US Development Policy

For the US to back an American candidate as president disrupts an arrangement that has been fundamental to the bank’s effectiveness as a development institution investing in better lives and livelihoods in its borrowing member countries.

The US International Development Finance Corporation (DFC) is considering a change to its current ban on financing projects with a nuclear reactor, a relic holdover policy from its predecessor agency OPIC.

DFC put its foot on the pedal in its second board meeting. It is starting to lay the groundwork for a portfolio that is more skewed towards the difficult markets where its development dollars can have most impact. Over the coming months we also hope to see a portfolio expansion in LICs commensurate ...

The DFC has three mandates: (1) deliver development outcomes, (2) support US foreign policy, and (3) don’t lose money by financing only commercially viable projects. DFC’s predecessor agency, the Overseas Private Investment Corporation (OPIC), sometimes struggled to balance these (often conflicting)...

The unilateral ultimatum issued by President Donald Trump to the World Health Organization—"reform or else” in 30 days—raises the real possibility of a WHO without funds or governance participation from the United States. What would that mean in practice?

Beyond inclusive processes, the proposal reflects four key elements outlined below, all of which are aligned with past CGD proposals aimed at promoting global gender equality.