A body of recent studies has compared the ability of proxy-means testing (PMT), a data-driven poverty targeting procedure, and community-based targeting (CBT), a participatory method, to identify consumption-poor households. Motivated by the facts that targeted benefits typically reach...

Introduction: innovative finance and the visible hand -- Climate change: REDD forests, green bonds, and the price of climate finance -- Health care: medicine for market failure -- Financial inclusion and access to capital -- Redefining risk, response, and resilience towards a new disaster...

This Element outlines the origins and evolution of an international award-winning development intervention, index-based livestock insurance (IBLI), which scaled from a small pilot project in Kenya to a design that underpins drought risk management products and policies across Africa. General...