets, performance-based funding to reduce emissions from deforestation is a key way donors can provide the incentives and commitment tropical countries need t...
Multimedia
October 14, 2015
The domestic emissions cuts that countries are expected to pledge
unilaterally by the time of the Paris Agreement will not deliver the
emission reductions needed through 2030 to avoid catastrophic
impacts of climate change. In the most optimistic scenario, we can
get about halfway there.
Blog Post
September 01, 2015
No one said creating development impact bonds (DIB) was going to be easy, but that hasn’t stopped the development community from trying to get them off the ground. The Fred Hollows Foundation, based in Australia, has been hard at work on a DIB to address cataract blindness in Af...
Blog Post
August 25, 2015
Unless the world acts to reduce deforestation, an area the size of India will be cleared by 2050. That is the stark finding of a new CGD paper by Jonah Busch and Jens Engleman. The amount of carbon dioxide emitted by that level of destruction is equivalent to “running 44,000 American coal-fire...