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Blog Post
March 14, 2023
Climate financial intermediary funds (FIFs) represent one of the largest sources of multilateral grant and other concessional finance for climate, including for middle-income countries (MICs). Together, they have received more than $50 billion in cumulative grant funds from donors. They have collect...
Blog Post
March 09, 2023
Dana Hyde showed tremendous leadership and wisdom as the fourth head of the Millennium Challenge Corporation (MCC), serving for nearly three years during President Obama’s second term. These brief notes on her leadership are our way of providing a tribute to her major contributions to MCC’s effectiv...
Blog Post
February 07, 2023
President Biden is scheduled to deliver his second State of the Union address tonight. Historically, these speeches have focused on domestic policy and leading national security issues, yielding limited airtime for international development. But, on occasion, past presidents of both parties have spo...
Blog Post
January 10, 2023
Ahead of the holiday break, US lawmakers reached agreement on a final FY2023 spending deal. After months of stalled negotiations, an omnibus appropriations package was far from guaranteed. But concerns about the consequences of a long-term continuing resolution—and the prospect of adding a major tas...
Blog Post
December 13, 2022
A new bipartisan bill, introduced by Representatives Joaquin Castro (D-TX) and Young Kim (R-CA), looks to advance innovation in US development policy, embracing a definition of innovation that captures both technological advancements and novel approaches to development programming.
Blog Post
December 12, 2022
Debt and climate change are defining challenges for many countries in Africa. Governments across the continent are seeing their debt burdens mount—some to unsustainable levels—as they race to mobilize resources to adapt and respond to the increasingly severe climate crisis.