Financing Development: Private Capital Mobilization and Institutional Investors
Georg Inderst ()
EconStor Preprints from ZBW - Leibniz Information Centre for Economics
Abstract:
This report discusses key issues around the mobilization of private capital for development. Investment requirements are huge, especially for infrastructure, climate and other SDG-related investments. External finance for developing countries stagnated in the years before the pandemic, followed by a major setback in 2020/2021. The focus is in particular on institutional investors, whose exposure to less-developed countries is still very low, even more so in unlisted assets and projects. There is a potential for progress as asset owners seek new diversification opportunities in growth markets. The main burden is on governments to create favourable business conditions for investable long-term assets. Policy makers, development finance institutions and investors should utilize the full spectrum of investment vehicles - commercial, impact and blended finance.
Keywords: development finance; private capital; institutional investors; SDG investing; emerging markets; multilateral development banks; blended finance; infrastructure investment; development finance institutions; asset owners; impact investment (search for similar items in EconPapers)
JEL-codes: F21 F3 G15 G18 G2 H54 H57 J32 L9 M14 O16 O18 O19 Q01 Q5 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-fdg
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:esprep:232266
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