With rigorous economic research and practical policy solutions, we focus on the issues and institutions that are critical to global development. Explore our core themes and topics to learn more about our work.
In timely and incisive analysis, our experts parse the latest development news and devise practical solutions to new and emerging challenges. Our events convene the top thinkers and doers in global development.
Can King Henry III’s royal decree governing bakers in 13th-century England teach us how to fight climate change, the greatest global challenge of the 21st century? I’m pretty sure it can. Let me explain...
After two weeks in Indonesia I returned to Washington to discover that fall had turned to winter in my absence. A new CGD Working Paper explains how the prospects of jurisdictional forest offsets have experienced a similar chill in California since first proposed in the late 2000s.
Update November 17: As expected, the United States and Japan announced their pledges of $3 billion and $1.5 billion, respectively, to the Green Climate Fund at the G-20 summit in Australia. The United Kingdom is set to announce a £650 million ($1 billion pledge) in Berlin later this week and Canada said it will contribute, although it did not announce how much. Together with pledges from 11 other countries, total pledges amount to $7.5 billion, getting close to the $10 billion target for beginning operations of the Green Climate Fund. Pledges are also expected from Australia (despite the step-back from climate action by the new government), Italy, Norway, and Spain. The agreement reached by the Green Climate Fund board a few weeks ago, which approved a logical framework for REDD+, may spur Norway to pledge given it lays the groundwork for GCF support to forests.
Two synthesis reports on the science of climate change released this week show just how much halting and reversing tropical deforestation could contribute to global efforts to avert global climate change, which threatens citizens of developing countries first and worst.