CGD Policy Blogs




How Transparent Are Development Finance Institutions?

Foreign assistance has come a long way in becoming much more transparent.  The idea, pushed by campaigns like Publish What You Fund and embodied in the International Aid Transparency Initiative, is that being more open about concessional aid will lead to less waste and more accountability. So what about non-concessional development finance? As the importance of development finance institutions (DFIs) grows, how transparent are they?

A Win for India is a Win for the World: Why the United States Needs to Help India Clean up Its Coal

The Obama Administration has left an indelible impact on domestic energy policy and global climate policy. Policies driving technological innovation—in what critics have dubbed the “war on coal”—are helping the United States transition its energy system to one that is cleaner and more efficient. While the administration touts the growth of clean energy deployment in the United States at international fora, it should not limit its engagement with foreign countries on fossil energy—especially when the climate gains could be large. 

Attn: Presidential Transition Teams – 3 Big Ideas and 3 Smart Reforms for US Development Policy

Global development isn't exactly a campaign issue. But we at CGD hope it's a policy area both presidential transition teams are taking very seriously. The next US president will need to confront and prevent crises where our development and humanitarian assistance is a far more useful (and less expensive) response than guns and bombs. To that end, led by Scott Morris, we at the CGD Rethinking US Development Policy program put together a short memo to the transition teams.

Finding Up-to-Date Median Income Data Just Got Much Easier (Thanks, PovcalNet!)

We have long advocated for more widespread use of median income or median consumption to compare individuals’ material well-being between countries and its development over time, and we are happy to report that the World Bank team that manages the (impressive) PovcalNet database has come through: as of October 1, the median monthly per capita income or consumption for each country is now part of the standard indicators displayed for any country query on PovcalNet.

Girl Summit DC: Keeping Promises through Policy Research

The third annual Girl Summit DC—taking place this week and co-hosted by CGD, IWHC, Girls Not Brides USA, Population Council, the International Center for Research on Women, and CARE—will be an opportunity to push for more research in specific policy areas, including how to address harmful cultural norms and practices facing girls. Traditions that impact girls in the formative years of their lives is the focus of research at CGD by Joyce Banda, former president of Malawi and now a distinguished visiting fellow at the Center. President Banda will be speaking about the need to better understand some of these widespread practices.

Grading the Airlines’ Climate Agreement: Historic Steps, Missed Opportunities

In a historic climate agreement last Thursday, countries and airlines gathered at the triennial assembly of the International Civil Aviation Organization (ICAO) in Montreal committed to “carbon neutral growth” in international flights between more than 60 countries after 2021. This means that after airlines flying those international routes cut greenhouse gas emissions within their operations, they would need to offset any residual increase in their emissions by purchasing credits for emission reductions made in other sectors. The ICAO agreement is a mixed bag—it makes some historic steps and defers some important decisions to later, but is also a missed opportunity when it comes to carbon pricing.