Sovereign Stabilization Funds and the End of the Commodities Super-cycle: What are the Challenges?

La COP27 se déroulera du 7 au 18 novembre 2022 à Charm el-Cheikh, en Égypte, afin d’évaluer l’impact des mesures prises par les parties et les progrès accomplis dans la réalisation des objectifs de la Convention-cadre, à savoir stabiliser les concentrations de gaz à effet de serre à un niveau qui empêche toute perturbation anthropique dangereuse induite par l’homme du système climatique. Alors que la concentration de dioxyde de carbone dans l’atmosphère est plus forte que jamais, la ...

This year, the Conference of the Parties (COP27) will be held in in Sharm el-Sheikh, Egypt. On the outset of this auspicious occasion, it is befitting to reflect upon contemporary climate adaptation and mitigation policies, from a southern and African point of view. Indeed, climate change is one of the stickiest policy problems of the 21st century, because it is inherently a global and multidimensional problem entailing a bundle of policy features. Following the consecutives shocks ...

This chapter was originally published in CEPR's eBook "Scaling Up Sustainable Finance and Investment in the Global South" The world faces a huge shortage of infrastructure investment relative to its needs. With few exceptions, such as China, this shortage is even greater in non-advanced countries. The G20 Infrastructure Investors Dialogue estimated the volume of global infrastructure investment needed by 2040 to be $81 trillion, $53 trillion of which is needed in non- advanced cou ...

This publication was originally published in Project Syndicate    Mobilizing excess savings in advanced economies for much-needed investment in green infrastructure in emerging-market and developing economies will not be easy. But it is possible, if both the public and private sectors do their parts. WASHINGTON, DC – To spur development and fight climate change, emerging-market and developing economies (EMDEs) will need huge amounts of investment in green infrastructure over the ...