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Jan
17
2024
VIRTUAL
2:00—3:00 PM ET / 7:00-8:00 PM GMT
December 18, 2023
To navigate this unsettled, difficult period, how can policymakers need to make their economies more resilient to shocks while implementing comprehensive structural reforms to boost long-term growth prospects? And can the global economy finally move past these overlapping crises to turn a corner? Jo...
CGD NOTES
December 06, 2023
This note argues that the United Kingdom (UK), working within old and new coalitions, should take a more strategic approach to the aims and funding of a leading cluster of major multilateral funding institutions. It sets out the UK’s role within multilaterals, the key reform issues and how to treat ...
Dec
6
2023
VIRTUAL
11:00—12:00 PM ET / 4:00-5:00 PM GMT
November 07, 2023
Emerging markets and developing economies are severely affected by global shocks and rising volatility of capital flows. Policy responses to address these shocks have varied significantly across countries. What can we learn from recent experiences? Do flexible exchange rates always provide full insu...
CGD NOTES
October 13, 2023
A world on fire requires the multilateral development banks to be at center stage in creating an effective response and bringing diverse actors to support a shared agenda of transformative development. MDBs have a distinctive comparative advantage in playing a catalytic role in fostering government ...
Blog Post
September 07, 2023
We have reviewed each of the UK’s seven main finance tools—from export finance to capital increases at its private finance arm, British International Investment. Overall, we find that the UK has substantially increased the level of finance it mobilises, from around £3bn in 2018, to £5bn in 2021, and...
POLICY PAPERS
September 07, 2023
The UK government has significantly expanded its development finance beyond ODA. The strategic use of guarantees, export finance, and other instruments is not a substitute for grants to the poorest, but instead offers the prospect of mobilising significant lending to developing countries, which can ...
Blog Post
June 28, 2023
On June 14, we published a paper titled “What Counts as Climate?” where we argued that the World Bank has developed a climate portfolio that lacks estimates of greenhouse gas emissions reductions and has no standardized reporting on GHG estimates. Last week, the World Bank sent an email to members o...
Blog Post
June 14, 2023
Too often, climate finance is treated as a proxy for climate outcomes when it comes to agenda-setting and strategy at the multilateral development banks. Over the last 18 months, the World Bank’s shareholders have led a major reform push that would have the Bank focus more on climate, with the discu...
POLICY PAPERS
June 14, 2023
We examine the World Bank’s climate portfolio at the project level for the period 2000-2022 and find that financing is skewed towards mitigation projects. These projects lack estimates of greenhouse gas emissions reductions, and there is no standardized reporting on GHG estimates across the portfoli...