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Op-Ed
December 06, 2021
Excuses easily come out of the human mouth. Let us please transfer all the energy spent on the manufacturing of excuses to create ideas for how we’ll get vaccines to Africa. If Africa can’t get the vaccines it needs, perhaps Africa should take a play from the Indonesian playbook during the 2007 avia...
Blog Post
December 02, 2021
Many countries around the world have punished most of the African continent for the scientific discovery of the Omicron variant through the imposition of travel bans. These travel bans are more injury upon the injury of low vaccination in Africa. Even well-intentioned rallying phrases such as “vacci...
CGD NOTES
November 30, 2021
The pandemic and its economic impact have been a revealing test of the multilateral development bank (MDB) system and of individual MDBs. Although lending by the MDBs as a group rose significantly in 2020 (39 percent), this is much less than the rise in MDB lending in response to the Global Financia...
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...
Nov
22
2021
9:30—11:00 AM Eastern Time (US and Canada)
November 15, 2021
The Center for Global Development and the African Center for Economic Transformation are hosting a public event on the recently reformed policies governing the use of the Poverty Reduction and Growth Trust (PRGT). With the world’s attention this summer on the allocation and recycling of SDRs, these ...
Blog Post
November 10, 2021
Last Friday, the Government of Belize alongside the U.S. Development Finance Corporation (DFC) and the Nature Conservancy (TNC) announced the financial close of the largest blue bond for Ocean Conservation to date. The program enables Belize to convert its existing Eurobond (i.e. foreign currency bo...
CGD NOTES
November 01, 2021
After more than a year of grappling with the economic effects of the COVID-19 pandemic, many middle-income countries (MICs) will continue to experience health and economic dislocation for some time to come. While much of the global financial community’s attention has focused on supporting low-income...