CGD in the News

Devex Newswire: Is Zimbabwe walking into a major foreign aid misstep?

May 10, 2023

As we reported last year, blended finance for climate projects has declined by 60%, as public sector capital has not really managed to galvanize private sector investment. And just this week, Charles Kenny of the Center for Global Development wrote about the massive, insurmountable hurdles for African nations to attract private capital for solar projects.