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Blog Post
June 27, 2023
The post-conference statement from the recently concluded Paris Summit for A New Global Financing Pact undercuts the calculations at the core of the idea we could take billions of multilateral finance and ODA to mobilize trillions of private investment for climate and development. If the Paris Summi...
POLICY PAPERS
June 20, 2023
If we could reinvent MDBs to respond to urgent development and climate needs and to benefit from 70 years of experience with the model, what would they look like? Countries should chart their own low-carbon climate resilient development and growth paths, with robust analytical support from MDBs that...
Blog Post
June 20, 2023
The Paris Summit for a New Global Financing Pact set to take place this week is hot off the heels of the London Ukraine Recovery Conference. The Paris summit is being billed as a moment to rebuild trust between the West and African countries in the face of broken promises, double standards and bifur...
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...
Blog Post
June 14, 2023
Too often, climate finance is treated as a proxy for climate outcomes when it comes to agenda-setting and strategy at the multilateral development banks. Over the last 18 months, the World Bank’s shareholders have led a major reform push that would have the Bank focus more on climate, with the discu...
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...
Blog Post
June 13, 2023
Subsequent statements and declarations made it fairly clear that all $100 billion was meant to be new and additional –presumably ‘new and additional’ to existing financial transfers to developing countries. But there is no consensus definition of “new and additional climate finance.” That raises th...
Blog Post
June 13, 2023
This Thursday, the Center for Global Development is hosting a half-day event—Get the Lead Out—to shine a much-needed spotlight on the far-reaching social and economic consequences of lead poisoning. Lead is an insidious toxin. In most cases, it has no overt, easily detectable symptoms when ingested—...
BRIEFS
June 08, 2023
To meet many of today’s most pressing challenges, we need to find new solutions. But the fastest, cheapest, and most effective way to encourage high-impact innovation isn’t always obvious. Governments, philanthropists, and the private sector typically invest in research and development (R&D) by bett...