Description

CGD senior fellow Vijaya Ramachandran argues in this essay that the next U.S. president can play a valuable role in helping Africa to overcome two crucial barriers to poverty reduction: lack of power and lack of roads. Ramachandran urges the next president to create a $1 billion Clean Energy Fund for Africa to facilitate the transfer of U.S. infrastructure technology, including renewable energy; and to encourage the World Bank and the African Development Bank to focus on cross-country <em>regional</em > infrastructure projects, also with a strong emphasis on clean technology. The essay is included in a forthcoming CGD volume: <em>The White House and the World: A Global Development Agenda for the Next U.S. President</em>.