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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 ...
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
November 02, 2022
Climate finance is set to be a key issue at the 27th UN Climate Conference of the parties (COP27), with the Egyptian hosts raising it in four of their five targets alongside emphasising a shift from pledging to implementation of commitments. In this blog, we highlight four areas to look out for on c...
Blog Post
February 10, 2022
Climate and trade will be major issues at the sixth European Union (EU) – Africa Union (AU) summit on 17-18th February. One item on the agenda is the EU’s new proposal to apply a carbon border adjustment mechanism (CBAM) on imports.The proposal is designed to lower carbon emissions globally, but at ...
CGD NOTES
December 02, 2021
The UK has historically prioritised poverty reduction in its aid spending, focusing finance where it is most needed. In this note, we assess the poverty focus of the UK’s bilateral official development assistance (ODA) over the past decade and compare this to other major donors. To do so, we examine...