In 2018, International Finance Corporation’s (IFC’s) shareholders authorized a capital increase of 5.5 billion dollars, the largest increase in its history. The capital increase was based on a strategy...
Summary of Note 98 : Private Credit in Emerging Markets. Private credit broadly refers to nonbank lending to firms. Since the Global Financial Crisis of 2008-2009, private credit has grown considerably...
Rudimentary markets for capital - for raising money and investing - exist in even the remotest places around the world. However, prudent macroeconomic management, regulation, investor protection, and innovation...
Climate change presents risks and opportunities for the financial sector in both emerging and advanced economies. Financial institutions cannot afford to be outside of the transition path to low-carbon...
The World Bank Group is shifting from lending to mobilizing third-party money by leveraging its financial and advisory resources, with the goal of moving from billions to trillions of dollars in development...