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Climate change affects the world’s poorest first and worst. Yet it is a problem the whole world shares that can only be addressed through international cooperation. CGD’s work on climate finance looks at economic incentives that benefit us all—by helping developing countries work together with other governments, institutions, and corporations to reduce emissions.
1. Achieving climate stability requires conservation of tropical forests. 2. Protecting tropical forests could lower the overall costs and accelerate the achievement of global climate stability. 3. Forests generate many non-climate goods and services that are essential to meeting sustainable development goals. 4. Advances in technology have made stopping forest loss feasible. 5. Rich countries and international organizations should act now to scale up REDD+ payment-for-performance agreements.
President Trump’s recent decision to pull the United States out of the Paris climate agreement—what does it mean for the agreement? For the climate? And for the US? CGD senior fellows Scott Morris, director of CGD’s US Development Policy Initiative, and Jonah Busch, coauthor of the recent book on climate change Why Forests? Why Now?, join this week’s podcast to discuss.
Last Thursday President Trump announced he’d withdraw the United States from the Paris climate agreement—a shameful act of self-harm. Condemnation has been swift, widespread, and gratifying. But if dangerous climate change is to be prevented then dissenting statements must be backed up with strong climate policies. Fortunately some countries, states, cities, and businesses are already matching words with deeds on climate. Here’s a rundown.
Are some countries too poor to consume a lot more energy? Or is income growth being held back by a lack of reliable and affordable electricity? While there is a strong relationship between energy consumption and income, the direction of causality is often far less clear. One way to estimate unmet demand may be to try to compare pairs of countries—e.g., how much additional energy does Kenya need to reach the level of Tunisia?
A decision by President Trump to remove the United States from the 2015 Paris climate agreement would be a shameful act of self-harm. The decision would hurt everyone in the world, and poor people most, by making it harder to avoid a future of bigger storms and fires, disappearing coastlines, and tougher crop-growing conditions. But the most severe and immediate harm would be to the United States, which by banishing itself from the community of nations trying to prevent dangerous climate change would irrevocably damage its global standing.
Most discussions of the linkage between forests and poverty—including one last week at the United Nations Forum on Forests (UNFF)—focus on how to increase income to poor households from the harvest and sale of forest products. But at least as much attention should be paid to forest destruction as a pathway to the further immiseration of poor people.
Energy has fueled economic and social development worldwide. From the US to China to South Africa, energy has enabled countries to increase incomes and standards of living. In turn, expanding middle classes have increased their energy consumption. How can developing countries, especially middle-income countries, dramatically scale up energy use, and provide access to modern energy services to the billions who lack them, while keeping GHG emissions within the global goal of limiting dangerous temperature rise to 2 degrees Celsius, or even better 1.5 degrees?