The World Bank mobilised $112 billion in private capital for developing nations last year. This significant increase reflects a strategic shift due to donor funding limitations. Private capital mobilisation now nearly matches the World Bank Group’s own lending efforts. The bank employs various methods to de-risk and incentivise private investment. These efforts aim to bridge development financing gaps and foster job creation.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.