The first-of-its-kind NCF Tracker identifies 46 funds across 39 countries, showing how these funds vary by host country, legal design, scope, mobilized finance, and the level of success in attracting resources from multilateral climate funds.
Professor Mehrling argues the international system is tiered, one that is a global dollar system, with the Fed operating as the de facto global central bank providing international lender of last resort support to the system.
“Without private financial institutions buying into defunding coal energy production, we will not meet our global climate and development goals.”
“The IMF should suspend these surcharges immediately to give member states this breathing space, and to give the IMF the incentive to rethink its business model.”
Over the next 18 months, the Task Force will engage in and utilizes rigorous, empirical research to advance IMF policies that align international financial stability and growth with global climate goals
Professor Gallagher offered comments on President Xi Jinping’s announcement that China will end its support for new coal power projects overseas in multiple global publications including Associated Press, Forbes, Quartz, The New York Times, The Independent, and Aljazeera.
“While the World Bank’s development projects are not without their risks to biodiversity and Indigenous communities, the approach to environmental and social risk management taken by China as the world’s largest bilateral lender has global ramifications.”
“Under Karra’s methodology, measures of unmet need among different populations of women are on average five to six percentage points higher than the standard measures of unmet need that are currently used by the DHS.”
Co-authored by the GDP Center, the Heinrich Böll Foundation and the Centre for Sustainable Finance at SOAS, University of London, the report proposes an ambitious blueprint for designing debt relief to secure green, resilient and inclusive development.
The EU-MERCOSUR free trade agreement would represent the largest trade deal for both blocs in terms of number of citizens involved, but is likely to be a step toward less productive, more unequal and more vulnerable economies in both blocs.
The GDP Center, ISPI, and T20 National Coordinator and Chair, brought together varied proposals from MICs and the international community to address the MICs’ external debt challenges.
The IMF has so far paid minimal and uneven attention to climate risks. If the IMF does not incorporate climate risks now, it won’t be able to change course for another 7-10 years.
“New rights can make everyone better off, because they expand the pie of resources households have access to, if they enable daughters to negotiate.”
“By relieving the debts of the poor and releasing the money to address climate change, we can start to change our world.”
Global Development policy (GDP) Center released a new working paper on the AIIB and NDB’s first four years of operation.
Prof. Kevin Gallagher says China is getting cautious about energy lending and don’t expect a bounce-back in 2020.
The Summer in the Field Research fellows participate in internship opportunities and field research related to the mission of the GDP Center.
Ban Ki-moon, the 8th Secretary-General of the U.N., spoke about the most pressing and immediate challenges in international development.
Prof. Julie Klinger discussed her new book Rare Earth Frontiers at the GDP Center’s China Global Research Colloquium.
Kevin Gallagher, Professor of Global Development Policy at the Pardee School, will serve as the director of the Global Development Policy Center.