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Blog Post
March 20, 2023
The UK's Energy Price Guarantee increased CO2 emissions by 3.2 million tonnes over the period October 2022-April 2023—double the achievements of UK climate mitigation aid over the same period, which we estimate at a reduction of just 1.6 million tonnes of CO2, demonstrating that when it is expedient...
Blog Post
November 23, 2022
Living up to the challenge of limiting global temperature rise to 1.5°C, especially after meagre emission reduction outcomes at COP 27, will not only require much more finance but also much more effective climate finance—from both the public and private sectors. The world will need to develop new te...
POLICY PAPERS
November 03, 2022
Pull financing is a powerful but underused mechanism for incentivising progress on hard-to-tackle social problems for which innovation or the take-up of innovation may be part of the solution. It should become part of the ongoing landscape for climate and development work. This paper sets out the sp...
Blog Post
November 03, 2022
In a new paper, we set out the case for using pull financing to solve problems that affect both development and climate outcomes by incentivising transformational change through technical innovation or massive-scale production and distribution of existing technologies. However, one big question our ...
Blog Post
November 03, 2022
Pull financing is a powerful but underused mechanism for incentivising progress on hard-to-tackle social problems for which innovation or the take up of innovation may be part of the solution. In a new paper, published today, we argue that pull financing can play an important role in the generation ...
Blog Post
March 03, 2022
The US Development Finance Corporation (DFC) works to spur private investment in support of foreign policy and development goals. The DFC opened its doors in January 2020, built on the foundations of the former Overseas Private Investment Corporation (OPIC) and USAID’s Development Credit Authority. ...
Op-Ed
December 06, 2021
As climate pledges pile up, a worrying theme is emerging that bold efforts by rich nations to decarbonize the global economy will be ruined by hordes of new consumers in the developing world buying cars, installing air conditioning, and taking planes. China’s and India’s rapid development and steep ...
Blog Post
September 27, 2021
The debate over whether development finance should be allowed for downstream gas projects appears to be settling toward a compromise that makes such investments rare but not impossible. But will it be so in practice? Lessons from a previous (eerily similar) compromise suggest that any flexibili...
POLICY PAPERS
August 13, 2021
The purpose of a nation’s power sector is to deliver reliable electricity at the lowest cost and for the greatest benefit. At the heart of any private electricity generation project is a Power Purchase Agreement (PPA), a contract that contains key provisions such as price, payment stipulations, and ...