Ideas to Action:

Independent research for global prosperity

CGD Policy Blogs

 

Opportunity Knocks: Paying for Results at the Green Climate Fund

The Green Climate Fund (GCF) is the newest funding source to address climate change in developing countries. With $10 billion in pledges – and $5 billion committed to mitigation – the GCF is at a critical juncture because its Board is considering the rules and protocols it will follow when it pays for results. We believe the GCF can learn a lot from existing results-based aid agreements and the state of REDD+ finance (summarized in the forthcoming report of a CGD Working Group) which demonstrate the strengths and weaknesses of pay for results approaches.

A Global Prosperity Agenda for the 2016 Election – The White House and the World

What does the 2016 election mean for America’s future position in the world?  It’s likely too early to tell at this stage of the campaign cycle.  Many of the early Republican contenders — such as Jeb Bush and Scott Walker — have been relatively quiet on foreign policy issues or have focused almost exclusively on Iran, Israel, and Russia.  That’s to be expected at this point.  Yet, other candidates — like Marco Rubio and Lindsey Graham — are already outlining a more comprehensive vision for advancing American interests.

India’s Big Climate Move

India just did something big for the climate: it announced that it will allocate $6 billion a year in tax revenue in a way that will encourage forest conservation. That’s more results-based finance for forest conservation than any other country in the world, including the current biggest spender Norway. 

My Ten Development Policy Wishes for 2015

Here are my wishes for commitments that countries could make at each of three big development-relevant international events in the next 12 months. I find it harder than ever to make such a list this year; global cooperation is becoming harder than ever to manage. With the rise of China and other emerging markets, cooperation in what is now a multipolar system is more necessary than it has been in decades, but more and more elusive. That puts a premium on strengthening the world’s international institutions and on—yes—UN and other international conferences and convenings and conversations in search of a global consensus on norms, programs, actions, and goals