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Blog Post
June 03, 2024
It is time for an update to the $100 billion climate finance goal that was agreed to in 2009 as part of the United Nations Framework Convention on Climate Change process. In April, Cartagena hosted the first meeting under the ad hoc work programme on the new collective quantified goal on climate fin...
Mar
19
2024
VIRTUAL
3:30—5:00 PM CEST
March 18, 2024
In September, the United Nations will hold the 'Summit of the Future'. This summit will debate, inter alia, the reform of global economic governance, lasting solutions on debt relief, lowering costs of sovereign borrowing, and an inclusive and equitable global tax architecture. Furthermore, the Braz...
Apr
3
2024
VIRTUAL
9:00—10:00 AM ET / 2:00-3:00 PM GMT
March 18, 2024
This panel discussion, taking place alongside the launch of the World Bank’s April 2024 South Asia Development Update, will examine whether the region can remain an economic star, and explore the risks to the outlook, including from climate change.
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
February 21, 2024
So: how do donor governments actually use their subsidies to the private sector to support mitigation and development projects around the world? The process usually starts with a private company (the project sponsor) asking a development finance institution (DFI) like the World Bank Group’s Internat...
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 ...