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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...
CGD NOTES
July 25, 2023
The principle of a “just transition” is anchored in the 2015 Paris Agreement. But only in recent years has the principle been fully recognized as an enabler and accelerator of power decarbonization efforts by integrating measures that aim to mitigate the direct, indirect, and induced adverse impacts...
Blog Post
July 25, 2023
As the RST builds momentum and scores of countries seek its concessional loans and technical assistance, a new CGD paper, The Resilience and Sustainability Trust: Early Learning and Challenges from Costa Rica and Rwanda, provide early learning from the point of view of lower-income countries themsel...
Blog Post
July 20, 2023
I just returned from the International Health Economics Association’s biennial congress, held in Cape Town. The theme of this year’s congress was diversity in health economics. I spoke in the opening plenary about (the lack of) diversity in economics research. In this blog, I reflect on my plenary c...
Blog Post
June 30, 2023
A focus on the direct benefits of climate finance investments ignores the indirect impact that climate finance may have had on making net zero targets more ambitious than they would otherwise have been. In this blog I show that these indirect benefits could be at least three times larger for each ye...
CGD NOTES
June 22, 2023
So far, most of the focus in Indonesia’s JETP has been on efforts to reduce the supply of carbon-intensive power by refinancing coal-fired power plants to retire them early and replace them with renewables. But this strategy alone may not deliver the speed and scale of the transition required. Decar...
Blog Post
June 20, 2023
Last year, we highlighted five areas to watch in the world of refugee policy; they remain just as important today. This year, we’ll highlight some of our recent work on these areas. Our findings surprised us, shifted our views, and shaped our engagement, and we hope they can contribute to meaningful...
Blog Post
June 19, 2023
This week, the world’s leaders descend on Paris to “build a new consensus on a more inclusive international finance system.” In this blog, we look at why taxes and levies offer major advantages over other economic tools to tackle climate change and examine different taxes and levies that could reduc...
POLICY PAPERS
June 14, 2023
We examine the World Bank’s climate portfolio at the project level for the period 2000-2022 and find that financing is skewed towards mitigation projects. These projects lack estimates of greenhouse gas emissions reductions, and there is no standardized reporting on GHG estimates across the portfoli...