Development Futures: Can private investment save the planet?
Trillions of dollars are needed to meet the world’s climate and development goals. Joan Larrea, CEO of Convergence, a global blended finance network, speaks with the Lowy Institute’s Roland Rajah about how blended finance, which uses government and philanthropic money to increase private investment…
Development Futures: 2024 Pacific Aid Map: Key Findings
Each year, the Lowy Institute updates is Pacific Aid Map – the most comprehensive database tracking aid and development flows to the Pacific Islands region ever assembled. In this episode of Development Futures, lead authors Alexandre Dayant and Riley Duke join Dr Jessica Collins to unpack the key …
Development Futures - What to expect at COP29
In this episode, we explore what might happen at COP29, the upcoming UN climate summit in Baku, Azerbaijan. With global emissions at record highs and climate impacts intensifying, this year’s conference will focus on setting a new climate finance goal to drive global climate action. The Lowy Instit…
Development Futures: The case for an Indo-Pacific Economic Resilience Bank
Eighty years ago, the Bretton Woods agreement shaped the global financial system to build a better world. While its institutions remain vital, they are struggling to meet today’s challenges — climate change, economic insecurity, and a multi-trillion-dollar development financing gap. In this podcast…
Development Futures: A climate loss and damage fund that works
In this episode, we delve into the United Nations Loss and Damage Fund, the most concrete effort to address restitution for those impacted by climate change. As the recently appointed board begins crafting a global fund to financially support climate victims, much remains unresolved, including comp…
Development Futures: The world’s addiction to GDP
Can we measure national success beyond economic growth? Professor Robert Costanza speaks with the Lowy Institute’s Alexandre Dayant about why countries need to move away from gross domestic product as the measure of economic prosperity and factor in other complementary gauges of success. In a time …
Development Futures: Angus Deaton on what economists got wrong
Angus Deaton, the 2015 Nobel Prize-winning economist, has dedicated four decades to studying poverty, inequality, health, wellbeing, and economic development. Recently, he strongly criticised his own profession, arguing that economists have overlooked the power dynamics inherent in capitalism. In …
Development Futures: Bert Hofman on China’s economy
China is facing many economic problems, at home and abroad. The two are connected. Weak demand at home has contributed to a sharp rise in Chinese manufacturing exports, especially in green technologies such as electric vehicles. Surging Chinese exports have in turn prompted a backlash from the Unit…
Development Futures: Richard Baldwin on how globalisation and robotics will impact developing economies
Today, the dynamic duo of globalisation and robotics, which international economist Richard Baldwin calls “globotics”, is disrupting the service sector and professional jobs faster than ever. Digital technology is empowering “white-collar robots” to take over many service sector and professional jo…
Development Futures: Where to next on climate and development?
Climate change is one of the biggest challenges for sustainable development around the world. Large developing economies, particularly in Asia, are now major sources of global emissions but need external assistance to accelerate their transition to clean energy. Meanwhile, many poor and vulnerable …