Ideas to Action:

Independent research for global prosperity

Views from the Center

CGD experts offer ideas and analysis to improve international development policy. Also check out our Global Health blog and US Development Policy blog.

 

Hurricane Sandy and Development

Will Hurricane Sandy be the wake-up call that Americans need to finally recognize that rapid climate change is already upon us and the rest of the world?  Michael Mann, a leading climate scientist, told the Los Angeles Times it may be a galvanizing event, “a Cuyahoga River moment for climate change.” The superstorm, Mann says, “has galvanized attention to this issue and the role that climate change may be playing with regard to the intensification of extreme weather.” Cleveland’s Cuyohaga River in

South Korea Wins Green Climate Fund: Now Comes the Hard Part

This is a joint post with Lawrence MacDonald.

In a break with the post-World War II practice of international organizations being headquartered in either Europe or the US, South Korea beat five nations to become the host of the Green Climate Fund (GCF), a new entity that may become a key player in international efforts to avert runaway climate change. The GCF interim secretariat announced late last month that Songdo International Business District, a gleaming new satellite city adjacent to South Korea’s main airport, won the competition to host the fund. The decision is expected to be confirmed at the 18th Conference of the Parties (COP) of the United Nations Framework Convention on Climate Change (UNFCCC) that will get underway in Doha, Qatar, later this month.

Dodd-Frank, the EU, and the Resource Curse

British Prime Minister David Cameron’s op-ed  in the Wall Street Journal lays out his anti-poverty vision. As my colleague Todd Moss notes, this type of serious, top-down and bottom-up debate about development issues doesn’t make the US look especially good by comparison.

David Cameron’s Antipoverty Agenda: It’s Post-Gleneagles, Post-2015, and Post-Aid, but is it Post-November 6?

While we are desperately trying to decode a strand of insight into US development policy in the Presidential debates, the British are having a full-throated debate about leadership on 21st-century global issues —and, frankly, making us look bad. In today’s Wall Street Journal, British Prime Minister David Cameron lays out his antipoverty vision in this op-ed.  My three takeaways:

On My Wish List for the Next Administration: A US Africa Policy Worthy of Africa

Precisely as Africa is rising on the radar screens of investors and security types, it seems to be falling off the US foreign policy map. With the exception of Governor Romney’s mention of Mali (twice!) in the third debate, Africa hardly featured at all. That’s a shame, since Africa is both a growing opportunity and will become a greater threat if neglected. I’ve been deeply disappointed to see the United States reduce its engagement with the continent under the current administration, losing ground on the progress made under Presidents Clinton and Bush. Regardless of who wins on November 6, the scope for doing better—and more without more money—is obvious.

The following originally appeared on October 1 as “Missing in Africa” on ForeignAffairs.com.

Development Hits the Debates (Kind of)

There were lots of critical foreign policy debate topics to cover during the final presidential debate—like the US auto industry—so we didn’t hear quite as much on development issues like climate change or global health as I might have liked.

Gaps aside, there were a surprising number of references to the importance of development to US soft power. Both candidates referenced the connection between developing countries’ economic growth and US national security.

Why Development Impact Bonds?

Development Impact Bonds come at a price: private investors provide upfront funding for social interventions and expect a return, including some compensation for the risk they are taking, if outcomes are delivered.  Is that price worth paying?  The second meeting of the CGD and Social Finance Development Impact Bonds Working Group recently considered this question in some detail.

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