By Rebecca Ray From 2020-2022, China has presided over the Council of the Parties of the Convention on Biological Diversity (CBD COP). Their leadership has included the establishment of the Kunming Biodiversity Fund and the consideration of the Post-2020 Global Biodiversity Framework. Concomitantly, researchers at the Boston University Global Development Policy Center have been tracking […]
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 Amanda Brown As many multilateral development banks (MDBs) seek to align their financing with the Paris climate agreement and move away from fossil fuels, there is a question of whether China’s policy banks would move to fill a gap in fossil fuel financing left by MDBs, as they had with coal. This concern is […]
By Liaoguo Chen With the support of the Chinese government, the China Council for International Cooperation on Environment and Development (CCICED) was established in 1992. As a high-level international advisory body, CCICED focuses on core issues of environment and development and has contributed to championing sustainable development in China. CCICED has also worked to build […]
By Magalie Masamba In November 2020, a report by the SADC Centre for Renewable Energy and Energy Efficiency (SACREEE), the University of Pretoria Center for Human Rights (CHR), the Boston University Global Development Policy Center (GDP Center) and others found the SADC region could potentially attain full energy access and 53 percent renewable energy (RE) […]
With significant investment, the Southern African Development Community (SADC) region could attain full energy access and 53 percent renewable energy (RE) capacity by 2040 while on its way towards zero-carbon growth. However, there is increasing concern that SADC countries have become economically vulnerable and increasingly unable to take on more external debt due to the […]
As 2021 comes to a close and the world faces another year battling COVID-19, experts from our Global Economic Governance Initiative look back on the policy progress – and shortcomings – for the year, and highlight what to keep an eye on for 2022. Below, read key takeaways on vaccine equity, sovereign debt, global financial […]
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 […]
The 21st century has seen a surge in interest in development banking, characterized by waves of capital increases in existing banks and the creation of two new regional development banks (RDBs): the Asian Infrastructure Investment Bank (AIIB) and New Development Bank (NDB). Scholars have noted these banks’ creation was motivated in part by a perceived […]
As the COVID-19 pandemic induces public finance deterioration in many countries in the world, community health resilience and other social challenges, such as climate change and economic inequality, are making it imperative that countries receive enough support to invest in social infrastructure and sustainable growth. A new report from the Global Development Policy Center examines […]