The German Institute for Economic Research – DIW Berlin | July 2021 Programme: Strengthen National Climate Policy Implementation: Comparative Empirical Learning & Creating Linkage to Climate Finance – SNAPFI Financial support:The International Climate Initiative (IKI), Federal Ministry for the Environment, … Continue reading International Climate Finance and support to national climate policy processes in emerging markets – literature review
Published by the Institute for Global Change 14 October 2021 By Gareth Walsh, Imad Ahmed, Jonathan Said, Martim Faria e Maya with a foreword by Tony Blair Our Time to Zero In series makes the case for an inclusive transition to net zero that focuses on people, fairness, technology, markets and communities. This paper seeks to share insights and recommendations with policymakers in high-income countries on how they can better partner with their counterparts in Africa, to deliver on development for the continent while mitigating climate change and its worst impacts. It draws on the experience of the Tony Blair Institute in … Continue reading A Just Transition for Africa: Championing a Fair and Prosperous Pathway to Net Zero
Dawn | October 7, 2018 Imaduddin Ahmed WHEN considering investment in an infrastructure project, responsible investors or donors would ask: what is the need? What are the financial, social and environmental costs? What are the risks and the unknowns? Is the project likely to yield higher costs than benefits? Is the project the best option to address the need? Pakistan’s judiciary and government have called upon Pakistanis to invest in the Diamer-Basha and Mohmand Dam Fund, and yet they have insufficiently addressed these questions. The Supreme Court’s online appeal is not accompanied by a feasibility study. From the outside looking … Continue reading Seismic costs
Financial Times | 31 July, 2017 Innovative solutions bring the prospect of accessible water to the isolated poor By Imaduddin Ahmed Fifty-one million people lack access to safe water in the core East African Community member states of Tanzania, … Continue reading After off-grid electricity, what chance off-grid water?
Financial Times | 27 March, 2017 Solar systems help Rwanda government switch from provider to regulator of electricity by Imaduddin Ahmed Mobile phones were the “leapfrog” … Continue reading Leapfrogging into the light
Financial Times Beyond BRICS | 2 April, 2015 New Times | 4 April, 2015 allAfrica | 4 April, 2015 World Bank EIN News Desk | 6 April, 2015 Twenty-one years after its genocide, Rwanda ranks 46th in the world for ease of doing business according to the World Bank, four spots below its former coloniser Belgium. This is flattering. The rush with which international lenders financed its energy utility’s first solar public private partnership (PPP) demonstrates that this ranking is not empty academic musing. Yet, in the same manner in which Rwandans drew on their own internal reserves of strength … Continue reading PPP success in Rwanda shows potential for greater self-reliance
By Imaduddin Ahmed and Shilesh Muralidhara The East African | January 11, 2014 Partnerships can be wonderful. They can also be disastrous. So, too, is this the case with partnerships entered into by governments and businesses for the delivery of public goods, which can either lose countries millions of dollars per project or initiate virtuous economic growth cycles. Public-private partnerships (PPPs) are mechanisms in which governments transfer upfront costs and risks for infrastructure projects meeting public needs to private sector developers. Power plants, water treatment facilities, roads, stadia, airports, hospitals — all of these can be given birth under PPPs, … Continue reading Is your local public-private partnership going to be a happy one?
The Guardian Also linked to by the Wall Street Journal Our system of sovereign sukuk ratings could benefit the global economy and promote better cross-cultural relations Imaduddin Ahmed Wednesday 2 February 2011 Think of two of the most common problems highlighted in today’s news: the state of the global economy and violence at the hands of Islamists. Here’s a possible remedy to both: a sovereign sukuk rating system. Such a rating would show which economies are sharia-compliant and hence suitable candidates for asset-backed Islamic bonds in the form of sovereign sukuks. The metrics used in such a rating would mean … Continue reading Is your economy sharia compliant?
The Guardian Also linked to by Bloomberg Businessweek It has its limitations, but it’s worth considering how the Islamic approach to banking might have prevented the financial crisis Imaduddin Ahmed 7 January 2011 Sub-prime loans, which caused housing foreclosures in the US, are not allowed in Islamic finance. Photograph: Alex Wong/Getty Images Imagine a world without a financial crisis. No moral hazard, so brokers won’t sell mortgages without carrying out appropriate credit checks. Imagine banks not deliberately selling complex derivatives, knowing that they will be worthless. No short-selling speculation, so companies tinkering on the edge won’t be pushed over. Imagine … Continue reading What if the world had been following Islamic financial practices?
Given its domestic market size, resources and untapped potential for leverage, China, according to Goldman Sachs’ projected rates of growth, is set to become the largest state economy by 2030. The other BRIC economies, meanwhile, are projected to an aggregate economy worth half of the USA’s by that time, which will be relegated to the second largest economy. By 2050, China’s economy will, according to the same projections, be worth almost double the USA’s. The core EU states and Japan’s economies will have grown relatively little. A discussion, therefore, of China’s economy becoming the largest economy is relevant. This paper attempts to model the incentives, constraints and … Continue reading China’s economic rise will not make it the dominant political power