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Blog Post
March 21, 2024
Many developing countries are facing an impossible situation. With the impact of cascading crises, the gulf between their financing needs and the resources available to them is widening. The combination of elevated interest rates, weakening currencies and low credit ratings are excluding them from c...
POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
Blog Post
January 23, 2024
Over the coming decades, the world must decarbonise at an unprecedented speed. Yet deploying ‘green’ technologies cannot be done without a sufficiently sized and adequately skilled workforce. New research from the Center for Global Development (CGD) suggests that workforce gaps pose a significant bo...
POLICY PAPERS
January 23, 2024
If green transition targets are to be met, migration is likely to be needed as a complement to domestic training and reskilling. Given that the shortage of green-skilled workers is global, however, migration must be accompanied by support for training and retaining workers at home.
Blog Post
December 14, 2023
The US labor market has changed a lot since 1991, but the federal list of shortage occupations, which impacts employers and immigrant workers alike, has not. Now, for the first time in decades, the US Department of Labor (DOL) will soon be seeking information on how the Schedule A shortage occupatio...
Blog Post
November 15, 2023
On 1st October, the EU soft launched its Carbon Border Adjustment Mechanism (CBAM), which aims to help avoid “carbon leakage”, where companies move their production to country with less stringent climate policies. Reporting requirements will start from 2024 and full charges will come into effect in ...
SPEECHES
November 02, 2023
On October 30, 2023, CGD senior fellow Charles Kenny delivered remarks at the Oxford Martin School, where he is a visiting fellow. His speech, “The future of global development and implications for aid,” focused on global economic change and its impact on the development prospects of low- and middle...
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2023
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October 18, 2023
On October 1st, the 3-year transition period of the EU CBAM Regulation will begin. Starting in 2026, importers of certain carbon-intensive goods will be required to pay the EU carbon price for emissions embedded in these goods. Applied for iron and steel, cement, fertilizers, aluminium, electricity,...