A young French leader not bound to the policies and programs of the established parties—even in the event of a coalition government with other parties—presents a real opportunity, which includes deepening France’s commitment to international development.
CGD Policy Blogs
Each year, as ministers gather from all corners of the world for the World Bank/IMF Spring Meetings, Washington DC resounds with a cacophony of differing perspectives on future prospects, like a giant, multinational orchestra tuning up. Yet this time, in both public and private gatherings, with both developed and developing country dignitaries, as well as leading technocrats from the international financial institutions, one refrain kept recurring, defining the mood of the whole symphony. I would summarize it as 'The numbers are looking better, so why don't I feel good about them?'
The African Development Bank recently turned 50. In that time it's made more than 4,000 grants and loans, totaling more than $71 billion. So what might its next half-century look like? Bank President Dr. Akinwumi Adesina joins me on this week's podcast to share his vision for Africa's future.
How can the world find realistic, workable solutions to bridge the divide between humanitarian response and development assistance? This question was front and center at a high-level discussion, co-hosted by CGD and the International Rescue Committee (IRC), in the run up to last week’s Spring Meetings. The event marked the launch of a new CGD-IRC report, which puts forth one emerging solution to the refugee crisis—compact agreements between host governments and development and humanitarian actors. The discussion featured three global leaders on the frontline of today’s displacement challenge: Jordan’s Minister of Planning and International Cooperation Imad Fakhoury, World Bank CEO Kristalina Georgieva, and IRC President and CEO David Miliband. Here are three takeaways.
After months of speculation inside the foreign aid community, President Trump’s vision for development assistance is coming into clearer focus. Foreign Policy this week published a leaked copy of an Administration planning document on the FY2018 foreign aid budget request. The bottom line: less aid, done less effectively. Here are a few major takeaways from the document.
The Administration’s proposed skinny budget zeroes out the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution (DFI). There are multiple reasons why shuttering OPIC would cost US taxpayers, hurt American businesses, and harm markets abroad. Here’s another reason to like OPIC: it’s one of the most publicly accountable DFIs out there.
Last year more than 83 million people in low and middle income countries were affected by natural disasters. We may not know when or where the next disaster will strike, but we know it will. So why do we still treat disasters like surprises? A new CGD report urges a different approach: make disasters predictable, using the principles and practices of insurance. Hear from four members of the working group in this week's podcast.
There is one intervention omitted from Ivanka and Jim’s must-do list: access to family planning as a pre-requisite and enabler of women’s economic empowerment.
On May 7, French voters will elect their new president—right-wing candidate Marine Le Pen or centrist Emmanuel Macron. France is a leader in development-friendly policies—currently ranking fourth on CGD’s Commitment to Development Index (CDI) and the highest ranking G7 country. So what will France’s choice mean for international development?
The international forest and climate communities have placed high hopes on the potential for compliance carbon markets to generate funding to reduce tropical deforestation through international forest offsets. At a meeting last week in San Francisco on “Navigating the American Carbon World” (NACW) it seemed as if these hopes are likely to be dashed. Or at least not realized in time to save the vast tropical forests in time for them to play a significant role in combatting dangerous climate change.