CLIMATE & DEVELOPMENT FINANCE
Finance is a key enabler of structural transformation, but to achieve this, development finance institutions need to have the commensurate scale and instruments, as well as strong voice and representation for developing economies and their citizens.
The Global Economic Governance Initiative’s workstream on Climate and Development Finance explores the roles of development and climate finance institutions – including multilateral, regional and national development institutions and export credit agencies – in facilitating development, human well-being and environmental sustainability. This workstream conducts rigorous research, engages with policymakers and advances strategic communications towards these goals. A core priority of this workstream is to ensure that international and national financial institutions place development at the heart of their strategies for a low-carbon, climate resilient future.
The GDP Center is also a member of the Task Force on Climate, Development and the International Financial Architecture, a consortium of experts from around the world utilizing rigorous, empirical research to advance a development-centered approach to climate change across the international financial architecture (IFA). The Task Force believes it is imperative that the global community support climate resilience and transitions to a low-carbon economy in a just manner.
Research Highlights
Latest News & Publications
-
Resurgence to Retirement: Global Insights on Transitioning Away from Coal
April 28, 2026By Kaihui Song The year 2025 recorded the largest net addition to global coal capacity in over a decade, driven largely by China amid the country’s... [ More ]
-
Cutting Trees to Balance Budgets: International Monetary Fund Programs are Associated with Increased Deforestation
April 08, 2026International financial institutions (IFIs) are increasingly expected to support environmental and climate goals. Among them, the International Monetary Fund (IMF) plays a central role in... [ More ]
-
Chart of the Week: Debt Distress: The Hidden Barrier to Scaling Up Adaptation Finance
November 20, 2025By 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, [ More ]