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Blog Post
February 07, 2022
At the UN General Assembly last fall, President Biden pledged to increase US support for international climate efforts to $11 billion annually, representing a quadrupling of funding from current levels. Beyond the political challenges of delivering on this commitment, there are important questions a...
POLICY PAPERS
February 07, 2022
Sovereign bond guarantees (SBGs) are an effective but underutilized instrument available to the US government in support of developing country partners. By protecting bond purchasers in the event of a foreign issuer country’s default, SBGs substantially reduce borrowing costs for developing country ...
POLICY PAPERS
January 20, 2022
This paper discusses three potential requirements for country platforms to facilitate effective delivery of GPGs. We propose that existing country platforms be repurposed to coordinate the contribution of domestic and external stakeholders to GPG delivery efforts at the country level. For this propo...
Blog Post
January 20, 2022
Ongoing and looming global crises such as the COVID-19 pandemic and climate change have brought renewed attention to the delivery of global public goods (GPGs)—goods that benefit the entire world and can only be provided through cooperation between countries, like public health, climate action, and ...
Blog Post
January 18, 2022
When the pandemic first struck, dealing with excessive debt and debt service burdens of developing countries figured prominently on the international response agenda. The G20 produced the Debt Service Suspension Initiative (DSSI)—a program to defer official debt service due by mostly low-income coun...
Blog Post
January 07, 2022
In 2022, discussions will continue about the role that development finance has in both reducing energy poverty in poorer countries, and tackling climate change. At COP26 there was lots of hand-wringing by rich countries about the extent to which aid (ODA) and other development finance should finance...
Blog Post
December 22, 2021
In the fifth installment of the Future of Development series, which brings together experts to discuss the big questions facing developing countries over the next decade, Leonard Wantchekon and Sarah Khan took on the role of politics in development (and vice versa), exploring how political distortio...