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Blog Post
December 19, 2022
One in five people on the planet live in countries at risk of debt distress. Yet the leaders and institutions that understand the challenge and could address it are instead virtue signaling and pointing the finger at others who share responsibly for a solution. We need a different approach—one that ...
Oct
13
3:30—5:30 PM Eastern Time (US and Canada)
October 07, 2022
The international finance system is overwhelming creditor centric and is not considerate of the borrower’s needs. Creditors are often organised through “club” or “committees”, such as the Paris Club, which exclude the Borrower from negotiations. Subsequently, there is an urgent need to increase Borr...
Blog Post
August 11, 2022
Ahead of COP27, which will take place in Egypt in November 2022, CGD hosted an event that aimed to identify the challenges of mobilizing private finance for climate action in Africa as well as the opportunities and policies needed to overcome them. From the rich discussions, we have summarized a ran...
Blog Post
June 30, 2022
Improving the effectiveness and traction of IMF surveillance could enable timely responses to climate-related crises. Overseeing the international monetary system and the policies of its member countries—an activity known as “surveillance”—is a key function the IMF performs to promote global economi...
POLICY PAPERS
June 30, 2022
Evidence suggests that Africa is the most vulnerable continent to climate change. While African countries contribute relatively little to global emissions, they remain significantly vulnerable to the devastating economic effects of this phenomenon. This paper reviews IMF activities and explores how ...