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CGD Policy Blogs

 

MCC’s Board Discusses Climate Change: Here’s Why it Matters

MCC has long applied rigorous environmental safeguards and standards to its investments in partner countries.  And since President Obama’s September 2014 Executive Order on Climate-Resilient International Development, MCC (along with other key USG foreign assistance agencies) has been expanding  its efforts to ensure that it considers climate change risk—and, where possible, mechanisms for adaptation—in investment planning and execution

Biofuel Subsidies: Bad Policies, Bad Examples for Development

If you haven’t been following debates on biofuels recently, you’ve been missing a lot of excitement.  Fortunately, a timely new CGD Working Paper by my colleague Kim Elliott provides a primer for how to think about these debates through the lens of development.  The bottom line is that biofuel subsidies in rich countries are bad for development by increasing the costs of food and driving tropical deforestation even while failing to reduce t