By Samantha Igo As the Global South grapples with a deadly pandemic and growing climate concerns, the United Nations Development Program estimates developing countries and emerging economies owe close to $1.1 trillion in debt service payments in 2021 alone. Comprehensive debt relief is needed to avoid this looming crisis, but existing relief structures, such as […]
By Bridgette Lang According to the International Energy Agency (IEA), the world has added more than 530 GW of newly built hydropower generating capacity from 2000 to 2019, accounting for 40 percent of all capacity the world has built since the 1900s. China is not absent in this worldwide trend, and in fact, has been […]
Faced with pressure to deliver economic development, improve access to electricity, enhance energy supply security while simultaneously addressing the growing concerns about climate risks and impacts, many countries around the world have turned to hydropower in recent years. According to the International Energy Agency (IEA), the world has added more than 530 GW of newly […]
On July 9-10, 2021, the Finance Ministers and Central Bank Governors (FMCBGs) of the G20 gathered in Venice, Italy for their third official meeting under the Italian G20 Presidency. The communique, or readout, summarizes the discussions and agreements the FMCBGs came to during the meeting. While acknowledging that the overall global outlook has improved since […]
By Victoria Chonn Ching China’s overseas investments have experienced a significant upward trend since the start of the 21st century, positioning the country as an important source of investments and raising questions about their impact in many countries. Latin America is no exception. What is the influence of China’s investments in Latin America? More specifically, […]
Economically, the asymmetry between China and Latin America has led to discourses that underline the prevalence of China’s interests over those of Latin American countries, given China’s position as the more powerful player. Politically, greater attention has been placed on how China could be using its economic leverage to advance political and ideological gains. But […]
By: Paula Torrez-Ortiz The Global Economic Governance Initiative (GEGI) within the Boston University Global Development Policy Center works to advance policy-relevant research on international financial, trade and development institutions that play a leading role in global economic governance. As part of this work, the GEGI research team has released four interactive research projects that serve […]
By Xinyue Ma As more and more countries make concrete domestic decarbonization commitments, it is paramount that national pledges aren’t met by shifting fossil fuel investments overseas. At the G7 Climate and Environment Ministers meeting in May 2021, the group committed “to take concrete steps towards an absolute end to new direct government support for […]
At the June 2021 G7 Summit, leaders made a significant commitment to restrict international investments in coal, but the impact of the commitment was stymied by its exclusion of private finance. There is a misconception that the majority of new funding for overseas coal plants comes from public financing institutions in China, which is partly […]
By Rebecca Ray The triple crisis of public health, the global economy, and climate change are looming for the world, but focusing their havoc on developing countries in particular. While low and middle-income countries (LMICs) have faced wave after wave of the COVID-19 pandemic, the pandemic also made foreign capital and hard currency scarce, necessitating […]