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Blog Post
December 06, 2021
The use of foreign aid to support poor countries with inadequate implementation capacity and weak regulatory institutions has at times, been described as “pouring money into a leaky bucket.” Given that there is seldom a quick fix for inadequate state capacity, aid programs can employ internal contro...
Blog Post
November 30, 2021
Back in August, President Biden nominated Scott Nathan to serve as CEO of the US International Development Finance Corporation (DFC). This week, Nathan will finally have the chance to share his vision for the still-relatively-new agency before the Senate Foreign Relations Committee. Ahead of to...
Blog Post
November 29, 2021
While hopes for mobilizing private finance for climate response were boosted by the investment firms managing a collective $130 trillion who signed onto net zero pledges at the COP, actually getting the private trillions to move south remains a huge challenge. And two leading proposals point to the ...
Blog Post
November 23, 2021
The fact is $100 billion a year is woefully insufficient to cover the cost of climate change adaptation, let alone financing clean energy transitions across the developing world. The adaptation price tag alone could reach $300 billion a year by 2030. According to the IEA, the cost of financing clean...
Blog Post
November 23, 2021
Despite criticism of the “Billions to Trillions” action plan, we know that catalyzing much larger volumes of private finance for investments related to the Sustainable Development Goals (SDGs) remains the only viable avenue for achieving the scale needed in developing countries, given very real cons...
Blog Post
November 23, 2021
CGD's Masood Ahmed speaks with Sida's Carin Jämtin and MCC's Alexia Latortue about their takeaways from the 2021 Development Leaders Conference, including the tensions between national and global challenges, how development agency leaders can address them, and what these decisions might mean for age...
Blog Post
November 18, 2021
In a new report, we rely on public reporting from multilateral development institutions and funds to provide a clearer picture of China’s participation across the multilateral development system. We find that China has staked out a uniquely important position, one that relies on leading roles as a s...
Blog Post
November 12, 2021
The UK made the largest absolute contribution in the last replenishment of the World Bank’s International Development Association (IDA), the bank’s main instrument for assisting the world’s poorest countries.
As the World Bank mobilizes for the IDA replenishment next month, we take an analytical ...
Blog Post
October 27, 2021
In two new papers published today, we document some uncomfortable facts about how official development assistance (ODA) is distributed across countries at different income levels and levels of poverty—even among members of the OECD’s Development Assistance Committee (DAC), and how poorly informed se...
Blog Post
October 26, 2021
Africa’s informal sector remains the largest in the world. According to the International Labor Organization, it claims almost 90 percent of the economy in sub-Saharan Africa and about two-thirds in North Africa (although there is significant heterogeneity in its size across countries).