Center for Global Development

Center for Global Development

@cgdev.org

The leading think-and-do tank for #globaldev🌍 Celebrating 20+ years of independent research & ideas for global prosperity. mediarelations@cgdev.org

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Center for Global Development
@cgdev.org

The UK could miss even its reduced aid spending target, according to new CGD research featured in @theguardian.com. @ianmitchell1.bsky.social and Kate Mannering find that spending could fall £410m short in 2027, despite the target already being a historic low. https://go.cgdev.org/3Wb6uBZ

go.cgdev.orgWill the UK Miss Its Much-Reduced Aid Target?We analyse the UK’s aid spending plans against the latest economic forecasts and find that the government is on course to miss its already-reduced 0.3 percent aid target by £412 million in 2027.

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Publish What You Fund
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Replying to @publishwhatyoufund.bsky.social

Aid budgets are shrinking, need is rising and aid's legitimacy is under scrutiny. Join us and @cgdev.org for a first look at the results and a discussion on data, public trust and what the changing politics of aid, incl. USAID's closure, mean for transparency. 👉 Register #AidTransparency

cgdev.orgDo Trust and Transparency Still Matter? Launch of the 2026 Aid Transparency IndexJoin Publish What You Fund and the Center for Global Development to hear the headline findings and themes from the 2026 Aid Transparency Index, the leading global assessment of the transparency of maj...
Center for Global Development
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As aid budgets shrink, knowing what works matters more than ever. Yet less than 1% of development aid went toward rigorous evidence generation from 2010–2025. Michelle Rao, David Gentili, and @markusgold.bsky.social examine why protecting this investment matters. www.cgdev.org/blog/donors-...

cgdev.orgDonors Weren’t Spending a Lot on Evidence. It’s Now Going Off a Cliff.Over the past two decades, the development community has made substantial progress in evidence generation. Donor agencies drove much of that progress by funding evaluations, research programmes, and t...

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Jonathan Beynon
@jonathanbeynon.bsky.social

New @cgdev.org paper with Philip Mann on how Article 6 carbon markets can best deliver meaningful development benefits worth tens of billions of dollars. Yes, carbon market integrity matters, but other key policy choices by developed and developing countries matter too. www.cgdev.org/blog/how-can...

cgdev.orgHow Can UN Carbon Credits Finance Development?Much of the discussion, past and present, on carbon markets has rightly focused on integrity—whether they deliver genuine emissions reductions. But can Article 6 materially contribute to sustainable d...
Center for Global Development
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What can the World Bank teach the US about results-based health financing? CGD's Jocilyn Estes and Rosie Eldridge examine 46 health projects worth $13.6B, finding fewer than 2% of funding-linked indicators measure health outcomes. Explore the lessons: www.cgdev.org/publication/...

cgdev.orgThe Devil Is in the DLIs: What Program-for-Results Health Operations Can Teach the State Department About Results-Based FinancingAs the US State Department officials craft implementation plans for more than 30 bilateral agreements signed with partner countries, the question of how to design results-based indicators is more urge...
Center for Global Development
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Could sovereign loans help US foreign aid go further? @clemencelanders.bsky.social, @ecollinson.bsky.social, and Justin Hurley's new proposal makes the case for a small, transparent US lending pilot. www.cgdev.org/publication/...

cgdev.orgRestocking the Toolkit: The Case for US Concessional Sovereign LoansFor decades, the United States has relied almost exclusively on grants to deliver foreign assistance. While grant-based assistance remains essential in the poorest countries and for meeting health and...
Center for Global Development
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What's holding back renewable energy investment in #LatinAmerica and the #Caribbean? New CGD and IDB research examines regulatory and financing barriers and explores what these findings mean for policies aimed at unlocking private investment. www.cgdev.org/publication/...

cgdev.orgInvestor Perceptions of Barriers to Renewable Energy Investment in Latin America and the CaribbeanClosing Latin America and the Caribbean’s infrastructure gap will require a sustained increase in private investment, particularly in the energy sector. Despite the region’s abundant renewable resourc...

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Charles Kenny
@charlesjkenny.bsky.social

From new paper by Cathy Pattillo: We're approaching historical highs for the proportion of the world's poorest countries transferring more to the IMF than the IMF transfers to them.

Center for Global Development
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Low-income countries could soon repay more to the IMF than they receive in new financing. CGD's Catherine Pattillo examines why net flows are projected to turn negative by the end of the decade and how IMF lending policies could shape what comes next. https://go.cgdev.org/4zJ0DlV

go.cgdev.orgA Shift Toward Net Repayment? Low-Income Countries’ Changing Net Financial Relationship with the IMFLow-income countries (LICs) are moving toward repaying more to the IMF than they receive in new disbursements. Aggregate net flows from the Poverty Reduction and Growth Trust (PRGT) to LICs are projec...
Center for Global Development
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Domestic debt restructuring can disrupt monetary policy and strain banking systems. Drawing on 17 restructuring episodes and cases from Jamaica, Barbados, and Ghana, Udaibir S. Das and David Grigorian examine the implications for economic recovery. https://go.cgdev.org/4eCSzuD

go.cgdev.orgDomestic Debt Restructuring, Central Bank, and Monetary Policy in EMDEs: Lessons from Recent Country CasesDomestic debt restructuring (DDR) in emerging markets and developing economies is a monetary and financial event as much as a fiscal one. DDR reallocates losses across three interconnected balance she...
Center for Global Development
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How can we evaluate #healthcare #AI when the technology evolves faster than traditional clinical trials? @mcdonnell.bsky.social explores how platform trials could generate reliable evidence faster and help bring effective AI innovations to patients. www.cgdev.org/publication/...

cgdev.orgLearning at the Speed of AI: Using Platform Trials to Test AI InnovationAI has the potential to transform healthcare, but traditional clinical trials struggle to keep pace with rapidly evolving technologies. This paper argues that standing research infrastructure, includi...
Center for Global Development
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The EU has committed €22B to Central Asia through Global Gateway. How can these investments create more opportunities? @helen-dempster.bsky.social, Martin Raiser and Mauro Testaverde explore how linking infrastructure, skills development and labor mobility could boost impact. go.cgdev.org/4z4wT36

cgdev.orgMaximizing the Impacts of the Global Gateway in Central Asia by Linking Infrastructure, Skills, and MobilityLaunched in 2021, the Global Gateway is the EU's flagship external investment strategy. In Central Asia alone, the EU has committed €22 billion, including a €12 billion package announced at the April ...
Center for Global Development
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The World Bank is undergoing major restructuring, but what's driving the changes? @charlesjkenny.bsky.social raises concerns about declining transparency and calls for clearer explanations of the reforms and lessons from past reorganizations. https://go.cgdev.org/4scPTte

cgdev.orgThe World Bank is Ripping Itself Apart. It Would Be Nice to Know Why.There is clearly continuing organizational upheaval at the World Bank including restructurings, mergers, dramatic HR policy changes, separations, and decentralization. What there appears to be remarka...
Center for Global Development
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MDBs mobilize $108B in private finance annually, yet global financing needs remain far greater. Jürgen Zattler, Kathrin Berensmann, and Yabibal Walle explain why private sector mobilization must be measured by more than leverage ratios. www.cgdev.org/blog/private...

cgdev.orgPrivate Sector Mobilisation: Are We Missing the Bigger Picture?Amid pressing development needs and empty public purses, the Governors of the World Bank will discuss (one time more) how to mobilise private capital at scale, a pledge the international community has...
Center for Global Development
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📢 We're hiring! CGD is seeking a Policy Fellow to help lead research and policy engagement for our new AI Initiative, focused on effectiveness, access, and transformation in low- and middle-income countries. 📍 DC or London 📅 Apply by November 2 https://go.cgdev.org/4yMKfka

go.cgdev.orgPolicy Fellow – AI Initiative - DC or London - Center for Global Development - Career PageApply to Policy Fellow – AI Initiative - DC or London at Center for Global Development in Washington, DC.

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Rachel Glennerster
@rglenner.bsky.social

How can countries prepare workers for an AI-driven future? 💼 At the #WBGMeetings, I sat down with @gabrieldemombynes.bsky.social of the World Bank Group to discuss how #AI could reshape labor markets and why foundational skills like literacy and numeracy remain essential.

Center for Global Development
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At the #WBGMeetings, CGD's Mikaela Gavas spoke with with Mavis Owusu-Gyamfi, President and CEO of the African Center for Economic Transformation (ACET), about navigating geopolitical tensions, strengthening coordination among think tanks, and turning policy solutions into action.

Center for Global Development
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As borrowing costs rise, how can countries manage growing debt burdens? At the #WBGMeetings, CGD President @rglenner.bsky.social spoke with IMF Fiscal Affairs Director Rodrigo Valdés about sustainable debt levels, fiscal pressures, and the difficult policy choices ahead.

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Rachel Glennerster
@rglenner.bsky.social

How resilient is the global economy, and who bears the greatest risks when that resilience is tested? At the #WBGMeetings, I've been reflecting on the vulnerabilities beneath the optimistic economic outlook, particularly the risks facing low- and middle-income countries.

Center for Global Development
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How has Asia weathered back-to-back trade and energy shocks? At the #WBGMeetings, CGD President @rglenner.bsky.social spoke with Krishna Srinivasan of the IMF about the region's resilience, the AI boom, and its contribution to more than two-thirds of global growth this year.

Center for Global Development
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How can the international financial system better support investment, resilience, + inclusive growth? At the #WBGMeetings, Masood Ahmed joined a discussion w/ Ed Miliband, Trevor Manuel, Sri Mulyani Indrawati, + Shriti Vadera on rising debt, fiscal pressures, and the future of development finance.

Center for Global Development
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Can Senegal avoid another prolonged debt restructuring? David Grigorian, senior fellow at @harvardbizgov.bsky.social, outlines five reforms to make the G20 Common Framework more transparent, timely, and predictable. https://www.cgdev.org/blog/senegals-referee-problem

cgdev.orgSenegal’s Referee ProblemSenegal’s external creditors recently met for the first time in a session chaired by the IMF. Creditors received an update on Senegal’s financial situation, including its economic reform program and d...
Center for Global Development
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Are multilateral development banks reforming fast enough to meet growing development needs? Homi Kharas and Masood Ahmed outline six priorities to accelerate reform, mobilize private capital, and strengthen support for the poorest countries. https://go.cgdev.org/3VMA6p3

go.cgdev.orgMore Critical Than Ever: Strengthening Growth and Resilience through the Multilateral Development BanksThere is an urgent imperative to deliver on sustainable growth, climate and resilience through a push on investments in sustainable infrastructure and human capital. With sharp declines in investment,...
Center for Global Development
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Where are global remittances flowing, and which countries depend on them most? @samhuckstep.bsky.social and @mclem.org update the global remittances matrix with 2024 data, highlighting migration patterns, economic vulnerabilities, and the need for better data. www.cgdev.org/publication/...

cgdev.orgThe Geography of Remittances: An Updated Global Bilateral Remittances MatrixRemittances are increasingly important, but their information landscape has sadly only worsened in recent years: as a public good and for better policy, better data is sorely needed.
Center for Global Development
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🔴 Starting soon: As aid declines and debt burdens rise, how can low-income countries invest in growth? Join CGD live from the #WBGMeetings to explore the IMF's evolving role in supporting low-income countries. 📺 5:30 AM EDT / 4:30 PM ICT (Bangkok): go.cgdev.org/4rUOasE

Center for Global Development
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Most low- and middle-income countries lack routine blood lead testing. 💉 Siddhartha Haria, Eric Trueswell, and William Seitz explain how affordable fingerprick tests could help countries expand screening and identify lead exposure now. https://go.cgdev.org/4yh5CJa

go.cgdev.orgThe Case for Scaling Fingerprick Blood Lead TestingWe should scale up blood lead testing now. Fast, easy-to-use fingerprick tests are already widely used in surveillance programs in the US and other high-income countries. These tests cost less than ot...
Center for Global Development
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With aid shrinking and borrowing costs high, low-income countries face growing financing pressures. Catherine Pattillo examines whether the IMF should expand its financial role as net financing is projected to turn negative around 2030. https://go.cgdev.org/4yOmjgp

go.cgdev.orgAs Other Financing Retreats, How Should the IMF’s Net Financial Role in Low-Income Countries Evolve?The International Monetary Fund’s financial relationship with low-income countries (LICs) is approaching a historically rare shift. The share of LIC borrowers repaying more to the IMF than they receiv...
Center for Global Development
@cgdev.org

Development banks are increasingly responding to global crises, but at what cost to long-term development? Nancy Lee explores the IMF/MDB role shift and how temporary debt payment relief could help countries weather shocks without taking on more debt. www.cgdev.org/blog/ifi-eme...

cgdev.orgIFI Emergency Finance: IMF-MDB Role Reversal and Adding to the ToolkitIn the wake of the Mideast conflict, a consequential shift is occurring in the international financial architecture: MDBs are taking up the role of first responders to crises. As of early September, 8...
Center for Global Development
@cgdev.org

How can developing countries escape the high debt-low growth trap? Ahead of the #WBGMeetings, Masood Ahmed explores a new proposal to help up to 40 countries access affordable financing, pursue reforms, and invest in growth. www.cgdev.org/blog/debt-gr...

cgdev.orgFrom Debt to Growth: A Practical Proposal to Help Developing Countries with Ambition Exit a High Debt-Low Growth TrapThe burden of unsustainable debt and crippling interest bills has been high on the international agenda for some years. Declarations from the UN Secretary-General, the Pope, the president of the Afric...
Center for Global Development
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As UK and US aid to #Malawi shrinks, could #Scotland step up? New analysis by @ianmitchell1.bsky.social and Kate Mannering examines how £50M in annual Scottish support could help sustain vital development programmes and save lives in Malawi. https://go.cgdev.org/4rQHmw0

go.cgdev.orgCould Scotland Step Up as Aid to Malawi Is Cut?In this blog, we look at Scotland’s unique role on international development. We show that to meet the UN target for aid as an independent Scotland would cost just under an additional £1 billion per y...
Center for Global Development
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As funding for education in emergencies tightens, how can school meal programmes make the most of limited resources? New CGD research examines costs, coverage, and delivery across programmes in 31 countries and where greater efficiency may be possible. https://go.cgdev.org/4ibFyJR

cgdev.orgSchool Meals in Crisis Settings: Costs, Trade-offs, and Delivery Choices in Education-in-Emergencies ProgrammesSchool feeding is increasingly incorporated into education-in-emergencies (EiE) responses, yet systematic evidence on its cost, scale, and delivery remains scarce. This evidence gap matters as humanit...
Center for Global Development
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#China's contributions to multilateral development institutions have grown more than 10x since 2010, exceeding $3B in 2024. But its funding remains highly selective. New analysis by Beata Cichocka and @ianmitchell1.bsky.social explores what this means for multilateral reform. go.cgdev.org/4iaX0yY

cgdev.orgChina in the Multilateral Development SystemThis paper updates an earlier analysis of China’s role across multilateral development banks, vertical funds, and development-oriented UN entities, examining China as shareholder, contributor, borrowe...
Center for Global Development
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With aid budgets shrinking, keeping more countries eligible for ODA comes at a cost. CGD’s Euan Ritchie argues that if the DAC wants to expand or preserve eligibility for some countries, it should also ask which wealthier countries no longer need ODA. go.cgdev.org/4j59wBd

go.cgdev.orgWant to Keep More Countries Eligible for Aid? Take Others Off the ListWhich countries should be eligible to receive official development assistance (ODA), and which should no longer qualify? Aid budgets are shrinking, so unless keeping more countries eligible reverses this trend (which is vanishingly unlikely) there is a ...
Center for Global Development
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The next @who.int Director-General will face tough choices about the organization’s future. @peterbaker17.bsky.social and Ainhoa Petri-Hidalgo propose 3 tests for candidates: 1️⃣ What’s your vision? 2️⃣ What should WHO stop doing? 3️⃣ Will you prioritize WHO’s unique global role? go.cgdev.org/4zjb5jJ

go.cgdev.orgThree Tests for the Next WHO Director-GeneralThe election of the World Health Organization's (WHO) next Director-General comes at a pivotal moment for the organization. Mounting geopolitical tensions, the exit of the United States, and global aid cuts are all placing increasing pressure on the org...