Search

Washington, DC – The World Bank’s climate mitigation portfolio includes several hundred loans that appear to have nothing to do with climate mitigation, according to a new study released today by the Breakthrough Institute and the Center for Global Development. 

As climate pledges pile up, a worrying theme is emerging that bold efforts by rich nations to decarbonize the global economy will be ruined by hordes of new consumers in the developing world buying cars, installing air conditioning, and taking planes. China’s and India’s rapid development and steep ...

In sub-Saharan Africa, which has large gas fields offshore and includes many of the world’s poorest countries, a ban on financing gas projects would practically end support for the critical energy infrastructure necessary to support economic development and raise living standards.

After four years of inaction, the Biden administration faces a more daunting climate crisis than ever. Special Envoy John Kerry said the administration wants “to develop a U.S. climate finance plan, as well as a plan for ending international financing of fossil fuel projects with public money.” This...

Nigeria’s young tech sector faces a major hurdle in an unreliable power supply, with the average tech firm reporting 30+ power outages per month, according to a major new survey of the country’s tech sector by the Center for Global Development and the ONE Campaign.