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

🌏 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

🚨 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 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