Development finance needs to be bolder

  • 📰 TheEconomist
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 92%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Development-finance institutions are yet to show their model can meet ambitions in the world’s poorest places

This grand vision explains a recent rush of money into bilateralInternational Development Finance Corporation , with an investment limit of $60bn, twice that of its predecessor. The year before, Canada launched its first. In Europe the combined portfolio of the 15 biggest institutions has doubled in a decade, to €48bn by the end of 2021.

In practice, they often look for cheap co-financing from donor agencies that give grants or concessional loans, in order “to take the risk off the table” by making the firms involved less likely to fail, says Conor Savoy of the Centre for Strategic and International Studies, a think-tank. Philippe Valahu of the Private Infrastructure Development Group says his donor-backed fund, which focuses on Africa and Asia, has taken on projects thatOne issue is where to spend.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bonny Street Market future decided ahead of £300m leisure developmentThe £300m Blackpool Central leisure development will eventually encompass the Bonny Street Market site
La source: LiveLancs - 🏆 10. / 87 Lire la suite »