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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.

 

Setting a Price on Carbon Immediately Is Necessary to Avoid Dangerous Climate Change

Avoiding dangerous climate change is possible, technologically and economically. That is one of the main takeaways from the report released Tuesday by the Intergovernmental Panel on Climate Change (IPCC) on cost-effective ways to mitigate climate change. That report is the third of four constituting the Fifth Assessment Report (AR5) of the IPCC. The first, on the science behind climate change, was released in September 2013; the second, on the current and future impacts of climate change, was released earlier this month. A synthesis report is set to be published in October.

Halting and Reversing Deforestation Critical to +2 °C Climate Target

The newly released Intergovernmental Panel on Climate Change (IPCC) report, "Climate Change 2014: Mitigation of Climate Change,” describes the actions that people will need to take if we are to maintain a safe and stable global climate.  Like the two previous IPCC reports (which I have written about here and here), it is based on the collective volunteer work of dozens of top scientists and economists synthesizing the findings of thousands of peer-reviewed articles.

Unboiling the Frog: Can the World Bank Legally Adopt “Ending Extreme Poverty” as a Goal?

The World Bank loves to talk about the importance of “good governance” and “strong institutions” and “rule of law” as keys to development success.  Presumably that means that organizations are managed in accordance to their own legal procedures.  The International Bank for Reconstruction and Development (IBRD), the primus inter pares of the many units under the World Bank group umbrella (IDA, IFC, MIGA) has an agreed upon Articles of Agreement.  Article One is worth reproducing in its entirety: 

Nigeria’s Upward Revision of GDP Should Sound Alarm on Tax-to-GDP Ratio

The long-anticipated rebasing of Nigeria’s GDP series was finally made public on Sunday April 6, and the general media reaction has been cautiously celebratory. But the reaction has largely missed one big point: the rebasing establishes that the biggest economy in Africa has the lowest tax revenues of almost any country in the world.

It’s Spring Meeting Time in Washington, and the World Bank’s Finances Have Never Looked Better. Time for a Bank Resource Review.

The World Bank’s governors will meet this weekend to check in on president Jim Kim’s ambitious reform agenda. Anticipating the weekend’s meetings, the bank has rolled out a series of measures through press releases and speeches over the past two weeks, including the announcement of new global practice leaders, a set of financing measures to boost the bank’s lending capacity, and a completed IDA-17 replenishment agreement.

Does Jim Kim Get Water?

Over the past week World Bank president Jim Kim’s mind seems to have been on water and development.  But what does he mean by “water” and how does this relate to the huge water-related development challenges faced by the World Bank’s borrowers?

Reflections and What’s Ahead—CGD Founding Board Chair Ed Scott

“Many of you will know that Ed Scott, who is a co-founder and the founding chair of CGD, is also the initial generous benefactor that made CGD possible,” CGD president Nancy Birdsall told a standing-room only lunchtime crowd in the Center’s new conference center. “We would not be here today without what he did.”

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