Carbon pricing is widely regarded as the most efficient instrument for climate mitigation, and the carbon prices of individual countries are often used as the primary indicator of climate policy strength. However, in practice, both advanced and developing countries implement a combination of carbon pricing and non-pricing measures to reduce carbon emissions. Many countries, especially […]
By Tim Hirschel-Burns This blog is part of a blog series on past large-scale international investment programs and the lessons they provide for the investment push needed for development and climate action today. You can read the introduction to the blog series here. The Marshall Plan has become the definitive reference point for ambitious international […]
By Faiz Nawab When the Republic of Cabo Verde’s Fifth Prime Minister José Ulisses de Pina Correia e Silva visited Boston University on September 29th for a public conversation organized by the BU Global Development Policy Center (GDP Center), the Frederick S. Pardee School of Global Studies and the African Studies Center, students, faculty and […]
By Daniel Titelman As temperatures in Latin America and the Caribbean (LAC) heat up, economies in the region are cooling down. In August 2025, the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) released a new edition of its Economic Survey of Latin America and the Caribbean 2025, finding that LAC faces […]
By Tim Hirschel-Burns Political winds may have shifted in some major powers, but reality has not: a global investment push is needed. Only 18 percent of the Sustainable Development Goals (SDGs) are on track, setting the world on a course for low growth, instability and the mass waste of human potential. Last year was the […]
By Rishikesh Ram Bhandary and Tim Hirschel-Burns As negotiations at the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil go down to the wire, one of the key topics awaiting resolution is adaptation finance. Adaptation finance is geared towards helping countries address the impacts of climate change. It can include measures ranging from […]
By Angeline Mumararungu During my 2025 Summer in the Field Fellowship, I had the opportunity to pursue a research project exploring the effectiveness of equity-based incentives within the performance-based financing (PBF) model to enhance maternal and child health (MCH) outcomes in Rwanda. Partnering with the Ministry of Health, my goal was to understand how these […]
By Ericka Osses Climate change poses significant risks to the global economy by affecting labor productivity, influencing investment decisions and adding uncertainty to long-term planning. During my time as a 2025 Summer in the Field Fellow, I quantified the macroeconomic consequences of climate change across countries by working in the computer lab at Boston University. […]
The access to medicines discourse over the past 30 years has highlighted the myriad of obstacles to access experienced by low- and middle-income countries (LMICs). Already plagued by over-taxed health services systems, a limited health care workforce and other resource constraints, in the mid-1990s these countries faced a new constraint in the form of the […]
By Rishikesh Ram Bhandary and Marina Zucker-Marques Last week, the 30th United Nations Climate Change Conference (COP30) Presidency published the Baku to Belém Roadmap to $1.3T, which brings together a range of actions and reform measures that could help mobilize $1.3 trillion in climate finance by 2035. Last year at COP29, governments agreed on a […]