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Displaying 1 - 10 of 884
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Blog Post
The Wrong Kind of Net Zero: Boosting Emissions at Home While Paying to Reduce Them Abroad
Ranil Dissanayake
and
Bernat Camps Adrogué
March 20, 2023
The UK's Energy Price Guarantee increased CO2 emissions by 3.2 million tonnes over the period October 2022-April 2023—double the achievements of UK climate mitigation aid over the same period, which we estimate at a reduction of just 1.6 million tonnes of CO2, demonstrating that when it is expedient...
Blog Post
Go Big or Go Home: A Look at the Biden's Administration's FY24 International Affairs Budget
Erin Collinson
and
Justin Hurley
March 16, 2023
The White House's FY24 international affairs budget request is ambitious, aimed at tackling a wide range of challenges facing countries worldwide and reasserting US leadership, particularly in strategic areas where the administration hopes to displace China's growing global influence.
POLICY PAPERS
Reforming the World Bank to Play a Critical Role in Addressing Climate Change
Pedro Alba et al.
March 16, 2023
The current World Bank model focuses on reducing poverty and promoting equitable growth, while considering environmental and social sustainability. Programming is country-driven and resources allocated according to client government priorities, leaving global public goods (GPGs), particularly climat...
Blog Post
World Bank Investment Projects Aren’t Designed for Crises
Charles Kenny
March 15, 2023
In a recent note, Zack Gehan and I used a database of World Bank projects to examine the association between World Bank project types and environmental review procedures and project preparation times. We found that policy lending projects are significantly faster to design, while projects that under...
Blog Post
Concessional Finance for Addressing Climate Change: A System Ripe for Reform
Nancy Lee et al.
March 14, 2023
Climate financial intermediary funds (FIFs) represent one of the largest sources of multilateral grant and other concessional finance for climate, including for middle-income countries (MICs). Together, they have received more than $50 billion in cumulative grant funds from donors. They have collect...
POLICY PAPERS
Concessional Climate Finance: Is the MDB Architecture Working?
Nancy Lee et al.
March 14, 2023
The climate financial intermediary funds (FIFs) are one of the largest sources of grant and concessional finance for climate, especially for middle-income countries, but there are significant challenges at the systemic level and differing performance across FIFs. We recommend consolidating funds in ...
Blog Post
Before Throwing Grant Money at Global Public Goods, Let’s Figure Out if We Know How to Pitch
Charles Kenny
March 14, 2023
The World Bank’s Evolution Roadmap suggests the institution could provide more grants and subsidies to activities that support the provision of global public goods (GPGs), particularly in richer developing countries. Provision of those public goods is surely a priority: avoiding future pandemics and...
CGD NOTES
If You Want Clients to Borrow from the World Bank for Net Zero Investments, Make It Easier
Zack Gehan
and
Charles Kenny
March 09, 2023
High-income countries trying to reach net-zero targets are confronting the fact that existing environmental regulations make it harder to build low-carbon infrastructure. Lobbying groups in the US, for example, are using regulatory tools to block geothermal, solar, and wind facilities. Providing sub...
Blog Post
Lagos to Mombasa: What Can Space Tech Do for Africa?
W. Gyude Moore
March 02, 2023
To kick off Season 2 of Lagos to Mombasa, Gyude reflects on the intricacies of climate change and development in Africa and explores how space-based technologies can help. Temidayo Oniosun of Space in Africa and Rose Croshier from CGD join Gyude to discuss the intersections of space technology with ...
Blog Post
Fulfilling the EU’s New Green-Skilled Mobility Goals
Samuel Huckstep
and
Charles Kenny
February 27, 2023
The European Commission has quietly announced that it now has major ambitions to recruit international workers for its green transition. This is sensible, necessary, and can be positive for all involved. It will, however, face challenges. This blog reviews the EU’s goals, and suggests ways to go abo...

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