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Blog Post
July 30, 2023
In a new paper, we examine the connection between exposure to lead—a dangerous but prevalent neurotoxicant—and children’s learning outcomes. We find that lead poisoning alone could account for more than 20 percent of the learning gap between rich and poor countries. Given the comparative ease of, sa...
Blog Post
July 27, 2023
Last week’s Senate Appropriations Committee markup revealed a vast gulf dividing the Capitol with respect to development and diplomacy funding for the coming fiscal year. The two chambers’ State and Foreign Operations spending bill toplines are more than $9 billion apart, with the House coming in at...
Blog Post
July 27, 2023
At the G20 Finance Ministerial in India on July 17th, World Bank President Ajay Banga announced a new portfolio guarantee program with impressive leverage—$5 billion of donor guarantees that could generate $30 billion in lending over 10 years. This announcement was part of a package of new financial...
Blog Post
July 27, 2023
Stephanie von Friedeburg of Citi and formerly the International Finance Corporation joins CGD’s Karen Mathiasen and Clemence Landers for a conversation on how to balance risk and impact in investment, why blended finance needs a rethink, and what mechanisms offer the most promising solutions to the ...
Blog Post
July 26, 2023
The effects of anthropogenic climate change are upon us, and the time for serious action is past due. In this context it is unsurprising that many observers are turning to the multilateral development banks (MDBs) for this action. These are institutions whose names inspire the potential for grand ac...
Blog Post
July 26, 2023
The international development finance system is awash with ideas for increasing finance for climate change initiatives. The small island state of Barbados has been a key voice, last year launching the Bridgetown Initiative , calling for a broad set of financing reforms, some focused on the World ...
Blog Post
July 25, 2023
The principle of a “just transition” is anchored in the 2015 Paris Agreement. But only in recent years has this principle been fully recognized as an enabler and accelerator of coal power decarbonization efforts. A just transition integrates decarbonization efforts with measures to mitigate the dire...