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Blog Post
March 16, 2021
Since taking office, the Biden Administration has taken several steps to address the climate crisis and plans to do more on the international stage. This trend will be in line with an earlier move by the European Union to “stop funding oil, gas, and coal projects at the end of 2021, cutting €2bn (£1...
Blog Post
March 08, 2021
As the virus spread and shut down life as we know it, global response became increasingly tainted by provincialism. From seizing masks and medical supplies en route to other countries to preventing vaccine exports, the world’s richest countries turned inward and neglected the global response effort....
Op-Ed
March 04, 2021
After four years of inaction, the Biden administration faces a more daunting climate crisis than ever. Special Envoy John Kerry said the administration wants “to develop a U.S. climate finance plan, as well as a plan for ending international financing of fossil fuel projects with public money.” This...
Op-Ed
March 01, 2021
Since the International Monetary Fund already has the ability to inject liquidity into the global economy through its reserve asset, special drawing rights, it is understandable that many would advocate the use of this mechanism to help struggling developing economies. But in their current form, SDR...
Feb
22
2021
4:00—4:00 PM GMT
February 18, 2021
The pandemic and the resulting collapse in economic activity have significantly increased the risk of debt distress in many countries, especially the poorest ones. A number of initiatives, notably the G20 debt relief for the world’s poorest countries, have been unveiled to avert instances where serv...
Blog Post
February 03, 2021
On January 25, the African Center for Economic Transformation (ACET) and CGD convened a panel of seven experts, including from government, the private sector, and financing partners, to discuss the potential for increasing DRM in the aftermath of the COVID-19 health and economic crises.
Blog Post
December 21, 2020
The current state of migration cooperation between Africa and Europe is far from this ideal. True partnerships should focus on promoting economic opportunity in countries of origin and expanding legal pathways, both from Africa to Europe and within the continent. Currently, African governments are l...