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CGD NOTES
March 29, 2021
As ministers and officials meet in the coming year, they will make new financing commitments on climate and promise to ensure all of their activities are “Paris-compatible”—against the backdrop of a global pandemic. Any new commitments on climate finance will need to balance existing development cha...
Blog Post
March 05, 2021
Our analysis suggests improvements need to be made to ensure mitigation funding has the intended impact. We estimate that a focus on effectiveness could plausibly reduce emissions by an amount equivalent to a year of the UK’s emissions. Here, we draw out three reforms that should accompany any new f...
POLICY PAPERS
March 05, 2021
This paper assesses the available evidence evaluating the effectiveness of concessional spending on climate mitigation in developing countries. Impact evaluation evidence on climate mitigation in developing countries is very limited. However, the Green Climate Fund and the Clean Technology Fund lead...
Blog Post
February 05, 2021
Last week President Biden announced sweeping measures to reengage the US government in the fight against climate change. With US Special Envoy for Climate John Kerry suggesting the need for “humility and ambition,” we suggest five ways for the new US administration to be more ambitious on the intern...
CGD NOTES
January 13, 2021
This note looks at cumulative historical emissions but adds two adjustments to quantify countries’ liability for climate damage. First, we use recent thinking on carbon prices to cost emissions. Second, we allow that cost to fall for historic emissions and include a cut-off to reflect the rising cer...
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...