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Blog Post
October 29, 2021
The UK government has announced that it anticipates a return to spending 0.7 percent of gross national income (GNI) on official development assistance (ODA) in three years’ time. It is confident enough in this that the just-published Spending Review, which sets departmental budgets up to the 2024/25...
Blog Post
October 25, 2021
Global development leadership is faltering, yet remains necessary for advancing an equitable recovery from the COVID-19 pandemic, tackling global challenges, and driving progress towards the sustainable development agenda. We suggest that as traditional forums for leadership fail to make progre...
Blog Post
October 19, 2021
With COP26 only weeks away, policymakers around the world are focusing renewed attention on the climate crisis—and the US Congress is no exception. An upcoming House Foreign Affairs hearing, convened jointly by the Subcommittee on International Development, International Organizations, and Global Co...
CGD NOTES
October 12, 2021
The phrase “giving with one hand while taking with the other” has rarely been more appropriate than in examining the UK’s recent approach to the aid budget. Under current plans, by increasing its contributions to the IMF’s concessional lending pot, the UK will actually reduce the amount of aid avail...
Blog Post
October 12, 2021
The phrase “giving with one hand while taking with the other” has never been more apt than when applied to the UK’s recent approach to aid.
Under current plans, the UK will intentionally reduce the total amount of aid it makes available to developing countries by increasing its contributions to a...
Blog Post
October 07, 2021
The US International Development Finance Corporation (DFC) has been operating for less than two years, and already some lawmakers are keen to expand its mandate. On the one hand, it’s good to see such appreciation for the tools of development finance. On the other, we share deep misgivings about pro...
Blog Post
September 27, 2021
The debate over whether development finance should be allowed for downstream gas projects appears to be settling toward a compromise that makes such investments rare but not impossible. But will it be so in practice? Lessons from a previous (eerily similar) compromise suggest that any flexibili...
Blog Post
September 27, 2021
There are a plausible set of circumstances under which the UK’s status as a serious bilateral donor would be under existential threat. They would take the Foreign, Commonwealth & Development Office (FCDO) from having slightly more than £8 billion in 2019 over which it has full flexibility to spe...
Blog Post
September 21, 2021
The new foreign secretary, Liz Truss, will meet with the chancellor in the coming weeks to determine her department’s budget over the coming three years. If the chancellor maintains his current stance on counting aid spend even where it has no fiscal cost, and also treating the aid target as a ...