Crowding-In Capital : How Insurance Companies Can Expand Access to Finance
Development institutions, governments, and the investment community have been exploring ways to increase private capital flows to support critical development projects in emerging markets. A new financing mechanism applies the risk-bearing capacity...
| Main Authors: | , , , |
|---|---|
| Format: | Brief |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2018
|
| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/392191525326925514/Crowding-in-capital-how-insurance-companies-can-expand-access-to-finance http://hdl.handle.net/10986/30378 |
| Summary: | Development institutions, governments,
and the investment community have been exploring ways to
increase private capital flows to support critical
development projects in emerging markets. A new financing
mechanism applies the risk-bearing capacity and know-how of
insurance companies to allow these companies to take what
are, in many cases, their first insurance exposure to
markets and counterparties. This innovative credit insurance
solution, called as credit mobilization, is being pioneered
to provide long-term funding to developing country banks,
and may offer significant potential for scale-up and replication. |
|---|