Commentary

The IMF’s Resilience and Sustainability Facility (RSF), which provides financing for climate change mitigation and adaptation, has been in operation for two years. In this piece, we review whether the RSF is achieving impactful reforms.

Just how bad is the debt crisis in developing countries? We know that it’s bad—most African countries are currently spending more on repayments than on health or education. But we don’t know exactly how bad because some lending is never actually made public. There may be as much as $1 trillion in “h...

We have rolled around once again to the time of year when climate negotiators stare hungrily at the balance sheets of banks and institutional investors and demand trillions in investment at the COP, while international financial institutions promise to help mobilize that investment at the IMF/World ...

On October 1, CGD hosted a somewhat unusual discussion. The focus was not so much the "what" of reform, but rather how to effectively drive institutional reform. Our aim was to use the 2022 independent experts’ report to the G20 on MDB capital adequacy frameworks—the CAF report—as a case study of ho...

Priority-setting in health is a critical function of all health systems, enabling countries to focus their spending on services that have the biggest impact on their citizens’ health. This works—for every dollar spent on priority-setting, countries get nine dollars of better health system impact. Ho...

The G20, representing nearly 90 percent of global research spending, is uniquely positioned to drive reforms in the research publishing system through harmonised Open Access policies. Open Access policies, which require free, immediate access to research, can transform the way knowledge is shared gl...

Global challenges call for global solutions—imagine the chaos if there was no international cooperation on climate change or trade. Yet, despite the fact that every nation funds, conducts, and benefits from research together worth $1 trillion, our research publishing system remains deeply flawed, wi...