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Blog Post
March 18, 2024
Against the odds, a plucky little IMF engine—the Resilience and Sustainability Trust, or RST—has won plaudits for its efforts to support countries formulating policies to tackle climate change. It has taken up the challenge with only $30 billion as firepower, against the trillions needed from all ...
POLICY PAPERS
March 18, 2024
The IMF’s Resilience and Sustainability Trust (RST) has been operational for over a year, with the first seventeen countries receiving commitments of financial support. But if lending from the RST is to achieve its objectives, the IMF should make it fitter for purpose by taking a radically different...
Blog Post
March 15, 2024
This week, in lieu of further stories about my three-year-old’s eccentricity, I bring some exciting news: next week, the links are going to get a makeover. This has been in the works for a very long time. We first started talking about it more than a year ago, but with one thing or another, we haven...
CGD NOTES
March 15, 2024
The November guidance on RSF seems to have addressed some of the shortcomings observed in the initial RSF programs. However, as we highlight in this note, other deficiencies remain unresolved and require attention from the IMF’s Executive Board during the upcoming RSF review.
Blog Post
March 13, 2024
When world leaders gather in September for this year’s UN General Assembly, antimicrobial resistance (AMR) will be on the agenda. For people like me who care passionately about this issue, this is a welcome opportunity to address a global problem with a global solution. Ahead of September, we need t...
Blog Post
March 08, 2024
Sorry for the lack of links last week: childcare responsibilities trumped reading and musing on the assorted economic and research detritus that was settling on my brain. But what you lost last Friday, you gain today: though I’m going to try and stick to 7 items, as usual, there will be a little mor...
Blog Post
March 07, 2024
In this blog, we explore how OECD Development Assistance Committee (DAC) providers have been incorporating gender-based targets in their climate-related Official Development Assistance (ODA). We find that development finance categorised as climate-related has increasingly incorporated gender-related...
Blog Post
February 23, 2024
Today, my son walked into one of my meetings to demand I dismantle one of his toy trucks (it’s touching how much faith he has in my non-existent facility with tools), and on being told I would do it after the meeting, declared that he would wait for me. He sat down by my chair and started howling at...
Blog Post
February 20, 2024
In a new note, I suggest there’s little evidence that aid (official development assistance, or ODA) spent on climate mitigation is actually reducing emissions. That’s not to say the finance is wasted: much will have been spent on projects with considerable development impact and some, surely, reduce...
CGD NOTES
February 20, 2024
An increasing proportion of official development assistance (ODA) is being dedicated to climate, and climate mitigation in particular. Even were that spending highly effective, and despite reaching about $30 billion in 2020, it is not large enough to finance investment that would significantly slow ...