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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.
Annual Report 2014
To all our supporters: a heartfelt thank you for
your commitment to our work and your
intellectual engagement in our research.
It’s with your help that practical ideas for
global prosperity are now reaching more
people in more ways than ever before.
Each year, as we prepare the Annual Report, I look back with immense
gratitude and much amazement at the accomplishments that CGD’s
supporters, board members, staff, and engaged followers make possible. This
year is no different. My thanks to all of you. Your support helps us make a real
difference—even a globally significant difference—on tough development
challenges around the world.
In 2014 we continued to nurture new ideas and promote international
cooperation on issues such as climate change, poor schooling, energy poverty,
trade barriers, immigration restrictions, inefficient global health programs,
and money laundering and tax avoidance. We generated cutting-edge work
on all these topics and more; you can find details in this report.
In pursuing our mission of reducing poverty and inequality in the world we
are guided by our exceptional board of directors. In 2014 we expressed our
deep gratitude to Ed Scott for his leadership and support as board chair since
our founding in 2001. We also gave a warm welcome to his successor Larry
Summers, who is continuing the tradition of a chair who pushes us to think
bigger and do better.
Looking ahead, we can all expect great things from the Center in 2015: new
work on women’s empowerment, on global health success stories, on more
transparent and just use of natural resource revenues, and on the vital link
between tropical forests and development. We will also be issuing a major
series of papers that offer a practical, 21st-century development approach for
the next US president.
I invite you now to take a moment to enjoy this report. It’s a small window
into some of the work made possible by support for CGD. That work is far
from over, but I remain ambitious and optimistic in pushing for practical
solutions for shared prosperity; after all, development is a win-win
proposition—a better world for today’s poor and vulnerable promises a
better world for all of us.
Ideas to Action
It may be our tagline, but
CGD’s model really works:
independent research and
practical ideas for global
prosperity. We measure
success not in reports read
or webpages viewed, but
in terms of influence and
impact. Here are a few
key examples from 2014.
Development Impact Bonds (DIBs)
Development Impact Bonds fund development programs up
front with money from private investors,
who stand to earn a return (paid by a
donor) if the program is successful. The idea was developed by working group jointly led by CGD and Social Finance UK. At CGD this work was led by Owen Barder and Rita Perakis. The first DIB was launched in June 2014 to bring quality education to girls in Rajasthan, India, as a result of a partnership of Instiglio, The Children’s Investment Fund Foundation, Educate Girls and UBS Optimus Foundation. We anticipate that more organizations will adopt this innovative mechanism to finance development.
The Educate Girls Development Impact Bond. Credit: DFID
The Tropical Forests for Climate and Development Initiative
This major research project, involving more than 20 commissioned
peer-reviewed papers, demonstrates how vital healthy forests are to
the climate and to development. The team presented their findings
before high-level policymakers at the UN
COP20 conference in Lima, Peru. In 2015
their work will be published in the book
Why Forests? Why Now?
Halting and reversing deforestation could mitigate up to 30 percent of the planet’s total carbon emissions. Credit: CIFOR
Expansion of the Power Africa Initiative
In 2014 the White House announced a tripling of electricity
generation targets under President Obama’s Power Africa Initiative,
aimed at driving development by increasing access to affordable
energy. This increase reflected research by CGD experts Todd Moss
and Ben Leo on how to close the energy poverty gap and followed
our work in shaping the Power Africa Initiative. During the US-Africa
Leaders Summit in August, CGD experts were widely consulted and
quoted by international media, drawing on our ideas to make the
United States a reliable partner for cost-effective, development-friendly
Roughly 600 million people in Africa live without access to any power, which means no access to safer and healthier electric cooking and heating, no powered health centers or refrigerated medicines, no light to study by at night, and no electricity to run a business. Credit: Greg Marinovich/Bloomberg
Delivering a Data Revolution
The UN has proclaimed more complete and accurate
data to be an essential part of achieving sustainable
development goals. In 2014 CGD’s Amanda Glassman
and Justin Sandefur led extensive research in
this area. Recommendations of a working group
conducted in collaboration with the
Nairobi-based African Population and
Health Research Center were reflected in
the UN’s A World That Counts report and
featured in the OECD’s Informing a Data
Revolution report. In 2015 global decision-makers
continue to draw on CGD proposals
as they prepare for the major development
conferences this year.
Only 12 of the 54 African Union countries have autonomous national statistics offices (NSOs). NSOs that lack independence often succumb to limited resources, political interference, and complicated vetting processes from other government agencies. Credit: Julien Harneis
The Global Development Council
President Obama’s new Global Development
Council was deeply influenced by CGD’s
Rethinking US Development Policy work.
The agenda at the Council’s April meeting
was packed with CGD ideas, including
recommendations to unleash the Overseas
Private Investment Corporation, create a US
Development Bank, apply Cash on Delivery
Aid in foreign assistance, and publish
subcontractor data. This impact was not a
one-time deal; CGD’s research, led by Ben Leo,
will likely feature heavily in the Council’s 2015
report—a sign of our growing reputation
among policymakers at the highest level.
President Obama’s Global Development Council’s proposals for advancing sustainable growth and development echoed several CGD recommendations. Credit: Pete Souza/White House
Mitigating the Economic Impact of Ebola
With death, panic, and economic collapse gripping West African nations,
the World Bank urgently sought the expertise of CGD’s Mead Over in
calculating the long-term cost of Ebola on Africa’s economy. Later, US
Senator and Chair of the African Affairs Subcommittee Jeff Flake and
Liberia’s Minister of Public Works Gyude Moore (a former CGD Scott
Fellow) participated in a CGD event examining how to rebuild economies
and strengthen disease surveillance and rapid response, demonstrating
CGD’s place at the forefront of policy work on
health-related global goods.
A Nigerian port health official uses a thermometer on a passenger at the arrivals hall of Murtala Muhammed International Airport in Lagos, Nigeria. Credit: AP
Mead Over (pictured with Liberian Minister of Public Works Gyude Moore) contributed to a timely World Bank report outlining the economic impacts of Ebola.
Owen Barder led the working group on Development Impact Bonds, a new financing mechanism that hinges on results and increases the efficiency of programs.
In March 2014 Todd Moss testified in front of the House Energy and Commerce Subcommittee on Energy and Power about energy access in the 21st century.
Senior fellow Ben Leo (pictured testifying before the US Senate Foreign Relations Committee) directs the Rethinking US Development Policy initiative.
CGD’s Amanda Glassman and African Development Bank President Donald Kaberuka discuss ways to address the need for timely, accurate, and open data in Africa.
Stay up to date with all of CGD’s work with our weekly newsletter.
How We’re Funded
In 2014 we continued to set the bar for
transparency and accountability, earning
the highest rankings possible from
Transparify and Charity Navigator.
CGD is funded by contributions from foundations, bilateral agencies, corporations, and individuals. A complete list of our supporters can be
found on the our How We’re Funded page, which also provides information on all grants and donations greater than $100,000.
You can invest in shared prosperity by supporting CGD today.
2014 Audited Financials
(includes CGD Europe which began independent operation as a registered UK charity)
Total = $14.2 million
Total = $14.4 million
Center for Global Development What We Do and What We've Done
We work to change the policies and practices of rich countries
and powerful institutions to reduce global poverty and
inequality. The independent, rigorous research of our world-class
scholars creates new knowledge and policy innovations,
and through proactive engagement with the policy community
we turn that research into practical ideas for global prosperity.
We’re honored that decision-makers look to us as a go-to destination for
development solutions and that our work has been influential in creating
real change in the world. Here are just a few examples:
Advance Market Commitments for vaccines:CGD’s proposals led five
countries and the Bill and Melinda Gates Foundation to pledge $1.5 billion
as an incentive for the development of vaccines for diseases that kill
children in poor countries.
Cash on Delivery Aid:Our proposals to make aid more effective by paying for
outcomes continue to set the trend in development. The United Kingdom
funded a $10 million pilot in Ethiopia, followed by another in Rwanda.
Shaping the G-20 Agenda: CGD research on increasing access to financial
services for the global poor was closely mirrored by the Principles for Innovative
Financial Inclusion document adopted by the 2010 G-20 Summit in Toronto.
Haiti immigration policy: Two years after the devastating earthquake in
Haiti, CGD helped bring about a change in US visa rules to allow Haitians
to come to the United States as temporary workers, increasing their
earnings tenfold and helping their families back home.
Commitment to Development Index: Every year CGD calculates and publishes
a ranking of rich countries according to how development-friendly their
policies are across a range of areas, including aid, trade, finance, and
migration. Currently 27 countries are included, allowing us to compare
how the policies of the world’s richest economies affect the poor.
Since 2001 we’ve worked hard to build a reputation as an independent,
nonpartisan ‘think-and-do’ tank. We value integrity, hard work, and data,
data, data! Our funding sources are transparent and diverse, and we are
extremely grateful for the growing network of supporters who share our goal:
to deliver evidence-based analysis and constructive policy proposals that create
opportunities for the world’s poor to enrich and improve their lives.