Your contribution makes it possible for the Center’s researchers to devise practical, evidence-based solutions for today’s most pressing development challenges.
To meet the Sustainable Development Goals, prepare for the next pandemic, and mitigate the looming climate crisis, the world must ramp up development financing from billions to trillions of dollars. This requires us to not only expand the existing pathways, but also unlock new resources, while respecting the dignity and independence of the worlds most disadvantaged people. CGD’s Sustainable Development Finance program works to advance these goals in pursuit of a resilient and sustainable future.
The SDF Program has five priorities: fund development for the 21st century; maximize the impact of development finance; promote transparency and sustainability; leverage developing country resources; and bring together development finance institutions to help solve today's pressing crises.
02
Maximize the impact of development finance
Not all financing is created equal, and not all financial vehicles are equally effective for rebuilding economies, meeting SDGs, and confronting global challenges. We provide actionable analysis to ensure that every development dollar has the maximum impact possible.
04
Leverage the resources of developing countries
Many of the world’s poorest countries are also the world’s richest countries in natural resources. We aim to identify how countries can best use the resources they have to access the resources they need.
01
Find funding for the development needs of the 21st century
Funding the sustainable goals will require trillions of dollars. This requires us to look beyond traditional aid, toward leveraging private finance and developing countries own resources. We work to identify and advocate new pathways to fill the development financing gap.
03
Promote transparency and sustainability in development finance
The history of international finance is replete with examples of corruption, predatory lending, and debt crises. We endeavor to bring transparency to the complex world of development finance, safeguard public monies, and keep debt levels transparent and sustainable.
05
Facilitate cooperation among development finance institutions
The development finance landscape has grown ever-more complex throughout the past decade with the emergence of new institutions, lenders, and financing vehicles. We strive to point out comparative advantages, highlight synergies, and reduce waste in the interest of aid recipients.
Program Goals
The SDF Program has five priorities: fund development for the 21st century; maximize the impact of development finance; promote transparency and sustainability; leverage developing country resources; and bring together development finance institutions to help solve today's pressing crises.
01
Find funding for the development needs of the 21st century
Funding the sustainable goals will require trillions of dollars. This requires us to look beyond traditional aid, toward leveraging private finance and developing countries own resources. We work to identify and advocate new pathways to fill the development financing gap.
02
Maximize the impact of development finance
Not all financing is created equal, and not all financial vehicles are equally effective for rebuilding economies, meeting SDGs, and confronting global challenges. We provide actionable analysis to ensure that every development dollar has the maximum impact possible.
03
Promote transparency and sustainability in development finance
The history of international finance is replete with examples of corruption, predatory lending, and debt crises. We endeavor to bring transparency to the complex world of development finance, safeguard public monies, and keep debt levels transparent and sustainable.
04
Leverage the resources of developing countries
Many of the world’s poorest countries are also the world’s richest countries in natural resources. We aim to identify how countries can best use the resources they have to access the resources they need.
05
Facilitate cooperation among development finance institutions
The development finance landscape has grown ever-more complex throughout the past decade with the emergence of new institutions, lenders, and financing vehicles. We strive to point out comparative advantages, highlight synergies, and reduce waste in the interest of aid recipients.
Results and Impact
CGD’s sustainable development finance team has put forth numerous ideas that have shaped how development policy is made. We were among the first organizations to examine the debt sustainability implications of China’s burgeoning overseas lending, prompting a global conversation that ultimately resulted in China’s adoption of a debt sustainability framework modeled on that of the IMF. CGD also led the debate around the Special Drawing Rights reallocation, with a two-day event with the French treasury and extensive research and analysis. In addition, CGD experts have presented their research to a range of interested organizations, such as research on the structure and distribution of Official Development Assistance which was presented to the OECD's new Community of Practice on poverty and inequality.