By Zara C. Albright On Thursday, February 17, 2022 the Boston University Global Development Policy (GDP) Center hosted Dr. Stephen B. Kaplan, Associate Professor of Political Science and International Affairs at the George Washington University, to discuss his new book Globalizing Patient Capital: The Political Economy of Chinese Finance in the Americas. The webinar was […]
In 2018, overseas energy financing by China’s two global policy banks—the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) —was at its lowest level since 2013. These two banks provided just $8.62 billion to foreign countries in financing for energy sector activity overseas in 2018, down 69 percent from the $28.04 billion […]
In 2019, overseas energy financing by China’s two policy banks with global operations —the China Development Bank (CDB) and the Export-Import Bank of China (CHEXIM) —was at its lowest level since 2008. In 2019, China’s policy banks issued only three loans for energy projects totaling just $3.2 billion, down 71 percent from the $11.08 billion […]
By Rishikesh Ram Bhandary With its universal role and influence over economic policy, the International Monetary Fund (IMF) can make or break countries’ climate-related commitments. The IMF has the mandate to safeguard the stability of the global financial and monetary system. How the IMF pursues its mandate while facilitating action on climate change is a […]
By Pamela Icyeza On November 1, 2021, Alden Young, historian of Northeast Africa and Assistant Professor at the University of California, Los Angeles, gave a talk as part of the 2021 Walter Rodney Seminars at the Boston University African Studies Center co-sponsored by the Boston University Global Development Policy Center. In his talk, Young discussed […]
In September 2021, Chinese leader Xi Jinping announced at the 76th United Nations General Assembly that China would increase support for low-carbon energy in developing countries and not build new coal-fired power projects abroad. Since then, much debate has ensued as to the exact policy details of the announcement. In considering the words ‘build’ and […]
By Maureen Heydt From October 31-November 12, the 2021 United Nations Climate Change Conference, also known as COP26, will take place in Glasgow, Scotland. The summit seeks to bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change. World leaders, policymakers, researchers, journalists, activists […]
On October 31, 2021, the Group of 20 (G20) made a historic announcement by committing to end finance for coal-fired power plants overseas. The G20 pledge caps a year of major sustainable finance pledges from national governments and their development finance institutions (DFIs) since the inaugural 2020 Finance in Common Summit, where DFIs pledged to […]
By Maureen Heydt From October 31-November 12, the 2021 United Nations Climate Change Conference, also known as COP26, will take place in Glasgow, Scotland. The summit seeks to bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change. World leaders, policymakers, researchers, journalists, activists […]
By Yan Wang After over 70 years of development since World War II, most emerging markets and developing countries still lag behind advanced industrial countries with large income gaps. In the 1950s-1970s, China was poorer than most African countries, but after 40 years of rapid growth, the per capita income of Chinese people is twice […]