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Blog Post
June 20, 2023
The Biden administration’s efforts to provide attractive alternatives to Chinese finance in the developing world coincides with a period of pronounced financial stresses for these countries. After years of ready access to capital markets, coinciding with China’s rise as the dominant source of govern...
Blog Post
June 19, 2023
When Boris Johnson announced the creation of the Foreign, Commonwealth and Development Office in September 2020, he signaled the dissolution of the Department for International Development (DFID) after nearly 25 years. In a new series, to be published over the next 18 months, we will look at the wa...
POLICY PAPERS
June 19, 2023
Looking back on the run up to the creation of DFID in 1997, those involved tend now to tell two somewhat conflicting stories: first that it was simply “in Labour’s DNA” to uplift development and give it a separate voice in government, and second that the creation of DFID was very much about the circ...
Blog Post
June 16, 2023
Just hours after I clicked send on the links last week, the curtain began to draw on one of the most chaotic eras of modern British politics, with Boris Johnson’s huffing and whining resignation as an MP. After discovering that we was about to be censured for lying to Parliament (a serious brea...
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...