A CGD blog with Clemence Landers. Last week, the World Bank released a draft of the IDA21 replenishment report for comment by external stakeholders. Six of CGD’s senior researchers dissected the draft report and the most recent iteration of the policy package on the issues we follow most closely. Here are our reactions.

A CGD blog. This year’s COP climate conference is up and staggering in in Baku, Azerbaijan. A bigger climate finance promise won’t help unless it is wrapped around with commitments to existing development finance. And, under business as usual, it will make things positively worse.

A CGD blog. We have rolled around once again to the time of year when climate negotiators stare hungrily at the balance sheets of banks and institutional investors and demand trillions in investment at the COP, while international financial institutions promise to help mobilize that investment at the IMF/World …

A CGD blog. Former White House National Economic Council Director and CGD Board Member Brian Deese has proposed the US launch a Clean Energy Marshall Plan to support zero-carbon infrastructure rollout in developing countries. The idea has attracted significant attention and commentary, some of which has noted t…

A CGD blog with Clemence Landers. If Banga’s $100 billion total replenishment target is met by making IDA more expensive, the champagne should remain corked. Far better for the World Bank’s president to declare that donors have failed the institution and the world’s poorest countries than to try to engineer a trainwreck to look like…

A CGD blog. Nobody doubts China is a world power. But it is still underpowered at a number of global institutions. China could make progress in fixing that problem at the World Bank by increasing its contribution to IDA, the Bank’s soft lending arm for the world’s poorest countries, in the ongoing replenishment…

A CGD blog. Over the past three years, I have been pushing an idea developed with Scott Morris of a climate-dedicated capital increase at the World Bank Group as likely the most plausible and efficient route to generate the levels of global financing required to speed climate mitigation efforts in developing co…

A CGD blog with Scott Morris. As Asia and the Pacific transitions from demographic dividends to deficits, policies focusing on labor mobility and regional cooperation are essential. Investing in human capital and flexible migration policies can address workforce imbalances, ensuring continued economic growth and stability across…

A CGD blog. The work of USAID in Ukraine is also a sign of what foreign aid can accomplish when it uses the right tools to deliver. It is time that far more overseas assistance was allocated through recipient governments rather than Beltway contractors.

A CGD blog. The gap between parties on international economic policy is often smaller than the gap between consensus positions over time. While the Biden Administration has introduced migrant-supporting measures including relief for the undocumented spouses of citizens and community sponsorship of refugees, bot…