By Naomi Frim-Abrams On April 10, 2024, the Human Capital Initiative hosted Soledad Artiz Prillaman for the third Spring Research Seminar, “The Patriarchal Political Order: The Making and Unravelling of the Gendered Participation Gap in India.” Prillaman is an Assistant Professor of Political Science at Stanford University and the faculty director of the Stanford Inclusive […]
Developing countries, home to the most economically disadvantaged populations vulnerable to climate change, are under pressure to reduce carbon dioxide (CO2) emissions to minimize damage from environmental externalities. The amount of CO2 emissions is highly unequal among countries, both in historically cumulative terms and in current per capita terms. Historically, rich and developed countries have been […]
By Samantha Igo On Thursday, April 11, the Boston University Global Development Policy Center (GDP Center) hosted a webinar to discuss findings from a recent report on the role of development finance institutions (DFIs) in the early phase-down of coal plants. The webinar featured a presentation on the report from Niccolò Manych, GDP Center Post-doctoral […]
The global community’s efforts on climate change have yet to demonstrate the urgent need for immediate action. However, there is now a growing convergence that increasing levels of sovereign debt are inhibiting bold and necessary action on climate and development. The Vulnerable Group of 20 (V20) Ministers of Finance, comprising 68 climate vulnerable economies, are […]
By Angie Ye During the week of March 25, members of the Global China Initiative (GCI) at the Boston University Global Development Policy Center (GDP Center) traveled to China to present their policy-oriented research to policymakers, engage in academic exchange with partner institutions, and connect with Boston University alumni based in China. Team members including […]
By Jwala Rambarran and Fahmida Khatun Developing countries require considerable capital investments to accelerate the shift to low-carbon economies, enhance resilience to climate shocks, address loss and damage, restore biodiversity loss and navigate the cross-border spillovers associated with the global climate transition. Estimates of these external financing needs converge around $1 trillion per year by […]
The Resilience and Sustainability Trust (RST) at the International Monetary Fund (IMF) fills a major gap in both the climate finance and balance of payments architectures. However, the RST will lack effectiveness without significant reform. When viewed against the resource mobilization challenges that emerging market and developing economies face, it is especially important for the […]
On April 12, just prior to the 2024 International Monetary Fund (IMF)/World Bank Group Spring Meetings in Washington, D.C., the IMF Executive Board voted to renew Kristalina Georgieva as IMF Managing Director for a second five-year term starting in October. In her first term, Georgieva played an instrumental role in the Fund recognizing climate change […]
By Marina Zucker-Marques Investing in development and climate while maintaining economic and financial stability is a balance that emerging market and developing economies (EMDEs) need to strike in order to meet the United Nations 2030 Agenda for Sustainable Development and the Paris Agreement. EMDEs (excluding China) need a major investment push to achieve the 2030 […]
Time is running out to achieve the goals set out in the United Nations 2030 Agenda for Sustainable Development and the Paris Agreement. Not meeting these goals will have tragic impacts on the lives of present and future generations; yet, emerging market and developing economies (EMDEs) are facing conditions that inhibit their ability to mobilize […]