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Blog Post
March 22, 2024
On Thursday, I delivered testimony before the House Oversight and Accountability Subcommittee on National Security, the Border, and Foreign Affairs at a hearing titled “Accountable Assistance: Reviewing Controls to Prevent Mismanagement of Foreign Aid.” I argued that the financial flow of assistanc...
TESTIMONY
March 21, 2024
On Thursday, March 21, 2024, CGD Senior Fellow Charles Kenny appeared before the Subcommittee on National Security, the Border, and Foreign Affairs of the House Committee on Oversight and Accountability at a hearing titled “Accountable Assistance: Reviewing Controls to Prevent Mismanagement of Forei...
Blog Post
March 14, 2024
Since its inception, DFC has demonstrated its capacity to rapidly increase its investment volume, making use of a higher portfolio cap. Its annual commitments have doubled over the past four years. But the agency has been subject to criticism (including from some at CGD) for insufficiently prioritiz...
Blog Post
December 04, 2023
Food insecurity is again a major topic of global concern. Decades of progress are under threat from the effects of climate change on agriculture along with supply chain dislocations linked to the pandemic and Russia’s invasion of Ukraine. An estimated 333 million people worldwide are now experiencin...
Blog Post
October 26, 2023
Call it a sign of the times: negotiations around the creation of a new Loss and Damage Fund for climate are breaking down, with developing nations and advanced economies at a familiar impasse. The Loss and Damage Fund—a fund meant to compensate vulnerable countries for climate impacts—is supposed to...
Blog Post
August 28, 2023
We’d been eagerly awaiting an update to DFC’s downloadable project data for insight into the development finance agency’s recent investments and overarching portfolio composition. A new drop finally came earlier this month detailing transactions through FY2022 and timed with the release of DFC’s ina...
Blog Post
December 12, 2022
Debt and climate change are defining challenges for many countries in Africa. Governments across the continent are seeing their debt burdens mount—some to unsustainable levels—as they race to mobilize resources to adapt and respond to the increasingly severe climate crisis.
Nov
14
2022
VIRTUAL
8:30—12:00 PM Eastern Time (US & Canada)/ 1:30—5:00pm Greenwich Mean Time (GMT)
October 28, 2022
Climate change, conflict, food insecurity, and pandemics. These global challenges are growing in urgency, and complexity—and they are not confined by borders. While wealthy countries are aging and their growth rates are faltering, the traditional manufacturing-led path to rapid growth in poorer coun...
Blog Post
August 25, 2022
The existing MCC income cutoff is based on the robust principle that the best buys in global development are concentrated in the world’s poorest countries. (Indeed, when the Corporation started, it only worked in low-income countries for that reason). There is a declining marginal utility of a dolla...