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Blog Post
December 18, 2020
This blog proposes some critical steps—many of which are long overdue—that international financial institutions (IFIs) and multilateral development banks (MDBs) must take if their money is to work more effectively to support African countries recover from the pandemic’s fallout.
Blog Post
December 15, 2020
What impact do development finance institutions (DFIs) like the IFC have on actual development? Today, George Yang and I release a paper that tries to take a sectoral approach to impact: does an IFC electricity investment lead to more power production per capita in a country, or financing provided t...
CGD NOTES
December 09, 2020
All three of the recent UN secretary-general reports on peacebuilding and sustaining peace (2018, 2019, and 2020) take note of the need to enhance collaboration between the UN—not only its development system but also its peace and security and humanitarian arms—with international financial instituti...
Blog Post
December 02, 2020
US president-elect Joe Biden has pledged to eliminate fossil fuels, domestically and globally. We look at the fiscal cost of those subsidies, which countries make most use of them overall, and how dirty are the fuels they subsidise. We look at political barriers and conclude with four reasons w...
Blog Post
November 19, 2020
We don’t know as much as we should about the real-world costs and effectiveness of climate mitigation projects in low- and middle-income countries. This blog looks at what we do know and finds that real-world cost-effectiveness appears to be orders-of-magnitude different between projects even in the...