The world is facing a climate emergency, and additional financing is sorely needed to ensure that global temperatures do not rise by more than 1.5 degrees. But how much of the new finance pledged by donors is actually new?
This note explores what happens to the value of ODA loans if more realistic discount rates are chosen. In short, the value of ODA loans falls by over a half.
Is research into a Covid-19 vaccine a suitable use of Official Development Assistance (ODA)? This note attempts to tease apart a discussion of “is this ODA” from “is this a global public good?” and then separate out again “is this ODA and/or a global public good?” from “is this an efficient way...