By Amanda Brown On November 17, 2022, the Boston University Global Development Policy Center hosted Katrin Kaufer and Lily Steponaitis to discuss their book, “Just Money: Mission-Driven Banks and the Future of Finance,” as part of the Fall 2022 Global Economic Governance Initiative Book Talk series. Kaufer and Steponaitis take readers on a global tour […]
By Hua-Ke (Kate) Chi While countries worldwide gauged progress towards greenhouse gas emissions reduction targets at the recent climate talks in Egypt, China continues to be the world’s top carbon dioxide emitter. Although many countries have committed to carbon neutrality, global methane emissions have increased by 10 percent in the past 20 years. Methane is […]
In order to achieve a 1.5°C warming scenario, many countries have announced their ambition to achieve net-zero greenhouse gas (GHG) emissions in the next few decades. However, in addition to carbon dioxide, other key GHGs such as methane will require attention in order to achieve this goal. In the past 20 years, global methane emissions […]
In 2009, the International Monetary Fund (IMF) approved reforms to make short-term operations available to low-income countries and reform lending to higher-income countries. Many scholars have noted that the 2008 Global Financial Crisis appeared to loosen austerity measures in favor of more counter-cyclical approaches. However, it remains an open question whether the IMF followed through […]
By Purvaja Modak On December 1, India will succeed Indonesia as president of the Group of 20 (G20), kicking off a yearlong presidency that culminates in the summit in New Delhi on September 9-10, 2023. Indian Prime Minister Narendra Modi has recently returned from the Bali G20 Summit held on November 15-16, 2022, with a […]
In parallel to a chaotic 27th UN Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt, leaders of Group of 20 (G20) countries met in Bali, Indonesia from November 15-16 for the G20 Leaders’ Summit against a backdrop of worsening climate impacts, an ongoing energy crisis, Russia’s war in Ukraine and skyrocketing inflation. Expectations for the […]
By Amanda Brown On September 20, 2022, Professor Gustav ‘Gus’ Fritz Papanek, renowned development economist who devoted 50 years of work to the field, passed away – leaving behind an impressive academic legacy. As President of the Boston Institute for Developing Economies (BIDE) and Professor of Economics Emeritus at Boston University (BU), he was committed […]
By Jiajun Xu and Kevin P. Gallagher According new research by the United Nations, swift and radical transformation towards renewable energy systems is needed to achieve the goal of the Paris Agreement on Climate Change, but there is a wide gap between need and delivery. In a new journal article published in Studies in Comparative International Development, we […]
By 2030, global emissions of greenhouse gasses (GHGs) must drop by 45 percent from 2010 levels to stay on a 1.5° path, while the cost of inaction could be as high as 4 percent of US growth domestic product. For the world to meet the decarbonization and climate mitigation goals set out in the Paris […]
By Maureen Heydt Africa is bearing the brunt of the climate crisis despite having done little to contribute to it, at 3.8 percent of global emissions. Against a backdrop of devastating floods and drought, Africa receives approximately 5 percent of global climate finance flows. Meanwhile, the ongoing COVID-19 pandemic, Russia’s war in Ukraine, rising levels of […]