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Blog Post
May 23, 2024
In this blog we summarise our new analysis, in which we estimate with a high level of confidence that over $100bn of climate finance was indeed provided in 2022. In our central estimate, we project $106.8bn of climate finance was provided, meeting the goal in the OECD’s interpretation. We also consi...
CGD NOTES
May 23, 2024
Developed countries committed to provide or mobilise $100 billion (bn) per year in climate finance by 2020. Although that goal was missed, the OECD suggested last year that it was likely that the goal had been met in 2022. In this note, we use newly available bilateral and multilateral finance data ...
Blog Post
May 16, 2024
Development cooperation has reached a crossroads. Humanitarian needs are rapidly increasing as violent conflicts erupt and continue, and geopolitical rivalry is contributing to a more fragmented development landscape. Difficult economic conditions in many of the poorest countries are paired with shr...
Apr
18
2024
HYBRID
Washington, DC
9:00—10:00 AM ET / 2:00-3:00 PM BST
March 27, 2024
In the margins of the 2024 World Bank IMF Spring Meetings, the Center for Global Development is set to convene leading development policymakers to discuss the implications of the changing landscape for Official Development Assistance (ODA) and explore how—and on what—to use it most effectively.
Blog Post
March 21, 2024
Many developing countries are facing an impossible situation. With the impact of cascading crises, the gulf between their financing needs and the resources available to them is widening. The combination of elevated interest rates, weakening currencies and low credit ratings are excluding them from c...
POLICY PAPERS
March 21, 2024
Already constrained by the economic aftershocks of COVID-19, the impact of the war in Ukraine, and the food and climate crisis, low-income countries and lower-middle-income countries now face a combination of soaring debt and high interest rates. Confronted with insufficient liquidity to respond to ...
CGD NOTES
March 20, 2024
Development finance institutions (DFIs) and bilateral development agencies play different yet complementary roles that ultimately aim to achieve the Sustainable Development Goals. But questions remain about how well this relationship works in practice. Recent analysis suggests that DFI and developme...
Apr
17
2024
HYBRID
Washington, DC
10:30—11:30 AM ET / 3:30-4:30 PM BST
March 19, 2024
During the 2024 Spring Meetings of the World Bank and IMF, CGD will host EIB President Nadia Calviño for an event, during which she will discuss her approach to the challenges she faces and the new EIB Group strategy recently endorsed by 27 Europe’s finance ministers.
Blog Post
February 23, 2024
The Re-thinking Development Cooperation (RDC) Working Group has established itself as a novel informal forum for building partnerships and strengthening learning both from, and about, participating agencies. We reflect on the first year of this new initiative; highlight key lessons from the group’s ...