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Three Reasons the Spring Meetings Remained Glum—Despite Better Global Economic News

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?'

Bridging the Humanitarian-Development Divide: Three Priorities from Three Global Leaders

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.

Our First Peek at Trump’s Aid Budget: Big Changes, but Will Congress Play Along?

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.

How to Make Disasters Predictable – CGD Podcast

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. 

Clouds on the Horizon for International Forest Offsets? It’s Complicated.

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.

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