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Blog Post
November 29, 2021
While hopes for mobilizing private finance for climate response were boosted by the investment firms managing a collective $130 trillion who signed onto net zero pledges at the COP, actually getting the private trillions to move south remains a huge challenge. And two leading proposals point to the ...
Blog Post
November 23, 2021
The fact is $100 billion a year is woefully insufficient to cover the cost of climate change adaptation, let alone financing clean energy transitions across the developing world. The adaptation price tag alone could reach $300 billion a year by 2030. According to the IEA, the cost of financing clean...
Blog Post
November 23, 2021
CGD's Masood Ahmed speaks with Sida's Carin Jämtin and MCC's Alexia Latortue about their takeaways from the 2021 Development Leaders Conference, including the tensions between national and global challenges, how development agency leaders can address them, and what these decisions might mean for age...
POLICY PAPERS
November 22, 2021
In this paper, we introduce the concept of climate debt and provide country-level estimates through 2035 under a business-as-usual scenario. These estimates can help inform the debate on climate change by providing a clear view of which countries have (until the present) contributed the most to clim...
Blog Post
November 22, 2021
One of my overwhelming preoccupations over the last 10 years as a chief executive of international aid organisations, first as permanent secretary of the UK’s Department for International Development and then as head of the UN’s humanitarian affairs, has been that there was never enough money, even ...
Blog Post
November 10, 2021
Last Friday, the Government of Belize alongside the U.S. Development Finance Corporation (DFC) and the Nature Conservancy (TNC) announced the financial close of the largest blue bond for Ocean Conservation to date. The program enables Belize to convert its existing Eurobond (i.e. foreign currency bo...
Blog Post
November 10, 2021
COP26, like previous UN climate change conferences, has seen no shortage of “big round number” announcements aimed at making a splash in the press and signaling virtuous intent. Such announcements—be they promising $100 billion a year, demanding $1 trillion, or finding an additional £1 billion from ...
POLICY PAPERS
November 10, 2021
An increasing share of official development assistance is being used for climate-related activities. This trend is continuing despite the lack of comprehensive cost-effectiveness evidence to guide spending decisions and continuing concerns that few applications are effective or efficient mechanisms ...