As 2022 comes to a close and the world confronts the “polycrisis,” researchers across the GDP Center highlight where progress has been made, where policy movement has stagnated + what to keep an eye on for 2023.

🧵for expert insights ⤵️

gdpcenter.org/2022InReview
1️⃣ In October 2022, @SecYellen asked for an evolution roadmap from @WorldBank to make the institution more fit-for-purpose.

@rishirbhandary says a 🔑 component of this is multilateral development banks substantially increasing their firepower.

gdpcenter.org/2022InReview
2️⃣ @han_cecilia considers if 🇨🇳China is hitting pause on the green energy revolution as coal remains the largest share of overseas power generating capacity financed by 🇨🇳China.

She says it must scale up support for renewable energy to meet commitments.

gdpcenter.org/2022InReview
3️⃣ For @MVKarra, it is clear that the ongoing pandemic will only create more barriers to access + exacerbate inequities in healthcare-seeking, particularly in already-strained contexts.

To mitigate them, clear + decisive policy action is needed.

gdpcenter.org/2022InReview
4️⃣ From a lackluster #MC12 to investor-state disputes threatening green transitions, @Thrasher_Rachel reviews how the future of the existing trade + investment regime depends on its ability to adapt + respond to global development + climate needs.

gdpcenter.org/2022InReview
5️⃣ @TarelaMoses examines how China-Africa economic relations are in transition as Chinese loans to Africa decrease.

The Chinese Foreign Minister’s visit to Africa in January may indicate the new direction 🇨🇳China wants to take within African countries.

gdpcenter.org/2022InReview
6️⃣ As #COP15 comes to a close, @BUBeckyRay considers how the new Global Biodiversity Framework could help shape climate finance + set guidelines for development finance institutions in protecting vital ecosystems.

gdpcenter.org/2022InReview
7️⃣ "How can policymakers withstand a polycrisis?" asks @ywang2005b.

She highlights that it is crucial to focus on building public assets + utilizing these assets to either sustain development or survive.

gdpcenter.org/2022InReview
8️⃣ On debt, @LumaSRamos emphasizes that the looming debt crisis requires action from @g20org on reforming the Common Framework + ambitious, comprehensive solutions that allow developing countries to invest in low-carbon, resilient + inclusive growth.

gdpcenter.org/2022InReview
9️⃣ As @IMFNews mainstreams climate into its operations, climate vulnerable countries have very little formal say in the process due to the quota system.

@LaraMerling writes that the 16th Review of Quotas concluding in 2023 is a 🔑 opportunity for reform.

gdpcenter.org/2022InReview
Read more 🔑 takeaways from 2022 and what to look out for in 2023 in our latest blog ⤵️

gdpcenter.org/2022InReview
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More from @GDP_Center

Sep 26, 2022
🌏 Who owns the majority of climate vulnerable country debt?

A new policy brief finds the majority of the $686.3 billion in @V20Group public debt is owed to private creditors + multilateral development banks, including @WorldBank.

🧵for highlights ⤵️

gdpcenter.org/V20Debt
🌊 The @V20Group - a dedicated initiative of 55 climate vulnerable countries - is at the epicenter of the looming debt + climate crises.

gdpcenter.org/V20Debt
Over the last 2️⃣ decades, @V20Group countries have lost approx. $525 billion to climate impacts, eliminating 20% of the group's wealth and threatening their ability to build resilient + low-carbon economies.

v-20.org/resources/publ…
Read 14 tweets
Jul 8, 2021
🚨 Who funds overseas coal plants?🚨

NEW policy brief by Xinyue Ma & @KevinPGallagher shows 87% of total financing for overseas coal plants comes from entities outside China.

Follow the 🧵 for highlights ⬇️

gdpcenter.org/WhoFundsCoal Image
A misconception that the majority of new funding for overseas coal plants comes from public financing institutions in China pervades public policy discussion, which is partly due to a lack of transparent, reliable, systematic & comprehensive data. gdpcenter.org/WhoFundsCoal
Our research aims to correct this knowledge gap by comparing China’s overseas coal finance relative to its public and commercial counterparts globally.
Read 17 tweets

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