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The amount of development assistance funds available for climate mitigation and adaptation is small relative to the increasing need for it and relative to the magnitude of private capital flowing to developing countries. Improving domestic revenue mobilization, for instance through taxation, can only go so far because many developing countries have relatively small economies. Furthermore, the global pandemic and economic recession only add to the numerous, urgent competing needs for public expenditures.

• 06/25/2020
• Eric Hyman

Implementors of international development projects as well as countries around the world increasingly recognize the private sector as a key partner to meet development and policy goals. But in order to make these collaborations most effective, there are best practices that all parties should follow, such as having a shared objective, equally investing in the relationship, and setting clear expectations.

• 06/24/2020
• Jennifer Park, Jonathan Schwarz

Colombia’s Ministry of Mines and Energy (MME) recently completed its first successful renewable energy auction, enabling the government to obtain variable renewable energy (VRE) at globally low-cost prices. The auction awarded contracts that are estimated to attract more than $1.3 billion of private sector investment and will enhance the country’s capacity to provide reliable electricity supplies to its communities.

• 06/23/2020
• Andrew Fang, Kristen Madler, Sarah Lawson

The USAID-funded Kathmandu Vehicle Alliance (KEVA) program, implemented by Winrock International from 2001 to 2006, continues to benefit the environment and people of Nepal due to its role in expanding the electric vehicle market, which has reduced GHG emissions that lower air quality and contribute to climate change.

• 06/22/2020
• Anne Cassidy