Ideas to action: independent research for global prosperity
What Can We Learn from the DFC’s 2021 Energy Project Approvals?
March 03, 2022
The US Development Finance Corporation (DFC) works to spur private investment in support of foreign policy and development goals. The DFC opened its doors in January 2020, built on the foundations of the former Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority. ...
CGD in the News
Policy expert explains the most concerning part of coronavirus outbreak in US (Squawk Box)
March 12, 2020
Guyana’s Oil Boom: 2 Steps Down, 4 to Go
March 27, 2019
ExxonMobil announced the discovery of two more massive oil fields off the coast of Guyana last month. If back-of-the-envelope estimates of around $5 billion of oil revenue per year are correct, that equates to around $6,410 USD per person—far more than the current GDP per c...
Are We Learning the Right Energy Lesson from Mobile Phones? The Energy Iceberg Says No
November 13, 2018
Mobile phones provide a useful insight for energy: not that you can leapfrog a modern power system, but that most energy use happens out of sight. In fact, less than 1% of the energy needed for a smartphone is used by the phone.
Energy Access Isn’t the End of the Story: New Evidence of Electricity Demand in Kenya
July 31, 2018
Eighteen months ago, we blogged here about Kenya’s superfast electricity connection rate. The country had grown from 27 percent to 55 percent access in just three years, putting themselves on a fast-track toward near universal access by 2020. While this lightning progress was exciting, ne...